JOINT MEETINGS WITH THE CITY COUNCIL:

           1.

            RA 5

            RA 60

            RA 42-1

            26,493

            R-2063

            26,494

             R-2064

REIMBURSEMENT TO THE REDEVELOPMENT AGENCY FROM CITY LAND SALE PROCEEDS � FIVE POINTS REALIGNMENT PROJECT:

Recommendation:

1.   Adoption of proposed City Council resolution entitled:

(4/5 vote required)

A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK APPROVING THE TERMS AND PROVISIONS OF A COOPERATION AGREEMENT BETWEEN THE CITY AND THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK RELATING TO THE FIVE POINTS REALIGNMENT PROJECT AND AMENDING THE FISCAL YEAR 2002-2003 ANNUAL BUDGET IN THE AMOUNT OF $1,366,775.

2.   Adoption of proposed Redevelopment Agency resolution entitled:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK APPROVING A COOPERATION AGREEMENT BETWEEN THE AGENCY AND THE CITY OF BURBANK RELATING TO THE FIVE POINTS REALIGNMENT PROJECT AND AMENDING THE FISCAL YEAR 2002-2003 ANNUAL BUDGET IN THE AMOUNT OF $1,366,775.

3.   Adoption of proposed City Council resolution entitled:

(4/5 vote required)

A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK APPROVING THE AGENCY PAYMENT OF CERTAIN PUBLIC IMPROVEMENTS TO BE OWNED AND OPERATED BY THE CITY AND AMENDING FISCAL YEAR 2002-2003 ANNUAL BUDGET IN THE AMOUNT OF $237,099.  (Phase II of Five Points Project).

4.   Adoption of proposed Redevelopment Agency resolution entitled:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK APPROVING THE AGENCY PAYMENT OF CERTAIN PUBLIC IMPROVEMENTS TO BE OWNED AND OPERATED BY THE CITY AND AMENDING FISCAL YEAR 2002-2003 ANNUAL BUDGET IN THE AMOUNT OF $237,099.  (Phase II of Five Points Project).

Adopted

5-0

Adopted

5-0

Adopted

5-0

Adopted

5-0

            2.

            RA 40

            26,495

            R-2065

PROPERTY-BASED BUSINESS IMPROVEMENT DISTRICT (PBID) � DOWNTOWN BURBANK:

Recommendation:

It is recommended that the Council and Agency take the following actions:

1.   By motion, authorize the City Manager and Executive Director to sign the proposed petition on behalf of the City and Redevelopment Agency.

2.   Direct the preparation of agreements for the Agency to pay the annual assessments on behalf of the City and School District.

3.   Adoption of proposed City Council resolution entitled:

A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK TO FORM A BUSINESS IMPROVEMENT DISTRICT PURSUANT TO THE PROPERTY AND BUSINESS IMPROVEMENT DISTRICT LAW OF 1994.

4.   Adoption of proposed Redevelopment Agency resolution entitled:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK AUTHORIZING THE EXECUTIVE DIRECTOR TO VOTE IN FAVOR OF A BUSINESS IMPROVEMENT DISTRICT PURSUANT TO THE PROPERTY AND BUSINESS IMPROVEMENT DISTRICT LAW OF 1994.

As recommended

5-0

 As recommended

5-0

Adopted

5-0

Adopted

5-0

            CONSENT CALENDAR:  (Item 3)

            3.

MINUTES:

Approval of minutes for the regular meeting of March 18, 2003.

Approved as submitted