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CC Resolution 2002-063 RESOLUTION NO. 2002-63 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA ASSIGNING RETAIL VALUE OF CERTAIN CITY ECONOMIC DEVELOPMENT ITEMS WHEREAS, as part of the City's economic development efforts, the City purchases customized economic development items that currently include pens, sandstone coasters, leather coasters, mini-highlighters, golf balls, and Gamby stuffed animals; and WHEREAS, these items are distributed at trade events to promote the City; and WHEREAS, the City receives requests to purchase these items for purposes other than economic development; and WHEREAS, it is in the best interest of the City to establish a sales price for the above-listed items. NOW, THEREFORE, the City Council of the City of La Quinta does hereby RESOLVE as follows: 1. The City of La Quinta hereby establishes the retail sales price for a set of five (5) promotional pens at $11.00 ($2.50 each). 2. The City of La Quinta hereby establishes the retail sales price for a set of four (4) sandstone coasters at $12.00 (93.00 each). 3. The City of La Quinta hereby establishes the retail sales price for a set of four (4)leather coasters at 94.00 (91.00 each). 4. The City of La Quinta hereby establishes the retail sales price for a set of ten (10) mini-highlighters at 98.00 ($1.00 each). 5. The City of La Quinta hereby establishes the retail sales price for a box of 2 golf balls at $5.00. 6. The City of La Quinta hereby establishes the retail sales price for one Gamby stuffed animal at 97.50. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council this 7th day of May, 2002, by the following vote: Resolution No. 2002-63 City Economic Development Items Adopted: May 7, 2002 Page 2 AYES' Council Members Adolph, Henderson, Perkins, Sniff, Mayor Pe~a NOES: None ABSENT: None ABSTAIN: None JOHN j~~A, ~ ~~_ City of L~Quinta, Cali "Ornia ATTEST: J~'~. GREEK, CMC, C~ty Clerk City of La Quinta, California (City Seal) APPROVED AS TO FORM' M. KATHERINE JENSON, City Attorney City of La Quinta, California