1998 06 16 RDA Minutes^? LA QUINTA REDEVELOPMENT AGENCY
MINUTES
JUNE16, 1998
Regular meeting of the La Quinta Redevelopment Agency was called to order by
Chairman Perkins.
PRESENT: Board Members Adolph, Henderson, Pena, Sniff, Chairman Perkins
ABSENT: None
PUBLIC COMMENT None
CONFIRMATION OF AGENDA Confirmed
APPROVAL OF MINUTES
MOTION It was moved by Board Members Pena/Sniff to approve the Minutes of
June 2, 1 998, as submitted. Motion carried unanimously.
BUSINESS SESSION
1. CONSIDERATION OF FISCAL YEAR 1998199 PRELIMINARY BUDGET.
MOTION It was moved by Board Members Sniff/Pena to adopt the Fiscal year
1 998/99 Preliminary Budget as ar*ended and direct staff to prepare a Fiscal
Year 1 998/99 Final Budget for July 7, 1998, Redevelopment Agency meeting.
Motion carried unanimously.
CONSENT CALENDAR
1. APPROVAL OF DEMAND REGISTER DATED JUNE%IE 16, 1998.
2. TRANSMITTAL OF TREASURER'S REPORT, DATED APRIL 30, 1998.
3. ADOPTION OF RESOLUTION APPROVING THE INVESTMENT POLICY FOR
FISCAL YEAR 1998199.
MOTION It was moved by Board Members Sniff/Henderson to approve the
Consent Calendar as recommended with Item No. 3 being approved by
RESOLUTION NO.98-03. Motion carried unanimously.
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STUDY SESSION None
DEPARTMENT REPORTS
1. TRANSMITTAL OF REVENUE AND EXPENDITURES REPORT, DATED
APRIL 30, 1998.
MOTION It was moved by Board Members Sniff/Henderson to receive and file
the Revenue and Expenditures Report, dated April 30, 1998. Motion carried
unanimously.
CHAIR AND BOARD MEMBERS' ITEMS None
PUBLIC HEARINGS
JOINT PUBLIC HEARING WITH THE LA QUINTA CITY COUNCIL
1. AFFORDABLE HOUSING AGREEMENT BY AND BETWEEN THE LA QUINTA
REDEVELOPMENT AGENCY AND CATELLUS RESIDENTIAL GROUP FOR AN 86
SINGLE-FAMILY RESIDENTIAL-LOT SUBDIVISION AND 118 SENIOR
APARTMENTS WITH RECREATIONAL AMENITIES ON APPROXIMATELY 40
ACRES LOCATED AT THE NORTHWEST CORNER OF JEFFERSON STREET AND
AVENUE 48.
MOTION It was moved by Bdard Members Sniff/Henderson to continue the
matter of the Affordable Housing Agreement related to Catellus Residential
Group to August 4, 1 998. Motion carried unanimously.
The Agency recessed to Closed Session.
CLOSED SESSION
1. Conference with Agency's real property negotiator pursuant to Government
Code Section 54956.8 concerning potential terms and conditions of acquisition
and/or disposition of real property located at the northeast corner of Avenue 48
and Adams Street. Property Owner Agent: Harold Lynch.
2. Conference with Agency's real property negotiator pursuant to Government
Code Section 54956.8 concerning the potential terms and conditions of
acquisition and/or disposition of real property located at the southeast corner of
Miles Avenue and Washington Street. Property Owner/Negotiator: Jerry Koko.
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The Agency reconvened with no decision being made which requires reporting
pursuant to Section 54957.1 of the Government Code Brown Act).
There being no further business, the meeting was adjourned.
Res ctfully submitted,
AUNDRA L. jiLi-Secretary
La Quinta Redevelopment Agency
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