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2006 07 18 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY MINUTES JULY 18, 2006 A regular meeting of the La Quinta Redevelopment Agency was called to order by Chairman Osborne. PRESENT: Board Members Adolph, Henderson, Kirk, Sniff, Chairman Osborne ABSENT: None PUBLIC COMMENT - None CLOSED SESSION Chairman Osborne did not participate in Item No.1 due to a potential conflict of interest due to a former client of his firm being involved with this matter. 1. Conference with Agency's real property negotiator, Michael O'Connor, pursuant to Government Code Section 54656.8 concerning potential terms and conditions and/or disposition of real property located at the southeast corner of Miles Avenue and Washington Street. Property Owner/Negotiator: CP Development, La Quinta,LLC. The Redevelopment Agency recessed to Closed Session to and until the hour of 3:00 p.m. 3:00 P.M. PUBLIC COMMENT - None CONFIRMATION OF AGENDA - Confirmed APPROVAL OF MINUTES MOTION - It was moved by Board Members Sniff/Adolph to approve the Redevelopment Agency Minutes of July 5, 2006 as submitted. Motion carried unanimously. Redevelopment Agency Minutes 2 July 18, 2006 CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER DATED JULY 5, 2006. 2. APPROVAL OF DEMAND REGISTER DATED JULY 18,2006. 3. RECEIVE AND FILE THE TREASURER'S REPORT DATED MAY 31, 2006. 4. RECEIVE AND FILE THE REVENUE & EXPENDITURES REPORT DATED MAY 31, 2006, AND INVESTMENT SUMMARY REPORT FOR THE QUARTER ENDING JUNE 30, 2006. 5. APPROVAL OF AN AMENDED AGREEMENT FOR LEGAL SERVICES WITH RUTAN AND TUCKER, LLP. MOTION - It was moved by Board Members Sniff/Adolph to approve the Consent Calendar as recommended. Motion carried unanimously. BUSINESS SESSION 1 . CONSIDERATION OF: 1) A RESOLUTION APPROVING THE FISCAL YEAR 2006/2007 LA QUINTA REDEVELOPMENT AGENCY BUDGET; AND 2) A RESOLUTION DETERMINING THE PLANNING AND ADMINISTRATION EXPENSES TO BE FUNDED IN FISCAL YEAR 2006/2007. There were no changes to the staff report as submitted and on file in the City Clerk's Office. MOTION - It was moved by Board Members Kirk/Henderson to approve the following resolutions: RESOLUTION NO. RA 2006-007 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF LA QUINT A, CALIFORNIA, APPROVING A BUDGET FOR FISCAL YEAR 2006/2007. and Redevelopment Agency Minutes 3 July 18, 2006 RESOLUTION NO. RA 2006-008 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF LA QUINT A, CALIFORNIA, DETERMINING THAT THE PLANNING AND ADMINISTRATION EXPENSES TO BE FUNDED IN FISCAL YEAR 2006/2007 BY THE LOW AND MODERATE-INCOME HOUSING FUND ARE NECESSARY FOR THE PRODUCTION, IMPROVEMENT, AND/OR PRESERVATION OF AFFORDABLE HOUSING FOR LOW AND MODERATE-INCOME HOUSEHOLDS. Motion carried unanimously. STUDY SESSION - None CHAIR AND BOARD MEMBERS' ITEMS - None The Redevelopment Agency recessed to and until 7:00 p.m. 7:00 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). PUBLIC HEARINGS 1 . JOINT PUBLIC HEARING BETWEEN THE CITY COUNCIL AND REDEVELOPMENT AGENCY TO CONSIDER AN AFFORDABLE HOUSING AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY AND SOUTHERN CALIFORNIA HOUSING DEVELOPMENT CORPORATION (SCHDC) TO CONVEY CERTAIN PROPERTY LOCATED AT 78-990 MILES AVENUE AND SCHDC's SUBSEQUENT OWNERSHIP AND OPERATION OF AN AFFORDABLE RENTAL HOUSING DEVELOPMENT CONSISTING OF 80 DWELLING UNITS RESTRICTED FOR RENTAL TO AND OCCUPANCY BY VERY-LOW INCOME FAMILY HOUSEHOLDS AT RENT AFFORDABLE TO SUCH HOUSEHOLDS. Redevelopment Agency Minutes 4 July 18, 2006 Board Member Adolph noted staff is recommending this item be continued to August 1, 2006. The Chair declared the PUBLIC HEARING OPEN at 9:52 p.m. MOTION - It was moved by Board Members Sniff/Adolph to continue the joint public hearing for an affordable housing agreement with Southern California Housing Development Corporation to August 1, 2006. Motion carried unanimously. ADJOURNMENT There being no further business, it was moved by Board Members Sniff/Henderson to adjourn. Motion carried unanimously. Respectfully submitted, ~vn>- -dJ.. f6v.) ~ DEBORAH H. POWELL, Interim Secretary City of La Quinta, California