HomeMy WebLinkAbout062204 RDA Minutes
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MINUTES OF A REGULAR MEETING
OF THE TEMECULA REDEVELOPMENT AGENCY
JUNE 22, 2004
A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:38
P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula.
ROLL CALL
PRESENT:
4
AGENCY MEMBERS:
Comerchero, Naggar, Roberts, and
Stone
ABSENT:
AGENCY MEMBERS:
Washington
Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones.
PUBLIC COMMENTS
No input.
CONSENT CALENDAR
Minutes
RECOMMENDATION:
1.1
Approve the minutes of June 8, 2004.
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Amendment No.2 to the Financial Service Aoreement with Rehab Financial Corporation
for manaoino the Aoencv's Loan Portfolio
RECOMMENDATION:
2.1
Approve Amendment No.2 to the Financial Service Agreement with Rehab
Financial Corporation to provide loan servicing for the Redevelopment Agency
loan portfolio to extend the term of the agreement to June 30, 2005 and authorize
the Executive Director of the Agency to execute the amendment.
3
Old Town Billboard Lease Aoreement
RECOMMENDATION:
3.1
Approve a $37,800 Lease Agreement with Lamar Advertising Company for the
Old Town Billboard.
MOTION: Agency Member Naggar moved to approve Consent Calendar Item Nos. 1-3. The
motion was seconded by Agency Member Stone and electronic vote reflected approval with the
exception of Agency Member Washington who was absent.
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DEPARTMENTAL REPORT
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No additional comments.
EXECUTIVE DIRECTOR'S REPORT
No comment.
AGENCY MEMBERS' REPORTS
No comments.
ADJOURNMENT
At 7:39 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to
Tuesday, July 13, 2004 in the City Council Chambers, 43200 Business Park Drive, Temecula,
California.
Jeff Comerchero, Chairman
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