RDA Min 1997-03-10 - Laserfiche WebLink

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. . REPORT: Redevelopment Agency and Housing Director Church, March 10, 1997 -~ (This proposed Resolution approving the Seventh Amendment to the DDA for Mezes Plaza Project is the companion resolution to the one discussed and approved by the City Council earlier in the evening [Resolution No. 13027].) MIS: RUSKINILEIPZIG. TITLE READ. RESOLUTION NO. RD 97-05 OF THE REDEVELOPMENT AGENCY OF THE CITY OF REDWOOD CITY APPROVING AND AUTHORIZING EXECUTION OF THE SEVENTH AMENDMENT OF THE DISPOSITION AND DEVELOPMENT AGREEMENT AND EXPIRATION AGREEMENT FOR THE MEZES PLAZA PROJECT ADOPTED BY UNANIMOUS ROLL CALL VOTE OF DIRECTORS PRESENT. ------------------------------------------------------------------------------------------------------------------------- B. LONESTAR SITE (PART OF THE FRANKLIN STREET REDEVELOPMENT PROJECT AREA) - APPROVAL TO NEGOTIATE WITH IRVINE APARTMENT COMMUNITIES (lAC) The Lonestar property is a 4.5 acre site located at the NE corner of EI Camino Real and Maple Street and part of the Franklin Street Redevelopment Project Area. (100) REPORT: Redevelopment Agency and Housing Director Church, March 10, 1997 - CONSENSUS: Chairwoman Pro Tem Howard determined it was the consensus of the Redevelopment Agency Directors to postpone consideration of negotiations with Irvine Apartment Communities (lAC) regarding the Lonestar Site since only four Directors were present; and, reschedule this Item before the full Board. MINUTE ORDER NO. 09-97RD In response to Agency Director's questions regarding the need for a closed session on this subject, City Manager Everett explained that the only subject discussed in closed session would "be a direction to you as to how the staff should negotiate with this or any other developer." Director Claire said only contractual negotiations are appropriate for discussion in closed session. He said Agency Directors needed an open public discussion of this development and the subject of home ownership versus rentals. In response to Agency Director Claire's questions, Redevelopment Agency Attorney Schricker said, "There are significant policy considerations involved in this development which will certainly be discussed and decisions will be made in open session. The sole purpose of the closed session would be to discuss, two items actually: One would be the parameters of negotiations, if there are going to be any; and then any legal considerations that might be involved in those negotiations." - REGULAR REDEVELOPMENT AGENCY MEETING MARCH 10, 1997 MINUTES MINUTE BOOK NO.1 PAGE 2 Page No. 401