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CRA 2006-10-09 MINUTES OF A REGULAR MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD October 9,2006 Agency Chairperson Sondhi called the meeting of the Cypress Redevelopment Agency to order at 5:30 p.m. in the Executive Board Room, 5275 Orange Avenue, Cypress, California. Members present: Mayor/Agency Chair Lydia Sondhi Mayor Pro Tem/Agency Vice Chair Phil Luebben Council/Agency Board Member Frank McCoy Council/Agency Board Member Mike McGill Council/Agency Board Member Todd Seymore Others present: Acting City Manager Richard Storey Assistant City Attorney Fred Galante Acting Community Development Director Ted Commerdinger Public Works Director Doug Danes Police Captain Mark Yokoyama Assistant City Engineer Kamran Dadbeh Recreation Superintendent Dena Diggins Administrative Services Manager June Liu Finance Manager Matt Burton Redevelopment Project Manager Steve Clarke Interim City Clerk Denise Basham It was moved by Agency Vice Chair Luebben and seconded by Agency Board Member Seymore, to approve Consent Calendar Item No. 13. The motion was unanimously carried by the following roll call vote: AYES: 5 AGENCY MEMBERS: McCoy, McGill, Seymore, Luebben and Sondhi NOES: 0 AGENCY MEMBERS: None ABSENT: 0 AGENCY MEMBERS: None Consent Calendar: Item No. 13: APPROVAL OF FISCAL YEAR 2005-06 CARRYOVER OF CONTINUING APPROPRIATIONS AND ENCUMBRANCES FOR THE CYPRESS REDEVELOPMENT AGENCY TO FISCAL YEAR 2006-07. Recommended Action: That the Cypress Redevelopment Agency Board: 1. Authorize the appropriation of funds in Fiscal Year 2006-07 for the carryover of continuing appropriations as detailed in Attachment A and summarized as follows: 36 Low and Moderate Housing Set-Aside Fund $ 1,042,350 2. Authorize the appropriation of funds in Fiscal Year 2006-07 for items encumbered at June 30,2006 as detailed in Attachment B and summarized below: 35 Civic Center Project Fund $ 10,914 37 Lincoln Avenue Project Fund $ 10,914 38 LART Project Fund $ 20,392 36 Low and Moderate Housing Set-Aside Fund $ 49,750 CYPRESS REDEVELOPMENT AGENCY APRIL 22, 2002 3. Authorize the transfers of funds to support continuing appropriations in Fiscal Year 2006-07 as listed below: FROM TO AMOUNT 35 Civic Center Project Fund 15 City CIP Fund $2,599,439 END OF CONSENT CALENDAR ADJOURNMENT: Agency Chairperson Sondhi adjourned the meeting at 8:00 p.m. ON OF THE CYPRESS PMENT AGENCY ATTEST: ~~ SECRETARY OF THE CYPRESS REDEVELOPMENT AGENCY 2