HomeMy WebLinkAbout10-25-1983 RDAMINUTES ��� �
REDEVELOPMENT AGENCY
CITY OF IAKE ELSINORE
130 SOUTH MAIN STREET
LAKE ELSINORE, CALIFORNIA
TUESDAY, OCTOBER 25, 1983
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1. CALL TO ORDER
The Regular Meeting of the Redevelopment Agency was called to order at
10:07 p.m. by Chairperson Torn.
2. ROLL CALL
PRESENT: BOARDMEfdBERS: KNIGHT, MAC MURRAY, TORN, VALENZUELA, UNSWORTH
ABSENT: BOARDMEMBERS: NONE
Also present were Executive Director Trevino, City Attorney Porter, City
Engineer/Public Works Director Rubel, Interim Finance Director Hitchcock
and Clerk of the Board Money.
3. MINUTES - October 11, 1983
MOVED BY UNSWORTH, SECONDED BY MAC MURRAY AND CARRIED UNANIMOUSLY TO
APPROVE THE MINUTES OF OCTOBER 11, 1983 AS PRESENTED.
4. EXECUTIVE DIRECTOR'S REPORT
Mr. Trevino gave a progress report on the Bond Issue project, indicating
that it is progressing on schedule.
5. WRITTEN COMMUNICATIONS
Mr. Trevino stated that he has received a letter from Jim Bartholemew of
the School District, indicating the District would like to schedule a
study session regarding new school financing concepts.
Agency concurred to schedule a study session with the School District
representatives for Wednesday, November 9, at 7:00 p.m.
6. ORAL COMMUNICATIONS
Paul Baccus, 17445 Lakeshore Drive, commented on the need for increased
police protection in the community. Since the Sheriff's Department is
paid out of the City's General Fund, he questioned if Redevelopment
Activity has also been paid out of the General Fund. If so, when the
funds are returned, could we increase our police protection. Mr. Torn
clarified that the RDA has only borrowed money at better than market
interest. Mr. Torn further explained that one of the requirements of a
Redevelopment Agency is that the only legal way for them to obtain tax
increment monies is to establish debt. If there is no debt on the part
of the Agency, there is no justification to receive tax increment.
Mr. Torn continued that Council has budgeted an additional forty hours
and it is only a matter of implementing the operational aspect. Mr. Baccus
was informed that this is being handled by City Staff.
7. UNFINISHED BUSINESS
A. Purchase of Business and Dwelling - 404 Minthorn.
Mr. Trevino reported that negotiations are complete and deeds have
been signed and the property at 404 Minthorn now belongs to the City.
All that remains to be dealt with are the relocation benei`its. Mr.
Trevino has negotiated a verbal amount of $15,500 for relocation
benefits regarding Mr. Shane's business and dwelling.
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