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06-30-1992 - RegularTuesday June 30, 1992 ADJOURNED REGULAR JOINT MEETING OF THE WEST COVINA CITY COUNCIL AND WEST COVINA REDEVELOPMENT AGENCY BOARD A G E N D A 6:00 pm MRC, Room 314 Agenda material is available for review in the City Clerk's Office, Room 318 at City Hall, 1444 W. Garvey Avenue. For sign language interpreter services, please call (818) 814-8433 (voice) or (818) 960-4422 (TTY). Four working days notice is required. PLEDGE OF ALLEGIANCE ROLL CALL City Council: Manners, Jennings, Herfert, McFadden, Wong Agency Board: Manners, Jennings, Herfert, McFadden, Wong I ADULT ORIENTED BUSINESS URGENCY ORDINANCE The proposed interim urgency ordinance would provide regulations for adult oriented business. IT IS RECOMMENDED THAT: The City Council adopt the following ordinance: I certify that copies of the Council Agenda for the meeting of —36— -2 were posted in accordance with the 1/87 Brown Act Amendments. Dated: G e2G • 9� Office of the City Clerk AN INTERIM URGENCY ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, PERTAINING TO REQUIREMENTS FOR THE ESTABLISHMENT AND OPERATION OF ADULT ORIENTED BUSINESSES AND AMENDING ARTICLE VI OF CHAPTER 15 OF THE WEST COVINA MUNICIPAL CODE RELATING TO PUBLIC INDECENCY City Council action: Motion by 2nd by TO: Adopt Disapprove Holdover II FINANCING AGREEMENT BETWEEN THE CITY OF WEST COVINA AND THE WEST COVINA REDEVELOPMENT AGENCY In light of potential efforts by the State Legislature to take unrestricted. balances of Redevelopment Agencies for various purposes, and in consideration of the existing debt owed by the Redevelopment Agency to the City of West Covina, staff has prepared a financing agreement between the City and :the Agency which will require the Agency to repay the City's loan to the maximum extent available, and will create a new revolving fund to finance the Agency's economic development activities. IT IS RECOMMENDED THAT: The City Council adopt the following resolution: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF WEST COVINA, CALIFORNIA, APPROVING A FINANCE AGREEMENT WITH THE CITY OF WEST COVINA. The Redevelopment Agency Board adopt the following resolution: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF WEST COVINA, CALIFORNIA, APPROVING A FINANCE AGREEMENT WITH THE CITY OF WEST COVINA. City Council action: Motion by TO: Adopt Agency Board action: Motion by TO• Adopt 2nd by Disapprove Holdover 2nd by Disapprove Holdover III BUDGET STUDY SESSION The City Council will review the preliminary FY1992-93 City, Redevelopment Agency, and Capital Improvement budgets. IV ORAL COMMUNICATIONS City Council action: Motion by 2nd by to adjourn the meeting at pm. Agency Board action: Motion by 2nd by to adjourn the meeting at pm.