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2006 11 21 RDA Minutes LA QUINT A REDEVELOPMENT AGENCY MINUTES NOVEMBER 21, 2006 A special meeting of the La Quinta Redevelopment Agency was called to order at 2:00 p.m. by Chairman Osborne. PRESENT: Board Members Adolph, Henderson, Kirk, Sniff, Chairman Osborne ABSENT: None PUBLIC COMMENT - None CLOSED SESSION 1. Conference with 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 IOf 525:t acres located at the southwest corner of Avenue 52 and Jefferson Street. Property Owner/Negotiator: LDD SilverRock, LlC, Theodore Lennon. The Redevelopment Agency recessed to Closed Session The Redevelopment Agency meeting was reconvened with no decisions being made in Closed Session which require reporting pursuant to Government Code Section 54957.1 (Brown Act). ADJOURNMENT Tlhe Redevelopment Agency meeting was adjourned to the regularly- scheduled meeting of November 21, 2006, commencing with closed session at 3:00 p.m. and open session at 4:00 p.m. 3:00 P.M. City Clerk Montecino announced at 3:00 p.m. that the meeting would not be called to order until 4:00 p.m. due to lack of a quorum. Redevelopment Agency Minutes 2 November 21, 2006 PUBLIC COMMENT - None CLOSED SESSION 1. Conference with Agency's real property negotiator, Douglas R. Evans, pursuant to Government Code Section 54956.8 concerning potential terms and conditions of acquisition and/or disposition of property identified as 600-030-002 and -003. Property Owners/Negotiators: .susan Hancock and Dennis & Stephanie Fountain. The Redevelopment Agency recessed to closed session to and until the hour of 4:00 p.m. 4:00 P.M. A regular meeting of the La Qulnta Redevelopment Agency was called to order by Chairman Osborne. PUBLIC COMMENT - None CONFIRMATION OF AGENDA - Confirmed APPROVAL OF MINUTES L'IOTION - It, was moved t::y E;oard Members Sniff/Adolph to approve the iledevelopment Agency Minutes of November 7, 2006 as submitted. Motion carried unanimously. CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER DATED NOVEMBER 21, 2006. 2.. RECEIVE AND FILE THE TREASURER'S REPORT DATED SEPTEMBER 30, 2006. 3. RECEIVE AND FILE THE REVENUE & EXPENDITURES REPORT DATED SEPTEMBER 30, 2006. Redevelopment Agency Minutes 3 November 21, 2006 4. APPROVAL OF THE SEPARATELY' ISSUED LA QUINT A REDEVELOPMENT AGENCY ANNUAL AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30,2006. 5. APPROVAL OF APPROPRIATION OF FUNDS FROM RDA PROJECT AREA NO. 1 FOR AVENUE 52 STORM DRAIN IMPROVEMENTS, PROJECT NO. 2005-10. 6. APPROVAL OF AN AMENDMENT TO, AND ASSIGNMENT OF, THE EXCLUSIVE NEGOTIATION AGREEMENT BY AND BETWEEN DOC DESERT DEVELOPMENT, INC. AND THE LA QUINTA REDEVELOPMENT AGENCY FOR CERTAIN DEVELOPABLE PARCELS WITHIN SIL VERROCK RESORT. MOTION - It was moved by Board Members Sniff/Adolph to approve the Consent Calendar as recommended. Motion carried unanimous~y. BUSINESS SESSION - None STUDY SESSION - None CHAIR AND BOAIRD MEMBERS' ITEMS - None PUBLIC HEARINGS 1. JOINT PUBUC HEARING BETWEEN THE CITY COUNCIL AND REDEVELOPMENT AGENCY FOR CONSIDERATION OF A PROPOSED DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE LA QUINT A REDEVELOPMENT AGENCY AND LDD SIL VERROCK, LLC FOR THE SALE AND DEVELOPMENT OF 52 ACRES OF AGENCY PROPERTY LOCATED SOUTHWEST OF THE INTERSECTION OF JEfFERSON STREET AND AVENUE 52 (SIL VERROCK RESORT) IN THE LA QUINTA PROJECT AREA NO.1. The Chair declared the PUBLIC HEARING OPEN at 8:28 p.m. Redevelopment Agency Minutes 4 November 21, 2006 MOTION - It was moved by Board Members Kirk/Sniff to continue the joint public hearing to December 5, 2006. Motion carried unanimously. At 8:30 the Redevelopment Agency recessed to Closed Session as delineated on Page 1. At 9:40 p.m. the Redevelopment Agency meeting was reconvened with no decisions being made in Closed Session which require reporting pursuant to Government Code Section 54957.1 (Brown Act). ADJOURNMENT There being no further business, the Board Members concurrently adjourned the meeting. Motion carried unanimously. Respectfully submitted, , /,/ /,/ /? / / -- " /" //.'1' // )~ /;f ^ /;P -- / ; _ /~ c ~~/;~fl..A/h~;/ VERONICA J ONTECINO, CMC, Secretary City of La Q mta, California , I ~