FEBRUARY 1, 2011
REGULAR CITY COUNCIL MEETING – 2:00 PM
REGULAR REDEVELOPMENT AGENCY MEETING – 2:00 P.M.
The City Clerk has on Friday, January 28, 2011, posted this agenda in the Office of the City Clerk, on the City Hall Public Notice Board on the outside balcony of City Hall, and on the Internet.
REDEVELOPMENT AGENCY REPORTS
9. Subject: Request From Councilmember Rowse For Reconsideration Of Agenda Item No. 12 From The January 25, 2011, City Council Meeting - Grant To Housing Authority For Acquisition Of 2904 State Street (660.04)
Recommendation: Councilmember Rowse is requesting reconsideration of the following action:
A. Approval of a grant of $1,150,000 in Redevelopment Agency Housing Setaside Funds to the Housing Authority of the City of Santa Barbara for the acquisition of 2904 State Street, and authorize the Agency's Deputy Director to execute a grant agreement and related documents in a form approved by Agency Counsel, and to make non-substantive changes;
B. Appropriation of $1,150,000 in the Redevelopment Agency Housing Setaside Funds from unappropriated reserves for the grant; and
C. Adoption of a Joint Resolution of the Council of the City of Santa Barbara and the Redevelopment Agency of the City of Santa Barbara Finding that the Use of Redevelopment Agency Housing Setaside Funds as a Grant to the Housing Authority of the City of Santa Barbara for Acquiring an Affordable Housing Site Located Outside the Central City Redevelopment Project (CCRP) Area at 2904 State Street Will Be of Benefit to the CCRP.