M-1/12/1988
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CITY OF SANTA MONICA
REDEVELOPMENT AGENCY MINUTES
JANUARY 12, 1988
A special joint meeting of the City Council and Redevelopment
Agency was called to order by Chairperson Conn at 7:39 p.m.
Roll Call: Present: Chairperson James P. Conn
Chairperson Pro Tempore Herb Katz
Agency Member David B. Finkel
Agency Member William H. Jennings
Agency Member Alan S. Katz
(entered at 7:46 p.m.)
Agency Member Christine E. Reed
Agency Member Dennis Zane
(entered at 7:56 p.m.)
Also Present: Executive Director John Jalili
Agency Attorney Robert M. Myers
Agency Secretary Ann M. Shore
CC/RA-l: DOWNTOWN/OCEAN PARK REDEVELOPMENT PROJECTS: Presented
was a staff report recommending approval of renewal of
outstanding promissory notes for the Downtown and Ocean Park
Redevelopment Projects and authorizing the Chairperson to
execute. Discussion was held. Redevelopment Agency Member
Finkel moved to approve the staff recommendation, there by
approving and authorizing the Chairperson to execute six
promissory notes between the Agency and the city, extending the
loans for the 1988 calendar year. Second by Chairperson Pro
Tempore H. Katz. The motion was approved by the following Vote:
Redevelopment Agency vote: unanimously approved 5-0
Absent: Redevelopment Agency members A. Katz
and Zane
(Note: This item was reconsidered after Item 7-D to enable the
City Council to vote.)
ADJOURNMENT: At 7:50 p.m., the Redevelopment Agency meeting was
adjourned.
CC/RA-l (Considered earlier in the meeting): DOWNTOWN/OCEAN PARK
REDEVELOPMENT PROJECTS: There was no obj ection to
reconsideration of Item CC/RA-l to enable the City council to
vote. Discussion was held. Councilmember Reed moved to approve
the roll-over of loans from the city council to the Redevelopment
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January 12, 1988
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Agency as per the Redevelopment Agency staff report. Second by
Mayor Pro Tempore H. Katz. The motion was approved by the
following vote:
Council vote: Unanimously approved
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January 12, 1988