HomeMy WebLinkAbout01-11-2011 RDAMINUTES
REDEVELOPMENT AGENCY MEETING
CITY OF LAKE ELSINORE
183 NORTH MAIN STREET
LAKE ELSINORE, CA 92530
TUESDAY, JANUARY 11, 2011
CALL TO ORDER
Chairwoman Melendez called the meeting to order at 9:20 p.m.
ROLL CALL
PRESENT: CHAIRWOMAN MELENDEZ
VICE-CHAIRMAN TISDALE
MEMBER BHUTTA
MEMBER HICKMAN
MEMBER MAGEE
ABSENT: NONE
Also present: Executive Director Brady, Agency Counsel Leibold, Director of
Administrative Services Riley, Public Works Director/City Engineer Seumalo,
Director of Lake and Aquatics Kilroy, and Secretary Cowley.
CLOSED SESSION
There are none.
CONSENT CALENDAR
(2) Approval of Redevelopment Agency Minutes
Recommendation: Approve the following minute(s):
a) Regular Meeting - December 14, 2010
b) Joint City Council / Redevelopment Agency Meeting - December 14,
2010
(3) Warrant List Dated December 15 and December 30, 2010
Recommendation: Authorize payment of Warrant List dated December 15
and December 30, 2010.
Lake Elsinore Redevelopment Agency Page 2 of 3
Regular Meeting Minutes of January 11, 2011
(4) Investment Report - November 2010
Recommendation: Receive and File the Investment Report for November
2010.
(5) Annual Financial Report for the Fiscal Year Ending June 30, 2010
Recommendation: It is recommended the Agency Board received and file the
report.
It was moved by Agency Member Bhutta and seconded by Agency Member
Hickman to approve the Consent Calendar Items 2 through 4 and pulled Item 5 for
further discussion. The motion unanimously carried by the following vote: AYES:
Agency Members: Bhutta, Hickman, Magee, Vice-Chair Tisdale and
Chair Melendez, Noes: None.
ITEMS PULLED FROM THE CONSENT CALENDAR
(5) Annual Financial Report for the Fiscal Year Ending June 30, 2010
Recommendation: It is recommended the Agency Board received and file the
report.
Chair Melendez requested to pull item 5. She asked staff if the last audit for the
Redevelopment Agency was considered a basis audit. Director of Administrative
Services Riley replied, yes. Chair Melendez asked if there was an audit that allowed
further researched into the Redevelopment Agencies finances. Director of
Administrative Services stated yes, there is a firm that specializes in a more
thorough audit. Chair Melendez asked Mr. Riley to explain the future debts for the
EVMWD -Amber Ridge. Director of Administrative Services indicated the debt is
due in 2014 in the amount of $101,802. Chair Melendez asked what the City would
pay after 2015 for the Outlet Center. Director of Administrative Services Riley stated
that the City's payments should be completed the in 2015. Chair Melendez
requested staff to comment as to a legal settlement which was related to the
Agency. Director of Administrative Services Riley stated he would need to research
that information and get back to the Agency.
It was moved by Chair Melendez and seconded by Vice-Chair Tisdale to receive and
file the Annual Financial Report for the Fiscal Year ending June 20, 2010. The
motion unanimously carried by the following vote: AYES: Agency Members:
Bhutta, Hickman, Magee, Vice-Chair Tisdale and Chair Melendez, Noes: None.
PUBLIC HEARING(S)
No public hearings scheduled.
Lake Elsinore Redevelopment Agency
Regular Meeting Minutes of January 11, 2011
BUSINESS ITEM(S)
No business items scheduled.
PUBLIC COMMENTS - NON-AGENDIZED ITEMS -1 MINUTE
There were none.
PUBLIC COMMENTS - AGENDIZED ITEMS - 3 MINUTES
There were none.
EXECUTIVE DIRECTOR COMMENTS
There were none.
LEGAL COUNSEL COMMENTS
There were none.
BOARD MEMBER COMMENTS
There were none.
ADJOURNMENT
Page 3 of 3
There being no further business to come before the Agency Board, the meeting
adjourned at 9:26 p.m. to a regular meeting to be held on Tuesday,
January 25, 2011, at 7:00 p.m. in the Cultural Center located at 183 N. Main Street,
Lake Elsinore, CA 92530.
z/
MELISSA MELENDEZ, CHAIRWOMAN
REDEVELOPMENT AGENCY
A TE~T:
CAROL COWL Y, SEC TARY
LAKE ELSINORE REDEVELOPMENT AGENCY