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05-04-1993 - SpecialSPECIAL MEETING OF THE WEST COVINA CITY COUNCIL AND REDEVELOPMENT AGENCY TUESDAY - 5:30 P.M. CITY MANAGER'S CONFERENCE ROOM A G E N D A MAY 4, 1993 Agenda material is available for review in the City Clerk's Office, Room 318, 1444 W. Garvey Avenue. For sign language interpreter services at Council meetings, please call (818) 814-8433 (voice) or (818) 960-4422 (TTY) between 8:00 a.m. and 5:00 p.m. Monday through Friday. Four working days notice is required. PLEDGE OF ALLEGIANCE ROLL CALL City Council Jennings, Wong, Herfert, Manners, McFadden Redevelopment Agency Jennings, Wong, Herfert, Manners, McFadden CLOSED SESSION Closed session for litigation matters pursuant to Government Code Section 54956.9(c) and to discuss real property negotiation matters pursuant to Government Code Section 54956.8 (2000 and 1932 E. Garvey Avenue South). II. RECONVENE FROM CLOSED SESSION III. OWNER PARTICIPATION AGREEMENT AND NEGOTIATING AGREEMENT - HASSEN IMPORTS PARTNERSHIP Transmitted for consideration is an Owner Participation Agreement between the Redevelopment Agency and Hassen Imports Partnership and West Covina Motors, Inc., which provides for the relocation of Covina Dodge to the vacant Mitsubishi site. A Negotiating Agreement, which provides a ninety - day period to negotiate the settlement of the issues related to two existing DOAs between the Agency and Hassen Imports, Inc. and the Agency and Hassen Imports Partnership is also being transmitted for consideration. It is recommended that the City Council approve the Negotiating Agreement. Motion by, nd by. To APPROVE Disapprove Hold Over It is recommended that the Agency Board a) adopt the following resolution: RESOLUTION NO. 447 - A RESOLUTION OF THE REDEVELOPMBNTertify that copies of the AGENCY OF THE CITY OF WEST COVINA APPROVING Alancil Agenda for the meetil AUTHORIZING EXECUTION OF THE OWNER PART ICIPAT HdN_� were posted AGREEMENT BY AND AMONG THE REDEVELOPMENT AGENCY OF l44Eordanoe with the 1/87 Broi CITY OF WEST COVINA, HASSEN IMPORTS PARTNERSHIP AND WggT Amendments. COVINA MOTORS, INC., AND MAKING CERTAIN FINDINGS Med: 91av1f3 CONNECTION THEREWITH Motion by 2nd by Office of the city to WAIVE further reading of the resolution and To ADOPT Disapprove Hold Over Special Meeting City Council and W.C.R.A. -2- May 4, 1993 b) approve the appropriation of the loan amount from Agency reserves; Motion by 2nd by To APPROVE Disapprove Hold Over. c) approve the Negotiating Agreement. Motion by 2nd by To APPROVE Disapprove Hold Over III. ORAL COMMUNICATIONS ADJOURNMENT Redevelopment Agency Motion nd by To ADJOURN the meeting at p.m. To Regular Meeting, May 4, 1993 - 7:30 p.m. City Council Motion by To ADJOURN the meeting by To Regular Meeting, May 4, 1993 - 7:30 p.m. NOTICE TO PUBLIC ANYONE WISHING TO ADDRESS THE AGENCY BOARD MAY DO SO AT THE SAME TIME AS THOSE ADDRESSING THE CITY COUNCIL UNDER AGENDA COMMUNICATIONS. .m.