APPROVAL OF MINUTES Regular Meeting of January 10, 2006.

PUBLIC ORAL COMMUNICATIONS (three-minute time limit)

CONSENT:

1. RATIFICATIONS: EXPENDITURES FOR THE PERIOD OF 01/13/06 THROUGH 02/15/06 FOR $1,649,276.00.

2. RESOLUTION NO. 2006-10: APPROVING AN AGREEMENT TO SUBORDINATE THE COMMUNITY DEVELOPMENT COMMISSION'S LOAN TO THE CDC SMALL BUSINESS FINANCE LOAN (NO RELATION TO THE COMMUNITY DEVELOPMENT COMMISSION), RELATED TO THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE COMMUNITY DEVELOPMENT COMMISSION AND ROBERT D. YOUNG, AND AUTHORIZING THE CHAIRMAN TO EXECUTE THE AGREEMENT.

3. RESOLUTION NO. 2006-11: APPROVING AGREEMENTS WITH THE PORT OF SAN DIEGO AND THE COUNTY OF SAN DIEGO RELATED TO SOILS TESTING FOR THE NATIONAL CITY AQUATIC CENTER AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE THE AGREEMENTS.

4. RESOLUTION NO. 2006-12: AUTHORIZING INVESTMENT OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND (LAIF).

NON - CONSENT/NEW BUSINESS:

5. PUBLIC HEARING AND RESOLUTION NO. 2006-13: APPROVING A LEASE WITH FRANK MOTORS, INCORPORATED TO USE THE WESTERN PORTION OF THE ACE METALS SITE (APN# 559-118-02) FOR VEHICLE STORAGE AS A SHORT-TERM/INTERIM USE, PRIOR TO THE ENVIRONMENTAL CLEAN UP OF THE SITE AND AUTHORIZING THE CHAIRMAN TO EXECUTE THE LEASE.

6. RESOLUTION NO. 2006-14: AUTHORIZING THE EXECUTIVE DIRECTOR TO TRANSFER $698,474 OF TAX INCREMENT REVENUE TO THE COUNTY AUDITOR FOR THE COMMUNITY DEVELOPMENT COMMISSION'S SHARE OF FISCAL YEAR 2005-2006 OBLIGATION TO THE EDUCATION REVENUE AUGMENTATION FUND.

7. RESOLUTION NO. 2006-15: AMENDING SECTION 2 OF ARTICLE III OF THE BY-LAWS OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY, PERTAINING TO MEETING TIMES.

8. RESOLUTION NO. 2006-16: APPROVING THE APPROPRIATION OF AN ADDITIONAL $33,529 FOR THE PREPARATION OF THE WESTSIDE SPECIFIC PLAN.

9. REPORT: COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2005.

10. SCHEDULE A REDEVELOPMENT WORKSHOP FOR MARCH 25, 2006.

CLOSED SESSIONS: Conference with Legal Counsel - Existing Litigation Government Code Section 54956.9 (a) Tiger Trust v. Community Development Commission of the City of National City, et al. San Diego Superior Court Case No. GIS 23190 Conference with Legal Counsel - Anticipated Litigation Initiation of Litigation Pursuant to Government Code Section 54956.9 (c) (Three potential cases)

CDC ATTORNEY:

EXECUTIVE DIRECTOR:

CHAIRMAN/COMMISSIONERS:

ADJOURNMENT: To the regular meeting on March 7, 2006 at 6:00 p.m. in the Council Chambers at City Hall