HomeMy WebLinkAbout10/4/2006 - STAFF REPORTS - RA.1.CITY OF PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY, SEPTEMBER 20, 2006
CITY COUNCIL CHAMBER
CALL TO ORDER: Chair Oden called the meeting to order at 9:20 P.M
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.
PUBLIC HEARINGS:
'LE. JOINT PUBLIC HEARING WITH THE CITY OF PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY TO CONSIDER AMENDMENT NO. 1 TO A
DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE
HIGHLANDS PALM SPRINGS VENTURE AND THE COMMUNITY
REDEVELOPMENT AGENCY ADJUSTING THE ALLOWED MODERATE
INCOME SALES PRICE:
John Raymond, Director of Community and Economic Development, provided
background information as outlined in the staff report dated September 20, 2006.
Chair Oden opened the public hearing, and no speakers coming forward the
public hearing was closed.
ACTION: 1) Adopt Resolution No. 1308, "A RESOLUTION OF THE PALM
SPRINGS COMMUNITY REDEVELOPMENT AGENCY APPROVING
AMENDMENT NO. 1 TO A DISPOSITION AND DEVELOPMENT AGREEMENT
(DDA) WITH HIGHLANDS PALM SPRINGS VENTURE, A NEVADA LIMITED
LIABILITY COMPANY, ADJUSTING THE ALLOWED MODERATE INCOME
SALES PRICE BASED ON THE MARCH, 2006, HUD INCOME GUIDELINES
AND ADJUSTING THE TERMS OF THE AGENCY BUYER ASSISTANCE NOT
TO ALLOW AMORTIZATIONS OVER A FIVE (5) YEAR PERIOD FOR FOUR (4)
SINGLE FAMILY INFILL HOMES FOR MODERATE INCOME HOUSEHOLDS IN
THE DESERT HIGHLAND GATEWAY AREA OF MERGED PROJECT AREA
NO. 1;" and 2) Authorize the Executive Director to execute all documents related
to the Agreement. A0494C. Motion Vice -Chair Foat, seconded by Agency
Member Mills and unanimously carried on a roll call vote.
Agency Member Pougnet left the dais.
ITEM NO. K AI
City of Palm Springs
Community Redevelopment Agency
September 20, 2006 Minutes
Page 2
CONSENT CALENDAR:
ACTION; Approve Items RA1. and RA2. Motion Vice -Chair Foat, seconded by
Agency Member Mills and unanimously carried 4-0 on a roll call vote.
AYES: Agency Member McCulloch, Agency Member Mills, Vice -Chair Foat, and
Chair Oden.
NOES: None.
ABSENT: Agency Member Pougnet.
RA1. APPROVAL OF MINUTES:
ACTION: Approve the Minutes of September 6, 2006. Approved as part of the
Consent Calendar,
RA2. APPROVAL OF AN EXCLUSIVE AGREEMENT TO NEGOTIATE WITH
RICHARD GROMAN AND STANTON GROMAN FOR TWO PARCELS
TOTALING APPROXIMATELY 1.75 ACRES AT THE SOUTHWEST CORNER
OF NORTH PALM CANYON DRIVE AND STEVENS ROAD:
ACTION: 1) Adopt Resolution No. 1309, "A RESOLUTION OF THE
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING AN EXCLUSIVE AGREEMENT TO
NEGOTIATE WITH RICHARD GROMAN AND STANTON GROMAN OF
BEVERLY HILLS, CALIFORNIA, FOR A PERIOD OF NINE (9) MONTHS, FOR
TWO PARCELS TOTALING APPROXIMATELY 1.75 ACRES AT THE
SOUTHWEST CORNER OF NORTH PALM CANYON DRIVE AND STEVENS
ROAD FOR THE PURPOSE OF DEVELOPING A MIXED USE PROJECT
MERGED AREA NO. 1;" and 2) Authorize the Executive Director to execute all
necessary documents. A0506C. Approved as part of the Consent Calendar.
,ADJOURNMENT: The Community Redevelopment Agency adjourned at 9:31 P.M.
APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY THIS DAY OF , 2006.
[N1T.Ml
ATTEST:
Assistant Secretary