HomeMy WebLinkAbout03/28/84 MINUTES RA MINUTES
BAKERSFIELD REDEVELOPMENT AGENCY
Regular Meeting--March 28, 1984
The Regular Meeting of the Bakersfield Redevelopment Agency
was called to order by Chairman Rockoff on Wedensday, March 28,
1984, at 5:03 p.m. in the City Hall Council Chambers. The
Secretary called the roll as follows:
MEMBERS PRESENT:
James Childs
Chris Christensen
Rollie Moore
Thomas Payne
Art Rockoff
MEMBERS ABSENT:
Donald Ratty
James Barton
REPORTS
1. Oral report from staff regarding Preliminary Financial
Analysis on the Proposed Downtown Shopping Center.
Mr. Kennon stated that in August of 1983, the Agency granted
an Exclusive Right to Negotiate to Mr. Moreland which was subse-
quently assigned to the McDonald Group, Ltd. They are now
acting as the developer and are the principals in the project.
One of the requirements of the Exclusive Right to Negotiate was
that they must bring a preliminary financial analysis for the
project to the Redevelopment Agency at a certain time. He
stated that a full report will be submitted at the April 25,
1984 meeting which will delineate the project and describe the
basic concept of the way it is to be economically structured.
Agency Member Childs requested that information be given to
him regarding this project since he was not on the Agency at that
time of the granting of the Exclusive Right to Negotiate.
Agency Member Rockoff questioned if,the developer was within
the time frame allowed.
Mr. Kennon stated that the financial feasibility report was due
at the end of March and will therefore be approximately four weeks
late.
Agency Member Christensen questioned the final date that the
Galleria project runs out.
Mr. Kennon indicated that a 120-day extension was granted,
and that period ends in the second week in May. At that point,
Mr. Moreland's second 90-day period begins and a portion of the
developer's deposit will be at risk.
CONSENT CALENDAR
Upon a motion by Agency Member Payne, item (a) of
Calendar was approved by the following roll call vote:
AYES: Childs, Christensen, Moore, Payne, Rockoff
NOES: None
ABSENT: Ratty, Barton
the Consent
NEW BUSINESS
1. DDK Construction for demolition services for
1212-1216 - 19th Street structure.
Acting Executive Director Richard Russell stated that the
demolition of the structure is 1212-1216 19th Street; Ernie's Bar
and Chinese Toggery building.
Agency Member Childs stated that at an earlier date he
questioned minority businesses being able to contract on this type
of bid.
Agency Member Moore questioned if DDK Construction would get
the materials
from the building demolition.
Mr. Kennon stated that they were awarded the salvage rights
for materials from the building.
Agency Member Moore made a motion to accept the low bid of
DDK Construction, and check all other bids and authorize the
Chairman to sign. The motion was carried by a group vote.
ADJOURNMENT
There being no further business to come before the Redevelopment
Agency, Agency Member Christensen made a motion to adjourn the
meeting at 5:13 p.m.
ARTHOK~ L.' RbCKf~F~r~
Bakersfield Redeve~ment Agency
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