1992 01 02 CC Minutes Sp Mtg LA QUINTA CITY COUNCIL
MINUTES
JANUARY 2, 1992
Special meeting of the La Quinta City Council was called to order
at the hour of 8:35 A.M. by Mayor pena.
PRESENT: Council Members Franklin, Sniff, Mayor pena
ABSENT: Council Members Bohnenberger, Rushworth
Council adjourned to Closed Session pursuant to Government Code
Section 54956.9 to discuss potential litigation involving
International Treasury Management and Denman Company.
Council reconvened at 10: A.M.
MOTION It was moved by Council Members Sniff/Franklin to
authorize the law firm of Stradling, Yocca, Carlson & Rauth to file
on an as needed basis'?, a law suit in Federal or State Court; and
to hire accountants and if necessary, to consult with special
bankruptcy counsel; and to do everything possible to preserve and
protect the City's legal position. Motion carried unanimously.
MINUTE ORDE? NO. 92-1.
Council ad?ourned with no further action being taken.
Res?ctfull? submitted,
4?DRALJ?tyClerk
City of La Quinta, California
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