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HomeMy WebLinkAboutRDA 01 MINUTES 09-05-06MINUTES OF THE REGULAR MEETING OF THE COMMUNITY REDEVELOPMENT AGENCY TUSTIN, CALIFORNIA AUGUST 7, 2006 CALL TO ORDER 7:52 p.m. ATTENDANCE Present: Chair Doug Davert; Chair Pro Tem Tracy Worley Hagen; Agency Members Jerry Amante, Lou Bone, and Tony Kawashima Absent: None Recording Secretary: Pamela Stoker WOthers Present: illiam A. Huston, Executive Director and Douglas C. Holland, City Attorney PUBLIC INPUT - None CONSENT CALENDAR - It was moved by Agency Member Bone, seconded by Agency Member Amante, to approve the Redevelopment Agency Items 1 and 2 as recommended by staff. Motion carried 5-0. 1. APPROVAL OF MINUTES - REGULAR MEETING OF JULY 17, 2006 Motion: 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. Motion: 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 Community Redevelopment Agency Meeting Minutes August 7,2006 Page 1 of 2 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. REGULAR BUSINESS 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 Motion: It was moved by Agency Member Bone, seconded by Chair Pro Tern Hagen, to deny request by Mr. Radan. Motion carried 5-0. ADJOURNMENT - 7:54 P.M. - 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 Minutes August 7, 2006 Page 2 of 2