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HomeMy WebLinkAbout9/20/2006 - STAFF REPORTS - RA.1. CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY MINUTES WEDNESDAY, SEPTEMBER 6, 2006 CITY COUNCIL CHAMBER CALL TO ORDER: Chair Oden called the meeting to order at 11:05 P.M. ROLL CALL: PRESENT: Agency Member Mills, Agency Member McCulloch, Agency Member Pougnet, Vice Chair Foat and Chair Oden. ABSENT: None. ALSO PRESENT: Executive Director Ready, Agency Attorney Holland, Assistant Secretary Thompson. PUBLIC COMMENT: None. CONSENT CALENDAR: Vice-Chair Foat and Chair Oden noted their abstention on Item RA1. ACTION: Approve Items RA1., RA2., and RA3. Motion Agency Member Pougnet, seconded by Agency Member McCulloch and unanimously carried on a roll call vote. RA1. APPROVAL OF MINUTES: ACTION: Approve the Minutes of the July 5, 2006. Approved as part of the Consent Calendar, noting the abstention of Vice-Chair Foat and Chair Oden. RA2. AMENDMENT NO. 3 TO AN OWNER PARTICIPATION AGREEMENT WITH PACIFIC HOSPITALITY GROUP ESTABLISHING THE TERMINATION DATE AS DECEMBER 31, 2006: ACTION: 1) Adopt Resolution No. 1305, "A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AMENDMENT NO. 3 TO AN OWNER PARTICIPATION AGREEMENT WITH PACIFIC HOSPITALITY GROUP ESTABLISHING THE TERMINATION DATE AS DECEMBER 31, 2006;" and 2) Adopt Resolution No. 1306, "A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET IN THE AMOUNT OF $180,000." A0255C. Approved as part of the Consent Calendar.. RA3. AMENDMENT NO. 1 TO AN EXCLUSIVE AGREEMENT TO NEGOTIATE WITH NEXUS DEVELOPMENT CORPORATION FOR THE PURPOSE OF DEVELOPING A HARD ROCK HOTEL TO EXTEND THE TERM OF THE, AGREEMENT TO DECEMBER 31, 2007: ACTION: Adopt Resolution No. 1307, "A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, ITEM NO. L� City of Palm Springs Community Redevelopment Agency September 6, 2006 Minutes Page 2 CALIFORNIA, APPROVING AMENDMENT N0. 1 TO AN EXCLUSIVE AGREEMENT TO NEGOTIATE WITH NEXUS DEVELOPMENT CORPORATION FOR A 5.7 ACRE AGENCY OWNED PARCEL AT THE SOUTHEAST CORNER OF CALLE EL SEGUNDO AND ANDREAS ROAD, MERGED REDEVELOPMENT PROJECT AREA #2, FOR THE DEVELOPMENT OF A HARD ROCK HOTEL, EXTENDING THE TERM TO DECEMBER 31, 2007;" and 2) Authorize the City Manager to execute the agreement in a form acceptable to the City Attorney. A0500C. Approved as part of the Consent Calendar. ADJOURNMENT: The Community Redevelopment Agency adjourned at 11:07 P.M. APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY THIS loth DAY OF SEPTEMBER, 2006. Chair ATTEST: Assistant Secretary