03-23-1993 CC MINUTES - Laserfiche WebLink

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CITY OF RIVEk_ ,'DE Minutes of Date of Meeting: Time of Meeting: Place of Meeting: Regular Meeting of the City Council March 23, 1993 2 P.M. Council Chamber, City Hall Roll Call: Mayor Frizzel called the meeting to order at 3:10 p.m. RECESS FOR PARKING AUTHORITY, INDUSTRIAL DEVELOPMENT AUTHORITY AND ECONOMIC DEVELOPMENT AUTHORITY The City Council recessed for the purpose of sitting as the Parking Authority, the Industrial Development Authority and the Economic Development Authority. There being no business to be conducted, the meetings were ad- journed; and the body reconvened as the City Council of the City of Riverside. PUBLIC HEARINGS BEFORE THE CITY COUNCIL AT 3 P.M. JOINT PUBLIC HEARING WITH REDEVELOPMENT AGENCY - OWNER PARTICI- PATION AGREEMENT - SMITH'S FOOD AND DRUG CENTERS, INC. - 1500 EASTRIDGE - RESOLUTION 3 P.M.--Joint hearing of the City Council and the Redevelopment Agency was called to consider an Owner Participation Agreement between Smith's Food and Drug Centers, Inc., and the Redevel- opment Agency of the City of Riverside involving the construc- tion of a 1,000,000-square-foot distribution center consisting of dry goods and perishable food warehouses, milk processing plant, vehicle maintenance facility, truck wash and fuel sta- tion, waste water treatment facility and related improvements on 80 acres of land located within a portion of the Sycamore Canyon Project Area at 1500 Eastridge Avenue within the Syca- more Canyon Business Park, generally situated at the westerly terminus of Eastridge Avenue westerly of Sycamore Canyon Boule- vard. A written report was presented from the City Manager, the Executive Director of the Redevelopment Agency and Project Manager Nuby, concurred in by the Finance Director, recommend- ing that the City Council adopt the appropriate resolution au- thorizing the Redevelopment Agency to enter into the proposed Owner Participation Agreement with Smith's Food and Drug Cen- ters, Inc. The Executive Director of the Redevelopment Agency answered questions from the Mayor and City Council. One person was present to speak in opposition to the matter. No written protests were presented. Following discussion, the hearing was officially closed. The City Council approved the staff recom- mendation as presented; and Resolution No. 18196 of the City Council of the City of Riverside, California, Approving Off- Site Improvements to Real Property Pursuant to That Certain Owner Participation Agreement by and Between the Redevelopment Agency of the City of Riverside and Smith's Food and Drug Cen- ters, Incorporated, was presented; and the title having been read, and further reading waived by the unanimous consent of Councilmembers present, was adopted. WARDS Present Motion Second All Ayes LCDTCTP OLEALHE VAFVZOA EREAFNR RKNGFP$ iEBLOSO D AIRON G UODN E GN HE 1234567 AAAAAAA X X X XXXX X X