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RDA MINS 20031202 MINUTES REGULAR MEETING RANCHO PALOS VERDES REDEVELOPMENT AGENCY DECEMBER 2, 2003 The meeting was called to order at 12:36 A.M. by Chair Gardiner at Fred Hesse Community Park, 29301 Hawthorne Boulevard. PRESENT: Clark, Long, Stern, Wolowicz, and Chair Gardiner ABSENT: None Also present were Executive Director Les Evans; Assistant Executive Director Petru; 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 Denise Bothe. APPROVAL OF AGENDA: Member Stern moved, seconded by Member Clark, to approve the Agenda as submitted. Motion carried without objection. APPROVAL OF CONSENT CALENDAR: Member Stern moved, seconded by Member Clark, to approve the Consent Calendar as follows: Minutes — November 5, 2003. (301) Approved, with Members Long and Wolowicz abstaining. October 2003 Treasurer's Report. (1900) Ordered received and filed. Register of Demands. ADOPTED RESOL. NO. RDA 2003-13, A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY ALLOWING CERTAIN CLAIMS AND DEMANDS AND SPECIFYING FUNDS FROM WHICH THE SAME ARE TO BE PAID. The motion to approve the Consent Calendar carried on the following roll call vote: AYES: Clark, Long, Wolowicz, Stern and Chair Gardiner NOES: None ABSENT: None ABSTAIN: None # # # # # # PUBLIC HEARING: FY 03-04 ERAF Shift and Consolidated Loan Agreement between the City and Agency. (1900 x 602) The staff report of December 2nd recommended the following: (1) Adopt RDA Resolution No 2003-14, A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY MAKING FINDINGS IN CONNECTION WITH THE FY03-04 EDUCATIONAL REVENUE AUGMENTATION FUND PAYMENT AND AUTHORIZING A CONSOLIDATED LOAN AGREEMENT WITH THE CITY OF RANCHO PALOS VERDES IN CONNECTION WITH THE AGENCY'S PROJECT AREA NO. 1; (2) Authorize the Chair and the Agency Secretary to execute the attached Consolidated Loan Agreement between the City and the Rancho Palos Verdes Redevelopment Agency; and, (3) Authorize staff to begin accounting for the cost of administrative services and facilities provided by the City to the Rancho Palos Verdes Redevelopment Agency, effective December 1, 2003; and to add those costs to the outstanding consolidated loan balance between the City and Agency annually. Chairman Gardiner opened the public hearing on this request from staff that the Board authorize an addition to the loan balance of $40,355 (21,309 of administrative fees and the FY02-03 ERAF shift of $19,046) from the City to the Redevelopment Agency to clear the interfund payable/receivable accounts between the City's General fund and the Abalone Cove Fund. Because the payments were previously made by the City to the County, this requested action served merely as an accounting and legal affirmation. The beginning loan balance was adjusted to include the additional loan in the proposed Consolidated Loan Agreement. There being no speakers on this item, the Mayor declared the meeting closed. Member Stern moved, seconded by Member Wolowicz, to approve staff recommendation. The motion carried on the following roll call vote: AYES: Clark, Long, Wolowicz, Stern and Chair Gardiner NOES: None ABSENT: None ABSTAIN: None PUBLIC COMMENTS: None. Redevelopment Agency Minutes December 2, 2003 Page 2 of 3 ADJOURNMENT: Member Stern moved to adjourn the Redevelopment Agency at 12:38 A.M. 4.1° 40 i 04. 41, Mayor Attest: 0 0 YLLti--6 e_ 1 City Clerk W:\City Council RDA Minutes\2003\12022003 RDA mins.doc Redevelopment Agency Minutes December 2, 2003 Page 3 of 3