HomeMy WebLinkAboutRDA Minutes 1982-04-07 MINUTES
SOUTH SAN FRANCISCO REDEVELOPMENT AGENCY
April 7, 1982
Regular Meeting
TIME: 7:00 p.m.
PLACE: Community Room, Municipal Services Building
CALL TO ORDER: Chairman Gus Nicolopulos called the South San Francisco
Redevelopment Agency meeting to order at 7:10 p.m.
ROLL CALL: Present: Chairman Gus Nicolopulos; Vice Chairman Roberta Cerri
Teglia; Members Ronald G. Acosta, Mark N. Addiego,
and Emanuele N. Damonte
Also present: Executive Director/Secretary C. Walter Birkelo;
Assistant Secretary Louis Dell'Angela; Director of
Finance Barry Lipton; representatives from Homart
Development Company
A .... ~DA REVIEW: Executive Director Birkelo stated that there was nothing to add to the agenda.
APPROVAL OF MINUTES: Member Addieg° moved, seconded by Member Damonte, that the
Minutes of the Regular meeting of March 17, 1982, be approved.
Motion, as made and seconded, was unanimously carried.
APPROVAL OF BILLS: Member Acosta moved, seconded by Member Addiego, that the claims,
as submitted for payment, be approved. Motion, as made and seconded,
was unanimously carried.
PROGRESS REPORT ON Executive Director Birkelo stated that he would like to bring
CURRENT STAFF the Board up to date on what has been taking place.
ACTIVITIES:
He remarked that following the court's determination in the Agency's
EAST GRAND AVENUE validation suit for the tax increment notes and bonds, an official
OVERCROSSING statement is being prepared which is under final review. He
stated that a time schedule has been set up which would bring to
the Board for its consideration on April 21, 1982, the adoption
of a resolution of issuance and notice of sale of tax increment
notes in the amount of $6,500,000, the sale to be concluded with
delivery of notes approximately by June, 1982. He explained the
City's and Southern Pacific Company's shares in the project in
regard to the East Grand Avenue Overcrossing. He further explained
that the engineering of the East Grand Avenue Overcrossing is
proceeding with bids to go out by June; and a meeting i~ being
I ~GRESS REPORT ON scheduled soon with CalTrans to resolve matters so that bids
I :RENT STAFF can be received, bonds and notes will be sold successfully,
ab~'IVITIES: and the project will be under way.
(Continued)
Executive Director Birkelo remarked that Homart had set their
BUILDING PERMITS goal for Phase I's permits for the middle of this month. He
stated that they realize that some matters might preclude
their meeting that schedule, but that the City staff is ready
to work with them as to not slow down their work, pending full
and final approval of the building permits and related items.
He further explained the use of the assessment district to
fund Homart's and Agency's shares of the public improvements,
and the coverage in the Owner Participation Agreement. He
stated that two agreements are being prepared: one is the
improvement agreement which accompanies the offsite improve-
ments; and the second agreement would spell out how the assess-
ment district would cover the Agency's share to be paid later
from tax increment funds. These require more discussion, and
staff is proceeding on them.
UNDERGROUND DISTRICT With respect to the undergrounding, Executive Director Birkelo
informed the Board that the fiscal estimates are much more
encouraging and should be in the neighborhood of $2 million.
He stated that the only problems now were procedural in getting
the underground district in place and moving. He explained
the alternatives by Homart and the Agency to keep pace with
other offsite improvements and construction work which should
follow along at the same time.
Mr. Birkelo concluded that these were the basic items he had
to bring to the Board's attention.
TRANSPORTATION Assistant Secretary Dell'Angela briefly stated that the Trans-
MANAGEMENT PLAN portation Management Plan had been submitted by Homart Develop-
ment Company, and it will be part of the building permit review
and issuance process.
GOOD AND WELFARE: Chairman Nicolopulos invited anyone in the audience to speak.
No one spoke.
ADJOURNMENT: Member Acosta moved, seconded by Member Addiego, that the
meeting be adjourned. Motion, as made and seconded, was
unanimously carried.
Time of adjournment: 7:20 p.m.
4/7/82
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APPROVED:
G~s Nicolopulos, Chairnl~n
South San Francisco Redevelopment Agency
RESPECTFULLY SUBMITTED,
C. Walter Birkelo, lrector/Secretary
South San Francisco Redevelopment Agency
The entries of this Redevelopment Agency meeting 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 available
four inspection, review, and copying.
4/7/82
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