HomeMy WebLinkAbout031798 RDA MinutesMINUTES OF AN ADJOURNED REGULAR MEETING
OF THE TEMECULA REDEVELOPMENT AGENCY
MARCH 17, 1998
An adjourned regular meeting of the City of Temecula Redevelopment Agency was called to
order at 8:52 P.M., at the City Council Chambers, 43200 Business Park Drive, Temecula,
California. Chairman Lindemans presiding.
RO! ! CA! !
PRESENT:
ABSENT:
ABSTAIN:
3 AGENCY MEMBERS: Comerchero, Ford, and Lindemans.
I AGENCY MEMBER: Roberts.
I AGENCY MEMBER: Stone.
Also present were Executive Director Bradley, City Attorney Thorson, and Acting City Clerk
Jones.
PUB! IC COMM;NTS
None.
CONS!=NT CAL!=NnAR
1. Min,,tes
1.1 Approve the minutes of February 24, 1998.
ADDrovAI of CooDerAtive Agreement with the City of Temec,,IA/Reaevelopment
Agency for Construction Artd F,,nding of Rixth Rtreet PArking. First Street RrirLge. Old
Town -C=treetscqpe Aqd SAm Hicks PArk
2.1
Approve an Agreement entitled UCooperative Agreement" between the City of
Temecula and the Redevelopment Agency of the City of Temecula for
construction and funding of Sixth Street Parking, First Street Bridge, Old
Town Streetscape and Sam Hicks Park;
2.2
Authorize the Chairperson to execute the Agreement on behalf of the City in
substantially the form attached to the Agenda Report;
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Temecula Redevelor)ment A(mncy 031798
2.3
Authorize the budgeted expenditures of $8,160,180 by the Redevelopment
Agency for the Agency's share of costs to date of the Sixth Street Parking,
First Street Bridge, Old Town Streetscape and Sam Hicks Park, as well as
authorize the expenditure for future project costs incurred as approved by the
City or Agency.
MOTION: Agency Member Ford moved to approve Consent Calendar Item Nos. I and 2.
The motion was seconded by Agency Member Comerchero and voice vote of those present
reflected unanimous approval with the exceDtion of Agency Member Roberts who was
absent and Agency Member Stone who abstained.
JOINT CITY COUNCIl/R!=nI=V!=! OPM!=NT A~!=NCY PUBIIC H!=ARINC~
RDA ;tonds for A M,,lfifAmily ResidentiAl RentAl Ho,,sing r]evelopment/Temec,,l~
~rdens. !.P.
3.1
That the Redevelopment Agency and City Council conduct a joint public
hearing;
3.2 That the City Council adopt a resolution entitled:
RESOLUTION NO. 98-22
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA
APPROVING THE ISSUANCE OF BONDS BY THE REDEVELOPMENT AGENCY OF
THE CITY OF TEMECULA FOR THE PURPOSE OF PROVIDING FINANCING FOR
A MULTIFAMILY RESIDENTIAL RENTAL HOUSING DEVELOPMENT TO BE
CONSTRUCTED BY TEMECULA GARDENS, L.P.
Redevelopment Director McLarney presented the staff report (of record), clarifying that the
approval of Resolution No. 98-22 would not commit the Council/Agency to financing and
that financing documents would be submitted for review and approval at a later date.
There being no public input, the public hearing was closed.
MOTION: Councilman Lindemans moved to adopt Resolution No. 98-22. The motion was
seconded by Councilman Comerchero and voice vote of those present reflected unanimous
approval with the excel~tion of Mayor Roberts who was absent and Councilman Stone who
abstained.
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Temecula Redevelo=ment Aeencv
A~FNCY RURINE~R
4.
031799
Review ,,rt,i Aoj~rov,,I of 1997-98 Mid-Y,~-r R,,dgets
4.1 Adopt a resolution entitled:
RESOLUTION NO. RDA 98-06
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
TEMECULA AMENDING THE FISCAL YEAR 1997-98 ANNUAL OPERATING
BUDGETS
Director of Finance Roberts reviewed the staff report (of record). noting that no changes are
being proposed to the authorized positions with regard to this fund.
MenTION: Agency Member Ford moved to adopt Resolution No. RDA 98-06. The motion was
seconded by Agency Member Comerchero and voice vote of those present reflected unanimous
approval with the excel;)tion of Agency Member Roberts' who was absent and Agency Member
Stone who abstained.
R!=r~FV!=! OPM!:NT nlR!=CTOR'S R;PORT
None.
FXFCUTIVF nlRFCTOR'S RFPORT
None.
AC~FNCY M!=MBFRS' RIrPORT-~
None.
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Temecula Redevelo~)ment A=encv 03179E
AnJOURNM;NT
At 8:57 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to
Tuesday, March 31, 1998, at 7:00 P.M., City Council Chambers, 43200 Business Park Drive,
Temecula, California.
ATTEST:
· Jones, C~vlC
ity Clerk/~ Secretary
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