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HomeMy WebLinkAbout041001 RDA Minutes MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY APRIL 10, 2001 A regular meeting of the City of Temecula Redevelopment Agency was called to order at 8:36 P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula. ROLL CALL PRESENT: 5 AGENCY MEMBERS: Comerchero, Naggar, Pratt, Stone, and Chairman Roberts. ABSENT: 0 AGENCY MEMBER: None. Also present were Executive Director Nelson, Assistant City Attorney Curley, and City Clerk Jones. PUBLIC COMMENTS No input. Mayor Comerchero advised that the City Council would convene for the purpose of a Joint meeting with the Redevelopment Agency. AGENCY BUSINESS Formation of Joint Exercise of Powers Authority; Approval of Deposit/Reimbursement Aqreement RECOMMENDATION: 1.1 That the City Council adopt a resolution entitled: RESOLUTION NO. 01- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA AUTHORIZING FORMATION OF A JOINT EXERCISE OF POWERS AUTHORITY WITH THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA 1.2 That the Redevelopment Agency adopt a resolution entitled: RESOLUTION NO. RDA 01- A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AUTHORIZING FORMATION OF A JOINT EXERCISE OF POWERS AUTHORITY WITH THE CITY OF TEMECULA 1.3 That the City Council and the Redevelopment Agency execute the joint exercise of powers agreement creating the Temecula Public Financing Authority. R:\Minutes\041001 1 Mr. Wesley Hylen, representing Ashby Development Company, Inc., provided the rationale for the request to have this item continued, noting that there was a change in ownership and that the documents were not in the proper format to be signed; and in response to Chairman Roberts, specified the desire to continue the matter to the April 24, 2001 meeting. Mr. Richard Ashby, representing Ashby Development Company, Inc., provided an overview of the tax issues, emphasizing the desire for a staff member of his, or himself, to be involved in any meetings discussing this issue, relaying his opposition if the tax figure was over 1.99%. MOTION: Agency Member Comerchero moved to continue this matter to the April 24, 2001 meeting. The motion was seconded by Agency Member Stone and voice vote reflected unanimous approval. At 8:42 P.M. Mayor Comerchero advised that the City Council would recess from this joint meeting. DEPARTMENTAL REPORTS EXECUTIVE DIRECTOR'S REPORT For clarification, Executive Director Nelson relayed that if, and when, the City does proceed with the formation of the CFD, that Mr. Ashby will be closely involved with the CFD process. AGENCY MEMBERS' REPORTS No comments. ADJOURNMENT At 8:43 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to the next regular meeting on April 24, 2001, scheduled to follow the Community Services District meeting, in the City Council Chambers, 43200 Business Park Drive, Temecula, California. Ron Roberts, Chairman ATTEST: [SEAL] R:\Minutes\041001 2