HomeMy WebLinkAboutRDA 1 MINUTES 03-01-04
Agenda Item RDA 1
Reviewed: . . ~
MINUTES OF THE REGULAR MEETING City Manager ~
OF THE COMMUNITY REDEVELOPMENT AGENCY Finance Director N/A
TUSTIN, CALIFORNIA
FEBRUARY 17, 2004
CALL TO ORDER - 8:04 p.m.
ATTENDANCE
Present:
Chair Tony Kawashima, Chair Pro Tem Lou Bone, Agency
Members Tracy Worley Hagen, Doug Davert, and Jeffery M.
Thomas
Absent: None
Recording Secretary Pamela Stoker
Others Present: William A. Huston, Executive Director and Lois Jeffrey, City
Attorney
PUBLIC INPUT - None
BUSINESS CALENDAR
It was moved by Agency Member Hagen, seconded by Agency Member Thomas, to
approve items 1 and 2 as recommended by staff. Motion carried 5-0.
1.
APPROVAL OF MINUTES - REGULAR MEETING OF FEBRUARY 2,2004
Motion: Approve the Redevelopment Agency Minutes of February, 2004.
2.
APPROVAL OF AFFORDABLE HOUSING ASSISTANCE AGREEMENT FOR
THE REDEVELOPMENT OF PROPERTY LOCATED IN THE VICINITY OF
WALNUT AVENUE AND NEWPORT AVENUE
Motion
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
Community Redevelopment Agency Meeting
Minutes
February 17, 2004
Page 1 of 2
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 - 8:05 p.m. - The next regular meeting of the Redevelopment Agency
was scheduled for Monday, March 1, 2004, at 7:00 p.m. in the Council Chamber at 300
Centennial Way, Tustin. .
TONY KAWASHIMA,
Chair
PAMELA STOKER,
Recording Secretary
Community Redevelopment Agency Meeting
Minutes
February 17, 2004
Page 2 of 2