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<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />., <br /> <br />BUSINESS CALENDAR <br /> <br />JOINT COMMUNITY REDEVELOPMENT AGENCY / CITY COUNCIL SESSION <br /> <br />4. RESOLUTION AND APPROPRIATION ADJUSTMENT TO RECOGNIZE <br />LOAN FUNDS FROM THE CALIFORNIA HOUSING FINANCE AGENCY <br /> <br />Communitv Redevelooment Aaencv Action <br /> <br />Motions: 1. Adopt a resolution accepting a California Housing Finance <br />Agency HELP Program loan of $1,200,000. <br /> <br />2. Authorize the Executive Director of the Community <br />Redevelopment Agency to execute all loan and California Housing <br />Finance Agency documents on behalf of the Agency. <br /> <br />City Council Action <br /> <br />Motions: 1. Approve an Appropriation Adjustment recognizing $1,200,000 of <br />loan funds from the California Housing Finance Agency HELP <br />Program and appropriating same. <br /> <br />2. Adopt a resolution to authorize the use of the California Housing <br />Finance Agency HELP funds to reduce the HOME fund allocation <br />to Orange Housing Development Corporation that was previously <br />approved by the City Council, and authorize the Executive <br />Director of the Community Development Agency to execute all <br />necessary documents. <br /> <br />MOTION: Alvarez SECOND: Christy <br />VOTE: AYES: Alvarez, Bist, Christy, Franklin, McGuigan, <br /> Solorio (6) <br /> NOES: None (0) <br /> ABSTAIN: Pulido (1) <br />ABSENT: None (0) <br /> <br />eRA MINUTES <br /> <br />3 <br /> <br />AUGUST 5, 2002 <br />