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HomeMy WebLinkAboutRDA 1 RDA MINUTES 2009 10 06 10-20-09MINUTES OF THE REGULAR MEETING OF THE COMMUNITY REDEVELOPMENT AGENCY TUSTIN, CALIFORNIA OCTOBER 6, 2009 CALLED TO ORDER MEETING #751 AT 7:31 P.M. ATTENDANCE Present: Absent: Recording Secretary: Others Present: PUBLIC INPUT -None BUSINESS ITEMS Agenda Item RDA 1 Reviewed: City Manager Finance Director N/A Chair Doug Davert; Chair Pro Tem Jerry Amante; Agency Member John Nielsen, Agency Members Deborah Gavello, and Jim Palmer Pamela Stoker William A. Huston, Executive Director and Douglas C. Holland, City Attorney 1. APPROVAL OF MINUTES -REGULAR MEETING OF SEPTEMBER 15, 2009 Motion: A motion was made by Chair Pro Tem Amante, seconded by Agency Member Nielsen, to approve the Redevelopment Agency Action Minutes of September 15, 2009. Motion carried 3-0 (Gavello and Palmer absent) 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 Motion: A motion was made by Chair Pro Tem Amante ,seconded by Agency Member Nielsen, to: 1. Approve Working Capital loan of $4,650,000 to the South Central Project Area through August 31, 2010. 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. 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. Motion carried 3-0 (Gavello and Palmer absent) 3. STATUS REPORT ON REDEVELOPMENT AGENCY PROJECTS Redevelopment Agency staff provides on a monthly basis an update of redevelopment related projects. Motion: A motion was made by Chair Pro Tem Amante, seconded by Agency Member Nielsen , to receive and file the report. Motion carried 3-0 (Gavello and Palmer absent) ADJOURNMENT - 7:32 P.M. 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 Minutes Page 2 of 2