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Department Approval <br />� �� <br />UEST FOR COUNCIL ACTION <br />Manager Reviewed <br />( l'/ <br />Date: O1/O8/O1 <br />Item No.: �-4 <br />Item Description: An�ual Meeting of the Local Development Corporation <br />Agenda Section <br />Consent <br />Background <br />The City's Loca1 Deve opment Corporation was formed in 1988 to work with HUD regarding a low <br />interest loan program t Villa Park. The Corporation would be available for use in other similar <br />situations. � <br />Periodically the Counc � needs to meet as the Corporation and to elect new officers. <br />Financial <br />There are no financial <br />Staff <br />Staff is recommending <br />ns <br />as this is an organizational business item only. <br />the City Council set the meeting time on January 22, 2001 at 6: 15 p.m. <br />Council Action ! <br />Motion to approve Jan �� �ary 22, 2001 at 6: 15 p.m. as a date and time for the meeting of the Roseville <br />Loca1 Development C rporation. <br />