2002 06 18 RDAT4ht 4:wQ"
Redevelopment Agency Agendas are
available on the City's Web Page
@ www.la-quinta.org
Redevelopment Agency
CITY COUNCIL CHAMBER
78-495 Calle Tampico
La Quinta, California 92253
Regular Meeting
Tuesday. June 18, 2002 - 2:00 P.M.
Beginning Res. No. RA 2002-12
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 SOUTHEAST OF THE MILES AVENUE AND WASHINGTON STREET
INTERSECTION AND NORTH OF THE WHITEWATER CHANNEL (APNs 604-040-012/013
and 604-040-022/023) PROPERTY OWNER/NEGOTIATOR: RICHARD OLIPHANT, LA
QUINTA RESORT AND MEDICAL.
2. 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 ON THE NORTH SIDE OF CALLE TAMPICO, WEST OF DESERT CLUB DRIVE,
EMBASSY SUITES (TENTATIVE PARCEL MAP 29909, PARCEL 8). PROPERTY
OWNER/NEGOTIATOR: DANNY BROWN, BISON HOTEL GROUP.
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. 001
RDA Agenda
June 18, 2002
RECONVENE AT 3:00 PM
IV. PUBLIC COM
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
W. VI. APPROVAL OF MINUTES
1 . MINUTES OF THE REGULAR MEETING OF JUNE 4, 2002.
VII. CONSENT CALENDAR
Note: Consent Calendar items are considered to be routine in nature and will be approved by
one motion.
1. APPROVAL OF DEMAND REGISTER DATED JUNE 18, 2002.
2. TRANSMITTAL OF TREASURER'S REPORT FOR APRIL 30, 2002.
3. TRANSMITTAL OF REVENUE AND EXPENDITURES REPORT FOR APRIL 30, 2002.
4. ADOPTION OF A RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE
CERTIFICATES OF ACCEPTANCE FOR DEEDS OR OTHER CONVEYANCES PURSUANT
TO AGREEMENTS APPROVED BY THE AGENCY BOARD.
Vill. BUSINESS SESSION
1. CONSIDERATION OF A RESOLUTION ADOPTING THE INVESTMENT POLICY OF THE
CITY OF LA QUINTA FOR FISCAL YEAR 2002/03.
A. RESOLUTION ACTION.
IX. STUDY SESSION - None
X. DEPARTMENT REPORTS
RDA Agenda -2- June 18, 2002 002
XI. CHAIR AND BOARD MEMBERS' ITEMS
XII. PUBLIC HEARINGS - None
XII. ADJOURNMENT - Adjourn to a regularly scheduled Meeting of the Redevelopment Agency to
be held on July 2, 2002, commencing with closed session at 2:00 p.m. and open session at
3:00 p.m. in the City Council Chambers, 78-495 Calle Tampico, CA 92253.
DECLARATION OF POSTING
I, June S. Greek, Secretary of the La Quinta Redevelopment Agency, do hereby declare that the
foregoing agenda for the La Quinta Redevelopment Agency meeting of Tuesday, June 18, 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, June 14,
2002.
DATED: June 14, 2002
JUN EK, CIVIC
Agency Secretary, 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
RDA Agenda -3- June 18, 2002 003
T-itit 4 4Q"
AGENDA CATEGORY:
BUSINESS SESSION
COUNCIL/RDA MEETING DATE: JUNE 18, 2002
CONSENT CALENDAR
ITEM TITLE:
Demand Register Dated June 18, 2002
RECOMMENDATION:
It is recommended the Redevelopment Agency Board:
STUDY SESSION
PUBLIC HEARING
Receive and File the Demand Register Dated June 18, 2002 of which $1,874,612.72
represents Redevelopment Agency Expenditures.
PLEASE SEE CONSENT CALENDAR ITEM NUMBER 1 ON CITY COUNCIL AGENDA
004
Tiht 4 4 Q"
AGENDA CATEGORY:
BUSINESS SESSION:
COUNCIL/RDA MEETING DATE:
.tune 18, 2002 CONSENT CALENDAR:
ITEM TITLE:
STUDY SESSION:
PUBLIC HEARING:
Transmittal of Treasurer's Report
as of April 30, 2002
RECOMMENDATION:
It is recommended the Redevelopment Agency Board:
Receive and file.
PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
005
ceity/ 4 4Q"
AGENDA CATEGORY:
BUSINESS SESSION:
COUNCIURDA MEETING DATE: June 18, 2002 CONSENT CALENDAR:
ITEM TITLE• STUDY SESSION:
Transmittal of Revenue and Expenditure Report for PUBLIC HEARING:
April 30, 2002
RECOMMENDATION:
Receive and File
BACKGROUND AND OVERVIEW:
Transmittal of the Statement of Revenue and Expenditures for April 30, 2002 for
the La Quinta Redevelopment Agency.
y submitted
M. Falconir, Finance Director
Approved for submission by:
D
Thomas P. Genovese, City Manager
Attachments: 1. Revenue and Expenditures for April 30, 2002
006
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 LOW/MOD BOND
REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
16,822,503.00
8,659,165.90
8,163,337.10
51.470%
74,192.73
(74,192.73)
0.000%
90,977.55
(90,977.55)
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
18,567,821.67
9,050,412.33
67.230%
58,353.62 (58,353.62) 0.000%
125,000.00 630,701.17 (505,701.17) 504.560%
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 48,689,054.79 (564,054.79) 101.170%
4,205,626.00
2,164,791.48
2,040,834.52
51.470%
50,000.00
28,206.01
21,793.99
56.410%
0.00
0.00
0.000%
1.00
(1.00)
0.000%
0.00
0.00
0.000%
341,000.00
257,653.40
83,346.60
75.560%
150,000.00
0.00
150,000.00
0.000%
0.00
0.00
0.000%
40,138.02
(40,138.02)
0.000%
27,751.93
(27,751.93)
0.000%
0.00
0.00
0.000%
4,746,626.00
2,518,541.84
2,228,084.16
53.060%
0.00
0.00
0.000%
0.00
0.00
0.000%
57,900.80
(57,900.80)
0.000%
0.00
0.00
0.000%
0.00
57,900.80
(57,900.80)
0.000%
0'7
003
LA QUINTA REDEVELOPMENT AGENCY
EXPENDITURE SUMMARY
PROJECT AREA NO, 1:
DEBT SERVICE FUND:
SERVICES
BOND PRINCIPAL
BOND INTEREST
INTEREST CITY ADVANCE
INTEREST - ERAF LOAN
PASS THROUGH PAYMENTS
TRANSFERS OUT
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT FUND:
PERSONNEL
SERVICES
LAND ACQUISITION
ASSESSMENT DISTRICT
ECONOMIC DEVELOPMENT
CAPITAL - BUILDING
BOND ISSUANCE COSTS
REIMBURSEMENTTO 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
07/01/2001-04/30/2002 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
4,481,934.00
0.00
141,792.00
96.9%
446,142.00
371,785.00
0.00
74,357.00
83.3%
0.00
0.00
0.00
0.0%
16,759,956.00
13,028,385.96
0.00
3,731,570.04
77.7%
0.00
0.00
0.00
0.0%
23 565 935.00 19 648 690.26 0.00 3,917,244.74 83.4%
10,050.00
5,894.67
0.00
4,155.33
58.7%
241,079.00
93,651.21
0.00
147,427.79
38.8%
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
904,567.90
0.00
180,917.10
83.3%
14,436,734.00
11,713,929.98
0.00
2,722,804.02
81.1%
18 056 620.00
14 690 369.01
0.00
3,366,250.99
81.4%
10,050.00
5,894.67
0.00
4,155.33
58.7%
239,315.00
168,679.42
0.00
70,635.58
70.5%
445.000.00
88,815.40
0.00
356,184.60
20.0%
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
392,856.29
0.00
436,143.71
47.4%
2,785,077.00
2,447,303.00
0.00
337,774.00
87.9%
200,000.00
11,525.50
0.00
188,474.50
5.8%
350,000.00
73,589.42
0.00
276,410.58
21.0%
206,366.00
171,971.60
0.00
34,394.40
83.3%
3,951,649.00
1,130,902.61
0.00
2,820,746.39
28.6%
9,297,457.00
4,664,237.91
0.00
4,633,219.09
50.2%
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%
832,930.46 832,930.46
0.00
0.00
100.0%
832 930.46 832 930.46
0.00
0.00
100.0%
' •�
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
LOWIMODERATE TAX FUND:
Tax Increment
Developer Funding
Allocated Interest
Non Allocated Interest
Sale of Land
Transfer In
TOTAL LOWIMOD TAX
LOWIMODERATE BOND FUND:
Allocated Interest
Non Allocated Interest
Transfer In
TOTAL LOWIMOD BOND
REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
7,364,440.00
3,770,098.64
3,594,341.36
51.190%
17,521.05
(17,521.05)
0.000%
397.96
(397.96)
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
3,997,505.65
4,397 587.35
47.620%
61,522.58
(61,522.58)
0.000%
20,000.00 2,178.94
17,821.06
10.890%
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 63 701.52
1,056,298.48
5.690%
1,841,110.00 942,524.65
898,585.35
51.190%
0.00
0.00
0.000%
20,700.00 90,340.66
(69,640.66)
436.430%
0.00
0.00
0.000%
0.00
0.00
0.000%
0.00
0.00
0.000%
1,861,810.00 1,032,865.31 828,944.69 55.480%
0.00 0.00 0.000%
15,465.62 (15,465.62) 0.000%
0.00 0.00 0.000%
0.00 15 465.62 (15 465.62) 0.000%
000
00
LA QUINTA REDEVELOPMENT AGENCY
07/01/2001 - 04/30/2002
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
163,723.00
0.00
0.00
100.0%
BOND INTEREST
593,968.00
593,967.75
0.00
0.25
100.0%
INTEREST CITY ADVANCE
692,211.00
576,842.50
0.00
115,368.50
83.3%
INTEREST - ERAF LOAN
0.00
0.00
0.00
0.00
0.0%
PASS THROUGH PAYMENTS
6,257,252.00
3,128,626.37
0.00
3,128,625.63
50.0%
TRANSFERS OUT
0.00
0.00
0.00
0.00
0.0%
TOTAL DEBT SERVICE
7,801,274.00
4,584,926.62
0.00
3,216,347.38
58.8%
CAPITAL IMPROVEMENT FUND:
PERSONNEL
5,950.00
3,567.21
0.00
2,382.79
60.0%
SERVICES
119,164.00
53,660.05
0.00
65,503.95
45.0%
ECONOMIC DEVELOPMENT ACTIVITY
130,072.00
43,134.60
0.00
86,937.40
33.2%
REIMBURSEMENT TO GEN FUND
34,092.00
28,408.90
0.00
5,683.10
83.3%
TRANSFERS OUT
1,353,442.00
2,025,142.52
0.00
(671.700.52)
149.6%
TOTAL CAPITAL IMPROVEMENT
1,642,720.00
2,153,913.28
0.00
(511 193.28)
131.1 %
LOW/MODERATE TAX FUND:
PERSONNEL
5,950.00
3,567.21
0.00
2,382.79
60.0%
SERVICES
159,959.00
338,260.24
0.00
(178,301.24)
211.5%
SEWER SUBSIDIES
85,000.00
0.00
0.00
85,000.00
0.0%
LQ RENTAL PROGRAM
949,923.00
47,125.00
6,400.00
896,398.00
5.0%
LOW MOD HOUSING PROJECTS
755,806.00
141,235.99
0.00
614.570.01
18.7%
REIMBURSEMENT TO GEN FUND
71,258.00
59,381.60
0.00
11,876.40
83.3%
TRANSFERS OUT
2,787,701.44
374,055.75
0.00
2,413,645.69
13.4%
TOTAL LOW/MOD TAX
4,815,597.44
963,625.79
6,400.00
31845,571.65
20.0%
LOW/MODERATE BOND FUND
0.00
0.00
0.00
0.0%
PERSONNEL
SERVICES
0.00
0.00
0.00
0.0%
REIMBURSEMENT TO GEN FUND
0.00
0.00
0.00
0.0%
TRANSFERS OUT
2,582,881.00
223,916.54
0.00
2,358,964.46
6.7%
TOTAL LOW/MOD BOND
2,582,881.00
223 916.54
0.00
2,358,964.46
8.7% _
010
9D6
cejh, 4:NQ"
COUNCIL/RDA MEETING DATE: June 18, 2002
Adoption of a Resolution Authorizing the
Executive Director to Execute Certificates of
Acceptance for Deeds or Other Conveyances
Pursuant to Agreements Approved by the
Agency Board
RECOMMENDATION:
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
Adopt a Resolution of the Redevelopment Agency authorizing the Executive
Director to execute Certificates of Acceptance for Deeds or Other Conveyances
Pursuant to Agreements Approved by the Agency Board.
FISCAL IMPLICATIONS:
None for this action.
CHARTER CITY IMPLICATIONS:
None.
BACKGROUND AND OVERVIEW:
The Agency Board does, from time to time, authorize acquisition of easements
and/or real property. The Government Code requires a resolution or certificate of
acceptance from the Agency prior to recordation of such transactions. The
proposed Resolution grants the Executive Director authority to execute acceptance
and consent of such deeds and grants on behalf of the Agency.
FINDINGS AND ALTERNATIVES:
The alternatives available to the Agency Board include:
1. Adopt a Resolution of the Redevelopment Agency authorizing the Executive
Director to execute Certificates of Acceptance for Deeds or Other Conveyances
Pursuant to Agreements Approved by the Agency Board; or
g:k'sdoc/mw/deeds61802 O i l
2. Do not adopt a Resolution authorizing the Executive Director to execute
Certificates of Acceptance for Deeds or Other Conveyances; or
3. Provide staff with alternative direction.
Respectfully submitted,
NJ- �J - I
Mark Weiss
Assistant Executive Director
Approved for submission by:
Thomas P. Genovese
Executive Director
0 12-
g:Vsdoc/mw/deeds61802 G v12
RESOLUTION NO. RA 2002-
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT
AGENCY OF THE CITY OF LA QUINTA, CALIFORNIA,
AUTHORIZING THE EXECUTIVE DIRECTOR OF THE LA QUINTA
REDEVELOPMENT AGENCY TO EXECUTE CERTIFICATES OF
ACCEPTANCE FOR DEEDS OR OTHER CONVEYANCES
PURSUANT TO AGREEMENTS APPROVED BY THE AGENCY
BOARD
WHEREAS, Government Code Section 27281 requires that no deed or grant
of real property to a governmental entity may be recorded unless it is accompanied
by a resolution or certificate of acceptance by the governmental entity;
WHEREAS, the La Quinta Redevelopment Agency may, by resolution as
provided in Government Code Section 27281, authorize an officer or agent to
accept and consent to a deed or grant conveying real property to the Agency;
NOW, THEREFORE, BE IT RESOLVED by the La Quinta Redevelopment
Agency of the City of La Quinta, California, as follows:
SECTION 1. The Executive Director of the La Quinta Redevelopment Agency
is authorized to accept and consent to all deeds and grants conveying an interest or
easement upon real estate to the Agency for public purposes where such
conveyance is made pursuant to an agreement which was approved the Board of
the La Quinta Redevelopment Agency. The Executive Director is authorized on
behalf of the La Quinta Redevelopment Agency to execute acceptance and consent
of such as set forth in Section 27281 of the Government Code.
SECTION 2. If the Executive Director is unavailable to issue and execute the
acceptance and consent, the Assistant Executive Director is so authorized.
PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta
Redevelopment Agency held on this 18th day of June, 2002, by the following vote
to wit:
AYES: Board Members
NOES: None
ABSENT: None
ABSTAIN: None
�13
119/015610-0002 n O
291214.01 PM02 v
TERRY HENDERSON, Chairperson
City of La Quinta, California
ATTEST:
JUNE S. GREEK, Secretary
City of La Quinta, California
APPROVED AS TO FORM:
M. KATHERINE JENSON, Agency Counsel
City of La Quinta, California
014
119/015610-0002 _ v 0 4
291214.01 AM02 -�
�iu�TQ•c
4 v 5
G� of L9 AGENDA CATEGORY:
BUSINESS SESSION•
COUNCIL/RDA MEETING DATE: June 18, 2002
CONSENT CALENDAR:
ITEM TITLE:
STUDY SESSION:
Consideration of a Resolution Adopting the
Investment Policy of the Redevelopment Agency PUBLIC HEARING:
for Fiscal Year 2002/2003
RECOMMENDATION:
Adopt a Resolution of the Redevelopment Agency approving the Investment Policy of
the City of La Quinta for Fiscal Year 2002/2003.
SEE CITY COUNCIL STAFF REPORT
nir
RESOLUTION NO. RA 2002 -
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT
AGENCY OF THE CITY OF LA QUINTA APPROVING AND
ADOPTING THE AMENDED INVESTMENT POLICY FOR
FISCAL YEAR 2002/2003
WHEREAS, the general purpose of the Investment Policy is to provide the rules
and standards users must follow in investing funds of the City of La Quinta; and
WHEREAS, the primary objectives, in order of priority, of the City of La Quinta's
investment activity shall be:
Safety of principal is the foremost objective of the investment program.
Investments of the City of La Quinta shall be undertaken in a manner that seeks
to ensure the preservation of capital in the overall portfolio.
The investment portfolio shall remain sufficiently liquid to meet all operating
requirements that may be reasonably anticipated.
The investment portfolio shall be designed with the objective of attaining a
market rate of return or yield throughout budgetary and economic cycles, taking
into account the investment risk constraints and liquidity needs.
WHEREAS, authority to manage the City of La Quinta's investment portfolio is
derived from the City Ordinance. Management responsibility for the investment
program is delegated to the City Treasurer, who shall establish and implement written
procedures for the operation of the City's investment program consistent with the
Investment Policy; and
WHEREAS, the Investment Policy will be adopted before the end of June of
each year and amended as considered necessary; and
NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City
of La Quinta to adopt the 2002/2003 Fiscal Year Investment Policy (Exhibit A).
n1G
PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta
Redevelopment Agency, held on this day of ,
2002 by the following vote, to wit:
AYES:
NOES:
ABSTAIN:
ABSENT:
TERRY HENDERSON, Chair
La Quinta Redevelopment Agency
ATTEST:
JUNE S. GREEK, Secretary
City of La Quinta, California
APPROVED AS TO FORM:
KATHY JENSON, City Attorney
City of La Quinta, California
017