HomeMy WebLinkAbout041492 RDA Minutes MINUTES OF A REGULAR MEETING
OF THE TEMECULA REDEVELOPMENT AGENCY
HELD APRIL 14, 1992
A regular meeting of the Temecula Redevelopment Agency was called to order at 8:30 PM.
PRESENT: 5 AGENCY MEMBERS: Birdsall, Lindemans, Moore, Parks,
Mu~oz
ABSENT: 0 AGENCY MEMBERS: None
Also present were Executive Director David F. Dixon, General Counsel Scott F. Field and
Agency Secretary June S. Greek.
PUBLIC COMM;NTS
None given.
An!=NCY BUSINFSS
1. Minutes
It was moved by Member Birdsall, seconded by Member Parks to approve the minutes
of March 24, 1992.
The motion was unanimously carried.
Appointments to Redevelopment Agency Old Town Advisory Committee
City Manager Dixon presented the staff report.
It was moved by Member Lindemans, seconded by Member Moore to approve a
procedure to draw lots to determine which appointees will be elected and which will be
appointed members.
The motion was unanimously carried.
It was moved by Member Birdsall, seconded by Member Lindemans to appoint Susie
Bridges, Dallas Gray, Charles Jenkins, Nancy Maurice, Constance Pelonero, Bonnie Reed
and Ron Walton.
Member Moore suggested an amendment to appoint Bob Hemme. No second was
received.
The motion was unanimously carried.
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Temecula Redevelopment Agency Minutes
3.
April 14, 1992
Report on Redevelopment Agency Old Town Advisory Committee Responsibilities
It was moved by Member Parks, seconded by Member Birdsall to receive and file the
report.
The motion was unanimously carried.
Purchase of Property - West of Diaz. South of Cherry Street
City Manager Dixon presented the staff report, and requested that a resolution allowing
for reimbursement of costs on this project be added as recommendation 4.5.
John Dedovesh, 39450 Long Ridge Drive, asked if it is the Agency's intention that a
portion of this property be an investment, and if organizations using the property would
be charged fees.
City Manager Dixon stated that policy has for usage of the property is not before the
Agency at this time, however any time a public facility is used, a fee needs to be
charged.
Chairperson Mu~oz stated he feels it is important to have a tally of funds expended
versus funds that are available. He asked if the amount of monies spent on projects
such as this are comparable to those used to refurbish or revitalized blighted section of
the community. He also asked what would the immediate benefit to the City be from
this purchase.
City Manager Dixon said the purchase of property for parks transfers liquid cash to an
asset of property. He stated in terms of quality of life, these purchases are of great
value and have been a priority of this Council. Mr. Dixon explained that the five year
Capital Improvement Program includes specific RDA projects that would address
refurbishing or revitalizing blighted areas.
It was moved by Member Lindemans, seconded by member Birdsall to approve staff
recommendations, adding recommendation No. 4.5.
4.1
Authorize the opening of escrow on property west of Diaz Road and
south of Cherry Street and authorize the purchase of 40 acres of property
with a right of first refusal on an additional 17 acres. The total purchase
price is $3,484,800 which is $2 per square foot;
4.2
Authorize the City manager and City Attorney to handle and finalize the
transaction and acquisition;
4.3
Appropriate $3,484,800 for RDA land acquisition;
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Temecula Redevelopment Agency Minutes April 14, 1992
4.4 Authorize an advance of $3,484,000 from the General Fund revolving
fund which will be repaid from RDA bond proceeds;
4.5
Adopt a resolution entitled:
RESOLUTION NO. RDA 92-01
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
TEMECULA DECLARING CERTAIN FINDINGS REGARDING CITY EXPENDITURES
IN CONNECTION WITH THE ACQUISITION OF PROPERTY WEST OF DIAZ ROAD
AND SOUTH OF CHERRY STREET AS REQUIRED BY UNITED STATES
DEPARTMENT OF THE TREASURY REGULATIONS (SECTION 1.103-18)
The motion was unanimously carried.
!=XIrCUTIVI= DIR!=CTOR'S RFPORT
None given.
GFNFRA! COUNSg! 'S RFPORT
None given.
AGFNCY MgMBFRS RFPORTS
None given.
ADJOURNMI=NT
It was moved by Member Parks, seconded by Member Moore to adjourn at 9:00 PM.
motion was unanimously carried.
ATTEST:
The
y t
[ J. Sal Mu~o~ ChairPerson
City Clerk/Agency Secretary
[SEAL]
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