Loading...
05-27-1992 - Speciali SPECIAL MEETING OF THE CITY COUNCIL OF THE CITY OF WEST COVINA AND THE WEST COVINA REDEVELOPMENT AGENCY May 27, 1992 7:30 P.M. A G E N D A PLEDGE OF ALLEGIANCE CALL TO ORDER OF THE WEST COVINA CITY COUNCIL ROLL CALL: Manners, Jennings, Herfert, McFadden, Wong CALL TO ORDER OF THE WEST COVINA REDEVELOPMENT AGENCY ROLL CALL: Manners, Jennings, Herfert, McFadden, Wong PUBLIC HEARING NOTICE TO PUBLIC Council Chambers City Hall Hearings before the City Council/Redevelopment Agency Board are routinely set for 7:30 P.M. The procedures used for testimony are hearing those in favor speaking first, those in opposition speaking second, followed by those in favor speaking in rebuttal; however, the rebuttal may only address those items dis- cussed in opposition. When recognized, please come forward to the podium and state your name and address for the record. I. JOINT PUBLIC HEARING TO CONSIDER THE PROPOSED SECOND AMENDMENT TO THE OWNER PARTICIPATION AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY AND SYLVAN S. SHULMAN CO./WEST COVINA ASSOCIATES - THE PLAZA EXPANSION The City Council and Redevelopment Agency will consider approving a Second Amendment to the Owner Participation Agreement between the Agency and Shulman/ May Centers for the expansion of The Plaza; approving an Amendment to the Cooperative Agreement between the City of West Covina and the Redevelopment Agency; and approving a Third Amendment to the Reciprocal Easement Agreement pertaining to The Plaza project. These amendments are necessitated by the proposed purchase of all title and interest in The Plaza by CenterMark Properties. a. Verification of Publication b. Open Hearing C. Presentation of Staff Report d. Public Testimony e. Close Hearing f. Board Discussion g. Recommendation is to take the following actions: A) ACTIONS BY THE CITY COUNCIL 1. Adopt the following resolution: RESOLUTION NO. - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THAT CERTAIN AGREEMENT ENTITLED "SECOND AMENDMENT TO OWNER PARTICIPATION AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF WEST COVINA AND SYLVAN S. SHULMAN CO./WEST COVINA ASSOCIATES" AND MAKING FINDINGS REGARDING CERTAIN PUBLIC APPROVEMENTS. ACTION: Motion by 2nd by To WAIVE further reading of the resolution and To ADOPT Disapprove Hold Over 0- 0- City Council West Covina Redevelopment Agency Special Meeting 5/27/92 Page Two 2. Approve a First Amendment to Cooperative Agreement between the City of West Covina and the Redevelopment Agency of the City of West Covina Regarding Expansion of the Fashion Plaza, and authorize the Mayor to execute the Amendment. ACTION: Motion To APPROVE 2nd by DisapproveHold Over B) ACTIONS BY THE REDEVELOPMENT AGENCY 1. Adopt the following resolution: RESOLUTION NO. 435 - A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF WEST COVINA APPROVING THAT CERTAIN AGREEMENT ENTITLED "SECOND AMENDMENT TO OWNER PARTICIPATION AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF WEST COVINA AND SYLVAN S. SHULMAN CO./WEST COVINA ASSOCIATES" AND MAKING FINDINGS REGARDING CERTAIN PUBLIC IMPROVEMENTS. ACTION: Motion by 2nd by _ To WAIVE further reading of the resolution and To ADOPT Disapprove Hold Over 2. Approve a First Amendment to Cooperative Agreement between the City of West Covina and the Redevelopment Agency of the City of West Covina Regarding Expansion of the Fashion Plaza, and authorize the Chairman to execute the Amendment. ACTION: Motion 2nd by To APPROVE Disapprove Hold Over 3. Approve a Third Amendment to and Restatement of Construction, Operation and Reciprocal Easement Agreement for The Plaza at West Covina,in substantially the form submitted, and authorize the Chairman to execute the Amendment. ACTION: Motion by 2nd by To APPROVE Disapprove Hold Over II. ORAL COMMUNICATIONS When recognized, please come forward and give your name, address, and item you wish you discuss. III. CLOSED SESSION Closed session for real property negotiation and litigation matters pursuant to Government Code Sections 54956.8 and 54956.9(b) respectively. ADJOURNMENT City Council: ACTION: Motion by 2nd To ADJOURN the meeting at Redevelopment Agency: ACTION: Motion by 2nd by To ADJOURN the meeting at P.M.