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CITY COUNCIL <br />CITY OF COLTON <br />AGENDA REPORT <br />For the City Council Meeting of June 20, 2000 <br />TO: Honorable Mayor and City Councilmem <br />APPROVAL: Henry Garcia, Executive Director, <br />FROM: Robb Steel, Redevelopment <br />SUBJECT: Consideration and Approval of a Resolution and a <br />Redevelopment Cooperation Loan Agreement by and between <br />the City of Colton and Redevelopment Agency for the City of <br />Colton. <br />DATE: May 24, 2000 <br />Background <br />On December 7, 1999 the Agency Board approved the recommendations of the Santa Ana <br />River Citizens Advisory Committee (the "SARCAC") for allocating all $2.4 million of <br />available bond proceeds on the following list of public improvement projects benefiting the <br />Santa Ana River Project Area. <br />1. <br />Improvements to Dauer Park <br />$ <br />160,000 <br />2. <br />Improvements to Cooley Park <br />$ <br />44,000 <br />3. <br />City Entrance Sign — Washington/Waterman <br />$ <br />3,900 <br />4. <br />Hunts Lane Street Lights <br />$ <br />17,000 <br />5. <br />Hunts Lane Landscape/Sidewalk <br />$ <br />39,000 <br />6. <br />Washington Street Median/Drainage <br />$ <br />980,000 <br />7. <br />Reche Canyon Widening/Sidewalk <br />$ <br />367,000 <br />8. <br />Landscape Improvements—SEC Wash/Barton <br />$ <br />20,000 <br />9. <br />Signal Modifications—Hunts/Steel Rd. <br />$ <br />73,200 <br />10. <br />Signal Modifications — Wash./Reche Cyn. <br />$ <br />73,200 <br />11. <br />Signal Modifications —Wash./ Hunts Lane <br />$ <br />73,200 <br />12. <br />New Signal — Hunts Lane & Cooley Lane <br />$ <br />146,400 <br />13. <br />Reche Canyon Realignment <br />$ <br />403,100 <br />Total Estimated Cost <br />$ <br />2,400,000 <br />Subsequent to approving this list of public improvement projects, the Agency Board received <br />official requests for financial assistance from two property owners located in the Santa Ana <br />River Project Area. These requests were from Dieterich Truck Sales for an expansion of their <br />facility on Steel Road and Taormina Industries for the construction of a Material Recovery <br />Facility. Following public consideration of the two projects, the Agency <br />Item #7 <br />