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2005 08 02 RDA Minutes LA QUINT A REDEVELOPMENT AGENCY MINUTES AUGUST 2, 2005 A regular meeting of the La Quinta Redevelopment Agency was called to order by Chairman Osborne. PRESENT: ABSENT: Board Members Adolph, Henderson, Sniff, Chairman Osborne Board Member Perkins MOTION - It was moved by Board Members Sniff/Henderson to excuse Board Member Perkins. Motion carried unanimously. PUBLIC COMMENT - None CLOSED SESSION 1. Conference with the Agency's real property negotiator, Doug Evans, pursuant to Government Code Section 54956.8 concerning potential terms and conditions of acquisition and/or disposition of real property located at 51-081 and 51-101 Avenida Mendoza (APN: 773-073-008 and 009). Property Owner/Negotiator: Riley Lebrun AB Trust/James S. Sorenson. 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 was reconvened with no decisions being made in Closed Session which require reporting pursuant to Section 54957.1 of the Government Code (Brown Act). The meeting also reconvened with Board Member Henderson absent. MOTION - It was moved by Board Members Adolph/Sniff to excuse Board Member Henderson. Motion carried unanimously. PUBLIC COMMENT - None Redevelopment Agency Minutes 2 August 2, 2005 CONFIRMATION OF AGENDA - Confirmed APPROVAL OF MINUTES MOTION - It was moved by Board Members Sniff/Adolph to approve the Redevelopment Agency Minutes of July 19, 2005 as submitted. Motion carried with Board Members Henderson and Perkins ABSENT. CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER DATED AUGUST 2, 2005. MOTION - It was moved by Board Members Sniff/Adolph to approve the Consent Calendar as recommended. Motion carried with Board Members Henderson and Perkins ABSENT. BUSINESS SESSION 1 . CONSIDERATION OF A REQUEST BY BUILDING HORIZONS TO ENTER INTO AN AFFORDABLE HOUSING AGREEMENT FOR THE 11 TH YEAR FUNDING BY AND BETWEEN THE LA QUINT A REDEVELOPMENT AGENCY AND BUILDING HORIZONS. Community Development Director Evans presented the staff report. MOTION - It was moved by Board Members Sniff/Adolph to approve an Affordable Housing Agreement with Building Horizons for 11 th year funding, approve the expenditure of $125,000 from Redevelopment Project Area No. 1 Low- and Moderate-Income Housing Fund (245- 000-2900-00-00) to fund requested building costs, and authorize the Executive Director to sign the necessary documents to execute the Agreement. Motion carried with Board Members Henderson and Perkins ABSENT. STUDY SESSION - None CHAIR AND BOARD MEMBERS' ITEMS - None Redevelopment Agency Minutes 3 August 2, 2005 PUBLIC HEARINGS - None ADJOURNMENT There being no further business, it was moved by Board Members Adolph/Sniff to adjourn. Motion carried unanimously. Respectfully submitted, ~ J21. ~ JUNE S. GREEK, Secretary City of La Quinta, California