CRA 93-12-13 MINUTES OF A REGULAR MEETING OF THE
CYPRESS REDEVELOPMENT AGENCY
HELD
December 13, 1993
Agency Chairman Partin called the meeting of the Cypress
Redevelopment Agency to order at 10:10 p.m. on Monday, December
13, 1993, in the Council Chamber, 5275 Orange Avenue, Cypress.
PRESENT:Agency Members Age, Bowman, Kerry, Nicholson and
Partin
ABSENT: None
MINUTES: It was moved by Agency Member Bowman and seconded by
Agency Member Kerry to approve the Minutes of November 22, 1993
as submitted. The motion unanimously carried by the following
roll call vote:
AYES:5 AGENCY MEMBERS: Age, Bowman, Kerry, Nicholson
and Partin
NOES:0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
CONSIDERATION OF REDEVELOPMENT AGENCY MATTERS: The Executive
Director presented the staff report dated December 1, 1993, which
indicated that every redevelopment agency file an annual report
with the legislative body and the California State Department of
Housing and Community Development within six months of the end of
the fiscal year. The annual report has been completed to satisfy
this mandate.
Agency Member Bowman had a question on the set aside money. The
Finance Director responded that the tax increment is net after
pass-thru, while the 20'-. set aside is based on the gross property
tax increment before pass thru.
It was moved by Agency Member Bowman and seconded by Agency
Member Kerry to receive and file the Fiscal Year 1992-1993 Annual
Report to the legislative body (City Council) and the California
State Department of Housing and Community Development. The
motion unanimously carried by the following roll call vote:
AYES:5 AGENCY MEMBERS: Age, Bowman, Kerry, Nicholson
and Partin
NOES:0 AGENCY MEMBERS: None
ABSENT:0 AGENCY MEMBERS: None
ADJOURNMENT: Agency Chairman Partin adjourned the meeting at
10:15 p.m.
CHAIRMAN OF THE CYPRESS
REDEVELOPMENT AGENCY
ATTEST: