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HomeMy WebLinkAboutRDA 0 AGENDA 02-17-04 CITY OF TUSTIN REGULAR MEETING OF THE COMMUNITY REDEVELOPMENT AGENCY MONDAY, FEBRUARY 17, 2004 COUNCIL CHAMBERS 300 CENTENNIAL WAY, TUSTIN Lou Bone, Chair Pro Tem Doug Davert, Agency Member Tracy Worley Hagen, Agency Member Jeffery Thomas, Agency Member William A. Huston, Executive Director Lois Jeffrey, City Attorney Pamela Stoker, Recording Secretary Tony Kawashima, Chair George Jeffries, City Treasurer CALL TO ORDER ROLL CALL PUBLIC INPUT - Refer to City Council Agenda Second Public Input REGULAR BUSINESS (Agenda Items 1 and 2) 1. APPROVAL OF MINUTES - REGULAR MEETING OF JANUARY 20,2004 Recommendation: Approve the Redevelopment Agency Minutes of January 20, 2004. 2. APPROVAL OF AFFORDABLE HOUSING ASSISTANCE AGREEMENT FOR THE REDEVELOPMENT OF PROPERTY LOCATED IN THE VICINITY OF WALNUT AVENUE AND NEWPORT AVENUE Recommendations: 2.a. Subject to non-substantive modifications as may be required by Agency Counsel, authorize the Executive Director, or his designee, to execute the Agreement between the Tustin Community Redevelopment Agency, and Olson Urban Housing, LLC., and authorize the Executive Director, or his designee, to execute related Promissory Notes, and Deeds of Trust for condominium housing development project proposed at 14522 Newport Avenue; and 2.b. Appropriate $969,960.00 for the proposed project out of the unappropriated balance in the Low and Moderate Income Housing Set-Aside Fund for the South Central Redevelopment Project. ADJOURNMENT - The next regular meeting of the Redevelopment Agency is scheduled for Monday, March 1, 2004, at 7:00 p.m. in the Council Chamber at 300 Centennial Way, Tustin. Community Redevelopment Agency Meeting Agenda February 17, 2004 Page 1 of 1