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Minutes City
Council Chambers |
MINUTES City of Modesto Tuesday, January 27, 2009 at 5:30 p.m. Roll Call – Present: Agency Members Hawn, Keating, Lopez, Marsh, Olsen, Chairperson Ridenour Absent: O'Bryant CONSENT ITEMS - ROLL CALL VOTE REQUIRED: Item A CONSENT ITEMS An item may be removed from consent and discussed at the request of an audience member or Agency Member. Consent ACTION: Motion (Hawn/Marsh;unan O'Bryant absent) approving the minutes of the special Redevelopment Agency meeting of January 6, 2009. Recess at 7:50 p.m. NEW BUSINESS B. Consider approving a Purchase and Sale Agreement, along with several companion documents, to complete the purchase of three parcels from the FMC Corporation. (Funding Source: Modesto Redevelopment Agency CIP)
Community & Economic Development; Linda Boston, 571-5179, lboston@modestogov.com ACTION: Resolution No. 03 -2009 (Marsh/Hawn;unan O’Bryant absent) approving the Agreement between the Modesto Redevelopment Agency and the State of California Department of Toxic Substances Control pursuant to the California Land Reuse and Revitalization Act of 2004 regarding the project site located at 1200 Graphics Drive and authorizing the Executive Director to execute said Agreement and any related documents. ACTION: Resolution No. 04-2009 (Marsh/Hawn;unan O’Bryant absent) approving the Purchase and Sale Agreement and the Right of Entry Agreement between the Modesto Redevelopment Agency and the FMC Corporation regarding the acquisition of three properties located at 1200 Graphics Drive (APN: 029-013013; 029-013012; 029-014010), authorizing the Executive Director to execute said Agreement and any related documents and finding the acquisition in conformance with the Final Program Environmental Impact Report for the Modesto Redevelopment Project Area Master Plan (SCH #2006071118) ACTION: Resolution No. 05-2009 (Marsh/Hawn;unan O’Bryant absent) amending the Fiscal Year 2008-2009 Redevelopment Agency Capital Improvement Program Budget for the purpose of completing the acquisition of three (3) parcels located at 1200 Graphics Drive to be acquired from the FMC Corporation (APN: 029-013012; 029-013013; 029-014010). ACTION: Motion (Marsh/Hawn;unan O’Bryant absent) approving the purchase of Pollution Legal Liability environmental insurance per Integro Insurance Brokers from Chubb Environmental Insurance Company in the total coverage amount of $50,000,000 with a term of 10 years - One-time premium cost: $500,000. C. Consider entering into a Memorandum of Understanding with TT Modesto, LLC to develop a business park in a vacant property north of Kansas Avenue and east of Highway 99. (Funding Source: Not Applicable)
Community & Economic Development; Linda Boston, 571-5179, lboston@modestogov.com ACTION: Resolution No. 06-2009 (Olsen/Lopez;unan O’Bryant absent) approving a Memorandum of Understanding MOU) between the Modesto Redevelopment Agency and TT Modesto, LLC for the proposed business park development on three (3) parcels located at 1200 Graphics Drive and authorizing the Executive Director to execute the MOU and authorize a multi-year operating organization. MATTERS TOO LATE FOR THE AGENDA None. ADJOURNMENT This meeting adjourned at 8:54 p.m.
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P.O. Box 642, Modesto, CA 95353