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COMMUNITY REDEVELOPMENT AGENCY <br /> <br />JOINT PUBLIC HEARINGS <br /> <br />76.A. FUNDING AGREEMENT WITH RANCHO SANTIAGO COMMUNITY <br /> COLLEGE SOUTH HARBOR REDEVELOPMENT PROJECT AREA <br /> (AGENCY ITEM iA) <br /> <br />Proposal to enter into an agreement with Rancho Santiago Community College District whereby <br />the Community Redevelopment Agency will commit to reserve a certain portion of its future tax <br />increment revenues from the South Harbor Redevelopment Project Area to assist in funding <br />certain facility improvements for the District <br /> <br />Legal notice published in O.C. Register on January 5 and 12, 1993 <br /> <br />The Mayor opened the joint public hearing of the City Council and the Community <br />Redevelopment Agency to consider a proposal to enter into an agreement with Rancho Santiago <br />Community College District at 7:22 p.m. <br /> <br />Presentation of staff report and staff comments by Community Development Agency Executive <br />Director Cindy Nelson <br /> <br />Presentation of written comments by Clerk of the Council Janice C. Guy: None <br /> <br />John M. Raya, former Rancho Santiago College District Board Member, spoke in opposition to <br />the proposed agreement expressing disappointment that tax increment funds would not be <br />available to the District for ten years. <br /> <br />The Mayor closed the public hearing at 7:28 p.m. <br /> <br />Motion: Adopt resolution. (Concurrent action with the Community Redevelopment Agency) <br /> <br />RESOLUTION 93-007 - A resolution of the City Council of the City consenting <br />to the payment by the Community Redevelopment Agency of costs to be incurred <br />for public improvements to be owned by the Rancho Santiago Community College <br />District and making certain determinations with respect thereto - Community <br />Development Agency <br /> <br />MOTION: Richardson <br /> <br />SECOND: Mills <br /> <br />VOTE: <br /> <br />AYES: Lutz, Mills, Moreno, Norton, Richardson, Young <br />NOES: None <br /> <br />ABSENT: Pulido <br /> <br />CITY COUNCIL MINUTES 32 JANUARY 19, 1993 <br /> <br /> <br />