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HomeMy WebLinkAboutRS04-Redevelopment Agency l,. .AWLOPMENT AGENCY-"4uEST FOR ().,MMISSION/COUNCIL .AO(EON ~ From: Gl,enda Saul Subject: HOTEL/CONVENTION CENTER Dept: Redevelopment Agency Date: December 16. 1985 Synopsis of Previous Commission/Council action: 9-23-85 Agency Counsel was authorized to retain bankruptcy counsel to handle the English Bankruptcy matter. Recommended motion: ,Mayor and Common Counc i 1 : A. That the City of San Bernardino establish a policy not to license any use of the Convention Center until the entire bankruptcy issue involving English Enterprises, Inc., has been resolved, based upon advice of bankruptcy counsel. - B. That theuSu!,erintendent of PuBlic Buildings be instructed to commence general maintenance of the Convention Center. ~~ d/tl Signature FUNDING REQUIREMENTS: Amount: $ Phone: 383-5081 Ward: 1st Project: CC Date: December 16. 1985 Contact person: Supporting data attached: No adverse Impact on City: Council Notes: Ag~lIt1a ~tem NO.~S - ~ oJ CVELOPMENT AGENCY-QUEST FOR Q>MMISSlON/COUNCIL OION --~ STAFF REPORT A. William J. Simon, of the law firm of Simon and Simon, has been retained to represent the City and the Agency in the bankruptcy matter (reorganization in bankruptcy) of English Enterprises, Inc., which had a Disposition and Joint Development Agreement. with the Agency, and a Convention Center Operating Agreement with the City. Bankruptcy counsel met with the Hotel Ad Hoc Committee (Members Strickler, Quiel and Estrada) on December 13, 1985, and recommended that no use be made of the Convention Center until the entire bankruptcy matter has been cleared up. He indicated to the Committee that he believes the entire matter could be cleared up within ninety (90) days, at least insofar as City and Agency involvement is concerned, and expressed concerns about health and safety issues, among other things, if the Convention Center is used in the meantime. Mr. Simon asks that the matter be taken up in Closed Ses~ion if any member of the Council/Commission desires further information, since this involves pending litigation in which the City and Agency are actively involved. U.S. Bankruptcy Court Case No. SB85-03543 DN, In Re: English and English, Inc. Mr. Simon expects to be available to meet with the members during this' meeting. B. -.On. Decemlier 1~, 1985, tHe Hotel. Ad Hoc Committee,recOIIIIIIended that the Superintendent.. of Public ffuildings Be instructed to commence general maintenance of the Convention Center.