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HomeMy WebLinkAbout6/6/2007 - STAFF REPORTS - RA.3. CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY MINUTES WEDNESDAY, MAY 23, 2007 CITY COUNCIL CHAMBER CALL TO ORDER: Chair Oden called the meeting to order at 8:47 P.M. ROLL CALL: PRESENT: Agency Member Foat, Agency Member McCulloch, Agency Member Mills, Vice Chair Pougnet, and Chair Oden. ABSENT: None. ALSO PRESENT: Executive Director Ready, Agency Attorney Holland, and Assistant Secretary Thompson. PUBLIC COMMENT: None. RA1. APPROVAL OF MINUTES: ACTION: Approve the Community Redevelopment Agency Minutes of April 4, 2007 and April 18, 2007. Motion Agency Member Mills, seconded by Agency Member Foat and unanimously carried on a roll call vote. RA2. CONSENT TO ASSIGNMENT OF EXCLUSIVE AGREEMENT TO NEGOTIATE AND ESTOPPEL AND RECOGNITION AGREEMENT WITH NEXUS DEVELOPMENT CORPORATION - CENTRAL DIVISION TRANSFERRING ITS RIGHTS, POWERS AND INTERESTS TO LEHMAN BROTHERS HOLDINGS INC.: ACTION: Removed from the Agenda at the request of staff. By consensus of the Agency Members. RA3. AMENDMENT NO. 2 TO THE IMPLEMENTATION AGREEMENT WITH VISTA SUNRISE APARTMENTS LP, TO ALLOW $75,000 OF THE PUBLIC IMPROVEMENT HOLDBACK TO BE USED TO INCREASE AND ENHANCE THE MECHANICAL SCREENING AND LANDSCAPING ALONG THE VISTA CHINO ROAD - HIGHWAY 111 FRONTAGE: John Raymond, Director of Community and Economic Development, provided background information as outlined in the staff report dated May 23, 2007, Agency Member Foat requested staff address the funding mechanism and the mesh screening. Agency Member Mills questioned why the Agency is paying for these requests, and why screening was not included in the original plans, stated the mechanical equipment was not included in the site plans, and requested staff address the approval process to ensure such an item does not happen again. ITEM NO.-2 City of Palm Springs Community Redevelopment Agency May 23, 2007 Minutes Page 2 Chair Oden commented on the funding and security aspects of the project, and commented on the possibility of sharing the costs with others. Agency Member Mills commented on the security, and commented on the cost being bourn by the Agency. Agency Member Foat requested staff address the placement of the air conditioners at the project and if the placement was indicated on the approved plans. Vice Chair Pougnet stated that perhaps some financial assistance be sought out and perhaps the Item should be continued. ACTION: 1) Continue the Item; and 2) Direct staff to encourage financial participation by other stakeholders. Motion Vice Chair Pougnet, seconded by Chair Oden and unanimously carried on a roll call vote. ADJOURNMENT: The Community Redevelopment Agency adjourned at 9:15 P.M. APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY THIS DAY OF 2007, Chair ATTEST: Assistant Secretary CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY SPECIAL MEETING MINUTES WEDNESDAY, MAY 30, 2007 CITY HALL LARGE CONFERENCE ROOM CALL TO ORDER: Chair Oden called the special meeting to order at 5:03 P.M. ROLL CALL; PRESENT: Agency Member Foat, Agency Member McCulloch, Vice Chair Pougnet, and Chair Oden. ABSENT: Agency Member Mills. ALSO PRESENT: Executive Director Ready, Agency Attorney Holland, and Assistant Secretary Thompson. PUBLIC COMMENT: None, RA1. CONSENT TO ASSIGNMENT OF EXCLUSIVE AGREEMENT TO NEGOTIATE AND ESTOPPEL AND RECOGNITION AGREEMENT WITH NEXUS DEVELOPMENT CORPORATION — CENTRAL DIVISION TRANSFERRING ITS RIGHTS, POWERS AND INTERESTS TO LEHMAN BROTHERS HOLDINGS INC.; Tom Wilson, Assistant City Manager, provided background information as outlined in the staff report dated May 30, 2007. ACTION: Adopt Resolution No. 1326, "A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A CONSENT TO ASSIGNMENT OF EXCLUSIVE AGREEMENT TO NEGOTIATE AND ESTOPPEL AND RECOGNITION AGREEMENT WITH NEXUS DEVELOPMENT CORPORATION — CENTRAL DIVISION, IN FAVOR OF LEHMAN BROTHERS HOLDINGS INC., FOR A 5.7 ACRE AGENCY OWNED PARCEL AT THE SOUTHEAST CORNER OF ANDREAS ROAD AND CALLE EL SEGUNDO FOR THE PURPOSE OF DEVELOPING A HARD ROCK HOTEL, MERGED REDEVELOPMENT PROJECT AREA #2." A0500C. Motion Agency Member Foat, seconded by Chair Oden and unanimously carried (4-0) noting the absence of Agency Member Mills. ADJOURNMENT: The Community Redevelopment Agency adjourned at 5:08 P.M. APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY THIS 6tn DAY OF JUNE, 2007, Chair ATTEST: Assistant Secretary , f