HomeMy WebLinkAbout021396 RDA Minutes MINUTES OF A REGULAR MEETING
OF THE TEMECULA REDEVELOPMENT AGENCY
HELD FEBRUARY 13, 1996
A regular meeting of the City of Temecula Redevelopment Agency was called to order at
8:20 PM at the Community Recreation Center, 30875 Rancho Vista Road, Temecula,
California. Chairperson Patricia H. Birdsall presiding.
PRESENT: 5 AGENCY MEMBERS: Ford, Lindemans, Roberts,
Stone, Birdsall
ABSENT: 0 AGENCY MEMBERS: None
Also present were Executive Director Ronald E. Bradley, General Counsel Peter Thorson
and City Clerk June S. Greek.
PUBLIC COMMENT
None given.
CONSENT CALENDAR
It was moved by Agency Member Lindemans, seconded by Agency Member Stone to
approve Consent Calendar Item No. 1. The motion was unanimously carried with Agency
Member Ford abstaining.
1 Minutes
1.1 Approve the minutes of January 23, 1996
AGENCY BUSINESS
2Temecula O.N.E. Or)eration Neighborhood Enrichment
Agency Member Stone stepped down due to a conflict of interest based on
property ownership in the Old Town area.
Assistant City Manager Mary Jane McLarney presented the staff report.
Senior Planner John Meyer stated that this program would enable the City of
Temecula to proactively deal with law enforcement, housing and human
resource issues throughout the community. He stated staff is currently
working with a consultant who will conduct a needs assessment survey.
Temecula Police Officers Dave Harwood and Mike Teachea explained that
this is a cooperative effort to prevent crime and the P.O.P. Team will be
establishing dialog with the Apartment Managers Association to deal with
specific crimes which may occur in the apartment complexes. The field
office for the P.O.P. Team will be located in the Pujol Street Caboose.
Minutes.rda\021396
3Rancho West Apartments Proi)osed Tax-Exemr)t Financinci
Agency Member Stone announced a conflict of interest.
Senior Planner John Meyer presented the staff report.
It was moved by Agency Member Lindemans, seconded by Agency Member
Ford to approve 3.1 - Resolution No. RDA 96-; 3.2 and 3.3. The motion
carried as follows:
AYES: 4 AGENCY MEMBERS: Ford, Lindemans, Roberts,
Birdsall
NOES: 0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
ABSTAIN: 1 AGENCY MEMBERS: Stone
4Comr)arison of Current Loan Programs
Assistant City Manager Mary Jane McLarney presented the staff report.
Agency Member Stone expressed concern using the full amount of equity of
store fixtures when granting loans. He recommended fixtures be granted
parallel to the SBA loan program of only 75% to 80% of the value. He also
suggested a fixture loan of 100% if the City is guaranteed repayment
through the use of an equitable co-signor.
It was moved by Agency Member Lindemans, seconded by Agency Member
Stone to approve staff recommendation with the change that equity of
fixtures will parallel the SBA loan program. The change will allow 75% to
80% of the value of fixtures to be used in determining assets and allowing
an option of loaning 100% with an equitable co-signor.
The motion carried as follows:
AYES: 5 AGENCY MEMBERS: Ford, Lindemans, Roberts,
Stone, Birdsall
NOES: 0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
EXECUTIVE DIRECTOR'S REPORT
None given.
Minutes.rda\021396 -2-