Loading...
HomeMy WebLinkAboutRDA MINUTES 2007 05 01MINUTES OF THE REGULAR MEETING OF THE COMMUNITY REDEVELOPMENT AGENCY TUSTIN, CALIFORNIA MAY 1, 2007 CALL TOORDER - 7:58 P.M. ATTENDANCE Present: Chair Lou Bone; Chair Pro Tem Jerry Amante; and Agency Members Doug Davert, Tony Kawashima, and Jim Palmer Absent: None City Clerk: Pamela Stoker Others Present: William A. Huston, Executive Director and David Kendig, Assistant City Attorney PUBLIC INPUT- None REGULAR BUSINESS ITEMS 1. APPROVAL OFMINUTES -REGULAR MEETING OF APRIL 17, 2007 Motion: It was moved by Agency Member Davert, seconded by Chair Pro Tem Amante, to approve the Redevelopment Agency Minutes of April 17, 2001 as recommended by staff. Motion carried 5-0. 2. SALE OF RESTRICTED AFFORDABLE HOUSING UNIT: 14870 DANCY COURT I N TUSTI N GROVE Motion: It was moved by Agency Member Davert, seconded by Chair Pro Tem Amante, to: 2.a. Authorize the City Manager and/or Assistant City Manager to have the Agency exercise its Purchase Option at 14870 Dancy Courtin Tustin Grove and authorize the Agency staff to buy the unit directly from the seller based on the formula contained in the Purchase Option, including authorization to market, and resell the unit and impose new affordability restrictions on any new purchaser, as recommended by the City Attorney. The action includes authorization for the City Manager and/or Assistant City Manager to execute any necessary documents and to take all actions necessary including the execution of all related documents and instruments. Community Redevelopment Agency Meeting May 1, 2007 Minutes Page 1 of 2 2.b. Appropriate $280,000 from un-appropriated fund balances in the South Central Housing Set-Aside Fund for marketing and acquisition expenses. Motion carried 5-0. ADJOURNED - 7:59 P.M. -The next regular meeting is scheduled for Tuesda May 15, 2007 at 7:00 p.m. in the Council Chamber, 300 Centennial Way, Tustin, California LOU BONE, Mayor PAMELA STOKER , Recording Secretary Community Redevelopment Agency Meeting Minutes May 1, 2007 Page2of2