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Brea refinancing

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									                                BREA REDEVELOPMENT AGENCY

                                                MINUTES
                                                JUNE 7, 2011

            (PRELIMINARY – FOR APPROVAL AT THE JUNE 21, 2011 MEETING)
                                          CLOSED SESSION
                                  4:45 p.m. – Executive Conference Room
                                                Level Three


1.    CALL TO ORDER / ROLL CALL – Council / Agency / Authority / Corporation

      Mayor Moore called the Closed Session of the Brea City Council, Brea Redevelopment Agency, Brea Public
      Financing Authority and Brea Arts Corporation meetings to order at 4:47 p.m.

      COUNCIL / AGENCY / AUTHORITY / CORPORATION MEMBERS
      PRESENT:      Moore, Schweitzer, Simonoff, Garcia
      ABSENT:       Murdock
      EXCUSED:      None
      Council Member Murdock arrived at 4:50 p.m.

2.    PUBLIC COMMENT
      None.

3.    RECESS REDEVELOPMENT AGENCY, BREA PUBLIC FINANCING AUTHORITY, AND BREA ARTS
      CORPORATION MEETINGS
      Mayor Moore recessed the Redevelopment Agency, Brea Public Financing Authority and Brea Arts
      Corporation meetings.
      (See City Council Meeting Minutes for Closed Session Item 4)


                                               STUDY SESSION
                                  5:00 p.m. – Executive Conference Room
                                                Level Three


1.    Call to Order / Roll Call – Council / Agency / Authority / Corporation
      Mayor Moore called the Study Session of the Brea City Council, Brea Redevelopment Agency, Brea Public
      Financing Authority and the Brea Arts Corporation to order at 5:11 p.m.




June 7, 2011
Redevelopment Agency Meeting Minutes – DRAFT                                                          1
2.    Public Comment
      None.

3.    Clarify Regular Meeting Topics
      Council Members clarified regular meeting topics. Mayor Moore announced he will adjourn the meeting in
      memory of Kathleen Nelson and will pull Item 12.7 for discussion.

4.    Recess Brea Public Financing Authority and Brea Arts Corporation Meetings
      Chair Moore recessed the Brea Public Financing Authority and Brea Arts Corporation meetings at 5:17 p.m.

5.    Council / Agency Discussion Items
      5.1      Discussion of Large CIP/Agency Projects - Downtown Parking Structure, Community Facility on
               Eastside, and Tracks at Brea
               Mayor Moore continued this item to the June 21, 2011 City Council meeting.

6.    Recess Redevelopment Agency Meeting
      Mayor Moore recessed the Redevelopment Agency meeting at 5:18 p.m.

      (See City Council Meeting Minutes for Study Session Items 7 – 8)


                                            GENERAL SESSION
                                           7:00 p.m. – Council Chamber
                                                   Plaza Level

      (See City Council Meeting Minutes for Items 1 – 5)

6.    RECONVENE REDEVELOPMENT AGENCY, BREA PUBLIC FINANCING AUTHORITY, AND BREA ARTS
      CORPORATION MEETINGS
      Chair Moore reconvened the Redevelopment Agency and Brea Public Financing Authority meetings at
      7:14 p.m.
7.    MATTERS FROM THE AUDIENCE [00:13:00]
           Glenn Vodhanel, Brea, spoke about having and accepting an invitation for a public debate.
           Phil Painchaud, Brea, spoke about the Brown Act and suggested conducting Town Hall meetings.
           Laurie Starkey, Brea, spoke regarding the May 3, 2011 City Council Study Session decision on street
            sweeping.
           Milt Burdick, Brea, spoke in support of holding Town Hall meetings and proclaiming June 14, 2011 “Flag
            Day.”
           Robert Bickel, Brea, expressed his concern about the intersection of Date Street and Brea Boulevard.
           Renee Jones spoke of a County Ordinance designating all County parks as a “child safety zone” and
            encouraged Brea to enact a similar ordinance.
           Laura Hearn, Brea Public Library, announced upcoming events at the Brea Public Library.

June 7, 2011
Redevelopment Agency Meeting Minutes – DRAFT                                                                  2
         Peggy Avila, Brea, spoke in favor of the War Memorial process and in appreciation of citizen involvement.
         Keith Fullington, Brea, spoke regarding the OC Watchdog column in the Orange County Register and a
          Brea resident’s Letter to the Editor.
         Dave Rader, Brea, highlighted upcoming events in the City of Brea.
8.    RESPONSE TO PUBLIC INQUIRIES - City Manager [00:30:05]
      City Manager O’Donnell responded to public inquiries.
9.    RECESS REDEVELOPMENT AGENCY, BREA PUBLIC FINANCING AUTHORITY, AND BREA ARTS
      CORPORATION MEETINGS
      Chair Moore recessed the Redevelopment Agency, Brea Public Financing Authority and Brea Arts
      Corporation meetings at 7:59 p.m.

      (See City Council Meeting Minutes for Items 10.1 – 10.3)

      Mayor Moore recessed the meeting at 9:00 p.m. and reconvened the meeting at 9:05 p.m.

11.   ADMINISTRATIVE ITEMS
      11.1   RECONVENE REDEVELOPMENT AGENCY AND BREA PUBLIC FINANCING AUTHORITY
             MEETINGS
             Mayor Moore reconvened the Redevelopment Agency and Brea Public Financing Authority meetings at
             9:05 p.m.
      11.2   Refinancing Existing 2001 Brea Redevelopment Agency Project Area AB Subordinate Tax
             Allocation Refunding Bonds, Series B
             M / S SIMONOFF / GARCIA to adopt Resolution No. 2011-057, “A Resolution of the City Council of
             the City of Brea Approving the Issuance by the Brea Redevelopment Agency of Not to Exceed
             $23,000,000 Principal Amount of Tax Allocation Bonds to Provide Financing and Refinancing for the
             Redevelopment Project AB and Not to Exceed $15,000,000 Principal Amount of Taxable Tax Allocation
             Housing Bonds to Provide Financing for Qualifying Low- and Moderate-Income Housing Projects”

             Motion carried as follows:
             AYES:          COUNCIL MEMBERS:             Garcia, Murdock, Schweitzer, Simonoff, Moore
             NOES:          COUNCIL MEMBERS:             None
             ABSTAIN:       COUNCIL MEMBERS:             None
             ABSENT:        COUNCIL MEMBERS:             None
             M / S SIMONOFF / GARCIA to adopt Resolution No. 09(2011), “A Resolution of the Brea
             Redevelopment Agency Authorizing the Issuance and Sale of Not to Exceed $23,000,000 Principal
             Amount of Tax Allocation Bonds to Provide Financing and Refinancing for the Redevelopment Project
             AB and Not to Exceed $15,000,000 Principal Amount of Taxable Tax Allocation Housing Bonds to
             Provide Financing for Qualifying Low- and Moderate-Income Housing Projects, Approving Related
             Financing Agreements and Authorizing Official Actions”




June 7, 2011
Redevelopment Agency Meeting Minutes – DRAFT                                                                 3
             Motion carried as follows:
             AYES:          AGENCY MEMBERS:              Garcia, Murdock, Schweitzer, Simonoff, Moore
             NOES:          AGENCY MEMBERS:              None
             ABSTAIN:       AGENCY MEMBERS:              None
             ABSENT:        AGENCY MEMBERS:              None

             M / S SIMONOFF / GARCIA to adopt Resolution No. A-03-2011, “A Resolution of the Brea Public
             Financing Authority Authorizing the Purchase and Sale of Tax Allocation Bonds of the Brea
             Redevelopment Agency, Approving Related Documents and Authorizing Official Actions”

             Motion carried as follows:
             AYES:          DIRECTORS:           Garcia, Murdock, Schweitzer, Simonoff, Moore
             NOES:          DIRECTORS:           None
             ABSTAIN:       DIRECTORS:           None
             ABSENT:        DIRECTORS:           None

      11.3   RECESS REDEVELOPMENT AGENCY AND BREA PUBLIC FINANCING AUTHORITY MEETINGS
             Mayor Moore recessed the Redevelopment Agency and Brea Public Financing Authority meetings at
             9:13 p.m.

             (See City Council Meeting Minutes for Items 11.4 – 12)

13.   RECESS CITY COUNCIL MEETING AND RECONVENE REDEVELOPMENT AGENCY MEETING
      Mayor Moore recessed the City Council meeting and reconvened the Redevelopment Agency meeting at
      10:28 p.m.


                                BREA REDEVELOPMENT AGENCY
                                      GENERAL SESSION

14.   CALL TO ORDER / ROLL CALL – Agency
      Chair Moore called the meeting to order at 10:28 p.m.
15.   CONSENT CALENDAR – Agency [03:26:30]

      M / S SCHWEITZER / SIMONOFF to approve the recommended items on the Consent Calendar as follows:
      15.1   May 17, 2011 Redevelopment Agency Meeting Minutes
             Approve May 17, 2011 Redevelopment Agency Meeting Minutes
      15.2   May 20 and 27, 2011 & June 3, 2011 Agency Warrant Registers
             Approve May 20 and 27, 2011 & June 3, 2011 Agency Warrant Registers




June 7, 2011
Redevelopment Agency Meeting Minutes – DRAFT                                                            4
              Motion carried as follows:
              AYES:          AGENCY MEMBERS:           Garcia, Murdock, Schweitzer, Simonoff, Moore
              NOES:          AGENCY MEMBERS:           None
              ABSTAIN:       AGENCY MEMBERS:           None
              ABSENT:        AGENCY MEMBERS:           None

16.    ADJOURN REDEVELOPMENT AGENCY MEETING AND RECONVENE BREA ARTS CORPORATION
       MEETING
       Chair Moore recessed the Redevelopment Agency and reconvened the Brea Arts Corporation meeting at
       10:28 p.m.
       (See Brea Arts Corporation Meeting Minutes for Items 17 – 19. See Brea Public Financing Authority Meeting
       Minutes for Items 20 – 21. See City Council Meeting Minutes for Items 22 – 25)


Respectfully submitted,                                       The foregoing minutes are hereby
                                                              approved this 21st day of June, 2011.


_________________________________                             ___________________________________
Kathie Mendoza, Interim Assistant Secretary                   Roy Moore, Chair




June 7, 2011
Redevelopment Agency Meeting Minutes – DRAFT                                                            5

								
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