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were the most frequently mentioned group with police officers and other City employees <br /> mentioned as well. The committee devised a program that provides incentives to those <br /> groups to obtain first access to the money. The money must be available to others as well <br /> but first priority may be given to those targeted groups. The plan was to provide incentive <br /> to stay within their employment. The committee recommendation provides priority to <br /> teachers and City employees. Some issues arose around defining the targeted groups, <br /> particularly, regarding teachers. The recommendations include limiting to teachers only, <br /> limiting to just RCSD and Sequoia Union High School Districts, limit the program to just <br /> Woodside and Sequoia High Schools but all the RCSD schools in or out of the City limits, <br /> if a teacher was eligible because of the school and later moved to a non-eligible school, <br /> they would not be required to repay the loan. He explained in detail the program and that <br /> the funding would come from Redevelopment Funds of $1.5 million dollars for the first <br /> year in the proposed budget to be presented on June. <br /> <br /> Public Comment: <br /> <br /> Johanna Rasmussen stated she was speaking in support of the program on behalf of the <br /> Redwood City Police Officers Association, the officers and their families. She stated she <br /> has attended the committee meetings and has seen the program guidelines and that it is <br /> excellent and realistic considering the current housing market. She requested support from <br /> Council in approving the program guidelines. <br /> <br /> Meg Grulich, a teacher in San Mateo County for 15 years and beginning her 11th year in <br /> Redwood City in August. She stated she is excited about the program. She stated it's an <br /> important program and she is a single parent as sole supporter of her child and her <br /> household includes her retired mother. Without the program she could neither rent nor own <br /> a home in Redwood City, the city where she loves the kids and families. <br /> <br /> M/S Jordan/Hartnett to approve the report constituting the Program Guidelines. The <br /> motion passed by a unanimous voice vote. <br /> <br /> M/S Howard/Ira to approve the contract with First Home Incorporated (FHI) for the <br /> administration of the First Time Home Buyer (FTHB) Program by Resolution: <br /> <br /> RESOLUTION RD-51 APPROVING AND AUTHORIZING EXECUTION OF <br /> AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF <br /> REDWOOD CITY AND FIRST HOME, INC. IN CONJUNCTION WITH THE FIRST <br /> TIME HOMEBUYER PROGRAM; (405) <br /> <br /> The motion passed by a unanimous roll call vote. <br /> <br />8. CLOSED SESSION- None <br /> <br />9. ADJOURNMENT- 11:30 p.m. <br /> <br /> REGULAR REDEVELOPMENT AGENCY MEETING JUNE 12, 2000 <br /> MINUTES PAGE 3 <br /> MINUTES BOOK NO. 2 <br /> Page No. 52 <br /> <br /> <br />