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RDA MINS 19960402 MINUTES RANCHO PALOS VERDES REDEVELOPMENT AGENCY REGULAR MEETING APRIL 2, 1996 Following the City Council meeting, the meeting of the City of Rancho Palos Verdes Redevelopment Agency was called to order by Chair Lyon. Present: McTaggart, Byrd, Ferraro, Hollingsworth and Chair Lyon Absent: None Also present were Executive Director Paul Bussey, Assistant City Manager Brent Mattingly, Interim Public Works Director Joe Lopez, Planning, Building and Code Enforcement Director Bret Bernard, City Clerk Jo Purcell, and Agency Attorney Carol Lynch. Approval of Agenda Member Byrd moved, seconded by Member Hollingsworth, to approve the agenda as presented. Motion carried. Approval of Consent Calendar Member Hollingsworth moved, seconded by Member McTaggart, to approve the consent calendar as presented. Lois Larue spoke to several of the charges on the Register of Demands. Kathy Shell, Vanderlip Lane, spoke to the expenditure for payment of preparation of the Tax Increment Projections and to the issue of the liens on property in the landslide area. Waiver of Full Reading Waived reading in full of all Ordinances and Resolutions adopted at this meeting with consent to the waiver of reading deemed to be given by all Members after the reading of the title. RESOL.. NO. RDA 96-06 - Register of Demands (602 x 1900) Adopted RESOL. NO. 96-06 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: McTaggart, Byrd, Ferraro, Hollingsworth and Chair Lyon Noes: None # # ## # # REGULAR BUSINESS County Bond Debt Service (1900) Executive Director Paul Bussey summarized his report of April 2 on the matter of the County Bond Debt Service and recommended the following: (1) A pp oint a negotiating g committee as outlined in the staff report, to negotiate certain changes in the County bond issue which provided funds for landslide abatement in the Abalone Cove landslide area; (2) The major objective of the negotiations would be to change the parameters of the current bond issue so that the tax increment would be sufficient to pay the full debt service on the bonds while still having adequate funds to continue with landslide abatement work; and, (3) Reduce current project activity and the expenditure of the bond funds for a period of three months while negotiations take place, at which g p time the project status will be reviewed. Representing the Portuguese Bend Community Association was Sharon Hegetschweiler, 6 Clovetree Place,who posed several questions from the Association's board relative to the Horan Agreement, repayment of City loans by the RDA, how the tax increment would be used, and if a resident of the slide area could be appointed to the RDA Board of Directors. She said that she would fax the information to the City Manager so he could respond to these inquiries. Attorney Lynch opined that state law prohibits people who reside in the redevelopment area from participating in redevelopment agency decisions; and that it was unclear how the Fair Political Practices Commission would rule on the suggestion that a resident in the redevelopment agency area participate on the board. Jack Downhill, 20 Vanderlip Drive, said that there is a substantial number of ro ert p p Y owners in the moratorium area that have a big interest in what is happening in the moratorium area and yet they are unrepresented on the Board. He inquired whether RDA Minutes April 2, 1996 Page 2 building had been proposed for Zone Two; which design was being considered for the sewer system; and, recommended that the Council get a lower rate of interest on payment of the bonds. Kathy Snell, Vanderlip Lane, suggested shrinking the project area to the identified active landslide area; that the tax increment be given back to the County; and, submitted a letter regarding the Kelvin Canyon Spring. She urged the Board not to move forward with the Kelvin Canyon Dewatering Project while the recommended negotiations are taking place. (Ms. Snell's letter is on file with the Agency's Secretary.) Member Ferraro moved, seconded by Member McTaggart to adopt the staff recommendation. The motion carried on the following roll call vote: Ayes: McTaggart, Hollingsworth, Ferraro, Byrd & Chair Lyon Noes: None AUDIENCE COMMENTS: Kathy Snell spoke about the movement of the Portuguese Bend slide and requested that the Board not allow any more dirt to be moved. Lois Larue related her observations of the Portuguese Bend canyon area. Adjournment: At 9:50 P.M. the meeting adjourned. of AV ATTEST: 411 AGENCY SECRETARY RDA Minutes April 2, 1996 Page 3