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HomeMy WebLinkAbout091394 RDA MinutesMINUTES OF A REGULAR MEETING OF THE CITY OF TEMECULA REDEVELOPMENT AGENCY TUESDAY, SEPTEMBER 13, 1994 A regular meeting of the City of Temecula Redevelopment Agency was called to order on Tuesday, September 13, 1994, 8:59 P.M. at the Temecula Community Recreation Center, 30875 Rancho Vista Road, Temecula, California, Chairperson Ronald J. Parks presiding. PRESENT: ABSENT: 5 AGENCY MEMBERS: Birdsall, Mu~oz, Roberts, Stone, Parks 0 AGENCY MEMBERS: None Also present were Executive Director Ronald E. Bradley, City Attorney Peter Thorson, City Clerk June S. Greek. PUBLIC COMMFNT None given. AGENCY BUSINESS 1. Minutes It was moved by Agency Member Stone, seconded by Agency Member Muhoz to approve staff recommendation as follows: 1.1 Approve the minutes of August 9, 1994. 1.2 Approve the minutes of August 23, 1994. The motion was unanimously carried. 2. RDA Commercial Rehabilitation Loan Criteria Finance Officer Mary Jane McLarney presented the staff report. Agency Member Stone asked legal counsel if he has a conflict on this item based on his ownership of property in Old Town. City Attorney Peter Thorson ruled no conflict exists since no specific property in Old Town Temecula is involved. Therese McLeod, 42200 Main Street, No. F128, spoke in favor of leaving the loan criteria as it stands with a $100,000 limit. Agency Member Stone stated the City is not a bank and emphasized his commitment to the $100,000 limit. RDAMIN/09/13/94 1 08/29/94 Redevelopment Agency Minutes September 13. 1994 Agency Member Mu~oz voiced his support of the $100,000 limit. Agency Member Birdsall requested that a site map and documentation of bank denial of funding be added to the loan application package and check list. Chairperson Parks stated there needs to be a method to review projects on an individual basis, perhaps through a different program. He emphasized the benefits of projects that clearly meet redevelopment goals and reinvest a portion of the $14,000,000 redevelopment funds back into the community. Agency Member Roberts suggested that larger loans should be referred to Riverside County Economic Development funding. It was moved by Agency Member Stone, seconded by Agency Member Roberts to direct staff to maintain the policy without change in the amounts authorized and further directed that a requirement for a site map, and documentation of bank denial of funding be added to the loan application package and check list. The motion was carried by the following vote: AYES: AGENCY MEMBERS: Birdsall, Mu~oz, Roberts, Stone NOES: 1 AGENCY MEMBERS: Parks ABSENT: 0 AGENCY MEMBERS: None !=XECUTIV!= DIRI=CTOR'S REPORT Executive Director Ron Bradley informed the Agency the proposed bylaws for the Main Street Program have been submitted to the Old Town Merchants Association for review. He also reported that the in-house technical work has been completed to assist them with the recruitment for the Main Street Director. He stated the package will be going to them this week for their review and comment and will be shared with the Agency. AGFNCY MEMBER'S REPORTS Agency Member Birdsall asked that the Agency Members see the documentation before it is distributed, because of the concerns she had outlined. She asked if the existing organization will become the Main Street Organization or whether a new organization will be formed. Executive Director Bradley explained that the Main Street Program will stand on its own as a new organization and what the Old Town Merchants Organization choose to do is up to them. He said that concerns of the organization are being met and the program will be agendized for Agency Review and input. RDAMIN/09/13/94 2 08/29/94 Redevelopment Agency Minutes September 13, 1994 Chairperson Parks requested that the RTC apartment project be placed on the agenda for a status report. ADJOURNMENT It was moved by Agency Member Stone, seconded by Agency Member Roberts to adjourn at 9:25 P.M. to a meeting on September 27, 1994, 8:00 PM. The motion was unanimously carried. ATTEST: June-~~, CMC,~' ~ City Clerk/Agency Secretary [SEAL] Ronald J. Parks, Chairperson RDAMIN/09/13/94 3 08/29/94