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HomeMy WebLinkAbout112696 RDA Minutes MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY HELD NOVEMBER 26, 1996 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:56 P.M. at the Temecula City Hall Council Chambers, 43200 Business Park Drive, Temecula, California. Chairperson Patricia H. Birdsall presiding. PRESENT: 4 AGENCY MEMBERS: Ford, Lindemans, Stone, Birdsall ABSENT: 1 AGENCY MEMBERS: Roberts Also present were Executive Director Ronald E. Bradley, Agency General Counsel Peter Thorson and Agency Secretary June S. Greek. PUBLIC COMMENTS None given. CONSENT CALENDAR. It was moved by Agency Member Ford, seconded by Agency Member Lindemans to approve Consent Calendar Item No. 1. 1 . Minutes 1.1 Approve the minutes of November 12, 1996. The motion carried as follows: AYES: 4 AGENCY MEMBERS: Ford, Lindemans, Stone, Birdsall NOES: 0 AGENCY MEMBERS: None ABSENT: 1 AGENCY MEMBERS: Roberts EXECUTIVE DIRECTOR REPORT None given. AGENCY MEMBER'S REPORTS None given. RECESS Chairperson Birdsall recessed the meeting at 7:57 PM. The meeting was reconvened as a Joint City Council, Redevelopment Agency, Old Town Westside Community Facilities District Financing Authority and Old Town/Westside Improvement Authority Meeting at 7:57 PM. Minutes.rdal 1 2696 -1- JOINT MEETING OF THE CITY COUNCIL, THE TEMECULA REDEVELOPMENT AGENCY AND THE OLD TOWN TEMECULA WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY The joint meeting was called to order at 7:57 P.M. at City Council Chambers, 43200 Business Park Drive, Temecula, California. PRESENT: 4 AGENCY MEMBERS: Birdsall, Ford, Stone, Lindemans ABSENT: 1 AGENCY MEMBERS: Roberts CITY COUNCIL BUSINESS 1 .Approval of Final Documents for Old Town Public Improvement District Councilmember Stone announced a conflict of interest and stepped down from the dias. City Manager Ronald Bradley presented a brief staff report and introduced Paul Thimmig, Jones, Hall, Hill and White, Bond Counsel for the City and John McAlister, Stone and Youngberg, Investment Banker, to answer any questions of the City Council. It was moved by Mayor Pro Tem Birdsall, seconded by Councilmember Ford to approve staff recommendation 1.1 as follows: 1.1Adopt a resolution entitled: RESOLUTION NO. 96-135 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA AUTHORIZING FORMATION OF A JOINT EXERCISE OF POWERS AUTHORITY WITH THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA, AND DIRECTING CANCELLATION OF AMENDMENT TO JOINT COMMUNITY FACILITIES AGREEMENT The motion carried as follows: AYES: 3 COUNCILMEMBERS: Birdsall, Ford, Lindemans NOES: 0 COUNCILMEMBERS: None ABSENT: 1 COUNCILMEMBERS: Roberts ABSTAIN: 1 COUNCILMEMBERS: Stone 2.TEMECULA REDEVELOPMENT AGENCY BUSIN@ Bond Counsel Paul Thimmig presented the staff report. It was moved by Agency Member Lindemans, seconded by Agency Member Ford to approve staff recommendation 2.1 as follows: Minutes.rdal 1 2696 -2- 2.1Adopt a resolution entitled: RESOLUTION NO. RDA 96-21 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AUTHORIZING FORMATION OF A JOINT EXERCISE OF POWERS AUTHORITY WITH THE CITY OF TEMECULA The motion carried as follows: AYES: 3 COUNCILMEMBERS: Birdsall, Ford, Lindemans NOES: 0 COUNCILMEMBERS: None ABSENT: 1 COUNCILMEMBERS: Roberts ABSTAIN: 1 COUNCILMEMBERS: Stone It was moved by Agency Member Lindemans, seconded by Agency Member Ford to approve staff recommendation 2.2 as follows: 2.2Adopt a resolution entitled: RESOLUTION NO. RDA 96-22 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA ACCEPT GUARANTEES FOR THE COMPLETION OF PUBLIC IMPROVEMENTS FOR THE OLD TOWN AREA The motion carried as follows: AYES: 3 COUNCILMEMBERS: Birdsall, Ford, Lindemans NOES: 0 COUNCILMEMBERS: None ABSENT: 1 COUNCILMEMBERS: Roberts ABSTAIN: 1 COUNCILMEMBERS: Stone RECESS Chairperson Birdsall called a recess at 8:03 PM to allow the Mayor and Agency Chairperson to execute the Joint Powers Agreement establishing the Old Town/Westside Improvement Authority. The meeting was reconvened at 8:17 PM. 3.OLD TOWN/WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY Bond Counsel Paul Thimmig presented the staff report. It was moved by Board Member Lindemans, seconded by Board Member Ford to approve staff recommendation 3.1 as follows: Minutes.rdal 12696 -3- 3.1Adopt a resolution entitled: RESOLUTION NO. FA 96-12 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD TOWNIWESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY APPROVING SALE OF BONDS TO THE OLD TOWNIWESTSIDE IMPROVEMENT AUTHORITY, AND APPROVING OTHER RELATED DOCUMENTS AND ACTIONS The motion carried as follows: AYES: 3 BOARD MEMBERS: Ford, Lindemans, Birdsall NOES: 0 BOARD MEMBERS: None ABSENT: 1 BOARD MEMBERS: Roberts ABSTAIN: 1 BOARD MEMBERS: Stone 3.2Adopt a resolution entitled: RESOLUTION NO. FA 96-13 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY APPROVING CONSTRUCTION MANAGEMENT AND SUPERVISION AGREEMENT BETWEEN THE AUTHORITY AND FLUOR DANIEL, INC. AND A GUARANTY WITH FLUOR CORPORATION The motion carried as follows: AYES: 3 BOARD MEMBERS: Ford, Lindemans, Birdsall NOES: 0 BOARD MEMBERS: None ABSENT: 1 BOARD MEMBERS: Roberts ABSTAIN: 1 BOARD MEMBERS: Stone 4.OLD TOWN/WESTSIDE IMPROVEMENT AUTHORITY 4.1 Election of Chairperson and Vice Chairperson Minutes.rdal 1 2696 -4- It was moved by Board Member Birdsall, seconded by Board Member Lindemans to elect Board Member Birdsall as Chairperson and Board Member Ford as Vice- Chairperson. The motion carried as follows: AYES: 3 BOARD MEMBERS: Ford, Lindemans, Birdsall NOES: 0 BOARD MEMBERS: None ABSENT: 1 BOARD MEMBERS: Roberts ABSTAIN: 1 BOARD MEMBERS: Stone It was moved by Board Member Lindemans, seconded by Board Member Ford to approve staff recommendation 4.2 as follows: 4.2Adopt a resolution entitled: RESOLUTION NO. IA 96-01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD TOWN[WESTSIDE IMPROVEMENT AUTHORITY REGARDING MEETINGS, ESTABLISHING A SEAL FOR THE AUTHORITY, DIRECTING THE FILING OF A NOTICE OF FORMATION WITH THE SECRETARY OF STATE, AND ESTABLISHING THE RULES FOR ITS PROCEEDINGS The motion carried as follows: AYES: 3 BOARD MEMBERS: Ford, Lindemans, Birdsall NOES: 0 BOARD MEMBERS: None ABSENT: 1 BOARD MEMBERS: Roberts ABSTAIN: 1 BOARD MEMBERS: Stone It was moved by Board Member Lindemans, seconded by Board Member Ford to approve staff recommendation 4.3 as follows: 4.3Adopt a resolution entitled: RESOLUTION NO. IA 96-02 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD TOWN/WESTSIDE IMPROVEMENT AUTHORITY AUTHORIZING ISSUANCE AND SALE OF REVENUE BONDS FOR THE PURPOSE OF FINANCING ACQUISITION OF COMMUNITY FACILITIES DISTRICT BONDS (OLD TOWN AREA), AND APPROVING RELATED AGREEMENTS AND ACTIONS Minutes.rda I 1 2696 -5- Adjournment of the Temecula Redevelopment Aaency. the Old Town/Westside Community Facilities District Financina Authority, and the Old Town/Westside Improvement Authorit)t It was moved by Agency Member Lindemans, seconded by Agency Member Ford to adjourn at 8:25 PM to a meeting on December 3, 1996, 4:00 P.M., Temecula City Hall, City Council Chambers, 43200 Business Park Drive, Temecula, California. The motion was unanimously carried with Member Roberts absent. Patricia H. Birdsall, Chairperson ATTEST: Ju reek, CMC, City Agency Secretary Minutes.rdal 1 2696 -6-