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. . . MINUTES REGULAR MEETING COMMUNITY REDEVELOPMENT AGENCY MAY 21, 1991 The Regular Meeting of the Community Redevelopment Agency was called to order at 5:42 p.m. by Vice Chairman Pulido in Room 147 of the Council Chambers, 22 Civic Center Plaza, Santa Ana, California. The following Agency Members were in attendance: mmIT ABSENT John Acosta Dan Griset Patricia McGuigan Miguel Pulido, Vice Chairman Robert Richardson Daniel H. Young, Chairman (6:05 p.m.) Rick Norton Others in Attendance: David N. Ream, City Manager Edward Cooper, City Attorney Cynthia J. Nelson, Executive Director ~ It was moved by Agency Member Griset, seconded by Agency Member McGuigan and carried unanimously (5:0) to approve the minutes of the Regular Meeting of the Community Redevelopment Agency held on April 16, 1991. AGENCY SECRETARY REPORT It was moved by Agency Member Acosta, seconded by Agency Member Richardson and carried unanimously (5: 0) that the Redevelopment Agency instruct the Agency Secretary to enter into the minutes: Pursuant to Government Code Section 54954.2, the Agenda for the April 16, 1991 Regular Meeting of the Community Redevelopment Agency for posted on the door of the Council Chambers, 22 Civic Center Plaza, Santa Ana at 10 a.m. on April 12, 1991. STUDY SESSION - EDUCATIONAL FACILITIES IMPROVEMENT PLAN Cynthia Nelson, Executive Director, Community Development Agency, made the staff presentation for the Educational Facilities Improvement Plan, explaining the goals and objectives of the proposed program. The Agency was provided a copy of the taxing agency breakdowns, and Ms. Nelson described the process by which the tax dollars would be allocated. It is expected that the plan will generate approximately $2 million in revenues in year one, increasing to $11 million by year five, assuming a five percent growth rate. The funds must be spent on identified capital improvements, and each of the school districts have been asked to develop an initial project list.