HomeMy WebLinkAbout10/24/2001 - STAFF REPORTS (3) 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 HOTEUCONDOMINIUM
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:
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