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MINUTE ORDER <br />JOINT CITY COUNCIL / SUCCESSOR AGENCY BOARD <br />PUBLIC FINANCING AUTHORITY MEETING <br />May 18, 2020 <br />MO. 20-074 <br />CITY CLERK DEPARTMENT <br />Redwood City <br />Date: May 20, 2020 <br />Attention: City Attorney <br />City Manager <br />**hard copy available upon request** <br />SUBJECT: Waive first reading and introduce an ordinance establishing special <br />revenue funds for the accounting of the Community Development Block <br />Grant (CDBG) funds, HOME Investment Partnerships Program (HOME) <br />funds, and to create a Housing Support Fund derived from Transient <br />Occupancy Tax (TOT) revenue from short term rental uses and AB 1717 <br />Prepaid Wireless Utility Tax revenue <br />AGENDA CONSENT ITEM: 6.J. (305) <br />Meeting of the Joint City Council/Successor Agency Board/Public Financing Authority <br />Meeting on May 18, 2020. <br />Present: Council Members Aguirre, Bain, Borgens, Hale, Masur, Reddy and Mayor <br />Howard <br />M/S Borgens/Aguirre to waive first reading and introduce an ordinance adding Sections <br />2.41.16 through 2.41.18 to Chapter 2, Article IV of the Redwood City Municipal Code to <br />establish special revenue funds in the City's financial system to be known as the CDBG <br />Fund, the HOME Fund and the Housing Support Fund. <br />Moi asses 7- roll c II vote. <br />�I1�uP? <br />Pamela Aguilar, CMC <br />City Clerk <br />