HomeMy WebLinkAboutRDA AGENDA 03-02-87 AGENDA OF A REGULAR I~ETING OF
THE TUSTIN REDEVELOPMENT AGENCY
MARCH 2, 1987
7:00 P.M.
This Agenda contains a brief general description of each item to be consid-
ered. Any person having a question concerning an item may call the City
Clerk's Office to make inquiry concerning the nature of same. Except as
otherwise provided by law, no action shall be taken on any item not appearing
in the following agenda.
1. CALL TO ORDER
2. ROLL CALL
APPROVAL OF MINUTES - FEBRUARY 17, 1987, ADJOURNED REGULAR FLEETING
Recommendation: Approve.
REFINANCING OF TAX ALLOCATION BUNDS
The Agency is requested to authorize staff, the City's financial advisor
and bond counsel to proceed with steps required to assess feasibility of
refinancing the $8.5 million bonds issued in 1982 to' finance projects
within the Town Center Project Ar~a. It is anticipated the Agency could
make a final decision within the next 60 days.
Recommendation: Authorize staff to proceed with the steps required to
refinance all or a portion of the Agency's outstanding tax allocation
bonds and issue additional bonds for public projects as recommended by
the Executive Director.
5. OTHER BUSINESS
ADJOURNMENT
To the next Regular Meeting on March 16, 1987, at 7:00 p.m.
REDEVELOPMENT AGENCY AGENDA Page i 3-2-87