1992 11 17 RDAing -> 10!0& THE CIT? OF
I 982 98 Ten Ca?I Be 9de
NC?
CITY COUNCIL CHAMBERS
78-105 Calle Estado
La Quinta, California 92253
REGULAR MEETING
NOVEMBER 17, 1992 3:00 F.M.
CALL TO ORDER Beginning Res. No. RA 92-21
a) Roll Call
APPROVAL OF MINUTES
Minutes of October 20, 1992
Minutes of November 2, 1992
PUBLIC COMMENT
CORRESPONDENCE
a. Letter from Stockman Development Company regarding model
homes.
BUSINESS SESSION
1. Consideration of Agreement with Muni Financial Services MFS)
to Provide Citywide Parcel Audit Services.
a) Minute Order Action.
CONSENT CALENDAR None
PUBLIC HEARINGS None
ADJOURNMENT
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ing -> 10!0& 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 November 17, 1992 was posted on the
outside entry to the Council Chamber, 78-105 Calle Estado and on
the bulletin board at the La Quinta Chamber of Commerce on Friday,
November 13, 1992.
DHtd:>? 92.
AU ret?
La Quinta Redevelopment Agency
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CITY Of LA QUINTA
STOC?AN DEVELOPMENT COMPANY C?TY MAN AGE?'S DEPt
La Quinta, Ca.
619-564-5154
4
619-564-6623 fax)
Shingle Springs, Ca.
916-676-3300
916-676-5406 fax)
November 2,1992
TOM GENOVESE HAND DELIVERED
JOHN YONAI VIA FAX:714-836-1748
MARK HUEBSCH VIA FAX:714-725-4100
File: SDC-L/Q-DDA
Re: MODELS
Dear Gentlemen:
It has come to my attention that a contractor Dave Miller and
nis broker, Thomas Butfin, complained to the City Council at their
eetin? of November 2, iY92 that STOCKMAN DEVELOPMENT COMPA?T.Y
improperly utilizing their model homes" by marketing to market
rate buyers".
I do not believe there is any prohibition in the Disposition
and Development Agreement DDA") between the City of La Quinta
Redevelopment Agency RDA") and STOCKMAN DEVELOPMENT COMPANY
against the use of said model homes" in manner said models were
used this weekend, i.e., the marketing of the units to income
qualified persons pursuant to our arrangement with the RDA and the
marketing of similar homes to those persons whose incomes prohibit
them qualifying for the City program".
Clearly it is in the best interest of the City and the RDA
that those persons who are not qualified for the City program, yet
want to live in La Quinta have the widest choice of housing.
Further, if STOCKMAN DEVELOPMENT COMPANY proceeds with the
construction of market rate housing, another goal of the City and
the RDA would be realized, i.e. local sub-contractors and suppliers
would find meaningful employment.
Furthermore, it should be pointed out that STOCI?AN
DEVELOPMENT COMPANY is totally financially responsible for the
costs of the models in question and, in fact owns said inodels
unl??s and intil aid models are put in use dS 1afforddble
housing", pursuant to the terms of the DDA.
However, the foregoing not withstanding, STOCKMAN DEVELOPMENT
COMPANY will voluntarily desist from utilizing said models homes
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eliminate the slightest possibility of any appearance that such
models are being improperly utilized.
Since?ely,
STOC?A? EN COMPANY,
By:
Wal?er E. Stoc?cman
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PUBLIC HEARING:
ITEM TITLE: Consideration of Agreement BUSINESS SESSION:
with Muni Financial Services M.F.S.) to
provide Citywide Parcel Audit Services.
CONSENT CALENDAR;
STUDY SESSION:
BACKGROUND:
The City of La Quinta and the La Quinta Redevelopment Agency relies on
revenue generation work that is done by the County of Riverside pertaining to
parcel tax rate area identification. Inaccurate parcel coding has the
potential of being extremely costly to the City and the RDA. Muni Financial
Services M.F.S.) provides a somewhat unique service of verifying what the
County should have as correct parcel information.
FISCAL IMPLICATIONS:
The possible current and future year savings that result from the audits
correction of parcel information would offset the cost of the audit. The
$22,000 cost would initially be split between the two RDA Project Areas
Account numbers 060-5200-111-020 and 067-5400-111-020 Consultant Services
Project Area 1 & 2) should each have $11,000 appropriated
APPROVED BY:
RECOMMENDATION:
It is the recommendation of staff that the City Council of the City of La
Quinta approve the agreement with M.F. S. and a $22,000 appropriation for
city Wide Parcel Audit Services.
Submitted by: Approved for submission to
city Council:
#i<';4I>? %?<?1<?
Signature I Thomas P. Genovese,
Acting City Manager
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