2010 02 16 RDA MinutesLA QUINTA REDEVELOPMENT AGENCY
MINUTES
FEBRUARY 16, 2010
A regular meeting of the La Quinta Redevelopment Agency was called to
order by Chairperson Evans.
PRESENT: Agency Members Adolph, Franklin, Henderson, Sniff,
Chairperson Evans
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 real property
located on the west side of Eisenhower Drive between Avenue 50 and
Avenida Fernando. Property Owner/Negotiator: Pyramid Project
Management, Ken Hoeppner.
The Redevelopment Agency recessed to Closed Session to and until the hour
of 4:00 p.m.
4:00 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 Act1.
PUBLIC COMMENT -None
CONFIRMATION OF AGENDA -Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Agency Members Sniff/Henderson to approve
the Redevelopment Agency Minutes of February 2, 2010 as submitted.
Motion carried unanimously.
Redevelopment Agency Minutes 2 February 16, 2010
CONSENT CALENDAR
1. APPROVAL OF DEMAND REGISTER DATED FEBRUARY 16, 2010.
2. RECEIVE AND FILE TREASURER'S REPORT DATED DECEMBER 31,
2009.
3. RECEIVE AND FILE REVENUE & EXPENDITURES REPORT DATED
DECEMBER 31, 2009.
MOTION - It was moved by Agency Members Sniff/Henderson to
approve the Consent Calendar as recommended. Motion carried
unanimously.
BUSINESS SESSION
1. CONSIDERATION OF MID-YEAR BUDGET REPORT FOR FISCAL YEAR
2009-2010 AND ADOPTION OF A RESOLUTION FOR DETERMINING
PLANNING AND ADMINISTRATION EXPENSES.
There were no changes to the staff report as submitted and on file in
the City Clerk Department.
MOTION - It was moved by Agency Members Sniff/Henderson to
approve a decrease of $(7,336,300) in estimated property tax
increment revenue; approve a decrease of 5(93,950) in estimated
investment interest revenue; approve an increase of 525,000 in
revenues from 2nd Trust Deed revenues; approve an increase of
522,083 in miscellaneous revenues; approve an increase of
52,600,000 in transfers into the RDA Project Area No. 2 Capital
Projects Fund from the RDA Project Area No. 2 Debt Service Fund to
fund capital projects, including the Jefferson Street Landscape Project
between Westward Ho Drive and the Whitewater River; approve a
decrease in appropriations of 5(2,157,000) in pass-through tax
payments; approve an increase of 5189,137. in appropriations for
reimbursement to the General Fund for staff time related primarily to
increased housing efforts; approve a decrease of 5(36,700) in County
fees related to the collection of property taxes; approve an increase of
5105,000 in consultant services for redevelopment activities; and
receive and file the Mid-Year Budget Report. Motion carried
unanimously.
Redevelopment Agency Minutes 3 February 16, 2010
RESOLUTION NO. RA 2010-003
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
LA QUINTA, CALIFORNIA, DETERMINING THAT THE PLANNING AND
ADMINISTRATION EXPENSES TO BE FUNDED IN FISCAL YEAR 2009-
2010 BY THE LOW-AND-MODERATE-INCOME HOUSING FUND ARE
NECESSARY FOR THE PRODUCTION, IMPROVEMENT, AND/OR
PRESERVATION OF AFFORDABLE HOUSING FOR LOW-AND-
MODERATE-INCOME HOUSEHOLDS.
It was moved by Agency Members Sniff/Henderson to adopt
Resolution No. RA 2010-003 as submitted. 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/Franklin to adjourn. Motion carried unanimously.
Respectf Ily submitted,
G2 G~~
VERONICA J. NTECINO, Secretary
City of La Quinta, California