HomeMy WebLinkAboutRDA 00 AGENDA 08-07-06
CITY OF TUSTIN
REGULAR MEETING OF THE
COMMUNITY REDEVELOPMENT AGENCY
AUGUST 7, 2006
COUNCIL CHAMBER
300 CENTENNIAL WAY, TUSTIN
Tracy Worley Hagen, Chair Pro Tem
Jerry Amante, Agency Member
Lou Bone Agency Member
Tony Kawashima, Agency Member
William A. Huston, Executive Director
Douglas C. Holland, City Attorney
Pamela Stoker, Recording Secretary
Doug Davert, Chair George Jeffries, City Treasurer
CALL TO ORDER
PUBLIC INPUT - Refer to City Council Agenda Second Public Input
CONSENT CALENDAR
(Agenda Items 1 and 2)
1. APPROVAL OF MINUTES - REGULAR MEETING OF JULY 17, 2006
Recommendation: Approve the Redevelopment Agency Minutes of July 17, 2006.
2. WORKING CAPITAL LOAN AND ADMINISTRATIVE SERVICES AGREEMENT
BETWEEN THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY AND
THE CITY OF TUSTIN
The approval of this loan and administrative services agreement between the Tustin
Community Redevelopment Agency and the City of Tustin will comply with Section
33675 of the California Health and Safety Code regarding the allocation and payment of
tax increment to Redevelopment Agencies, and provide the resources necessary to
carry out the adopted programs in the Agency's three project areas.
Recommendations:
2.a. Extend the existing loan of $3,000,000 to the South Central Project Area
until August 31, 2007;
2.b. Extend the existing loan to the MCAS Tustin Project Area of $5,000,000
to August 31, 2007; and
2.c. Authorize the Chairperson of the Agency and the Mayor to execute the
attached agreement for 2006-2007, offering and accepting a loan and
various services from the City to the Agency totaling approximately
$8,684,000 for fiscal year 2006-2007.
Community Redevelopment Agency Meeting
Agenda
August?, 2006
Page 1 of 2
REGULAR BUSINESS
(Agenda Item 3)
3. REQUEST TO PURCHASE CITY-OWNED PROPERTY AT 450 EL CAMINO
REAL
The City has received a request from Dave Radan to purchase city owned
property at 450 EI Camino Real
Recommendation: Pleasure of the Agency members.
ADJOURNMENT - The next regular meeting of the Redevelopment Agency is scheduled
for Tuesday, September 5, 2006, at 7:00 p.m. in the Council Chamber, 300 Centennial
Way, Tustin.
Community Redevelopment Agency Meeting
Agenda
August?, 2006
Page 2 of 2