HomeMy WebLinkAboutA2354A - PA8 RIVERSIDE COUNTY FLOOD COOPERATION AGR BARISTO FARRELL JI YI Y u
COOPERATION AGREEMENT-
1 BETWEEN THE RIVERSIDE COUNTY FLC Riverside Cnty Flood Control
& Water Conservation District
AND WATER CONSERVATION DIS1 for Baristo-Farrell , PA#8
2 THE CITY of PADS SPRING AGREEMENT #153
AND 3 D C
3 PALM SPRINGS REDEVELOPMENT ; Resolution 426, 5-7-86 0 �.
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4 THIS AGREEMENT is entered into on the day of m o
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5 , 1986, by and between the RIVERSIDE COUNTY FLOOD m
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6 CONTROL AND WATER CONSERVATION DISTRICT, a public agency
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7 ( "District" ) , and the PALM SPRINGS REDEVELOPMENT AGENCY, a public �
8 body ( "Agency" ) , and THE CITY OF PALM SPRINGS, a municipal
9 corporation ( "City" ) .
10 WHEREAS, City and Agency have adopted the Redevelopment Plan
11 for the Earisto-Farrell Redevelopment Project ( "Project" )
12 pursuant to the California Community Redevelopment Law (Health
13 and Safety Code Section 33000, at seq. ) ;
14 WHEREAS, District is an affected taxing entity which has
15 general purpose and special bonded indebtedness ad valorem
16 property taxes levied on its behalf by Riverside County' s
{ 17 Assessor on all of the property located in the proposed project
18 area in Fiscal Year 1985-86 ;
19 WHEREAS, District has submitted to the Agency objections
20 regarding the detrimental financial impact the Project will have
j21 on the District;
22 WHEREAS, City and Agency have found and determined that there
23 is substantial evidence to support their finding of detrimental
24 financial impact for the District and it would be appropriate to
25 alleviate any financial burden or detriment caused to District by
26 the Project by authorizing payment to District of certair_ monies;
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