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HomeMy WebLinkAboutRDA MINUTES 1977 05 02COOL, UNITY REDEVELOPMENT AGENCY May 2, 1977 1. Called to order by Chairman Sharp. 2. Ail members prejen~. 3. CAPITAL P R0G P~ Moved by Saltarelli, seconded by Welsh, that staff recom-. mendation to continue this matter until a .budgetgr_y~ rev.i~~ can be conducted as to whether or not we go to a bond issue. Carried. 4. CONSULTANT CONTRACT Moved by Saltarelli, seconded by Welsh, that ~hairm~n and Secretary be authorized to execute contract employ.i~g~ financial consultant. Report presented by Mr. Bopf. Council concurred that contract be amended to delete from'Paragraph 1 of 17-c, Page 8, "but in no event to ex- ceed ~ percent ( %) of the principal amount of such financing and "that said services be performed", and "that agency shall have no obliga, tion to consultant for payment for any portion of services which Agency might elect not to direct be performed" be deleted from 17-c, Par. 4. Motion carried. 3. SUGGESTED N~u2VLE FOR EL CAMINO REAL STUDY AREA Report received from Walt Fredriksen, Chairman, Citizens Advisory Committee. Mr. Tony Coco, Chairman, Area Naming Committee, presented report of contest and need for identification. Council discussed identification needs and lack of informa- tion as to contest, need for better communication and more structural organization. Counc~men Sharp, Saltarelli, and Welsh stated they were in favor of continuing this matter. Edgar and Schuster for taking under consideration at this meeting. Matter continued. 4. ADJOURNMENT Moved by Saltarelli, seconded.by Welsh, that meeting b~ adjourned. Carried. sECRETARY