HomeMy WebLinkAbout5/8/2014 - RESOLUTIONS - 024 RESOLUTION NO. 024
A RESOLUTION OF THE OVERSIGHT BOARD FOR THE
SUCCESSOR AGENCY, TO THE PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY, APPROVING
THE SALE OF THE PRAIRIE SCHOONER PARKING LOT
(PROPERTY 3, APN 508-055-007, 508-055-008, and
508-055-009) TO THE CITY OF PALM SPRINGS,
PURSUANT TO THE APPROVED LONG-RANGE
PROPERTY MANAGEMENT PLAN.
WHEREAS, the Community Redevelopment Agency of the City of Palm Springs
("Redevelopment Agency") was a redevelopment agency in the City of Palm Springs
("City"), duly created pursuant to the California Community Redevelopment Law (Part 1
(commencing with Section 33000) of Division 24 of the California Health and Safety
Code) ("Redevelopment Law"); and
WHEREAS, the Community Redevelopment Agency was responsible for the
administration of redevelopment activities within the City; and
WHEREAS, AB X1 26 and AB X1 27 were signed by the Governor of California
on June 28, 2011, making certain changes to the Redevelopment Law, including adding
Part 1.8 (commencing with Section 34161) and Part 1.85 (commencing with Section
34170) ("Part 1.85") to Division 24 of the California Health and Safety Code which
effectively dissolves the Redevelopment Agency ("Dissolution Act"); and
WHEREAS, under the Dissolution Act, the term "successor agency" was defined
to refer to the dissolved redevelopment agency's sponsoring community (the city,
county or city and county that formed the Dissolved RDA), unless the sponsoring
community adopted a resolution electing not to serve in that capacity; and
WHEREAS, pursuant to Health and Safety Code section 34191.5 (part of AB
1484), each successor agency that holds property from a former redevelopment agency
is required to submit a PMP to the State Department of Finance ("DOF") within six
months after receiving a "Finding of Completion" from DOF. Prior to the submittal of the
PMP to DOF, the successor agency's oversight board must approve the PMP; and
WHEREAS, pursuant to Health & Safety Code Section 34191.5(b), successor
agencies are required to send long-range property management plans to the oversight
board and DOF no later than six months following the issuance of the finding of
completion; and
WHEREAS, the Successor Agency requested that DOF issue a finding of
completion on December 16, 2013; and
Resolution No. 024
Page 2
WHEREAS, the DOF issued a finding of completion to the Agency on
January 2, 2014; and
WHEREAS, the Successor Agency prepared a Long Range Property
Management Plan in accordance with the provisions of Section 34191.3 of the
Dissolution Act, indicating the intended disposition and use of the real property assets of
the former Redevelopment Agency; and
WHEREAS, pursuant to Health & Safety Code Section 34191.5(b), the Long-
Range Property Management Plan was approved by the Oversight Board on
December 16, 2013 and by the California Department of Finance in March, 2014; and
WHEREAS, the Long-Range Property Management Plan indicated that all twelve
(12) of the Agency-held properties were to be sold, and that the City of Palm Springs
was the likely buyer for a number of the properties, particularly parking lots; and
WHEREAS, the City desires to purchase the Prairie Schooner Parking Lot (APNs
508-055-007, 508-055-008, and 508-055-009) from the Successor Agency at the
property value prepared by the Successor Agency's independent consultant and
contained in the Long-Range Property Management Plan in the amount of One Million
Four Hundred Two Thousand, Six Hundred Thirty Two Dollars ($1,402,632).
NOW, THEREFORE, BE IT RESOLVED BY THE OVERSIGHT BOARD FOR
THE SUCCESSOR AGENCY OF THE COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF PALM SPRINGS AS FOLLOWS:
SECTION 1. The Oversight Board hereby finds and determines that the
foregoing recitals are true and correct, and incorporates them herein by reference.
SECTION 2. The Oversight Board approves the sale of the Prairie Schooner
Parking Lot (APNs 508-055-007, 508-055-008, and 508-055-009) to the City of Palm
Springs Plan in the amount of One Million Four Hundred Two Thousand, Six Hundred
Thirty Two Dollars ($1,402,632), pursuant to the approved Long-Range Property
Management Plan.
SECTION 3. At such time as the Successor Agency receives proceeds from the
sale of any property as identified in the long-range property management plan, the
Successor Agency shall comply with applicable statutes regarding the distribution of
these proceeds to the County Auditor Controller for dissemination to the affected taxing
agencies.
SECTION 4. This Resolution shall take effect three (3) business days after
adoption.
Resolution No. 024
Page 3
PASSED, APPROVED AND ADOPTED BY THE OVERSIGHT BOARD FOR
THE SUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS THIS 8TH DAY OF
MAY, 2014.
THOMAS FLAVI , CHAIRMAN
ATTEST:
JAMES THOMPSON, CLERK/SECRETARY
Resolution No. 024
Page 4
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Secretary of the Oversight Board of the Successor
Agency of the Palm Springs Community Redevelopment Agency hereby certify that
Resolution No. 024 was adopted by the Oversight Board at a Special Meeting held on
the 8TH day of May, 2014, by the following vote:
AYES: Board Members Arthur, Marshall, Ready, Van Hom, and Chairman Flavin.
NOES: None.
ABSENT: Board Member Foat and Vice Chair Howell.
ABSTAIN: None.
MESTHOMPSON
OVERSIGHT CLERK/SECRETARY
City of Palm Springs, California