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<br />. <br /> <br />. <br /> <br />. <br /> <br />AGENDA <br />SPECIAL MEETING <br />COMMUNITY REDEVELOPMENT AGENCY <br />COUNCIL CHAMBERS <br />22 CIVIC CENTER PLAZA <br />SANTA ANA, CALIFORNIA <br />JULY 18, 1988 4:00 P.M. <br /> <br />CALL TO ORDER <br /> <br />PLEDGE OF ALLEGIANCE TO THE FLAG <br /> <br />1. <br /> <br />ROLL CALL (EXCUSE OF ABSENCE) <br /> <br />2. <br /> <br />MINUTES <br /> <br />Agency 'Action: Approve the Minutes of the Regular meeting of the <br />Community Redevelopment Agency held June 21, 1988. <br /> <br />3. <br /> <br />AGREEMENT <br /> <br />A. <br /> <br />EXCLUSIVE RIGHT TO NEGOTIATE TO HUTTON DEVELOPMENT FOR THE A-13 SITE <br /> <br />Agencÿ'Aètion: Grant a l80-day Exclusive Right to Negotiate to <br />Hutton Development Company, Inc. for the development of the A-13 site <br />at the southwest corner of Flower Street and Santa Ana Boulevard. <br /> <br />Rede'velopment "Commissîon Recommendátîon: Recommend that the <br />Redevelopment Agency grant a l80-day Exclusive Right to Negotiate to <br />Hutton Development Company, Inc. for the development of the A-13 site <br />at the southwest corner of Flower Street and Santa Ana Boulevard, by <br />a vote of 5:0 (Mack and Rosenow absent). <br /> <br />4. <br /> <br />BUDGET ADJUSTMENT <br /> <br />A. <br /> <br />NORTH HARBOR PROJECT AREA BUDGET ADJUSTMENT - GARDEN GROVE UNIFIED <br />SCHOOL DISTRICT AGREEMENT <br /> <br />Agency Action: Recognize $140,000 in additional balanc~forward <br />revenues in the North Harbor Project Area (530-10), and appropriate <br />$22,000 of the funds to the repayment of debt to the General Fund for the <br />purpose of providing monies to the Garden Grove Unified School District <br />Acquisition Fund (56-503-931) and the balance of $118,000 to the North Harbor <br />Project Area account for reserve appropriations (530-935-911). <br /> <br />-1- <br />