REDEVELOPMENT AGENCY FOLLOW UP AGENDA REGULAR MEETING FEBRUARY 6, 2007

DISCLAIMER

The following City Council agenda includes text only version of the staff reports associated with the business matters to be brought before for the City Council at its Regular Meeting of this date. Changes to the staff reports may be necessary prior to the actual City Council meeting. The City Council may elect to delete or continue business matters at the beginning of the City Council Meeting. Additionally, staff reports attachments, including but not limited to, pictures, plans, drawings, spreadsheet presentations, financial statements and correspondences are not included. The attachments are available for review with the official agenda package at the Reception area at City Hall.

...end of disclaimer...
How City Council Meetings Are Conducted

REDEVELOPMENT AGENCY FOLLOW UP AGENDA REGULAR MEETING MARCH 6, 2007 REDEVELOPMENT AGENCY FOLLOW UP AGENDA REGULAR MEETING MARCH 6, 2007 REDEVELOPMENT AGENCY FOLLOW UP AGENDA REGULAR MEETING MARCH 6, 2007

REDEVELOPMENT
AGENCY

FOLLOW-UP AGENDA
REGULAR MEETING
MARCH 6, 2007
FRED HESSE COMMUNITY PARK, 29301 HAWTHORNE BOULEVARD

5:30 P.M. CLOSED SESSION: SEE ATTACHED BROWN ACT CHECK LIST FOR DETAILS.

CALL TO ORDER:

ROLL CALL:

APPROVAL OF AGENDA:

APPROVAL OF CONSENT CALENDAR:

A. Approval of the Minutes (Petru)
Action Taken: Approved the minutes of February 6, 2007.

B. December 2006 Treasurer’s Report (McLean)
Action Taken: Received and filed the December 2006 Treasurer’s Report for the Rancho Palos Verdes Redevelopment Agency.

C. FY06-07 Midyear Financial Report (Downs)
Action Taken: 1) Received and filed the FY06-07 Midyear Financial Report, inclusive of the annual tax increment study in accordance with Resolution No. RDA 90-24; and 2) ADOPTED RESOLUTION NO. RDA 2007-02, AMENDING RESOLUTION NO. RDA 2006-03, THE BUDGET APPROPRIATION FOR FT 06-07, TO INCREASE BUDGETED APPROPRIATIONS IN THE DEBT SERVICE AND HOUSING SET-ASIDE FUNDS OF THE REDEVELOPMENT AGENCY.

PUBLIC COMMENTS: For items NOT on the agenda. Speakers are limited to three minutes.

ADJOURNMENT: Adjourned at 10:42 PM.

CLOSED SESSION AGENDA CHECKLIST
Based on Government Code Section 54954.5

(All Statutory References are to California Government Code Sections)

Conference with Legal Counsel

The City Council/Agency finds, based on advice from legal counsel, that discussion in open session will prejudice the position of the local agency in the litigation:

Potential Litigation:
G.C. 54956.9(b)

Concerning the house located at 40 Cherry Hill Lane that has moved onto Redevelopment Agency property located seaward of Palos Verdes Drive South. Potential Number of Cases: 1