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HomeMy WebLinkAbout091206 RDA Minutes I I I MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY SEPTEMBER 12, 2006 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:41 p.m., in the City Council Chambers, 43200 Business Park Drive, Temecula, California. ROLL CALL PRESENT: 5 AGENCY MEMBERS: Edwards, Comerchero, Roberts, Washington, and Naggar. ABSENT: o AGENCY MEMBERS: None. Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones. PUBLIC COMMENTS No comments. RDA CONSENT CALENDAR 24 Minutes RECOMMENDATION: 24.1 Approve the minutes of August 22, 2006. 25 Financial Statements for the Fiscal Year Ended June 30. 2006. RECOMMENDATION: 25.1 Receive and file the Financial Statements for the Fiscal Year Ended June 30, 2006; 25.2 Approve an increase of $560,500 for Property Tax increment in the Debt Service Fund; 25.3 Approve an appropriation of $435,000 for pass-through agreements in the Debt Service Fund; 25.4 Approve an appropriation of $92,000 for Debt Service Interest in the Debt Service Fund. R:\MinulesI091206 26 Redevelopment Aaencv Proposed Tax Allocation Bonds - Desianation of Consultants I RECOMMENDATION: 26.1 Adopt a resolution entitled: RESOLUTION NO. RDA 06-07 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA DESIGNATING CONSULTANTS IN CONNECTION WITH THE PROPOSED ISSUANCE OF TAX ALLOCATION BONDS AND AUTHORIZING AND DIRECTING CERTAIN ACTIONS WITH RESPECT THERETO MOTION: Agency Member Comerchero moved to approve the Consent Calendar. Agency Member Washington seconded the motion and electronic vote reflected unanimous aPDroval. RDA EXECUTIVE DIRECTORS REPORT No additional comments. REDEVELOPMENT DIRECTOR'S REPORT Director of Redevelopment Meyer invited the community to attend the Old Town Temecula Antique Sidewalk Faire, to be held on Saturday, September 23,2006, at 10:00 a.m. I RDA ADJOURNMENT At 7:42 p.m., the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, September 26, 2006, at 5:30 P.M., for a Closed Session, with regular session commencing at 7:00 P.M., City Council Chambers, 43200 Business Park Drive, Temecula, California. ATTEST: ,,- I R:IMinulesl091206 2