APPROVED MINUTES

SUNNYVALE REDEVELOPMENT AGENCY MEETING

TUESDAY, AUGUST 21, 2007

 

At 7:30 p.m. Agency Chair Lee convened the Redevelopment Agency (immediately following adjournment of the Sunnyvale City Council Meeting).

 

Pursuant to Government Code Section 54953, Subdivision (b), the following Council meeting included teleconference participation by Councilmember Melinda Hamilton from 57469 Kamehameha Highway, Kahuku, Hawaii, 96731.This Notice and Agenda was posted at the teleconference location; public comment from such address was allowed.

 

REDEVELOPMENT AGENCY ROLL CALL

 

PRESENT:

Agency Chair Otto Lee

Agency Vice Chair Anthony Spitaleri

Agency Member John Howe

Agency Member Dean J. Chu

Agency Member Ron Swegles

Agency Member Melinda Hamilton (participation via teleconferencing)

Agency Member Christopher Moylan

 

ABSENT:

None

STAFF PRESENT:

Agency Executive Director Amy Chan

Assistant City Manager Robert Walker

Agency Counsel David Kahn

Agency Secretary and Director of Redevelopment Hanson Hom

Agency Clerk Gail Borkowski

 

PUBLIC ANNOUNCEMENTS

 

None

 

CONSENT CALENDAR

 

MOTION: Agency Vice Chair Spitaleri moved and Agency Member Howe seconded to approve the Consent Calendar.

 

VOICE VOTE: 7-0 (Agency Member Hamilton teleconferencing)

 

RDA 1.A.

Approval of Draft Minutes of Regular Meeting of June 19, 2007

(previously approved on July 17, 2007)

 

RDA 1.B.

RDA 07-008

 

Investment and Cash Management Policy Update for Fiscal Year 2007/2008

 

 

Staff Recommendation: Agency adopts the attached Investment Policy for FY 2007/2008 as presented.

 

RDA 1.C.

RDA 07-009

 

Authorization for the Executive Director to Sign the Final Map (Tract No. 9925, Sunnyvale Town Center) – A 20-Lot Subdivision

 

 

Staff Recommendation:

·      Agency makes findings that Tract No. 9925 is consistant with applicable exhibits shown in the ARDDOPA;

·      Approves the final map; and

·      Authorizes the Executive Director to sign the final map on behalf of the Agency as a partial owner subject to Council’s approval of the final map.

 

STAFF RESPONSES TO PRIOR PUBLIC COMMENTS

 

None

 

PUBLIC COMMENTS

 

None

 

ADJOURNMENT

 

Agency Chair Lee adjourned the Redevelopment Agency meeting at 7:32 p.m.