Item 7 - Minutes of RDA Adjourned Meeting December 19, 1985CITY OF POWAY, CALI O
MrNUZES CP THE POWAY VELOPMER AGENCY
D 19, 1985
The December 19 1985, meeting of the Poway redevelopment Agency, adjourned ;
from the December 17, 1985, regular meeting, was called to order at 4:05 P.M. by
Chairman. Emery at the. City Council Chambers, 13325 Civic Center Drive, Poway
California.:
D ANSWERING ROIL Cl4I<L
Carl Kruse, Linda Oravec,Bob Emery
DIlC1�dR5 AT ROLL. CAIS
Marls Shepardsoa, Bruce TArzy
(Director Shepardson arrived at 4:06 P.M.)
(Director Tarzy Arrived at 4:20 P.M.)
SrA rMEMBERSPRESENr - -
James Bowersox Executive Director
Jo Seibert Deputy Secretary
ITEM. 7
a4NER, PARTICIPATION AGREFNENT CF POWAY, LTD
SOUTH POWAY` COMITY FACILITIES DISTRICT NO .,1
ITEM 8
ACQUISITION CF' POWAY, LTD.
SOUTH POWAY COMMUNITY FACILITIES DISTRICT NO. -
1 -Executive Director Bowersox announced. the documentation on Items 7 and 8 will
not arrive- until 7:00 P.M.t He suggested either recessing until 7:00: P.M. or
adjourning the meeting to 4:00: P.M, Friday, December 20, 1985. The Directors
concurred in trailing Items 7 and 8 until 7:00 P.M.
RECESS AND CALL. TO ORDER
Executive Director Bowersox stated he has received word. that the documents in
Items 7 and e' will not arrive until at -least 8:00 P.M.
Chairman Kruse recessedthe meeting at 5:25 P.M. and called it back to order at
9:00 P.M.All Councilmembers were present.
JAN 14 1986 1 L �`�7
173
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Page 2 - CITY OF POWAY REDEVELOPMER AGENCY December 194 1985
TRAILED ITEM 7
OWNER, PARTICIPATION AGR - CF POWAY,. LTD.
SOUTH POWAY COMM )NITY FACILITIES DISTRICT N0.1
Motion by Director Oravec, seconded by Director Tarzy, to adopt- Resolution leo.
R-85-12. entitled, "A. Resolution of the Poway Redevelopment Agency Approving an
Owner Participation Agreement by and Between. the Agency and, CF'` Poway Ltd..;:
Determining That the Construction and Acquisition of' Certain Public Improvements
on or Adjacent to the Site is of Benefit to the Paguay Redevelopment Project and
the Bmnediate Neighborhood, in which the Project is. Located,- Determining that -
There are No Other Reasonable Means of Financing Said Improvements; and
Authorizing the Execution and Delivery of Said Owner Participation Agreement,"`
subject to the approval of the document in specific form by; the: City Attorney. j
Motion carried unanimously.
r �
TRAILID ITEM. 8
ACQUISITION CF POWAY, LTD.
SOUTH POWAY COMMUNITY FACILITIES DISTRICT NO.1
Motion by Director Oravec, seconded by Director Emery, to adopt Resolution No
R-85-13. entitled, "A Resolution of the Poway Redevelopment AgencyApproving an.
Agraeement with CE'
Poway, Ltd.:, for the Acquisition. of Certain Public °
F_
Improvements.
City Attorney Eckis stated he has reviewed this document and it will require
some: revisions. The substance is acceptable, and it can be approved subject to
approval of the City Attorney
Notion carried unanimously.
ADJOURNMENr
Upon motion by Director Emery, seconded by Director Tarzy, Chairman Kruse
ordered the: meeting adjourned to 5:00, Monday, December 23 1985.. The time of
adjourmnent was 9:10 P.M.,
J " S'eibert., Deputy .Secretary
oway Redevelopment Agency
,t
JAN
4 1986
174