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HomeMy WebLinkAbout060899 RDA Minutes MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY JUNE 8, 1999 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:39 P.M., at the City Council Chambers, 43200 Business Park Ddve, Temecula. ROLL CALL PRESENT: 5 AGENCY MEMBERS: Comerchero, Ford, Roberts, Stone, and Undemans. ABSENT: 0 AGENCY MEMBER: None. Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones. PUBLIC COMMENTS No input. CONSENT CALENDAR I Minutes RECOMMENDATION: 1.1 Approve the minutes of May 11, 1999; 1.2 Approve the minutes of May 25, 1999. 2 Finandal Statements for the Nine Months ended March 31. 1999 RECOMMENDATION: 2.1 Receive and file the Financial Statements for the nine months ended March 31, 1999. MOTION: Agency Member Comerchero moved to approve Consent Calendar Item Nos. I and 2. The motion was seconded by Agency Member Stone and voice vote reflected unanimous approval. JOINT CITY COUNCIL/REDEVELOPMENT AGENCY PUBLIC HEARING 3 Disposition and Development Agreement with Dual Development RECOMMENDATION: 3.1 Adopt a City Coundl resolution entitled: 3.2 RESOLUTION NO. 9946 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING THAT CERTAIN AGREEMENT ENTITLED DISPOSITION AND DEVELOPMENT AGREEMENT BE'r~NEEN THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AND DUAL DEVELOPMENT, INC., DATED AS OF JUNE 8, 1999, FOR THE REDEVELOPMENT OF CERTAIN PROPERTY WITHIN REDEVELOPMENT PROJECT NO. 1-1988 Adopt a Redevelopment Agency resolution entitled: RESOLUTION NO. RDA 99-09 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA APPROVING THAT CERTAIN AGREEMENT ENTITLED DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AND DUAL DEVELOPMENT, INC., DATED AS OF JUNE 8, 1999, FOR THE REDEVELOPMENT OF CERTAIN PROPERTY WITHIN REDEVELOPMENT PROJECT NO. 1-1988 3.3 Authorize the expenditure of up to $2,500 for dosing costs. 3.4 Authorize a reimbursement of $10,179 for improvements costs. Agency Member Stone noted that he would be abstaining with regard to this itme. Housing Redevelopment Manager Meyer presented the staff report (as per agenda material). Mayor Ford opended the public headng; there being no public input, the public headng was closed. MOTION: Councilman/Chairman Lindemans moved to approve the staff recommendation. The motion was seconded by Councilman/Agency Member Comerchero and voice vote reflected approval with the exception of Mayor Pro Tern/Agency Member Stone who abstained. EXECUTWE DIRECTOR'S REPORT As per a recent quarterly sales tax report, Executive Director Nelson noted that although in light of the streetscape project in Old Town, sales tax revenues for Old Town were up 10.8% for the third and fourth quarters in 1998 in comparison to 1997. AGENCY MEMBERS' REPORTS No comments. ADJOURNMENT At 7:45 P.M., lhe Temecula Redevelopment Agency meeting was formally adjourned to Tuesday. June 22, 1999, at 7:00 P.M.. City Council Chambers, 43200 Business Park Drive, Temecula, California. 'are~rman ATTEST: Susan V Jones MC g [SF_Aq