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HomeMy WebLinkAboutRDA Minutes 1982-08-04 MINUTES '-- SOUTH SAN FRANCISCO REDEVELOPMENT AGENCY Regular Meeting August 4, 1982 TIME: 7:00 p.m. PLACE: Community Room, Municipal Services Building CALL TO ORDER: Chairman Roberta C. Teglia called the South San Francisco Redevelopment Agency meeting to order at 7:06 p.m. ROLL CALL: Present: Chairman Roberta Cerri Teglia, Vice Chairman Mark N. Addiego; Members Ronald G. Acosta, Emanuele N. Damonte and Gus Nicolopulos Also present: Executive Director/Secretary C. Walter Birkelo; Assistant Secretary Louis Dell'Angela; Director of Finance Barry Lipton; Herman Fitzgerald, Agency Counsel; Homart representatives, Mr. John Aguilar and Mr. Charles Berling. Ms. Lora Stovall, Bartle Wells Associates. AGEN~___DA REVIEW: Executive Director Birkelo stated that there was nothing to add to the agenda, but that he would like to bring the Board up to date on two project areas. APPROVAL OF MINUTES: Member Acosta moved, seconded by Member Damonte, that the Minutes of the meeting of July 21, 1982, be approved. Motion, as made and seconded, was unanimously approved. APPROVAL OF BILLS: Vice Chairman Addiego moved, seconded by Member Nicolopulos, that the claims, as submitted for payment, be approved. Roll call was as follows: Ayes, Members Ronald G. Acosta, Mark N. Addiego, Emanuele N. Damonte, Gus Nicolopulos, and Roberta C. Teglia. Noes, none. Absent, none. REVIEW OF PROJECT Mr. Birkelo remarked that he had hoped to bring to the Board this IMPROVEMENTS AND evening the request to go to bid on the East Grand Avenue Over- FINANCIAL crossing project. He stated that he had been informed that Caltrans CONSIDERATIONS was not expediting the processing of this. In speaking with the district, he was told that there should be no major problem to hold EAST GRAND AVENUE it up. He remarked that staff was aware of it on a day-to-day basis OVERCROSSING PROJECT and would continue its endeavors to encourage its progress. Mr. Birkelo next brought up the matter of the proposed auxiliary lane on the west side of Bayshore Freeway between Linden Avenue and -- the proposed Miller Avenue off-ramp. He stated that it was not a part of the East Grand Avenue Overcrossing project, but that Caltrans RF-V_IEW OF PROJECT decided it should be considered in conjunction with it. In approach- II~ :OVEMENTS AND ing Homart on the matter, it was agreed that they would be willing F ~NCIAL to underwrite the cost of construction of the auxiliary lane but C~,SIDERATIONS not the pedestrian overcrossing which is of no benefit to Homart. (Continued) He further expressed his concern about the letter from Homart which agreed to pay up to $750,000 but which also stated that the EAST GRAND AVENUE commitment would expire January 1, 1986. He stated that there were OVERCROSSING PROJECT further discussions to be held on it (Continued) He spoke of another provision in the letter whereby Homart would like to explore an assessment district. Mr. Birkelo said that it was timely, that this could be written into the assessment district currently being worked on. Further discussions are to be held in the next '~few days, and the Cooperative Agreement will be brought to the Board with these matters clearly defined. The Board members and Executive Director discussd the formation of a new district or includion of the scope of work in the present assess- ment district. The Board requested a report back with a flexible commitment extending beyond January 1, 1986. FINANCIAL ADVISORY Mr. Birkelo next addressed an item on Council's agenda relating SERVICES/SALE OF to the employment of Bartle Wells Associates to provide financial GATEWAY PROJECT advisory services for assessment bond sale. He recalled the ASSESSMENT BONDS successful sale of the recent tax increment notes through the services contracted with Bartle Wells Associates. He further explained that at least $14 million would be involved in the sale and that this requires the kind of expertise that is provided by Bartle Wells Associates. After a recommendation of approval, Mr. Birkelo introduced Ms. Lora Stovall, firm of Bartle Wells. Ms. Lora Stovall, partner in Bartle Wells Associates, expressed her firm's appreciation for the Agency's confidence and stated that they looked forward to working again on this project. She responded to the Board's questions concerning the fee and additional direct expenses. Chairman Teglia instructed staff to assist in any way to expedite the processing of the East Grand Avenue overcrossing project in Sacramento. Mr. Birkelo replied that Staff has been in touch with Caltrans; and should any problem arise, they would go to Sacramento personally to talk to the chairman of the Transportation Committee. GOOD AND WELFARE: Chairman Tegia invited anyone in the audience to speak on the Redevelopment project. No one spoke. ADJOURNMENT: Member Damonte moved, seconded by Member Acosta, that the meeting be adjourned. Motion, as made and seconded, was unanimously carried. Time of adjournment: 7:22 p.m. 8/4/82 Page 2 APPROVED: Red~-erta Cerri Teglia, Chairma~ South San Francsco Redevelop~fent Agency RESPECTFULLY SUBMITTED, C. Walter ~irkelo, Executive Director/Sec eta y South San Francisco Redevelopment Agency The entries of this Redevelopment Agency show the action' taken by the Board to dispose of the item. Oral presentations, arguments, and comments are recorded on tape. The tape and documents related to the items are on file in the office of the City Manager and a)~ajlable for inspection, review, and copying. 8/4/82 Page 3