HomeMy WebLinkAboutMIN 1997 0709 RDA SPCMINUTES OF THE REDEVELOPMENT AGENCY
Moorpark, California July 9, 1997
A Special Meeting of the Redevelopment Agency of the City of
Moorpark was held on July 9, 1997, in the Conference Room of said
City located at 799 Moorpark Avenue, Moorpark, California.
1. CALL TO ORDER:
Chairman Hunter called the meeting to order at 9:07 p.m.
2. ROLL CALL:
Present: Agency Members Evans, Perez, Teasley, Wozniak
and Chairman Hunter
Staff Present: Steven Kueny, Executive Director; Richard Hare,
Agency Treasurer; Steven Hayes, Economic
Development /Redevelopment Manager; and Lillian
Hare, City Clerk
3. PRESENTATIONS /ACTION /DISCUSSION:
A. Consider Review of Redevelopment Agency Funds. Staff
Recommendation: Direct staff as deemed appropriate.
Mr. Hayes gave the staff report.
Mr. Hare said that redevelopment projects should increase
the economic value of property in the project area,
thereby increasing tax increment revenue and enhancing the
ability of the agency to fund projects. He said the
Mission Bell project was an example of such a project.
In response to Council question, Mr. Kueny said staff
would review the repayment plan from the Agency to the
City and provide that information to the Agency Members.
In response to Council question, Mr. Kueny said staff
would review and re- evaluate the Mission Bell refinancing
and interest rates and provide the information to the
Agency Board.
No action was taken on this item.
4. ADJOURNMENT:
Mayor Hunter adj
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