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02/20/2001
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02/20/2001
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1/3/2012 3:34:21 PM
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3/2/2005 12:03:25 PM
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City Clerk
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Agenda
Date
2/20/2001
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<br />. <br /> <br />. <br /> <br />. <br /> <br />REDEVELOPMENT AGENCY ACTION: <br /> <br />Motion: <br /> <br />1. <br /> <br />Adopt a resolution adopting a Home Mortgage Finance and <br />Mortgage Credit Certificate Program in cooperation with the <br />County of Orange, and authorizing the County of Orange <br />application to the California Debt Limit Allocation Committee. <br /> <br />2. <br /> <br />Direct the Agency Attorney to prepare, and authorize the Chairman <br />and Executive Director to execute a Cooperative Agreement with <br />the County of Orange to implement a Home Mortgage Finance and <br />Mortgage Credit Certificate Program. <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />REDEVELOPMENT AGENCY SESSION <br /> <br />2. <br /> <br />REHABILITATION LOAN AGREEMENT WITH SANTORA PARTNERS, LLC <br />FOR MEMPHIS RESTAURANT <br /> <br />Motion: <br /> <br />Approve a loan in the amount of $450,000 to Santora Partners, <br />LLC to install tenant improvements for Memphis Restaurant at 201- <br />203 North Broadway in the Santora Building. <br /> <br />1. <br /> <br />2. <br /> <br />Direct the Agency Attorney to prepare, and authorize the Executive <br />Director to execute a rehabilitation loan agreement and use <br />covenant with Santora Partners, LLC and all other required <br />documents as necessary. <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />REDEVELOPMENT AGENCY AGENDA <br /> <br />.3- <br /> <br />FEBRUARY 20,2001 <br />
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