RDA MINS 19890307 M I N U T E S
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
REGULAR MEETING
MARCH 7 , 1989
The meeting was called to order at 7 : 30 P.M. by Chairwoman
Bacharach, at Hesse Park Community Center, 29301 Hawthorne
Blvd.
PRESENT: McTAGGART, HUGHES, HINCHLIFFE, RYAN AND
CHAIRWOMAN BACHARACH
Also present were Executive Director Dennis McDuffie,
Environmental Services Director Robert Benard, Agency
Secretary Jo Purcell , Acting City Attorney Rochelle Brown,
Finance Director Kevin Smith, and Public Works Director
George Wentz .
APPROVAL OF AGENDA Member Hughes moved,
seconded by Member McTaggart
and carried to approve the
agenda as presented. The
motion carried.
APPROVAL OF CONSENT After removal of the Register
CALENDAR of Demands and the contract for
audit services, the consent
calendar was approved by Chairwoman Bacharach, seconded by
Member McTaggart as follows :
MINUTES Approved the minutes of the
adjourned and regular minutes
of February 21 , 1989 and the minutes of the regular meeting
of January 17 , 1989.
RESOL. NO. RDA 89-5 Adopted RESOLUTION NO. RDA
AMENDMENT TO BY-LAWS 89-5 AMENDING THE REDEVELOP-
( 1801 ) MENT AGENCY'S BY-LAWS.
I/ NAME CHANGE FOR
ABALONE COVE BEACH
Approved renaming Abalone Cove
Beach to "Abalone Cove Shore-
(1201 x 1801 ) line Preserve. "
PALOS VERDES DRIVE SOUTH Awarded a contract for the
RECONSTRUCTION PROJECT reconstruction of Klondike
( 1801 ) Canyon to Copp Construction in
an amount not to exceed $24, 580
plus provide a 15% contingency of $3 ,700 for a total budget
of $28 , 280 .
The motion to approve the consent calendar carried on the
following roll call vote:
AYES: McTAGGART, HUGHES AND CHAIRWOMAN BACHARACH
NOES: NONE
ABSTAIN: HINCHLIFFE AND RYAN
I/# # #
RESOL. NO. RDA 89-6 Executive Director McDuffie
ISSUANCE OF PROMISSORY NOTE presented the staff report of
(1801 ) March 7 , 1989, briefing the
Board on the Agency' s request
for an advance of monies from L.A. County in connection with
the Horan settlement. This proposed resolution was the first
step in securing this advance to cover the cost of certain
proposed projects.
RESOLUTION NO. RDA 89-6 OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY AUTHORIZING THE ISSUANCE OF A PROMISSORY
NOTE was presented by title and ADOPTED on motion of Member
McTaggart, seconded by Member Bacharach and carried with
Hinchliffe and Ryan abstaining.
RESOL. RDA 89-7 Chairwoman Bacharach
REGISTER OF DEMANDS ( 1801 ) commented that she was
concerned about the RDA
expenditures and referred to the report prepared by the
Finance Director listing the revenues for the next 30 years.
She requested that staff prepare an explanation of the Horan
settlement permitted use of these funds by the Agency for
expenses; what other money is available and how the Agency
can re-pay the debt over the next 30 years; also, that a
budget amendment be prepared by the next meeting. It was the
consensus of the Board that on future registers of demand
that unbudgeted items be identified as such.
Chairwoman Bacharach then moved, seconded by Members
McTaggart to adopt Resol . No. RDA 89-7 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 carried on the following roll call vote:
AYES: HUGHES, McTAGGART AND CHAIRWOMAN BACHARACH
NOES: NONE
ABSTAIN: RYAN AND HINCHLIFFE
ANNUAL AUDIT SERVICES ( 1801 ) x Chairwoman Bacharach moved,
(602) seconded by Member McTaggart
to award the annual audit services for the agency to Peat
Marwick for a total of $2 , 700 annually pending the action of
the City Council .
-2- RDA MARCH 7 , 1989
The motion carried on the following roll call vote:
AYES: McTAGGART, HUGHES AND CHAIRWOMAN BACHARACH
NOES: NONE
ABSTAIN: RYAN AND HINCHLIFFE
ADJOURNMENT: At 7 : 40 P.M. the meeting
adjourned on motion of Member
Hughes.
Olkt
AP: tII�L��:
CHAIRWOMAN
ATTEST:
AGENCY SECRET• 'Y
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MIN93 -3- RDA MARCH 7 , 1989