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CRA 86-12-08 MINUTES OF A MEETINC, OF TTTE CYPRESS REDEVELOPMENT AGENCY HELD December 8, 1986 Chairman Kanel called the meeting of the Cypress Redevelopment Agency to order at 1.1:57 p.m. on Monday, December 8, 1986, in the Cypress City Council Chamber, 5275 Orange Avenue, Cypress, California, with the following Agency Members in attendance: PRESENT: Agency Members Arnold, Coronado, Davis, Mullen and Kanel ABSENT: None Chairman Kane] indicated that the election of a new Chairperson was the first item of business and he called for nominations for Chairperson. Member Coronado nominated Member Kanel as Chairman. The motion was seconded by Member Arnold and unanimously carried bv the following roll call vote: AYES: 5 AGENCY MEMBERS: Arnold, Coronado, Davis, Nlullen & Kanel NOES 0 AGENCY MEMBERS: None ABSENT: 0 AGENCY MEMBERS: None MINUTES: It was moved by Member Coronado, seconded by Member Mullen and carried, with Members Arnold and Davis abstaining, to approve the minutes of September 22. CONSIDERATION OF FISCAL YEAR. (FY) 1985-86 ANNUAL REPORT: The Planning Director presented a report dated December 1 transmitting the 1985-86 Annual'Report of the Cypress Redevelopment Agency which is required to be filed with the State Department of Housing and Community Development within six months of the end of the fiscal year. The six sections of the report include: Introduction, Agency Projects, Comparison of Agency Goals and Objectives, Work Program for the Coming Year, Legislative Recommendations, and Financial Audit. Staff indicated that the report will be submitted by December 31. It was moved by Member Mullen, seconded by Member Arnold and unanimously carried to receive and file the report. ADJOURNMENT:Chairman Kanel adjourned the meeting at 12:00 a.m. CHAIRMAN OF THE CYPRESS REDEVELOPMENT AGENCY ATTEST: SECRETARY OF THE CYPRESS REDEVELOPAIENT AGENCY