2005 02 15 RDA Minutes
LA GUINTA REDEVELOPMENT AGENCY
MINUTES
FEBRUARY 15, 2005
A regular meeting of the La Guinta Redevelopment Agency was called to
order by Chairman Osborne.
PRESENT: Board Members Adolph, Henderson, Perkins, Sniff,
Chairman Osborne
ABSENT: None
PUBLIC COMMENT - None
CLOSED SESSION
1 . Conference with Agency I.egal counsel regarding initiation of litigation
pursuant to Government Code Section 54956.9(c).
2. Conference with Agency 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 at the southwest corner of Highway 111 and Dune Palms
Road (APN 649-030-034). Property Owner/Negotiator: Chris Clarke.
3. Conference with Agency legal counsel regarding pending litigation,
La Quinta Redevelopment Agency v. KSL Desert Resorts, Inc.,
. Riverside Superior Court Case No. INC 044676, pursuant to
Government Code Section 54956.9(8).
The Redevelopment Agency recessed to Closed Session to and until the hour
of 3:00 p.m.
3:00 P.M.
The Redevelopment 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).
PUBLIC COMMENT - None
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February 15, 2005
CONFIRMATION OF AGENDA - Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Board Members Sniff/Henderson to approve the
Redevelopment Agency Minutes of February 1, 2005 as submitted. Motion
carried unanimously.
CONSENT CALENDAR
. 1.: APPR0VAL OF DEMAND REGISTER DATED FEBRUARY 15,2005.
2. ,TRANSMITTAL OF TREASURER'S REPORT FOR DECEMBER 31,
2004.
: .3. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT FOR
DECEMBER 31, 2004.
4. APPROVAL OF SETTLEMENT AGREEMENT WITH ALFREDO INCLAN.
. MOTION - It was moved by Board Members Sniff/Adolph to approve
the Consent Calendar as recomrilended. Motion carried unanimously.
BUSINESS SESSION
, 1 ~'. .,. ! CONSIDERATION OF MID-YEAR BUDGET REPORT FOR FISCAL YEAR
2004/2005.
,I Finance Director Falconer presented the staff report.
. Board 'Member Henderson referenced the loss of Redevelopmènt
Agency funds to the State, and commented on the League of
California Cities' efforts to put something in place to protect those
funds.
MOTION -It was moved by Board Members Sniff/Adolph to 1)
approve an increase of $2,326,110 in estimated property tax
increment revenue; 2) approve an increase of $2,000,000 in
estimated investment interest revenue; 3) approve an appropriation
increase of $1,169,159 in pass-through tax payments; 4) approve a
decrease of $219,272 in the Educational Relief Augmentation Fund
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February 15, 2005
(ERAF) expense account; 5) approve a decrease of $1,200,000 in
RDA CIP 1 funding; and 6) receive and file the Mid-Year Budget
Report. Motion carried unanimously.
2. CONSIDERATION OF SilverRock RESORT BUDGET STATUS REPORT.
Assistant Executive Director Weiss gave a brief overview of the
budget status report.
In response to Board Member Adolph, Mr. Weiss stated the
contingency account would be used for appropriate last-minute
adjustments. He referenced the Weitz Golf contract contingency
account being used for adjustments to bunkers as recommended by
Palmer Course Design.
Board Member Adolph referenced a waste bunker being next to a
green and asked if that is part of this.
Mr. Weiss indicated that particular change is being reviewed with
Landmark as part of the operations contingency account but will be
brought back to the Agency if the expense becomes significant.
Board Member Henderson commented on the project being a big
undertaking, yet a significant asset to the City. She isn't sure the
project is understood by the community and hopes staff will continue
trying to explain it in newsletters. She supports getting a year of
operation completed and moving forward with Phase 2 when there is
a level of comfort that the community understands what has been
done and that the City's security has not been jeopardized.
Board Member Adolph complimented staff on doing a great job,
especially under the recent weather conditions. He feels now is not
the time to slow down, and that the project needs to keep moving
forward.
Board Member Sniff stated he views the project as a long-term
investment to produce long-term revenues. He complimented
everyone involved for doing an excellent job, and commented on the
importance of moving forward. He feels it's essential to support
staff's request in order to finish Phase 1 and to. be on the threshold. of
starting Phase 2.
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February 15, 2005
Chairman Osborne thanked staff for the cost detail budget. He.
commented on the amount of work yet to ba done, including the
drainage issues. He indicated he supports the request for funding but
referenced the need to make sure funding is available for the
remaining phases.
MOTION - It was moved by· Board Members Sniff/Adolph to
appropriate $1.2 million from Redevelopment Project Area No. .1
Reserves and $400,000 from Redevelopment Project Area No. 2
Reserves to the SilverRock Resort Project No. 2002-071. Motion
carried unanimously.
STUDY SESSION - None
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; ,'CHAIR AND BOARD MEMBERS' ITEMS - None
PUBLIC HEARINGS - None
ADJOURNMENT
There being no further business, it was moved by Board Members
Sniff/Adolph to adjourn. Motion carried unanimously.
Respectfully submitted,
~.x£.~
JUNE S. GREEK, Secretary
City of La Quinta, California
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