1991 06 04 RDA Minutes[ LA QUINTA REDEVELOPMENT? AGENCY
MINUTES
JUNE 4, 1991
Regular meeting of the La Quinta Redevelopment Agency was called to
order, Chairman Pena presiding.
PRESENT: Mr. Bohnenberger, Mr. Rushworth, Mr. Sniff, Chairman Pena
ABSENT: Mrs. Franklin
MOTION It was moved by Mr. Bohnenberger/Mr. Sniff to excuse
Mrs. Franklin. Motion carried unanimously.
PUBLIC HEARING None
BUSINESS SESSION None
1. APPROVAL OF AGREEMENT WITH COACHELLA VALLEY HOUSING COALITION
To PROVIDE SELF-HELP HOUSING.
Mr. Rushworth excused himself from this Business Item due to
a conflict of interest.
Mr. Kiedrowski presented staff report and advised that Frank
Spevacek is available for questions.
FRANK SPEVACEK, Rosenow Spevacek Group, Inc., addressed
Council advising that the project is basically the same as
what was presented at a prior meeting with the exception of
the advance of $300,000 to the Coachella Valley Housing
Coalition to assist in developing and constructing the site.
This will be a loan that will roll over into a third trust
deed program for the homeowners themselves. As the units are
sold, proceeds from the sale will go into the third trust
deed. Second trust deed financing is being attempted through
the California Housing Finance Authority, but in the effort on
the State's side to get the budget balanced, the Governor has
stated that the CHFA needs to cut back their ability to
disburse funds for this purpose. The Coalition feels if they
can get their contract into the Housing Authority prior to the
November deadline, they would be able to qualify this project
for this purpose, if not they will come back to have funding
considered as outlined in the report.
In response to Council Member Bohnenberger, Mr. Kiedrowski
advised that the 20 lots have not been identified.
TED NEAL with the Coachella Valley Housing Coalition advised
that the Coalition is currently looking at 36 lots and within
the next 10 days should have another 50 to review.
Applications have been received from 38 families but it is not
known if they qualify. The homes will be started in groups of
10.
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In response to Mayor Pena, Mr. Neal advised that all of the
applications received so far have not been from the La Quinta
area.
Mayor Pena requested a list of the qualifications.
In response to Mayor Pena, Mr. Spevacek advised that the
$100,000 administrative costs are less that 25% of the total
costs. The total amount not including the potential second
trust deed program will be $450,000.
In response to Council Member Sniff, Mr. Kiedrowski advised
that other methods of low/mod income housing are being
reviewed.
RESOLUTION NO. RA91-6
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY APPROVING
AN AFFORDABLE HOUSING AGREEMENT?? BY AND BETWEEN THE LA QUINTA
REDEVELOPMENT AGENCY AND COACHELLA VALLEY HOUSING COALITION.
NOTION It was moved by Mr. Bohnenberger/Mr. Sniff that
Resolution No. RA91-6, Agreement with Coachella valley Housing
Coalition be approved and authorize the expenditure of
$755,000 from the Low/Mod Fund be approved. Motion carried by
the following vote:
AYES: Mr. Bohnenberger, Mr. Sniff and Chairman Pena
NOES: None
ABSENT: Mrs. Franklin
ABSTAIN: Mr. Rushworth
2. CONSIDERATION OF INDUCEMENT RESOLUTION FOR DESERT VILLA SENIOR
HOUSING PROJECT.
Moved to Business Item No. 8, City Council Agenda.
CONSENT CALENDAR
1. APPROVAL OF MINUTES OF NAY 21, 1991.
2. AUTHORIZATION FOR FINANCE DIRECTOR TO SIGN SUBORDINATIONS FOR
THE ASSESSMENT SUBSIDY PROGRAM.
NOTION It was moved by Mr. Sniff/Mr. Bohnenberger to approve
the Consent Calendar as submitted. Motion carried
unanimously.
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CLOSED SESSION
Discussion of Desert Villa Senior Housing Project Pursuant to
Government Code Section 54956.8. Discussion of potential
litigation SB 2557 Pursuant to Government Code Section
54956.9(a).
There being no further business, the meeting was adjourned.
Re ectfully submitted,
SAUNDRAL. JUHOLA, Secretary
La Quinta Redevelopment Agency
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