HomeMy WebLinkAbout4/4/2007 - STAFF REPORTS - RA.2. CITY OF PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY, MARCH 7, 2007
CITY COUNCIL CHAMBER
CALL TO ORDER: Vice-Chair Pougnet called the meeting to order at 9:20 P.M.
ROLL, CALL:
PRESENT: Agency Member Foat, Agency Member McCulloch, Agency
Member Mills, and Vice Chair Pougnet.
ABSENT: Chair Oden.
ALSO PRESENT: Executive Director Ready, Agency Attorney Holland, and Assistant
Secretary Thompson.
PUBLIC COMMENT:
MICHAEL BRAUN, commented on Item RA2., and requested staff and the City Council
provide a scope of work for Nexus and the fee.
AGENCY CONSENT CALENDAR:
ACTION: Approve Items RA1., RA2., RA3. and RA4. Motion Agency Member Foat,
seconded by Agency Member Mills and unanimously carried 4-0 on a roll call
vote.
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
and Vice Chair Pougnet.
NOES: None.
ABSENT: Chair Oden.
RA1. APPROVAL OF MINUTES:
ACTION: Approve the Community Redevelopment Agency Minutes of February
21, 2007. Approved as part of the Consent Calendar.
RA2. APPROVAL OF NEXUS COMPANIES AS THE DESIGN PARTNER IN THE
DESIGN FOR DEVELOPMENT MASTER PLAN PROCESS:
ACTION: Adopt Resolution No. 1320, "A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS,
CALIFORNIA, APPROVING NEXUS COMPANIES AS THE DESIGN PARTNER
IN THE DESIGN FOR DEVELOPMENT MASTER PLAN PROCESS." Approved
as part of the Consent Calendar.
RA3. JOINT ITEM OF THE PALM SPRINGS CITY COUNCIL AND THE CITY OF
PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY - REPAYMENT
AND RE-LENDING OF CRA LOANS:
ACTION: 1) Accept the loans of $1,466,785 and $545,000 and approve
repayment of the prior loans to the City of Palm Springs; 2) Adapt Resolution No.
1321, "A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET
FOR FISCAL YEAR 2006-07;" and 3) Adopt Resolution No. 1322, "A
RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
ITEM NO._L2 �
City of Palm Springs
Community Redevelopment Agency
March 7, 2007 Minutes
Page 2
CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR
FISCAL YEAR 2006-07." Approved as part of the Consent Calendar.
RA4. TERMINATION OF DISPOSITION AND DEVELOPMENT AGREEMENT
DATED SEPTEMBER 19, 2001, AMENDED ON NOVEMBER 5, 2002,
BETWEEN SCHLPS, LLC AND THE PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY, AND ASSIGNED TO FAIRFIELD RESORTS,
INC., NOW KNOWN AS WYNDHAM VACATION RESORTS, INC., AND
AUTHORIZE THE RELEASE OF CERTAIN COVENANTS AND
RESTRICTIONS RELATED TO OBLIGATIONS AND BENEFITS OF THE
DISPOSITION AND DEVELOPMENT AGREEMENT:
ACTION: 1) Adopt Resolution No. 1323, "A RESOLUTION OF THE
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, ORDERING THE TERMINATION OF THE
DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN SCHLPS, LLC,
AND THE COMMUNITY REDEVELOPMENT AGENCY DATED SEPTEMBER
19, 2001, AS AMENDED BY THE FIRST AMENDMENT DATED NOVEMBER 5,
2002, AND ASSIGNED TO FAIRFIELD RESORTS, INC. (NOW KNOWN AS
WYNDHAM VACATION RESORTS, INC.) PURSUANT TO AN ASSIGNMENT
AND ASSUMPTION AGREEMENT AND CONSENT OF AGENCY DATED
FEBRUARY 26, 2003, SUBJECT TO THE CONDITION THAT THE
TERMINATION SHALL BECOME EFFECTIVE UPON THE CLOSE OF THE
SALE OF THE PROPERTY FROM WYNDHAM VACATION RESORTS TO THE
TRAILS AT PALM SPRINGS, LLC;' and 2) Authorize the Executive Director to
execute appropriate releases and other documentation, including the Declaration
of Covenants, Conditions, and Restrictions dated April 7, 2003, between
SCHLPS, LLC, the Agency, and the City, Paragraphs 1 - 3, 5, and 8 of the Grant
Deed dated April 7, 2003, from the Agency to SCHLPS, LLC, and such other
covenants and restrictions as Agency Counsel may approve or recommend as
reasonably necessary to evidence the termination of the Disposition and
Development Agreement as conditioned above. A0428C. Approved as part of
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the Consent Calendar.
ADJOURNMENT: The Community Redevelopment Agency adjourned at 9:21 P.M.
APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY THIS DAY OF 2007.
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ATTEST:
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Assistant Secretary