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CITY OF RIVERSIDE COUNCILMEMBERS <br />0"7Tt7 J"d"UWT1kTA"WW <br />Minutes of: Adjourned Regular Meeting of the City Council <br />Date of Meeting: January 18, 2000 <br />Time of Meeting: 8 a.m. <br />Place of Meeting: Council Chamber, City Hall <br />WARDS <br />B <br />E <br />A <br />T <br />Y <br />1 <br />M <br />O <br />O <br />R <br />E <br />12 <br />D <br />E <br />F <br />E <br />B <br />A <br />G <br />H <br />13 <br />K <br />A <br />N <br />E <br />14 <br />C <br />L <br />I <br />F <br />o <br />R <br />D <br />5 <br />T <br />H <br />O <br />M <br />s <br />O <br />N <br />16 <br />P <br />E <br />A <br />R <br />o <br />N <br />7 <br />Roll Call: <br />Present <br />X <br />X <br />X <br />X <br />X <br />X <br />X <br />JOINT ITEM WITH REDEVELOPMENT AGENCY - GOLDWARE SENIOR <br />HOUSING - THOMAS SAFRAN AND ASSOCIATES - REFERRED IN PART <br />Following discussion, the City Council (1) referred the issue of authorizing the <br />expenditure of up to $1,000,000 in HOME funds as a local match for the first tax <br />credit proposal for the Goldware Senior Housing project to the January 24, 2000, <br />Finance Committee meeting for review and recommendation and report back to the <br />Redevelopment Agency and City Council on February 1, 2000; (2) authorized the <br />City to prepare a Grant Deed to transfer ownership of the Goldware Senior Housing <br />site from the City to the Agency with an Option to Repurchase and Purchase and Sale <br />Agreement which will be presented to the City for execution at the February 1, 2000, <br />joint City Council and Redevelopment Agency meeting and public hearing; and <br />(3) authorized staff to take all the necessary steps to assist Thomas Safran and <br />Motion <br />X <br />Associates (TSA) in preparing a competitive Tax Credit application. <br />Second <br />X <br />All Ayes <br />The Adjourned Regular Meeting was adjourned at 9:10 a.m. <br />Respectfully submitted, <br />A A. CORREA <br />Assistant City Clerk <br />85-201 <br />