CRA 96-08-26MINUTES OF A REGULAR MEETING OF THE
CYPRESS REDEVELOPMENT AGENCY
HELD
August 26, 1996
Chairman Bowman called the meeting of the Cypress Redevelopment
Agency to order at 4:36 p.m., Monday, August 26, 1996, in the
Council Chamber, 5275 Orange Avenue, Cypress.
PRESENT:
ABSENT:
Agency Members Age, Carroll, Kerry and Bowman
Agency Member Jones
WORKSHOP SESSION:
The Redevelopment Agency Board reviewed the long-term financial
projections of the Civic Center Project Area, the Agency's pass-
through agreements to other agencies and the Agency's cash flow
needs for the next three fiscal years.
The objective of the workshop was to update the Board on the
financial status of the Civic Center Project Area, the
alternatives to assist the area, to review the cash flow needs of
the Agency and confirm use of General Fund monies as a loan.
ADJOURNMENT:
5:25 p.m.
Agency Chairman Bowman adjourned the meeting at
CHAIRMAN OF
REDEVELOPMENT AGENCY
ATTEST:
THE CYPRESS
REDEVELOPMENT AGENCY