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2004 11 29 CC ~ t4.(a,Qtcúrtt City Council Agendas are Available on the City's . Web Page @ www.Ja-quinta. org CITY COUNCIL AGENDA CITY COUNCIL CHAMBERS 78-495 Calle Tampico La Quinta, California 92253 Special Meeting Monday, November 29, 2004 - 2:00 P.M. Beginning Resolution No. 2004- N/ A Ordinance No. N/A CALL TO ORDER Roll Call: Council Members: Henderson, Osborne, Perkins, Sniff, and Mayor Adolph PLEDGE OF ALLEGIANCE 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. For all Business Session matters or Public Hearings on the agenda, a completed "request to speak" form should be filed with the City Clerk prior to the City Council beginning consideration of that item. CLOSED SESSION - NONE CONFIRMATION OF AGENDA City Council Agenda - Special Meeting 1 November 29, 2004 PRESENTATIONS - NONE WRITTEN COMMUNICATIONS - NONE APPROVAL OF MINUTES - NONE CONSENT CALENDAR'" NONE BUSINESS SESSION 1 . CONSIDERA TION OF DISBURSEMENT OF FUNDS FOR PRE-OPENING EXPENSES PURSUANT TO THE STARTUP AND ANNUAL BUSINESS PLAN FOR SilverRock RESORT. A. MINUTE ORDER ACTION STUDY SESSION - NONE MAYOR'S AND COUNCIL MEMBERS' ITEMS - NONE PUBLIC HEARINGS - NONE ADJOURNMENT Adjourn to a regularly scheduled meeting of the City Council to be held on December 7, 2004 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, La Quinta, CA 92253. City Council Agenda - Special Meeting 2 November 29, 2004 DECLARATION OF POSTING I, June S. Greek, City Clerk of the City of La Quinta, do hereby declare that the foregoing agenda for the La Quinta City Council Special meeting of Monday, November 29, 2004, was posted on the outside entry to the Council Chamber at 78-495 Calle Tampico and on the bulletin boards at 5.1-321 Avenida Bermudas and 78-630 Highway 111 , on Wednesday, November 24,2004 DATED: November 24, 2004 ~-e1~ JUNE S. GREEK, CMC, City Clerk 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, twenty-four (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, arrangement 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 supplied to the City Clerk for distribution. It is requested that this take place prior to the beginning of the 3:00 PM session or the 7:00 PM session. City Council Agenda - Special Meeting 3 November 29, 2004 ~ of ~QtúIr1t COUNCIL/RDA MEETING DATE: November 29, 2004 AGENDA CATEGORY: BUSINESS SESSION: 1 ITEM TITLE: Consideration of Disbursement of Funds CONSENT CALENDAR: for Pre-Opening Expenses Pursuant to the Startup and - Annual Business Plan for SilverRock Resort STUDY SESSION: - PUBLIC HEARING: - : - RECOMMENDA TION: Authorize the City Manager to approve payments for pre-opening golf course expenses set forth in the 'approved Startup and Annual Business Plan prior to the effective date of the Golf Course Management Agreement. FISCAL IMPLICATIONS: None. These expenditures are included within the City Council approved Annual Startup and Business Plan. CHARTER CITY IMPLICATIONS: None. BACKGROUND AND OVERVIEW: When the Annual Startup and Business Plan was submitted by Landmark as required by the Golf Course Management Agreement and approved by the City Council on July 20, 2004, pre-opening expenses were identified. These expenses are for hiring operations staff, purchasing clubhouse equipment, leasing of maintenance equipment, purchasing practice facility equipment and telephone and security systems. The Golf Course Management Agreement's effective date is when the City Manager issues a notice to Landmark that the golf course ,is complete and ready to open. That date is proposed as January 17, 2005 when expenditures pursuant to the Management Agreement can be made. Landmark is currently incurring pre-opening costs as set forth in the Annual Startup and Business Plan, and is requesting reimbursement. Staff supports their request and is seeking City Council authorization for the City Manager to approve payment of those expenses prior to the January 1 7, 2005 effective date of the Golf Course Management Agreement. Landmark has acknowledged payment will be made only for budgeted expenditures and does not include their management fee, which will become effective upon opening of the golf course. FINDINGS AND ALTERNATIVES: The alternatives available to the City Council include: 1 . Authorize the City Manager to approve payments for pre-opening golf course expenses set forth in the approved Startup and Annual Business Plan prior to the effective date of the Golf Course Management Agreement; or 2. Do not authorize the City Manager to approve payments for pre-opening golf course expenses set forth in. the approved Startup and Annual Business Plan prior to the effective date of the Golf Course Management Agreement, LLC; or 3. Provide staff with alternative direction. Respectfully submitted, ~~~~ Mark Weiss, Assistant City Manager Approved for submission by: ~/~ . Thomas P. Genovese, City Manager