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2002 01 15 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY MINUTES JANUARY 15, 2002 A regular meeting of the La Quinta Redevelopment Agency was called to order by Chairperson Henderson. PRESENT' Board Members Adolph, Pe~a, Sniff, Chairperson Henderson ABSENT: Board Member Perkins MOTION -It was moved by Board Members Sniff]A~lolph to excuse Board Member Perkins. Motion carried unanimously. - I 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; 2) real property located west of Madison Street between Avenue 60 and Avenue 62 - Property Owner/Negotiator: Davis Capital Management; and 3) real property generally located on the west side of Jefferson Street south of Avenue 52 - Property Owner/Negotiator: KSL The Agency recessed to Closed Session to and until the hour of 3:00 pm. 3:00 P.M. The Agency meeting reconvened at 4:50 p.m. with Board Member Pe~a absent and 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 Redevelopment Agency Minutes 2 January 15, 2002 APPROVAL OF MINUTES MOTION -It was moved by Board Members Adolph/Sniff to approve the Minutes of January 3, 2002, as submitted. Motion carried unanimously with Board Members Pe~a and Perkins ABSENT. CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER DATED JANUARY 15, 2002. 2. TRANSMITTAL OF TREASURER'S REPORT DATED NOVEMBER 30, 2001. 3. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT FOR NOVEMBER 30, 2001, AND INVESTMENT SUMMARY REPORT FOR THE QUARTER ENDING DECEMBER 31, 2001. 4. APPROVAL OF A FINANCING AGREEMENT BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND THE CITY COUNCIL OF THE CITY OF LA QUINTA FOR PARK IMPROVEMENTS TO THE CIVIC CENTER CAMPUS AND ADOPTION OF A RESOLUTION MAKING FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445. (RESOLUTION NO. RA 2002-01) MOTION - It was moved by Board Members Sniff/Adolph to approve the Consent Calendar as recommended, with Item No. 4 being approved by RESOLUTION NO. RA 2002-01. Motion carried unanimously with Board Members Pe~a and Perkins ABSENT. BUSINESS SESSION 1. CONSIDERATION OF A PROPERTY MANAGEMENT FIRM FOR THE LA QUINTA RENTAL HOUSING PROGRAM. Consultant Frank Spevacek presented a brief staff report. In response to Board Member Sniff, Community Dev. elopment Director Herman advised the new property management group will go odt to collect rent payments which the previous management group did not do. He confirmed the $54,000 in lost rents has been written off. He stated the renter's portion of the $850 rental fee is determined by the Section 8 program with the program paying the balance. Redevelopment Agency Minutes 3 January 15, 2002 Mr. Spevacek stated La Quinta Palms Realty has recommended increasing the rental fee to $1,000 with the difference paid by the Section 8 program. He confirmed the rental units are inspected annually by the Section 8 program and that the paper trail will be transferred to the new management group. He further confirmed the management group will try to sell the units. In response to Council Member Adolph, Mr. Herman reported the City is still looking for houses to purchase in the Cove that are in need of rehabilitation. MOTION - It was moved by Board Members Sniff/Adolph to approve the selection of La Quinta Palms Realty to provide property management services for the single family rental units in the La Quinta Rental Housing Program and authorize the Agency Chair to execute the final contract. Motion carried unanimously with Board Members Pe~a and Perkins ABSENT. 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 Adolph/Sniff to adjourn. Motion carried unanimously. Respectfully submitted, JUNE S. GREEK, Agency Secretary La Quinta Redevelopment Agency