HomeMy WebLinkAbout05-16-1996 ORA MinutesAPPROVED BY THE AGENCY BOARD ON MAY 28, 1996.
ORANGE REDEVELOPMENT AGENCY
MINUTES OF AN ADJOURNED REGULAR MEETING
ORANGE, CALIFORNIA
May 16,1996
The Orange Redevelopment Agency of the City of Orange, California convened on May 16, 1996 at 4:30p.m. in an Adjourned Regular Meeting in the Council Chambers, 300 E. Chapman Avenue, Orange,California.
4:30 P.M. SESSION
1. ROLLCALL
PRESENT
ABSENT
Murphy, Barrera, Coontz, Spurgeon, Slater None
1.1
APPROVAL OF MINUTES - None 2. CONSENT CALENDAR
2.1 Declaration
of the Clerk of the Orange Redevelopment Agency, Cassandra 1.Cathcart, declaring postingofOrangeRedevelopmentAgencyAgendaofandadjournedregularmeeting
of May 16, 1996 at Orange Civic Center, Main Library,the Police Facilityat1107N. Batavia, the Eisenhower Park Bulletin Board and summarized on Time
Warner Communications; all of said locations being in the City of Orange
and freely accessible to members of the public at least 24 hours before commencement ofsaidadjournedregularmeeting.ACTION: Accept Declaration
of Agency Posting and authorized its retention as a public record intheOfficeoftheAgencyClerk.MOTION SECOND AYES
Murphy
Barrera
Muryhy,
Barrera,
Coontz, Spurgeon,
Slater Item 2.1 was approved
as recommended.END OF CONSENT CALENDAR 3.
REPORTS FROM DIRECTORS - None.
4. REPORTS FROM BOARDS, COMMITTEES AND
COMMISSIONS _None.5. ADMINISTRATIVE REPORTS 5.1
Approval
of Affordable Housing
Agreement with Plaza Garden Apartme~lts LLC to provide funding in the amount of$I,215,750 (Housing Set-Aside) for the acquisition an(: rehabilit&tion of the apartment buildings located at 1934, 1942,2002 Quincy Street and 1907, 1935, 1943 and A>03 Monroe Street. (Continued from May 14, 1996.)PAGE 1
ORANGE REDEVELOPMENT AGENCY MINUTES May 16, 1996
5. ADMINISTRATIVE REPORTS (Continued)
NOTE: This item was discussed jointly, see Council minutes, Item 6.1.
RESOLUTION NO. ORA-
0311 A Resolution of the Orange Redevelopment Agency approving an Affordable Housing Agreement
with Plaza Garden Apartments LLC, a California Limited Liability Company and making certain
findings.
MOTION
SECOND
AYES
NOES Barrera
Spurgeon Murphy,
Barrera, Coontz, Spurgeon Slater That
Resolution No.
ORA-0311 as introduced be adopted and same was passed and adopted by the preceding vote.
MOTION SECOND
AYES
NOES
Barrera
Spurgeon
Murphy, Barrera,
Coontz, Spurgeon
Slater Moved to authorize transfer
offunding in
an amount not to exceed $1,215,750 from the 921 Southwest Housing Set-Aside Fund and 931
Northwest Housing Set-Aside Fund for the acquisition and rehabilitation of the Plaza
Garden Apartments by the LLC.6. REPORTS FROM EXECUTIVE
DIRECTOR - None.7. LEGAL AFFAffiS - None.8.
ORAL PRESENTATIONS - None.9. ADJOURNMENT
MOTION SECOND AYES Murphy Barrera
Murphy, Barrera,
Coontz,
Spurgeon,
Slater
The
Re~cvelopmt":
1t Agency adjourned at 6:05
p.m.C 1 l I L!uff Gdt~CASSANDRA J.
jtATHCART,
CMC,
CLERK OF
THE FEryEVEr .OPMENT
AGENCY PAGE 2 r