MINUTES OF THE JOINT REDEVELOPMENT AGENCY
CITY COUNCIL MEETING
SAN JOSÉ, CALIFORNIA TUESDAY,
DECEMBER 17, 2002
The Council of the City of San José convened in adjourned regular session at 10:52 p.m. in City Council Chambers at City Hall for a joint meeting with the Redevelopment Agency Board.
Present: Council Members - Campos, Chavez, Cortese, Dando, Diquisto, LeZotte, Reed, Shirakawa, Jr., Williams, Yeager; Gonzales.
Absent: Council Members - None.
7.1 Adoption of resolutions by the City Council and Agency Board approving the Annual Report of Financial Transactions of Community Redevelopment Agencies, Fiscal Year 2001 – 02, and directing staff to forward the report to the State of California Controller. (MERGED)
Documents Filed: (1) Memorandum from Executive Director of Redevelopment Agency Susan F. Shick, dated December 17, 2002, recommending the adoption of said resolution approving the Annual Report of Financial Transactions of Community Redevelopment Agencies, FY 2001 – 02, for the purpose of forwarding the annual report to the State Controller, in accordance with Community Redevelopment Law, Section 33080.1, enclosing: (1) Annual Report of Financial Transactions of Community Redevelopment Agencies, (2) Housing Activities Report, (3) Statement of Indebtedness, (4) Audit/Compliance Report, and (5) Property Report.
Discussion/Action:
Upon motion by Vice Mayor Shirakawa, Jr., seconded by Council Member Chavez,
and unanimously carried, Resolution No. 71376, entitled: “A Resolution of the
Council of the City of San José Approving the Annual Report of Financial
Transactions of Community Redevelopment Agencies, Fiscal Year 2001-2002, and
Directing Staff to Forward the Report to the State of California Controller”,
and Redevelopment Agency Resolution No. 5381,
were adopted. Vote: 11-0-0-0.
7.2 Adoption of resolutions by the City Council and Agency Board:
(a) By the City Council and Agency Board approving the disposition of the real property located at 941 The Alameda to Green Valley Corporation, accepting the 33433 Summary Report and Re-Use Appraisal, and finding that the disposition of the property will assist in the elimination of blight, is consistent with the Implementation Plan for The Alameda Redevelopment Project Area and that the consideration for the property is not less than the fair reuse value for the proposed use, with the covenants and conditions and development costs authorized by the Disposition and Development Agreement (DDA); and,
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7.2 (Cont’d.)
(b) By the Agency Board approving the DDA and authorizing the Executive Director to execute ancillary documents contemplated by the DDA and to close escrow and convey the Property subject to compliance with the terms of the DDA, and to negotiate and execute amendments to the DDA substantially in conformance with the intent of the DDA as reasonably necessary to conform to lender requirements; and,
(c) By the Agency Board approving additional revenue of $210,000 to the Adopted FY 2002-2003 Revenue Budget, and amending the FY 2002-2003 Agency appropriations resolution.
CEQA: Negative Declaration, PDC 01-060 [The Alameda]
Documents Filed: Memorandum from
Executive Director of Redevelopment Agency Susan F. Shick, dated December 17,
2002, recommending adoption of said City Council and Agency Resolutions.
Discussion/Action: Upon motion by Council
Member Dando, seconded by Council Member Chavez, and unanimously carried,
Resolution No. 71377, entitled: “A Resolution of the Council of the City of San
José Approving the Disposition of the Real Property Located at 941The Alameda
to Green Valley Corporation, Accepting The 33433 Summary Report and Re-Use
Appraisal, and Finding that the Disposition of the Property Will Assist in the
Elimination of Blight, is Consistent with the Implementation Plan for the
Alameda Redevelopment Project Area and that the Consideration for the Property
is Not Less than the Fair Reuse Value for the Proposed Use, with the Covenants
and Conditions and Development Costs Authorized by the Disposition and
Development Agreement (DDA)”, Redevelopment Agency Resolution Nos. 5382 and
5383, were adopted. Vote: 11-0-0-0.
Adjournment
The Joint City Council and
Redevelopment Agency Board meeting was adjourned at 10:54 p.m.
RON GONZALES, MAYOR
ATTEST:
PATRICIA L. O’HEARN, CITY CLERK