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HomeMy WebLinkAbout061003 RDA Minutes MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY JUNE 10, 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 RECOMMENDATION: 1.1 Approve the minutes of May 27, 2003. MOTION: Agency Member Comerchero moved to approve Consent Calendar Item No. 1. The motion was seconded by Agency Member Naggar and voice vote reflected unanimous approval. AGENCY BUSINESS 2 Review and Adoption of the FY 2003-04 Annual Operatinq Budqet RECOMMENDATION: 2.1 Adopt a resolution entitled: RESOLUTION NO. RDA 03-10 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA ADOPTING THE FY 2003-04 ANNUAL OPERATING BUDGET AND ESTABLISHING CONTROLS ON CHANGES IN APPROPRIATIONS Executive Director Nelson reviewed the staff report (of record). In response to Agency Member Naggar, Finance Director Roberts noted that the refinancing of the Redevelopment bonds could be explored. R:\Minutes.rda\061003 1 MOTION: Agency Member Stone moved to approve Item No. 2. The motion was seconded by Agency Member Comerchero and voice vote reflected unanimous approval. 3 Review and Adoption of the FY 2004-08 Capital Improvement Budqet for the Redevelopment Aqency (RDA) RECOMMENDATION: 3.1 Adopt a resolution entitled: RESOLUTION NO, RDA 03-11 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA APPROVING THE CAPITAL IMPROVEMENT PROGRAM FY 2004-08 AND ADOPTING THE CAPITAL IMPROVEMENT BUDGET FOR FY 2003-04 MOTION: Agency Member Stone moved to approve Item No. 3. The motion was seconded by Agency Member Comerchero and voice vote reflected unanimous approval. EXECUTIVE DIRECTOR'S REPORT No comment. AGENCY MEMBERS' REPORTS Chairman Roberts invited the public to the upcoming Street Painting Festival in Old Town on June 21 - 22, 2003. ADJOURNMENT At 8:37 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, June 24, 2003, in the City Council Chambers, 43200 Business Park Drive, Temecula, California. ~ Roberts, Chairman ATTEST: R:\Min utes.rda\061003 2