1992 01 02 CC Minutes 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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