RDA MINS 19930615 M I N U T E S
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
1/ REGULAR MEETING
JUNE 15, 1993
Following the City Council meeting, the Redevelopment Agency
Meeting was called to order at 8:25 P.M.
PRESENT: KUYKENDALL, McTAGGART AND CHAIR BROOKS
ABSENT: BACHARACH
Also present were Executive Director Paul Bussey, Assistant to the
Executive Director Pamela Antil, Director of Public Works Trent
Pulliam, Director of Environmental Services Bret Bernard, Agency
Attorney Carol Lynch and Agency Secretary Jo Purcell.
APPROVAL OF AGENDA
The agenda was approved on motion of Member Kuykendall, seconded by
Member McTaggart. Motion carried.
APPROVAL OF CONSENT CALENDAR
Lois Larue, 3136 Barkentine, spoke to the Loan Agreement between
the City and the Redevelopment Agency and stated that the
people of the community need to know that the City is owed over $2M
by the RDA.
The Board explained that the City loaned the money to the
Redevelopment Agency so the money can be recouped through the tax
increment which accrues annually and that will happen only when
there is sufficient tax increment to assure the Abalone Cove bond
debt can be paid so the liens on the property owners can be
relieved. The Board further explained that the purpose of this
loan document is to make sure that appropriate documentation is
kept of this transaction, that a proper rate of interest is paid to
the City and that the City gets repaid.
Richard Bara, 1 Peppertree Drive, inquired about payment of the
assessments and stated that the $10M caused liens to be placed
against the homeowners but that they are not at this time being
assessed.
The Consent calendar was approved as follows on motion of Member
Kuykendall, seconded by Member McTaggart:
Waived reading in full 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.
MINUTES
Adopted the minutes of June 1, 1993 .
LOAN AGREEMENT BETWEEN THE CITY AND THE REDEVELOPMENT AGENCY (1900)
Authorized the Chairman and the Agency Secretary to execute the
loan agreement between the Redevelopment Agency and the City to I/
fund agency activities in Fiscal Year 1993-94 in the amount of
$133, 000.
RESOL. NO. RDA 93-12 REGISTER OF DEMANDS (1900)
ADOPTED RESOL. NO. RDA 93-12 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: KUYKENDALL, McTAGGART AND CHAIR BROOKS
NOES: NONE
ABSENT: BACHARACH
# # # # # # #
EXECUTIVE DIRECTOR REPORTS:
STATUS OF DIRECTIVES: No changes were made to the document as
presented.
AUDIENCE COMMENTS: Lois Larue, 3136 Barkentine, reported her
concern about what is happening at the panel of expert meetings
because Dr. Perry Ehlig's report was not given to the panel members
and questioned the effects of this lack of communication between
the board and Dr. Ehlig.
Adjournment: At 8: 37 P.M. Member Kuykendall moved to adjourn the
meeting.
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ATTEST:
414 /: 7
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