1987 09 15 RDA MinutesC REDEVELOPMENT AGENCY OF THE CITY OF LA QUINTA
MINUTES
SEPTEMBER 15, 1987
A regular meeting of the Redevelopment Agency
of the City of La Quinta held in the City
Council Chamber, 78-105 Calle Estado, La Quinta,
California.
1. CALL TO ORDER
Mayor Hoyle called the meeting of the Redevelopment
Agency to order at the hour of 10:13 P.M..
2. ROLL CALL
PRESENT: Mr. Bohnenberger, Mrs. Cox, Mr. Pena, Mr.
Sniff, Chairman Hoyle
ABSENT: None
3. HEARINGS None
4. CONSENT CALENDAR
A. Approval of Minutes of September 1, 1987.
MOTION It was moved by Mrs. Cox, seconded by Mr.
Bohnenberger that Consent Item No. 4A be approved as
recommended. Motion carried on the following vote:
AYES: Mr. Bohnenberger, Mrs. Cox, Mr. Pena, Mr. Sniff,
Chairman Hoyle
NOES: None
ABSTAIN: None
ABSENT: None
5. BUSINESS SESSION
A. Statement of Financial Position, August, 1987.
The Finance Director presented a Financial Report
for August 1987.
Mr. Sniff questioned the status of the note payable
to the Water District.
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C Mr. Harvey advised that these funds are on deposit
with the trustee. At such time as we can prove we
have one and a quarter times the annual debt
service and our reserves are funded, then the
trustee will forward those funds to us and we will
in turn forward them to the Water District.
Noted and Filed.
There being no further business, the meeting was adjourned at 10:15
F.M.
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