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19D - EXHIBIT FY 10-11 RDA Annual Report
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19D - EXHIBIT FY 10-11 RDA Annual Report
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Last modified
7/22/2016 4:16:07 PM
Creation date
12/16/2011 1:42:28 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Date
12/19/2011
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Loan Report as required under Health & Safety Code Section 33080.1 (e) <br />Community Redevelopment Agency of the City of Santa Ana <br />FY 2010 -11 <br />A list of, and status report on, all loans made by the redevelopment agency that are fifty thousand <br />dollars ($50,000) or more, that in the previous fiscal year were in default, or not in compliance with the <br />terms of the loan approved by the redevelopment agency. <br />The Community Redevelopment Agency of the City of Santa Ana has one loan receivable reportable for <br />Fiscal Year 2010 -2011 under Health & Safety Code Section 33080.1 (e). This loan to a non - profit agency <br />is not in full compliance with the terms of the loan. However, the borrower is making regular payments <br />on the loan balance and the Agency continues to work with this non - profit developer to bring the loan <br />current. <br />Page 1 of 1 <br />
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