Loading...
HomeMy WebLinkAbout040594 RDA Minutes MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY HELD APRIL 5, 1994 A regular meeting of the Temecula Redevelopment Agency was called to order at 8:48 PM. PRESENT: 5 AGENCY MEMBERS: Birdsall, Mu~oz, Roberts, Stone, Parks ABSENT: 0 AGENCY MEMBERS: None Also present were Executive Director Ronald E. Bradley, General Counsel Scott F. Field and Agency Secretary June S. Greek. PUBLIC COMMENTS None given. AGIFNCY BUSIN;SS 1. Resolution Authorizing Investment in the Local Agency Investment Fund (LAIF) It was moved by Agency Member Birdsall, seconded by Agency Member Roberts to approve staff recommendation as follows: 1.1 Adopt a resolution entitled: RESOLUTION NO. RDA 94-03 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AUTHORIZING INVESTMENT OF DISTRICT MONIES IN THE LOCAL AGENCY INVESTMENT FUND The motion was unanimously carried. 2. Authorization of Agreement for RDA Consulting Services General Manager Ron Bradley presented the staff report. Agency Member Mu~oz asked why these services could not be done in-house. General Manager Bradley explained that the City must adopt a Low/Mod Income Housing Plan by December 31, 1994, which is a complicated and intricate document governed both by State and Federal Guidelines. He explained that no one on staff has this type of expertise. He further stated the funds that would be lost by not adopting a plan are 3.5 million dollars. It was moved by Agency Member Birdsall, seconded by Agency Member Roberts to approve staff recommendation as follows: P..DAMIN\040594 -1- 11/07/96 Temecula Redevelopment Agency Minutes April 5, 1994 2.1 Approve the terms of the agreement for RDA Consulting services with PMW Associates and authorize the Chairperson to execute the agreement, subject to the approval of the Executive Director and the General Counsel as to the final form of the agreement. The motion was unanimously carried. 3. Authorization of Agreement for Develol;)ment Advisory Services for the RDA General Manager Bradley presented the staff report. Agency Member Stone suggested going forward with the housing element portion of the consulting and reevaluating the Zev Buffman proposal, stating that Agency Counsel may be able to handle this type of work. General Counsel Field explained that most Redevelopment Agencies have a Director, and he feels it is a good idea for someone to serve in that capacity on an interim basis. He explained that Agency Counsel would generally not do that type of work. It was moved by Agency Member Birdsall, seconded by Agency Member Stone to approve staff recommendation as follows: 3.1 Approve the terms of the agreement for Development Advisory Services with Price Waterhouse and authorize the Chairperson to execute the agreement, subject to the approval of the Executive Director and the General Counsel as to the final form of the agreement. The motion was unanimously carried. ;X!=CUTIVI= DIR!=CTOR'S R!=PORT Executive Director Bradley reported that Mr. Zev Buffman has signed the amended Memorandum of Understanding, deposited a $10,000 payment and that the project is moving forward. GgNERAL COUNSEL'S REPORT None given. AG!=NCY M;MBERS R!=PORTS None given. RDAMIN\040594 -2- 11/07/96 Temecula Redevelopment Agency Minutes April 5, 1994 ADJOURNM;NT It was moved by Agency Member Stone, seconded by Agency Member Birdsall to adjourn at 9:10 PM to a meeting on April 26, 1994, 8:00 PM, Community Recreation Center, 30875 Rancho Vista Road, Temecula, California. The motion was unanimously carried. Ronald J. Parks, Chairperson ATTEST: Jur~..<_~,eek, City Clerk/Agency Secretary [SEAL] RDAMIN\040594 -3- 11/07/96