HomeMy WebLinkAboutRDA 00 AGENDA 03-20-07
CITY OF TUSTIN MARCH 20, 2007
REGULAR MEETING OF THE COUNCIL CHAMBER
300 CENTENNIAL WAY, TUSTIN
COMMUNITY REDEVELOPMENT AGENCY
Jerry Amante, Chair Pro Tem William A. Huston, Executive Director
Doug Davert, Agency member Douglas C. Holland, Legal Counsel
Tony Kawashima, Agency member Pamela Stoker, Recording Secretary
Jim Palmer, Agency member Lou Bone, Chair George Jeffries, City Treasurer
CALL TO ORDER
PUBLIC INPUT – Refer to City Council Agenda First Public Input
REGULAR BUSINESS ITEMS
(Agenda Items 1 thru 3)
1. APPROVAL OF MINUTES - REGULAR MEETING OF MARCH 6, 2007
Recommendation: Approve the Redevelopment Agency Minutes of March 6,
2007.
2. AUTHORIZATION TO EXECUTE A LOAN AGREEMENT WITH TUSTIN
HERITAGE PLACE, L.P. IN THE AMOUNT OF $350,000 FOR THE 54 UNIT
SENIOR CITIZEN COMPLEX LOCATED AT 1101 SYCAMORE AVENUE
KNOWN AS HERITAGE PLACE
The Agency is requesting authorization for the execution of a loan agreement
between the Tustin Community Redevelopment Agency and Tustin Heritage
Place, L. P. in the amount of $350,000 for the 54 unit senior citizen complex
located at 1101 Sycamore Avenue known as Heritage Place.
Recommendations:
2.a. Authorize the execution by the Executive Director of a Loan Agreement
between the Agency and Tustin Heritage Place, L. P. in the amount of
$350,000, subject to approval of the City Attorney, and authorize staff to
take all actions necessary to implement the Agreement.
2.b. Appropriate funds in the amount of $350,000 from the low and moderate
income housing set-aside funds for the South Central Redevelopment
Project Area in the amount of $175,000 and $175,000 from the Town
Center Project Area.
Community Redevelopment Agency Meeting March 20, 2007
Agenda Page 1 of 2
RECESS TOJOINT SESSION BETWEEN THE
TUSTIN COMMUNITY REDEVELOPMENT AGENCY
AND THE CITY COUNCIL
3. BENEFIT RESOLUTIONS FOR USE OF MCAS TUSTIN REDEVELOPMENT
TAX INCREMENT FUNDS FOR A PORTION OF THE COSTS OF PHASE I
NEWPORT AVENUE EXTENSION/NORTHBOUND SR-55 RAMP
RECONFIGURATION/EDINGER AVENUE WIDENING PROJECT
IMPROVEMENTS
Agency and City Council consent is requested to allow the Tustin Community
Redevelopment Agency Executive Director to pay all or a part of the costs of
acquisition and construction of Phase I Newport Avenue Extension/Northbound
SR-55 Ramp Reconfiguration/Edinger Avenue Widening Project Improvements
out of MCAS Tustin Redevelopment Project tax increment.
Tustin Community Redevelopment Agency Action
Recommendation: Adopt resolution.
RDA RESOLUTION NO. 07-01 – A resolution of the Tustin Community
Redevelopment Agency making findings pursuant to Health and Safety
Code Section 33445 for acquisition of property and right-of-way
necessary to construct the Phase I Newport Avenue
Extension/Northbound SR-55 Ramp Reconfiguration/Edinger Avenue
Widening Project Improvements
City Council Action (Item 18)
Recommendation: Adopt resolution.
RESOLUTION NO. 07-30 – A resolution of the City Council of the City of
Tustin making findings pursuant to Health and Safety Code Section
33445 for acquisition of property and right-of- way necessary to construct
the Phase I Newport Avenue Extension/Northbound SR-55 Ramp
Reconfiguration/Edinger Avenue Widening Project Improvements
ADJOURNMENT – Next regular meeting is scheduled for Tuesday, April 3, 2007 at 7:00
p.m. in the Council Chamber, 300 Centennial Way, Tustin, California
Community Redevelopment Agency Meeting March 20, 2007
Agenda Page 2 of 2