Call: 6:30 p.m.
from the Public: A total of thirty (30) minutes is scheduled. Each speaker is
limited to a maximum of three (3) minutes.
Action: The Redevelopment
Agency may take action related to any subject listed on the Agenda.
The Agency will consider removal and addition of items to the Consent Calendar prior to voting on the Consent Calendar. All items remaining on the Consent Calendar will be approved in one motion.
1. Minutes for Approval
Recommendation: Approve the minutes for Agency meeting of:
a) June 22, 1999 (special); and b) January 16, 2001 (special).
Contact: Sherry M. Kelly, Agency Clerk, 981-6900
City/Redevelopment Agency Loan Agreement
From: Executive Officer
Recommendation: Adopt a Resolution amending the City/Redevelopment Agency multi-year loan agreement to reduce the interest rate charged to the Redevelopment Agency from twelve (12) percent to the average Local Agency Investment Fund (LAIF) rate over the life of the balance plus one (1) percent.
Wendy Cosin, Planning and Development, 705-8102