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HomeMy WebLinkAbout111406 RDA Minutes I I I MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY NOVEMBER 14, 2006 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 10:00 p.m., in the City Council Chambers, 43200 Business Park Drive, Temecula, California. ROLL CALL PRESENT: AGENCY MEMBERS: 5 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 38 Minutes RECOMMENDATION: 38.1 Approve the minutes of October 10, 2006. MOTION: Agency Member Washington moved to approve the Consent Calendar. The motion was seconded by Agency Member Comerchero and the electronic vote reflected unanimous approval. RDA BUSINESS 39 Issuance of Two Series of Tax Allocation Bonds bv the Redevelopment Aoency of the City of Temecula for the Temecula Redevelopment Proiect No.1 39.1 Adopt a resolution entitled: RESOLUTION NO. RDA 06.10 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AUTHORIZING THE ISSUANCE AND SALE OF TWO SERIES OF TAX ALLOCATION BONDS IN CONNECTION WITH TEMECULA REDEVELOPMENT PROJECT NO.1, AND APPROVING RELATED DOCUMENTS AND ACTIONS MOTION: Agency Member Comerchero moved to approve the staff recommendation, including the adoption of Resolution No. RDA 06-10. The motion was seconded by Agency Member Roberts and the electronic vote reflected unanimous approval. R:\Minutes\111406 RDA DEPARTMENTAL REPORT I 40 Redevelopment Aaency Departmental Report 40.1 Redevelopment Department Monthly Report No additional comments. RDA EXECUTIVE DIRECTOR'S REPORT No additional comment. RDA AGENCY MEMBERS' REPORTS No additional comments. RDA ADJOURNMENT At 10:02 p.m., the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, November 28, 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. I ~2'~~h"m," ATTEST: I R:\Minutes\ 111406 2