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12-30-1998 - Special Meeting - MinutesMINUTES SPECIAL MEETING OF THE WEST COVINA CITY COUNCIL DECEMBER 30, 1998 • The special meeting of the West Covina City Council was called to order at 5:10 pm in the City Manager's Conference Room at City Hall, 1444 W. Garvey Avenue, West Covina. ROLL CALL Mayor Melendez, Mayor Pro Tern Herfert, Councilmember Howard, Touhey Absent: I Councilmember Wong Others Present: Hobbs, Fields, Chung, Goetz, Berry PUBLIC COMMENTS ON ITEMS ON THE AGENDA No comments offered. CLOSED SESSION ADJOURNMENT Attest: City Clerk Janet Ber City Manager Hobbs stated that the anticipated closed session was not necessary. APPROVING A SUBORDINATION AND "STANDSTILL" AGREEMENT — WEST COVINA LAKES Redevelopment Agency Director Chung and Special Counsel Goetz presented the staff report. In response to Councilmember Touhey's concern, Special Counsel Goetz responded that the securities and rights in. other documents related to this project would not be impacted. Motion by Herfert and seconded by Howard to approve the Subordination and "Standstill" Agreement between the City and West Covina Lakes Associates and authorize the Mayor or his designee to execute the necessary documents thereto. Motion carried 4-0. Motion by Herfert and seconded by Touhey to adjourn the meeting at 5:20 pm. Motion carrieg4-0.