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JOINT SESSION <br />CITY COUNCIL / COMMUNITY REDEVELOPMENT AGENCY <br />BUSINESS CALENDAR <br />Matters listed on the Business Calendar are generally proposals <br />for new legislation or items requiring discussion. <br />4. LOAN AGREEMENT WITH ORANGE HOUSING DEVELOPMENT <br />CORPORATION AND AUTHORIZATION OF RELOCATION PLAN <br />CITY COUNCIL ACTION <br />Motions: 1. Direct the City Attorney to prepare a loan agreement with <br />Orange Housing Development Corporation for the acquisition <br />of a 24 unit multi - family property located at 901 E. Sixth Street <br />in an amount not to exceed $1,300,000 and authorize the <br />Executive Director of the Community Development Agency or <br />designee to execute all required documents. <br />2. Adopt a resolution approving the Relocation Plan for <br />residential property located at 901 E. Sixth Street. <br />COMMUNITY REDEVELOPMENT AGENCY ACTION <br />Motion: Direct the Agency General Counsel to prepare a loan agreement with <br />Orange Housing Development Corporation for the acquisition of a 24 <br />unit multi - family property located at 901 E. Sixth Street in an amount <br />not to exceed $2,607,500 and authorize the Executive Director of the <br />Community Development Agency or designee to execute all <br />documents as necessary. <br />CRA AGENDA 4 JANUARY 18, 2005 <br />