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CRA 2002-03-11MINUTES CFA REGULAR MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD March 11,2002 Agency Chairperson Sondhi called the meeting of the Cypress Redevelopment Agency to order at 7:29 p.m. in the Council Chambers, 5275 Orange Avenue, Cypress, California. PRESENT: Agency Board Members Keenan, McGill, Piercy, Agency Vice Chairperson McCoy, Agency Chairperson Sondhi ABSENT: None Aisc present were Executive Director, City Attorney, Deputy Executive Director, Agency Treasurer, Public Works Director, Chief of Police, Recreation and Community Services Director, Planning Manager, Assistant to the City Manager, and Agency Secretary. Agency Board Member Keenan requested Item No. 7 be pulled from the Consent Calendar. Regarding Item No. 7: CONSIDERATION OF RELOCATION ASSISTANCE AGREEMENT BETWEEN THE CYPRESS REDEVELOPMENT AGENCY AND THF CYPRESS CHAMBER OF COMMERCE, AND APPROPRIATION OF FUND,~, Agency Board Member Keenan stated the City is required, when a change takes place on a piece of property in the redevelopment area, to provide assistance. He commended the Chamber for taking this step and moving to their new office on Lincoln Avenue. It was moved by Agency Board Member Keenan and seconded by Agency Board Member McGill, that the Cypress Redevelopment Agency: 1) Approve the Relocation Assistance Agreement between the Cypress Redevelopment Agency and the Cypress Chamber of Commerce, and authorize the Executive Director and Agency Secretary to execute the Agreement; and 2) Approve an appropriation of $28,800 from the unreserved fund balance of the Civic Center Project Area to Account No. 4299-35-194- 06 in order to fund the anticipated costs during the first year of the Agreement. The motion was unanimously carried by the following roll call vote: AYES: NOES: ABSENT: 5 AGENCY MEMBERS: Keenan, McGill, Piercy, McCoy and Sondhi 0 AGENCY MEMBERS: None 0 AGENCY MEMBERS: None END OF CONSENT CALENDAR ADJOURNMENT: Agency Chairperson Sondhi adjourned the meeting at 7:33 p.m. CHAII~I~ERSON OF THE CYPRESS RED VI~J~LOPMENT AGENCY ATTEST: (S~CRETAR RESS T4EDEVELOPM EI~f"AG ENCY