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<br /> . . '. <br /> Redevelopment Agency Director Church presented the staff report. In answer to <br />- Agency Members questions, Mr. Church advised that the current ERN prohibits any <br /> subsidies and the proposed resolution would approve negotiations that could possibly <br /> result in a subsidy for the proposed commercial project. Mr. Church confmned that the <br /> ERN required each side to absorb its own costs, and there would be no reimbursements for <br /> out of pocket expenses. <br /> In response to Agency Members questions, Mr. Church advised he would prepare a list of <br /> other projects that were scheduled to come before the Agency Board for consideration in <br /> the future, so that all projects could be considered before any subsidies were granted. <br /> MEMO 5/18/94 <br /> Director GreenaIch stated that he believed there had been a commitment to Trestine, and <br /> approving negotiations for subsidies, based on merit, was appropriate. <br /> TITLE READ. MIS: CLAIRE/GREENALCH <br /> RESOLUTION NO. RD-94- II APPROVING SECOND AMENDMENT OF SECOND <br /> ERN WITH TRESTINE GROUP, INC. <br /> APPROVED BY UNANIMOUS ROLL CALL VOTE. <br />--- ---------------------------------------------------------------------------------------------------------------------------- <br /> 6. CLOSED SESSION <br /> NONE <br /> ---------------------------------------------------------------------------------------------------------------------------- <br /> 5. ADJOURNMENT <br /> MIS: GASPARlNIILA BERGE TO ADJOURN THE MEETING <br /> MOTION CARRIED BY UNANIMOUS VOICE VOTE AND MEETING ADJOURNED AT <br /> 10:28 P.M. <br /> ~.~~ <br /> Redevelopment Agency Secretary <br />- <br /> Special Redevelopment Meeting Minutes MINUTE BOOK NO.1 <br /> May 16, 1994 Page No. 185 <br /> Page 2 <br />