1990 10 16 RDAing -> 10 CITY COUNCIL CHAMBERS
78-105 Calle Estado
La Quinta, California 92253
REGULAR NEETING
October 16, 1990 7:00 P.M.
CALL TO ORDER Beginning Res. No. RA 90-8
a) Roil Call
PUBLIC HEARINGS
BUSINESS SESSION
1. Adoption of a Resolution Authorizing the Execution of a Supplemental
Cooperation Agreement with City of La Quinta Relating to Public
Improvements.
a) Resolution Action.
CONSENT CALENDAR
1. Approval of Minutes of October 2. 1990.
2. Approval of Demand Register.
CLOSED SESSION
ADJOURNMENT
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 October 16, 1990 was posted on the outside entry to the Council Chamber, 78-
105 Calle Estado and on the bulletin board at the La Quinta Post Office on
Friday. October 12. 1990.
DaZO;ber 12. 1 0
ZZZUNDRAL. JUH Secretary
La QuZnta, Redevelopment Agency
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ing -> 10REDEVELOPMENT AGENCY
MEETING DATE: October 16, 1990 AGENDA CATEGORY:
PUBLIC HEARING:
ITEM TITLE:
BUSINESS SESSION: I
ADOPTION OF A RESOLUTION OF THE LA QUINTA
REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTION CONSENT CALENDAR:
OF A SUPPLEMENTAL COOPERATION AGREEMENT WITH
CITY OF LA QUINTA RELATING TO PUBLIC STUDY SESSION:
IMPROVEMENTS.
BACKGROUND:
The attached Resolution has been prepared by the CityZs Redevelopment Agency
Attorney to facilitate and formalize the repayment to the City for debt of
the City incurred on behalf of the Redevelopment Agency.
FISCAL IMPLICATIONS:
APPROVED BY:
RECOMMENDATION:
By motion, approval of the Resolution of the La Quinta Redevelopment Agency
authorizing the execution of a supplemental cooperation agreement with City
of La Quinta relating to Public Improvements.
Submitted by: Approved for submission to
City Council:
Z;1 Z
signature RON KIEDROWSKI, CITY MANAGER
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ing -> 10 RESOLUTION NO.
RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY
AUTHORIZING THE EXECUTION OF A SUPPLEMENTAL COOPERATION
AGREEMENT WITH CITY OF LA QUINTA RELATING TO PUBLIC
IMPROVEMENTS.
WHEREAS, by Ordinance No. 43 adopted on December 29, 1983,
the City Council of the City of La Quinta adopted and approved
a certain Redevelopment Plan the Redevelopment Plan") for
Project Area No. 1, the Project"); and
WHEREAS, pursuant to the Community Redevelopment Law of the
State of California Health and Safety Code Section 33000, et
seq.), the La Quinta Redevelopment Agency the Agency") is
carrying out the Redevelopment Plan for the Project in the
redevelopment project area the Project Area"); and
WHEREAS, in furtherance of the Project, the Agency and the
City desire to enter into an agreement under which the City will
advance funds required to install and construct certain Public
Improvements to serve the project the Improvements") as
described in Exhibit A" attached to said agreement, and the
Agency will pay the City for all costs of such Improvements in
accordance with that certain Cooperation Agreement dated August
16, 1983 between the City and the Agency; and
WHEREAS, the Improvements are of benefit to the Project
Area and the immediate neighborhood of the Project Area in that
they will increase the safety and contribute to the elimination
of blight; and
WHEREAS, arrangements for the Improvements are more
particularly described in the Implementing Agreements", which
are attached hereto as Exhibit B" and incorporated herein by
reference; and
WHEREAS, no other reasonable means of financing such
Improvements are available to the community in that the cost of
the improvements exceeds the financial ability of the City to
pay, no private sources of funding are available, and all state
and federal grant alternatives have been exhausted.
NOW, THEREFORE, BE IT RESOLVED by the La Quinta
Redevelopment Agency as follows:
SECTION I:
The Agency hereby determines that the Improvements are of
benefit to the Project Area and the immediate neighborhood in
which the Project Area is located, and that no other reasonable
means of financing such Improvements are available to the
community, and hereby consents to the undertaking of
construction and installation of the Improvements in accordance
with the Supplemental Cooperation agreement in the form attached
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ing -> 10to this resolution and incorporated herein by reference. The
determination that the Improvements will benefit the Project
Area is based upon the fact that the Improvements will increase
safety and contribute to elimination of blight.
SECTION II:
The Chairman is hereby authorized to execute the Agreement
on behalf of the Agency.
PASSED, APPROVED AND ADOPTED this day of 1990.
JOHN J. PENA, Chairman
La Quinta Redevelopment Agency
ATTEST:
SAUNDRA L. JUHOLA, Secretary
La Quinta Redevelopment Agency
APPROVED AS TO FORM:
DAWN HONEYWELL, City Attorney
City of La Quinta, California
I hereby certify that the foregoing Resolution was
duly and regularly adopted by the La Quinta Redevelopment Agency
at a regular meeting thereof held on the day of
1990, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
SAUNDRA L. JUHOLA, Secretary
La Quinta Redevelopment Agency
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ing -> 10COUNCIL MEETING DATE: October 16,1990 AGENDA CATEGORY:
ITEM TITLE: PUBLIC HEARING:
BUSINESS SESSION:
Demand Register
CONSENT CALENDAR:
STUDY SESSION:
BACKGROUND:
Prepaid Warrants 505-507 $ 1,217,402.27
Payable Warrants
$ 1,217,402.27
FISCAL IMPLICATIONS: APPROVED BY: Z
Demand of Cash $ 1,217,402.27
RECOMMENDATION:
Approval of Demand Register
Submitted by: Approved for submission to
City Council
S'ignature RON'KIEDROWSKI, CITY MANAGER
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ing -> 10 La Quinta Zdeve1oZnt Z
ZZZZd/Warrant Register
10/16/90
aleck # NanZ Purpose Date
505 City of La Quinta Partjal repayeent on loan 10/11/90 $1,182,054.21
506 City of La Oul-ta 1ow/rrZd Subsidy 90-1 7/2/90 15,348.06
507 La Quinta RDA Zney Mkt Establish Zney market
acoount at Security Pac. 7/11/90 20,000.00
ZAL
$1,217,402.27
C;
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