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HomeMy WebLinkAbout012803 RDA Minutes MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY ' JANUARY 28, 2003 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:55 P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula. ROLL CALL PRESENT: 5 AGENCY MEMBERS: Comerchero, Naggar, Pratt, Stone, and Roberts ABSENT: 0 AGENCY MEMBER: None Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones. PUBLIC COMMENTS No input. CONSENT CALENDAR 1 Minutes RECOMMENDATION: ' 1.1 Approve the minutes of January 14, 2003. 2 Amendment to the Professional Services Agreement with Keyser Marston Associates to provide Fiscal Analysis of Agency Projects RECOMMENDATION: 2.1 Approve Amendment No. 1 to the Professional Services Agreement with Keyser Marston Associates (KMA) to provide fiscal analysis for the not to exceed amount of $25,500 and authorize the Executive Director of the Agency to execute the amendment. MOTION: Agency Member Naggar moved to approve Consent Calendar Item Nos. 1 and 2. The motion was seconded by Agency Member Stone and voice vote reflected unanimous approval. AGENCY BUSINESS 3 Consideration of Cost Sharing for upgrade of Auto Mall Sign RECOMMENDATION: ' 3.1 Approve in concept an agreement for sharing costs with the Temecula Auto Dealers' Association for upgrades to the freeway Auto Mall sign and direct the City Attorney to prepare an agreement for formal consideration by the Redevelopment Agency. R:Winutes.rda\012803 1 Assistant City Manager O'Grady provided an overview of the staff report (of record). ' Agency Member Pratt expressed opposition to this cost sharing agreement, stating he does not feel it is fair to other businesses in town. Assistant City Manager O'Grady clarified that the Auto Dealers provide approximately 2 to 3 millions dollars in sales tax to the City as well as employing approximately 800 people. He further explained that the sign itself is a combination of existing sign potential, thus creating a single sign. This single sign not only cuts down visual pollution, but also provides come community benefit. City Manager Nelson further clarified this funding comes from RDA, and not General Fund monies. Dick Kennedy, representing the Temecula Auto Dealers Association, spoke in support of the cost sharing agreement for the Auto Mall Sign, stating he feels the agreement benefits not only the auto dealers, but the community as well. Agency Member Comerchero explained that the City has always looked at RDA expenditures, not as grants, but investment in local businesses, to ultimately become investments into the community. Agency Member Stone asked if the publicizing of community events would be made a part of the proposed cost sharing agreement. Assistant City Manager O'Grady reported that the agreement had not been drafted, however, it will be included in the agreement. Agency ' Member Stone voiced his support of this agreement for the following reasons: A. Sales tax revenue received from sources such as the Auto Dealers and the Regional Mall, are largely responsible for the sound economic base the City has developed. With these funds, the City is able to withstand State budget cuts, without compromising services or raising taxes. B. The sign is antiquated, and upgrades are needed. With these upgrades, sales will hopefully be boosted and community events can be publicized. Chairperson Roberts voiced his support of the cost agreement, stating upgrades are badly needed to this sign. He further emphasized the point that if RDA funds are not utilized locally, they will be returned to the State. MOTION: Agency Member Comerchero moved to approve staff recommendation. The motion was seconded by Agency Member Stone and voice vote reflected approval with the exception of Agency Member Pratt who voted no. EXECUTIVE DIRECTOR'S REPORT Executive Director Nelson reported that a report will be given on the City Council Agenda, providing an update on the Governor's Proposal and how it will not only effect the City's General Fund, but ' also the Redevelopment Agency Fund. RAMinutes.rda\012803 2 AGENCY MEMBERS' REPORTS ' None given. ADJOURNMENT At 8:08 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, February 11, 2003, in the City Council Chambers, 43200 Business Park Drive, Temecula, California. Ron Roberts, Chairman ATTEST: :_Susan ones, CMC City Clei gency Secretai RAMinutes.rda\012803 3