2001 12 18 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY
MINUTES
DECEMBER 18, 2001
A regular meeting of the La Quinta Redevelopment Agency was called to order by
Chairperson Henderson.
PRESENT: Board Members Adolph, Pe~a, Perkins, 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: 1) real property located east of Madison
Street between Avenue 58 and Avenue 60 - Property Owner/Negotiator:
Winchester Development; and, 2) real property located west of Madison Street
between Avenue 60 and Avenue 62 - Property Owner/Negotiator: Davis Capital
Management.
2. Conference with Agency real property negotiator, Jerry Herman, pursuant to
Government Code Section 54956.8 concerning potential terms and conditions
of acquisition and/or disposition of real property located at the northeast corner
of Avenue 48 and Adams Street - APN: 549-030-069 - Property
Owner/Negotiator: Hal Lynch/RGC.)
The Agency recessed to Closed Session to and until the hour of 7:00 pm.
7:00 P.M.
PUBLIC COMMENT- None
CONFIRMATION OF AGENDA - Confirmed
Redevelopment Agency Minutes 2 December 18, 2001
APPROVAL OF MINUTES
MOTION -It was moved by Board Members Sniff/Adolph to approve the Minutes of
December 4, 2001, as submitted. Motion carried unanimously.
CONSENT CALENDAR
1. APPROVAL OF DEMAND REGISTER DATED DECEMBER 18, 2001.
2. TRANSMITTAL OF TREASURER'S REPORT AS OF OCTOBER 31, 2001.
3. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED OCTOBER 31,
2001.
'4. APPROVAL OF ANNUAL CONTINUING DISCLOSURE FOR THE LA QUINTA
REDEVELOPMENT AGENCY 1995, 1998, AND 2001 TAX ALLOCATION
BONDS FOR FISCAL YEAR ENDING JUNE 30, 2001.
MOTION - It was moved by Board Members Sniff/Adolph to approve the
Consent Calendar as recommended. Motion carried unanimously.
BUSINESS SESSION
1. CONSIDERATION OF APPROPRIATING $55,000 FROM THE UNALLOCATED
RESERVES OF PROJECT AREA NO. 2 REDEVELOPMENT FUND TO
UNDERWRITE THE EXPENSES ASSOCIATED WITH PREPARING THE SPECIFIC
PLAN FOR THE AGENCY'S MILES AVENUE/WASHINGTON STREET PROPERTY.
There were no changes to the staff report as submitted and on file in the City
Clerk's Office.
MOTION - It was moved by Board Members Pe~a/Sniff to appropriate $55,000
from the unallocated reserves from the Project Area No. 2 Redevelopment
Housing Fund to a new Miles Avenue/Washington Street Planning Account
Number 246-906-685-000. Motion carried unanimously.
Redevelopment Agency Minutes 3 December 18, 2001
2. CONSIDERATION OF REIMBURSING STAMKO DEVELOPMENT AND CENTURY
CROWELL COMMUNITIES, LP FOR CERTAIN IMPROVEMENTS RELATED TO
THE DEVELOPMENT OF THE AGENCY'S 55-ACRE PARCEL LOCATED
SOUTHEAST OF THE INTERSECTION OF MILES AVENUE AND WASHINGTON
STREET.
Board Member Pe~a abstained due to a potential conflict of interest and left the
dais.
Community Development Director Herman presented the staff report.
MOTION - It was moved by Board Members Sniff/Adolph to: 1) direct staff to
reimburse Stamko Development and Century Crowell Communities a total of
$95,878 for certain improvements related to the development of the Agency's
Miles Avenue and Washington Street property; and 2) appropriate $95,878, of
which $45,072 would come from the Unallocated Reserves from Project Area
No. 2, Capital Projects Fund and transferred to new Account Number 406-905-
692-000, Stamko/Century Reimbursement, and $50,806 from the Unallocated
Reserves Project Area No. 2 Housing Fund transferred to new Account Number
246-906-687-000, Stamko/Century Reimbursement. Motion carried with Board
Member Pe~a ABSENT.
STUDY SESSION - None
DEPARTMENT REPORTS - None
CHAIR AND BOARD MEMBERS' ITEMS - None
PUBLIC HEARINGS- None
The Agency recessed to Closed Session as delineated on Page 1.
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).
Redevelopment Agency Minutes 4 December 18, 2001
ADJOURNMENT
There being no further business the meeting was adjourned.
Respectfully submitted,
JUNE S. GREEK, Agency Secretary
La Quinta Redevelopment Agency