HomeMy WebLinkAboutRDA 00 AGENDA 06-01-92AGENDA
REGULAR MEE. OF THE TUSTIN COMMUNITY )EVELOPMENT AGENCY
JUNE 11 1992
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1. CALL TO ORDER
2. ROLL CALL
3. APPROVAL OF MINUTES - MAY 18, 1992 REGULAR MEETING
Recommendation: Approve the Redevelopment Agency Minutes of May 18,
1992.
4. APPROVAL OF DEMANDS
Recommendation: Approve Demands in the amount of $515,551.42.
5. LOAN AGREEMENT BETWEEN THE CITY OF TUSTIN AND THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY FOR THE SOUTH CENTRAL PROJECT AREA
Short term loans between the City and the Agency will assure the full
receipt of tax increment income to the Agency and maximize the
Agency's ability to meet its goals and objectives in the South Central
Project Area.'
Recommendation: Authorize the Mayor and the Chairperson of the
Redevelopment Agency to execute the Loan Agreement offering and
accepting a loan from the City to the Agency of an additional
$1,100,000 as recommended by the Finance Department.
6. OTHER BUSINESS
7. ADJOURNMENT
The next regular meeting of the Redevelopment Agency is scheduled for
Monday, June 15, 1992, at 7:00 p.m.
REDEVELOPMENT AGENCY AGENDA PAGE 1 JUNE 1, 1992