HomeMy WebLinkAboutJUNE 21,1977
IMU~'
MINUTE
APPROVAL
REPAYMENT
OF LOAN
APPROVED
1
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M I NUT E S
ARCADIA REDEVELOPMENT AGENCY
REGULAR MEETING
JUNE 21, 1977
The Arcadia Redevelopment Agency met in regular session on June 21,
1977 at 9:30 p.m. in the Arcadia City Hall Council Chamber.
PRESENT:
ABSENT:
Members Gilb, Lauber, Margett, Parry, Saelid
None
On MOTION by Member Lauber, seconded by Member Parry and carried unani-
mously the minutes of the regular meeting of June 7 ~Tere APPROVED.
On recommendation of the Executive Director it was MOVED by Member
Gilb, seconded by Member Margett and carried on roll call vote as
follows that the Agency hereby authorizes the return to the City of
the loan covering current year operating costs of the Agency plus
interest at 7 percent to the General Fund from tax increments of
the Agency.
AYES:
NOES:
ABSENT:
Members Gilb, Lauber, Margett, Parry, Saelid
None
None
At 9:35 p.m. the meeting adjourned sine die.
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Secretary
ABA
6-21-77