HomeMy WebLinkAboutRDA 01 RDA MINUTES 2008 09 02 09-16-08MINUTES OF THE REGULAR MEETING OF THE
COMMUNITY REDEVELOPMENT AGENCY
TUSTIN, CALIFORNIA
SEPTEMBER 2, 2008
CALL TO ORDER MEETING #727 AT 7:56 p.m.
ATTENDANCE
Present: Chair Jerry Amante; Chair Pro Tem Doug Davert; Agency
Members Lou Bone, Tony Kawashima, and Jim Palmer
Absent: None
Recording Secretary: Pamela Stoker, City Clerk
Others Present: William A. Huston, Executive Director and Douglas C. Holland,
City Attorney
PUBLIC INPUT -None
REGULAR BUSINESS ITEMS - It was moved by Chair Pro Tem Davert, seconded by
Agency Member Bone, to approve Agenda Items 1 and 2 as recommended by staff. Motion
carried 5-0.
1. APPROVAL OF MINUTES -REGULAR MEETING OF AUGUST 5, 2008
Motion: Approve the Redevelopment Agency Minutes of August 5, 2008.
2. WORKING CAPITAL LOAN AND ADMINISTRATIVE SERVICES
AGREEMENT BETWEEN THE CITY OF TUSTIN AND THE TUSTIN
COMMUNITY REDEVELOPMENT AGENCY
The approval of this loan and administrative services agreement between the
City of Tustin and the Tustin Community Redevelopment Agency will comply
with Section 33675 of the California Health and Safety Code regarding the
allocation and payment of tax increment to Redevelopment Agencies, and
provide the resources necessary to carry out the Agency's programs.
NOTE: As required by Senate Bill 343, any non-confidential writings or documents
provided to a majority of the Community Redevelopment Agency members
regarding any item on this agenda will be made available for public inspection in
the City Clerk's office located at 300 Centennial Way, Tustin, CA during normal
business hours.
Motion:
2.a. Approve Working Capital loan of $4,650,000 to the South Central
Project Area through August 31, 2009.
2.b. Authorize the Mayor and the Chairperson of the Agency to execute the
attached agreement for 2008-2009, offering and accepting a loan and
various services from the City to the Agency totaling $5,725,000 for
fiscal year 2008-2009.
ADJOURNED - 7:56 P.M. - Next regular meeting is scheduled for Tuesday,
September 16, 2008 at 7:00 p.m. in the Council Chamber, 300
Centennial Way, Tustin, California
Community Redevelopment Agency Meeting September 2, 2008
Minutes Page 2 of 2