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lJ T' l1N !L/ <br />NY Cl"i N <br />MEETING DATE: <br />JUNE 21, 2010 <br />CLERK OF COUNCIL USE ONLY: <br />TITLE: APPROVED <br />RESOLUTION APPROVING FISCAL YEAR 2010- <br />2011 COMMUNITY REDEVELOPMENT AGENCY ~ <br />BUDGET AND SECOND AMENDED AGREEMENT ~ <br />BETWEEN CITY/AGENCY FOR FINANCIAL AND ~ <br />OPERATING SERVICES <br />As Recommended <br />As Amended <br />Ordinance on 1st Reading <br />Ordinance on 2nd Reading <br />Implementing Resolution <br />Set Public Hearing For <br />,/~ ,~ ~j,~ CONTINUED TO <br />z U/~`°C1-°-'"°"ryj~J~CGLG~~ FILE NUMBER <br />~, < <br />CITY ANAGER EXECUTIVE DIRECTOR <br />REC®MMN®E® ACl°I®N <br />CITY COUNCIL ACTION <br />Authorize the City Manager and Clerk of the Council to execute the attached second amended <br />agreement between the City of Santa Ana and the Community Redevelopment Agency for <br />financial and operating services, subject to non-substantive changes approved by the City <br />Manager and City Attorney. <br />COMMUNITY REDEVELOPMENT AGENCY ACTION <br />Adopt a resolution approving the fiscal year 2010-2011 budget of the Community <br />Redevelopment Agency as identified in the City of Santa Ana's Annual Budget. <br />2. Authorize the Executive Director and Agency Secretary to execute the attached second <br />amended agreement between the Community Redevelopment Agency and the City of Santa <br />Ana for financial and operating services, subject to non-substantive changes approved by the <br />Executive Director and Agency General Counsel. <br />DISCUSSION <br />Consistent with California Redevelopment Law, the annual funding plan and certain findings for the <br />Community Redevelopment Agency (Agency) must be approved by a resolution of the Agency. <br />The proposed overall budget for the Community Development Agency for fiscal year 2010-2011 is <br />$102,742,270, of which $51,255,785 is comprised of various federal and state grants and other <br />miscellaneous sources. <br />3-15 <br />