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2002 04 09 CC Minutes LA QUINTA CITY COUNCIL -- SPECIAL MEETING MINUTES APRIL 9, 2002 A special meeting of the La Quinta City Council was called to order at the hour of 11:12 p.m. by Mayor Pe~a who led the audience in the Pledge of Allegiance. PRESENT: Council Members Adolph, Henderson, Perkins, Sniff, Mayor Pe~a ABSENT: None PUBLIC COMMENT - None CLOSED SESSION - None CONFIRMATION OF AGENDA - Confirmed PRESENTATIONS - None BUSINESS SESSION 1. CONSIDERATION OF AN OPTION AGREEMENT BY AND BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND KSL LAND HOLDINGS, INC. PERTAINING TO THE PURCHASE OF 525 ACRES OF PROPERTY KNOWN AS "THE RANCH" AND GENERALLY BOUNDED BY THE CORAL REEF MOUNTAINS, AVENUE 52, JEFFERSON STREET, AND AVENUE 54, AND ADOPTION OF A RESOLUTION MAKING FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445. Assistant City Manager Weiss presented a brief staff report. MOTION - It was moved by Council Members Henderson/Perkins to continue consideration of an option agreement pertaining to KSL property known as "The Ranch" until April 16, 2002, pending final review by appropriate legal counsel. Motion carried unanimously. MINUTE ORDER NO. 2002-45. City Council Minutes 2 April 9, 2002 ADJOURNMENT There being no further business, it was moved by Council Members Sniff/Adolph to adjourn. Motion carried unanimously. Respectfully submitted, JUNE S. GREEK, City Clerk City of La Quinta, California