| | | | Tuesday, October 18, 2005 - Minutes
Special and Regular Meeting Minutes 10-18-05
M I N U T E S
SPECIAL MEETING OF THE
COMMUNITY DEVELOPMENT COMMISSION
October 18, 2005
Vice Chairman Wong called to order the special meeting of the West Covina Community Development Commission at 6:20 p.m. p.m. in the City Manager’s Conference Room at City Hall, 1444 W. Garvey Avenue, West Covina.
ROLL CALL Vice Chairman Wong, Commissioner Herfert, Commissioner Hernandez, Commissioner Miller
Absent: Chairman Sanderson
Others present: Pasmant, Alvarez-Glasman, Fields, Chung, Semblantes, Lee, Freeland
PUBLIC COMMENT ON ITEMS ON THE AGENDA
Pei Chin and Robert Change presented a proposal regarding the placement of a medical office building at the ACE site located at Nogales and Valley. They suggested the City purchase the property, since the City could decide what use would be at the site and stated their company would reimburse the City for costs associated with the purchase.
Armond Gabay, representing the Charles Company, discussed fluctuating property values and stated he is interested in bringing the Costco project forward to completion.
CLOSED SESSION Vice Chairman Wong commenced the closed session at 6:25 p.m. to discuss the following matters:
CONFERENCE WITH REAL PROPERTY NEGOTIATORS —
Pursuant to Government Code Section 54956.8
Property: 1700 West Covina Parkway
Agency Negotiators: Pasmant, Alvarez-Glasman, Chung, Lee
Negotiating Parties: Charles Company
Under Negotiation: Both price and terms
Property: 2009 San Bernardino Road
Agency Negotiators: Pasmant, Alvarez-Glasman, Chung, Lee
Negotiating Parties: Concorde Battery
Under Negotiation: Terms of sale
Property Northeast corner of Valley/Nogales
Agency Negotiators: Pasmant, Alvarez-Glasman, Chung, Lee
Negotiating Parties: Alameda Corridor East
Under Negotiations: Both price and terms
ADJOURNMENT Vice Chairman Wong adjourned the meeting at 7:15 p.m.
Chairman Shelley Sanderson for Vice Chairman Ben Wong
ATTEST:
Assistant Commission Secretary Susan Rush
M I N U T E S
REGULAR MEETING OF THE
WEST COVINA COMMUNITY DEVELOPMENT COMMISSION
October 18, 2005
Chairman Sanderson called to order the regular meeting of the Community Development Commission at 9:10 p.m. in the City Hall Council Chambers, 1444 W. Garvey Avenue, West Covina.
ROLL CALL Chairwoman Sanderson, Vice Chair Wong,
Commissioners Miller, Herfert, Hernandez
Others Present: Pasmant, Fields, Alvarez-Glasman Freeland, Samaniego, Rodriguez, Bachman,, Chung, Yauchzee, Rush
APPROVAL OF MINUTES The following minutes were approved as presented:
Regular Meeting of April 5 , 2005
Special Meeting of April 5, 2005
Special Meeting of April 19, 2005
CONSENT CALENDAR Extension of Charles Company Exclusive Negotiating Agreement — 730 South Orange
Item I-A General Counsel Alvarez Glasman reported for the record that
Extension of ENA the Commission has received correspondence from legal representatives of K-Mart and the property owner for review and consideration. The CDC had granted an exclusive negotiating agreement to the Charles Company and has every right to extend the agreement or to choose another entity to negotiate with.
Commissioner Herfert asked if the City made an offer to purchase the property or condemn the property. General Counsel responded that an offer was made to purchase and there has been no action to condemn.
Consent Calendar Action Motion by Herfert and seconded by Hernandez to approve an extension of the Exclusive Negotiating Agreement with Charles Company for the potential development of a 120,783 square foot commercial retail project to May 2, 2006 and ratify its previous action granting the first extension as memorialized in the First Amendment to the ENA. Motion carried 5-0.
REGULAR ITEM Purchase of Community Development Commission Interests in the West Covina Lakes Property
Item II-A Finance Director Bachman presented a brief staff report regarding the sale of the CDC interests in the West Covina Lakes Property.
Motion Motion by Herfert and seconded by Miller to approve the sale of the CDC interests in the Lakes Property in exchange for a $1.5 million payment from West Covina Lakes Associates. Motion carried 5-0.
ADJOURNMENT Motion by Herfert and seconded by Wong to adjourn the meeting at 8:54 pm. Motion carried 5-0.
Chairman Shelley Sanderson
ATTEST:
Assistant Commission Secretary Susan Rush
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