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2002 05 15 CC City Council Agendas are available on the City's web page @www. la-quinta, org City Council Agenda CITY COUNCIL CHAMBERS 78-495 Calle Tampico - La Quinta, California 92253 SPECIAL MEETING Wednesday, May 15, 2002 7:00 P.M. Beginning Res. No. 2002-69 Ord. No. 371 I. CALL TO ORDER ROLL CALL: Council Members: Adolph, Henderson, Perkins, Sniff, Mayor Pe~a II. PLEDGE OF ALLEGIANCE III. PUBLIC COMMENT At this time, members of the public may address the City Council 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. IV. CLOSED SESSION - NONE V. CONFIRMATION OF AGENDA .00 City Council Agenda (Special Meeting) Page 1 May 15, 2002 VII. PUBLIC HEARINGS 1. JOINT PUBLIC HEARING BETWEEN THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY REGARDING PURCHASE OF PROPERTY COMMONLY KNOWN AS "THE RANCH" TO CONSIDER THE FOLLOWING ACTIONS: 1) CERTIFICATION BY THE REDEVELOPMENT AGENCY OF A MITIGATED NEGATIVE DECLARATION OF ENVIRONMENTAL IMPACT FOR ENVIRONMENTAL ASSESSMENT 2002-435 (STATE CLEARINGHOUSE NO. 1999081020) REGARDING AN AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS; 2) CONSIDERATION BY THE REDEVELOPMENT AGENCY TO EXERCISE THE OPTION CONTAINED IN THE OPTION AGREEMENT, REVISION TO EXHIBIT "B" TO THE OPTION AGREEMENT, AND TO ENTER INTO THE AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS BY AND BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND KSL LAND HOLDINGS, INC., REGARDING PURCHASE OF THE 525-ACRE PROPERTY KNOWN AS THE RANCH, LOCATED GENERALLY NORTH OF AVENUE 54, WEST OF JEFFERSON STREET, SOUTH OF AVENUE 52, AND EAST OF THE CORAL REEF MOUNTAINS; AND 3) CONSIDERATION BY THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY BOARD TO ADOPT RESOLUTIONS MAKING FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445, AND CONSENT/APPROPRIATION OF FUNDING. A. RESOLUTION ACTION VIII. ADJOURNMENT - Adjourn to the regularly scheduled City Council Meeting, commencing with closed session at 2:00 P.M. and open session at 3:00 p.m., Tuesday, May 21, 2002, in the City Council Chambers, 78-495 Calle Tampico, La Quinta, CA 92253. 00? City Council Agenda (Special Meeting) Page 2 May 15, 2002 DECLARATION OF POSTING I, Phyllis Manley, Deputy City Clerk of the City of La Quinta, do hereby declare that the foregoing agenda for the La Quinta City Council Special meeting of Wednesday, May 1 5, 2002, was posted on the outside entry to the Council Chamber, 78-495 Calle Tampico and on the bulletin board at the La Quinta Chamber of Commerce and at Stater Bros. 78-630 Highway 111, on Friday, May 10, 2002. DATED: May 10, 2002 Deputy City Clerk, City of La Quint'aT-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 If special electronic equipment is needed to make presentations to the City Council, arrangements should be made in advance by contacting the City Clerk's Office at 777-7025. A one (1) week notice is required. If background material is to be presented to the City Council during a City Council Meeting, please be advised that eight (8) copies of all documents, exhibits, etc., must be provided to the City Clerk. It is requested that this take place prior to the 7:00 p.m session for distribution. City Council Agenda (Special Meeting) Page 3 May 15, 2002 SEE REDEVELOPMENT PACKET FOR STAFF REPORT. 00~;