RDA Resolution 1998-05d_ RESOLUTION NO. RA 98-05
A RESOLUTION OF THE REDEVELOPMENT AGENCY
BOARD OF THE CITY OF LA QUINTA, CALIFORNIA
AUTHORIZING SETTLEMENT AUTHORITY TO THE
EXECUTIVE DIRECTOR FOR THE CASE LA QUINTA
REDEVELOPMENT AGENCY ET AL VERSUS REVCO CASE
NO. CV92-7626RJK
WHEREAS, the Redevelopment Agency of the City of La Quinta,California
and Revco are interested in negotiating a settlement to the case La Quinta et al V.
Revco Case No. CV92-7626RJK; and
WHEREAS, it is determined by the Board to be in the best interest of the
Redevelopment Agency to expedite the approval of a settlement within the
authorization amount given to the Executive Director without the necessity of returning
to the Board.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
LA QUINTA DOES HEREBY RESOLVE AS FOLLOWS:
1. The Executive Director Thomas P. Genovese is authorized
to execute on behalf of the Redevelopment Agency a
settlement agreement between Revco and the City of La
Quinta Redevelopment Agency for Case No. CV92-
7626RJK within a preauthorized amount and approved as
to form by special litigation counsel and the Agency
Attorney.
The foregoing Resolution was approved and adopted at a meeting of the
Redevelopment Agency held on this 20th day of July, 1 998 by the following vote:
AYES: Members Adolph, Henderson, Pena, Sniff, Chairman Perkins
NOES: None
ABSENT: None
ABSTAIN: None
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d_ Resolution No. RA 98-05
Adopted: 7120/98
Page 2
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RON PERKINS, Chairman
La Quinta Redevelopment Agency
ATTEST:
#/Th/
/1
SAUNDRA L JUHOL?, Secretary
La Quinta Redevelopment Agency
APPROVED AS TO FORM:
DAWN C. HONEYWELL, 1Attorney
La Quinta Redevelopment Agency
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ADMIN-U01
RDARES-U02
98-U02
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