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CRA 98-04-27MINUTES OF A REGULAR MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD April 27, 1998 Agency Chairman Jones called the meeting of the Cypress Redevelopment Agency to order at 11:15 p.m., Monday, April 27, 1998, in the Council Chamber, 5275 Orange Avenue, Cypress. PRESENT: ABSENT: Agency Members Bowman, Carroll, Keenan, Piercy and Jones None MINUTES: It was moved bV Agency Member Keenan and seconded by Agency Member Piercv to approve the Minutes of the January 12, 1998 meeting. The motion unanimously carried by the following roll call vote: AYES: NOES: ABSENT: 5 AGENCY MEMBERS: 0 AGENCY MEMBERS: 0 AGENCY MEMBERS: Bowman, Carroll, Keenan, Piercv and Jones None None APPROVAL OF PARAMETERS FOR THE HOME ENHANCEMENT LOAN PROGRAM: The City Manager presented the staff report and referred to the workshop session which was held earlier in the evening for consideration. The report contained a description of the modified program parameters for the Home Enhancement Loan Program based on the comments made bv the Agency Board on November 10, 1997. Discussion regarding compensation fees for administering the program was also included. It was moved by Agency Member Bowman and seconded by Agency Chair Jones to approve the program parameters for the Home Enhancement Loan program as modified by recommendations from Council and that the City Manager be authorized to execute the contract. AYES: 5 AGENCY MEMBERS: NOES: 0 AGENCY MEMBERS: ABSENT: 0 AGENCY MEMBERS: Bowman, Carroll, Keenan, Piercy and Jones None None ADJOURNMENT: Agency Chair Jones adjourned the meeting at 9:30 p.m. CHAIRMA~ OF THE'CYPRI REDEVELOPMENT AGENCY ATTEST: SECRETARY OF THE CYPRESS REDEVELOPMENT AGENCY