HomeMy WebLinkAbout17235 - RESOLUTIONS - 9/4/1990 RESOLUTION NO. 17235
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA, GRANTING TO SENCA PALM SPRINGS, INC. AN
EXCLUSIVE RIGHT TO ACQUIRE CITY OWNED OR REDEVELOPMENT
AGENCY OWNED PROPERTY LOCATED IN OR NEAR THE VISION
PROJECT AREA FOR A PERIOD OF 180 DAYS, TO NEGOTIATE
WITH O'DONNELL GOLF CLUB FOR THE INCLUSION OF ITS
GOLF COURSE LAND INTO THE VISION AND TO DIRECT STAFF
TO BEGIN NEGOTIATIONS WITH RIVERSIDE COUNTY FLOOD
CONTROL DISTRICT.
WHEREAS The City of Palm Springs is committed to the revitalization
of the downtown and related areas, and
WHEREAS The City of Palm Springs has solicited competitive proposals
from development teams to serve as Master Developer for the revitalization
project, and
WHEREAS The City of Palm Springs in its request for proposals has agreed
to utilize its best efforts to assist the selected development team
to acquire the appropriate acreage necessary for the development projects,
and
WHEREAS The City of Palm Springs has selected the Vision Palm Springs
Consortium, and its Managing Venturer SENCA Real Estate Development
Company, d.b.a. SENCA Palm Springs II , Inc. ("SENCA"), as Master ,
Developer for the Downtown Core, and
WHEREAS the Pre-development Cooperation Agreement, approved May 16,
1990 by City Council Resolution No. 17124, restated and confirmed the
City's intent to assist the Developer in land assembly to acquire the
appropriate acreage for the Project.,
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm
Springs that:
SECTION I. The City hereby grants to SENCA, subject to procedural
requirements established by law, an exclusive right for
a period of one hundred eighty (180) days to acquire or
otherwise reserve at fair market value, or the City's
cost basis if higher, all available city-owned and/or
city-controlled property including Redevelopment Agency
owned or controlled property within or contiguous to the
Downtown Core, including Section 9 T4S R4E, (Tachevah
Debris Basin) which property may be determined to be
necessary to implement the Vision Plan and which includes
property of the City of Palm Springs, the Community
Redevelopment Agency and the City of Palm Springs Public
Facilities Corporation.
No property transactions shall be completed prior to
demonstration of the overall feasibility of the Vision
Plan for the revitalization of the downtown. This includes
approved land use entitlements and financial commitments.
SECTION II. In furtherance of its downtown revitalization objective,
the City agrees to commence negotiations relative to the
future acquisition of the O'Donnell leasehold estate which
now encumbers 41..02 acres of city-owned land, and hereby
designates SENCA as its exclusive agent in these
negotiations.
The City Council reserves the right to approve any o� L/
negotiated settlement with O'Donnell Golf Club.
SECTION III. The City agrees to commence negotiations in conjunction
with SENCA immediately with the Riverside County Flood
Control and Water Conservation District ("District") to
lease the approximate 135.41 acre Tachevah Debris Basin
area for golf course, housing and related uses. Following
execution of a lease with the District, the City will
sublease that acreage to SENCA.
SECTION IV. All out-of-pocket costs associated with the abovementioned
acquisitions and negotiations such as appraisals, travel ,
phone calls, option costs, and the like with the exception
of City Staff efforts, shall be borne solely by SENCA
unless expressly approved by the City Council .
ADOPTED this 4th day of September 1990.
AYES: Councilmembers Broich, Murawski , Neel and Mayor Bono
NOES: None
ABSENT: Councilmember Hodges
ATTEST: CITY OF PALM SPRINGS, CALIFORNIA
C /.
City Clerk Acting City Manager
REVIEWED & APPROVED
4
RESOLUTION NO. 17236
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIAA, AMENDING THE BUDGET FOR
THE 1990-91 FISCAL YEAR.
WHEREAS Resolution 17193 , approving the budget for the fiscal year
1990-91, was adopted on July 11, 1990; and
WHEREAS the City Manager has :recommended, and the City Council
desires to approve, certain amendments to said budget;
NOW THEREFORE BE IT RESOLVED that the Director of Finance is
authorized to record inter--fund cash transfers as required in
accordance with this Resolution, and that Resolution 17193 adopting
the budget for the 1990-91 fiscal year is hereby amended as
follows:
SECTION 1. ADDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
No. 112 220 4503
Title:
Community Visitor Center Site Improvements $308, 413 . 00
Promotions
Purpose:
SECTION 2 . SOURCE
FUND ACTIVITY ACCOUNT AMOUNT
No. ill 347
Title:
General Fund Reserve for $308, 413 . 00
Capital Projects
Adopted this 4th day of September 1990
AYES: Coucnilmembers Broich, MUrawski , Mayor Bono
NOES: Councilmember Neel
ABSENT: Councilmember Hodges
ATTEST: CITY OF PALM SPRINGS, CALIFORNIA
-C-ity Clerk ,= , City Manager
REVIEWED & APPROVED