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12/20/2004
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SUCCESOR AGENCY(formerly Community Redevelopment Agency)
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12/20/2004
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3/7/2005 8:57:05 AM
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<br />7. <br /> <br />Motion: <br /> <br />8. <br /> <br />JOINT SESSION CRAlCOUNCIL <br /> <br />VOTE: <br /> <br />AYES: <br /> <br />Alvarez, Bist, Bustamante, Christy, Garcia, <br />Solorio (6) <br /> <br />NOES: <br /> <br />None (0) <br /> <br />ABSTAIN: <br /> <br />Pulido (1) <br /> <br />ABSENT: None (0) <br />LOAN AGREEMENTS WITH ORANGE HOUSING DEVELOPMENT <br />CORPORATION AND AUTHORIZATION OF RELOCATION PLAN <br /> <br />1. Direct the Agency General Counsel to prepare loan agreements <br />with Orange Housing Development Corporation for the <br />acquisition and rehabilitation of four multi-family properties <br />located at 1029, 1101, 1122 and 1126 South Minnie Street in an <br />amount not to exceed $4,500,000 and authorize the Executive <br />Director to execute all documents as necessary. <br /> <br />2. Authorize payments as identified in the Relocation Plan. <br /> <br />MOTION: Solorio <br /> <br />SECOND: Garcia <br /> <br />VOTE: <br /> <br />Alvarez, Bist, Bustamante, Christy, Garcia, <br />Solorio (6) <br /> <br />AYES: <br /> <br />NOES: <br /> <br />None (0) <br />Pulido (1) <br /> <br />ABSTAIN: <br /> <br />ABSENT: <br /> <br />None (0) <br /> <br />PUBLIC HEARINGS <br /> <br />SALE OF AGENCY-OWNED PROPERTY LOCATED AT 1633 E. SIXTH <br />STREET <br /> <br />Legal Notices were published in the Oranqe County Reqister on <br />December 9, 2004 and December 16, 2004. <br /> <br />Councilmember Christy indicated a conflict of interest on Joint Item <br />No.8 due to her employment with Citibank (a subsidiary of Citigroup) <br />and as a registered representative of Citicorp Investments Services, <br />and left the meeting for this item only. <br /> <br />CRA MINUTES <br /> <br />DECEMBER 20,2004 <br /> <br />4 <br />
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