CRA 89-07-10 MINUTES OF A MEETING OF THE
CYPRESS REDEVELOPMENT AGENCY
HELD
July 10, 1989
Agency Vice Chairman Kanel called the meeting of the Cypress Redevelopment
Agency to order at 10:35 p.m. on Monday, July 10, 1989 in the Cypress City
Council Chambers, 5275 Orange Avenue, Cypress, California.
PRESENT:Agency Members Age, Arnold, Kerry and Kane]
ABSENT: None
MINUTES: It was moved by Agency Member Arnold, seconded by Agency Member Age
and unanimously carried to approve the minutes of June 26, 1989.
CONTINUATION OF CONSIDERATION OF AGREEMENT BETWEEN THE CYPRESS REDEVELOPMENT
AGENCY AND THE CYPRESS SCHOOL DISTRICT FOR REIMBURSEMENT OF TAX INCREMENT
FUNDS: The City Manager reported that he and the School Superintendent are
attempting to clarify the agreement to avoid any possible misunderstanding.
The final draft is expected to be presented to the School Board at their
meeting tomorrow evening and then the item will be on the July 24 Agenda for
the Agency's ratification.
Councilmember Kerry expressed a desire to approve an agreement that is
acceptable to the school district and fully endorses it.
It was moved by Agency Member Kerry and seconded by Agency Member Age to
continue this item to July 24. The motion unanimously carried by the
following roll call vote:
AYE:4 AGENCY MEMBERS: Age, Arnold, Kerry and Kanel
NOES:0 AGENCY MEMBERS: None
ABSENT:0 AGENCY MEMBERS: None
ADJOURNMENT: Agency Vice Chairman Kanel adj meeting at 10:39 p.m.
VICE (HAIRMAN OF THE CTPRESS
REDEVKL/OPMENT AGENCY
ATTEST:
SECRETAR RPRESS REDEVELOPMENT
AGENCY