SA 06-19-2012 L.0>
CUPERTINO
APPROVED MINUTES
SUCCESSOR TO THE REDEVELOPMENT AGENCY
Regular Meeting
Tuesday, June 19, 2012
ROLL CALL
At 7:12 p.m. Chairman Mark Santoro called the regular meeting to order in the Council
Chamber, 10350 Torre Avenue, Cupertino, California.
Present: Chairman Mark Santoro, Vice-Chair Orrin Mahoney, and Agency members Barry
Chang, and Gilbert Wong. Absent: Agency member Rod Sinks.
JOINT MEETING OF THE CITY COUNCIL AND SUCCESSOR TO THE
REDEVELOPMENT AGENCY
PUBLIC HEARINGS
1. Subject: Annual Public Hearing and Adoption of the Fiscal Year 2012-13 Budget and
Establishment of the Appropriation Limit
Recommended Action: a. Grant a negative declaration; b. Adopt Resolution No. 12-070
establishing an Operating and Capital Budget for Fiscal Year 2012-13; c. Adopt Resolution
No. 12-071 establishing an Appropriation Limit for Fiscal Year 2012-13; d. Adopt
Resolution No. 12-02 establishing an Operating Budget for the Successor to the
Redevelopment Agency for Fiscal Year 2012-13; e. Approve Budget Timeline
Wong moved and Mahoney seconded to adopt Resolution No. 12-02 establishing an
Operating Budget for the Successor to the Redevelopment Agency for Fiscal Year 2012-13.
The motion carried with Sinks absent.
ADJOURNMENT
At 10:00 p.m. the meeting was adjourned.
Grace Schmidt, Secretary