HomeMy WebLinkAbout11/07/79 MINUTES RA MINUTES
BAKERSFIELD REDEVELOPMENT AGENCY
Special Meeting-November 7, 1979
A Special Meeting of the Bakersfield Redevelopment Agency was called
to order by Chairman Casper, Wednesday, November 7, 1979 at 4 p.m. in the City
Council Chamber for the purpose of amending covenants, conditions and restric-
tions of a grant deed conveying property from the Agency to the California
Republic Bank.
The secretary called the roll as follows:
MEMBERS PRESENT:
Vincent Casper, Chairman
Jeanne Foth
Frank S. Lewis
John S. Mooneyham
Ralph H. Poehner, Vice Chairman
ABSENT:
Robert E. King
Dr. Glenn D. Puder
STAFF PRESENT:
Dennis Needham, Deputy Executive Director
Philip Kelmar, Treasurer
Richard Oberholzer, Assistant City Attorney
Melvin Tooker, Development Services Coordinator
OTHERS PRESENT: Lawrence E. Guay and Carl Danielson, Guay & Danielson
ITEM I:
AMENDMENT TO COVENANTS, CONDITIONS AND RESTRICTIONS OF GRANT DEED CON-
VEYING PROPERTY FROM THE REDEVELOPMENT AGENCY TO CALIFORNIA REPUBLIC
BANK.
Chairman Casper introduced Mr. Danielson who explained that in order for
his Company to obtain permanent financing, they are requesting the Agency to
release certain covenants running with the land, and secure those covenants
by a deed of trust subordinate to the permanent lender.
Mr. Oberholzer explained the Agency's position, and recommended the
Agency approve.
Following discussion, Mr. Poehner moved to authorize the Executive Director
of the Agency to execute an amendment to the covenants, conditions and
restrictions of the Grant Deed which conveyed real property from the
Agency to California Republic Bank for their project at 17th and Chester.
The motion was seconded by Mr. Lewis, and carried by the following vote:
AYES:
NOES:
ABSENT:
Casper, Foth, Mooneyham and Poehner
None
King and Puder
ADJOURNMENT
There being no further business to come before the Agency, Chairman
Casper adjourned the meeting at 5:35 p.m.
Bake r s f i e 1 ti~ Redeve~J~fhen t
Bernice E. Stewart, Secretary to the Bakersfield Redevelopment Agency