HomeMy WebLinkAboutMinutes - August 4, 1980 - RAi
CIVIC AUDITORIUM AZUSA, CALIFORNIA MONDAY, AUGUST 42 1980 7 35 P m
The Redevelopment Agency of the City of Azusa met in
regular session at the above time and place
Chairman Solem called the meeting to order Call to Order
Present at Roll Call Directors Decker, Pry, Cruz, Roll Call
Moses, Solem
Also Present City Attorney Newton, Executive Director
Dangleis, City Department Heads, Secretary
Solis
There being no additions or corrections, the Minutes of Ap�vl Min of
the July 21, 1980, regular meeting stand approved as 7/21/80 mtg
written
Moved by Director Moses, seconded by Director Decker CRA residentl
and unanimously carried by roll call to approve the rehab loans
CRA residential rehabilitation loans as follows
Authorize the City of Azusa to administer a low and
moderate income loan fund, allocate $200,000 00 to
be loaned without additional authorization with a
maximum of $20,000 00 per loan, authorize a loan
rate of six (6) per cent simple interest, qualify-
ing criteria and loan procedures to be the same as
the 312 loan program, and that all interviewing,
qualifying, inspections, etc , to be handled through
the 312 loan office HCDS funds will be used to pay
the processing fees
Moved by Director Decker, seconded by Director Cruz
Appvl purch
and unanimously carried by roll call that Executive Director
Robutz prpty
accept from Forrest City Dillon the assignment of the
& updated
option to purchase the Robutz property in the amount of
appsl on
$753000 00, and also to advise Mrs Robutz notice to
Andrews prpty
exercise the option and open a 30 day escrow to acquire
the property, contingent upon the granting of the loan
commitment of the California Finance Agency (Meeting
of said Agency to be held August 14, 1980 ) Also, that
Executive Director be authorized to receive an up -dated
appraisal of the Andrews property
Moved by Director Moses, seconded by Director Fry and
Ap vl Agmt
unanimously carried by roll call to approve Agreement
w/Mr & Mrs
between Mr & Mrs John Gonzales for certain items involved
Gonzales
in City's acquisition of their house
Moved by Director Cruz, seconded by Director Moses and
Adjourn
unanimously carried to adjourn
Time of Adjournment 7 45 p m
Resolution #45