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CRA 91-01-14 MINUTES OF A MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD January 14, 1991 Agency Chairman Bowman called the meeting of the Cypress Redevelopment Agency to order at 11:46 p.m. on Monday, January 14, 1991 in the Cypress City Council Chamber, 5275 Orange Avenue, Cypress, California. PRESENT:Agency Members Age, Kerry, Nicholson, Partin and Bowman ABSENT: None MINUTES: It was moved by Agency Member Kerry and seconded by Agency Member Age to approve the Minutes of December 10, 1990. The motion carried by the following roll call vote: AYES:5 AGENCY MEMBERS: Age, Kerry, Nicholson, Partin and Bowman NOES:0 AGENCY MEMBERS: None ABSENT: 0 AGENCY MEMBERS: None CONSIDERATION OF AMENDED AGREEMENT BETWEEN THE CYPRESS CITY COUNCIL/REDEVELOPMENT AGENCY AND THE CYPRESS SCHOOL DISTRICT REGARDING THE REIMBURSEMENT OF TAX INCREMENT FUNDS FOR LINCOLN AVENUE REDEVELOPMENT PROJECT and CONSIDERATION OF AMENDED AGREEMENT BETWEEN THE CYPRESS CITY COUNCIL/REDEVELOPMENT AGENCY AND THE CYPRESS SCHOOL DISTRICT REGARDING THE REIMBURSEMENT OF TAX INCREMENT FUNDS FOR THE LOS ALAMITOS RACE TRACK AND GOLF COURSE REDEVELOPMENT PROJECT: The Executive Director reviewed the staff reports dated January 3, 1991, which indicated that these were technical modifications required pursuant to verbal discussions conducted with the Cypress Elementary School District. The School Board has approved these amendments. It was moved by Agency Member Kerry and seconded by Agency Member Partin to approve both the amended agreements as written. AYES:5 AGENCY MEMBERS: Age, Kerry, Nicholson, Partin and Bowman NOES:0 AGENCY MEMBERS: None ABSENT:0 AGENCY MEMBERS: None ADJOURNMENT:Agency Chairman Bowman adjourned the meeting at 11:48 p.m. /1 CHAIRMAN OF 'I'k REDEVELOPMENT AGENCY AT SECRE'I'ARY OF-'I-HE C)(IPRESS REDEVELOPMEN-R AGENCY