HomeMy WebLinkAbout10/17/2001 - STAFF REPORTS (15) RESOLUTION NO.
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, MAKING A FINDING
PURSUANT TO SECTION 33421.1 OF THE
CALIFORNIA HEALTH &SAFETY CODE RELATING
TO AN OWNER PARTICIPATION AGREEMENT OF
THE PALM SPRINGS COMMUNITY
REDEVELOPMENTAGENCYTO EFFECTUATETHE
CONSTRUCTION OF A HOTEL/CONDOMINIUM
RESORT AT STEVENS ROAD, PALM CANYON
DRIVE AND INDIAN CANYON WAY IN MERGED
PROJECT AREA #1 (THE NORTH PALM CANYON
REDEVELOPMENT PROJECT AREA)
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WHEREAS the City Council of the City of Palm Springs,California adopted Ordinance 1227,adopting
the Redevelopment Plan for the North Palm Canyon Project Area effective October 19, 1984 for the
purposes of (1) elimination of environmental deficiencies in the area, including obsolete or aged
buildings or substandard or irregular lots, (2) redesign and development of undeveloped areas, (3)
strengthening of retail and other commercial uses in the area, and (4) establishing criteria to ensure
high quality design and development in the area; and
WHEREAS, Developer proceeded with the Project and began construction of 17 condominiums on
June 15, 2001, but during construction certain public improvement costs became excessive and
Developer requested that the Agency fund these expenses to be reimbursed from tax increment; and
WHEREAS the California Health & Safety Code Section 33421.1 requires that the legislative body
make a finding that the provision of public improvements such as streets, sidewalks, utilities, or other
public improvements which an owner or operator of the site would otherwise be obliged to provide is
necessary to effectuate the purposes of the Redevelopment Plan.
NOW THEREFORE, it is hereby resolved that the City of Palm Springs, California, does hereby give
its consent and find that the provision of such improvements, including the financing of the installation
of public improvements with tax increment funds, as provided in the OPA,are necessary to effectuate
the purposes of the Redevelopment Plan.
ADOPTED this day of , 2001.
AYES:
NOES:
ABSENT:
ATTEST: CITY OF PALM SPRINGS, CALIFORNIA
By
City Clerk City Manager
REVIEWED AND APPROVED:
qA
RESOLUTION NO.
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING A LOAN TO THE COMMUNITY
REDEVELOPMENT AGENCY IN THE AMOUNT OF
TWO HUNDRED THOUSAND DOLLARS($200,000)
FOR SITE IMPROVEMENTS BY DESERT
SHADOWS III LIMITED PARTNERSHIP (DESERT
SHADOWS III)
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WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, California
("Agency")is constituted underthe Community Redevelopment Law(California Health and Safety
Code Section 33000 et. seq.) to carry out the purpose as the redevelopment in the City of Palm
Springs ("the City"); and
WHEREAS, on October 17,2001,the Community Redevelopment Agency entered into an Owner
Participation Agreement with Desert Shadows III Limited Partnership; and
WHEREAS, California Health and Safety Code Section 33421.1 and Section 33445 require
necessity for public entity to fund site improvements is to effectuate the purposes of the
Redevelopment Plan and one of the purposes of this Redevelopment Plan is to eliminate blight
and increase tax increment revenue; and
WHEREAS, the Agency has considered all the information, testimony and evidence provided
during the meeting on October 17, 2001.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Springs that a loan
for TWO HUNDRED THOUSAND DOLLARS ($200,000) from the City of Palm Springs to the
Community Redevelopment Agency to reimburse Desert Shadows III Limited Partnership for a
portion of its offsite improvements, be approved.
ADOPTED this day of _, 2001.
AYES:
NOES:
ABSENT:
ATTEST:
CITY OF PALM SPRINGS, CALIFORNIA,
A Municipal Corporation
By
City Clerk City Manager
REVIEWED &APPROVED
QA
RESOLUTION NO.
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA,AMENDING THE BUDGET FOR THE 2001-02
FISCAL YEAR.
WHEREAS Resolution 20062 approving the budget for the fiscal year 2001-02 was adopted
on June 6, 2001; and
WHEREAS the City Manager has recommended, and the City Council desires to approve,
certain amendments to said budget;
NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record
inter-fund cash transfers as required in accordance with this Resolution, and that Resolution
20062, adopting the budget for the 2001-02 fiscal year is hereby amended as follows:
SECTION 1. ADDITIONS
FUND Activity Account Amount
811 8191 65120 $200,000
Merged Area#1 Capital &Admin Desert Shadows
Area#1 OPA
Purpose: Loan to Agency to reimburse Desert Shadows III per OPA.
SECTION 2. SOURCE
FUND Activity Account Amount
001 12416 CRA Loans $200,000
General Fund
Adopted this day of 12001.
AYES:
NOES:
ABSENT:
ATTEST: CITY OF PALM SPRINGS, CALIFORNIA
By
City Clerk City Manager
REVIEWED AND APPROVED