CRA 94-06-27 MINUTES OF A REGULAR MEETING OF THE
CYPRESS REDEVELOPMENT AGENCY
HELD
June 27,1994
Agency Chairman Partin called the meeting of the Cypress Redevelopment Agency to
order at 9:10 p.m. on Monday, June 27,1994, in the Council Chamber, 5275 Orange
Avenue, Cypress.
PRESENT:Agency Members Age, Kerry, Nicholson and Partin
ABSENT:Agency Member Bowman
MINUTES: it was moved by Agency Member Age and seconded by Agency member Kerry
to approve the Minutes of June 13,1994 as submitted. The motion unanimously carried
by the following roll call vote:
AYES:4 AGENCY MEMBERS: Age, Kerry, Nicholson and Partin
NOES:0 AGENCY MEMBERS: None
ABSENT: 1 AGENCY MEMBERS: Bowman
CONSIDERATION OF THE ADOPTION OF THE 1994-95 BUDGET FOR THE CYPRESS
REDEVELOPMENT AGENCY: The Executive Director requested the Finance Director to
present the staff report dated June 16, 1994 which described the final phase of the
budget process. The recommendations made by the Agency Board have been
incorporated into the document presented for adoption. The total proposed budget is
$375,830 or 31.2% higher than the previous year's adopted budget. The increase in
Capital Projects represented property acquisition and relocation costs in the Civic Center
and Lincoln Avenue Project areas.
It was moved by Agency Member Nicholson and seconded by Agency Member Age to
adopt the 1994-95 Agency Budget as attached to the staff report. The motion
unanimously carried by the following roll call vote:
AYES:4 AGENCY MEMBERS: Age, Kerry, Nicholson and Partin
NOES:0 AGENCY MEMBERS: None
ABSENT:1 AGENCY MEMBERS: Bowman
ADJOURNMENT: Agency Chairman Partin adjourned the meeting at 9:15 p.m.
CHAIRMAN OF THE PRESS
REDEVELOPMENT AGENCY
ATTEST:
SECRETARY'bP'rFM -CYPRESS REDEVELOPMENT AGENCY