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1997 07 01 RDAing -> 10;= Redevelopment Agency Agenda CITY COUNCIL CHAMBER 78-495 CalIe Tampico La Quinta, California 92253 Regular Meeting July 1, 1997 3:00 P.M. CALL TO ORDER a. Roll Call Beginning Res. No. RA 97-02 PUBLIC COMMENT This is the time set aside for public comment on any matter not scheduled for a public hearing. Please complete a request to speak" form and limit your comments to three minutes. Please watch the timing device on the podium. CONFIRMATION OF AGENDA APPROVAL OF MINUTES a. Approval of Minutes of June 17, 1997 BUSINESS SESSION None OOO;j?;j BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;=CONSENT CALENDAR Note: Consent Calendar items are considered to be routine in nature and will be approved by one motion. 1. APPROVAL OF DEMAND REGISTER DATED JULY 1, 1997. 2. APPROVAL OF SETTLEMENT AGREEMENTS IN THE 0CM LITIGATION WITH: 1) ALPINE BANKS, 2) STOCKTON SAVINGS, AND 3) SAN DIEGO POOLED INVESTMENT PROGRAM AUTHORITY. DEPARTMENT REPORTS None CHAIR AND BOARD MEMBERS' ITEMS PUBLIC HEARINGS None CLOSED SESSION None ADJOURNMENT Page 2 U-f()C'CCO BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;= DECLARATION OF POSTING I, Saundra L. Juhola, Secretary of the La Quinta Redevelopment Agency, do hereby declare that the foregoing agenda for the Redevelopment Agency meeting of July 1, 1997 was posted on the outside entry to the Council Chamber, 78-495 Calle Tampico and on the bulletin board at the La Quinta Chamber of Commerce and at Albertson's, 78-630 Highway 111, on Friday, June 27, 1997. La Quinta Redevelopment Agency PUBLIC NOTICE The La Quinta City Council Chamber is handicapped accessible. If special equipment is needed for the hearing impaired, please call the City Clerk's Office at 777-7025, 24-hours in advance of the meeting and accommodations will be made. Page 3 BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;= 4i OF AGENDA CATEGORY: BUSINESS SESSION COUNCW?A MEETING DATE: JULY 1, 1997 CONSENT CALENDAR D ITEM TITLE: STUDY SESSION Demand Register Dated July 1997 PUBLIC HEARING RECONtNIENDATION; Approve Demand Register Dated July l, 1997 BACKGROUND: Prepaid Warrants: 29482- 29495? 83,029.75 29496- 29507? 39,014.25 29508- 29509? 317,911.20 Wire Transfers 60,250.00 PIR 16069-16145 76,219.84 PJR Tax Transfers? 22,210.50 CITY DEMANDS $705,909.42 Payable Warrants: 29510-29614 189,803.25 RDADEMANDS 82,529.37 $788,438.79 $788,438.79 FISCAL LMPLICATIONS: Demand of Cash RDA $82,529.37 I4j hn O()OG? BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10; = NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;!= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;"= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;#= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;$= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;%= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;&= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;'= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;(= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;)= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;*= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;+= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;,= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;-= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;.= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;/= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;0= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;1= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;= z 4 AGENDA CATEGORY: BUSINESS SESSION: COUNCILIRDA MEETING DATE: July 1 1997 CONSENT CALENDAR: z ITEM TIThE: STUDY SESSION: Approval of Settlement and Release PUBLIC HEARING: Agreements with 1)Alpine Banks; 2) Stockton Savings; and 3) San Diego Pooled Investment Program Authority RECOMMENDATION: Approval of the Settlement and Release Agreements based on Council's prior settlement negotiation authorization. FISCAL IMPLICATIONS: City will receive $47,000. BACKGROUND AND OVERVIEW: This matter concerns part of the liquidation of the Steven Wymer estate. The parties concerned are described in the attached letters from Stradling, Yocca, Carlson & Rauth. All of the settlements are within the settlement authority previously authorized by Council in direction to Mr. Cannon of SYC&R. FINDINGS AND ALTERNATIVES 1. Approval of the Settlement and Release Agreements. fh P?') r' BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;2= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;3= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;4= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;5= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;6= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;7= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;8= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;9= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;:= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;;= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;<= NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10;== NOTEXTPAGE BIB] 08-11-1999-U01 11:30:48AM-U01 ADMIN-U01 RDA-U02 07-U02 01-U02 1997-U02 ing -> 10" NOTEXTPAGE BIB] 02-02-1999-U01 02:40:04PM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1991-U02 ing -> 10" NOTEXTPAGE BIB] 02-02-1999-U01 02:40:04PM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1991-U02 ing -> 10" NOTEXTPAGE BIB] 02-02-1999-U01 02:40:04PM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1991-U02 ing -> 10" NOTEXTPAGE BIB] 02-02-1999-U01 02:40:04PM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1991-U02 ing -> 10" NOTEXTPAGE BIB] 02-02-1999-U01 02:40:04PM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1991-U02 ing -> 10" NOTEXTPAGE BIB] 02-02-1999-U01 02:40:04PM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1991-U02 ing -> 10" NOTEXTPAGE BIB] 02-02-1999-U01 02:40:04PM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1991-U02 ing -> 10" NOTEXTPAGE BIB] 02-02-1999-U01 02:40:04PM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1991-U02 ing -> 10" NOTEXTPAGE BIB] 02-02-1999-U01 02:40:04PM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1991-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105 $ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02 ing -> 105$ NOTEXTPAGE BIB] 07-12-1999-U01 11:03:16AM-U01 ADMIN-U01 RDA-U02 07-U02 02-U02 1996-U02