HomeMy WebLinkAbout06/23/81 MINUTES RA MINUTES
BAKERSFIELD REDEVELOPMENT AGENCY
Regul.ar Meetin9 -- June 23, 1981
The Regular Meeting of the Bakersfield Redevelopment Agency was called
to order by Chairman Casper on Tuesday, June 23, 1981 at 4:08 p.m., in the
City Council Chamber. The secretary called the roll as follows:
MEMBERS PRESENT: Vincent Casper, Chairman
John Mooneyham ABSENT: Jeanne Foth, Vice Chairman
Dr. Glenn Puder Dr. Richard Bilas
Gene Winer Frank Lewis
STAFF PRESENT:
Philip Kelmar, Executive Director
Richard Russell, Deputy Executive Director
W. D. Higginbotham, Treasurer
Richard Oberholzer, City Attorney
Calvin Bidwell, Building Director
David Kennon, Economic Development Coordinator
MINUTES
Minutes of the Regular Meeting of May 26, 1981 were approved as mailed.
Minutes of the Special Meeting of June 11, 1981 were amended to delete the
list of OTHERS PRESENT as these people were not involved in the meeting.
CORRESPONDENCE
Request of Chairman Casper for secretary to read a letter from Bell Tower
Associates addressed to Richard Oberholzer, into the Minutes. Action taken by
Agency to refer this item to staff and the appropriate committee for review
and recommendation.
FINANCIAL
a) Voucher Approval - On a motion by Mr. Mooneyham, seconded by Dn Puder and
carried, Vouchers 169 through 178 totalling $6,957.61 were approved for payment.
PROJECTS
a) Status Report on Shopping Center
l) Renegotiation of Joint Development Agreement - Mr. Kelmar made an oral
presentation to the Agency informing them that the Developer has been able to
secure financing, and that now the City must come up with its share. He felt it
would be a worthwhile effort to explore the possibility of trying to raise funds
locally for the City's portion of the financing. He stated that there were
several options open in terms of how to structure and market the bond issue.
He suggested that the bonds could be structured in denominations of $1,000 (as
opposed to $5,000). This would make it easier for smaller individual investors
to participate. Mr. Kelmar stated that First Interstate Bank is willing to open
a trust account for the City and that moneys could be invested in money market
certificates during the interim. As a gesture of support and to encourage the
City's participation in financing of this (downtown retail center), Mr. Kelmar
presented a check for $1,000 to be deposited in a special trust for the Redevel-
opment Agency.
On a motion by Mr. Winer, seconded by Dr. Puder and carried, the Agency
gave its support of "going public" in trying to secure financial support for
the City's portion of financing for the downtown retail center.
2) Shopping Center Property Appraisals - Presentation made by Mr. Kelmar
concerning ~pdat~lngJthe cost of property appraisals. Mr. Kelmar indicated the
approximate cost for the appraisals would be between $750 and $800 per parcel.
He indicated that if costs to appraise the 13 properties exceed $5,000 by more
than $700 or $800, he would bring the issue back before the Agency.
On a motion by Mr. Mooneyham, seconded by Mr. Winer and carried, the Agency
authorized Mr. Kelmar to go ahead with the update of property appraisals.
b) Status Report on Hotel Project
l) David Kennon informed the Agency that staff has ordered an engineering
survey of the site to aid the developer in the development of conceptual plans of
the project. Also, staff has been working on a parking plan for the Auditorium
and Hotel. He stated staff will be able to come back with more precise informa-
tion in 30 days.
c) Proposed Office Parkin9 Structure of "K" Street Garage
1) Mr. Lawrence Guay requested that he be allowed to negotiate a Joint
Development Agreement with the City on the proposed parking structure at 18th
and "K" Streets. This would provide approximately 100 new public parking
spaces. He also requested a 90-day exclusive right to negotiate with the
Agency on developing Phase II of this planned project.
On a motion by Mr. Winer, seconded by Mr. Mooneyham and carried, Mr.
was given the authority to establish a Joint Development Agreement on the
proposed parking structure.
Guay
On a motion by Dr. Puder and seconded by Mr. Winer and carried, Mr. Guay
was given a 90-day exclusive right to negotiate with the Agency on the develop-
ment of the additional phases of this proposed project. These properties
include parcels between 17th, 19th, "L" and "K" Streets and will involve the
development of subject properties as various mixed commercial office uses.
GENERAL
a) Design Review Board Recommendations
After presentation by Mr. Cal Bidwell, City Building Director, and after
discussion by Agency members, on a motion by Mr. Mooneyham, seconded by Dr.
Puder and carried, Design Review Board recommendation to approve the Convenience
Food Market and Service Station on the northeast corner of 18th and "H" Streets
was approved by the Agency.
b) Staff Requirements for Project I~plementation
Deputy Executive Director Russell presented a request to the Agency for
approval of a new staff position titled Redevelopment Project Supervisor. It
was recommended that this position and the job description submitted to the
Agency members be approved to that recruitment can begin. Mr. Russell indicated
that this position would not be filled until redevelopment activities demanded
the additional staff and that the request for fulfilling the position would be
returned to the Agency at a later date. It was recommended that this position
be hired under contract for approximately $32,000 per year. This request will
be forwarded to City Council for their review and approval.
c) Proposal and Financial Audit
Mr. Kelmar stated that the City Council approved the CPA firm of Bailey,
Brennan, Slaughter & Company Accountants, Inc. to perform the City's annual
audit. He suggested that the Redevelopment Agency utilize these same services.
On a motion by Mr. Mooneyham, seconded by Dr. Puder and carried, Redevelopment
Agency agreed to utilize the services of Bailey, Brennan, Slaughter & Company
Accountants, Inc. in their annual financial audit.
ADJOURNMENT
There being no further business to come before the Redevelopment Agency,
Chairman Casper adjourned the meeting at 4:46 p.m. /
~¢~I ~CEN~, CAS~PE R, Cha i r~r~/o~-t h~---
BakersfiXe2~ Redevel~t Agency
G. Porter
Secretary