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RDA MINS 19930501 ADJ M I N U T E S RANCHO PALOS VERDES REDEVELOPMENT AGENCY ADJOURNED REGULAR MEETING MAY 1, 1993 The meeting of the City of Rancho Palos Verdes Redevelopment Agency convened in an adjourned regular session at 9:55 A.M. on Saturday, May 1, 1993, in the Fred Hesse Community Center, 29301 Hawthorne Boulevard. PRESENT: KUYKENDALL, McTAGGART, BACHARACH AND CHAIR BROOKS ABSENT: NONE Also present were Executive Director Bussey, Assistant to the Executive Director Pamela Antil, Director of Public Works Trent Pulliam, Director of Environmental Services Bret Bernard, Agency Attorney Carol Lynch, Director Finance Brent Mattingly and Parks and Recreation Administrator Ron Rosenfeld. APPROVAL OF AGENDA The agenda was approved as presented. APPROVAL OF CONSENT CALENDAR The consent calendar was approved as written. Adopted a motion to waive full reading of all ordinances and resolutions adopted at the meeting with consent to the waiver of reading deemed to be given by all board members after the reading of the title. REGULAR BUSINESS 1993-94 FISCAL YEAR BUDGET City Manager Bussey presented the staff report. He elaborated on the proposed RDA budget for fiscal year 1993-94. During an extensive review of the proposed budget, Council asked that staff compile a loan summary sheet showing the amount loaned to the RDA by the City and that such information be summarized in the budget document. Upon a request from Council, City Manager Bussey supplied clarification with regard to the process whereby the City loans money to the RDA. In answer to questions from Council, Finance Director Mattingly indicated that staff will obtain background information on miscellaneous revenue received during the past year. The continued deterioration of Palos Verdes Drive South was noted by Council. City Manager Bussey explained the funding for the general maintenance of Palos Verdes Drive South. Council discussed whether road projects in the Redevelopment area should be funded through the RDA. City Manager Bussey confirmed that staff will examine how funding for the road projects should be shown in the budget. During discussion of capital outlay and improvements, Council requested that information about the anticipated longevity of the improvements and the reasoning behind them be explained in the budget. Charles Abbott of Charles Abbott and Associates came forward to provide input in that regard. Council suggested that the City closely monitor the future of the Flying Triangle Landslide area and that there be a continued effort to work with other cities located adjacent thereto. ADJOURNMENT At 10: 35 A.M. the meeting was formally ad' : . ed. -wow C ►' IR ATTEST: /El & FENCY SECRETARY REDEVELOPMENTAGENCY MAY 1, 1993 PAGE2