2002 03 19 RDAce4hf 4 Sep
Redevelopment Agency Agendas are
available on the City's Web Page
@ www.la-quinta.org
Redevelopment Agency
Agenda
CITY COUNCIL CHAMBER
78-495 Calle Tampico
La Quinta, California 92253
Regular Meeting
Tuesday, March 19, 2002 - 2:00 P.M.
Beginning Res. No. RA 2002-06
I. CALL TO ORDER
Roll Call:
Board Members: Adolph, Pena, Perkins, Sniff, Chairperson Henderson
II. PUBLIC COMMENT
At this time, members of the public may address the Redevelopment Agency on any
matter not listed on the agenda. Please complete a "request to speak" form and limit
your comments to three minutes. Please watch the timing device on the podium.
III. CLOSED SESSION
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
LOCATED EAST OF MADISON STREET BETWEEN AVENUE 58 AND AVENUE 60.
PROPERTY OWNER/NEGOTIATOR: WINCHESTER DEVELOPMENT; AND REAL PROPERTY
GENERALLY LOCATED ON THE WEST SIDE OF JEFFERSON STREET, SOUTH OF
AVENUE 52. PROPERTY OWNER/NEGOTIATOR: KSL
2. CONFERENCE WITH AGENCY'S 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 WEST OF MONTEZUMA, EAST OF THE COACHELLA VALLEY WATER
DISTRICT STORM WATER CHANNEL, SOUTH OF CALLE ENSENADA AND NORTH OF
CALLE CHILLON. ASSESSORS PARCEL NUMBERS: 773-245-002, 773-21 1-027, 777-
190-003, AND 773-002-003. PROPERTY OWNER/NEGOTIATOR: C. BYRON MURPHY
RDA Agenda
March 19, 2002
3. 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
LOCATED 50-777 SANTA ROSA PLAZA. PROPERTY OWNER/NEGOTIATOR: DANNY
BROWN.
NOTE: Time permitting, the Redevelopment Agency Board may conduct Closed Session
discussions during the dinner recess. In addition, when the Agency is considering
acquisition of property, persons identified as negotiating parties are not invited into the
Closed Session Meeting.
RECONVENE AT 3:00 PM
IV. PUBLIC COMMENT
At this time members of the public may address the Agency Board on items that appear
within the Consent Calendar or matters that are not listed on the agenda. Please
complete a "request to speak" form and limit your comments to three minutes.
When you are called to speak, please come forward and state your name for the
record. Please watch the timing device on the podium.
For all Agency Business Session matters or Public Hearings on the agenda, a completed
"request to speak" form must be filed with the City Clerk prior to the Agency
beginning consideration of that item.
V. CONFIRMATION OF AGENDA
VI. APPROVAL OF MINUTES
1 . MINUTES OF THE MEETING OF MARCH 5, 2002.
VII. CONSENT CALENDAR
Note: Consent Calendar items are considered to be routine in nature and will be approved by
one motion.
APPROVAL OF DEMAND REGISTER DATED MARCH 19, 2002.
2. TRANSMITTAL OF TREASURER'S REPORT DATED JANUARY 31, 2002.
3. REVENUE AND EXPENDITURE REPORT DATED JANUARY 31, 2002.
4. APPROVAL OF A CONTRACT SERVICES AGREEMENT FOR REDEVELOPMENT,
HOUSING, AND ECONOMIC DEVELOPMENT WITH ROSENOW SPEVACEK GROUP, INC.
Vill. BUSINESS SESSION - None
IX. PRESENTATIONS - None
00
RDA Agenda -2- March 19, 2002
X. STUDY SESSION - None
XI. DEPARTMENT REPORTS
XII. CHAIR AND BOARD MEMBERS' ITEMS
XIII. PUBLIC HEARINGS
XIV. ADJOURNMENT - Adjourn to a Regular Meeting of the Redevelopment Agency to be held on
April 2, 2002, commencing with Closed Session at 2:00 P.M. in the City Council Chambers,
78-495 Calle Tampico, CA 92253.
RDA Agenda -3- March 19, 2002
DECLARATION OF POSTING
I, June S. Greek, City Clerk of the City of La Quinta, do hereby declare that the foregoing agenda for
the La Quinta Redevelopment Agency meeting of Tuesday, March 19, 2002, was posted on the outside
entry to the Council Chambers, 78-495 Calle Tampico and on the bulletin board at the La Quinta
Chamber of Commerce and at Stater Bros. 78-630 Highway 1 1 1, on Friday, March 15, 2002.
DATED: March 15, 2002
P�6�� Co<
JUN REEK, CIVIC
City Clerk, City of La Quinta, California
PUBLIC NOTICES
The La Quinta City Council Chamber is handicapped accessible. If special equipment is needed for the
hearing impaired, please call the City Clerk's Office at 777-7025, 24-hours in advance of the meeting
and accommodations will be made
004
RDA Agenda -4- March 19, 2002
AGENDA CATEGORY:
BUSINESS SESSION
COUNCIL/RDA MEETING DATE: MARCH 19, 2002
CONSENT CALENDAR
ITEM TITLE:
Demand Register Dated March 19, 2002
RECOMMENDATION:
It is recommended the Redevelopment Agency Board:
STUDY SESSION
PUBLIC HEARING
Receive and File the Demand Register Dated March 19, 2002 of which $341,500.22
represents Redevelopment Agency Expenditures.
PLEASE SEE CONSENT CALENDAR ITEM NUMBER 1 ON CITY COUNCIL AGENDA
00 )
COUNCIL/RDA MEETING DATE: March 19, 2002
Transmittal of Treasurer's Report
as of January 31, 2002
RECOMMENDATION:
It is recommended the Redevelopment Agency Board:
Receive and file.
CV
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
006
I . 1. 1. 7JI
COUNCIL/RDA MEETING DATE: March 19, 2002
ITEM TITLE:
Transmittal of Revenue and Expenditure
Report for January 31, 2002
RECOMMENDATION:
Receive and File
BACKGROUND AND OVERVIEW:
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: .3
STUDY SESSION:
PUBLIC HEARING:
Transmittal of the January 31, 2002 Statement of Revenue and Expenditures for the
La Quinta Redevelopment Agency.
Respect fjully submitted,
Jdhn M. Falconer? Finance Director
Ap roved for submission by:
Thomas P. Genovese, City Manager
Attachments: 1. Revenue and Expenditures Report, January 31, 2002
007
LA QUINTA REDEVELOPMENT AGENCY
REVENUE SUMMARY
PROJECT AREA NO.1:
DEBT SERVICE FUND:
Tax Increment
Allocated Interest
Non Allocated Interest
Interest Advance Proceeds
Transfers In
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT FUND:
Pooled Cash Allocated Interest
Non Allocated Interest
Litigation Settlement Revenue
Bond Proceeds
Transfers In
TOTAL CAPITAL IMPROVEMENT
LOW/MODERATE TAX FUND:
Tax Increment
Allocated Interest
Non Allocated Interest
Miscellaneous revenue
Non Allocated Interest
LQRP-Rent Revenue
Home Sales Proceeds
Sale of Land
Sewer Subsidy Reimbursements
Rehabilitation Loan Repayments
Transfer In
TOTAL LOW/MOD TAX
LOW/MODERATE BOND FUND:
Allocated Interest
Home Sale Proceeds
Non Allocated Interest
Transfer In
TOTAL LOWIMOD BOND
REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
16,822,503.00 8,659,165.90
8,163,337.10
51.470%
42,496.79
(42,496.79)
0.000%
77,484.79
(77,484.79)
0.000%
446,142.00 0.00
446,142.00
0.000%
10,349,589.00 9,743,485.49
606,103.51
94.140%
27,618,234.00 18,522,632.97
9,095,601.03
67.070%
58,353.62
(58,353.62)
0.000%
125,000.00 80,827.45
44,172.55
64.660%
0.00
0.00
0.000%
48,000,000.00 48,000,000.00
0.00
100.000%
0.00
0.00
0.000%
48,125,000.00
48,139,181.07
(14,181.07)
100.030%
4,205,626.00
2,164,791.48
2,040,834.52
51.470%
50,000.00
19,952.73
30,047.27
39.910%
0.00
0.00
0.000%
1.00
(1.00)
0.000%
0.00
0.00
0.000%
341,000.00
161,703.29
179,296.71
47.420%
150,000.00
0.00
150,000.00
0.000%
0.00
0.00
0.000%
35,618.88
(35,618.88)
0.000%
26,899.09
(26,899.09)
0.000%
0.00
0.00
0.000%
4,746,626.00 2,408,966.47
2,337,659.53
50.750%
0.00
0.00
0.000%
0.00
0.00
0.000%
47,831.41
(47,831.41)
0.000%
0.00
0.00
0.000%
0.00 47,831.41 (47,831.41) 0.000%
0a
LA QUINTA REDEVELOPMENT AGENCY
EXPENDITURE SUMMARY
PROJECT AREA NO. 1:
DEBT SERVICE FUND:
SERVICES
BOND PRINCIPAL
BOND INTEREST
INTEREST CITY ADVANCE
INTEREST - ERAFLOAN
PASS THROUGH PAYMENTS
TRANSFERS OUT
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT FUND:
PERSONNEL
SERVICES
LAND ACQUISITION
ASSESSMENT DISTRICT
ECONOMIC DEVELOPMENT
CAPITAL - BUILDING
BOND ISSUANCE COSTS
REIMBURSEMENT TO GEN FUND
TRANSFERS OUT
TOTAL CAPITAL IMPROVEMENT
LOW/MODERATE TAX FUND:
PERSONNEL
SERVICES
ASSESSMENT SUBSIDY PROGRAM
UNDERGROUND UTILITY SUBSIDY
BUILDING HORIZONS
LQ RENTAL PROGRAM
LQ HOUSING PROGRAM
LQ REHABILITATION
APARTMENT REHABILITATION
REIMBURSEMENT TO GEN FUND
TRANSFERS OUT
TOTAL LOW/MOD TAX
LOW/MODERATE BOND FUND
PERSONNEL
SERVICES
REIMBURSEMENT TO GEN FUND
HOUSING PROJECTS
TRANSFERS OUT
TOTAL LOW/MOD BOND
07/01/2001 - 01/31/2002
REMAINING
%
BUDGET
EXPENDITURES
ENCUMBERED
BUDGET
EXPENDED
249,834.00
280,308.30
0.00
(30,474.30)
112.2%
1,486,277.00
1,486,277.00
0.00
0.00
100.0%
4,623,726.00
1,481,202.82
0.00
3.142,523.18
32.0%
446,142.00
260,249.50
0.00
185,892.50
58.3%
0.00
0.00
0.00
0.0%
16,759,956.00
12,786,013.78
0.00
3,973,942.22
76.3%
0.00
0.00
0.00
0.0%
23,565,935.00
16,294,051.40
0.00
7,271,883.60
69.1%
10,050.00
3,591.75
0.00
6,458.25
35.7%
191,079.00
67,840.89
0.00
123,238.11
35.5%
0.00
0.00
0.00
0.00
0.0%
0.00
0.00
0.00
0.00
0.0%
339,558.00
32,600.00
0.00
306,958.00
9.6%
0.00
0.00
0.00
0.00
0.0%
1,943,714.00
1,939,725.25
0.00
3,988.75
99.8%
1,085,485.00
633,197.53
0.00
452,287.47
58.3%
12,100,192.00
10, 384, 032.92
0.00
1,716,159.08
85.8 %
15,670,078.00
13 060,988.34
0.00
2,609,089.66
83.3%
10,050.00
3,591.75
0.00
6,458.25
35.7%
239, 315.00
143, 920.39
95, 394.61
60.1 %
445,000.00
34,855.40
0.00
410,144.60
7.8%
71, 000.00
0.00
0.00
71, 000.00
0.0%
210,000.00
172,700.00
0.00
37,300.00
82.2%
829,000.00
260,985.16
0.00
568,014.84
31.5%
3,540,000.00
1,792.118.00
0.00
1,747,882.00
50.6%
200,000.00
11,525.50
0.00
188,474.50
5.8%
700,000.00
73,589.42
0.00
626,410.58
10.5%
206,366.00
120,380.12
0.00
85,985.88
58.3%
1,737,006.00
1,130, 902.61
0.00
606,103.39
65.1 %
8,187,737.00
3,744,568.35
0.00
4,443,168.65
45.7%
0.00
0.00
0.00
0.0%
0.00
0.00
0.00
0.0%
0.00
0.00
0.00
0.0%
0.00
0.00
0.00
0.0%
607,723.46 133,998.00
0.00
473,725.46
22.0%
607 723.46 133 998.00
0.00
473,725.46
22.0%
0 0 3
LA QUINTA REDEVELOPMENT AGENCY
REVENUE SUMMARY
PROJECT AREA NO.2:
DEBT SERVICE FUND:
Tax Increment
Allocated Interest
Non Allocated Interest
Interest Advance Proceeds
Transfer In
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT FUND:
Allocated Interest
Non Allocated Interest
Developer Agreement
Transfers In
Proceeds from City Loan
TOTAL CAPITAL IMPROVEMENT
LOW/MODERATE TAX FUND:
Tax Increment
Developer Funding
Allocated Interest
Non Allocated Interest
Sale of Land
Transfer In
TOTAL LOW/MOD TAX
LOW/MODERATE BOND FUND:
Allocated Interest
Non Allocated Interest
Transfer In
TOTAL LOW/MOD BOND
REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
7,364,440.00
3,770,098.64
3,594,341.36
51.190%
9,648.55
(9,648.55)
0.000%
391.21
(391.21)
0.000%
692,211.00
0.00
692,211.00
0.000%
338,442.00
209,488.00
128,954.00
61.900%
8,395,093.00
3,989,626.40
4,405,466.60
47.520%
50,852.51
(50,852.51)
0.000%
20,000.00 2,175.30
17,824.70
10.880%
0.00
0.00
0.000%
0.00
0.00
0.000%
1,100,000.00 0.00
1,100,000.00
0.000%
1,120,000.00 53,027.81
1,066,972.19
4.730%
11841,110.00 942,524.65
898,585.35
51.190%
0.00
0.00
0.000%
20,700.00 68,062.84
(47,362.84)
328.810%
0.00
0.00
0.000%
0.00
0.00
0.000%
0.00
0.00
0.000%
1,861 810.00 1,010,587.49
851,222.51
54.280%
0.00
0.00
0.000%
12,776.04
(12,776.04)
0.000%
0.00
0.00
0.000%
0.00 12,776.04 (12,776.04) 0.000%
Out
LA QUINTA REDEVELOPMENT AGENCY
07/01/2001 - 01/31/2002
REMAINING
%
EXPENDITURE SUMMARY
BUDGET
EXPENDITURES
ENCUMBERED
BUDGET
EXPENDED
PROJECT AREA NO, 2:
DEBT SERVICE FUND:
SERVICES
94,120.00
121,767.00
0.00
(27,647.00)
129.4%
BOND PRINCIPAL
163,723.00
246,686.75
0.00
(82,963.75)
150.7%
BOND INTEREST
593,968.00
214,557.68
0.00
379,410.32
36.1%
INTEREST CITY ADVANCE
692,211.00
403,789.75
0.00
288,421.25
58.3%
INTEREST - ERAF LOAN
0.00
0.00
0.00
0.00
0.0%
PASS THROUGH PAYMENTS
6,257,252.00
1,581,798.47
0.00
4,675,453.53
25.3%
TRANSFERS OUT
0.00
0.00
0.00
0.00
0.0%
TOTAL DEBT SERVICE
7,801,274.00
2,568,599.65
0.00
5,232,674.35
32.9%
CAPITAL IMPROVEMENT FUND:
PERSONNEL
5,950.00
2,173.57
0.00
3,776.43
36.5%
SERVICES
119,164.00
100,110.44
0.00
19,053.56
84.0%
ECONOMIC DEVELOPMENT ACTIVITY
85,000.00
0.00
0.00
85,000.00
0.0%
REIMBURSEMENT TO GEN FUND
34,092.00
19,886.23
0.00
14,205.77
58.3%
TRANSFERS OUT
1,353,442.00
1,207,461.69
0.00
145,980.31
89.2%
TOTAL CAPITAL IMPROVEMENT
1,597,648.00
1,329,631.93
0.00
268 016.07
83.2%
LOW/MODERATE TAX FUND:
PERSONNEL
5,950.00
2,173.57
0.00
3,776.43
36.5%
SERVICES
159,959.00
330,844.40
0.00
(170,885.40)
206.8%
SEWER SUBSIDIES
85,000.00
0.00
0.00
85,000.00
0.0%
LQ RENTAL PROGRAM
1,395,000.00
47,125.00
6,400.00
1,341,475.00
3.4%
LOW MOD HOUSING PROJECTS
650,000.00
275.00
0.00
649,725.00
0.0%
REIMBURSEMENT TO GEN FUND
71,258.00
41,567.12
0.00
29,690.88
58.3%
TRANSFERS OUT
1,787,701.44
267,980.06
0.00
1,519,721.38
15.0%
TOTAL LOW/MOD TAX
4,154,868.44
689 965.15
6,400.00
3,458,503.29
16.6%
LOW/MODERATE BOND FUND
PERSONNEL
0.00
0.00
0.00
0.0%
SERVICES
0.00
0.00
0.00
0.0%
REIMBURSEMENT TO GEN FUND
0.00
0.00
0.00
0.0%
TRANSFERS OUT
2,522,731.00
0.00
0.00
2,522,731.00
0.0%
TOTAL LOW/MOD BOND
2,522,731.00
0.00
0.00
2,522,731.00
0.0%
o 1.
u ii
T 6 0
i4f 4 4 a"
AGENDA CATEGORY:
BUSINESS SESSION:
COUNCIL/RDA MEETING DATE:
March 19 2002 CONSENT CALENDAR: " T
ITEM TITLE:
Approval of a Contract Services Agreement for
Redevelopment, Housing, and Economic Development
with Rosenow Spevacek Group, Inc.
RECOMMENDATION:
STUDY SESSION:
PUBLIC HEARING:
Authorize the Executive Director to enter into a contract services agreement with the
Rosenow Spevacek Group (RSG) for redevelopment, housing, and economic
development services.
FISCAL IMPLICATIONS:
Adequate funds have been budgeted in Redevelopment Agency Project Area No. 1
(405-902-603-000) and in Redevelopment Agency Project Area No. 2 (406-905-603-
000) for Fiscal Year 2001-2002, and will continue to be budgeted from these
accounts in subsequent fiscal years.
BACKGROUND AND OVERVIEW:
The Redevelopment Agency Board authorized the Executive Director to enter into
negotiations with RSG for an extension to their existing contract services agreement
at the February 5, 2002 Redevelopment Agency meeting. Pursuant to that
authorization, staff has met with representatives of RSG, reviewed the existing
contract, and discussed an extension to the contract terms. The attached Contract
Services Agreement (Attachment 1) represents the results of the negotiations.
Exhibit A of the draft Contract Services Agreement lists the scope of services to be
provided by RSG. The contract term is for five (5) years. The fee schedule is
included in the draft agreement as Exhibit B; services will be billed on a time -and -
materials basis. It should be noted that the hourly rate for the Principal/Director will
be $135 for the first two years of the contract term, and will increase to $150 for the
final three years of the contract term.
FINDINGS AND ALTERNATIVES:
01,E
The alternatives available to the Redevelopment Agency Board include:
1. Authorize the Executive Director to enter into a contract services agreement
with the Rosenow Spevacek Group (RSG) for redevelopment, housing, and
economic development services; or
2. Do not authorize the Executive Director to enter into a contract services
agreement with the Rosenow Spevacek Group (RSG) for redevelopment,
housing, and economic development services; or
3. Provide staff with alternative direction.
Respectfully submitted,
Mark Weiss, Assistant Executive Director
Approved for submission by:
Thomas P. Genovese, Executive Director
Attachments: 1 . Contract Services Agreement
ATTACHMENT
AGREEMENT WITH THE ROSENOW SPEVACEK GROUP
SEE CITY COUNCIL REPORT
01