2013 06 04 SA MinutesSUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
MINUTES
TUESDAY, JUNE 4, 2013
A regular meeting of the La Quinta City Council in their capacity as Successor
Agency to the dissolved La Quinta Redevelopment Agency ( "SA ") was called to
order at 4:48 pm by Chairperson Adolph.
PRESENT: Agency Members Evans, Franklin, Henderson, Osborne, Chair Adolph
ABSENT: None.
PUBLIC COMMENT
CLOSED SESSION - None
CONFIRMATION OF AGENDA - Confirmed
PRESENTATIONS — None
WRITTEN COMMUNICATIONS - None
APPROVAL OF MINUTES
MOTION — A motion was made and seconded by Agency Members Evans /Franklin
to approve the minutes of May 21, 2013 as submitted. Motion passed
unanimously.
CONSENT CALENDAR
1. DEMAND REGISTER DATED JUNE 4, 2013
MOTION — A motion was made and seconded by Agency Members Franklin /Evans
to approve the Consent Calendar as recommended. Motion passed unanimously.
DEPARTMENT REPORTS — None
CITY AS SUCCESSOR AGENCY TO RDA 1
JUNE 4, 2013
BUSINESS SESSION
1. RESOLUTION OF THE SUCCESSOR AGENCY TO THE FORMER LA QUINTA
REDEVELOPMENT AGENCY, AUTHORIZING THE ISSUANCE AND SALE OF
SUBORDINATE TAX ALLOCATION REFUNDING BONDS IN TWO SERIES,
APPROVING THE FORM OF AN INDENTURE OF TRUST, FIRST
SUPPLEMENTAL INDENTURE OF TRUST, OFFICIAL STATEMENT, BOND
PURCHASE CONTRACT, CONTINUING DISCLOSURE AGREEMENT, FORM
OF ESCROW AGREEMENT, AND RELATED DOCUMENTS AND
AUTHORIZING CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH
Executive Director Spevacek presented the staff report, which is on file in the
Agency Secretary's office.
MOTION — A motion was made and seconded by Agency Members Evans /Franklin
to adopt the above - mentioned Resolution No. SA 2013 -004.
STUDY SESSION — None
ADJOURNMENT
There being no further business, it was moved by Agency Members Franklin /Evans to
adjourn at 4:51 p.m. Motion passed unanimously.
Respectfully submitted,
SUSAN MAYSELS, gency Secretary
Successor Agency to the dissolved
La Quinta Redevelopment Agency
CITY AS SUCCESSOR AGENCY TO RDA 2
JUNE 4, 2013