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HomeMy WebLinkAbout082608 RDA MinutesMINUTES OF A REGULAR MEETING ' OF THE TEMECULA REDEVELOPMENT AGENCY AUGUST 26, 2008 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:59 p.m., in the City Council Chambers, at 43200 Business Park Drive, Temecula, California. ROLL CALL PRESENT: 4 AGENCY MEMBERS: Comerchero, Edwards, Naggar, Roberts ABSENT: 1 AGENCY MEMBERS: Washington Also present were City Manager Nelson, City Attorney Thorson, and City Clerk Jones PUBLIC COMMENTS A. Advising that he is an Old Town merchant, Mr. Stephen Eldred relayed his opposition to comments made by Mr. Ed Dool; expressed concern with the change in environment with respect to the construction on Mercedes Street; and relayed his dismay with the City not implementing an Environmental Impact Report before beginning construction. B. Referencing an article in the Californian, Ms. Claudia Keaton, Temecula, relayed her concern with the future Civic Center plaza's commercial shops drawing customers away from the Old Town merchants. C. Ms. Lorena Spencer, Temecula, relayed her concern with the Redevelopment's tax financing being diverted from City revenues into the Redevelopment Agency's budget; advising that the cost of the future City Civic Center would be too high and would not be a benefit to the City as a whole, but rather favored developers. RDA CONSENT CALENDAR 17 Minutes RECOMMENDATION: 17.1 Approve the minutes of August 12, 2008. 18 Financial Statements for the Fiscal Year Ended June 30. 2008 RECOMMENDATION: ' 18.1 Receive and file the Financial Statements for the Fiscal Year Ended June 30, 2008; R:Wlinutes~082608 ' 18.2 Approve an increase of $850,000 for property tax increment revenues in the Debt Service Fund; 18.3 Approve an appropriation of $725,000 for pass-through agreements in the Debt Service Fund. 19 Exclusive Negotiating Agreement with Pelican Properties RECOMMENDATION: 19.1 Approve an Exclusive Negotiating Agreement between the Agency and Pelican Properties. MOTION: Agency Member Naggar moved to approve the Consent Calendar. Agency Member Edwards seconded the motion and electronic vote reflected approval with the exceation of Agency Member Washington who was absent. JOINT CITY COUNCIL/REDEVELOPMENT PUBLIC HEARING 20 California State University Funding Agreement 20.1 That the City Council adopt a resolution entitled: RESOLUTION NO. 08-84 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA MAKING CERTAIN FINDINGS FOR THE USE OF TAX INCREMENT FUNDS FOR THE CONSTRUCTION OF IMPROVEMENTS TO THE CALIFORNIA STATE UNIVERSITY SAN MARCOS AT TEMECULA OFF-CAMPUS CENTER PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445 AND APPROVING THE TEMECULA OFF-CAMPUS FUNDING AGREEMENT BETWEEN THE AGENCY AND CALIFORNIA STATE UNIVERSITY SAN MARCOS 20.2 That the Temecula Redevelopment Agency adopt a resolution entitled: RESOLUTION NO. RDA 08-07 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA MAKING CERTAIN FINDINGS FOR THE USE OF TAX INCREMENT FUNDS FOR THE CONSTRUCTION OF IMPROVEMENTS TO THE CALIFORNIA STATE UNIVERSITY SAN MARCOS AT TEMECULA OFF-CAMPUS CENTER PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445 AND APPROVING THE TEMECULAQFF-CAMPUS FUNDING AGREEMENT ' BETWEEN THE AGENCY AND CALIFORNIA STATE UNIVERSITY SAN MARCOS R:Wlinutes\082608 20.3 Approve an appropriation of $115,000 for the Education Center Improvements from ' the Redevelopment Agency tax increment. Assistant City Manager Adams presented a staff report (per agenda packet). Because Agency Member Naggar serves on the Temecula Higher Education Foundation, a non-profit organization recently formed to promote higher education, City Attorney Thorson advised that Member Naggar does not have any conflicts of interest with respect to Consent Calendar Item No. 20. At this time, the public hearing was opened and due to no speakers, it was closed. MOTION: Council Member Comerchero moved that the City Council adopt Resolution No. 08- 84. Council Member Edwards seconded the motion and electronic vote reflected approval with the exception of Council Member Washington who was absent. Agency Member Naggar advised that today, August 26, 2008, the Temecula Higher Education Foundation held its first meeting; noted that he will serve as Chair, Council Member Washington will serve as Vice Chair, and that Nate Garn will be a Board of Director; relayed that bylaws have been adopted; that the Board is proceeding with its California non-profit status; and that in the near future Board Members will be recruited and fundraising will begin. MOTION: Agency Member Comerchero adopt Resolution No. RDA 08-07 along with ' the motion and electronic vote reflected Washington who was absent. RDA DEPARTMENTAL REPORT moved that the Temecula Redevelopment Agency Item No. 20.3. Agency Member Edwards seconded approval with the exception of Agency Member No reports at this time. RDA EXECUTIVE DIRECTORS REPORT No reports at this time. RDA AGENCY MEMBERS REPORTS No reports at this time R:UAinutes\082608 RDA ADJOURNMENT ' At 8:16 p.m., the Temecula Redevelopment Agency meeting was formally adjourned tc Tuesday, September 9, 2008, at 5:30 p.m. fora Closed Session with regular session commencing at 7:00 p.m., City Council Chambers, 43200 Business Park Drive, Temecula, California Ron Roberts, Chairperson ATTEST: R:Vulinutes\082608