04-0615_CRA_Minutes_Regular MeetingMINUTES
June 15, 2004
SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY
BOARD OF DIRECTORS
CLOSED SESSION (610.85): None
Chairman Bathgate called the Regular Meeting of the Board of Directors of the San
Juan Capistrano Community Redevelopment Agency to order at 8:58 p.m.
ROLL CALL
BOARD MEMBERS PRESENT: Wyatt Hart, David M. Swerdlin, Joe Soto, Vice
Chairman Sam Allevato, Chairman Bathgate.
BOARD MEMBERS ABSENT: None
STAFF PRESENT: David Adams, Executive Director; Molly Bogh, Deputy Director;
Cynthia L. Russell, Finance Officer; Meg Monahan, Agency Secretary; John Shaw,
Agency Counsel; Douglas Dumhart, Economic Development Manager; and Eileen
White, Recording Secretary.
CONSENT CALENDAR
Board Action: Moved by Director Swerdlin seconded by Director Hart, and carried
unanimously, 5-0, to approve items 1 through 3 as recommended by staff.
COMMUNITY REDEVELOPMENT AGENCY MINUTES OF THE REGULAR
MEETING OF MAY 18, 2004, APPROVED AS SUBMITTED.
2. ACCOUNTS PAYABLE WARRANTS DATED MAY 27, 2004, IN THE AMOUNT
OF $31,363.24 RECEIVED AND FILED. (300.30)
ONE YEAR EXTENSION OF THE AGREEMENT FOR ANNUAL AUDIT
SERVICES WITH MORELAND & ASSOCIATES, FOR THE FISCAL YEAR
ENDING JUNE 30, 2004, IN THE AMOUNT NOT TO EXCEED $28,150,
APPROVED. (600.40)
BOARD ACTIONS
RESOLUTION NO. CRA 04-06-15-01 ADOPTED APPROVING THE
COOPERATION AND REPAYMENT AGREEMENT BETWEEN THE
COMMUNITY REDEVELOPMENT AGENCY AND THE CITY; AND THE
CHAIRMAN AUTHORIZED TO EXECUTE THE AGREEMENT.(600.40)
6-15-2004
Description: The Community Redevelopment Agency Budget uses General
Fund loans to cash flow current operations. Administrative staff charges, outside
financial, legal and other services are estimated during the budget process and
designated for the Agency budget. The funds will be repaid from available future
tax increments, which are anticipated to be sufficient to fund the Agency
obligations and repay the City's General Fund. Staff recommended the Agency
adopt the resolution approving the Cooperation and Repayment Agreement.
Written Communications: Report dated June 15, 2004, by Cynthia L. Russell,
Finance Officer.
Board Action: Moved by Director Swerdlin, seconded by Director Hart, and
carried unanimously, 5-0, to adopt Resolution No. CRA 04-06-15-01, entitled "A
RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN JUAN
CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, APPROVING A
COOPERATION AND REPAYMENT AGREEMENT BETWEEN THE SAN JUAN
CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY AND THE CITY OF
SAN JUAN CAPISTRANO;" and the Chairman authorized to execute the
Cooperation and Repayment Agreement Document.
PUBLIC HEARINGS
RESOLUTION NO. CRA 04-06-15-02 ADOPTED APPROVING THE FISCAL
YEAR 2004-2005 SAN JUAN COMMUNITY REDEVELOPMENT AGENCY
OPERATING AND CAPITAL IMPROVEMENT PROJECT (CIP) BUDGET
(330.70)
Description: The FY 2004/05 Community Redevelopment Agency Budget
provides revenue and expenditure projections for the coming year. Staff
recommended the Agency receive public testimony, discuss the proposed
expenditures, and adopt the resolution approving the budget.
Written Communications: Report dated June 15, 2004, by Cynthia L. Russell,
Finance Officer.
Presentation: Cynthia L. Russell, Finance Officer, summarized the staff report.
Chairman Bathgate opened the public hearing, and there being no public
testimony, closed the public hearing.
Board Action: Moved by Director Hart, seconded by Director Soto, and
carried unanimously, 5-0, to adopt Resolution No. CRA 04-06-15-02, entitled "A
RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN JUAN
CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY ADOPTING THE
FISCAL YEAR 2004/2005 BUDGET AND AUTHORIZING EXPENDITURES AND
APPROPRIATIONS RELATED THERETO."
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ADJOURNMENT
There being no further business, Chairman Bathgate adjourned the meeting at 9:03
p.m. to Tuesday, July 6, 2004, at 5:00 p.m. for Closed Session, and 7:00 p.m., for the
Public Business Session, in the City Council Chamber.
Respectfully
,SECRETARY
July 20, 2004
CHAIRMAN DIANE ATE
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