2012 10 16 SA MinutesCITY AS SUCCESSOR AGENCY
TO THE LA QUINTA REDEVELOPMENT AGENCY
MINUTES
REGULAR MEETING TUESDAY, OCTOBER 16, 2012
A regular meeting of the La Quinta City Council in its capacity as Successor
Agency to the dissolved La Quinta Redevelopment Agency ( "SA ") was called to
order at the hour of 8:29 p.m. by Chairperson Adolph.
PRESENT: Agency Members Evans, Franklin, Henderson, Osborne, Chair Adolph
ABSENT: None
CLOSED SESSION - None
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA - Confirmed
APPROVAL OF MINUTES
MOTION - A motion was made by Agency Members Henderson /Evans to approve
the minutes of October 2, 2012 as submitted. Motion passed unanimously.
CONSENT CALENDAR
1. APPROVAL OF DEMAND REGISTER DATED OCTOBER 16, 2012
2. APPROVAL OF AN ASSIGNMENT
BETWEEN CP DEVELOPMENT LA
RETIREMENT RESIDENCE, LP
AND ASSUMPTION AGREEMENT
QUINTA, LLC AND LA QUINTA
3. RECEIVE AND FILE TREASURER'S REPORT DATED AUGUST 31, 2012
4. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED AUGUST
31, 2012 AND INVESTMENT SUMMARY REPORT FOR THE QUARTER
ENDING SEPTEMBER 30, 2012
5. ADOPTION OF A RESOLUTION APPROVING AMENDMENT NO. 7 TO THE
DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN SUCCESSOR
AGENCY TO LA QUINTA REDEVELOPMENT AGENCY AND CP
DEVELOPMENT LA QUINTA, LLC [Resolution SA 2012 -0121
CITY AS SUCCESSOR AGENCY TO RDA 1 OCTOBER 16, 2012
MOTION — A motion was made by Agency Members Franklin /Henderson to
approve the Consent Calendar as recommended with Item No. 5 adopting
.Resolution 2012 -012. Motion passed unanimously.
BUSINESS SESSION - NONE
STUDY SESSION — NONE
REPORTS AND INFORMATIONAL ITEMS
1. OVERSIGHT BOARD MINUTES DATED AUGUST 8, 2012
ADJOURNMENT
There being no further business, it was moved by Agency Members
Evans /Henderson to adjourn at 8:30 p.m. Motion carried unanimously.
Respectfully submitted,
SUSAN MAYSELS, A ency Secretary
Successor Agency to the
La Quinta Redevelopment Agency
CITY AS SUCCESSOR AGENCY TO RDA 2 OCTOBER 16, 2012