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2002 03 05 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY MINUTES MARCH 5, 2002 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 real property located east of Madison Street between Avenue 58 and Avenue 60 - Property Owner/Negotiator: Winchester Development; and real property located west of Madison Street between Avenue 60 and Avenue 62 - Property Owner/Negotiator: Davis Capital Management; 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 at 78-120 Caleo Bay Drive. Property Owner/Negotiator: Giovanni Giammarco. 3. 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 east of Monroe Street and north of Avenue 58. Property Owner/Negotiator: Susan Harvey. (The Agency did not meet on this item - see City Attorney announcement on Page 3.) The Agency recessed to Closed Session to and until the hour of 3:00 pm. 3:00 P.M. The Agency reconvened with Board Member Adolph absent due to a family emergency. Redevelopment Agency Minutes 2 March 5, 2002 PUBLIC COMMENT- None CONFIRMATION OF AGENDA - Confirmed APPROVAL OF MINUTES MOTION - It was moved by Board Members Sniff/Pe~a to approve the Minutes of February 19, 2002, as submitted. Motion carried with Board Member Adolph ABSENT. CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER DATED MARCH 5, 2002. 2. APPROVAL OF REALLOCATION OF BUDGETED HOUSING FUNDS FROM REDEVELOPMENT PROJECT AREA NO. I FOR THE LA QUINTA HOUSING PROGRAM SECOND TRUST DEED LOAN PROGRAM. MOTION -It was moved by Board Members Perkins/Sniff to approve the Consent Calendar as recommended. Motion carried with Board Member Adolph ABSENT. BUSINESS SESSION 1. CONSIDERATION AND AUTHORIZATION TO SEND OUT A REQUEST FOR PROPOSALS (RFP) FOR AUDITING SERVICES AND APPOINTMENT OF A SELECTION COMMITTEE. 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 Perkins/Sniff to: 1) approve the Request for Proposals for auditing services for the next five fiscal years beginning July 1,2002 and ending June 30, 2007; 2) authorize staff to initiate the selection process to contract for professional services; and 3) appoint the City Manager (or his designee), the Finance Director, and two Investment Advisory Board Members (to be selected by the Finance Director) to participate in the selection process. Motion carried with Board Member Adolph ABSENT. Redevelopment Agency Minutes 3 March 5, 2002 STUDY SESSION - None DEPARTMENT REPORTS - None CHAIR AND BOARD MEMBERS' ITEMS - None The Agency recessed to Closed Session as delineated on Page 1. 7:00 P.M. The Agency reconvened with Board Member Adolph present and with no decisions being made in Closed Session which require reporting pursuant to Section 54957.1 of the Government Code (Brown Act). The City Attorney announced the Agency did not meet on Closed Session Item No. 3. PUBLIC HEARINGS - None ADJOURNMENT There being no further business, it was moved by Board Members Sniff/Adolph to adjourn. Motion carried unanimously. Respectfully submitted, JUNE S. GREEK, Agency Secretary La Quinta Redevelopment Agency