2000 11 21 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY
MINUTES
NOVEMBER 21, 2000
A regular meeting of the La Quinta Redevelopment Agency was called to order by
Chairperson Henderson.
PRESENT: Board Members Adolph, Pe~a, Perkins, Sniff, Chairperson Henderson
ABSENT: None
PUBLIC COMMENT - None
CLOSED SESSION
1. Conference with Agency's real property negotiator, Mark Weiss, pursuant to
Government Code Section 54956.8 concerning potential terms and conditions
of acquisition and/or disposition of real property located at the southeast corner
of Washington Street and Miles Avenue. Property Owner/Agent: Realscope.
2. Conference with Agency's real property negotiator, Mark Weiss, pursuant to
Government Code Section 54956.8 concerning potential terms and conditions
of acquisition and/or disposition of real property located generally north of
Avenue 52 at Jefferson Street. Property Owner/Negotiator: KSL
3. Conference with Agency's real property negotiator, Jerry Herman, pursuant to
Government Code Section 54956.8 concerning potential terms and conditions
of acquisition and/or disposition of real property located at the southeast corner
of Calle Tampico and Eisenhower Drive. Property Owner/Agent: Rael
Development Corporation
The Agency recessed to Closed Session to and until the hour of 3:00 pm.
3:00 P.M.
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA - Confirmed
Redevelopment Agency Minutes 2 November 21, 2000
APPROVAL OF MINUTES
MOTION - It was moved by Board Members Perkins/Adolph to approve the Minutes of
November 7, 2000, as submitted. Motion carried unanimously.
CONSENT CALENDAR
1. APPROVAL OF DEMAND REGISTER DATED NOVEMBER 21, 2000
2. TRANSMITTAL OF TREASURER'S REPORT AS OF SEPTEMBER 30, 2000.
3. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED SEPTEMBER
30, 2000, AND INVESTMENT SUMMARY FOR THE QUARTER ENDING
SEPTEMBER 30; 2000.
4. APPROVAL OF A REALLOCATION OF BUDGETED HOUSING FUNDS FROM
REDEVELOPMENT PROJECT AREA NO. 2 TO REDEVELOPMENT PROJECT
AREA NO. 1 FOR THE LA QUINTA HOUSING PROGRAM SECOND TRUST DEED
PROGRAM.
MOTION - It was moved by Board Members Sniff/Perkins to approve the
Consent Calendar as recommended. Motion carried unanimously.
BUSINESS SESSION
1. CONSIDERATION OF THE COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR
THE YEAR ENDED JUNE 30, 2000.
There were no changes to the staff report as submitted and on file in the City
Clerk's Office.
MOTION - It was moved by Board Members Sniff/Adolph to approve, receive
and file the Comprehensive Annual Financial Report for the Year Ended June 30,
2000. Motion carried unanimously.
STUDY SESSION - None
DEPARTMENT REPORTS - None
Redevelopment Agency Minutes 3 November 21, 2000
CHAIR AND BOARD MEMBERS' ITEMS - None
The Redevelopment Agency recessed to Closed Session as delineated on Page I to
and until 7:00 p.m.
7:00 P. M.
PUBLIC COMMENT - None
PUBLIC HEARINGS
JOINT PUBLIC HEARING WITH THE LA QUINTA CITY COUNCIL
1. JOINT PUBLIC HEARING WITH THE CITY OF LA QUINTA AND THE LA QUINTA
REDEVELOPMENT AGENCY TO CONSIDER AN AFFORDABLE HOUSING
AGREEMENT BETWEEN THE AGENCY AND D.C. & T.C., LLC FOR PROPERTY
LOCATED NORTHWEST OF THE INTERSECTION OF JEFFERSON STREET AND
AVENUE 48.
The Chairperson declared the PUBLIC HEARING OPEN at 10:18 p.m.
Community Development Director Herman presented the staff report.
Frank Spevacek, consultant with RSG, advised an agreement had been reached
to add additional language in the agreement regarding the City's ability to secure
payment if damages occur through non-performance by the developer.
Hal Lynch, 101 Shipyard Way, Newport Beach, representing RGC, reviewed the
current status of the project and advised since they opened for reservations
they have sold 20 of 25 affordable housing units and 12 of 34 market rate
units. He added full construction will begin in approximately one month.
There being no requests to speak, the Chairperson declared the PUBLIC
HEARING CLOSED at 10:28 p.m.
Redevelopment Agency Minutes 4 November 21, 2000
RESOLUTION NO. RA 2000-14
A RESOI.UTION OF THE REDEVEI. OPMENT AGENCY OF THE CITY OF
I.A QUINTA, CAI.IFORNIA, APPROVING AN AFFORDABLE HOUSING
AGREEMENT BY AND BETWEEN THE AGENCY AND D.C. & T.C., LLC A
CALIFORNIA LIMITED LIABILITY COMPANY FOR THE DEVELOPMENT OF AN
AFFORDABI.E SENIOR APARTMENT COMPLEX ON A SITE WITHIN
REDEVELOPMENT PROJECT AREA NO. 2.
It was moved by Board Members Sniff/Adolph to adopt Resolution No. RA
2000-14 as amended (with modified language to allow the City to secure
payment if damages occur through non-performance by the developer). Motion
carried unanimously.
The Agency recessed to Closed Session as delineated on Page 1.
The Agency meeting reconvened with no decisions being made in Closed Session
which require reporting pursuant to Section 54957.1 of the Government Code (Brown
Act).
ADJOURNMENT
There being no further business the meeting was adjourned.
Respectfully submitted,
JUNE S. GREEK, Agency Secretary
La Quinta Redevelopment Agency