6:30 P.M. JOINT PUBLIC HEARING WITH THE CITY COUNCIL:

           1.

            RA 50

            RA 90

            R-2066

            26,500

            26,501

             R-2067

ACQUISITION OF 10 WEST MAGNOLIA BOULEVARD � AMERICOLD CORPORATION PROPERTY JONATHAN C. DAIKER:

Recommendation:

Adoption of proposed Redevelopment Agency resolution entitled:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK APPROVING THE EXECUTION OF A LOAN AGREEMENT WITH THE CITY OF BURBANK AND AN AMENDMENT OF FY 2002-2003 AGENCY BUDGET REFLECTING A TRANSFER OF $679,732.50 TO THE CITY.  (GOLDEN STATE PROJECT AREA)

Adoption of proposed  City Council resolutions entitled:

1.  (4/5 vote required)

A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK APPROVING AND AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT WITH THE REDEVELOPMENT AGENCY GOLDEN STATE PROJECT AREA AND AN AMENDEMENT OF FY 2002-2003 CITY BUDGET REFLECTING A TRANSFER OF $679,732.50 TO THE CITY.  (GOLDEN STATE PROJECT AREA)

2.  (4/5 vote required)

A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK AND AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT WITH THE REDEVELOPMENT AGENCY AND AN AMENDMENT OF FY 2002-2003 CITY BUDGET REFLECTING A TRANSFER OF $679,732.50.  (SOUTH SAN FERNANDO PROJECT AREA)

Adoption of proposed  Redevelopment Agency resolution entitled:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK APPROVING THE EXECUTION OF A LOAN AGREEMENT WITH THE CITY AND AMENDMENT OF FY 2002-2003 AGENCY BUDGET REFLECTING A TRANSFER OF $679,732.50 (SOUTH SAN FERNANDO PROJECT AREA

Adopted

5-0

Adopted

5-0

Adopted

5-0

Adopted

5-0

            26,502

             R-2068

Adoption of proposed City Council resolution entitled:

(4/5 vote required)

A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK APPROVING AN ACQUISITION AGREEMENT AMONG THE CITY, AGENCY AND AMERICOLD CORPORATION FOR THE ACQUISITION OF 10 WEST MAGNOLIA BOULEVARD; APPROVING THE PAYMENT OF THE COST OF LAND FOR PUBLIC IMPROVEMENTS TO BE OWNED AND OPERATED BY THE CITY; APPROVING A COOPERATION AGREEMENT BETWEEN THE AGENCY AND CITY RELATING TO THE OWNERSHIP OF 10 WEST MAGNOLIA; APPROVING A LEASE AGREEMENT AMONT THE AGENCY, CITY AND SCPPA; AND APPROVING AN AMENDMENT OF FY 2002-2003 BUDGET TO RECEIVE $679,732.50 FROM GOLDEN STATE PROJECT AREA.

Adoption of proposed  Redevelopment Agency resolution entitled:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK APPROVING AN ACQUISITION AGREEMENT AMONT THE CITY, AGENCY AND AMERICOLD CORPORATION FOR THE ACQUISITION OF 10 WEST MAGNOLIA BOULEVARD; APPROVING THE PAYMENT OF THE COST OF LAND FOR PUBLIC IMPROVEMENTS TO BE OWNED AND OPERATED BY THE CITY; APPROVING A COOPERATION AGREEMENT BETWEEN THE AGENCY AND CITY RELATING TO THE OWNERSHIP OF 10 WEST MAGNOLIA; APPROVING A LEASE AGREEMENT AMONG THE AGENCY, CITY AND SCPPA; AND APPROVING AN AMENDMENT TO FY 2002-2003 BUDGET TO TRANSFER $679,732.50 FROM GOLDEN STATE PROJECT AREA TO THE CITY.

Adopted

5-0

Adopted

5-0

           JOINT MEETING WITH THE CITY COUNCIL, HOUSING

            AUTHORITY, PARKING AUTHORITY AND YOUTH ENDOWMENT

            SERVICES FUND BOARD:

            2.

            RA 42-1

2         

             26,503

2           26,504

             26,505

2           26,506

R           R -2069

H-181

              H-181

ADOPTION OF FISCAL YEAR 2002-04 ANNUAL BUDGET, CITYWIDE FEE SCHEDULE AND APPROPRIATIONS LIMIT:

Recommendation:

Adoption of proposed City Council resolutions entitled:

1.  (4/5 vote required)

A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2003-2004, PROVIDING FOR THE TRANSFER OF REVENUE FROM THE BURBANK WATER & POWER DEPARTMENT TO THE GENERAL FUND, AND MAKING APPROPRIATIONS FOR AMOUNTS BUDGETED.

2.  (4/5 vote required)

A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK DETERMINING AND ESTABLISHING THE CITY�S APPROPRIATIONS LIMIT FOR FISCAL YEAR 2003-2004.

3.  (4/5 vote required)

A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK AMENDING THE BUDGET FOR FISCAL YEAR 2002-2003 PROVIDING FOR THE PURPOSE OF MAKING APPROPRIATIONS FOR AMOUNTS DELINEATED.

4.  A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK ADOPTING THE BURBANK FEE RESOLUTION.

Adoption of proposed Redevelopment Agency resolution entitled:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2003-2004.

Adoption of proposed Housing Authority resolution entitled:

A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2003-2004.

Adopted

5-0

Adopted

5-0

Adopted

5-0

Adopted

5-0

Adopted

5-0

Adopted

5-0

              P-60

P-60

               Y-33

Adoption of proposed Parking Authority resolution entitled:

A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2003-2004.

Adoption of proposed Youth Endowment Services Fund Board resolution entitled:

A RESOLUTION OF THE YOUTH ENDOWMENT SERVICES FUND OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2003-2004.

Adopted

5-0

Adopted

5-0

           CONSENT CALENDAR:  (Items 3 and 4)

3         3.

MINUTES:

Approval of minutes for the regular meetings of March 25 and April, 2003.

Approved as submitted.

5-0

           4.

           RA 50

R        R -2070

APPOINTMENT OF FINANCING TEAM � GOLDEN STATE REDEVELOPMENT PROJECT AREA:

Recommendation:

Adoption of proposed resolution entitled:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK AUTHORIZING THE COMMENCEMENT OF PROCEEDINGS IN CONNECTION WITH THE REMARKETING OF THE OUTSTANDING 1993 GOLDEN STATE REDEVELOPMENT PROJECT SUBORDINATE LIEN TAXABLE TAX ALLOCATION BONDS AND THE PURCHASE IN-LIEU OF REDEMPTION OF A PORTION OF THE OUTSTANDING 1993 GOLDEN STATE REDEVELOPMENT PROJECT SENIOR LIEN TAX ALLOCATION BONDS AND RETAINING AN UNDERWRITER, A FINANCIAL ADVISORY, A BOND COUNSEL AND A DISCLOSURE COUNSEL.

Adopted

5-0