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<br />JOINT SESSION WITH CRA <br /> <br />VOTE: <br /> <br />AYES: <br /> <br />Bustamante, Benavides, Pulido (3) <br /> <br />NOES: Alvarez, Tinajero (2) <br /> <br />ABSTAIN: Martinez (1) <br /> <br />ABSENT: None (0) <br /> <br />The motion failed of adoption by a 3-2 vote; pursuant to the by-laws of the Community <br />Redevelopment Agency this action would require an affirmative vote of the majority of the <br />members present, however the City Charter requires a majority vote of the entire seven <br />member body (four votes) for an action to be adopted; this matter is a joint action of the <br />City Council and the Community Redevelopment Agency and would therefore need the <br />higher number of majority votes to prevail. <br /> <br />COUNCIL RECESSED TO A JOINT SESSION BETWEEN CITY COUNCIL, <br />COMMUNITY REDEVELOPMENT AGENCY AND HOUSING AUTHORITY AT 7:29 P.M. <br /> <br />80.6. PUBLIC HEARING - MORTGAGE REVENUE BOND INDUCEMENT AND <br />TEFRA HEARING ON ISSUANCE OF TAX-EXEMPT BONDS AND LOAN <br />AGREEMENTS WITH WILSHIRE/MINNIE, L.P <br /> <br />At its Regular Meeting of December 5, 2006, the Community <br />Redevelopment and Housing Commission voted 6:0 (Turner absent) <br />to continue this item to a Special Meeting on December 13, 2006. <br /> <br />Recommended actions approved by the Community Redevelopment and <br />Housing Commission at its Special Meeting of December 13, 2006, by a <br />vote of 6:0 (Turner absent) <br /> <br />Legal notice published in the Orange County Register December 1,2006 <br /> <br />Staff Presentation by Stephen Harding, Executive Director Community <br />Redevelopment Agency <br /> <br />Barry Cottle (applicant) and Victoria Zaragoza spoke in support of this <br />project; public hearing closed. <br /> <br />Written communication - None <br /> <br />Motion: <br /> <br />1. Hold a TEFRA (Tax Equity and Financial Responsibility Act) Hearing <br />in consideration of the issuance of multi-family housing revenue <br /> <br />CITY COUNCIL MINUTES <br /> <br />423 <br /> <br />DECEMBER 18, 2006 <br />