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2002 06 18 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY MINUTES JUNE 18, 2002 A regular meeting of the La Quinta Redevelopment Agency was called to order by Chairperson Henderson. PRESENT: Board Members Adolph, Pe~a, Perkins (arrived 2:35 p.m.), 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 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. The Agency recessed to Closed Session to and until the hour of 7:00 pm. 7:00 P.M. The Agency reconvened with Council Member Perkins absent. PUBLIC COMMENT - None CONFIRMATION OF AGENDA - Confirmed Redevelopment Agency Minutes 2 June 18, 2002 APPROVAL OF MINUTES MOTION - It was moved by Board Members Pe~a/Sniff to approve the Minutes of June 4, 2002, as submitted. Motion carried with Board Member Perkins ABSENT. CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER DATED JUNE 18, 2002. 2. TRANSMITTAL OF TREASURER'S REPORT DATED APRIL 30, 2002. 3. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED 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. (RESOLUTION NO. RA 2002-12) MOTION It was moved by Board Members Sniff/Adolph to approve the Consent Calendar as recommended with Item No. 4 being approved by RESOLUTION NO. RA 2002-12. Motion carried with Board Member Perkins ABSENT. BUSINESS SESSION 1. CONSIDERATION OF A RESOLUTION ADOPTING THE INVESTMENT POLICY OF THE CITY OF LA QUINTA FOR FISCAL YEAR 2002/2003. There were no changes to the staff report as submitted and on file in the City Clerk's Office. RESOLUTION NO. RA 2002-13 A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY OF THE CITY OF LA QUINTA, CALIFORNIA, .APPROVING AND ADOPTING THE AMENDED INVESTMENT POLICY FOR FISCAL YEAR 2002/2003. It was moved by Board Members Sniff/Adolph to adopt Resolution No. RA 2002-13 as submitted. Motion carried with Board Member Perkins ABSENT. Redevelopment Agency Minutes 3 June 18, 2002 STUDY SESSION - None DEPARTMENT REPORTS - None CHAIR AND BOARD MEMBERS' ITEMS - None PUBLIC HEARINGS - None The Agency recessed to Closed Session as delineated on Page 1. The Agency meeting reconvened with no decisions being made in Closed Session which require reporting pursuant to Section 54957.1 of the Government Code (Brown Act). ADJOURNMENT There being no further business the meeting was adjourned. Respectfully submitted, JUNE S. GREEK, Agency Secretary La Quinta Redevelopment Agency