HomeMy WebLinkAboutRDA MINUTES 2005 08 15
MINUTES OF THE REGULAR MEETING OF THE
COMMUNITY REDEVELOPMENT AGENCY
TUSTIN, CALIFORNIA
AUGUST 15, 2005
CALL TO ORDER
7:31 p.m.
ATTENDANCE
Present:
Chair Lou Bone, Chair Pro Tern Doug Davert, Agency Members
Jerry Amante and Tony Kawashima
Agency Member Tracy Worley Hagen
Pamela Stoker
William A. Huston, Executive Director and Lois Jeffrey, City
Attorney
Absent:
Recording Secretary:
Others Present:
PUBLIC INPUT - None
REGULAR BUSINESS - It was moved by Mayor Pro Tern Davert, seconded by
Councilmember Amante, to approve Regular Business Items 1 through 3 as
recommended by staff. Motion carried 4-0 (Hagen absent).
1.
APPROVAL OF MINUTES - REGULAR MEETING OF AUGUST 1,2005
Motion: 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
Motion:
2.a.
Extend the existing loan of $3,000,000 to the South Central Project Area
until August 31, 2006.
2.b.
Increase the existing loan to the MCAS Tustin Project Area to $5,000,000 to
be repaid August 31,2006.
2.c.
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
Minutes
August 15, 2005
Page 1012
3.
APPROVAL OF AMENDMENT NO.1 TO THE AFFORDABLE HOUSING
ASSISTANCE AGREEMENT FOR THE REDEVELOPMENT OF PROPERTY
LOCATED AT 16506 NEWPORT AVENUE
Motion: 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 - 7:32 p.m. - The next regular meeting of the Redevelopment Agency
was scheduled for Tuesday, September 6, 2005, at 7:00 p.m. in the Council Chamber, 300
Centennial Way, Tustin.
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LOU BONE,
Chair
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P ELA STOKER, .
Recording Secretary
Community Redeveiopment Agency Meeting
Minutes
August 15, 2005
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