HomeMy WebLinkAbout052708 RDA MinutesMINUTES OF A REGULAR MEETING
' OF
THE TEMECULA REDEVELOPMENT AGENCY
MAY 27, 2008
A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:38
p.m., in the City Council Chambers, at 43200 Business Park Drive, Temecula, California.
ROLL CALL
PRESENT: 4 AGENCY MEMBERS: Edwards, Naggar, Washington
Roberts
ABSENT: 1 AGENCY MEMBERS: Comerchero
Also present were City Manager Nelson, City Attorney Thorson, and Deputy City Clerk Ballreich.
PUBLIC COMMENTS
No public input.
RDA CONSENT CALENDAR
' 30 Minutes
RECOMMENDATION:
30.1 Approve the minutes of May 13, 2008.
31 Financial Statements for the Nine Months Ended March 31 2008
RECOMMENDATION:
31.1 Receive and file the Financial Statements for the nine months ended March 31,
2008;
31.2 Approve an increase of $362,000 for the sale of the Black property to the City;
31.3 Approve an increase of $81,250 for project cost reimbursement in the Low Mod
Fund;
31.4 Approve an increase of $600,000 for investment interest in the RDA CIP Fund;
31.5 Approve an increase of $450,000 for investment interest in the Debt Service Fund.
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MOTION: Agency Member Edwards moved to approve the Consent Calendar. Agency
' Member Washington seconded the motion and electronic vote reflected approval with the
exceation of Agency Member Comerchero who was absent and Agency Member Washington
who abstained on Item No. 30.
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Ron Roberts, Chairperson
RDA DEPARTMENTAL REPORT
No reports at this time.
RDA EXECUTIVE DIRECTORS REPORT
No reports at this time.
RDA AGENCY MEMBERS REPORTS
No reports at this time.
RDA ADJOURNMENT
At 7:39 p.m., the Temecula Redevelopment Agency meeting was formally adjourned to
Tuesday, June 10, 2008, at 5:30 p.m. for Closed Session, with regular session commencing at
7:00 p.m., City Council Chambers, 43200 Business Park Drive, Temecula, California
ATTEST:
W' t'~
san . Jo es, MMC
City Ag cy Secre ry
[SEAL]
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