M I N U T E S
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
MARCH 4, 2003
The meeting was called to order at 11:36 P.M. by Chair Stern at Fred Hesse Community Park, 29301 Hawthorne Boulevard.
PRESENT: Clark, Gardiner, Ferraro, McTaggart, and Chair Stern
Also present were Executive Director Les Evans; Agency Attorney Carol Lynch; Director of Planning, Building and Code Enforcement Joel Rojas; Director of Public Works Dean Allison; Agency Secretary Jo Purcell; and Recording Secretary Bothe.
APPROVAL OF AGENDA:
Member Gardiner moved, seconded by Vice-Chair Ferraro, to approve the Agenda as submitted. Motion carried.
APPROVAL OF CONSENT CALENDAR:
Vice-Chair Ferraro moved, seconded by Member McTaggart, to approve the Consent Calendar as follows:
Approved the January 7, 2003 and February 4, 2003 Minutes
January 2003 Treasurerís Report. (1900)
Ordered received and filed.
Resol. No. RDA 2003-01:FY 2002-2003 Midyear Financial Report. (1900)
(1) Received and filed the midyear financial report, inclusive of the annual tax increment study in accordance with Resolution No. RDA 90-24; and (2) ADOPTED RESOLUTION NO. RDA 2003-01, AMENDING RESOLUTION NO. RDA 2002-08, THE BUDGET APPROPRIATION FOR FY 2002-2003, TO INCREASE CERTAIN EXPENDITURE APPROPRIATIONS IN THE ABALONE COVE CAPITAL PROJECTS FUND AND DEBT SERVICE FUND OF THE REDEVELOPMENT AGENCY.
Resol. No. RDA 2003-02:FY 2002-2003 Education Revenue Augmentation Fund (ERAF) Shift. (1900)
ADOPTED RESOLUTION NO. RDA 2003-02, AMENDING RESOLUTION NO. RDA 2002-08, THE BUDGET APPROPRIATION FOR FY 2002-2003, TO INCREASE CERTAIN EXPENDITURE APPROPRIATIONS IN THE DEBT SERVICE FUND OF THE REDEVELOPMENT AGENCY.
The motion to approve the Consent Calendar carried on the following roll call vote:
AYES: Clark, Ferraro, Gardiner, McTaggart, Chair Stern
ABSTAIN: Ferraro (January 7 Minutes), Gardiner and McTaggart (February 4 Minutes)
ADJOURNMENT: The meeting was adjourned at 11:37 P.M. on motion of Vice-Chair Ferraro.
/s/ Douglas W. Stern
___/s/ Jo Purcell___