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<br />. <br /> <br />. <br /> <br />. <br /> <br />MINUTES <br /> <br />Motion: <br /> <br />Approve the Minutes of the Community Redevelopment Agency: <br /> <br />Adjourned Regular Meeting <br /> <br />April 2, 2001 <br /> <br />RECORDING SECRETARY REPORT <br /> <br />Motion: <br /> <br />1. <br /> <br />Motion: <br /> <br />Instruct the Recording Secretary to enter notice of posting into the Minutes. <br /> <br />The Agenda for the April 2, 2001 Adjourned Regular Meeting of the <br />Community Redevelopment Agency was posted on the door of the Council <br />Chambers, 22 Civic Center Plaza at 6:43 p.m. on March 29, 2001. <br /> <br />* * * END OF CONSENT CALENDAR * * * <br /> <br />BUSINESS ITEMS <br /> <br />CHFA - CaHLIF 97/3 MORTGAGE PROGRAM <br /> <br />1. <br /> <br />Direct the Agency Attorney to prepare, and authorize the Executive <br />Director to execute, an Agreement with the California Housing <br />Finance Agency and the California Housing Loan Insurance Fund <br />to enable participating lenders to offer CHFA-CaHLIF 97/3 <br />Mortgage Program loans to qualified homebuyers in the City of <br />Santa Ana. <br /> <br />2. <br /> <br />Authorize the Executive Director to create and fund a $25,000 loan <br />loss reserve account as required for implementation of the CHFA- <br />CaHLIF 97/3 Mortgage Program. <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />YOTE: <br /> <br />AYES: <br />NOES: <br /> <br />ABSENT: <br /> <br />REDEVELOPMENT AGENCY AGENDA <br /> <br />.2- <br /> <br />APRIL 16, 2001 <br />