HomeMy WebLinkAbout20584 - RESOLUTIONS - 4/16/2003 RESOLUTION NO. 205134 '
OF THE CITY OF PALM SPRINGS, CALIFORNIA
ESTABLISHING THE RETAIL DEVELOPMENT
ATTRACTION AREA IN THE AREA GENERALLY
SURROUNDING THE INTERSECTION OF RAMON
ROAD AND GENE AUTRY TRAIL AND EAST PALM
CANYON DRIVE AND GENE AUTRY TRAIL
WHEREAS, attracting businesses to the City and encouraging existing retail, manufacturing and
commercial businesses to undertake expansion that results in a significant economic benefit to
the City provides a community benefit; and
WHEREAS, the development of commercial activity within the community, for residents of all
income levels, is an objective of the City and is reinforced by the State policies; and
WHEREAS, it is in the public interest and consistent with the City charter to develop or access
economic incentive programs that diminish the disincentive caused by the cost of developing or
replacing infrastructure, as well as the direct cost of development; and
WHEREAS, such economic development programs serve a public purpose and provide for the '
general welfare of the community by securing a diverse economic base for the City; and
NOW THEREFORE BE IT RESOLVED by the City Council of'the City of Palm Springs, that the
Retail Development Attraction Program is adopted, and that the Council further finds:
Section 1. The City contains abundant undeveloped land for retail and commercial purposes
which,for economic or other reasons, has remained undeveloped,with numerous
development applications within the Retail Development Attraction Area approved
but not developed; and
Section 3. Additional commercial development in the area could improve the economic
conditions throughoutthe City by creating additional property tax increment,aswell
as potential sales tax revenue; and
Section 4. A balance of commercial and retail development is essential for the continued
success of the Retail Development Attraction Area and the entire City; and
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' Section 5. The creation of such a Retail Development Attraction Area shall be of benefit to
property owners, business owners, and residents in the area.
ADOPTED this 16th day of April 2003
AYES: Members Mills, Oden, and Mayor Kleindienst
NOES: None
ABSTAIN: None
ABSENT: Members Hodges)and Reller-Spurgin
ATTE9T:� CITY OF PALM SPRINGS, CAWF-ORNIA
City Clerk City Maw
REVIEWED AND APPROVED AS TO FORM: