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HomeMy WebLinkAbout091404 RDA Minutes I I I MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY SEPTEMBER 14, 2004 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:37 P.M., in the City Council Chambers, 43200 Business Park Drive, and Temecula. ROLL CALL PRESENT: 5 AGENCY MEMBERS ABSENT: 0 AGENCY MEMBERS: Naggar, Roberts, Stone, Washington, and Comerchero None Also present were Assistant Executive Director O'Grady, City Attorney Thorson, and City Clerk Jones. PUBLIC COMMENTS No input. CONSENT CALENDAR Minutes RECOMMENDATION: 1.1 Approve the minutes of August 24, 2004. 2 Financial Statements for the Fiscal Year ended June 30. 2004 RECOMMENDATION: 2.1 Receive and file the Financial Statements for the Fiscal Year June 30, 2004; 2.2 Approve an increase of $622,000 for Property Tax increment in the Debt Service Fund; 2.3 Approve an appropriation of $325,550 for Pass-through agreements in the Debt Service Fund; Approve an appropriation of $55,200 for Debt Service Interest in the Debt Service Fund. 2.4 3 First Amendment to the DisDosition and DeveloDment Aareement for the Temecula Education Center RECOMMENDATION: 3.1 Adopt a resolution entitled: R:IMinutes.rdaIO91404 I RESOLUTION NO. RDA 04-09 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AMENDING A DISPOSITION AND DEVELOPMENT AGREEMENT BEnNEEN THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AND AGK GROUP, LLC., EXTENDING THE INSPECTION DEADLINE FOR THE TEMECULA EDUCATIONAL COMPLEX MOTION: Agency Member Stone moved to approve Consent Calendar Item Nos. 1 - 3. The motion was seconded by Agency Member Naggar and electronic vote reflected unanimous approval. EXECUTIVE DIRECTOR'S REPORT No comment. AGENCY MEMBERS' REPORTS No comments. ADJOURNMENT I At 7:38 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, September 28, 2004 in the City Council Chambers, 43200 Business Park Drive, Temecula, California. I R:IMinutes.rdaIO91404