HomeMy WebLinkAboutRDA 00 RDA AGENDA 10-06-09CITY OF TUSTIN
REGULAR MEETING OF THE
COMMUNITY REDEVELOPMENT AGENCY
Jerry Amante, Chair Pro Tem
Deborah Gavello, Agency member
John Nielsen, Agency member
Jim Palmer, Agency member
Doug Davert, Chair
OCTOBER 6, 2009
COUNCIL CHAMBER
300 CENTENNIAL WAY, TUSTIN
William A. Huston, Executive Director
Douglas C. Holland, Legal Counsel
Pamela Stoker, Recording Secretary
George Jeffries, City Treasurer
CALL TO ORDER -Meeting #751
ATTENDANCE
PUBLIC INPUT - Refer to City Council Agenda First Public Input
REGULAR BUSINESS ITEM
(Agenda Items 1 through 3)
1. APPROVAL OF MINUTES -REGULAR MEETING OF SEPTEMBER 15, 2009
Recommendation: Approve the Redevelopment Agency Action Minutes of
September 15, 2009.
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
Recommendation:
1. Approve Working Capital loan of $4,650,000 to the South Central Project
Area through August 31, 2010.
2. Authorize the Mayor and the Chairperson of the Agency to execute the
attached agreement for 2009-2010, offering and accepting a loan and various
services from the City to the Agency totaling $5,725,000 for fiscal year 2009-
2010.
NOTE: As required by Senate Bill 343, any non-con~dentia/ 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.
3. STATUS REPORT ON REDEVELOPMENT AGENCY PROJECTS
Redevelopment Agency staff provides on a monthly basis an update of
redevelopment related projects.
Recommendation: Receive and File.
ADJOURNMENT - Next regular meeting is scheduled for Tuesday, October 20, 2009 at
7:00 p.m. in the Council Chamber, 300 Centennial Way, Tustin,
California
Community Redevelopment Agency Meeting October 6, 2009
Agenda Page 2 of 2