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HomeMy WebLinkAbout111417 SARDA Action Minutes ACTION MINUTES 111November 14, 2017 City Council Chambers, 41000 Main Street, Temecula, California SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY MEETING The Successor Agency to the Temecula Redevelopment Agency convened at 8:02 PM CALL TO ORDER: Chairperson Maryann Edwards ROLL CALL: DIRECTORS: Comerchero, Naggar, Rahn, Stewart, Edwards SARDA CONSENT CALENDAR 16 Approve the Action Minutes of October 24, 2017 - Approved Staff Recommendation (5-0); Motion by Rahn, Second by Comerchero; and electronic vote reflected approval by Comerchero, Naggar, Rahn, Stewart and Edwards. RECOMMENDATION: 16.1 That the Board of Directors approve the action minutes of October 24, 2017. SARDA BUSINESS 17 Approve the Official Statement Relating to the Issuance and Sale of Tax Allocation Bonds to Refinance Outstanding 2002, 2006, 2007, 2010 and 2011 Bonds of the Former Temecula Redevelopment Agency, and Approving Related Documents and Official Action - Approved Staff Recommendation (5-0); Motion by Rahn, Second by Stewart; and electronic vote reflected approval by Comerchero, Naggar, Rahn, Stewart and Edwards. RECOMMENDATION: 17.1 That the Board of Directors adopt a resolution entitled: RESOLUTION NO. SARDA 17-06 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING THE FORM AND AUTHORIZING DISTRIBUTION OF A PRELIMINARY OFFICIAL STATEMENT IN CONNECTION WITH THE OFFERING AND SALE OF REFUNDING BONDS IN ORDER TO REFUND CERTAIN OUTSTANDING BONDS OF THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA, AND APPROVING RELATED DOCUMENTS AND ACTIONS SARDA EXECUTIVE DIRECTOR REPORT SARDA BOARD OF DIRECTORS REPORTS SARDA Action Minutes 111417 1 SARDA ADJOURNMENT At 8:07 PM, the Successor Agency to the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, November 14, 2017, at 5:30 PM, fora Closed Session, with regular session commencing at 7:00 PM, City Council Chambers, 41000 Main Street, Temecula. California. 61-14ja Maryann Edvyards,Clair ATTEirS Randi �retary [SEAL] SARDA Action Minutes 111417 2