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HomeMy WebLinkAbout18445 - RESOLUTIONS - 7/27/1994 RESOLUTION NO. 18445 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445 RELATING TO PAYMENT OF ALL OR PART OF A LIEN AND COVENANT RELATING TO CERTAIN LAND WITHIN CERTAIN PROJECT AREAS WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ( "Agency" ) adopted the Redevelopment Plan for the Central Business District Project ( "Central Business District") on July 27, 1973, pursuant to Ordinance No. 952 (the "Central Business District Plan" ) ; and WHEREAS, the Agency adopted the Redevelopment Plan for the North Palm Canyon Project on October 19, 1984, pursuant to Ordinance No. 1227 (the "North Palm Canyon Plan" ) ; and WHEREAS, the Agency adopted the Redevelopment Plan for the South Palm Canyon Project on November 30, 1983 , pursuant to Ordinance No. 1203 (the "South Palm Canyon Plan") ; and WHEREAS, the Agency adopted the Redevelopment Plan for the Baristo- Farrell Project on June 6, 1986, pursuant to Ordinance No. 1264 (the "Baristo-Farrell Plan") ; and WHEREAS, the Agency adopted the Redevelopment Plan for the Ramon- Bogie Project on November 30, 1983 , pursuant to Ordinance No . 1202 (the "Ramon-Bogie Plan" ) ; and ' WHEREAS, the Agency adopted the Redevelopment Plan for Redevelopment Project No. 9 on December 21, 1988 pursuant to Resolution No. 583 (the "Project No. 9 Plan" ) ; and WHEREAS, the Agency adopted the Redevelopment Plan for the Tahquitz-Andreas Project on August 26, 1983 pursuant to Resolution No. 145 (the "Tahquitz-Andreas Plan" ) ; (collectively the "Project Areas") ; and WHEREAS, the Agency and/or the City of Palm Springs (the "City") has acquired, or will acquire, certain land (the "Land") and has constructed, or will construct, certain buildings, facilities, structures, and other improvements (collectively "Improvements" ) within the Project Areas described above which are, or will become, publicly-owned within the meaning of Health & Safety Code Section 3345 (the "Statute") ; WHEREAS, the Members of the City Council ( "Council Members") have determined that certain publicly-owned Improvements within the meaning of the Statute, .located within one Project Area are of benefit to certain Project Areas other than the Project Area in which the Land and/or Improvements are physically located; and WHEREAS, the Council Members have determined that absent the ' payment of certain project costs by project areas which receive benefit from the land and/or improvements, but in which the Land and/or Improvements are not physically located, no other reasonable means of financing such Land and/or Improvements are available to the community; and WHEREAS, all of the findings and determinations made herein were based upon careful consideration and analysis of all relevant and available evidence. NOW, THEREFORE, the City Council does hereby resolve and determine as follows : NS21124\014084-0(KW2106796.1 07/29/94 ], R18445 Page 2 Section 1 . The renovation, rehabilitation,, expansion and operation of the Palm Springs Convention Center, and the acquisition of land relating thereto, which constitutes a publicly- owned building, facility, structure or improvement within the meaning of the Statute physically located within the Tahquitz Andreas Project, is of benefit to the Ramon-Bogie Project and the Baristo-Farrell Project, and the immediate neighborhoods in which said project areas are located, in that the Palm Springs Convention , Center by attracting patrons into said projects and the immediate neighborhoods in which said projects are located, (i) enhances the revitalization of the city' s retail and commercial areas located within the above-described projects; (ii) increases employment within the above-described projects ; (iii) generates extra tax revenues for the use of the Agency within the above-described projects ; (iv) enhances the marketability of commercial and retail property within the above-described projects ; (v) actively promotes and encourages tourism and other economic activities which contribute to the value of the property within the above-described project; (vi) contributes to the elimination of blight: in the above-described projects . Section 2 . Based upon the benefit findings contained in Section 1 above, the Agency is hereby authorized to pay certain amounts pursuant to the Schedule, in the amounts, and from the project areas indicated below: Purpose Ramon Bogle B a r i s t o -„ Total Farrell Release of $751, 000 $150, 000 $901, 000 Liens on P r a i r i Schooner r , Parcel Section 3 . The expenditure: by the Agency relate, pertain to, among other things, the Land and Improvements generally described in Section 1 and 2 above, and could not have been made but for the advance of said funds by the Agency. Through, adoption of this Resolution, the Agency Members specifically determine and find that no other reasonable means of financing such Land and Improvements were or are available to the community except as provided herein. Section 4 . This Resolution shall take effect: from and after the date of its passage and adoption. Adopted this 27 day of July , 19 94. AYES : Members Kleindienst, Lyons, Reller-Spurgin and Mayor Maryanov NOES : Member Hodges ABSENT: None CITY HE CITY OF PALM SP INGS, CAI.,IFOR 6 ' B�� � J - '�City clerk i ia�gg!er REVIEWED AND APPROVED ��_ F92\124\014084-0001\2100196 1 07/29/94 2