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PUBLIC HEARINGS <br /> <br />JOINT CITY COUNCIL/COMMUNITY REDEVELOPMENT AGENCY ITEM <br /> <br />20.D. <br /> <br />FY 96-97 COMMUNITY REDEVELOPMENT AGENCY BUDGET - <br />APPROPRIATION ADJUSTMENTS - TAX INCREMENT, PARKING METER <br />REVENUE, AND VARIOUS FUND TRANSFERS <br /> <br />CONCURRENT ACTION WITH COMMUNITY REDEVELOPMENT AGENCY <br /> <br />Motion: Approve. (Requires five affirmative votes) <br /> <br />20.D. 1. <br /> <br />APPROPRIATION ADJUSTMENT 96-144 - Recognizing $171,300.00 in <br />unanticipated revenue in the North Harbor Redevelopment Project Area and <br />appropriating $100,000.00 for the North Harbor Project Area and $71,300.00 for <br />loan repayment; repaying $71,300.00 in North Harbor Project Area Tax Increment <br />to the General Fund and transferring same to the Central City Project Area <br /> <br />20.D.2. <br /> <br />APPROPRIATION ADJUSTMENT 96-145 - Repaying $560,750.00 in Bristol <br />Corridor Project Area tax increment to the General Fund and transferring same to <br />the Central City Project Area <br /> <br />20.D.3. <br /> <br />APPROPRIATION ADJUSTMENT 96-146 - Repaying $600,000.00 in South Main <br />Project Area tax increment to the General Fund and transferring $300,00.00 to the <br />South Harbor Project Area and $300,000.00 to the Central City Project Area <br /> <br />20.D.4. <br /> <br />APPROPRIATION ADJUSTMENT 96-147 - Transferring $148,000.00 in Parking <br />Meter Revenue to the Central City Project Area <br /> <br />MOTION: McGuigan <br /> <br />SECOND: Richardson <br /> <br />VOTE: <br /> <br />AYES: Espinoza, Lutz, McGuigan, Mills, Pulido, Richardson <br />NOES: Moreno <br /> <br />ABSENT: None <br /> <br />RECESSED TO COMMUNITY REDEVELOPMENT AGENCY FOLLOWED BY THE <br />HOUSING AUTHORITY - 12:46 A.M. <br /> <br />RECONVENED - 12:48 A.M. <br /> <br />CITY COUNCIL MINUTES <br /> <br />123 APRIL 1, 1996 <br /> <br /> <br />