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HomeMy WebLinkAbout11-13-1984 RDAMINUTES REDEVELOPMENT AGENCY CITY OF LAKE ELSINORE 130 SOUTH MAIN STREET LAKE ELSINORE, CA�IfORNIA TUESDAY, NOVEMBER 13, 1984 ***********************���************�* l. CALL TO ORDER r 3 5 0 � The Regular Meeting of the Redevelopment Agency was called to order a� 7:46 p.m. by Chairman Matson. ROLL CALL PRESENT: BOARDMEMBERS: KNIGHT, f4ATSON, STRIfOTTE ABSENT: BOARDMQI6ERS: VERMILLION, VALENZUEIA Also present were: Executive Director Modesti, City ��lanager Molendyk, City Attorney Harper, Corrununity Development Director Corcoran, City Engineer Culp, Finance Director 6arrick and Clerk of the Board P1oney. MINUTES THE MINUTES QF OCTOBER 23, 1984 WERE APPROVED AS PRESENTED. 4. EXECUTIVE DIRECTOR'S REPORT - None, WRITTEN COMhiUNICATIONS - None UNFINISHED BUSINESS A. Willard Corporation - Amendment to Memorandum of Understanding. Ms. Modesti reported that the original Memorandum of Understanding between the Agency and Willard Corporation, dated April 12, 1983, commits the Agency for fifteen thousand dollars ($15,000) in financial assistance to the developer. Since that agreement was executed, Willard has increased the proposed size of their facility and pian to employ an additional one-hundred-twenty (120) employees. Considering the additional employment, additional tax revenue to the City and an informal agreement with the former City Manager, staff recorranends the Memorandum of Understanding with Willard Corporation be amended from fifteen-thousand dollars (515,000) in financial assistance, to thirty-thousand dollars ($30,000). MOVED BY STRIGOTTE, SECONDED BY KNIGHT AND CARRIED UNANI�t0U5LY TO AMEND THE f4EMORANDUM OF UNDERSTANDING WITH WILLARD CORPORATIO� TO READ THIRTY-THOUSAND DOLLARS ($30,000). B. E-Z Products, Inc. - Authorize funds for P4oving Fill Material to Site. Mr. Molendyk reported that, according to the terms of the Memorandum of Understanding between the Agency and E-Z Products, Inc., the City agreed to incur the expense of picking up and transporting fill material to the site of the project. Staff recorrnnends Agency authorize payment of twenty-two-thousand- '�. seven-hundred-sixty-two dollars ($22,762.00) to Mr. John Rainsford, owner of E-Z Products, Inc., to cover the expense of hauling fill material to the site. MOVED BY STRIGOTTE, SECONDED BY KNIGHT AND CARRIED UNANIMOUSLY TO AUTHORIZE PAYMENT TO E-Z FRODUCTS, INC. 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