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RDA MINS 20070306 MINUTES RANCHO PALOS VERDES REDEVELOPMENT AGENCY MARCH 6, 2007 The meeting was called to order at 10:40 P.M. by Chair Long at Fred Hesse Community Park, 29301 Hawthorne Boulevard. Redevelopment Agency roll call was answered as follows: PRESENT: Clark, Gardiner, Stern, Wolowicz and Chair Long ABSENT: None Also present were Interim Executive Director Bussey, Agency Attorney Lynch and Agency Secretary Petru. APPROVAL OF AGENDA Moved by Member Wolowicz and seconded by Member Gardiner, to approve the Agenda as submitted. Without objection, Chair Long so ordered. APPROVAL OF CONSENT CALENDAR Approval of the Minutes (1900) Approved the minutes of February 6, 2007. December 2006 Treasurer's Report (1900) Received and filed the December 2006 Treasurer's Report for the Rancho Palos Verdes Redevelopment Agency. FY06-07 Midyear Financial Report (1900) 1) Received and filed the FYO6-07 Midyear Financial Report, inclusive of the annual tax increment study in accordance with Resolution No. RDA 90-24; and 2) ADOPTED RESOLUTION NO. RDA 2007-02, AMENDING RESOLUTION NO. RDA 2006-03, THE BUDGET APPROPRIATION FOR FT 06-07, TO INCREASE BUDGETED APPROPRIATIONS IN THE DEBT SERVICE AND HOUSING SET-ASIDE FUNDS OF THE REDEVELOPMENT AGENCY. Moved by Vice Chair Stern and seconded by Member Wolowicz, to approve the Consent Calendar. The motion carried as follows: AYES: Clark, Gardiner, Stern, Wolowicz and Chair Long NOES: None ABSTAIN: None ABSENT: None PUBLIC COMMENTS There were no requests to speak from the audience. ADJOURNMENT Member Wolowicz moved to adjourn. Chair Long adjourned the Redevelopment Agency meeting at 10:42 P.M. Chair Attest: Agen Secretary W:\City Council RDA Minutes\2007\20070306 RDA MINS.doc Redevelopment Agency Minutes March 6, 2007 Page 2 of 2