1985 03 05 RDA Minutes MINUTES
LA QUINTA REDEVELOPMENT AGENCY
A regular meeting of the La Quinta
Redevelopment Agency held at City
Hall 78-105 Calle Estado, La Quinta,
California.
March 5, 1985 7:30 p.m.
1. CALL IC ORDER
Chairman Cox called the La Quinta Redevelopment meeting to order at 8:47 p.m.
2. ROLL CALL
Present: Agency Members Allen, Pena and Chairman Cox.
Absent: Agency Members Bohnenberger and wolff.
Also Present: Executive Director Usher, Assistant Executive Director Jennings,
City Attorney Longtin.
Moved by Agency Member Allen, seconded by Agency Member Pena, to excuse Agency
Members Bohnenberger and Wolff. Unanimously adopted.
3. HEARINGS
4. CONSENT CALENDAR
Moved by Agency Member Allen, seconded by Agency Member Pena, to adopt the
Consent Calendar. Unanimously adopted.
A. The Minutes of a regular meeting of the La Quinta Redevelopment Agency held
February 19, 1985, were approved as submitted.
5. BUSINESS SESSION
A. The Executive Director presented a report regarding an update on the status
of redevelopment bond sales. Mr. Usher stated that he would be receiving a
report from Katz Hollis on Monday, March 11, 1985, relative to the fiscal proj-
ections in the redevelopment project area. Mr. Usher stated that he was also
to receive a draft R.F.P. from Katz hollis on March 14th, relative to obtaining
a financial advisor or bond house, who would prepare documents relative to the
bond issue, and explained that on March 20th, the City would begin circulating
the RFP, and advertising for bids by April 1st would be advertising for bids
for construction of the flood control project. Mr. Usher stated that the City
would receive returned proposals relative to the financial advisors on April 22nd,
and at the Redevelopment Agency of May 7th, officially selecting the bond house.
On May 15th, the Agency would expect to receive bids for construction, and would
then know the actual cost of the flood control project, and at that point would
proceed with the action relative to establishing the bond issue.
6. ADJOURNMENT
Moved by Agency Member Allen, seconded by Agency Member Pena, to adjourn.
A regular meeting of the La Quinta Redevelopment Agency was adjourned at 8:51 p.m.,
Tuesday, March 5, 1985, at City Hall, 78-105 Calle Estado, La Quinta, California.
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