MINUTES OF THE CITY OF SANTA CLARA OVERSIGHT BOARD FOR SUCCESSOR AGENCY TO THE CITY OF SANTA CLARA REDEVELOPMENT AGENCY FOR A SPECIAL MEETING HELD ON

FRIDAY, JUNE 30, 2017

 

 

            Chairperson Gage called the Special Meeting of the Oversight Board for Successor Agency to the City of Santa Clara Redevelopment Agency to order at 10:00 am, on the above-mentioned date, in the City Hall Council Chambers. 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.A

 

 

5.A

 

 

 

 

 

 

 

 

5.B

 

 

 

            Present: Mayor of the City of Santa Clara appointees: Angela Kraetsch, Acting Finance Director and Lisa Gillmor, Mayor; Santa Clara County Board of Supervisors appointees: Debbie Cauble and Glen Williams; Santa Clara County Board of Education appointee: Matthew Tinsley; Chancellor of California State Community College appointee: Edralin (Ed) Maduli and Santa Clara Valley Water District (SCVWD) appointee: Donald Gage, Chairperson.

 

            Absent: Oversight Board Legal Counsel, Hilda Cantu-Montoy.

 

            City staff present: Ruth Shikada, Assistant City Manager; Karen Tiedemann, Successor Agency Legal Counsel, Goldfarb & Lipman, LLC; and Jose Jasso, Successor Agency Clerk.

 

            MOTION was made by Tinsley, seconded and unanimously carried (Cauble and Maduli Abstained), that the Minutes for the regular meeting of April 21, 2017 be adopted.

 

            MOTION was made by Madli, seconded and unanimously carried, that the Meeting Dates for the remainder of 2017 through July 2018 be approved as follows:

July 21, 2017            January 19, 2018

August 18, 2017       February 16, 2018

September 15, 2017  March 16, 2018

October 20, 2017      April 20, 2018

November 17, 2017  June 15, 2018

December 15, 2017   July 20, 2018

 

The Oversight Board proceeded to consider the adoption of a Resolution approving the sale of 4949 Great America Parkway (“Santa Clara Hilton”), authorizing the Successor Agency to enter into a Purchase and Sale Agreement with Ontario Airport Hotel Corporation for a purchase price of $24,250,000 and minor amendments as may be necessary to accomplish the transfer (APN: 104-43-054). The Assistant City Manager provided a brief overview of the item. Greg Cioth, Eastdil Secured provided some brief comments.  Following a brief Board discussion, MOTION was made by Maduli, seconded [Cauble noted changes needed on Pages 1-4 of the Resolution] and unanimously carried with the noted changes, that the Board adopt Resolution No. 2017-02 (OVERSIGHT BOARD) entitled, “A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY FOR THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF SANTA CLARA APPROVING THE SALE OF 4949 GREAT AMERICA PARKWAY (SANTA CLARA HILTON”), AUTHORIZING THE SUCCESSOR AGENCY TO ENTER INTO A PURCHASE AND SALE AGREEMENT WITH ONTARIO AIRPORT HOTEL CORPORATION AND MINOR AMENDMENTS AS MAY BE NECESSARY TO ACCOMPLISH THE TRANSFER.

Chairman Gage thanked staff for all of their work. Member Williams inquired about adding a third member to the Long Range Property Management Plan Evaluation Team. The Assistant City Manager reported that Angela Kraetsch is the newest member representing the City.

 

6.

            There being no further business, the Oversight Board adjourned at 10:11 am. The next regular scheduled meeting is on July, 21, 2017, at 10:00 am in the City Hall Council Chambers.

                       

           

           

 

 APPROVE:  ________________________

Chairperson



 

ATTEST: ________________________

Clerk