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HomeMy WebLinkAbout08/10/1998 - City Council Special Meeting - Redevelopment Agency24 SPECIAL JOINT MEETING OF THE CITY COUNCIL AND REDEVELOPMENT AGENCY CITY OF COSTA MESA AUGUST 10, 1998 The City Council and the Redevelopment Agency of the City of Costa Mesa, California, met in special joint session on August 10, 1998; at 5:00 p.m., in conjunction with the regularly scheduled Redevelopment Agency meeting, in first floor Conference Room A, City Hall, 77 Fair Drive, Costa Mesa. Notice of: the special joint meeting was given as required by law. ; The meeting was called to order by Mayor/Agency Member Buffa. ROLL CALL Council/Agency Members Present: Council/Agency Members Absent: Officials Present: Mayor/Agency Member Peter Buffa Mayor Pro Tem/Agency Chair- person Gary Monahan Council/Agency Member Heather Somers Council Member/Agency Vice Chairperson Libby Cowan Council/Agency Member Joe Erickson City Manager/Agency Executive Director Allan Roeder City Attorney Thomas Kathe Redevelopment and Housing Manager Muriel Ullman Acting Finance Director Marcus Davis Amended and The Redevelopment and Housing Manager summarized the Restated HOME Agenda Report dated July 20, 1998, which states that in Fund Reservation July, 1997, the City Council and Redevelopment Agency and Implementation entered into a HOME Fund Reservation Agreement to Agreement establish allocations of HOME funds for fiscal years 1994 through 1998, which were committed to affordable housing projects. Since that time, all HOME funds have been spent on single-family housing rehabilitation loan and - -grant programs. The Agenda Report also includes a suggestion by the U. S. Department of Housing and Urban Development (HUD) that an agreement be created and approved which offers a schedule for commitment and disbursal for each HOME grant year, and describes how the funds will be expended. The Redevelopment and Housing Manager introduced Special Counsel Celeste Brady, of Stradling, Yocca, Carlson & Rauth, who drew up the agreement. ADJOURNMENT f: 1 "i. z After brief discussion, a motion was made by Mayor/Agency Member Buffa, seconded by Council/Agency Member Somers, and carried 3-0, approving the Amended and Restated HOME Fund Reservation and Implementation Agreement; and authorizing the Mayor and Agency Chairperson to sign on behalf of the City and Redevelopment Agency. Mayor/Agency Member Buffa declared the meeting adjourned at 5:10 p.m. , I_r 21*3 5 Deputy City Jerk of the City of Costa Mesa 25