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HomeMy WebLinkAbout062805 RDA Minutes I I I MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY JUNE 28, 2005 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 8:51 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 Deputy City Clerk Ballreich. PUBLIC COMMENTS No input. CONSENT CALENDAR 1 Minutes RECOMMENDATION: 1.1 Approve the minutes of June 14,2005. 2 Aareement between Melody's Ad Works and the Redevelooment Aaency RECOMMENDATION: 2.1 Approve an agreement with Melody's Ad Works for promoting and marketing Special Events in Old Town. 3 Annual Contract for Keyser Marston Associates. Inc. for Real Estate Economic and Affordable Housina Consultina Services RECOMMENDATION: 3.1 Approve an agreement with Keyser Marston Associates, Inc. in the amount of $125,900 to provide as-needed Real Estate Economic and Affordable Housing Consulting Services; 3.2 Authorize the Redevelopment Chairperson to execute the agreement. 4 Old Town Billboard Lease Aareement RECOMMENDATION: R:IMinutes.rdaI062805 I I I 4.1 Approve a $40,680 Lease Agreement with Lamar Adyertising Company for the Old Town Billboard. MOTION: Councilwoman Edwards moved to approve Consent Calendar items Nos. 1-4. Councilman Washington seconded the motion and electronic vote reflected unanimous approval. JOINT CITY COUNCIUREDEVELOPMENT AGENCY PUBLIC HEARING 5 Third Amendment to the Disoosition and Develooment Aareement for the Temecula Education Center RECOMMENDATION: 5.1 That the City Council adopt a resolution entitled: RESOLUTION NO. 05-68 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING A THIRD AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AND AGK GROUP, LLC, FOR THE TEMECULA EDUCATIONAL COMPLEX 5.2 That the Redevelopment Agency of the City of T emecula adopt a resolution entitled: RESOLUTION NO. RDA OS-OS A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA APPROVING A THIRD AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AND AGK GROUP, LLC, FOR THE TEMECULA EDUCATIONAL COMPLEX 5.3 Authorize the City Manager to execute the License Agreement and advance $1,291,750 to AGK Group for the Temecula Educational Complex. Redeyelopment Director Meyer presented a staff report (of record). For Councilman Naggar, Mr. A.G. Kating, noted that all financing for the proposed Educational Complex is in place. MOTION: Councilman Naggar moved to approve staff recommendation. Councilman Washington seconded the motion and electronic vote reflected unanimous approval. R:IMinutes.rdaI062805 2 I AGENCY BUSINESS EXECUTIVE DIRECTOR'S REPORT City Manager Nelson relayed his excitement toward the Temecula Educational Center and the opportunities it would provide AGENCY MEMBERS' REPORTS No additional comments. ADJOURNMENT At 8:57 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, July 12, 2005 in the City Council Chambers, 43200 Business Park Drive, Temecula, C.UfomO. ~j)....-- Ron Roberts, Chairman ATT!=ST: I [SEAL] I R:\Minutes.rdaI062805 3