2009 12 01 RDA MinutesLA QUINTA REDEVELOPMENT AGENCY
MINUTES
DECEMBER 1, 2009
Agency Secretary Montecino announced that the regular meeting of the
La Quinta Redevelopment Agency would not be called to order until the hour
of 4:00 p.m. due to lack of quorum.
Chairperson Franklin called the meeting to order at 4:00 p.m.
PRESENT: Agency Members Adolph, Evans, Henderson, Sniff,
Chairperson Franklin
ABSENT: None
PUBLIC COMMENT -None
CLOSED SESSION -None
CONFIRMATION OF AGENDA -Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Agency Members Sniff/Evans to approve the
Redevelopment Agency Minutes of November 17, 2009, as submitted.
Motion carried unanimously.
CONSENT CALENDAR
1. APPROVAL OF DEMAND REGISTER DATED DECEMBER 1, 2009.
MOTION - It was moved by Agency Members Sniff/Evans to approve
the Consent Calendar as recommended. Motion carried unanimously.
BUSINESS SESSION
1. CONSIDERATION OF A FINANCE AGREEMENT BETWEEN THE CITY
OF LA QUINTA AND THE LA QUINTA REDEVELOPMENT AGENCY
RELATING TO THE SUPPLEMENTAL .EDUCATIONAL REVENUE
AUGMENTATION FUND (SERAF) PAYMENT MANDATED PURSUANT
TO STATE OF CALIFORNIA ASSEMBLY BILL 26 AND
APPROPRIATION OF FUNDS.
Redevelopment Agency Minutes 2 December 1, 2009
There were no changes to the staff report as submitted and on file in
the City Clerk's Department.
MOTION - It was moved by Agency Members Henderson/Evans to
approve the Finance Agreement between the City of La Quinta and the
La Quinta Redevelopment Agency relating to the Supplemental
Educational Revenue Augmentation Fund (SERAF) payment mandated
pursuant to State of California Assembly Bill 26 of 510 million and an
appropriation of 523,560,481 to make the payment. Motion carried
unanimously.
STUDY SESSION -None
CHAIR AND AGENCY MEMBERS' ITEMS -None
PUBLIC HEARINGS -None
ADJOURNMENT
There being no further business, it was moved by Agency Members
Sniff/Evans to adjourn. Motion carried unanimously.
Respectf Ily submitted,
~~~~
VERONICA J. NTECINO, Secretary
City of La Q nta, California