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1992 06 02 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY MINUTES JUNE 2, 1992 Regular meeting of the La Quinta Redevelopment Agency was called to order by Chairman Pena. PRESENT: Mr. Bohnenberger, Mrs. Franklin, Mr. Sniff, Chairman Pena ABSENT: Mr. Rushworth APP?OVAL OF MINUTES MOTION It was moved by Mr. Sniff, seconded by Mr. Bohnenberger that the Agency Minutes of May 5, 1992 be approved as submitted. Motion carried unanimously. PUBLIC COMMENT None BUSINESS SESSION 1. DISCUSSION AND CONSIDERATION OF DEVELOPMENT PROPOSAL SUBMITTED BY WALLING & MCCALLUM FOR THE VILLAGE AT LA QUINTA. Mr. Genovese, Acting Executive Director, advised that the Council has a proposal submitted by walling & Mccallum, which request funding from the Redevelopment Agency Project Area 1. The proposal has been forwarded to the RDA consultants for review. John Walling, 45-190 Club Dr., Indian Wells, advised that this project proves itself through the marketing study, they're willing to take it with the consent of the City with no further costs by actually bringing in some developers. Mrs. Franklin suggested that since this expenditure is proposed to come from the 1992-93 FY budget, that action be delayed until that budget is reviewed. Mr. Walling believed that expediency is of utmost importance the sooner we get going, the sooner we?ll determine the market. He anticipates that they can develop a design in about two months. In response to Council Member Sniff, Mr. Genovese advised that it was forwarded to the Agency?s consultants only as an informational item to see if they have any major concerns. He has not asked them to give it an indepth review without the Board's direction. BIB] 07-18-1996-U01 01:36:26PM-U01 RDAMIN-U02 06-U02 02-U02 1992-U02 MOTION It was moved by Mr. Sniff, seconded by Mrs. Franklin that the proposal submitted by Mr. Walling be continued until June 16, 1992, until after the budget is reviewed. Motion. carried unanimously. CONSENT CALENDAR 1. APPROVAL OF DEMAND REGISTER. 2. TRANSMITTAL OF STATEMENT OF FINANCIAL POSITION. MOTION It was moved by Mr. Sniff, seconded by Mr. Bohnenberger that the Consent Calendar be adopted as recommended. Motion carried unanimously. CLOSED SESSION a. Discussion of negotiations pursuant to Government Code section 54956.8 La Quinta Canyon Center Development & Disposition Agreement Koenig Companies OPA at Washington & Tampico Ralph?s Center) Birtcher/Ladin Washington Square) OPA b. Discussion of land acquisition pursuant to Government Code Section 54956.8 La Quinta Canyon Center Land Acquisition The oard reconvened with no action being taken. There being no further business, the meeting was adjourned. R ectfully submitted, SAUNDRA L. JUH Secretary La Quinta Redevelopment Agency BIB] 07-18-1996-U01 01:36:26PM-U01 RDAMIN-U02 06-U02 02-U02 1992-U02