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1986 02 21 CC Minutes" 325 MINUTES CITY COUNCIL CITY OF LA QUINTA An adjourned regular meeting of the City Council of the City of La Quinta, California, held at City Hall, 78-105 Calle Estado. La Quinta, California. February 21, 1986 9:00 a.m. 1. CALL TO ORDER Ln Mayor Pena called the adjourned City Council meeting to order at 9:00 a.m. 0 2. ROLL CALL m Present: Council Members Allen, Cox, Wolff and Mayor Pena. Absent: Council Member Bohnenberger. Also Present: City Manager Usher, Deputy City Manager Jennings. Moved by Council Member Cox, seconded by Council Me?ber Wolff, to excuse Council Member Bohnenberger. Unanimously adopted. 3. PUBLIC CO?MNT 4. WRITTEN COMMUNICATIONS 5. COMMNT BY COUNCIL MEMBERS 6. CONSENT CALENDAR 7. HEARINGS 8. BUSINESS SESSION A. The City Manager reported that Mr. Mark Griesham from the County of Riverside was present to discuss economic development matters with the Council, and steps which the City could take to improve economic development within the City. Mark Griesham, Industrial Economic Development Director for the Department of Development, County of Riverside, explained the Department of Development and its services throughout the County. and discussed with the Council various ways in which economic development within the City could be fostered and promoted. Mr. Griesham discussed such issues as financing with Mello-Roos, industrial development bonds, certificates of participation, etc. Mr. Griesham also discussed redevelopment area projects and appropriate methods of financing various projects within redevelopment areas. Mr. Griesham suggested the Council develop a marketing and development plan. develop the community future focus and definition, and work towards completion of that marketing program. Mr. Griesham also suggested the Council hire or retain on a contractual basis a person who could focus on economic development; and get together with the property owners near the Highway 111 commercial area to obtain financing for off-site construction, roads, etc.; and test opportunities in the downtown area, such as send out a RFQ Request for Qualifications) to various developers and ask them to tell the City how they would develop a project or spaciality center in the downtown area. The Mayor announced that the meeting would be adjourned to take a 5-minute break. s--- I I fl? BIB] 02-27-96-U01 08:45:54AM-U01 CCMIN-U02 02-U02 21-U02 1986-U02 "NUTES City Council 21. 1986 Page Two. B. The City Manager presented a report regarding liability insurance, and said that the City bad received notices of non-renewal fro? its present carriers, effective May 1, 1966. Mr. Usher explained the Staff work which bad been done towards creation of a joint powers insurance authority, which has a deadline date to join of March 1, 1986, which had therefore created some urgency on the part of the Council to make a decision relative to liability insurance. Mr. Usher reported that in order for the Council to make this decision, be felt they should hear from both our commercial insurance broker, Robb Tarr, representing Robert F. Driver Co., and Mr. Ray Snitl, representing the CVJPIA? and March McLenon, insurance brokers and consultants. Robb Tarr addressed the Council and pointed Out to the? what he perceived were the shortcomings and faults in the structure of the proposed CVJPIA. Mr. Tarr stated that he was currently working with four insurance companies possibly interested in selling commercial liability insurance to the City, but would not have an idea for several weeks yet as to which one, if any, would provide this insurance. Mr. Tarr said that the City had a 50-50 chance of getting co?ercia? liability insurance, given the present insurance market. Mr. Tarr further reported that if the City was able to obtain commercial liability insurance, the premium would be double or triple its present coSt, with a much higher self-insured retention level and much less excess liability coverage. Following Mr. Tarr' S presentation, it was moved by Council Member wolff, seconded by Council Member Cox, to adjourn. Unanimously adopted. 9. ADJOURNMENT It was moved by Council Member wolff, seconded by Council Member Cox, to adjourn to Monday February 24, 1986, at 5:30 p.m., at City Hall. The adjourned regular meeting of the City Council of the City of La Quinta was adjourned at 12:42 p.m., Tuesday, February 21, 1986, at City Hall, 78-105 Calle Estado, La Quinta, California. BIB] 02-27-96-U01 08:45:54AM-U01 CCMIN-U02 02-U02 21-U02 1986-U02