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2000 06 20 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY MINUTES JUNE 20, 2000 A regular meeting of the La Quinta Redevelopment Agency was called to order by Chairperson Henderson. PRESENT: Board Members Adolph, Pe~a, Perkins, Sniff, Chairperson Henderson ABSENT: None PUBLIC COMMENT - None CLOSED SESSION 1. Conference with Agency's real property negotiator, Mark Weiss, pursuant to Government Code Section 54956.8 concerning potential terms and conditions of acquisition and/or disposition of real property located at the southeast corner of Washington Street and Miles Avenue. Property Owner/Agent: The North Central Group. 2. Conference with Agency's real property negotiator, Jerry Herman, pursuant to Government Code Section 54656.8 concerning potential terms and conditions of acquisition and/or disposition of real property located at the northwest corner of Jefferson Street and Avenue 48. Property Owner/Agent: Catellus Residential Group. The Agency recessed to Closed Session to and until the hour of 3:00 pm. 3:00 P.M. PUBLIC COMMENT - None CONFIRMATION OF AGENDA - Confirmed APPROVAL OF MINUTES MOTION - It was moved by Board Members Pe~a/Adolph to approve the Minutes of May 10, 2000, as submitted. Motion carried with Board Member Perkins ABSTAINING. Redevelopment Agency Minutes 2 June 20, 2000 MOTION - It was moved by Board Members 8niff/Pe~a to approve the Minutes of June 6, 2000, as submitted. Motion carried unanimously. CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER DATED JUNE 20, 2000. 2. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED APRIL 30, 2000. 3. TRANSMITTAL OF TREASURER'S REPORT DATED APRIL 30, 2000. 4. APPROVAL OF AN APPROPRIATION OF $175,000 FOR THE BUILDING HORIZONS PROGRAM. MOTION - It was moved by Board Members Perkins/Adolph to approve the Consent Calendar as recommended. Motion carried unanimously. BUSINESS SESSION 1. CONSIDERATION OF A RESOLUTION ADOPTING THE INVESTMENT POLICY OF THE CITY OF LA QUINTA FOR FISCAL YEAR 2000/2001 : There were no changes to the staff report as submitted and on file in the City Clerk's Office. RESOLUTION NO. RA 2000-03 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF LA QUINTA, CALIFORNIA, APPROVING AND ADOPTING THE AMENDED INVESTMENT POLICY FOR FISCAL YEAR 2000/2001. It was moved by Board Members Pe~a/Sniff to adopt Resolution No. RA 2000-03 as submitted. Motion carried unanimously. 2. CONSIDERATION OF AN AWARD OF CONTRACT TO CONSTRUCT THE PHASE VI - A, B, C, AND D IMPROVEMENTS, PROJECT NO. 98-19, WITHIN ASSESSMENT DISTRICT 2000-1. There were no changes to the staff report as submitted and on file in the City Clerk's Office. Redevelopment Agency Minutes 3 June 20, 2000 RESOLUTION NO. RA 2000-04 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF LA QUINTA, CALIFORNIA, AUTHORIZING APPROPRIATIONS, ESTABLISHING A LOAN FROM THE CITY OF LA QUINTA TO THE LA QUINTA REDEVELOPMENT AGENCY MAKING CERTAIN FINDINGS AND AWARDING A CONTRACT FOR PHASE VI A, B, C, AND D IMPROVEMENTS, PROJECT NO. 98-19, WITHIN ASSESSMENT DISTRICT 2000-1. It was moved by Board Members Sniff/Adolph to adopt Resolution No. RA 2000-04 as submitted. Motion carried unanimously. STUDY SESSION - None DEPARTMENT REPORTS - None CHAIR AND BOARD MEMBERS' ITEMS - None The Agency recessed to and until 7:00 p.m. 7:00 P. M. PUBLIC COMMENT - None PUBLIC HEARINGS JOINT PUBLIC HEARING WITH THE LA QUINTA CITY COUNCIL 1. JOINT PUBLIC HEARING BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY, CITY OF LA QUINTA, AND CATELLUS RESIDENTIAL GROUP TO CONSIDER TERMINATION OF TWO AFFORDABLE HOUSING AGREEMENTS BETWEEN THE REDEVELOPMENT AGENCY AND CATELLUS RESIDENTIAL GROUP. The Chair declared the PUBLIC HEARING OPEN at 10:50 p.m. Redevelopment Agency Minutes 4 June 20, 2000 Peter Larder, representing the Catellus Residential Group thanked Community Development Director Jerry Herman for all his help in working out this agreement. Mary Miller, 44935 Malia Circle, spoke in favor of the project going forward. She stated she hoped the price is maintained as moderate income housing and asked if the existing waiting list for homes will be honored. Redevelopment Consultant Frank Spevacek responded the details need to be finalized but he feels the lists will be honored. There being no further requests to speak, the Chair declared the PUBLIC HEARING CLOSED at 10:55 p.m. Board Member Adolph stated he feels the terms of the proposed agreement are too costly to the City and therefore, he cannot support it. MOTION - It .was moved by Board Members Sniff/Perkins to approve an amendment to the Affordable Housing Agreement for Single Family Residential and the Affordable Housing Agreement for Senior Apartments between the La Quinta Redevelopment Agency and Catellus Residential Group and authorize the Agency Chair and Agency Executive Director to execute the necessary documents to implement the amendment. Motion carried with Board Member Adolph voting NO. 2. JOINT PUBLIC HEARING BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY, CITY OF LA QUINTA, AND RECREACTION GROUP OF COMPANIES AND LINC HOUSING TO CONSIDER TWO AFFORDABLE HOUSING AGREEMENTS BETWEEN THE AGENCY AND RECREACTION GROUP OF COMPANIES AND LINC HOUSING. The Chair declared the PUBLIC HEARING OPEN at 11:03 p.m. Community Development Director Jerry Herman recommended the public hearing be continued to the meeting of July 5, 2000. MOTION - It was moved by Board Members Pe~a/Sniff to continue the public hearing to consider two Affordable Housing Agreements with RecreAction Group of Companies and LINC Housing to July 5, 2000. Motion carried unanimously. Redevelopment Agency Minutes 5 June 20, 2000 Acting City Attorney Kathy Jenson announced the Agency has concluded a closed session pursuant to Government Code Section 54956.8 and voted to terminate the Negotiation Agreement with North Central Group. ADJOURNMENT There being no further business, it was moved by Board Members Sniff/Adolph to adjourn. Motion carried unanimously. Respectfully submitted, JUNE S. GREEK, Agency Secretary La Quinta Redevelopment Agency