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HomeMy WebLinkAbout081391 RDA Minutes MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY HELD AUGUST 13, 1991 A regular meeting of the Temecula Redevelopment Agency was called to order at 8:54 PM. PRESENT: 5 AGENCY MEMBERS: Birdsall, Lindemans, Mu~oz, Parks, Moore ABSENT: 0 AGENCY MEMBERS: None Also present were Executive Director David F. Dixon, General Counsel Scott F. Field and Agency Secretary June S. Greek. PUBLIC COMMENTS None given. AGENCY BUSINESS 1. Minutes It was moved by Member Parks, seconded by Member Mu~oz to approve staff recommendations as follows: 1.1 Approve the minutes of the meeting of July 16, 1991. 1.2 Approve the minutes of the meeting of July 23, 1991. The motion was carried by the following vote: AYES: 5 MEMBERS: NOES: 0 MEMBERS: ABSENT: 0 MEMBERS: Birdsall, Lindemans, Mu~oz, Parks, Moore None None !=XECUTIV!= DIRr:CTOR'S REPORT Executive Director Dixon reported that staff is preparing a Conflict of Interest Policy for Agency Action. He also stated a notebook is being prepared with a compilation of the plan, stipulated agreement and other documents necessary for running the Redevelopment Agency. He stated staff is preparing for action a promissory note so that tax increment can be directed to the agency. He reported that the set-a-side for housing, collected by the County, has been received in the amount of $800,000. He also reported the agency should be looking into bonds by the end of this year. 4kRDAMIN\081391 -1- 11/07/96 Temecula Redevelopment Agency Minutes August 13, 1991 Member Lindemans asked what impact the failure of Executive Life will have on the City's ability to obtain bonding. Executive Director Dixon stated the City will have to prepare a report and assure bonding companies that the ability to repay these bonds exist. Member Parks stated that an Advisory Committee is supposed to be set up and asked what progress is being made. Executive Director Dixon reported that this will be on the agenda within the next two to three weeks for consideration and approval of an interim plan to appoint the first group and set up an election. GENERAL COUNSEL'S REPORT None given. AG!=NCY M!=MBERS RgPORTS None given. ADJOURNMENT It was moved by Member Parks, seconded by Member Mu~oz to adjourn at 9:02 PM to a meeting on August 27, 1991 at 8:00 PM at the Temporary Temecula Community Center. The motion was unanimously carried. ATTEST: ~g oo e, Chairperson June~~ek, City Clerk/Agency Secretary [SEAL] 4\RDAMIN\081391 -2- 11/07/96