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1997-0618_FLUIDMASTER, INC._Item Rescheduled CITY OF SAN SCAN CAPISTRANO 00 Z S U ; a i San loan faPvrano K ('ommunny Redeval+Pmcm Ayymy f F �1v-._ ���w. II- VL, IiTYI D Ym111mlmIlmat} alml Immmmm m f a A 8 CITY OF SAN 11:AN ('APISIRANO K San Juan Capistrano Community Redevelopment Agency June 18, 1997 Mr. Robert Anderson Schoepe Fluidmaster, Inc. 1800 Via Burton P. O. Box 4264 Anaheim, California 92803 Re: Owner Participation Agreement Dear Mr. Schoepe: At their meeting of June 17, 1997, the San Juan Capistrano Community Redevelopment Agency Board of Directors approved an Owner Participation Agreement with Fluidmaster, Incorporated, to provide for Agency assistance in the amount of $40,000 per year for 20 years, to offset costs of off-site improvements and various governmental taxes. A fully-executed copy of the Owner Participation Agreement is enclosed for your files. The City Council had been scheduled to approve an agreement relating to a deferral of development taxes and fees. However, that item was withdrawn from consideration at the June 17, 1997, meeting. We will notify you when the item is again scheduled for Council consideration. Please feel free to contact Douglas Dumhart at 443-6316 if you have any questions. Very truly yours, 9C)44-14 -4-- Cheryl Johnson Agency Secretary Enclosure cc: Ken Friess Tom Merrell Douglas Dumhart 32400 Paseo Adelanto San Juan Capistrano California 92675 714-493-1171