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HomeMy WebLinkAbout031412 OB SARDA Action Minutes ACTION MINUTES OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY REGULAR MEETING GREAT OAK CONFERENCE ROOM 41000 MAIN STREET MARCH 14, 2012 — 7:00 PM Next in Order: Resolution: 12-01 CALL TO ORDER: John Meyer, Chairperson Roll Call: Kelliher, Meyer, Ordway-Peck, Thornhill, Watts PUBLIC COMMENTS A total of 15 minutes is provided so members of the public may address the Commission on items that are not listed on the Agenda. Speakers are limited to three minutes each. If you desire to speak to the Commission about an item not on the Agenda, a"Request to Speak" form should be filled out and filed with the Board Secretary. When you are called to speak, please come forward and state your name for the record. For all other agenda items a"Request to Speak" form must be filed with the Board Secretary prior to the Commission addressing that item. There is a three-minute time limit for individual speakers. None BOARD BUSINESS � 1 Elect Chairperson and Vice Chairperson JOHN MEYER ELECTED CHAIRPERSON; MOTION BY BOARD MEMBER THORNHILL, SECOND BY BOARD MEMBER KELLIFER; VOTE REFLECTED UNANIMOUS APPROVAL. GARY THORNHILL ELECTED VICE CHAIRPERSON; MOTION BY BOARD MEMBER KELLIHER, SECOND BY BOARD MEMBER WATTS; VOTE REFLECTED UNANIMOUS APPROVAL 2 Approval of Reqular Date. Time and Location of Board Meetinps APPROVE STAFF RECOMMENDATION 6-0; MOTION BY BOARD MEMBER THORNHILL, SECOND BY BOARD MEMBER WATTS; VOTE REFLECTED UNANIMOUS APPROVAL. RECOMMENDATION: 2.1 Adopt a resolution entitled: � RESOLUTION NO. OB SARDA 12-01 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY ESTABLISHING REGULAR MEETING DATES, TIMES AND LOCATION OF BOARD MEETINGS FOR THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY 3 Discussion of Board Rules and Regulations APPROVE STAFF RECOMMENDATION 6-0; MOTION BY BOARD MEMBER THORNHILL, SECOND BY BOARD MEMBER WATTS; VOTE REFLECTED UNANIMOUS APPROVAL. 4 Approval of First Amendment to Owner Participation Agreement and Grant Aqreement Commitment between the Successor Aaencv to the Temecula Redevelopment Aqencv and Front Street Plaza Partners, LLC for the propertv located at the southwest corner of Old Town Front Street and Third Stret APPROVE STAFF RECOMMENDATION 6-0; MOTION BY BOARD MEMBER THORNHILL, SECOND BY BOARD MEMBER KELLIHER; VOTE REFLECTED UNANIMOUS APPROVAL. RECOMMENDATION: 4.1 Adopt a resolution entitled: RESOLUTION NO. OB SARDA 12-02 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING THE FIRST AMENDMENT TO THE OWNER PARTICIPATION AGREEMENT AND GRANT COMMITMENT WITH FRONT STREET PARTNERS, LLC ADJOURNMENT Next regular meeting: Wednesday, March 28, 2012, 7:00 PM, Gr�t a Confe� nce Room, 41000 Main Street, Temecula, California. John Meyer C�i rson � i' obert .Johnson Executive Director/City Manager ATTEST: Susan . Jones, MMC enc Secret ry/City CI rk 2