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HomeMy WebLinkAbout110999 RDA Minutes MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY NOVEMBER 9, 1999 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:52 P.M., at the City Council Chambers, 43200 Business Park Drive, Temecula. ROLL CALL PRESENT: 5 AGENCY MEMBERS: Comerchero, Ford, Roberts, Stone, and Lindemans. ABSENT: 0 AGENCY MEMBER: None. Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones. PUBLIC COMMENTS No input. CONSENT CALENDAR 1 Minutes RECOMMENDATION: 1.1 Approve the minutes of October 5, 1999. First Amendment to Owner Participation Agreement between Costco and the Redevelopment Agency of the City of Temecula (for property located at 40435 Winchester Road) RECOMMENDATION: 2.1 Adopt a resolution entitled: RESOLUTION NO. RDA 99-17 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA APPROVING THE FIRST AMENDMENT TO OWNER PARTICIPATION AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AND COSTCO WHOLESALE CORPORATION Minutes~l 10999 3 Purchase and Sale Agreements for Residential Sites in the North Pu[ol Area 4 RECOMMENDATION: 3.1 Adopt a resolution entitled: RESOLUTION NO. RDA 99-'18 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA APPROVING THAT CERTAIN AGREEMENT ENTITLED PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS FOR CERTAIN REAL PROPERTY LOCATED AT 42291 SIXTH STREET IN THE CITY OF TEMECULA 3.1 Adopt a resolution entitled: RESOLUTION NO. RDA 99-19 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA APPROVING THAT CERTAIN AGREEMENT ENTITLED PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS FOR CERTAIN REAL PROPERTY LOCATED AT 42230 SIXTH STREET IN THE CITY OF TEMECULA (Agency Member Stone abstained with regard to Item No. 3.) Time Extension for Development of Affordable HousinR RECOMMENDATION: 4.1 Adopt a resolution entitled: RESOLUTION NO. RDA 99-20 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA EXTENDING THE TIME FOR DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING ON APPROXIMATELY 40 ACRES OF REAL PROPERTY OWNED BY THE AGENCY FOR LOW AND MODERATE INCOME HOUSING AT THE SOUTHWEST CORNER OF DIAZ ROAD AND CHERRY STREET (Agency Member Stone abstained with regard to item No. 4.) Minutes\l 10999 5 Sale of Reeves PropeR,/to Richardson RV Center RECOMMENDATION: 5.1 Approve the First Amendment to Agreement for Purchase and Sale and Joint Escrow instructions for the Reeves property located at 27500 Jefferson Avenue to Richardson RV Center. MOTION: Agency Member Comerchero moved to approve Consent Calendar Item Nos. 1-5. The motion was seconded by Agency Member Roberts and voice vote reflected approval with the exception of Agency Member Stone who abstained with regard to Item Nos. 3 and 4. EXECUTIVE DIRECTOR'S REPORT Executive Director Nelson commended Housing Redevelopment Manager Meyer and the Housing Redevelopment Department on the progress made in Affordable Housing within the past 10 months. AGENCY MEMBERS' REPORTS No comments. ADJOURNMENT At 8:06 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, November 16, 1999, at 7:00 P.M., City Council Chambers, 43200 Business Park Ddve, Temecula, California. Ron Roberts', Vice Chairman ATTEST: · Jonesl CMC/A/~E Agendy~ry [SEAL] Minutes\l 10999 3