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HomeMy WebLinkAbout042892 RDA MinutesMINUTES OF A REGULAR MEETING OF THE CITY OF TEMECULA REDEVELOPMENT AGENCY HELD, TUESDAY APRIL 28, 1992 A regular meeting of the City of Temecula Redevelopment Agency was held Tuesday, April 28, 1992, 8:40 P.M., at the Temecula Community Center, 28816 Pujol Street, Temecula, California. Chairperson J. Sal Mu~oz presiding. PRESENT: 4 AGENCY MEMBERS: Birdsall, Lindemans, Parks, Mu~oz ABSENT: 1 AGENCY MEMBERS: Moore PUBLIC COMM!=NT None given. AC,~=NCY BUSIN!=SS 1. Minutes 1.1 It was moved by Agency Member Parks, seconded by Agency Member Lindemans to approve the minutes of April 14, 1992 as mailed. The motion was carried as follows: AYES: 4 NOES: 0 ABSENT: 1 AGENCY MEMBERS: Birdsall, Lindemans, Parks, Mu~oz AGENCY MEMBERS: None AGENCY MEMBERS: Moore RDAMin/042892 Discussion of ! oan to Boys and Girls Club for Relocation of Portable Buildings City Manager Dixon advised that the Committee had met and requested that a report be prepared and presented to the agency during the month of May. Agency Member Parks stated he feels it is very important to establish a Boys and Girls Club in the Pujol area. He added that they have acquired a portable building and redevelopment funds could be used to make permanent improvements at this location. Agency Member Lindemans expressed his support. Bond Issuance to Fund the Redevelol;)ment Agency Cal~ital Iml;)rovement Program Finance Director Mary Jane Henry presented the staff report. - 1 - 11/06/96 RDA Minutes Ai;)ril ;)8. 199;) Executive Director Dixon advised that the bond issuance had been reviewed by the finance committee and was presented with their recommendation. It was moved by Agency Member Lindemans, seconded by Agency Member Birdsall to approve staff recommendation as follows: 3.1 Authorize the Executive Director to assemble a financing team to proceed with the issuance of bonds in the amount of $16,000,000. The motion was carried as follows: AYES: 4 NOES: 0 ABSENT: 1 AGENCY MEMBERS: Birdsall, Linderoans, Parks, Mu~oz AGENCY MEMBERS: None AGENCY MEMBERS: Moore FXIrCUTIVF DIRFCTOR'S RIFPORT Director Dixon stated that the By-Laws for the advisory committee will be presented on May 12. A~FNCY MFMBFR'S RIrPORTS Agency Member Parks requested a summary of redevelopment expenditures. Director Dixon advised that a summary will be presented in May, as well as a recap of the funds negotiated from the County. Mary Jane Henry advised that quarterly financial statements will reflect activity through March 31, 1992. Chairperson Mu~oz added that the committee should be looking at needs of the community which the funds should be used for. RDAMin/O42892 -2- 11/06/96 RDA Minutes April 28. 1997 ADJOURNM;NT Agency Member Parks moved that the meeting be adjourned at 8:48 P.M., seconded by Agency Member Birdsall. The motion was unanimously carried with Agency Member Moore absent. The next regular meeting of the Temecula Redevelopment Agency will be held on Tuesday, May 12, 1992, 8:00 P.M., Temecula Community Center, 28816 Pujol Street, Temecula, California. ~ J. Sal Mun'k)z, Cl~;irperson i , / ATTEST: June S~~k, City Cler~(/Agency Secretary [SEAL] RDAMin/042692 -3- 11/06/96