HomeMy WebLinkAbout032602 RDA Minutes MINUTES OF A REGULAR MEETING
OF THE TEMECULA REDEVELOPMENT AGENCY
MARCH 26, 2002
A regular meeting of the City of Temecula Redevelopment Agency was called to order at 8:32
P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula.
ROLL CALL
PRESENT:
4 AGENCY MEMBERS: Naggar, Stone, Roberts,
Comerchero
ABSENT: I AGENCY MEMBER: Pratt
Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones.
PUBLIC COMMENTS
No input.
JOINT MEETING OF THE CITY COUNCIL/REDEVELOPMENT AGENCYrFEMECULA
PUBLIC FINANCING AUTHORITY
COUNCIL/AGENCY/AUTHORITY BUSINESS
1 Issuance of Tax Allocation Bonds bv the Redevelopment Aqencv of the Citv of'Temecula
for the Temecula Redevelopment Proiect No. 1
RECOMMENDATION:
1.1 That the City Council adopt a resolution entitled:
RESOLUTION NO. 02-27
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TEMECULA APPROVING THE ISSUANCE BY THE
REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA OF
TAX ALLOCATION BONDS
1.2 That the Redevelopment Agency adopt a resolution entitled:
RESOLUTION NO. RDA 02-05
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF TEMECULA AUTHORIZING THE ISSUANCE AND
SALE OF TAX ALLOCATION BONDS IN CONNECTION WITH
TEMECULA REDEVELOPMENT PROJECT NO. 1, AND
APPROVING RELATED DOCUMENTS AND ACTIONS
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1.3 That the Authority adopt a resolution entitled:
RESOLUTION NO. TPFA 02-02
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY AUTHORIZING
THE PURCHASE AND SALE OF TAX ALLOCATION BONDS
OF THE REDEVELOPMENT AGENCY OF THE CITY OF
TEMECULA AND APPROVING OTHER MATTERS RELATED
THERETO
Finance Director Roberts presented the staff report (of record), advising that funding would be
expected by the first part of May.
MOTION: Agency Member Stone moved to approve Consent Calendar Item No. 1. The motion
was seconded by Agency Member Naggar and voice vote reflected approval with the exception
of Agency Member Pratt who was absent.
At this time, the City Council and the Temecula Public Financing Authority recessed.
EXECUTIVE DIRECTOR'S REPORT
Executive Director Nelson complimented the Financing Team and Finance Director Roberts on a
job well done.
AGENCY MEMBERS'REPORTS
No comments.
ADJOURNMENT
At 8:36 P.M., the Temecula Redevelopment Agency meeting was formally adjourned to
Tuesday, April 9, 2002, in the City Council Chambers, 43200 Business Park Drive, Temecula,
California. /
-~." Jeff Comerchero, Chairman
Susan W. ~ones, CMC ~
[SEAL]
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