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and rehabilitation of 702 S. Raitt in a total amount not to exceed <br />$689,397. <br />5 <br />6. <br />5. Adopt a resolution approving the Relocation Plan for the property <br />located at 703 N. Lacy. <br />6. Adopt a resolution approving the Relocation Plan for the property <br />located at 702 S. Raitt. <br />Recommend that the Community Redevelopment Agency: <br />1. Direct the Agency General Counsel to prepare and authorize the <br />Executive Director to execute a loan agreement with Lacy and Raitt, LP <br />for the acquisition and rehabilitation of 703 N. Lacy in a total amount <br />not to exceed $1,556,217. <br />2. Direct the Agency General Counsel to prepare and authorize the <br />Executive Director to execute a loan agreement with Lacy and Raitt, LP <br />for the acquisition and rehabilitation of 702 S. Raitt in a total amount <br />not to exceed $806,265. <br />3. Adopt a resolution approving the Relocation Plan for the property <br />located at 703 N. Lacy. <br />4. Adopt a resolution approving the Relocation Plan for the property <br />located at 702 S. Raitt. <br />5. Adopt a resolution approving the Replacement Housing Plan for the <br />property located at 702 S. Raitt. <br />Recommend that the Housing Authority: <br />Adopt a resolution relating to the issuance of bonds for the purpose of <br />financing the acquisition and rehabilitation of the properties located at <br />703 N. Lacy and 702 S. Raitt. <br />MISCELLANEOUS ADMINISTRATION <br />HISTORIC RESOURCES UPDATE -Commissioner Glen Stroud <br />EXCUSED ABSENCES <br />COMMENTS <br />CRHC AGENDA <br />5 <br />DECEMBER 16, 2008 <br />