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HomeMy WebLinkAboutcc min 1997/03/11 RDA MINUTES OF A SPECIAL JOINT MEETING OF THE REDEVELOPMENT AGENCY/COUNCIL OF THE CITY OF CHULA VISTA Tuesday, March 11, 1997 6:40 p.m. 1. ROLL CALL: PRESENT: ALSO PRESENT: CALL TO ORDER Council Chambers Public Services Building Agency/Councilmembers John S. Moot, Stephen C. Padilia, Jerry R. Rindone, Mary Salas, and Chair/Mayor Shirley A. Horton John Goss, Director/City Manager; John M. Kaheny, Legal Counsel/City Attomey; Beverly A. Authelet, City Clerk; and Patricia Schwenke, Deputy City Clerk. CONSENT CALENDAR (Item pulled: 3) THE BALANCE OF THE CONSENT CALENDAR WAS OFFERED BY COUNCILMEMBER SALAS, reading of the text was waived, title read, passed, and approved unanimously 5-0. 2. APPROVAL OF MINUTES: February 4, 1997 (Regular meeting); February 11, 1997 (Special meeting) 3. REPORT: AUDITED FINANCIAL STATEMENTS FOR FISCAL YEAR ENDED JUNE 30, 1996- Presented for Council/Agency information and acceptance are the Audited Financial Statements for the fiscal year ended June 30, 1996, as prepared by the independent audit firm of Moreland & Associates. Both the City's and the Agency's Annual Financial Reports received unqualified opinions from the independent audit firm. Staff recommends the Council and Agency accept the Fiscal Year 1995-96 Financial Statements. MSC (Salasatorton) to continue to 3/25/97, approved unanimously 5-0. Councilmember Rindone requested when this item returns to the Agency/Council for staff to report on the $7 million debt service and indicate if there is a way the City can pay this back. He also requested staff to explain in their report why the traffic signal special revenue fund is $956,068 in the red. * * * END OF CONSENT CALENDAR * * * ORAL COMMUNICATIONS None. ITEMS PULLED FROM THE CONSENT CALENDAR (Item 3 - The minutes will reflect the published agenda order.) OTHER BUSINESS 4. DIRECTOR'S/CITY MANAGER'S REPORT(S): None. Minutes March 11, 1997 Page 2 5. CHAIR'S/MAYOR'S REPORT(S): None. 6. AGENCY/COUNCILMEMBER COMMENTS: None. The meeting adjourned at 6:45 p.m. AD.IOURNMENT by: Respectfully submitted, BEVERLY A. AUTHELET, CMC/AAE Patricia Schwenke, Deputy City Clerk