HomeMy WebLinkAboutcc min 1998/11/24 RDA MINUTES OF A SPECIAL JOINT MEETING OF THE REDEVELOPMENT AGENCY/
CITY COUNCIL OF TRE CITY OF CHULA VISTA
Tuesday, November 24, 1998 Council Chambers
6:19 p.m. Public Services Building
CALL TO ORDER
1. ROLL CALL:
PRESENT: Agency/Councilmembers: Moot, Rindone, Salas, and
Chair/Mayor Horton
ABSENT: Agency/Councilmembers: Padilla
ALSO PRESENT: Executive Director/City Manager, David D. Rowlands; Legal
Council/City Attorney, John M. Kaheny; Deputy City Clerk,
Charline Long; and Carla Griffin.
CONSENT ITEMS
(Item pulled: none)
CONSENT CALENDAR OFFERED BY AGENCY/COUNCILMEMBER RINDONE, headings read, texts
waived, passed and approved 4-0-1 (Padilla absent)~
2. APPROVAL OF MINUTES: November 3, 1998
3. COUNCIL RESOLUTION 19283 AND AGENCY RESOLUTION 1611 AUTHORIZING PARTICIPATION
BY THE CITY OF CHULA VISTA WITH THE COUNTY OF SAN DIEGO IN THE SAN DIEGO REGIONAL
MORTGAGE CREDIT CERTIFICATE PROGRAM--The Mortgage Credit Certificate (MCC)
Program was created as an alternative to mortgage revenue bond-backed financing
to provide home ownership assistance to lower income households. MCC allocations
to local jurisdictions have decreased in recent years. Chula Vista's allocation
was reduced 43 percent in 1998 from the 1997 allocation. In 1994, the San Diego
Regional MCC Program was established to allow other jurisdictions to participate
in issuing MCCs without creating their own program. Chula Vista and two other
cities operate their own MCC programs while Coronado, Santee, National City,
Escondido, Poway, Vista, Encinitas, La Mesa, E1 Cajon, and Carlsbad have
partnered with the County of San Diego and the San Diego Regional MCC Program.
Staff feels the downward trend will continue and recommends approval of the
resolution to join the San Diego Regional MCC Program in applying for 1999 MCC
funds. (Community Development Director)
ITEMS PULLED FROM THE CONSENT CALENDAR
None
ORAL COMMUNICATIONS
None
OTHER BUSINESS
None
RDA Minutes
November 24, 1998
Page 2
4. DIRECTOR/CITY MANAGER'S REPORT(S} - None.
5. CHAIR/MAYOR'S REPORT(S) - None.
6. AGENCY/COUNCIL MEMBER COMMENTS - None.
ADJOURNMENT
The meeting adjourned at 6:20 p.m.
Respectfully submitted,
BEVERLY A. AUTHELET, CMC/AAE, City Clerk
.By:
Charline Long, Deputy City Clerk