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<br />'. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. . <br /> <br />Executive Director to execute amendments to the Owner <br />Participation Agreement; (2) modifications to the Cornerstone <br />Village Loan Programs; and (3) subordination of Façade and <br />Courtyard Improvement loans to new priority liens. <br /> <br />2. Amend the contract with Gafcon, Inc. for construction <br />management of landscape, façade and courtyard improvements <br />for an additional amount not to exceed $35,000. <br /> <br />MOTION: Bist SECOND: Christy <br />VOTE: AYES: Alvarez, Bist, Christy, Franklin, McGuigan, <br /> Solorio (6) <br /> NOES: None (0) <br />ABSENT: Pulido (1) <br /> <br />The Joint Community Redevelopment Agency and City Council Session recessed <br />at 7:51 P.M. to the Community Redevelopment Agency Session. <br /> <br />COMMUNITY REDEVELOPMENT AGENCY SESSION <br /> <br />4. <br /> <br />SANTA ANA BOULEVARD EXTENSION OF NEGOTIATIONS WITH <br />SOUTHERN CALIFORNIA HOUSING DEVELOPMENT CORPORATION <br />AND THE OLSON COMPANY <br /> <br />Motions: 1. <br /> <br />Authorize the Executive Director of the Community <br />Redevelopment Agency to continue to negotiate the terms and <br />conditions of a Disposition and Development Agreement with <br />Southern California Housing Development Corporation for the <br />acquisition and rehabilitation of multi-family housing located in <br />the area along Santa Ana Boulevard between Poinsettia Street <br />and Mortimer for an additional six-month period. <br /> <br />2. Authorize the Executive Director of the Community <br />Redevelopment Agency to continue to negotiate the terms and <br />conditions of a Disposition and Development Agreement with The <br />Olson Company (TOC) for the development of a new housing <br />project in the area along Santa Ana Boulevard between Poinsettia <br />Street and Mortimer for an additional six-month period. <br /> <br />CRA MINUTES <br /> <br />JULY 16,2001 <br /> <br />3 <br />