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2001 08 07 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY MINUTES AUGUST 7, 2001 A regular meeting of the La Quinta Redevelopment Agency was called to order by Chairperson Henderson. PRESENT. Board Members Adolph, Pe~a, Perkins (arrived 2'30 p.m.), Sniff, Chairperson Henderson ABSENT: None PUBLIC COMMENT- None CLOSED SESSION 1. Conference with Agency's real property negotiator, Mark Weiss, pursuant to Government Code Section 54956.8 concerning potential terms and conditions of acquisition and/or disposition of real property generally located on the northwest corner of Highway 111 and Washington Street. Property ......... Owner/Negotiator: Ayers Group. The Agency recessed to Closed Session to and until the hour of 7:00 pm. 7:00 P.M. The Agency meeting reconvened with no decisions being made in Closed Session which require reporting pursuant to Section 54957.1 of the Government Code (Brown Act). PUBLIC COMMENT- None CONFIRMATION OF AGENDA- Confirmed APPROVAL OF MINUTES MOTION- It was moved by Board Members Adolph/Pe~a to approve the Minutes of Julv 1 7. 2001. as .q~JhmittRd_ Mntinn c.~rri~_d ~,nnnimn,~l~/ Redevelopment Agency Minutes 2 August 7, 2001 CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER DATED AUGUST 7, 2001. MOTION -It was moved by Board Members Sniff/Pe~a to approve the Consent Calendar as recommended. Motion carried unanimously. BUSINESS SESSION 1. CONSIDERATION OF AN IMPLEMENTATION AGREEMENT RELATING TO PREPAYMENT OF DEBT PURSUANT TO THE REPLACEMENT COOPERATION AGREEMENT BETWEEN THE COUNTY OF RIVERSIDE, THE CITY OF LA QUINTA, AND THE LA QUINTA REDEVELOPMENT AGENCY. Executive Director Genovese advised no action is required at this time except for authorization to repay the loan. MOTION - It was moved by Board Members Pe~a/Sniff to authorize staff to move forward with repayment of the loan with Riverside County. Motion carried unanimously. STUDY SESSION - None DEPARTMENT REPORTS - None CHAIR AND BOARD MEMBERS' ITEMS - None PUBLIC HEARINGS - None ADJOURNMENT There being no further business, it was moved by Board Members Pe~a/Sniff to adjourn. Motion carried unanimously. Respectfully submitted,