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HomeMy WebLinkAbout04/16/1973 . . . . ., . . . , MINUTES HOUSING AUTHORITY OF THE CITY OF SANTA ANA, CALIFORNIA April 16, 1973 The Regular Meeting of the Housing Authority of the City of Santa Ana was called to order by Chairman Jerry M. Patterson at 2:05 P.M., in the Council Chambers, 22 Civic Center Plaza, Santa Ana. The following members of the Authority responded to the roll call: John Garthe Harry K. Yamamoto Jerry M. Patterson Vernon S. Evans James E. Ward Lorin Griset The following persons were also present: Bruce C. Spragg, Secretary Pro Tem James A. Withers, Attorney for the Authority Florence I. Malone, Recording Secretary Representatives of the Press The full reading of the Minutes of the Regular Meeting of March 19, 1973, was waived and the Minutes were unanimously approved as mailed on motion of Commissioner Griset, seconded by Commissioner Yamamoto and unanimously carried. MINUTES The status report dated April 12,1973, Section 23 Housing was presented to the Authority. In accordance with the recommendations contained in the report, the following action was authorized on the unanimously approved motion of Commissioner Griset, seconded by Commissioner Ward: REPORT OF SECRETARY PRO TEM 1. Establishment of a Housing Authority savings account, in the form of a 90-day time certificate deposit, in the amount of $3,000, with the Banco del Pueblo of Santa Ana; and Establishment of a policy whereby the Housing Authority savings account shall not exceed the sum of ten per cent of the total Housing Authortt~ budget in any given fiscal year. 2. ADJOURNMENT The meeting was adjourned at 2:10 P.M., on the unanimousl~ approved motion of Commissioner Yamamoto, seconded by Commissioner Garthe.