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2005 10 18 RDA Minutes LA QUINT A REDEVELOPMENT AGENCY MINUTES OCTOBER 18, 2005 A regular meeting of the La Ouinta 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 Henderson/Adolph to excuse Board Member Perkins. Motion carried unanimously. PUBLIC COMMENT - None CLOSED SESSION 1 . Conference with Agency's legal counsel pursuant to Government Code Section 54956.9(c) - Initiation of litigation (one matter - complaint against Verizon). 2. Conference with Agency's legal counsel pursuant to Government Code Section 54956.9(a) regarding pending litigation, La Quinta Redevelopment Agency v. KSL Desert Resorts, Inc., Riverside Superior Court Case No. INC 044676. The Redevelopment Agency recessed to Closed Session to and until the hour of 3:00 p.m. 3:00 P.M. The Redevelopment Agency reconvened with Agency Counsel Jenson announcing that a closed session on Item No.1 has been concluded with the Agency unanimously voting to authorize Agency Counsel to initiate litigation against Verizon for delay damages associated with Verizon's failure to relocate their lines in the Old Avenue 52 alignment. PUBLIC COMMENT - None Redevelopment Agency Minutes 2 October 18, 2005 CONFIRMATION OF AGENDA - Confirmed APPROVAL OF MINUTES MOTION - It was moved by Board Members Sniff/Adolph to approve the Redevelopment Agency Minutes of October 4, 2005 as submitted. Motion carried with Board Member Perkins ABSENT. CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER DATED OCTOBER 18, 2005. 2. TRANSMITTAL OF TREASURER'S REPORT FOR THE PERIOD ENDING AUGUST 31, 2005. 3.. TRANSMITTAL OF REVENUE & EXPENDITURES REPORTS FOR THE PERIOD ENDING AUGUST 31, 2005 AND INVESTMENT SUMMARY REPORT FOR THE QUARTER ENDING SEPTEMBER 30, 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 - None STUDY SESSION - None CHAIR AND BOARD MEMBERS' ITEMS - None PUBLIC HEARINGS - None -- -------- Redevelopment Agency Minutes 3 October 18, 2005 ADJOURNMENT There being no further business, it was moved by Board Members Sniff/Adolph to adjourn. Motion carried unanimously. Respectfully submitted, ~ø~ JUNE S. GREEK, Secretary City of La Quinta, California