1996 02 06 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY
MINUTES
february 6, 1996
Regular meeting of the La Quinta Redevelopment Agency was called to order by
Chairman Sniff.
PRESENT: Board Members Adolph, Bangerter, Henderson, Perkins, Chairman Sniff
ABSENT: None
CONFIRMATION OF AGENDA Confirmed
APPROVAL OF MINUTES
MOTION It was moved by Board Members Bangerter/Perkins to approve the Minutes
of January 16, 1996 as submitted. Motion carried unanimously.
PUBLIC COMMENT None
BUSINESS SESSION
1. STATEMENT OF PROPERTY OWNERSHIP BY BOARD MEMBERS ADOLPH AND
HENDERSON.
Council Member Adolph advised that he owns residential property located at
55-105 Riviera, La Quinta.
Council Member Henderson advised that she residential properties located at
54-711 Eisenhower Drive and 54-685 Eisenhower Drive.
2. CONSIDERATION OF AMENDMENT NO.1 TO TRUST AGREEMENT FOR THE
LA QUINTA FINANCING AUTHORITY, LOCAL AGENCY REVENUE BONDS
SERIES 1991 CITY HALL PROJECT).
MOTION- It was moved by Board Members Adolph/Bangerter to authorize our
bond trustee, First Trust, to contact bondholders of the 1991 City Hall Project
and request their approval of Amendment No. 1 to the Trust Agreement.
Motion carried unanimously.
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CONSENT CALENDAR
1. APPROVAL OF DEMAND REGISTER DATED FEBRUARY 6.1996.
2. APPROVAL OF AN EXPENDITURE OF UP TO $15,000 OF LOW-MOD HOUSING
FUNDS FOR THE PURCHASE OF TAX-DEFAULTED PROPERTY WITHIN THE
CITY OF LA QUINTA PROJECT AREA NO.1.
MOTION- It was moved by Board Members PerkinslAdolph that the Consent
Calendar be approved as recommended. Motion carried unanimously.
DEPARTMENT REPORTS None
CHAIR AND BOARD MEMBERS ITEMS None
PUBLIC HEARINGS None
Agency recessed to Closed Session.
CLOSED SESSION
1. Conference with real property negotiator pursuant to Government Code Section
54956.8 concerning an amendment to the Disposition and Development
Agreement with Williams Development Company that would affect the terms
of payment for the property located on Calle Tampico, west of Washington
Street. Property Owner Negotiator: Betty Williams
2. Conference with Agency real property negotiator pursuant to Government Code
Section 54956.8 concerning potential on and off-site improvement assistance
for property located at the southwest corner of Dune Palms Road and Highway
111. Property Owner Negotiator: Lee and Associates.
Agency Board reconvened with no decision being made which requires reporting
pursuant to Section 54957.1 of the Government Code Brown Act).
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There being no further business the meeting was adjourned.
R?pectfuIIy submttted
cretary
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