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BUSINESS CALENDAR <br />. 5. PAYMENT TO EDUCATIONAL REVENUE AUGMENTATION FUND AND <br />AN ORDINANCE AMENDING THE SIX REDEVELOPMENT PLANS TO <br />EXTEND CERTAIN TIME LIMITS <br />F] <br />40 <br />Motion: Adopt Resolution No. CRA 2004 -07 finding that borrowing $1,830,569 <br />in Housing Set -Aside Funds to make the FY 2003 -2004 payment to <br />the Educational Revenue Augmentation Fund is necessary due to the <br />insufficiency of other revenue sources. <br />MOTION: Alvarez SECOND: Solorio <br />VOTE: AYES: Alvarez, Bist, Christy, Franklin, Pulido, Solorio <br />(6) <br />NOES: None (0) <br />ABSTAIN: None (0) <br />ABSENT: Garcia (1) <br />COMMENTS <br />PUBLIC COMMENTS — None <br />COMMUNITY REDEVELOPMENT AGENCY BOARDMEMBER <br />COMMENTS - None <br />ADJOURNMENT - 6:56 p.m. - To May 17, 2004, at 6:05 p.m., Police Community <br />Room, 60 Civic Center Plaza, Santa Ana, California. <br />Patricia E. Healy <br />Recording Secretary <br />CRA MINUTES <br />MAY 3, 2004 <br />