HomeMy WebLinkAbout021202 RDA Minutes MINUTES OF A REGULAR MEETING
OF THE TEMECULA REDEVELOPMENT AGENCY
FEBRUARY 12, 2002
A regular meeting of the City of Temecula Redevelopment Agency was called to order at 7:43
P,M., in the City Council Chambers, 43200 Business Park. Drive, Temecula.
ROLL CALL
PRESENT: 5 AGENCY MEMBERS: Naggar, Pratt, Stone, Roberts,
Comerchero
AE~SENT: 0 AGENCY MEMBER: None
Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones.
PUBLIC COMMENTS
No input.
CONSENT CALENDAR
1 Minutes
RECOMMENDATION:
1.1 Approve the minutes of January 8, 2002;
1.2 Approve the minutes of January 22, 2002.
MOTION: Agency Member Naggar moved to approve Consent Calendar Items No. 1. The
motion was seconded by Agency Member Stone and voice vote reflected unanimous approval.
AGENCY BUSINESS
2 Consideration of Owner Participation Aqreement with Advanced Cardiovascular
Systems, Inc., a Subsidiary of the Guidant Corporation
RECOMMENDATION:
2.1 Adopt a resolution entitled:
RESOLUTION NO. RDA 02-02
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA
APPROVING THAT CERTAIN AGREEMENT ENTITLED
OWNER PARTICIPATION AGREEMENT BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA
AND ADVANCED CARDIOVASCULAR SYSTEMS, INC.
Assistant City Manager O'Grady reviewed the staff report (of record).
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Agency Member Naggar commended Chairman Comerchero, Agency Member Roberts, and
staff on their efforts associated with this project, noting that their involvement included months of
work.
Chairman Comerchero commented on the professionalism of Ms. Susan Norton, Vice President
of Customer and Site Services, and her Guidant Management Team.
MOTION: Agency Member Roberts moved to approve staff recommendation. The motion was
seconded by Agency Member Naggar and voice vote reflected unanimous approval.
On behalf of Guidant Corporation, Vice President of Customer and Site Services Norton
thanked the Redevelopment Agency/City Council for its approval of the economic incentives,
which were critical in assisting Guidant Senior Management Team i'n making its final decision as
to the location of the expansion project. In closing, Ms. Norton extended her personal gratitude
to Chairman Comerchero, Agency Member Roberts, City Manager Nelson, Assistant City
Manager O'Grady, City Attorney Thorson, as well as her internal staff.
EXECUTIVE DIRECTOR'S REPORT
Executive Director Nelson as well thanked the Redevelopment Agency for its decision with regard
to Guidant and extended his appreciation to Assistant City Manager O'Grady for his associated
efforts.
AGENCY MEMBERS' REPORTS
No comments.
ADJOURNMENT
At 7:54 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to
Tuesday, February 26, 2002, in the City Council Chambers, 43200 Business Park Drive,
Temecula, California.
A'I-~EST: ~ Jeff Comerchero, Chairman
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