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CRA 93-06-28 MINUTES OF A REGULAR MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD June 28, 1993 Agency Chairman Kerry called the meeting of the Cypress Redevelopment Agency to order at 9:50 p.m. on Monday, June 28, 1993, in the Council Chamber, 5275 Orange Avenue, Cypress. PRESENT:Agency Members Age, Bowman, Partin and Kerry ABSENT:Agency Member Nicholson MINUTES: It was moved by Agency Member Bowman and seconded by Agency Member Age to approve the Minutes of June 14, 1993, as submitted. The motion unanimously carried by the following roll call vote: AYES:4 AGENCY MEMBERS: Age, Bowman, Partin and Kerry NOES:0 AGENCY MEMBERS: None ABSENT: 1 AGENCY MEMBERS: Nicholson CONSIDERATION OF THE ADOPTION OF THE 1993-94 BUDGET FOR THE CYPRESS REDEVELOPMENT AGENCY: The Executive Director presented the staff report dated June 22, 1993, which stated that the preliminary Redevelopment Agency budget was reviewed with staff at the June 21, 1993 workshop. The Agency's proposed total expenditures are $1,660,720. The Agency will be implementing a Five Year Community Development Strategy Plan in addition to coordinating the master planning of the Wicker Drive Properties and the implementation and development of the Lincoln Avenue and Los Alamitos Race Track Redevelopment Project areas. It was moved by Agency Member Partin and seconded by Agency Member Bowman to adopt the 1993-94 Agency Budget as per the attachment. AYES:4 AGENCY MEMBERS: Age, Bowman, Partin and Kerry NOES:0 AGENCY MEMBERS: None ABSENT:1 AGENCY MEMBERS: Nicholson ADJOURNMENT: Agency Chairman Kerry adjourned the meeting at 9:55 p.m. CHAIRMAR OF THE SS REDEVELOPMENT AG@CY ATTEST: SECRETARY 'OF-THE CYPRESS REDEVELOPMENT AGENCY