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09/04/1980J CITY OF GRAND TERRACE COUNCIL MINUTES SPECIAL MEETING - SEPTEMBER 4, 1980 A Special Meeting of the City Council of the City of Grand Terrace was called to order at 12354 Mt. Vernon, First Baptist Church of Grand Terrace, Grand Terrace, California, at 3:06 p.m. on September 4, 1980. PRESENT: Thomas A. Tillinghast, Mayor Hugh J. Grant, Mayor Pro Tempore Tony Petta, Councilman Roy W. Nix, Councilman (arrived at 3:20 p.m.) Jim Rigley, Councilman Ed Clark, Finance/Administrative Services Officer Myrna Lindahl, City Clerk ABSENT'.- Seth Armstead, City Manager Ivan Hopkins, City Attorney Joe Kicak, City Engineer Page one - 9/4/80 PROPOSAL FOR REVISION TO REDEVELOPMENT PLAN Mr. Gale Carr, Gale Carr & Associates, briefed Council regarding the need and benefits of redevelopment for the City. He stated surveys had been conducted throughout the City to determine the need and to identify projects which could be accomplished through the redevelopment process, and presented reports to Council showing the results of the surveys. Some of the projects identified for which there is insufficient funding are a civic center, a fire station, park development, flood control, beautification of Barton Road• and Mt. Vernon, and reconstruction of streets, curbs, gutters, and sidewalks. Approximate cost for the identified projects thus far is $15,000,000.00. The redevelopment process improves the possibility of obtaining state and federal grants. Mr. Carr described certain types of programs which could be designed to meet community needs, such as interest -free loans to senior citizens, and making three to six percent interest loans available to present homeowners for rehabilitation or to refinance the entire loan at a lower interest rate. In discussion, Council questioned the process by which the Community Redevelopment Agency acquires the funds. Mr. Carr explained the tax increment process, and indicated the City would acquire $20,000,000.00 to $35,000,000.00 in tax increment over a thirty year period. Mr. Carr also stated the preliminary surveys have established blight, so the Agency will be in a favorable position when negotiations are conducted with the San Bernardino Fiscal Review Committee regarding tax increment. ADJOURN The Special Meeting of the City Council was adjourned at 3:55 p.m. A Public Work Session will be held September 4, 1980 at 4:00 p.m. at the First Baptist Church of Grand Terrace, 12354 Mt. Vernon, Grand Terrace, California, followed by the regular meeting at 6:00 p.m. Respectfully submitted, City CXkrk APPROVED: Page two - 9/4/80