2006 12 05 RDA Minutes
LA QUINT A REDEVELOPMENT AGENCY
MINUTES
DECEMBER 5, 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 of 525:f: 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 Actl.
ADJOURNMENT
The Redevelopment Agency meeting was adjourned to the regularly-
scheduled meeting of December 5. 2006, commencing with closed session
at 3:00 p.m. and open session at 4:00 p.m.
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2
December 5, 2006
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.
4:00 P.M.
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
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
located south of Calle Tampico between Avenida Navarro and Avenida
Bermudas. Property Owners/Negotiators: Kimberly Lee (APN
773-078-016 and -0171; and Marshal Hughes (APN 773-078-006 and
-0071.
CONFIRMATION OF AGENDA - Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Board Members Sniff/Kirk to approve the
Redevelopment Agency Special Meeting Minutes of November 15, 2006 as
submitted. Motion carried unanimously.
MOTION - It was moved by Board Members Sniff/Adolph to approve the
Redevelopment Agency Minutes of November 21, 2006 as submitted.
Motion carried unanimously.
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3
December 5, 2006
CONSENT CALENDAR
1. APPROVAL OF DEMAND REGISTER DATED DECEMBER 5. 2006.
2. APPROVAL OF APPROPRIATION OF FUNDS FROM RDA PROJECT
AREA NO. 1 FOR EISENHOWER DRIVE BRIDGE AND DRAINAGE
IMPROVEMENTS, PROJECT NO. 2001-06.
3. APPROVAL OF ANNUAL CONTINUING DISCLOSURE FOR THE LA
QUINTA REDEVELOPMENT AGENCY 1998, 2001. 2002 AND 2003
TAX ALLOCATION BONDS FOR FISCAL YEAR END JUNE 30,2006.
4. ISSUANCE OF CONSENT BY THE LA QUINTA REDEVELOPMENT
AGENCY TO THE RECORDATION OF DEVELOPMENT AGREEMENT
NO. 2006-012 (CITY OF LA QUINTA/LDD SILVERROCK, LLCI AND
AUTHORIZE THE EXECUTIVE DIRECTOR TO EXECUTE THE CONSENT
TO THE RECORDATION.
5. ADOPTION OF A RESOLUTION OF THE REDEVELOPMENT AGENCY
APPROVING A PURCHASE AND SALE AGREEMENT BETWEEN THE
REDEVELOPMENT AGENCY AND DENNIS D. FOUNTAIN. FOR
PROPERTY LOCATED AT 46-150 DUNE PALMS ROAD (APN 600-
030-0031, AND THE APPROPRIATION OF $400,000 FOR
ACQUISITION, RELOCATION, AND DEMOLITION. (RESOLUTION NO.
RA 2006-0151
MOTION - It was moved by Board Members Sniff/Adolph to approve
the Consent Calendar as recommended and with Item No. 5 being
approved by RESOLUTION NO. RA 2006-015. Motion carried
unanimously.
BUSINESS SESSION - None
STUDY SESSION - None
CHAIR AND BOARD MEMBERS' ITEMS - None
PUBLIC HEARINGS
The Redevelopment Agency convened into joint session with the City
Council.
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December 5, 2006
1. CONTINUED JOINT PUBLIC HEARING TO CONSIDER A PROPOSED
DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN
THE LA QUINTA REDEVELOPMENT AGENCY AND LDD SILVERROCK,
LLC. FOR THE SALE AND DEVELOPMENT OF 52 ACRES OF AGENCY
PROPERTY LOCATED SOUTHWEST OF THE INTERSECTION OF
JEFFERSON STREET AND AVENUE 52 (SILVERROCK RESORTI IN
THE LA QUINTA PROJECT AREA NO.1.
Redevelopment Consultant frank Spevacek presented the staff report.
In response to Board Member Kirk, Mr. Spevacek responded by stating
the purchase price for the property was $80,900 per acre in 2002,
and there is no subsidy provision to the developer in the agreement.
Agency Counsel Jenson reported changes to the Disposition and
Development Agreement.
The Chair declared the PUBLIC HEARING OPEN at 8:50 p.m.
Ted Lennon, LDD SilverRock, stated he was available to answer
questions and thanked the Council for this opportunity of
development.
Joe Broido, 77-510 Calle Nogales, commented on being at a critical
moment with development of SilverRock; requested a copy of the
presentation; questioned if the Finance Director has produced a
financial report of the development; questioned if development
contingent upon a second golf course; stated concern for adequate
parking; and questioned what would be done if Native American
artifacts are found.
There being no additional requests to speak, the Chair declared the
PUBLIC HEARING CLOSED at 7:55 p.m.
Ms. Jenson explained an additional modification of Attachment 5 of
the Disposition and Development Agreement.
Board Member Kirk requested the staff presentation be made available
to the public; stated he has significant reservations with
Redevelopment Law, however the Agency/Council has shown great
vision and is in full support of moving forward with development.
Chairman Osborne thanked staff for their efforts to bring this project
to fruition.
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December 5, 2006
Board Member Sniff also conveyed thanks to the Executive Director
for overseeing this project and consistently moving it forward.
RESOLUTION NO. RA 2006-016
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
LA QUlNTA, CALIFORNIA, APPROVING A DISPOSITION AND
DEVELOPMENT AGREEMENT BETWEEN THE REDEVELOPMENT
AGENCY AND LDD SILVERROCK, LLC. FOR THE PROPERTY
LOCATED SOUTHWEST OF THE INTERSECTION OF JEFFERSON
STREET AND AVENUE 52.
It was moved by Board Members Sniff/Henderson to adopt Resolution
No. RA 2006-016 as submitted. Motion carried unanimously.
The Redevelopment Agency recessed to Closed Session as delineated on
Page 1.
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 Actl.
ADJOURNMENT
There being no further business, it was moved by Board Members
Sniff/Adolph to adjourn. Motion carried unanimously.
VERONICA J. ONTECINO.. CMC, Secretary
City of La Quinta, California