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10A - MINUTES - 05-20-13
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10A - MINUTES - 05-20-13
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6/3/2013 10:35:48 AM
Creation date
5/30/2013 2:54:16 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
10A
Date
6/3/2013
Destruction Year
2018
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VOUCHERS AGREEMENTS WITH DEPOT AT SANTIAGO, LP - <br />Community Development Agency <br />At its special meeting on May 14, 2013, by a vote of 5-0 (Bist, Garcia <br />absent) the Community Redevelopment and Housing Commission <br />approved the recommended actions. <br />Council discussion ensued. Councilmember Sarmiento noted that project <br />near the Train Station and across from Santiago Lofts; will provide <br />economic value and request that staff reach out to arts community. <br />Councilmember Martinez supports project. Councilmember Benavides <br />noted that project will provide affordable and quality living; prime location <br />to transportation corridor and retail; proposed mixed use of rental and for- <br />sale units. <br />MOTION: Authorize the City Manager and the Clerk of the Council to <br />execute a loan agreement with Depot at Santiago, LP in an amount of <br />$3,000,000, subject to non-substantive changes approved by the <br />Acting Executive Director and City Attorney. <br />MOTION: Tinajero SECOND: Sarmiento <br />VOTE: AYES: Amezcua, Benavides, Martinez, Pulido, <br />Reyna, Sarmiento, Tinajero (7) <br />NOES: None (0) <br />ABSTAIN: None (0) <br />ABSENT: None (0) <br />CITY COUNCIL MEETING RECESSED TO THE HOUSING AUTHORITY AGENCY <br />MEETING AT 6:42 P.M., FOLLOWED BY THE SUCCESSOR AGENCY MEETING <br />AND RECONVENED AT 6:43 P.M. WITH SAME MEMBERS PRESENT. <br />COMMENTS <br />90A CITY MANAGER'S COMMENTS - None <br />90B CITY COUNCILMEMBER COMMENTS <br />Councilmember Amezcua: <br />• Invited all to attend the upcoming Health and Fitness Health Fair on <br />Saturday, June 1St at Rosita Park. <br />CITY COUNCIL MINUTES 10 <br />MAY 20, 2013 <br />1 0A-10
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