CRA 90-02-26 MINUTES OF A MEETING OF THE
CYPRESS REDEVELOPMENT AGENCY
HELD
February 26, 1990
Agency Chairman Age called the meeting of the Cypress Redevelopment
Agency to order at 10:14 p.m. on Monday, February 26, 1990 in the
Cypress City Council Chambers, 5275 Orange Avenue, Cypress, California.
PRESENT: Agency Members Arnold, Bowman, Kerry, Kanel and Age
ABSENT: None
MINUTES: It was moved by Agency Member Kanel and seconded by Agency
Member Kerry to approve the minutes of February 12, 1990. The motion
carried by the following roll call vote:
AYES: 4 AGENCY MEMBERS: Arnold, Bowman, Kanel and Kerry
NOES: 0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
ABSTAINED:1 AGENCY MEMBERS: Age
Agency Chairman Age abstained due to her absence at the February 12,
1990 meeting.
CONTINUATION OF CONSIDERATION OF AN AGREEMENT BETWEEN THE CYPRESS
REDEVELOPMENT AGENCY AND CYPRESS HOMES, INC., PROVIDING FOR FINANCING OF
CERTAIN IMPROVEMENTS REQUIRED BY THE SORRENTO HOMES DEVELOPMENT ON THE
TEXACO TANK FARM: The Executive Director advised that this item be
continued to the meeting of March 12, 1990.
It was moved by Agency Member Kanel and seconded by Agency Member Bowman
to continue this item to the meeting of March 12, 1990. The motion
unanimously carried by the following roll call vote:
AYES: 5 AGENCY MEMBERS: Arnold, Bowman, Kanel, Kerry & Age
NOES: 0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
CONSIDERATION OF A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY
AUTHORIZING TRANSMITTAL OF THE REDEVELOPMENT PLAN FOR THE PROPOSED
LINCOLN AVENUE REDEVELOPMENT PROJECT: The Executive Director reviewed
the staff report dated February 20, 1990, which stated that the next
step in the formation of the proposed redevelopment project area is the
transmittal of the Redevelopment Plan. The Public Works Director
presented an insert to the Plan regarding additional public improvements
specifically related to the City Yard.
It was moved by Agency Member Kanel and seconded by Agency Member Bowman
to adopt the Resolution by title only, title as follows, authorizing
transmittal of the plan.
CRA NO. 52
A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY AUTHORIZING
TRANSMITTAL OF THE PROPOSED REDEVELOPMENT PLAN FOR THE LINCOLN
AVENUE REDEVELOPMENT PROJECT.
The motion unanimously carried by the following roll call vote:
AYES: 5 AGENCY MEMBERS: Arnold, Bowman, Kanel, Kerry & Age
NOES: 0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
CONSIDERATION OF A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY
AUTHORIZING TRANSMITTAL OF THE REDEVELOPMENT PLAN FOR THE PROPOSED LOS
ALAMITOS RACE TRACK AND GOLF COURSE REDEVELOPMENT PROJECT: The
Executive Director presented the staff report dated February 20, 1990,
which indicated that the next step in the formation of the proposed
redevelopment project area is the transmittal of the Redevelopment Plan.
In response to Agency Member Bowman, the Planning Director will provide
the projected figure for the final assessed valuation and the
projections of the incremental property tax increase.
It was moved by Agency Member Bowman and seconded by Agency Member
Arnold to adopt the Resolution by title only, title as follows,
authorizing the transmittal of the plan.
CRA NO. 53
A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY AUTHORIZING
TRANSMITTAL OF THE PROPOSED REDEVELOPMENT PLAN FOR THE LOS
ALAMITOS RACE TRACK AND GOLF COURSE REDEVELOPMENT PROJECT.
The motion unanimously carried by the following roll call vote:
AYES: 5 AGENCY MEMBERS: Arnold, Bowman, Kanel, Kerry & Age
NOES: 0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
ADJOURNMENT: Agency Chairman Age adjourned the meeting at 10:16 p.m.
CHAIRMAN OF THE CYPRESS
REDEVELOPMENT AGENCY
ATTEST:
SECRETARY OF THE CYPRESS REDEVELOPMENT
AGENCY
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