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CC AGD 20090605 SPCk2! 'NHO PALOS VERDES AGENDA RANCHO PALOS VERDES CITY COUNCIL SPECIAL MEETING JUNE 5, 2009 PT. VICENTE INTERPRETIVE CENTER 31501 PALOS VERDES DRIVE WEST REMOTE SITE: 3115 Martingale Drive Rancho Palos Verdes, California 90275 Time Estimates: The time noted next to an agenda item is only an estimate of the amount of time that will be spent during the meeting on that particular item. Accordingly, these estimates should not be relied on in determining when a matter will be heard, especially since agenda items are often re- ordered during a meeting and may be discussed at any time. 3:00 P.M. REGULAR SESSION (10 mins) CALL TO ORDER: ROLL CALL: FLAG SALUTE: APPROVAL OF AGENDA: NEXT RESOL. NO. 2009 -36 NEXT ORDINANCE NO. 490 PUBLIC COMMENTS: (This section of the agenda is for audience comments for items NOT on the agenda.) NEW BUSINESS: (5 mins) APPROVAL OF CONSENT CALENDAR: 1. Motion to Waive Full Reading Recommendation: Adopt a motion to waive reading in full of all ordinances presented at this meeting with consent of the waiver of reading deemed to be 30940 Hawthorne Boulevard / Rancho Palos Verdes, CA 90275 -5391 / (310) 544 -5208 / Fax (310) 544 -5291 www.palosverdes.com/rpv given by all Council Members after the reading of the title. REGULAR NEW BUSINESS: (so miss) 2. Terranea Resort — Request for Financial Assistance Using Future Transient Occupancy Tax (TOT) Revenue (McLean) Recommendation: 1) Receive Staff's summary of the information that has been provided by Hospitality Valuation Services, including information regarding the hospitality market in light of the current economic conditions and forecasts; 2) Introduce the proposed Ordinance that would be distributed as Late Correspondence, if not as a part of the Agenda packet; and, 3) Approve the attached covenant agreement between Long Point Development, LLC and the City. ADJOURNMENT: Adjourn to a time and place certain only if you wish to meet prior to the next regular meeting. American with Disabilities Act: In compliance with the Americans with Disabilities Act of 1990, if you require a disability - related modification or accommodation to attend or participate in this meeting, including auxiliary aids or services, please call the City Clerk's Office at 310 544 -5208 at least 48 hours prior to the meeting. NOTE: Staff reports are available for inspection at City Hall, 30940 Hawthorne Boulevard during regular business hours, 7:30 A.M. to 5:30 P.M. Monday— Thursday and 7:30 A.M. to 4:30 P.M. on Friday. The agenda and staff reports can also be viewed at Hesse Community Park, 29301 Hawthorne Boulevard during regular business hours: Monday — Friday from 9:00 A.M. until dusk; Saturday and Sunday from 10:00 A.M. until dusk. Written materials, including emails, submitted to the City are public records and may be posted on the City's website. In addition, City meetings may be televised and may be accessed through the City's website. Accordingly, you may wish to omit personal information from your oral presentation or written materials as it may become part of the public record regarding an agendized item. Materials related to an item on this Agenda submitted to the City Council after distribution of the agenda packet are available for public inspection at the front counter of the lobby of the City Hall Administration Building at 30940 Hawthorne Boulevard, Rancho Palos Verdes during normal business hours. You can also view the agenda and staff reports at the City's website www.palosverdes.com /RPV. W: \2009 CITY COUNCIL AGENDAS \20090605 CC AGENDA SPEC MTG.doc City Council Agenda Special Meeting June 5, 2009 Page 2 of 2