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2005 09 20 RDA Minutes LA QUINT A REDEVELOPMENT AGENCY MINUTES SEPTEMBER 20,2005 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, Thomas P. Genovese, pursuant to Government Code Section 54956.8 concerning potential terms and conditions of acquisition and/or disposition of a portion of 525 ± acres located at the southwest corner of Avenue 52 and Jefferson Street. Property Owner/Negotiator: Theodore Lennon, DDC Desert Development, Inc. 2. 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 regarding ENA negotiations with Coachella Valley Housing Coalition (CVHC) for property located at the northwest corner of Dune Palms Road and Avenue 48. Property Owner/Negotiators: Coachella Valley Housing Coalition. The Redevelopment Agency recessed to Closed Session to and until the hour of 7:00 p.m. 7:00 P.M. PUBLIC COMMENT - None Redevelopment Agency Minutes 2 September 20, 2005 CONFIRMATION OF AGENDA Executive Director Genovese advised of the need to add the following item to the agenda: Consideration of a Finance Agreement between the City of La Ouinta and the Redevelopment Agency and of an Additional Appropriation for the SilverRock Resort Golf Course Grading and Drainage Improvements, Project No. 2002-07L. Agency Counsel Jenson stated she believes that based on the statement made by the Public Works Director during the City Council meeting, the two required findings for adding an item to the agenda have been met. The two findings are as follows: 1) the item came up after posting of the agenda; and action on the item is needed before the next regular meeting of the Redevelopment Agency. In response to Board Member Sniff, Agency Secretary Greek stated the agenda was posted at approximately 1 :00 p.m. on Friday. Board Member Sniff inquired as to what time staff became aware of the item. Mr. Genovese stated staff was made aware of the matter on Friday afternoon. However, he is the one who finalizes the agenda and wasn't aware of the matter until Monday. MOTION - It was moved by Board Members Henderson/Adolph to add this item as an urgency matter based on the findings that the item came up after posting of the agenda and that action is needed before the next regular Redevelopment Agency meeting. APPROVAL OF MINUTES MOTION - It was moved by Board Members Sniff/Adolph to approve the Minutes of September 6, 2005 as submitted. Motion carried with Board Member Perkins ABSENT. CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER DATED SEPTEMBER 20, 2005. Redevelopment Agency Minutes 3 September 20, 2005 2. TRANSMITTAL OF TREASURER'S REPORT FOR THE PERIODS ENDING JUNE 30, AND JULY 31, 2005. 3. TRANSMITTAL OF REVENUE & EXPENDITURES REPORTS FOR THE PERIOD ENDING JUNE 30, AND JULY 31, 2005. MOTION - It was moved by Board Members Sniff/Adolph to approve the Consent Calendar as recommended. Motion carried with Board Member Perkins ABSENT. BUSINESS SESSION 1 . CONSIDERATION OF A FINANCE AGREEMENT BETWEEN THE CITY OF LA aUINTA AND THE REDEVELOPMENT AGENCY AND OF AN ADDITIONAL APPROPRIATION FOR THE SilverRock RESORT GOLF COURSE GRADING AND DRAINAGE IMPROVEMENTS, PROJECT NO. 2002-07L. There were no changes to the staff report as previously submitted by staff under the City Council item. MOTION - It was moved by Board Members Sniff/Adolph to approve a Finance Agreement with the City of La Quinta and the Agency and appropriate an additional $273,000 from General Fund Reserves to the SilverRock Resort Construction Account (401-1723-551-45-01) for the construction of SilverRock Resort Golf Course Grading and Drainage Improvements, Project No. 2002-07L. Motion carried with Board Member Perkins ABSENT. STUDY SESSION - None CHAIR AND BOARD MEMBERS' ITEMS - None PUBLIC HEARINGS - None The Redevelopment Agency recessed to Closed Session as delineated on Page 1. Redevelopment Agency Minutes 4 September 20, 2005 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). ADJOURNMENT There being no further business, it was moved by Board Members Sniff/Adolph to adjourn. Motion carried unanimously. Respectfully submitted, ~sd~ JUNE S. GREEK, Secretary City of La Ouinta, California