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HomeMy WebLinkAbout022602 RDA Minutes MINUTES OF A REGULAR MEETING OF THE TEMECULA REDEVELOPMENT AGENCY FEBRUARY 26, 2002 A regular'meeting of the City of Temecula Redevelopment Agency was called to order at 7:46 P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula. ROLL CALL PRESENT: 5 AGENCY MEMBERS: Naggar, Pratt, Stone, Roberts, Comerchero ABSENT: 0 AGENCY MEMBER: None Also present were Executive Director Nelson, Assistant City Attorney Curley, and City Clerk Jones. PUBLIC COMMENTS No input. CONSENT CALENDAR Minutes RECOMMENDATION: 1.1 Approve the minutes of February 12, 2002. MOTION: Agency Member Naggar moved to approve Consent Calendar Items No. 1. The motion was seconded by Agency Member Roberts and voice vote reflected unanimous approval. Convene to a Joint Public Hearing with the City Council and the Redevelopment Agency PUBLIC HEARING 2 Affirmed Housinq Sixth Street Homeownership Proiect RECOMMENDATION: 2.1 The City Council adopt a resolution entitled: RESOLUTION NO, 02-21 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AND AFFIRMED HOUSING PARTNERS - TEMECULA, LLC (6TM STREET HOUSING PROJECT) R:\Min utes.fda\022602 1 2.2 The Redevelopment Agency Board adopt a resolution entitled: RESOLUTION NO. RDA 02-03 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT BE'rWEEN THE AGENCY AND AFFIRMED HOUSING PARTNERS - TEMECULA, LLC (6TM STREET HOUSING PROJECT) 2.3 The Redevelopment Agency Board appropriates an additional $240,000 to this project from the Low-Mod fund balance to replace the CDBG funding. Housing and Redevelopment Director Meyer provided the staff report (of record) and introduced Mr. Wayne Davis, project architect, who, in turn, proceeded with a detailed overview of the project/site, commenting on floor plans and architecture. Ms. Ginger Hitzke, Senior Project Manager for Affirmed Housing Group, advised that Affirmed Housing had previously developed the existing 76-unit Mission Village Housing Project; reviewed the proposal; and noted that the project will commence Summer of 2002 and should be completed by Summer 2003. Housing and Redevelopment Director Meyer noted that with regard to the Disposition and Development Agreement, Exhibit G (Project Development Schedule) should be amended to reflect the Release of Predevelopment Loan date as April 15, 2002 versus May 1, 2002. At this time, Chairman Comerchero opened the public hearing. There being no public input, the public hearing was closed. MOTION: Councilman Naggar moved to adopt Resolution No. 02-21, amending the DDA as noted above. The motion was seconded by Director Roberts and voice vote reflected unanimous approval. RESOLUTION NO. 02-21 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT BE'rVVEEN THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AND AFFIRMED HOUSING PARTNERS - TEMECULA, LLC (6TM STREET HOUSING PROJECT) MOTION: Director Naggar moved to adopt Resolution No. RDA 02-03, amending the DDA as noted above. The motion was seconded by Director Roberts and voice vote reflected unanimous approval RESOLUTION NO. RDA 02-03 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE AGENCY AND AFFIRMED HOUSING PARTNERS - TEMECULA, LLC (6TM STREET HOUSING PROJECT) R:\Minutes.rda\022602 2 MOTION: Director Naggar moved to approve staff recommendation 2.3. The motion was seconded by Director Roberts and voice vote reflected unanimous approval. Director Naggar, echoed by Director Comerchero, commended all those involved with this project, with Mr. Comerchero noting that this project will meet the City's requirement to build affordable housing but noted that most of all, it will meet the City's desire to build a beautiful neighborhood that provides affordable housing. EXECUTIVE DIRECTOR'S REPORT Executive Director Nelson commended Housing and Redevelopment Director Meyer on a job well done. AGENCY MEMBERS'REPORTS No comments. ADJOURNMENT At 7:57 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to Tuesday, March 5, 2002, in the City Council Chambers, 43200 Business Park Drive, Temecula, California. .?;' ~".~ Jeff Comerchero, Chairman AT~,~EST: [SEAL] R:\Minut es.rda\022602 3