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HomeMy WebLinkAbout01/19/1988 ,. 8 I 8 CALL TO ORDER AGENDA REGULAR MEETING COMMUNITY REDEVELOPMENT AGENCY COUNCIL CHAMBERS 22 CIVIC CENTER PLAZA JANUARY 19,1988 5:30 P.M. PLEDGE OF ALLEGIANCE TO THE FLAG ROLL CALL 1. MINUTES 2. AGREEMENTS AMENDMENT TO THE A-12 DISPOSITION AND DEVELOPMENT AGREEMENT A. Recommendation: Approve the Minutes of the Adjourned Regular Meeting of the Community Redevelopment Agency held on December 21,1987 and the Minutes of the Adjourned Regular Meeting of the Community Redevelopment Agency held on January 4, 1988. Recommendation: Approve an amendment to the Disposition and Development Agreement between Urban Ventures, Inc. and the Redevelopment Agency and authorize its execution by the Chairman. Commission Recommendation: Recommend that the Redevelopment Agency approve an amendment to the Disposition and Development Agreement between Urban Ventures, Inc. and the Agency, and authorize the Chairman to execute same. e I 8 3. NEW PROGRAM A. MORTGAGE ASSISTANCE PROGRAM Recommendation: 1. Authorize implementation of a first-time homebuyer Mortgage Assistance Program; and authorize the Executive Director of the Agency to execute all necessary documentation. 2. Allocate Housing Set-Aside funds in the amount of $120,000 to fund direct subsidies to eligible homebuyers. Commission Recommendation: Recommend that the Redevelopment Agency: 1. Authorize implementation of a first-time homebuyer Mortgage Assistance Program; and 2. Allocate Housing Set-Aside funds in the amount of $120,000 to fund direct subsidies to eligible homebuyers. 4. MISCELLANEOUS A. AGENCY SECRETARY REPORT 5. 6. Recommendation: Instruct the Agency Secretary to enter into the Minutes: Pursuant to Government Code Section 54954.2, the Agenda for the January 19,1988 Meeting of the Community Redevelopment Agency was posted on the door of the Council Chambers, 22 Civic Center Plaza, at 1:05 P.M. on January 15, 1988. EXECUTIVE SESSION AGENCY AGENDA ITEMS COMMUNICATIONS FROM THE PUBLIC 7. 8. ADJOURNMENT