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HomeMy WebLinkAbout052703 RDA Minutes MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY MAY 27, 2003 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:29 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, Assistant City Attorney Curley, and City Clerk Jones. PUBLIC COMMENTS No input. CONSENT CALENDAR 1 Minutes - Approve Staff Recommendation (5-0-0) MN/JS RECOMMENDATION: 1.1 Approve the minutes of May 13, 2003. 2 Financial Statements for the nine months ended March 31, 2003 - Approve Staff Recommendation (5-0-0) MN/JS RECOMMENDATION: 2.1 Receive and file the Financial Statements for the nine months ended March 31, 2003; 2.2 Approve an appropriation of $32,800 for Admin Fees in the Low/Moderate Income Housing Fund; 2.3 Approve an appropriation of $131,200 for Admin Fees in the Debt Service Fund; 2.4 2.5 2.6 Approve a decrease of $164,000 for Admin Fees in the Redevelopment ClP Fund; Approve a decrease of $160,000 for Investment Interest in the Debt Service Fund; Approve an increase of $225,000 fo~' Investment Interest in the Redevelopment CIP Fund. R:\Minutes.rda\052703 1 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. JOINT CITY COUNCIL/REDEVELOPMENT AGENCY PUBLIC HEARING 3 Joint Public Hearing of Redevelopment Aqency and City Council concerninq Aqency Payment for installation and construction of the Temecula Children's Museum, the Old Town Community Theater, and widening of Rancho California Road Bridqe RECOMMENDATION: 3.1 Adopt a resolution entitled: RESOLUTION NO. 03-60 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING PAYMENT BY THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA FOR ALL OR A PART OF THE COST OF INSTALLING AND CONSTRUCTING THE TEMECULA CHILDREN'S MUSEUM AND THE OLD TOWN COMMUNITY THEATER, AND THE RANCHO CALIFORNIA ROAD BRIDGE WIDENING PROJECT OVER MURRIETA CREEK 3.2 That the Redeveiopment Agency adopt a resolution entitled: RESOLUTION N(~. RDA 03-08 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA APPROVING PAYMENT BY THE AGENCY FOR ALL OR A PART OF THE COST OF INSTALLING AND CONSTRUCTING THE TEMECULA CHILDREN'S MUSEUM AND THE OLD TOWN COMMUNITY THEATER, AND THE RANCHO CALIFORNIA ROAD BRIDGE WIDENING PROJECT OVER MURRIETA CREEK or Agency Member Pratt, who had expressed concern with including the Rancho California Road Bridge Widening Project in the proposed recommendation, Executive Director Nelson advised that because the bridge widening is a public infrastructure project within the Redevelopment Project area and because redevelopment funds will be allocated toward funding this project, it would be appropriate to include the bridge project in the proposed recommendation. Mr. Pratt relayed his support for the Temecula Children's Museum and the Old Town Community Theater projects. Assistant City Attorney Curley recommended separating the proposed resolutions and, thereby, excluding the Rancho California Road Bridge Widening Project. Agency Member Comerchero reminded the [~ublic that by the Agency purchasing the Mercantile building, the building was preserved from destruction, R:\Minutes.rda\052703 2 MOTION: Mayor Stone moved to adopt a resolution approving payment by the Redevelopment Agency of the City of Temecula for all or part of the cost of installing and constructing the Temecula Children's Museum and the Old Town Community Theater. The motion was seconded by Councilman Comerchero and voice vote reflected unanimous approval. MOTION: Mayor Pro Tem Naggar moved to adopt'a resolution approving payment by the Redevelopment Agency of the City of Temecula for all or part of the cost of installing and constructing the Rancho California Road Bridge Widening Project over Murrieta Creek. The motion was seconded by Councilman Comerchero and voice vote reflected approval with the exception of Agency Member Pratt who vote no. MOTION: Agency Member Stone moved to adopt a resolution approving payment by the Redevelopment Agency of the City of Temecula for all or part of the cost of installing and constructing the Temecula Children's Museum and the Old Town Community Theater. The motion was seconded by Agency Member Naggar and voice vote reflected unanimous approval. MOTION: Agency Member Naggar moved to adopt a resolution approving payment by the Redevelopment Agency of the City of Temecula for all or part of the cost of installing and constructing the Rancho California Road Bridge Widening Project over Murrieta Creek. The motion was seconded by Agency Member Stone and voice vote reflected approval with the exception of Agency Member Pratt who vote no~ At this time, the City Council meeting was recessed. DEPARTMENTAL REPORT No additional comments. EXECUTIVE DIRECTOR'S REPORT No comment. AGENCY MEMBERS' REPORTS No comments. ADJOURNMENT At 7:36 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, June 10, 2003, in the City Council Chambers, 43200 Business Park Drive, Temecula, California. ATTEST: Ron R~)berts, Chairman R:\Minutes.rda\052703 3