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HomeMy WebLinkAbout01-28-1986 RDAMINUTES REDEVELOPMENT AGENCY CITY OF LAKE ELSINORE 130 SOUTH MAIN STREET LAKE ELSINORE, CALIFORNIA TUESDAY, JANUARY 28, 1986 1. CALL TO ORDER The Regular Meeting of the Redevelopment Agency was called to order at 8:00 p.m. by Chairman Matson. 2. ROLL CALL PRESENT: BOARDMEMBERS: MATSON, STRIGOTTE, VERMILLION, VALENZUELA ABSENT: BOARDMEMBERS: KNIGHT Also present were: Executive Director Molendyk, Assistant City Manager Gilbert, Agency Counsel Harper, Community Development Director Miller, City Engineer Keith, Finance Director Barrick and Clerk of the Board Money. 3. MINUTES Minutes of January 14, 1986 were approved as presented. 4. EXECUTIVE DIRECTOR'S REPORT 1) Mr. Molendyk reported that Carl's Jr. restaurant opened last week and the retail stores behind Carl's are being completed at this time. Mr. Palmer, the developer, is hoping to have a ground -breaking on the sixteen acre shopping center within ninety (90) days. Architects -are,- presently are"presently working on a conceptual plan for the additional fifty (50) 1 acres on the other side of I-15 and Railroad Canyon Road, which they plan to develop this year. 2) Mr. Molendyk reported that he and Mr. Miller have been working with TS Development on a new seventeen -acre shopping center near Malaga and Mission Trail. Major tenants will be Thrifty Drug, Builders Emporium and a major food store chain. 3) Mr. Molendyk distributed color brochures which have been prepared by the developers of the Highway 74 and I-15 shopping center. The developer hopes to have data available from the consultant for presentation at the next Agency Board meeting. 5. UNFINISHED BUSINESS Report on Project Area No. II. Mr. Harper reported that Mr. Nazarek has been in contact with the Finance Director and Mr. Rolapp and they are proceeding to determine the size of bond issue which can be considered for Project Area II. 6. NEW BUSINESS - None. 7. REPORTS AND RECOMMENDATIONS Mr. Strigotte asked if the liability issue needed to be addressed separately for the Redevelopment Agency. Mr. Harper explained that whatever insurance ! is available to the City and Councilmembers would also cover the Redevelop- ment Agency and its Boardmembers, as well as L.E.T.S. Boardmembers. Mrs. Valenzuela commented that the new Heritage Bank on Mission Trail is completed and open for business. She urged everyone to stop by and see the new facility. Page two Redevelopment Agency Minutes January 28, 1986 ADJOURNMENT MOVED BY STRIGOTTE, SECONDED BY VALENZUELA AND CARRIED UNANIMOUSLY TO ADJOURN THE REGULAR MEETING OF THE REDEVELOPMENT AGENCY AT 8:05 P.M. vl 2 OHN MATSON, CHAIRMAN REDEVELOPMENT AGENCY Respectfully submitted, Jo n Money, Clerk of the B d 0