07/18/1988 - Laserfiche WebLink

Home Browse Search

. . . INFILL NEW CONSTRUCTION LOAN ~- 1060 WEST THIRD-STREET ~-CIVIC'CENTER-BARRIO- HOUSING-CORPORATION It was moved by Agency Member Hart, seconded by Agency Member Acosta and carried unanimously (5:0) that the Community Redevelopment Agency approve the funding of an Infill New Construction Loan to Civic Center Barrio Housing Corporation in an amount not to exceed $50,000 to facilitate the development of six residential rental units at 1060 West Third Street. 500'NORTH MAIN-STREET-SIDEWALK IMPROVEMENTS ~'PROJECT-7469 Agency Member Acosta requested that the record reflect that he would have voted against the award of the contract if legal issues were not involved. It was moved by Agency Member Hart, seconded by Agency Member Acosta and carried unanimously (5:0) that the Community Redevelopment Agency award the contract to Hauschild Construction, Inc., the lowest responsive bidder, in the amount of $289,155 for the 500 North Main Street sidewalk improvements. AS 265 - (CHAPTER 1135, STATUTES OF 1985) -RRSIDENTIAL SET~/ŒIDE - COMPLIANCE - FIND"ING It was moved by Agency Member Hart, seconded by Agency Member May and carried unanimously (5:0) that the Community Redevelopment Agency adopt Resolution No. 88-12 - a resolution finding that the Agency is exempt from the requirement of appropriating 20 percent of the tax increment in the Central City project Area for low- and moderate-income housing because a substantial effort to meet these housing needs is being made through a combination of Community Development Block Grant funds and the tax increment revenues from the other four project areas. AGENCY SECRETARY REPORT It was moved by Agency Member Hart, seconded by Agency Member Acosta and carried unanimously (5:0) that the Community Redevelopment Agency instruct the Agency Secretary to enter into the Minutes: Pursuant to Government Code Section 54954.2, the June 21, 1988 Community Redevelopment Agency Agenda was posted on the door of the Council Chambers, 22 Civic Center Plaza, at 1 p.m. on June 15, 1988. CLOSED SESS"ION The meeting adjourned to Closed Session in Room 147 of the Council Chambers at 5:32 p.m. The Clerk of the Council read the following: The Legal Counsel requests that the Redevelopment Agency recess to closed session, pursuant to ~overriment Code Section 54956.9(A) to confer with its attorney regarding pending litigation which has been initiated formally, and to which the Redevelopment Agency is a party. The titles of the litigation are: 1. Communi ty Redevelopment Agency v. GALVAN (316 E. 4th Street) 2. Community Redevelopment Agency v. GALVAN (318 E. 4th Street) 3. Community Redevelopment Agency v. GALVAN (320 E. 4th Street) -2-