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BUSINESS CALENDAR <br /> <br />Motions: <br /> <br />LOAN AGREEMENTS - SANTIAGO VILLAS SENIOR APARTMENTS <br /> <br />Recommended Action approved by the Community Redevelopment and <br />Housing Commission on June 3, 2003 by a vote of 5:0 (Rodriguez absent; <br />Turner-Lloveras abstained) <br /> <br />1. Approve a loan agreement with Fountainhead Partners, L.P., for <br /> the acquisition and rehabilitation of the property located at 939 E. <br /> Seventeenth Street in an amount not to exceed $850,000. <br /> <br />2. Direct the Agency General Counsel to prepare, and authorize the <br /> Executive Director to execute, loan agreements and all other <br /> required documents as necessary. <br /> <br />MOTION: Solorio <br /> <br />VOTE: AYES: <br /> NOES: <br /> <br />SECOND: Franklin <br /> <br />Bist, Chdsty, Franklin, Garcia, Pulido, Solorio <br />(6) <br />None (0) <br /> <br />ABSENT: Alvaroz(1) <br /> <br />o <br /> <br />Motion: <br /> <br />AMENDED CITY/AGENCY COOPERATIVE AGREEMENT FOR <br />FINANCIAL AND OPERATING SERVICES <br /> <br />Direct the Agency General Counsel to prepare, and authorize the <br />Executive Director to execute, an amended City/Agency Cooperative <br />Agreement for financial and operating services. <br /> <br />MOTION: <br />VOTE: <br /> <br />Bist SECOND: Solorio <br /> <br />AYES: <br />NOES: <br /> <br />Bist, Christy, Franklin, Garcia, Pulido, Solorio <br />(6) <br />None (0) <br /> <br />ABSENT: Alvaraz(1) <br /> <br />CRA MINUTES 3 JUNE 16, 2003 <br /> <br /> <br />