1987 11 17 RDA/ REDEVELOPMENT AGENCY
AGENDA
CITY COUNCIL CHAMBERS
78-105 Calle Estado
La Quinta, California 92253
Regular Meeting
November 17, 1987 7:30 P.M.
CALL TO ORDER
a. Roll Call
HEARINGS
BUSINESS SESSION
1. Consideration of Contracting with Consultants for
Redevelopment Project Plan.
CONSENT CALENDAR
2. Approval of Minutes of November 3, 1987.
3. Approval of Demands Resolution No. RDA 87-14.
ADJOURNMENT
DECLARATION OF POSTING
I, Saundra L. Juhola, Secretary of the La Quinta
Redevelopment Agency, do hereby certify that the foregoing
agenda for the Redevelopment Agency of November 13, 1987 was
posted on the outside entry to the Council Chambers, 78-105
Calle Estado and at the bulletin board at the La Quinta Post
Office on Friday, November 13, 1987.
D;N;vernberAl3* 1987ary
La Quinta Redevelopment Agency
BIB]
10-23-1998-U01
10:41:48AM-U01
ADMIN-U01
RDA-U02
11-U02
17-U02
1987-U02
/ LA QUINTA REDEVELOPMENT AGENCY
Demand/Warrant/Register*ister
November 17.19**.
check # NAME Purpose Date Amc*i**t*
330 William Hoyle Auto/phone compensation, Nov 11/3/87 $ 100.00
331 Stanley Sniff Auto/phone compensation1 Nov 11/3/87 100.00
332 Dale Bohnenberger Auto/phone compensation; Nov 11/3/87 100.00
333 John Pena Auto/phone compensation, Nov 11/3/87 100.00
334 Judith Cox Auto/phone compensation, Nov 11/3/87 100.00
335 Katz-Hollis Services, August. Debt serv 11/3/87 275.00
special funds release
336 Security Pacific Annual Administrative fee, 11/3/87 11,298.91
re: tax alloc bonds.
337 C. V Water Dist. Repayment advance to IDA 11/3/87 778,000.00
during FY end 6/30/85
TOTAL $790*073.01
BIB]
10-23-1998-U01
10:41:48AM-U01
ADMIN-U01
RDA-U02
11-U02
17-U02
1987-U02
/ STATE*ENT OF FINANCIAL POSITION
At October 31L*l*8!
AssEI*
Cash in Bank * 64*744.76
Restricted Cash 3,892,161.43
LAIF Investments 429,000.00
Aunt available retirement long term debt 3,811,339.72
Aunt to be provided retire long term debt *l*6*2l2L093*00
TOTAL As**I* ***24L409L338. 91
LIABILI TjES
Bonds payable *20,000,000.00
Due to County of Riverside 293,156.00
Notes payable to Uater District *------78L000*00
TOTAL LIABILITIEl *2lLfl!1L756 00
Fund Balance ***3*33lLS82 91
TOTAL LIABILITY a FUND E*u1I! *24L409L338*91
BIB]
10-23-1998-U01
10:41:48AM-U01
ADMIN-U01
RDA-U02
11-U02
17-U02
1987-U02
/ IL',U1)1IA *EDEYILOfNENJ*AGE.NCY*
STATE*ENT OF REVENUES AND EXPENDITURES
At 0ctobe!11*1498..T
COLLECTED ESTIMATED UNCOLLECTED * TO
DATE
12----------------RjV*NUE BALAN*E DAlE
REVENUE
Tax Increment $ 96,313.96 *3,316,000.00 *3,219,686.04 2.9
Interest Earned 1,154.59 32,000.00 23,845,41 25.5
Miscellaneous 45,00 0- 45.00> 0-
lo-IAL *1-04L513.S5 *3L348L0-00-.-0-0 *3L243L48&.45 3.1
EXPENDITURES BUDGET UNCOLLECTED * TO
TO DATE BALANCE DAlE
EXPENDITURES
Debt Service $ 0- *2,259,000.00 *2,259,000.00 0
Taxin9 Agency 0- 30,000.00 30,000.00 0
Professional/Ad. 10,858.75 100,000.00 19,141.25 80.9
Lo* Inc. Housing 0- 927,000.00 927,000.00 0
Net Revenue
***23L654'80> *
FY 87-88 *23L654*80 0-
TOTAL *l04L513'55 *3L3l6L000*00 $3LZ11L486'45 3.2
BIB]
10-23-1998-U01
10:41:48AM-U01
ADMIN-U01
RDA-U02
11-U02
17-U02
1987-U02