MINUTES

PARADISE REDEVELOPMENT AGENCY

JUNE 28, 2005

The Regular Meeting of the Paradise Redevelopment Agency was called to order by Chairman Lotter at 8:35 p.m. in the Town Hall Council Chambers, located at 5555 Skyway, Paradise, California.

AGENCY DIRECTORS PRESENT: Steve "Woody" Culleton, Melvin "Sam" Dresser, Robin Huffman, Alan White and Scott Lotter, Chairman.

AGENCY DIRECTORS ABSENT: None.

STAFF PRESENT: Agency Secretary Rutledge, Executive Director Rough, Agency Counsel Moore, Assistant Executive Director Ivey, Community Development Director McGreehan, Fire Division Chief Simon and Police Chief Carrigan.

2. AGENCY CONSIDERATION

 

Agenda Item 2(a): MOTION by White, seconded by Culleton, approved the Minutes of the 6-14-05 Regular Redevelopment Agency Meeting. Roll call vote was unanimous.

RDA (MIN) [APPR] Minutes of the 6/14/05 Regular Meeting.

Agenda Item 2(b): MOTION by White, seconded by Culleton, approved a three-year loan agreement at an annual rate of 5% from the Town of Paradise to the Paradise Redevelopment Agency to provide the new Agency with continuing, initial start-up funds amounting to $124,149 to cover necessary administrative and program costs from 2003/04 and 2004/05 and authorizing the Executive Director to execute the loan agreement on behalf of the Agency. Roll call vote was unanimous.

RDA (AGT) [APPR] Three year loan agreement from the Town of Paradise to the Agency in the amount of $124,149 at a 5% annual rate of interest. (RDA 05-03)

3. PUBLIC COMMUNICATION

 

None.

 

4. ADJOURNMENT

 

MOTION by White, seconded by Culleton, adjourned the Redevelopment Agency Regular Meeting at 8:37 p.m. Agency vote was unanimous.

 

Approved: July 26, 2005

______________________ _____________________________

Scott Lotter, Chairman Frankie Rutledge, Agency Secretary

RDA 05-66