HomeMy WebLinkAbout051005 RDA Minutes
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MINUTES OF A REGULAR MEETING
OF THE TEMECULA REDEVELOPMENT AGENCY
MAY 10, 2005
A regular meeting of the City of Temecula Redevelopment Agency was called to order at 8:23
P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula, California.
ROLLCALL
PRESENT: 5
AGENCY MEMBERS
Comerchero, Edwards, Naggar,
Washington, and Roberts
ABSENT: 0
AGENCY MEMBERS:
None
Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones.
PUBLIC COMMENTS
No input.
CONSENT CALENDAR
1 Minutes
RECOMMENDATION:
1.1 Approve the minutes of April 26, 2005.
MOTION: Agency Member Washington moved to approve Consent Calendar Item NO.1. The
motion was seconded by Agency Member Comerchero and voice vote reflected unanimous
approval.
RECONVENE CITY COUNCIL TO A JOINT CITY COUNCIUREDEVELOPMENT AGENCY
PUBLIC HEARING
2 Owner Participation Aareement for Dalton II Mixed Use Affordable Housina Proiect
RECOMMENDATION:
2.1 Adopt a resolution entitled:
RESOLUTION NO. 05- 51
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TEMECULA APPROVING AN OWNER PARTICIPATION
AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF
THE CITY OF TEMECULA AND D'ALTO PARTNERS LLC, A
CALIFORNIA LIMITED LIABILITY COMPANY
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2.2
That the Temecula Redevelopment Agency adopt a resolution entitled:
RESOLUTION NO. RDA 05- 02
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF TEMECULA APPROVING AN OWNER
PARTICIPATION AGREEMENT BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA
AND D'ALTO PARTNERS LLC, A CALIFORNIA LIMITED
LIABILITY COMPANY
2.3 That the Temecula Redevelopment Agency appropriate $2,060,000 from the
Affordable Housing Fund Balance.
Director of Housing and Redevelopment Meyer reviewed the staff report (as per agenda
material), highlighting the proposed project and advising that this project will incorporate 24
units.
At this time, the public hearing was opened.
Commending the Planning, Building and Safety, and Fire Departments on its outstanding
service and thanking Director of Housing and Redevelopment Meyer for his guidance, Mr. Bill
Dalton extended appreciation to the City Council/Redevelopment Agency for its support of this
project.
Viewing the proposed project as well as the Dalton Historical building (currently under
construction) as projects that are fulfilling the vision of the Old Town Improvement Project,
Mayor Comerchero, echoed by Mayor Pro Tern Roberts, thanked Mr. Dalton for his insight,
innovation, and willingness to place his own assets on the line in an effort to see Old Town
grow.
At this time, the public hearing was closed.
MOTION: Councilman/Agency Member Naggar moved to approve the staff recommendation.
The motion was seconded by Councilman/Agency Member Roberts and electronic vote
reflected unanimous approval.
At this time, the City Council meeting was recessed.
EXECUTIVE DIRECTOR'S REPORT
Executive Director Nelson expressed his delight in working with Mr. Dalton and completing this
project for Old Town.
AGENCY MEMBERS' REPORTS
No additional comments.
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II ADJOURNMENT
At 8:30 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to
Tuesday, May 24, 2005 in the City Council Chambers, 43200 Business Park Drive, Temecula,
California.
@G1--
Ron Roberts, Chairman
ATTEST:
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