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RDA MINS 20030304 MINUTES REGULAR MEETING RANCHO PALOS VERDES REDEVELOPMENT AGENCY MARCH 4, 2003 The meeting was called to order at 11:36 P.M. by Chair Stern at Fred Hesse Community Park, 29301 Hawthorne Boulevard. PRESENT: Clark, Gardiner, Ferraro, McTaggart, and Chair Stern ABSENT: None. Also present were Executive Director Les Evans; Agency Attorney Carol Lynch; Director of Planning, Building and Code Enforcement Joel Rojas; Director of Public Works Dean Allison; Agency Secretary Jo Purcell; and Recording Secretary Bothe. APPROVAL OF AGENDA: Member Gardiner moved, seconded by Vice-Chair Ferraro, to approve the Agenda as submitted. Motion carried. APPROVAL OF CONSENT CALENDAR: Vice-Chair Ferraro moved, seconded by Member McTaggart, to approve the Consent Calendar as follows: Minutes. (301) Approved the January 7, 2003 and February 4, 2003 Minutes January 2003 Treasurer's Report. (1900) Ordered received and filed. Resol. No. RDA 2003-01:FY 2002-2003 Midyear Financial Report. (1900) (1) Received and filed the midyear financial report, inclusive of the annual tax increment study in accordance with Resolution No. RDA 90-24; and (2)ADOPTED RESOLUTION NO. RDA 2003-01, AMENDING RESOLUTION NO. RDA 2002-08, THE BUDGET APPROPRIATION FOR FY 2002-2003, TO INCREASE CERTAIN EXPENDITURE APPROPRIATIONS IN THE ABALONE COVE CAPITAL PROJECTS FUND AND DEBT SERVICE FUND OF THE REDEVELOPMENT AGENCY. Resol. No. RDA 2003-02:FY 2002-2003 Education Revenue Augmentation Fund (ERAF) Shift. (1900) ADOPTED RESOLUTION NO. RDA 2003-02, AMENDING RESOLUTION NO. RDA 2002-08, THE BUDGET APPROPRIATION FOR FY 2002-2003, TO INCREASE CERTAIN EXPENDITURE APPROPRIATIONS IN THE DEBT SERVICE FUND OF THE REDEVELOPMENT AGENCY. The motion to approve the Consent Calendar carried on the following roll call vote: AYES: Clark, Ferraro, Gardiner, McTaggart, Chair Stern NOES: None ABSTAIN: Ferraro (January 7 Minutes), Gardiner and McTaggart (February 4 Minutes) PUBLIC COMMENTS: None. ADJOURNMENT: The meeting was adjourned at 11:37 P.M. on motion of Vice-Chair Ferraro. i / a i g* Chair an Attest: , ____;) L : 2: / .7.L. Agency Secretary W:\2003 RDA MINUTES\03042003 RDA MINS.doc Redevelopment Agency Minutes March 4, 2003 Page 2 of 2