HomeMy WebLinkAbout12-27-1983 RDAMINUTES
REDEVELOPP4ENT A6ENCY
CITY OF LAKE ELSINORE
130 SOUTH MAI� STREET
LAKE ELSINORE, CALIFORNIA
TUESDAY, DECEPnBER 27, 1983
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l. CALL TO ORDER
The Regular Meeting of the Redevelopment Agency was called to order at
11:49 p.m. by Chairperson Torn.
2. ROLL CALL
PRESENT: BOARDMEMBERS: KNIGHT, MAC MURR�Y, TORN, VALENZUELA, U�lSWORTH
ABSENT: BOARDMEMBERS: NONE
Also present were Executive Director Trevino, City Attorney Porter, City
Enoineer/Public Works Director Rubel, City Planner Jim Corcoran, Finance
Director Barrick and Clerk of the Board Money.
3. MINUTES - December 13, 1983
MOVED BY MAC MURRAY, SECONDED BY KNIGHT AND CARRIED UNANIMOUSLY TO
APPROUE THE MINUTES OF DECEMBER 13, 1983 AS PRESENTED.
4. EXECUTIUE DIRECTOR'S REPORT
A. Resolution Authorizing Purchase of Unimproved Property - Sulphur Street
Mr. Trevino reported that, at a previous meeting, the Agency instructed
the Executive Director to enter into negotiations to purchase the
unimproved property adjacent to the existing City parking lot on
Sulphur Street. Staff recommends approval of Resolution �Jo. CRA 83-21,
appointing the Executive Director to sign all necessary documents
including, but not limited to, the deed of trust and the note.
RESOLUTION N0. CRA 83-21
A RESOLUTION Of THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE
ELSINORE, CALIFORNIA, DESIGNATING TNE EXECUTI�E DIRECTOR TO
PERfORM VARIOUS DUTIES IN CONNECTION WITH THE PURCHASE OF
PROPERTY ON SULPHUR STREET.
h10VED BY UNSWORTH, SECONDED BY �ALENZUELA AND CARRIED UNANIMOUSLY TO
APPROVE RESOLUTION N0. CRA 83-21.
B. Tax Flllocation Bond Issue
Mr. Trevino reported that on 4tednesday, December 21, Eugene Nazarek
Jim Bartholomew, Mark La Porte and he met with the firm of Birr-
Wilson in San francisco, regarding the tax allocation bond issue.
The $2,500,000 bond issue should be marketed around January 77 to
January 20, 1984.
C. School District Bond Issue
Mr. Trevino reported that at the meeting with Birr-4lilson on
December 21, the subject of issuing bonds in connection with the
School District was discussed. P4or data is being compiled at
present.
5. WRITTEN COMMUNICATIONS - None.
6. ORAL COMMUNICATIONS - None.