2007 11 20 RDA MinutesLA QUINTA REDEVELOPMENT AGENCY
MINUTES
NOVEMBER 20, 2007
A regular meeting of the La Quinta Redevelopment Agency was called to
order by Chairman Osborne.
PRESENT: Agency Members Adolph, Kirk, Sniff, Chairman Osborne
ABSENT: Agency Member Henderson (arrived 3:15 p.m.)
MOTION - It was moved by Agency Member Sniff/Chairman Osborne to
excuse the absence of Agency Member Henderson. Motion carried
unanimously.
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 APN: 649-030-016, and -017. Property
Owner/Negotiator: Jerry Johnson, Desert European Motor Cars, Ltd.
The Redevelopment Agency recessed to Closed Session.
7:00 P.M.
The Redevelopment Agency meeting reconvened at 7:30 p.m. with no
decisions being made in Closed Session which require reporting pursuant to
Government Code Section 54957.1 (Brown Act).
PUBLIC COMMENT — None
CONFIRMATION OF AGENDA — Confirmed
Redevelopment Agency Minutes 2 November 6, 2007
APPROVAL OF MINUTES
MOTION — It was moved by Agency Members Sniff/Adolph to approve the
Redevelopment Agency Minutes of November 6, 2007 as submitted. Motion
carried unanimously.
CONSENT CALENDAR
1. APPROVAL OF DEMAND REGISTER DATED NOVEMBER 20, 2007.
2. RECEIVE AND FILE TREASURER'S REPORT DATED SEPTEMBER 30,
2007.
3. RECEIVE AND FILE REVENUE & EXPENDITURES REPORT DATED
SEPTEMBER 30, 2007.
4. APPROVAL OF THE SEPARATELY -ISSUED LA QUINTA
REDEVELOPMENT AGENCY ANNUAL AUDITED FINANCIAL
STATEMENTS FOR THE YEAR ENDED JUNE 30, 2007.
5. APPROVAL OF AN APPROPRIATION TO REMOVE DEBRIS AT
SILVERROCK RESORT FROM PHASE I CONSTRUCTION.
6. AUTHORIZATION FOR OVERNIGHT TRAVEL FOR ASSISTANT CITY
MANAGER -DEVELOPMENT SERVICES AND ONE MANAGEMENT
ANALYST TO ATTEND THE 2008 CALIFORNIA REDEVELOPMENT
ASSOCIATION (CRA) ANNUAL CONFERENCE AND EXPO TO BE HELD
IN ANAHEIM, CALIFORNIA, MARCH 26-28, 2008.
MOTION — It was moved by Agency Members Sniff/Henderson to
approve the Consent Calendar as recommended. Motion carried
unanimously.
BUSINESS SESSION — None
STUDY SESSION — None
CHAIR AND AGENCY MEMBERS' ITEMS — None
Redevelopment Agency Minutes 3 November 6, 2007
PUBLIC HEARINGS
1. PUBLIC HEARING TO REVIEW AND TAKE TESTIMONY ON THE MID-
YEAR REVIEW OF THE THIRD FIVE YEAR IMPLEMENTATION PLAN
FOR THE LA OUINTA REDEVELOPMENT AGENCY PROJECT AREA
NOS. 1 AND 2 AND TO COMMIT ADDITIONAL PROGRAMS TO THE
THIRD FIVE YEAR PLAN.
Redevelopment Consultant Spevacek presented the staff report.
Chairman Osborne questioned the growing negative balance from the
anticipated revenue for non -housing activities. Redevelopment
Consultant Spevacek explained staff did not include a beginning
balance which contributes to the deficit, which is programmed through
the CIP, including the full cost of the clubhouse and SilverRock Resort
improvements; staff is charged to move forward as part of the annual
management review to develop a cash flow of how to pay for the
improvements and a more concrete payment program by moving the
expenditures to FY 2008/2009.
Chairman Osborne referred to job growth listed as one of the items to
be addressed regarding the non -housing programs, and stated not only
retail and tourism job should be promoted, but also high paying jobs.
In response to Chairman Osborne, Redevelopment Consultant
Spevacek explained the schedule for Project Nos. 1 and 2 shown in
the Implementation Plan was adopted in 2004, and stated the revenue
numbers and project costs have been updated, which show a year end
balance in 2008/2009 of $20,000,574; and stated the dollar amount
looks scary because if the State reviews the balance, they may say
we will need to do more.
Redevelopment Consultant Spevacek explained the reason the projects
were off is pursuant to the annual financial management review, staff
used current actual revenues and assumed assessed value growths at
a 2% per annum rate; staff has seen since 2004 the assessed values
increase from 15 to 20 percent per year which is the variance.
In response to Chairman Osborne, Redevelopment Consultant
Spevacek explained the per unit expenditures are lower than what was
actually spent due to the reference from the 2004 Implementation
Plan which reflects the actual expenditures at that time.
Redevelopment Agency Minutes 4 November 6, 2007
Chairman Osborne questioned if these old assumptions are noted.
Redevelopment Consultant Spevacek stated Attachment 2 of the staff
report is the Third Implementation Plan which includes the updated
information.
In response to Chairman Osborne, Redevelopment Consultant
Spevacek explained the reference to mobile home park rehabilitation
and the old numbers for affordable housing is to the Dune Palms
Mobile Home Park where staff was hopeful to perpetuate a purchase
and make more progress with the owners and reuse of the site.
Redevelopment Consultant Spevacek explained the number of units
needed is 375 more units and that there will not be any changes to
this amount based on the build -out capacity and highest possible
density. Assistant City Manager -Development Services Evans further
explained staff will have two sets of housing numbers that will be held
more accountable to in the future, and what Redevelopment
Consultant Spevacek talked about, and the RENA numbers, will be
harder to produce over time.
In response to Chairman Osborne, Redevelopment Consultant
Spevacek stated the numbers will only change if property is annexed
into the Redevelopment Project Area itself and if substantially
rehabilitated.
The Chair declared the PUBLIC HEARING OPEN at 7:54 p.m.
Council Member Henderson stated that because Vista Santa Rosa is in
the Redevelopment Area, there are certain housing numbers for
affordable housing that will be required.
There being no requests to speak, the Chair declared the PUBLIC
HEARING CLOSED at 7:55 p.m.
MOTION - It was moved by Agency Members Sniff/Adolph to approve
the Mid -Year Third Five Year Implementation Plan and the inclusion of
the Projects and Programs listed therein in the Mid -Year Third Five
Year Implementation Plan. Motion carried unanimously.
Redevelopment Agency Minutes 5 November 6, 2007
ADJOURNMENT
There being no further business, it was moved by Agency Members
Sniff/Adolph to adjourn at 7:56 p.m.s Motion carried unanimously.
Respectf ly submitted,
VERONICA J. NTECINO, Secretary
City of La Quinta, California