HomeMy WebLinkAboutRDA 00 AGENDA 05-19-09CITY OF TUSTIN MAY 19, 2009
REGULAR MEETING OF THE COUNCIL CHAMBER
COMMUNITY REDEVELOPMENT AGENCY • 300 CENTENNIAL WAY, TUSTIN
Jerry Amante, Chair Pro Tem ~ , William A. Huston, Executive Director
Deborah Gavello, Agency member Douglas C. Holland, Legal Counsel
John Nielsen, Agency member Pamela Stoker, Recording Secretary
Jim Palmer, Agency member Doug Davert, Chair George Jeffries, City Treasurer
CALL TO ORDER -Meeting #743
ATTENDANCE
PUBLIC INPUT - Refer to City Council Agenda First Public Input
REGULAR BUSINESS ITEMS
(Agenda Items 1 and 2)
APPROVAL OF MINUTES -REGULAR MEETING OF MAY 5, 2009
Recommendation: Approve the Redevelopment Agency Minutes of May 5, 2009.
2. PARTICIPATION UNDER THE COUNTY OF ORANGE APPLICATION FOR
ALLOCATION OF 2009 MORTGAGE CREDIT CERTIFICATES
Approval is requested for the City of Tustin's participation in the Mortgage Credit
Certificate (MCC) Program administered by the County of Orange under the County's
application for a federal allocation of $20,507,852 for the 2009 MCC Program.
Recommendation: Redevelopment Agency to include $15,000 in the FY 2009-2010 RDA
Budget to cover administrative costs associated with the City's participation in the MCC
program. Given income limits for the MCC Program which are higher than permitted
under California Redevelopment Law for use of Housing Set Aside Funds, costs would
need to be allocated to the Agency's 80% tax increment accounts as follows: $5,000 to
52-600-6990; $5,000 to 55-600-6990, and; $5,000 to 58-600-6990.
ADJOURNMENT - Next regular meeting is scheduled for Tuesday, June 2, 2009 at 7:00 p.m.
in the Council Chamber, 300 Centennial Way, Tustin, California
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.