File #: 08-00517    Version: 1
Type: Agenda Item Status: Passed
File created: 5/23/2008 In control: BOARD OF SUPERVISORS
On agenda: 6/3/2008 Final action: 6/3/2008
Title: Acting as the Redevelopment Agency Board of Directors: Consider recommendations regarding the County/ Redevelopment Agency Repayment Agreement, as follows: (4/5 Vote Required) a) Consider and adopt a Resolution approving and authorizing the Chair to execute a repayment agreement between the County of Santa Barbara and the Santa Barbara County Redevelopment Agency in an amount not to exceed $18,000,000; and b) Approve a Budget Revision Request BJE 2007276 to record the $18 million loan, which consists of $13.4 million into Fund 3107 (Project Fund) and $5.7 million into fund 3104 (Debt Service Fund).
Sponsors: COUNTY EXECUTIVE OFFICE, BOARD OF DIRECTORS, REDEVELOPMENT AGENCY
Attachments: 1. Board Letter
Title
Acting as the Redevelopment Agency Board of Directors:
 
Consider recommendations regarding the County/ Redevelopment Agency Repayment Agreement, as follows: (4/5 Vote Required)
 
a) Consider and adopt a Resolution approving and authorizing the Chair to execute a repayment agreement between the County of Santa Barbara and the Santa Barbara County Redevelopment Agency in an amount not to exceed $18,000,000; and
 
b) Approve a Budget Revision Request BJE 2007276 to record the $18 million loan, which consists of $13.4 million into Fund 3107 (Project Fund) and $5.7 million into fund 3104 (Debt Service Fund).
Body
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