Loading...
HomeMy WebLinkAbout030795 RDA AgendaAGENDA CITY OF TEMECULA OLD TOWN REDEVELOPMENT ADVISORY COMMITTEE A REGULAR MEETING TEMECULA CITY HALL o MAIN CONFERENCE ROOM 43174 Business Park Drive March 7, 1995 - 6:30 PM CALL TO ORDER: Flag Salute ROLL CALL: Committee Members: Chairman Dallas Gray presiding. Agency Member Walton Bridges, Gray, Jenkins, Reed, Walton PUBLIC COMMENTS A total of 15 minutes is provided so members of the public can address the Council on items that are not listed on the Agenda or on the Consent Calendar. Speakers are limited to two (2) minutes each. If you desire to speak to the Council about an item not listed on the Agenda or on the consent Calendar, a pink *Request To Speak" form should be filled out and filed with the City Clerk. When you are called to speak, please come forward and state your name end address. For all other agenda items a 'Request To Speak" form must be filed with the City Clerk before the Council gets to that item. There is a five (5) minute time limit for individual speakers. COMMITTEE BUSINESS 2 Aooroval of Minutes RECOMMENDATION: 1.1 Approve the minutes of February 7, 1995. Uodate on the ProDosed Modifications to the Stipulated Judoement RECOMMENDATION: 2.1 Review and file. EXECUTIVE DIRECTOR'S REPORT COMMITTEE MEMBER REPORTS ADJOURNMENT Next regular meeting: April 4, 6:30 PM, Temecula City Hall, Main Conference Room, 43174 Business Park Drive, Temecula, California ITEM NO. 1 MINUTES OF A REGULAR MEETING OF THE CITY OF TEMECULA OLD TOWN REDEVELOPMENT ADVISORY COMMITTEE FEBRUARY 7, 1995 A regular meeting of the City of Temecula Old Town Redevelopment Advisory Committee was called to order on Tuesday, February 7, 1995, 6:30 P.M., at Temecula City Hall Main Conference Room, 43174 Business Park Drive, Temecula, California, Chairman Gray presiding. Committee Member Reed led the flag salute. PRESENT: 4 COMMITTEE MEMBERS: ABSENT: I COMMITTEE MEMBERS: Bridges, Reed, Walton, Gray Jenkins Also present were Associate Planner David Hogan and Recording Secretary Gall Zigler. PUBLIC COMMENT None COMMITTEE BUSINESS 1. Aooroval of Minutes 1.1 Approve the minutes of December 6, 1994. Chairman Gray amended Page 2, paragraph 4, to read "..to recommend that the Redevelopment Agency approve ..... ". It was moved by Committee Member Bridges, seconded by Committee Member Walton to approve the minutes of December 6, 1994 as amended. The motion carried as follows: AYES: 3 COMMITTEE MEMBERS: Bridges, Walton, Gray NOES: 0 COMMITTEE MEMBERS: None ABSENT: I COMMITTEE MEMBERS: Jenkins ABSTAIN: I COMMITTEE MEMBERS: Reed Prooosed Coooerative Aoreement with the Old Town Mainstreet Association Associate Planner David Hogan presented the staff report. Chairman Gray expressed concern that Section 1. (A) of the Cooperative Agreement refers to "The City of Temecula" and should be deleted because the City is not a OLD TOWN REDEVELOPMENT ADVISORY COMMITTEE FEBRUARY 7.1995 part of the Agreement or should make the City a part to the agreement and add the City as a signer. He also suggested amending Section 3. (E) by deleting the reference to "The City" and replacing with "the Agency". Chairman Gray said he feels the Cooperative Agreement should define Mainstreet Program in the agreement. Chairman Gray asked David Hogan to confirm the requirement for automobile insurance. Committee Member Reed said the agreement makes references to the City Council and should refer to the Redevelopment Agency. The consensus of the Committee was to agree the "Cooperative Agreement" was acceptable with the changes recommended to the language and confirmation that automobile insurance is necessary. 3. Amended and Restated Memorandum of Understandin0 Reaardin0 the Development of a Maior Destination Entertainment Facility within Old Town Temecula Associate Planner David Hogan presented the staff report. Committee Member Walton asked if the citizens of Temecula do not approve the Old Town Entertainment Project, will the infrastructure improvement projects in Old Town stop. David Hogan advised the First Street and Main Street projects and the Old Town I~arldng will be constructed. He said the Western Bypass Corridor design work will be completed however, it may not be constructed. EXECUTIVE DIRECTOR'S REPORT None COMMITTEE MEMBER REPORTS Committee Member Reed asked for a status report on the following: * The Stipulated Judgement * Expired terms of Committee Members · The redevelopment loan to Temecula Shuttle ADJOURNMENT OLD TOWN REDEVELOPMENT ADVISORY COMMITTEE FEBRUARY 7, 1995 It was moved by Committee Member Walton, seconded by Committee Member Reed to adjourn at 7:30 P.M. The next regular meeting of the Old Town Redevelopment Advisory Committee will be held on Tuesday, March 7, 1995, 6:30 P.M., Temecula City Hall Main Conference Room, 43174 Business Park Drive, Temecula, California. Chairman Dallas Gray Secretary ITEM NO. 2 TEMECULA REDEVELOPMENT AGENCY AGENDA REPORT TO: FROM: DATE: SUBJECT: Members of the Redevelopment Advisory Committee Ronald E. Bradley, Executive Director March 7, 1995 Update on the Proposed Modifications to the Judgement Stipulated PREPARED BY: David W. Hogan, Associate Planner RECOMMENDATION: Receive and File. BACKGROUND: The Temecula Redevelopment Agency has been working to modify the Stipulated Judgement with the original parties to the Agreement. At this time the final papers are being prepared for submittal to the Superior Court for Riverside County. The proposed modifications would: 1. Increase the allowable tax increment to be collected from the area during the life of the Plan from 960 Million to 9150 Million; 2. Modify the structure of the Old Town Redevelopment Advisory Committee; and, 3. To allow the Agency to make loans at lower interest rates or provide grants. At this time, the motion to amend the Stipulated Judgement is expected to be filed in Superior Court within the next two months. R:\REDEV%OTAC%STPJUDG1,OTA 2/23j95 dwh 1