HomeMy WebLinkAbout19497 - RESOLUTIONS - 4/7/1999 RESOLUTION NO. 19497
OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, MAKING A
' FINDING PURSUANT TO SECTION 33421.1 OF
THE CALIFORNIA HEALTH & SAFETY CODE
RELATING TO AN OWNER'S PARTICIPATION
AGREEMENT OF THE PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY TO
EFFECTUATE THE CONSTRUCTION OF A
HOTEL/CONDOMINIUM RESORT AT
CHUCKWALLA ROAD AND INDIAN CANYON
WAY IN THE NORTH PALM CANYON
REDEVELOPMENT PROJECT AREA
- - - - - - - - - - - - - -
WHEREAS the City Council of the City of Palm Springs, California adopted Ordinance 1227,
adopting the Redevelopment Plan for the North Palm Canyon Project Area effective October 19, 1984
for the purposes of (1) elimination of environmental deficiencies in the area, including obsolete or
aged buildings or substandard or irregular lots, (2) redesign and development of undeveloped areas,
(3) strengthening of retail and other commercial uses in the area, and (4)establishing criteria to ensure
high quality design and development in the area; and
WHEREAS, Developer proceeded with the Project and began construction on March 15, 1999, but
' during construction certain public improvement costs became excessive and Developer requested that
the Agency fund these expenses to be reimbursed from tax increment and in exchange agreed to
forego reimbursement for certain legal costs; and
WHEREAS the California Health & Safety Code Section 33421.1 requires that the legislative body
make a finding that the provision of public improvements such as streets, sidewalks, utilities, or other
public improvements which an owner or operator of the site would otherwise be obliged to provide is
necessary to effectuate the purposes of the Redevelopment Plan.
NOW THEREFORE, it is hereby resolved that the City of Palm Springs, California, does hereby give
its consent and find that the provision of such improvements, including the financing of the installation
of public improvements with tax increment funds, as provided in the OPA, are necessary to effectuate
the purposes of the Redevelopment Plan.
ADOPTED this 7th day of April 1999.
AYES: Members Barnes, Oder, Reller-Spurgin and Mayor Kleindienst
NOES: None
ABSENT: Member Hodges
' ATTEST: C Y OF PALMS S, CALIFORNIA
.O
By
City Clerk City Manager
REVIEWED AND APPROVED: ��