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HomeMy WebLinkAbout052207 RDA Minutes I I I MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY MAY 22, 2007 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: Comerchero, Naggar, Roberts, Washington, and Edwards 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 27 Minutes RECOMMENDATION: 27.1 Approve the minutes of May 8, 2007. 28 Financial Statements for the Nine Months Ended March 31. 2007 RECOMMENDATION: 28.1 Receive and file the Financial Statements for the Nine Months Ended March 31, 2007; 28.2 Approve an appropriation of $94,000 for Debt Service Interest in the Debt Service Fund; 28.3 Reduce the Operating transfers In and Out from the Debt Service Fund to the Capital Improvement Fund from $2,800,000 to $2,600,000; 28.4 Approve an allocation for the Temecula Education Center project in the amount $730,000 in Low-Mod Housing Funds. R:IMinutesl052207 29 Reauest for Interest for Aaencv Owned Prooertv I 29.1 Authorize the release of the Request for Interest for the Agency Owned Property on Diaz Road and Dendy Lane. MOTION: Agency Member Comerchero moved to approve the Consent Calendar. Agency Member Washington seconded the motion and electronic vote reflected unanimous aDDroval. RDA DEPARTMENTAL REPORT 30 Redevelooment Deoartmental Monthlv Reoort RDA EXECUTIVE DIRECTORS REPORT No additional comments. RDA AGENCY MEMBERS REPORTS No additional comments. RDA EXECUTIVE DIRECTORS REPORT No additional comments. I RDA ADJOURNMENT At 7:42 p.m., the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, June 12,2007, 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: [SEAL] I R:IMinutesl052207 2