HomeMy WebLinkAboutRDA 00 AGENDA 08-15-05
CITY OF TUSTIN
REGULAR MEETING OF THE
COMMUNITY REDEVELOPMENT AGENCY
AUGUST 15, 2005
COUNCIL CHAMBER
300 CENTENNIAL WAY, TUSTIN
Doug Davert, Chair Pro Tem
Jerry Amante, Agency Member
Tracy Worley Hagen, Agency Member
Tony Kawashima, Agency Member
Lou Bone, Chair
William A. Huston, Executive Director
Lois Jeffrey, City Attorney
Pamela Stoker, Recording Secretary
George Jeffries, City Treasurer
CALL TO ORDER
PUBLIC INPUT - Refer to City Council Agenda Second Public Input
REGULAR BUSINESS
(Agenda Items 1 through 3)
1.
APPROVAL OF MINUTES - REGULAR MEETING OF AUGUST 1, 2005
Recommendation: Approve the Redevelopment Agency Minutes of August 1,
2005.
2.
WORKING CAPITAL LOAN AND ADMINISTRATIVE SERVICES AGREEMENT
BETWEEN THE CITY OF TUSTIN AND THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY
Recommendation:
1.
Extend the existing loan of $3,000,000 to the South Central Project Area
until August 31,2006.
2.
Increase the existing loan to the MCAS Tustin Project Area to $5,000,000 to
be repaid August 31, 2006.
3.
Authorize the Mayor and the Chairperson of the Agency to execute the
attached agreement for 2005-2006, offering and accepting a loan and
various services from the City to the Agency totaling approximately
$8,500,000 for fiscal year 2005-2006.
Community Redevelopment Agency Meeting
Agenda
August 15, 2005
Page 1 of 2
3.
APPROVAL OF AMENDMENT NO.1 TO THE AFFORDABLE HOUSING
ASSISTANCE AGREEMENT FOR THE REDEVELOPMENT OF PROPERTY
LOCATED AT 16506 NEWPORT AVENUE
Recommendation: Approve Amendment No.1 to the Affordable Housing
Assistance Agreement between the Tustin Community Redevelopment Agency
and Olson Urban Housing LLC for redevelopment of the property located at 16506
Newport Avenue.
ADJOURNMENT - The next regular meeting of the Redevelopment Agency is scheduled
for Tuesday, September 6, 2005, at 7:00 p.m. in the Council Chamber, 300 Centennial
Way, Tustin.
Community Redevelopment Agency Meeting
Agenda
August 15, 2005
Page 2 of 2