1984 05 15 RDA Minutes MINUTES
IA QUIm ADENCY
A regular meeting of the La QUinta
redevelopment Agency held at City
Hall, 78-105 Calle Estado,
La quinta, California
Nay 15, 1984 730p.m.
1. CALL TO OER 9.41 p.rn.
2. RnTr OT.
Present: Agency rs Baler, Cox, Henderson, wolff and chairman Allen.
Absent. None.
Also Present executive Director Usher, Assistant to the Executive Director Jennings,
City Attorney Longtin.
3. HENGS
4. SE CALFfl
moved by Agency Henderson son, seconded by Agency rter wolff, to adopt the
Consent Calendar.
A. The Minutes of the La QUinta Redevelopment Agency meeting held May 1, 1984, were
approved as submitted.
5 BUSINESS SESSION
A. The Executive Director presented a report regarding retention of bond
counsel and financial consultant relative to the preparation and issuance of
flood control bonds, at the hourly rate specified in the agreement, with the
maximum arount noted as not to exceed $20,000.00.
moved hy Agency Masr wolff, seconded by Agency Meer Cox, to approve
retention of Katz, Hollis, Coren & AsSociates as bond counsel and financial
consultant relative to preparation and issuance of flood control bonds, at a
cost not exceed $20,000.00. tkaninously adopted.
D. The executive Director presented a report regarding retention of bond counsel
and recrIended hiring of Fritz R. Stradling of Stradling, Yocca, Carlson &
Rauth, with a maximum amount for services to be $30,000.00, to be paid Out of
the proceeds of the bonds.
Moved by CouncIl Neeeer wolff, seconded by Council Mespar Baier, to authorize
retention of the fInn of Stradling, Yocca, Car lson & Rauth as bond counsel,
at a fee not to exceed $30,000.00 if bonds are issued, and $28,000.00 if
validation proceedings ar n required. Uasninoly adopted.
C. The Becutive Director presented a report regarding an advance of funds frcm
the City of La Quinta to the La Quinta Redevelopment Agency, in the amount of
$35,000.00.
ed by Council wolff, seconded by Council Member Baier, to approve an
advance of funds from the City to the Agency in the amount of $35,000.00.
Unanusly adopted.
6. ADJOURN
7ed by AgenCy member wolff, seconded by Agency Cox, to adjourn.
The La Quinta Redevelopment Agency meeting held June 5, 1984, was adjourned at
9.48 p.m., Tuesday, at City Hall, 78-105 Calle Estado, La Quinta, California.
BIB]
09-04-1996-U01
08:59:03AM-U01
RDAMIN-U02
05-U02
15-U02
1984-U02