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RDA AGD 20081202 REDEVELOPMENT AGENCY AGENDA REGULAR MEETING DECEMBER 2, 2008 FRED HESSE COMMUNITY PARK, 29301 HAWTHORNE BOULEVARD Time Estimates: The time noted next to an agenda item is only an estimate of the amount of time that will be spent during the meeting on that particular item. Accordingly, these estimates should not be relied on in determining when a matter will be heard, especially since agenda items are often re-ordered during a meeting and may be discussed at any time. CALL TO ORDER: ROLL CALL: NEXT RESOL. NO. RDA 2008-13 APPROVAL OF AGENDA: APPROVAL OF CONSENT CALENDAR: (2 mins) A. Approval of the Minutes (Morreale) Recommendation: Approve the minutes of the November 6, 2008 Adjourned Regular Meeting. B. September 2008 Monthly Report of Cash Balances (McLean) Recommendation: Receive and file the September 2008 Monthly Report of Cash Balances for the Rancho Palos Verdes Redevelopment Agency. C. Register of Demands (McLean) Recommendation: ADOPT RESOLUTION NO. RDA 2008-___, 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. REGULAR BUSINESS: D. Status of Affordable Housing Development on the Redevelopment Agency (20 mins) (RDA) Crestridge Property and Expenditure of Set-Aside Funds to Cover Pre- Development Costs (Pfost) Recommendation: 1) Receive and file a status report on the proposed affordable housing development on the Agency’s Crestridge site; and, 2) Authorize the expenditure of up to $200,000 in pre-development costs from the Agency’s 20% Affordable Housing Set-Aside Fund for the preparation of plans, traffic study, geologic study, biological study, and view/visual studies for the proposed development project. PUBLIC COMMENTS: For items NOT on the agenda. Speakers are limited to three minutes. ADJOURNMENT: Adjourn to a time and place certain only if you wish to meet prior to the next regular Redevelopment Agency Meeting. American with Disabilities Act: In compliance with the Americans with Disabilities Act of 1990, if you require a disability-related modification or accommodation to attend or participate in this meeting, including auxiliary aids or services, please call the City Clerk’s Office at 310 544-5208 at least 48 hours prior to the meeting. NOTE: Staff reports are available for inspection at City Hall, 30940 Hawthorne Boulevard during regular business hours, 7:30 A.M. to 5:30 P.M. Monday – Thursday and 7:30 A.M. to 4:30 P.M. on Friday. The agenda and staff reports can also be viewed at Hesse Community Park, 29301 Hawthorne Boulevard during regular business hours: Monday – Friday from 9:00 A.M. until dusk; Saturday and Sunday from 10:00 A.M. until dusk. Materials related to an item on this Agenda submitted to the Agency after distribution of the agenda packet are available for public inspection at the front counter of the lobby of the City Hall Administration Building at 30940 Hawthorne Boulevard, Rancho Palos Verdes during normal business hours. You can also view the agenda and staff reports at the City’s website www.palosverdes.com/RPV. W:\2008 RDA AGENDAS\20081202 RDA AGENDA.doc Redevelopment Agency Agenda December 2, 2008 Page 2