HomeMy WebLinkAboutRDA 1 RDA MINUTES 2009 05 19 06-02-09Agenda Item RDA 1
Reviewed:
City Manager
Finance Director N/A
MINUTES OF THE REGULAR MEETING OF THE
COMMUNITY REDEVELOPMENT AGENCY
TUSTIN, CALIFORNIA
MAY 19, 2009
CALLED TO ORDER MEETING #743 AT 8:19 P.M.
ATTENDANCE
Present: Chair Doug Davert; Chair Pro Tem Jerry Amante; Agency
Members Deborah Gavello and John Nielsen
Absent: Agency Member Jim Palmer
Recording Secretary: Pamela Stoker
Others Present: William A. Huston, Executive Director and Douglas C. Holland,
City Attorney
PUBLIC INPUT -None
REGULAR BUSINESS ITEMS
1. APPROVAL OF MINUTES -REGULAR MEETING OF MAY 5, 2009
Motion: It was moved by Mayor Pro Tem Amante, seconded by Councilmember
Nielsen to approve the Redevelopment Agency Minutes of May 5, 2009. Motion
carried 4-0 (Palmer Absent).
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.
Staff report presentation by Redevelopment Program Manager Jerry Craig
Motion: It was moved by Mayor Pro Tem Amante, seconded by Councilmember
Gavello 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
Community Redevelopment Agency Meeting May 19, 2009
Minutes Page 1 of 2
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.
Motion carried 4-0 (Palmer Absent).
ADJOURNED - 8:25 P.M. -Next regular meeting is scheduled for Tuesday, June 2,
2009 at 7:00 p.m. in the Council Chamber, 300 Centennial Way,
Tustin, California
Community Redevelopment Agency Meeting May 19, 2009
Minutes Page 2 of 2