HomeMy WebLinkAboutPCDC Minutes 11/07/1994MINUTES
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3 PETALUMA COMMUNITY DEVELOPMENT COMMISSION
4 MEETING
5
6 MONDAY, NOVEMBER 7,1994
7 ROLL CALL•
8 Present: Parkerson, Read, Hamilton, Barlas, Shea, Chairman
9 Hilligoss
to Absent: Vice Chairman Sobel
11 MINUTES:
12 The minutes for September 7 were approved as amended:
13 Page 1, Resolutions 94-9 and 94-10 - The Ayes Vote should indicate "Read"
14 instead of "Sobel'.
15 The minutes for October 17 were approved as submitted.
16 RES0.94-14
17 LOAN: PCDC AND CORONA CRESCENT INC.
18 Resolution 94-14 approving a $70,000 loan between Petaluma Community
19 Development Commission (PCDC) and Corona Crescent,Inc. On May 2, 1994,
20 the PCDC allocated $200,000 to Eden Housing, Inc. to assist first time
21 homebuyers in their purchase of homes at Corona Crescent, a development of
22 Eden Housing. It has been found that a loan would be of mutual benefit to both
23 the homebuyers by assisting with the up front costs. Introduced by Nancy Read,
24 seconded by Lori Shea.
25 Ayes: Parkerson, Read, Hamilton, Barlas, Shea, Chairman
26 Hilligoss
27 Noes: None
28 Absent: Vice Chairman Sobel
29 ADJOURN
30 At 7:05 p.m. the meeting was adjourned.
M. Patricia Hilligoss, Chairman
31
32 Attest:
33 Patricia E. Bernard, Recording Secretary
PCDC Meeting
Monday, November 7, 1994 Page 1 of 1 1