11-18-1985 - Regular Meeting - MinutesC J
M I N U T E S.
THE ADJOURNED REGULAR MEETING
OF THE
CITY COUNCIL
PARKING AUTHORITY
REDEVELOPMENT AGENCY
November 1.8, 1985
The adjourned regular meeting was called to order by Mayor Pro Tem Shearer at
6:30 PM in the Management Resource Center, Room 315 at City Hall, 1444 W. Garvey
Avenue, West Covina. The Pledge of Allegiance was led by Councilmember Manners.
ROLL CALL Mayor Pro Tem Shearer, Councilmembers Chappell, Manners,
Bacon
Absent: Mayor Tennant (out of town)
Others Present: Fast, Yoshizaki, Eliot, Miller, Thomas, Winter, Johnson,
Salazar, Penfield, C. Adams (bond counsel), T.Maas
(underwriter), Berry
CALL TO ORDER OF THE REDEVELOPMENT AGENCY
Vice Chairman Shearer called to order the Redevelopment
Agency for purposes of considering the following matter
jointly with the City Council. All members were present,
except Chairman Tennant.
APPROVAL OF CONTRACTS FOR FINANCIAL CONSULTING SERVICES
(RAUSCHER PIERCE REFSNES, INC.) AND BOND COUNSEL (JONES,
HALL, HILL AND WHITE)
Financial Consulting Assistant Executive Director of the Redevelopment
Services Agency, Leonard Eliot, presented the staff report re-
garding the proposed bond issue for four specific parking
structures. He introduced Chick Adams of Jones, Hall,
Hill and White, and Terry Maas of Rauscher Pierce Ref snes,
Inc.., who were both available to answer questions.
Motion by Bacon, seconded by Chappell, and unani-
mously carried that the Revelopment Agency approve the
contract for financial consulting services with Rauscher
Pierce Refsnes, Inc. and the contract for legal services
with Jones, Hall, Hill and White, and authorize the
Assistant Executive Director to execute each contract. -
CALL TO ORDER OF THE PARKING AUTHORITY
The Parking Authority was called to order by Mr.
• Shearer for a joint meeting with the Redevelopment
Agency and City Council to consider the following
matters. Roll call indicated Chairman Tennant absent.
• JOINT ACTION REGARDING CERTIFICATES OF PARTICIPATION -
APPROVE FINAL DOCUMENTS
The staff report was reviewed and the following
actions taken:
Action by Parking Authority City Manager presented:
RESOLUTION NO. 15 - A RESOLUTION OF THE PARKING
AUTHORITY OF THE CITY OF WEST COVINA APPROVING AND
AUTHORIZING AND DIRECTING EXECUTION OF FOUR INSTALLMENT
SALE AGREEMENTS FOR SALE OF LAND AND PUBLIC PARKING
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MINUTES OF JOINT MEETING November 18, 1985
Page Two
Resolution 15 -
FACILITIES TO THE REDEVELOPMENT AGENCY OF THE CITY OF
• Parking structures
WEST COVINA, APPROVING SALE OF FOUR SERIES OF CERTIFICATES
(Parking Authority)
OF PARTICIPATION IN THE AGGREGATE PRINCIPAL AMOUNT OF
$75,605,000, APPROVING OFFICIAL STATEMENT AND RELATED
DOCUMENTS, AND AUTHORIZING OFFICIAL ACTION
•
Motion by Chappell, seconded by Bacon, and unani--
mously carried to waive .further reading of the resolution
and to adopt.
Action by Redevelopment
City Manager presented:
Agency:
RESOLUTION NO.324 - A RESOLUTION OF THE REDEVELOP-
MENT AGENCY OF THE CITY OF WEST COVINA APPROVING AND
Resolution 324 -
AUTHORIZING AND DIRECTING EXECUTION OF FOUR INSTALLMENT
Parking structures
SALE AGREEMENTS FOR PURCHASE OF LAND AND PUBLIC PARKING
FACILITIES FROM THE PARKING AUTHORITY OF THE CITY OF
WEST COVINA, AUTHORIZING SALE OF FOUR SERIES OF CERTIFI-
CATES OF PARTICIPATION IN THE AGGREGATE PRINCIPAL AMOUNT
OF $75,605,000, APPROVING OFFICIAL STATEMENT AND RELATED
DOCUMENTS, AND AUTHORIZING OFFICIAL ACTION
Motion by Manners, seconded by Chappell, and unani-
mously carried to waive further reading of the resolution
and to adopt.
ADJOURNMENT OF PARKING AUTHORITY
Motion by Chappell, seconded by Manners, and unani-
mously carried to adjourn the meeting at 6:48 PM.
ADJOURNMENT OF REDEVELOPMENT AGENCY
Motion by Chappell, seconded by Manners, and unani-
mously carried to adjourn the meeting at 6:48 PM. The
City Council meeting continued.
PROPOSITION A STUDY SESSION
Human Resources Director Gus Salazar presented the
staff report, indicating the status of current projects
and requesting Council direction on proposed projects.
Council acted on the following projects:
Elderly/Handicapped Dial -A -Ride Service
Joint Dial -A -Ride Service Motion by Manners, seconded by Chappell, and unani-
mously carried to authorize staff to solicit proposals
for the joint service pending approval by La Puente.
• RTD Pass Buydown for-Elderly/Handicapped
RID Pass Buydown Motion by Chappell, seconded by Manners, and unani-
mously carried to authorize implementation of the service
from the Cortez Senior Citizens Center,
• $8,000 has been earmarked for this project.
Park and Ride Facility Studies
Park & Ride Facility Council combined two separate proposed studies into
Studies one consolidated study, formerly entitled 1) Park and
Ride at Fashion Plaza and 2) Transportation Center.
Motion by Chappell, seconded by -Manners, and unanimously
carried to amend the amounts earmarked to $100,000 and
authorized staff to pursue parking facility studies.
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CITY COUNCIL MINUTES
November 18, 1985
Page Three
• OTHER MATTERS Councilmember Bacon commented on a meeting with an official
of the Netherlands, visiting the.United States to compare
Bacon methods of handling hazardous wastes, air pollution,
• ground water contamination, etc.
11
•
ADJOURNMENT Motion by Chappell, seconded by Manners, and unanimously
carried to adjourn the meeting at 8:00 PM to Monday,
November 25 at 7:30 Art for a breakfast meeting with
Congressman Torres,!. at Coco's Restaurant in West Covina.
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