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Home My WebLink About1/1/2010 - CRA RESOLUTIONS RESOLUTION NO. 1395 A RESOLUTION OF THE COMMUNITY REDEVELOMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2009-10. WHEREAS, Resolution No. 1389 approving the budget for the Fiscal Year 2009-10 was adopted on June 17, 2009, and WHEREAS, the Executive Director has recommended, and the Agency Board 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 1389, adopting the Fiscal Year 2009-10 Budget is hereby amended as follows: SECTION 1. ADDITIONS Fund Activity Account Amount No. 852 8202 49625 $788,000 Merged Area #1 Central Business City Loan Principal District Purpose: To provide funding for partial payment on accrued interest on Land Purchase note for Sunrise Loan. SECTION 2. SOURCE: Fund Activit Account Amount No. 812 29301 $788,000 Merged Area #1 Fund Balance ADOPTED this 20th day of January, 2010. 7 David H. Ready, a Director ATTEST: mes Thomfison, Assistant Secretary Resolution No. 1395 Page 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1395 is a full, true and correct copy, and was duly adopted at an adjourned meeting of the Community Redevelopment Agency of the City of Palm Springs on the 20th day of January, 2010, by the following vote: AYES: Agency Member Foat, Agency Member Mills, Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: None. ABSTAIN. None. mes Thompson, Assistant Secretary. Community Redevelopment Agency., . City of Palm Springs, California ed10,91Z010 RESOLUTION NO. 1396 A RESOLUTION OF THE COMMUNITY REDEVELOMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2009-10. WHEREAS, Resolution No. 1389 approving the budget for the Fiscal Year 2009-10 was adopted on June 17, 2009; and WHEREAS, the Executive Director has recommended, and the Agency Board 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 1389, adopting the Fiscal Year 2009-10 Budget is hereby amended as follows.- SECTION 1. ADDITIONS FNo. Activit Account Amount 11 8191 Pending $1,302,924.17 ed Area #1 Merged Area #1 Purpose: To provide funding for purchase of COD Property. SECTION 2. SOURCE: Fund Activi Account Amount No, 811 29301 $1,302,924.17 Merged Area #1 Fund Balance ADOPTED this 20th day of January, 2010. David H. Ready, E irector ATTEST:- mes Thompson, Assistant Secretary Resolution No. 1396 Page 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1396 is a full, true and correct copy, and was duly adopted at an adjourned meeting of the Community Redevelopment Agency of the City of Palm Springs on the 20th day of January,2010, by the following vote: AYES: Agency Member Foat, Agency Member Mills, Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. Yes Thompson, AssistantSecretaryunity Redevelopment,4gency City of Palm Springs, California 0 08/Zola RESOLUTION NO. 1397 A RESOLUTION OF THE COMMUNITY REDEVELOMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2009-10. WHEREAS, Resolution No. 1389 approving the budget for the Fiscal Year 2009-10 was adopted on June 17, 2009, and WHEREAS, the Executive Director has recommended, and the Agency Board 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 1389, adopting the Fiscal Year 2009-10 Budget is hereby amended as follows: SECTION 1. ADDITIONS Fund Activit Account Amount No. 851 8201 49625 $3,616,000 Merged Area #1 Central Business Loan Principal District Purpose: To provide funding for partial advance call on various Land Purchase notes. SECTION 2. SOURCE: Fund Activity Account Amount No. 811 29301 $3,616,000 Merged Area #1 Fund Balance ADOPTED this 20th day of January, 2010. David H. Ready, wive Director ATTEST: - es Thom�ison, Assistant Secretary Resolution No. 1397 Page 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1397 is a full, true and correct copy, and was duly adopted at an adjourned meeting of the Community Redevelopment Agency of the City of Palm Springs on the 201h day of January, 2010, by the following vote. AYES: Agency Member Foat, Agency Member Mills, Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. es Thompson, Assistant Secretary ommunity RedevelopmentAgency City of Palm Springs, California DzCOB f °f p RESOLUTION NO. 1398 A RESOLUTION OF THE COMMUNITY REDEVELOMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2009-10. WHEREAS, Resolution No. 1389 approving the budget for the Fiscal Year 2009-10 was adopted on June 17, 2009, and WHEREAS, the Executive Director has recommended, and the Agency Board 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 1389, adopting the Fiscal Year 2009-10 Budget is hereby amended as follows: SECTION 1. ADDITIONS Fund Activity Account Amount No. 001 12416 $1,466,785 General Fund Redevelopment Agency Loan Receivable Purpose: To provide funding for new loan to Merged Area#1 Capital &Admin to cover on- going costs. SECTION 2. SOURCE: Merged Area #1 is concurrently repaying $1,466,785 in loans from the General Fund. Fund Activity Account Amount No. 811 29301 $1,466,785 Merged Area #1 Fund Balance Ca ital & Admin ADOPTED this 20th day of January, 2010. David H. Ready, E irector ATTEST: Oes Thompson, Assistant Secretary Resolution No. 1398 Page 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1398 is a full, true and correct copy, and was duly adopted at an adjourned meeting of the Community Redevelopment Agency of the City of Palm Springs on the 20th day of January, 2010, by the following vote: AYES: Agency Member Foat, Agency Member Mills, Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. Ymes Thompson, Assistant Secretaryunity Redevelopment Agency Palm Springs, California 01/1) Zap n RESOLUTION NO. 1399 A RESOLUTION OF THE COMMUNITY REDEVELOMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2009-10. WHEREAS, Resolution No. 1389 approving the budget for the Fiscal Year 2009-10 was adopted on June 17, 2009; and WHEREAS, the Executive Director has recommended, and the Agency Board 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 1389, adopting the Fiscal Year 2009-10 Budget is hereby amended as follows. SECTION 1. ADDITIONS Fund Activity Account Amount No. 001 12416 $545,000 General Fund Redevelopment Agency Loan Receivable Purpose: To provide funding for new loan to Merged Area #2 Capital &Admin to cover on- going costs. SECTION 2. SOURCE: Merged Area 42 is concurrently repaying $546,000 in loans from the General Fund. Fund Activity Account Amount No. 812 29301 $545,000 Merged Area 42 Fund Balance Ca ital & Admin ADOPTED this 20th day of January, 2010. David H. Read iPve Director ATTEST: - r�1 ames Thompson, Assistant Secretary Resolution No. 1399 Page 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1399 is a full, true and correct copy, and was duly adopted at an adjourned meeting of the Community Redevelopment Agency of the City of Palm Springs on the loth of January, 2010, by the following vote: AYES: Agency Member Foat, Agency Member Mills, Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. me Thompson, Assistant Secretary Community Redevelopment Age�y��Qg Lp�� City of Palm Springs, California J RESOLUTION NO. 1400 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, MAKING CERTAIN FINDINGS WITH RESPECT TO THE 2009-10 PAYMENT TO THE SUPPLEMENTAL EDUCATIONAL REVENUE AUGMENTATION FUND AND PROVIDING OTHER MATTERS PROPERLY RELATING THERETO. THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS FINDS: WHEREAS, Assembly Bill 26 4X, adopted by the State Legislature in July 2009, added Section 33690 to the Health and Safety Code of the State of California (the "Law"); and WHEREAS, Section 33690 of the Law was subsequently amended by Senate Bill 68; and WHEREAS, Section 33690(a)(1) of the Law requires redevelopment agencies to make a payment on or before May 10, 2010 to the county Supplemental Educational Revenue Augmentation Fund; and WHEREAS, the amount required by Section 33690(a)(1) of the Law to be paid by the Community Redevelopment Agency of the City of Palm Springs (the "Agency") by May 10, 2010 is $4,204,921; and WHEREAS, pursuant to Section 33690(c)(1), an agency may borrow from either the amount required to be allocated to the Low and Moderate Income Housing Fund, pursuant to Sections 33334.2, 33334.3, and 33334.6, or any moneys in that fund, or both, unless executed contracts exist that would be impaired if the agency reduced the amount allocated to the Low and Moderate Income Housing Fund, if the agency finds that there are insufficient funds to meet this obligation; and WHEREAS, agency funds in its Debt Service and Capital Improvement Funds have been earmarked for existing bonded debt obligations, payment under development agreements and payments under property acquisition agreements with the City; and WHEREAS, in addition to its bonded indebtedness and tax sharing obligations, the Agency has obligations relating to The Springs development (remediation costs) as well as the College of the Desert campus; and WHEREAS, if the Agency does not reserve the balance of its currently available funds to secure the payments due under the agreements with the City, the City's ability to fund essential City services will be impaired; and Resolution No. 1400 Page 2 WHEREAS, based on obligations described in Findings F, G and H of this resolution, there are insufficient funds to meet the requirements of Section 33690(a)(1) of the Law and the Agency will borrow the amount required from the Low and Moderate Income Housing Fund; and WHEREAS, the Agency must repay amounts so borrowed on or before June 30, 2015; and NOW, THEREFORE, THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS RESOLVES: Section 1. Loan. The Agency hereby approves a loan from the Agency's Low and Moderate Income Housing Fund in the amount of $4,204,921 to pay the amount due pursuant to Section 33690(a)(1) of the Law. Section 2. Repayment. The Agency will repay such amounts to the Low and Moderate Income Housing Fund no later June 30, 2015, without interest. Section 3. Subordination. The obligation of the Agency to repay the Low and Moderate Income Housing Fund shall be subordinate to the lien of any pledge of collateral securing, directly or indirectly, the payment of the principal, or interest on any bonds of the Agency including, without limitation, bonds secured by a pledge of taxes allocated to the Agency pursuant to Section 33670 of the Law. The Agency shall factor in the fiscal obligations created by this Resolution when issuing bonded indebtedness. Section 4. Budget and Appropriate. The Agency's 2009-10 budget is hereby amended to include the loan from the Low and Moderate Income Housing Fund and the corresponding payment to the Riverside County Supplemental Educational Revenue Augmentation Fund. Section 5. Effective Date. This resolution shall take effect from and after the date of approval and adoption thereof. ADOPTED THIS 7TH DAY OF APRIL, 2010. David H. Ready, a Director ATTEST: mes Thompson, Assistant Secretary Resolution No. 1400 Page 3 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1400 is a full, true and correct copy, and was duly adopted at a regular meeting of the Community Redevelopment Agency of the City of Palm Springs on the 7th day of April, 2010, by the following vote: AYES: Agency Member Foat, Agency Member Mills, Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. es Thompson, Assistant Secretary. -= ommunity Redevelopment Agenc City of Palm Springs, California - /-Zot RESOLUTION NO. 1401 A RESOLUTION OF THE COMMUNITY REDEVELOMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2009-10. WHEREAS, Resolution No. 1389 approving the budget forthe Fiscal Year 2009-10 was adopted on June 17, 2009; and WHEREAS, the Executive Director has recommended, and the Agency Board 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 1389, adopting the Fiscal Year 2009-10 Budget is hereby amended as follows. SECTION 1. ADDITIONS Fund Activity Account Amount 851 8201 65013 $4,204,921 Merged Area #1 Central Business ERAF District SECTION 2. SOURCE Fund Activity Account Amount 882 29301 $4,204,921 Low Mod Housing Fund Balance ADOPTED THIS 7T" DAY OF APRIL, 2010. David H. Ready, E e Director ATTEST-. es Thompson, Assistant Secretary s Resolution No. 1401 Page 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1401 is a full, true and correct copy, and was duly adopted at an adjourned meeting of the Community Redevelopment Agency of the City of Palm Springs on the 7ch of April, 2010, by the following vote: AYES: Agency Member Foat, Agency Member Mills, Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. mes Thompson, Rr;sistant'Secretary / /J C ty of Palm Spr ng sCaliforn ae�'� (.f ;l2bf RESOLUTION NO. 1402 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ADOPTING AND APPROVING AMENDMENT NO. 1 TO THE FIVE YEAR IMPLEMENTATION PLAN (FISCAL YEAR 2009-10 THROUGH FISCAL YEAR 2013-14) AND UPDATED TEN YEAR HOUSING COMPLIANCE PLAN FOR MERGED PROJECT AREA NOS 1 AND 2. WHEREAS, Section 33490(a)(1)(A) of the California Community Redevelopment Law, Health & Safety Code 33000 et. seq. ("Redevelopment Law') requires all redevelopment agencies to adopt an Implementation Plan every five years, following a noticed public hearing; and WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ("Agency") adopted the Amended and Restated Redevelopment Plans for Merged Redevelopment Project Area No. 1 and Merged Redevelopment Project Area No. 2 (collectively, the "Project Areas") on February 19, 2003 by Ordinance Nos. 1623 and 1624 and amended said Redevelopment Plans on May 5, 2004 by Ordinance Nos. 1649-1652 and by Ordinance No.1656 on June 16, 2004, and WHEREAS, Section 33490(a)(1)(A) of Redevelopment Law requires that an implementation plan contain the specific goals and objectives of an agency for each project area, the specific programs, including potential projects, and estimated expenditures proposed to be made during the next five years, and an explanation of how the goals and objectives, programs, and expenditures will eliminate blight within the Project Areas and implement the requirements of Sections 33334.2, 33334.4, 33334.6, and 33413 of Redevelopment Law; and WHEREAS, Section 33490(a)(2)(c) of Redevelopment Law authorizes redevelopment agencies to adopt a single redevelopment implementation plan for all redevelopment areas within a community; and WHEREAS, pursuant to Section 33490 of Redevelopment Law, the Agency has prepared an Implementation Plan for the Project Areas for fiscal years 2009-10 to 2013- 14 as included herewith as Exhibit 'A' ("Implementation Plan"), and WHEREAS, Section 33413(b)(2)(A)(v) of Redevelopment Law provides that the Agency may aggregate affordable housing production needs among its Project Areas if a finding is made that such aggregation will not exacerbate racial, ethnic or economic segregation. On April 4, 2007, the Agency adopted Resolution No. 1324 and determined that the aggregation of housing production activities among the Project Areas will not cause or exacerbate racial, ethnic or economic segregation. WHEREAS, the Agency has conducted a duly noticed public hearing on the proposed Implementation Plan. Resolution No,1402 Page 2 THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The First Amendment to the Implementation Plan is hereby authorized and approved. SECTION 2. This approval and adoption of the Amended Implementation Plan does not constitute approval of any specific program, project, or expenditures, and does not change the need to obtain any required approval of a specific program, project, or expenditure from the Agency or City. SECTION 3. That the aggregation of housing production activities among the Project Areas will not cause or exacerbate racial, ethnic or economic segregation. ADOPTED THIS 19T" DAY OF MAY, 2010. David H. Ready, Exe Director ATTEST: mes Thompson, Assistant Secretary CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1402 is a full, true and correct copy, and was duly adopted at a regular meeting of the Community Redevelopment Agency of the City of Palm Springs on the 19th day of May, 2010, by the following vote: AYES: Agency Member Foat, Agency Member Mills, Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. am es Thompson, Assistanf Secretary Community RedevelopmentA envy 6r��.l of the City of Palm Springs, California ' CRA Staff Report (May 19, 2010) -- Page 4 (First Amendment to the Five Year Implementation Plan FY 2009-10 through 2013-14) EXHIBIT A PROPOSED FIRST AMENDMENT TO THE FIVE YEAR IMPLEMENTATION PLAN MERGED PROJECT AREA NOS. 1 AND 2 FIVE YEAR IMPLEMENTATION PLAN COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS FY 2009-10 THROUGH 2O13-14 Five Year Implementation Plan FY .0 TABLE OF CONTENTS INTRODUCTION ......................................................................................................................... 1 LegalAuthority.................................................................................................................................................................1 ABOUT THE. PROJECT AREAS...................................................................................................2 RECENT REDEVELOPMENT ACCOMPLISHMENTS ....................................................................5 IMPLEMENTATION PLAN GOALS..............................................................................................8 SUSTAINABILITY OBJECTIVES ................................................................................................ 9 NationalLevel .................................................................................................................................................................9 StateLevel........................................................................................................................................................................9 LocalLevel........................................................................................................................................................................9 RedevelopmentPolicies.............................................................................................................................................11 PROPOSED REDEVELOPMENT PROGRAM............................................................................1.12 PROPOSED REDEVELOPMENT PROGRAM.............................................................................. 12 PROPOSED AFFORDABLE HOUSING PROGRAM....................................................................23 AFFORDABLE HOUSING PROGRAM COMPLIANCE OBJECTIVES......................................... 26 HousingProduction....................................................................................................................................................27 ReplacementHousing Needs................................................................................................................................ 30 Low and Moderate Income Housing Fund....................................................................................................... 30 HousingSet-Aside Expenditures..........................................................................................................................32 Family Units Assisted by Housing Set-Aside Fund.......................................................................................32 Housing Units Constructed During Prior Implementation Plan Without Housing Set-Aside Funds................................................................................................................................................................................33 i MERGED IR O . 00 INTRODUCTION About this Implementation Plan Every five years, redevelopment agencies are required to adopt an implementation plan for each redevelopment project area that establishes five-year operational and financial work programs for carrying out the redevelopment and affordable housing responsibilities of the agency. This Five Year Implementation Plan ("Implementation Plan") for the Community Redevelopment Agency of the City of Palm Springs ("Agency") covers the five-year planning period for fiscal years ("FY") 2009-10 through 2013-14 for the Merged Redevelopment Project Area Nos. 1 and 2 ("Project Areas"). This Implementation Plan also contains an update to the Agency's Housing Compliance Plan ("Housing Compliance Plan") for meeting the Agency's affordable housing requirements for the 10-year compliance period (FY 2004-05 to 2013-14), including obligations for producing, replacing, and expending funds for affordable housing. Legal Authority In 1993, the Legislature passed Assembly Bill 1290 (Chapter 942, Statutes of 1993), which enacted the California Community Redevelopment Law Reform Act and made changes to state redevelopment law (Health and Safety Code §33000 et seq.) ("CRL") in an effort to increase both the effectiveness and accountability of redevelopment agencies. One notable statutory change was the addition of Article 16.5 033490 et seq.) to the CRL, which required redevelopment agencies to adopt five year implementation plans for all Project Areas on or before December 31, 1994, and every five years thereafter. CRL §33490(a) requires that the Implementation Plan contain' • The Agency's goals and objectives, programs, and projects within the Project Area for the next five years, including estimated expenditures. • An explanation of how the goals and objectives, programs, projects, and expenditures will eliminate blight and promote affordable housing within the Project Area. • A specific location that addresses the Agency's housing responsibilities, including the Agency's Low and Moderate Income Housing Fund ("Housing Fund") and the Agency's requirements for producing and replacing affordable housing. Given these required contents, the Implementation Plan can naturally serve as more than just a compliance document to adhere to the legal mandates of State law, The Implementation Plan provides the Agency with an opportunity to thoughtfully craft a purposeful and deliberate strategy for the next five years. -------------------- .. ......_...._....... .. 1 ---- l � Five Year Implementation Man FY2009-10 through 2013-14 ABOUT THE PROJECT AREAS Who, What, Where, When, and Why The City of Palm Springs ("City") was established in 1938. Palm Springs lies on the western edge of the Coachella Valley, within the ecological area known as the Colorado Desert. The City is located in central Riverside County, approximately 107 miles east of Los Angeles. Palm Springs covers a geographical area of 96 square miles with well-established neighborhoods. Non-native settlers first arrived after a Southern Pacific Railroad line was completed in 1877 which traveled through the desert to the Pacific Ocean. The town flourished after World War II, experiencing rapid development in housing and business. In the 1870's, nearly 32.000 acres of land was transferred to the Agua Caliente Band of Cahuilla Indians and allotted in the 1950's. As a result of this land transfer, the city developed in a checkerboard pattern, a pattern of growth that is still evident today. In 1972 the Community Redevelopment Agency of the City of Palm Springs was created to address conditions of physical and economic blight in selected portions of the city, beginning with the Central Business District in 1973. Over an 18 year period, a total of ten redevelopment areas throughout the city were established encompassing 3,079 acres, which were later merged into two project areas, Merged Redevelopment Project Area Nos. 1 and 2 ("Project Areas"). Divided generally between areas where tribal lands existed, seven of the original project areas were placed into Merged Project Area No. 1 and the remaining three project areas with tribal lands were placed into Project Area No. 2. The Redevelopment Plans for the Project Areas set forth time limitations with regard to collecting tax increment revenue and plan effectiveness. The following Table 1 presents the current time limits contained in the Redevelopment Plans- 2 : :%Five Year implementation Plan FY • • 2013-14 Table 1:Notable TlmafV6M@s,for Merged Project Area NOS,1'4k.2 Project Area Plan Eminent Plan Tax Increment Adoption Domaln Terminationz Termination Merged Area No,1 Central Business District" 7/11/1973 2/19/2015 7/11/2016 7/11/2026 Raman-Bogi W,4 1V30/1983 2/19/2015 11/30/2026 IV30/2036 South Palm Canyons 4 11/30/19133 2/19/2015 11/30/2026 11/30/2036 Oasi54 7AO/1984 2/19/2015 7/10/2025 7/10/2035 North Palm Canyon' 9/19/1934 2/19/2015 9/19/2025 9A9/2035 Highland•Gatewayl 11/20/1984 2/19/2015 11/20/2075 11/20/2035 Citywide Project No.94 12/29/198B 2/19/2015 12/29/2029 12/29/2039 Merged Area No.2 Tahquitz-Andreas'6 7/19/1983 6/16/2016 7/19/2026 7/19/2036 Baristo-Farrells 5/7/1986 2/19/2015 5/7/2027 5/7/2037 Canyon' 7MA991 2/19/2015 7A9/2032 7A9/2042 Notes: 7 Properties with occupied residential units or tribal lands are exempt from eminent domain. i As amended by Ordinance Nos.1649-1650. a The City Council adopted Ordinance No.1760 on May 27,2009 extending the effectiveness of the Redevelopment Plans and repayment of indetedness in the Project Areas pursuant to SB 1096. 4 As amended by Ordinance No.1623. 5 As amended by Ordinance No.1624, 'As amended by Ordinance No.1656. Source:Community Redevelopment Agency of the City of Palm Spring;Redevelopment Documents —----- ....................-..............-..�..-_ ,.... 3 12 MERGED'REIDIEVELOPME-NT PROJECT AREA NOS. I & 2 Fivp Yeatimplementation Plan 2.609-101h1rough 2013-14 The map below depicts the location of the Project Areas. ' 'I ' ' ' ' . . ,1, lu 77 iz F� 60 t . ... ....... M, ..........'lee, "4 eye ell WI' lee NPl eel I le, TA N ,qkI�Im IM i k ee'1 ee ................ ............... 4 13 Five Year implementation Plan Fy 2009-10 through 2013-14 RECENT REDEVELOPMENT ACCOMPLISHMENTS The Public Value & Benefit of Redevelopment In the last five years, the Agency has completed many successful projects and programs in Merged Redevelopment Project Area Nos. 1 and 2: Palm Canyon Theatre Renovation. The theater is a historical Swa�ipfn� Li1rNd. Expanding site and a cornerstone of an "arts and entertainment district" the in downtown. The theater is home to the 15MW Dealership Palm Canyon Theatre In 2003 the 'Agency purchased a i Group and one of the 4.96,acre parcel at the northwest venues for the Palm corner of Sunrise Way and Springs International ! Tahquitz Canyon Way. The Film Festival events. p Agency;facilitated a land swap for Improvements to the a parcel on East Palm Canyon i theater included HVAC Dnva ,which was later sold;to VIP upgrades, new Motors for the BMW dealership bathrooms, a marquee expansion. liltsf,: sign and property landscaping. The Negotiations allowed the seller of Agency and the Palm Springs International Film Festival e the 4.9&Acre parcel to continue to partnered to complete these improvements. process deWelopment plans for a. commercial shopping center on Downtown Trash Enclosure and Alleyway Enhancements the site, The parcel was The alley between the Pomme Frite Restaurant and the Chop exchanged with tha Indian allottae House is a major entry point from the multi-level parking and the land is leased back to the structure to the Downtown Central Business District, but the original developer, who has entry way was not clearly delineated. The trash enclosure proposed a vons-anchored had a long-standing history of problems with odor, theft, shopping Center, dumping, loitering and was generally an eyesore. In November 2008, improvements were completed to make the trash enclosure more secure, facilitate in keeping the enclosure tidy and clean, and visually conceal the area from public view. The alleyway behind the downtown parking structure and along the north side of the Chop House Restaurant wall was enhanced with new pavers, lighting, and a decorative metal panel arrangement on the north wall of the Chop House Restaurant mimicking the San Jacinto Mountains. Most of the work was carried out on City property; however, a portion of the alleyway work was ') undertaken on private property. The Agency provided The exoanSlon of the BMW $390,000 for the design and construction of the dealership on East Palm Canyon improvements. Drive was completed in February 2008, The 39,006,square foot Jackie Lee Houston Plaza. When the Palm Springs automotive dealership Is a state- Convention Center was reoriented in 2002 to take advantage of-the�art auto ,sales and Service of spectacular mountain views from the Center's front doors, i, center, ,and the site is large the City Council approved a lease of the 1.77-acre parcel at enough'I to accommodate an the southwest corner of Amado Road and Calle Alvarado in additional dealership in the future, if order to prevent new development from blocking this view. Meanwhile, the vons project Was j This project consists of an open-air plaza for the Convention I approved by the city.. in ` March Center, a sculpture park, and attractive landscaping. 2006. Preserving the view and facilitating wider outdoor uses in the front will keep the Convention Center vital and exciting The ------------------- _.....-...... 5 ----.._..............._. Five Yew Irriplementation Plan IFY r• r through 2013-14' : Plaza will also form part of the linkage between hotels in the future and will be an essential element to the Agency's Section 14 Streetscape Plan. The design of the Plaza was completed in 2009 at a cost of $124,700, funded by f3fQWC1l �4� tp an the Agency. Construction for the Plaza began in the fall of ( AP(7ftUrtlty: the Springs 2009 and is scheduled to be completed by early January 2010, at a cost of approximately $1 million, funded by the City and Shopping Center private entities. The (Springs shopping center is Tamarisk Sidewalk Replacement. The Agency removed and located on a former landfill. The replaced a 125-foot section of sidewalk on the north side of property -Thad..,. remainedi': Tamarisk Road from Palm Canyon Road to the east property undeveloped -since the landfill :! limits of the El Paseo Plaza. The sidewalk was in poor ceased operation in the early condition and these improvements were complimentary to the 1950's,, due to the technical and i renovation of the historic El Paseo Plaza and three Class 1 financial challenges of Historic buildings into a new retail complex with nationally redeveloping ;the site. The: known furniture retailer "Design Within Reach". The Agency Agency purchased the Property contributed approximately $13,000 for the replacement of the in 1988 for a futures - sidewalk. redevelopment:opportunity. Facade Improvement Program. In January 2009. in response to a downturn of economic conditions and to encourage I. investments that contribute to the overall revitalization in the Business Improvement District and Redevelopment Project t Areas, the Agency launched the Facade Improvement Program. The program provides grants of up to $2,500 and ! matching funds up to a maximum Agency contribution of $5,000, to downtown and uptown businesses to improve the exterior of their buildings. These funds can be used for a number of exterior improvements including signs, awnings, canopies, shades, painting, landscaping, or paving. Thus far, In 2002, the ,Agency entered. the Agency has received grant requests totaling $250,000 and into an agreement with The: has paid approximately $175,000 to eligible applicants. The Charles Company to 'build a '' program is ongoing and has been successful in "sprucing up" 400,000 square foot shopping i the business district and encouraging tenants and property center" on the.:: Agency-owned owners to improve their storefronts. parcel and :' the adjacent South Palm Canyon Street Widening. In February 2003, the privately-owned parcel. The, City's Engineering Department submitted a grant application developer conducted all the for Highway Bridge Replacement Rehabilitation (HBRR) environmental I: assessments,. funding to the California Department of Transportation developed the 'remedial :action ' (Caltrans) for construction of a new four lane bridge crossing work plan approved by the l of the existing low water crossing of the Arenas Canyon South State, and paid for remepration Drainage channel at South Palm Canyon Drive near Bogert of the site. In March 2004 the Trail. Upon review, Caltrans determined that the City's Agenpy sold the land to the: application was eligible for federal funding through the HBRR developer at fair market value Program, provided that the City demonstrated that it was The Springs Was substantially moving forward with funding and construction of the widening completed in 2008, The Agency of South Palm Canyon Drive to four lanes. Subsequently, in is currently Working with the 2004 the Agency refinanced bonds to contribute $1 million Developer to Secure tenants to towards the widening of South Palm Canyon Drive to facilitate occupy the Center. The center the City's HBRR grant application for a new bridge. The consists of up to 30 Stores and improvements cost approximately $970,000 and will be eateries with Horne Depot as the completed during FY 2009-10, anchor tenant of the center. Future Parking and Hotel Parcel. In September 2007, the Agency purchased the subleasehold interest for a 9.52-acre parcel at the southeast corner of Avenida Caballeros and Amado Road (PSL- 315) for $7.8 million. The purpose of acquiring the subleasehold interest in the parcel was to provide a site for one of the following options' (1) a future expansion of the Convention Center if needed, (2) —-------.--.-.- 6 15 Fi�e��4ai implementation r• r2013-14 additional public and private parking for the Convention Center and anticipated new hotels, or (3) additional hotel development to serve the Convention Center. Without Agency assistance there would be no possibility of Controlling the site for future uses that would be compatible with the Convention Center or potential hotel uses. Future development of the site will assist in eliminating blighted conditions caused by inadequate parking in and around the Convention Center, the downtown, and increased convention and tourism activity will provide additional opportunities to redevelop underperforming commercial development in the City. Downtown Parking Structure Purchase of Sublease Interest. In 2008, the Agency acquired a sublease interest in the Downtown Parking Garage at the northwest corner of Indian Canyon Drive and Baristo Road from the City of Palm Springs. The 375-5pace garage was developed in 2002 under a novel land acquisition process, whereby several of the property owners traded the underlying land for dedicated parking spaces. Rick Weiss/Vista Sunrise Special Needs Apartments and Family Care Center. Developed by McCormack Baron Salazar of Los Angeles in partnership with Desert AIDS Project, the 80-unit Rick Weiss Special Needs Apartments serves a very low income HIV/AIDS special needs population. The Agency acquired the original parcel in 1979 and held it for affordable housing, which became the Vista Serena and Vista Del Monte Co-op's. Those projects left a remaining 1.23 acres undeveloped for the Vista Sunrise Apartments. The apartment complex is comprised of studio and one-bedroom units for transitional and permanent housing for patients and their families. These apartments are envisioned to be a combination of affordable housing, social service facilities from the Desert AIDS Project, and health care provided by the County of Riverside Family Care Center. The apartments opened in early 2007, The Agency contributed approximately $2,000,000 in land and cash toward the project and facilitated the development of the Family Care Center on the same campus by undertaking the construction of all the off-site improvements along Vista Chino Road and Sunrise Way. The Family Care Center opened in March 2008. Coyote Run II Apartments. The Coachella Valley Housing Coalition (CVHC) built on a six acre site adjacent to the existing Coyote Run I Apartments, anational award-winning bia affordable housing complex for very low and low income households. The land was previously owned by the City as a remnant parcel from the original Fredericks Development project (Sunrise Norte) and conveyed to the Agency to contribute to the Coyote Run project. The apartment expansion, completed in September 2006 provided 66 units of affordable housing for low income families. The Agency worked with the CVHC to construct the expansion. The Agency contributed approximately $1,700,000. Cottonwood/Chuckwalla Single Family Homes. The Agency assembled a total of ten single-family lots from the Coachella Valley Housing Coalition and the County of Riverside to facilitate development of single-family homes. These homes are affordable to very low, low and moderate-income households for a minimum of 45 years. Desert Highland Inflll Program Homebuyer Assistance. The Agency gave assistance to moderate income households for the purchasing of five (5) single family homes in the Desert Highland neighborhood between 2006 and 2008 as part of the Infill Program. These units have 45-year covenants and $50,000 was given to each purchaser. ------ —- ----- --.... -- .---7 16 Five Year implementation Plan:Fy 2009-'10 through 2013-14: IMPLEMENTATION PLAN GOALS Community Reinvestment and Revitalization The Redevelopment Plans for the Project Areas establish a variety of goals for redevelopment of each constituent Project Area. These goals as well as the sustainability objectives of the City frame the near term redevelopment objectives for the Implementation Plan period. For the purposes of this Implementation Plan, the Redevelopment Plan goals for Merged Project Area Nos. 1 and 2 and their subareas are consolidated and summarized below. Eliminate Blight. Eliminate deteriorated buildings, incompatible and uneconomic land uses, and other environmental, economic and social deficiencies; improve the overall appearance of buildings, streets, parking areas, schools and other facilities, and assure that all buildings are safe for CLEAN people and businesses to occupy. Protect and Enhance Community Character. Preserve artistically, architecturally, and historically worthwhile structures and sites and upgrade urban design standards to provide unity and to encourage community identity. PRESERVE Create a Stronger Local Economy. Strengthen the economic base of the Project Areas and the community at large by installing needed site improvements and stimulating new commercial expansion, employment and economic growth. Establish financial mechanisms to assist and encourage INVEST commercial development opportunities. Improve Public Infrastructure and Services. Provide necessary public improvements, including but not limited to flood control facilities, street improvements, parking supply, and traffic circulation. Develop emergency, cultural, recreational, maintenance, operational, and other services and ACCESS facilities. Use Land Wisely. Assemble land into parcels suitable for modern, integrated development with improved pedestrian and vehicular circulation in the Project Areas. Guide and secure the availability of property to attract major investors and developers. Guide the replanning, redesign and development DEVELOP of undeveloped areas which are stagnant or improperly utilized. Housing for All Families. Protect the health and general welfare of low and moderate income persons by increasing or improving the community's supply of affordable housing. When applicable, provide relocation assistance to displaced residential and nonresidential owners and tenants as required by LIVE law. Path to Sustainability. Maximize the community's renewable resources and conserve and restore its limited resources by supporting renewable energy, recycling and reusing of water and materials, and applying high green building standards. SUSTAIN 8 - lr MERGED REDEVELOPMENT PROJECT AREA NOS. I & 2 SUSTAINABILITY OBJECTIVES Integrating Green Building Practises Into Our Redevelopment Program Make no mistake, Palm Springs intends to be the sustainability capital of the country, as declared by the Mayor and City Path to Sustafnability Council in 2009, the City has advanced on..the - As the City's most effective tool for encouraging low-carbon Path to Sustamability with footprint development into existing infill locations, the Agency Important policy action, will continue to implement policies and practices to achieve Including adopting the Mayor's ". national, state and local sustainability programs, including the Climate Change Resolution as following: well as goals to reduce energy. I use: by 20% and reduce water National Level use by 50%:by 2012." • U. S. Mayor's Climate Protection Agreement; and The Palm Springs PAA#th to a':l i Sustainable Community.Paige M • President's Energy Initiatives American Recovery and i Reinvestment Act (ARRA) for the implementation of Energy Efficiency Conservation Strategies. State Level • Assembly Bill 32 the California Global Warming Solutions Act of 2006, requires reduction of greenhouse gases to 1990 levels by 2020, which represents a 25% reduction, A California executive order further mandates an 80% reduction by 2050; • Senate Bill 375 is the nation's first policy to integrate four planning processes: land-use planning, transportation planning, housing development and reduction of greenhouse gas emissions focused on the use of incentives. SB375 gives incentives to plan in a way that reduces global warming pollution and promotes more compact development and greater Warren-Alquist Act of 1974 transportation and housing choices; and Assembly Bill 811 amended the Streets and The. Warren-Alpuist State Energy Resources ` • Highway Code to allow for contractual Con$grvatiorl; and Development. Act established assessments for energy and authorized the California Energy Commission 'i, gy efficiency tCEC) to prescribe, by regulation, lighting, improvements. ABB11 allows cities to form Insulation climate control system, and other assessment districts that allow free and Ovildina design and coo�OucU06 standards which willing property owners to finance the Inr raase the efficiency In the use of 9nergy for installation of distributed generation neW retIdeh0al and new nonresidential buildings, renewable energy sources or energy efficiency improvements that are Among Its other functions, the CEC sets building permanently fixed to real property. standards and works with local agencies to Jr plement ,these codes. Gradually, as building Local Level codes evolve„ bq),Idinq design: beeames more water and 'energy-efficient: and results In a ;! • Mayor's Climate Protection Resolution; constantly Higher standard for environmentally Desert Cities Energy Partnership: sensitive design and construction that must be. :', Incorporated into redevelopment:projects.::. 0 Rebates on energy retrofits; --- - -- o Ensure kWh reduction in City facilities and throughout the community; and o Encourages green building elements via energy projects. • Adoption of the Palm Springs Path to Sustainability; 1 O 1-we Year •' • Formation of the Office of Sustainability; • Formation of Sustainability Commission; • Formation of Leadership Council consisting of public and private leaders throughout the community; • Formation of"Green Team" consisting of staff leaders from City Departments; • Programs implemented or offered by the City to encourage conservation: o Low flow toilet rebates; o Low flow toilet replacement program for low income residents; o Smart irrigation devices provided to 50 homes at no cost; o Energy Efficient Pool Pump rebates (additional to utility rebate increasing amount from $200 to over $500) for 60 residents; o Partner with Desert Welcome to provide over 150 Welcome Packets to include energy and water saving tips, tools and products for new residents; o The City of Palm Springs has received over $16,000 in rebates and $15,000 more rebates that are in process for energy efficiency retrofits in City Facilities including the Police Department, and the former Riverside County Health building; o By retrofitting Police Department lighting, it is estimated that $24,000 per year will be saved in energy costs; n Tahquitz Median and City Hall landscape redesign to water efficient "desert landscape'; o Continuing efforts to fast track energy efficiency and green building projects—the first endeavor was energy efficient pool pump permit fee waiver; o Educational outreach including Sustainability Film Series, Arbor Day Celebration, school composting and gardening projects, "give aways" of energy and/or water efficient faucet aerators, compact fluorescent light bulbs. LED holiday lights, and organized events such as "Bike to Work Week", "Sustainability Week', "Electric Vehicle Fair" and others; • Citrus collection Benefit of HJ,Qher Density Mixed-Else and 1•Vlti+a Tllly program Developme6ts in achi ving the Palm $prings Path to a diverting surplus Sustainable d6imrnunity fruit from the Assembly Bill �2 and Serrate Bill 375 are among some of the landfill to those ( Statevvid poliCles to reduce greenhouse gasses in California in need of food, Locally, hies are adapting planning' policies to help meet the C) Blight reduction 'targets of Af332 and SP;375, including more efficient design That is being reduces;vehicle trips and the carbon footprint of residents. achieved Redevelootrient projects,,that result in hPgher density mixed use through free e- or muttifenllly land uses Caen be an important means to not Only waste and paper j achieve greenhouse gas reductions, but also.do so in a manner i recycling events which can be financially viable and appropriate for developed i up to 4 times i.:'.commerciai distri:ets and neighborhood$, per year diverting an ! This Implementation Plan incorporates several such higher estimated 12 density projects that can aid the City of Palm Springs achieve its i tons per event fair share of the responsibility for meeting AR32 and 5B375 i from the landfill, 00jeCtives. -------- -- 10 _... 1 � Five Year Implementation Plan FY:2009-10 through 2013-14 LL o Great American Clean Up held in May to remove blight from selected areas in the City; and o No cost for trash pick-ups throughout the community for 2 weeks each year to reduce dumping and blight. Redevelopment Policies Over the five year planning period, the Agency will incorporate energy-efficient design and construction products, as well as other national, state and local programs into its redevelopment and affordable housing projects as much as feasible. Presently, fourteen of the eighteen projects and programs planned in this Implementation Plan incorporate at least one specific feature that helps the City reduce carbon emissions, energy usage, or achieve other sustainability goals. _.._ 11 -.... 2G MERGED REDEVELOPMENT PROJECT AREA NO$. I &:2 FiveNoar implementation rr• • through 2013-14 PROPOSED REDEVELOPMENT PROGRAM Five Year Work Program for Reinvestment & Revitalization Over the next five years, the Agency plans to implement the following redevelopment projects and programs. The list below describes the projects proposed, what blighted conditions would be eliminated, approximate costs, and the Redevelopment Plan goals that would be achieved'. MERGED REDEVELOPMENT PROJECT AREA NO. 1 Preliminary Goals Project/Doscription Cost Estimates Achieved .... College of the Desert West Valley Campus $6,000,000 - In September 2007 the College of the Desert Board of Trustees $8.000,000 selected the City of Palm Springs as the city for their satellite campus for the Western Coachella Valley Education Center. The 0 119 acre site is envisioned to house the multi-functional College of INVEST the Desert West Valley Campus that will encompass three components: 1. College of the Desert program buildings that will be integrated with the recreational resources of the existing 10 James 0. Jessie Desert Highland Unity Center; Access 2. Commercially operated facilities for training, research & development, business incubation of "clean technologies" and a potential location for a Coachella Valley iHub; and 19 S. Green Park, a 60 to 70-acre site that will feature sustainable energy generating systems, and facilities for SUSTAIN research and development, teaching and learning. Green Park has the potential to generate energy for 2,600 homes and provide a revenue stream for College of the Desert and the campus from the sale of surplus energy. 0 The City's primary offer of financial support was to acquire the CLEAN project site from the Bureau of Land Management (BLM) and develop the initial campus framework, including athletic facilities and circulation infrastructure. These "threshold" improvements could be paid by the City through Quimby fees, private funds, 0 Community Development Block Grants (CDBG), the public art DEVELOP program, or the Agency. The City Council ("Council") made a commitment to the development of the campus which pledged the use of the existing James 0. Jessie Desert Highland Unity Center and Desert Highland Park as joint use facilities, including early use and pledging not less than 50 percent of its "Quimby" park improvement funds to the development of joint use athletic facilities on the site. Agency funds were committed for off-site improvements, including a portion of the construction cost of Sunrise Parkway. The Council also pledged to proceed diligently to seek regional funding sources for the roadway improvements, including Measure A funds and Transportation Uniform Mitigation Funds (TUMF). The Council pledged funds from its Public Arts Costs are subject to change, and completion of these projects may require future action by the Agency, �..._..�. 12 21 MERGED REDEVELOPMENT, PROJECT \ Five • \0" 2013-14 MERGED'REDEVELOPMENT PROJECT AREA NA,1 Preliminau Goals Project/Description Cost Estimates Achieved Program for the design, development, and construction of artistically-designed entry features, among other items. In addition, the City could commit a portion of its CDBG funds to the campus for single-year increments for discrete capital projects. (Highland Gateway). The campus would cost about $40 million and be fully operational by fall of 2014, according to current estimates. The campus will be designed and constructed in accordance with College of the Desert's recently adopted Policy on Sustainability Stewardship and move beyond simply living within available resources to a strategy of designing a holistic operating campus that is compatible and learns from our desert ecology. Completion of the project would improve public infrastructure, create new jobs, and will boost the local economy by attracting new businesses and residents to the area. Timeframe.............................................................2006-07 through 2011-12 Facade Improvement Program Unknown In January 2009 in response to a downturn of economic Since conditions and to encourage investments that contribute to the November overall revitalization in the Business Improvement District and 2008 the City CLEAN Ate Redevelopment Project Areas, the Agency launched the Facade Council has Improvement Program. The program provides grants of up to approved $2 $2,500 and matching funds of up to a maximum Agency Agenc y of contribution of $5,000, to downtown and uptown businesses to Agency improve the exterior of their buildings. These funds can be used funding to this for a number of exterior improvements including signs, awnings, program SUSTAIN canopies, shades, painting, landscaping or paving. Recently an addendum to the Facade Improvement Program Application has been made, adding an attachment encouraging businesses to implement sustainable practices such as using low VOC paint, salvaged lumber and desert friendly landscaping materials. Completion of this project will increase property values in the area and maintain existing jobs and the businesses contribution to the local economy. In addition, California Preservation Foundation and other agencies suggest that retrofit/renovation of sites is inherently sustainable as existing structures are enhanced rather than tearing down and building new developments. The Facade Improvement Program gives new life to existing development. Timeframe.........................................................2008-09 through Ongoing Y The Council has allocated $225,000 to be shared between Project Area Nos.7 and 2. Allocation for each Project Area has not been determined. ------------ --.........._'.3.- 2O MERGED REDEVELOPMENT PROJECT ••• 2013-14 MERGED REDEVELOPMENT PROJECT AREA NO.1 Preliminary Goals Project/Description Cost Estimates Achieved Port Lawrence Temporary Site Improvements and Long Term $90,000 for Redevelopment the temporary site The 4.1-acre site at the southeast corner of Alejo Road and Palm improvements Canyon Drive has been proposed for redevelopment as a mixed use project. The project has been postponed due to market Not yet defined crenN conditions and may be redeveloped under a different concept, for long term such as a boutique hotel or other mix of commercial/residential redevelopment use. In the interim, the City has implemented temporary site improvements to grade, landscape, and provide parking on the 0 site. Desert landscaping and pervious gravel parking has been SuSlAiN constructed in keeping with the City's commitment to sustainability. The contract was awarded in October 2009 and completed in early January 2010. (Central Business District) In the long term, when market conditions improve, the Agency will be involved with the project and participate financially through the provision of public improvements to support the ultimate development. It should also be noted that the Agency had previously owned a portion of the project site (Monte Vista Hotel) which was subject to Agency CC&R's at the commencement of the project. Completion of this near term project will help maintain the aesthetics of the area rather than a vacant and unmaintained parcel. Timeframe...........................................................2008-09 through 2013-14 - - ------ ............. 14 23 MERGIED :REDEVELOPMENT%VROJECT implementation:Five Year • MERGED REDEVELOPMENT PROJECT AREA NO,I Preliminary Goals Project/Description Cost Estimates Achieved Palm Canyon Theatre Fire Safety Improvements and Desert Arts $95,000 Center Upgrades The Agency budgeted $80.000 in FY 2009-10 for the installation 0 of fire sprinklers in the Palm Canyon Theatre to address fire safety INVEST issues and $15,000 for the replacement of structural columns at the exterior of the Desert Arts Center building. The Agency purchased the Frances Stevens Park, which includes the Palm Canyon Theatre and Desert Arts Center from the City in 2007 and is has invested approximately $400,000 on upgrades to the complex since the Fall of 2006. The investment of $400,000 in PRESERVE upgrades included the use of salvaged theater seating and water efficient low flow toilets and faucets in bathrooms. The Palm Canyon Theatre is leased to a local live theater group and is also used by the Palm Springs International Film Festival for the film festival in January, the short film festival in August, and throughout the year for film screenings. Work on the sprinkler system was completed in late 2009 and the upgrades to the Desert Arts Center are expected to be completed by the fall of 2010. Completion of this project will improve the safety and integrity of the structure. Timetra m e.............................................................................................2009-70 Rainmaker Fountain Lighting $7,500 The Rainmaker Fountain is a public art piece located at the northeast corner of Alejo Road and North Palm Canyon Drive at 0 the Frances Stevens Park. The fountain was constructed in 2001 INVEST and repairs were recently completed on the moving wands and pumps. The fountain is poorly illuminated at night and architectural lighting is needed to enhance the art piece which is at the northern gateway to downtown. The Agency plans to hire a landscape architect and lighting design consultant to prepare a detailed plan using energy-efficient lighting to accent the PRESERVE fountain. The cost for the lighting design is $7,500 and the construction cost is not yet known. Funding for this project will most likely be a combination of public art and redevelopment funds. 0 Completion of this project will enhance the artistic character of SUST MN the fountain and maintain the architectural continuity of the area. Timetrame..............................................................2009-70 through 2077-72 2 �� MERGED REDEVELOPMENT PROJECT •. :Five Year Implementation Planf-Y,2009-10 through 2013-14 MERGED REDEVELOPMENT PROJECT AREA NO,t Preliminary Goals Project/Description Cost Estimates Achieved Visitor's Center Lighting $20,000 (Design and The Palm Springs Visitor's Center is located at 2901 North Palm Construction) Canyon Drive at the former Tramway Gas Station building 0 designed by renowned architect Albert Frey. The City purchased INVEST the building in 2003 and extensive improvements were undertaken at that time. In 2008, the Agency purchased the property from the City. Due to problems with security and vandalism, the Agency hired a landscape architect/lighting design consultant to prepare a design of security/accent lighting of this historic building using energy-efficient LED lighting fixtures. The PRESERVE project was completed in April 2010. The source of funding for design of the project was the Agency and the construction of the project, was funded by the City of Palm Springs. Completion of this project will preserve the safety of visitors, protect the building and maintain the architectural continuity of SUSTAIN the area. Timefra me.............................................................................................2009-10 The Springs Shopping Center Remediation Payments $1,385,000 In February 2009, the Agency and Council approved the amendment to the Disposition and Development Agreement with Endure, LLC, formerly Geiger. LLC, authorizing the Agency to pay CLEAN $1,385,000 towards the $13 million in costs for remediation and monitoring of The Springs Shopping Center site, which was a Brownfield clean-up. Under the proposed amendment, the Agency would pay $277,000 a year for the next five years, starting in FY 2008-09 and ending in FY 2012-2013 investing towards the clean up of a former landfill site that has contributed SUSTAIN towards a healthier and more environmentally sound community. Timeframe........................................................... 2008-09 through 2072-73 ------- -..........--- 16............- -. 25 MERGED REDEVELOPMENT Five Year%Implementation Plan •• 2013-14 MERGED REDEVELOPMENT PROJECT AREA N0. I Preliminary Goals Project/Desc6pthon Cost Estimates AChheved I Museum Market Plaza Unknown A specific plan for the Museum Market Plaza has been adopted as the Design for Development of the Community Redevelopment Agency for an area of land within the "Focused Development Area CLEAN One" boundaries to facilitate and support the redevelopment of approximately 20 acres in the City's downtown core. Among the objectives stated in the specific plan are to reintegrate the site into the economic, social and environmental fabric of the downtown and to enhance the pedestrian environment and lower 0 dependence on cars by providing mixed-use (living, shopping and INVEST entertainment venues) in a central Ipcation. The architecture and construction activities and materials will use green buildings and alignment principles, as appropriate, including standards as defined in the Leadership in Energy and Environmental Design (LEED) Green Building standards for municipal buildings, to the greatest extent possible. The specific plan also encourages the SUSTAIN use of solar energy to supplement power to the development. The Agency's specific involvement and contribution is unknown at this time (Central Business District). Completion of this project will increase property values in the area, create new jabs, and will boost the local economy by attracting visitors to the area. Timetrame............................................................2009-70 through 2013-14 -- ------ 17 26 MERGED REDEVELOPMENT Five Year implementation Plan FY:2009-10 through 2013-14 MERGED REDEVELOPMENT PROJECT AREA NO,7 Preliminolry Goals Project/Description Cost Esorjw,etes Achieved Welwood Murray Library Remodel - Architectural De sign Services $160,000 (Design) The architectural design contract for the Complete remodel of the City-owned Welwood Murray Library to convert the building into a modern library facility was approved by the City Council on CLEAN December 2, 2009. The Agency will fund the architectural design with 2007 Redevelopment Bond Proceeds. A remodel/construction budget of $1,660,000 has been estimated for the project and the source of construction funding (whether Agency or City funds) has not yet been determined. The remodel 40 of the Welwood Murray Library has a target to meet Leadership in INVEST Energy and Environmental Design (LEED) standards, and includes the use of drought tolerant desert landscaping in courtyard planters, energy efficient lighting and use of daylighting. The remodel of the library is an investment in the City's assets and community amenities (Central Business District) and an example of a historic building being purposefully reused. is SUSTAIN Completion of this project will help maintain a community resource and will maintain the architectural continuity of the area. Timeframe.............................................................2009-70 through 2070-11 Total Preliminary Cost Estimate $7,757,500- 9,757,500 __ �. 18 __ .__----_...--._ 2'1 MERGED REDEVELOPMENT O w Five year Implementation Plan FY 2009-10 through 2013�14 MERGED REDEVELOPMENT PROJECT AREA NO,2, peejlrnlnary Goals Project/bescription C.OSt Estimates Achieved Mondria n Hotel Unknown The 200-room hotel is proposed to be built on 7.8-acres of City- owned land currently used for Convention Center parking as well 0 as a 2.64-acre allottee parcel. The Agency will work to develop DEVELOP replacement parking facilities. Construction is anticipated to begin in 2010. The Agency previously provided a financial contribution of $2 million for the hotel project. (Baristo-Farrell) 0 Completion of this project will create new jabs and will boost the INVEST local economy by attracting visitors to the area. Timeframe........................................................... .2006-07 through 2013-14 Facade Improvement Program Unknown In January 2009 in response to a downturn of economic Since conditions and to encourage investments that contribute to the November overall revitalization in the Business Improvement District and 2008 the City Redevelopment Project Areas, the Agency launched the Facade Council has CLEAN d appro ved Improvement Program. The program provides grants of up to $22 ove of $2,500 and matching funds of up to a maximum Agency Agency contribution of $5,000, to downtown and uptown businesses to funding to this improve the exterior of their buildings. These funds can be used program3 19 for a number of exterior improvements including signs, awnings, SUSTAIN canopies, shades, painting, landscaping or paving. Recently an addendum to the Facade Improvement Program Application has been made, adding an attachment encouraging businesses to implement sustainable practices such as using low VOC paint, salvaged lumber and desert friendly landscaping materials. Completion of this project will increase property values in the area and maintain existing jobs and the businesses contribute to the local economy. In addition, California Preservation Foundation and other agencies suggest that retrofit/renovation of sites is inherently sustainable as existing structures are enhanced rather than tearing down and building new developments. The FaI~ade Improvement Program gives new life to existing development. Timetrame.............................................................................................Ongoing 3 The Council has allocated $225,000 to be shared between Project Area Nos. 1 and 2. Allocation for each Project Area has not been determined. --....19 28 MERGED REDEVELOPMENT PROJECT AREA NOS. I & 2 Five Year implementation Plan:FY • A through MERGED REDEVELOPMENT PROJECT AREA NO.2 Preliminary Goals Prolect/Description Cost estimates Achieved Palm Springs Mall Unknown The new owners plan to add retail to the mall and carry out renovations to the building including potentially demolishing and rebuilding portions of the building. The owners have not yet DEVELOP asked for assistance; therefore, the Agency role has not been determined at this time. (Baristo-Farrell) Demolition and reconstruction of significant portions of the building will be subject to Building Codes and Standards that include the use of energy efficient construction materials, equipment, and fixtures. PRE$a9vE Completion of this project will increase property values in the area, maintain and increase existing jobs, align with the City's Sustainability goals and will contribute to the local economy. Titneframe............................................................2009-70 through 2013-14 0 INVEST 0 SUSTAIN Hard Rock Hotel $2,000,000 The 497-room Hard Rock Hotel is proposed to be built on Agency-owned land currently used for parking. The Developer will pay the Agency fair market value for the parcels. The Agency DEVELOP owns the 5.7-acre parcel that is approximately 60 percent of the project site, and will work on developing replacement parking facilities in the Convention Center area, The project is entitled, buL has been postponed by the Developer due to financing 0 challenges in the current market. However, the City of Pain INVEST Springs owns the rights to the Hard Rock name and the Agency is prepared to participate in this project when market conditions improve. (Tahquitz-Andreas) Hard Rock Corporate has set goals to provide high standards of architecture and environmental sust'ainability. Environmental SUSTAIN conservation is part of Hard Rock's corporate culture and partnering with them on this project will align with the goals and objectives of the City of Palm Springs' Path to Sustainability. Completion of this project will help create new jobs and will increase tourism and the economy of the City. TrmeFrame...........................................................2006-07 through 2013-14 - ------------- 2O ----------- ----- 29 ZMERGED RED eVELOPMENT ,. Five Year Implementation PianTY��2009-10 through�2013-14 MERGED REDEVELOPMENT PROJECT AREA NO.2 Preliminary Goals Project/Description Cost Estimates Achieved Remodel and Expansion of the Palm Springs Library Unknown In March 2008, the Board of Library Trustees of the City of Palm Springs recommended that the City Council approve designation 0 of remaining Community Redevelopment Agency's Tax Allocation ACCESS Bonds for the remodel and expansion of the Palm Springs Library. The Library was constructed in 1975, has infrastructure that needs updating and is lacking storage space, sufficient staff working areas, and requires upgrades to the public and staff areas for Americans with Disabilities Act (ADA) compliance and ergonomic 19 safety. The remodel of the library will also include energy SUSTANM efficiency improvements such as new windows with Low Emissivity (E) glass, replacement of existing heating, ventilation and air conditioning (HVAC) with a state of the art energy efficient system, the addition of solar panels on the rooftop to provide power for the building and installation of new carpeting, furniture, and paint using eco-friendly materials with low volatile organic compound (VOC) emissions. The total cost for renovation of the Library has been estimated at $18 million and will be developed under a phased approach. As funding and a phasing plan for the project is developed, the Agency will participate with available funding to assist with this project. Completion of this project will help maintain a community resource and will preserve the health and safety of library visitors. Timeframe............................................................2008-09 through 2073-74 Total Preliminary Cost Estimate $2.000,000 �....._... --- ----------------- _................ _.............-._21 ., MERGED REDEVELOPMENT PROJECT AREA NOS. 1 2 Five Year ImplementationVlan FY 2009-10 ...... ...... .......... ............ MERGED REDEVELOPMENT PROJECT AREA NOS.I OR 2 Preliminary Goals Project/Description Cost Estimates Achieved .. Palm Springs Animal Shelter $5,000,000 + A resolution was adopted in January 2008 by the City Council allowing the Agency to consider funding for all or part of the new Palm Springs Animal Shelter from the September 2007 INVEST Redevelopment Agency Tax Allocation Bond Issue. The proposed 19,800 square foot facility is being designed to meet Leadership in Energy and Environmental Design (LEER) Silver Standards. It will utilize recycled water, solar water heating and provide for on-site veterinary care of the animals. The amount of $5,000,000 would fund a significant portion, but not all, of the new shelter, if the access shelter could be developed on a parcel of City- or Agency-owned land or land obtained at a very low cost. The construction of the animal shelter would benefit both the Merged Redevelopment Project Area Nos. 1 and 2. The location of the animal shelter is unknown at this time as no site has been finalized. Completion of this project will provide a larger community facility St)$TA1N and will replace an existing facility. Timetrame...........................................................2008-09 through 2013-14 Total Preliminary Cost Estimate $5,000,000 ---22 31 IREDEVEL Five Ye r + 00 N PROPOSED AFFORDABLE HOUSING PROGRAM Five Year Work Program for Balanced communities Over the next five years, the Community Redevelopment Agency of the City of Palm Springs plans to implement the following affordable housing projects and programs. The list below describes the projects proposed, what blighted conditions would be eliminated, approximate costs, and the Redevelopment Plan goals that would be achieved. Additionally, the Agency has estimated the number of affordable units that may be assisted by each project and program listed. ................ AFFORDABLE HOUSING PROGRAM Preliminary Goals Project/Descriptign Cost Estimates Achieved Indian Canyon Drive/San Rafael Road Affordable Housing Site $3,040,000 Moderate Income Townhomes (ComDyn, LLC) The Agency purchased a 3.63-acre site from an affordable apartment developer in 2001 for $500,000 in order to build 0 LIVE multiple-family housing. In May 2008 the Agency approved an agreement with Community Dynamics of Santa Monica to develop the property and construct a new residential community on the parcel. The community will include 51 townhomes which will be sold to moderate income families that comprise a significant portion of the City's workforce. The proposed development will be architecturally integrated into the SUSTAIN existing neighborhood. The residential development will incorporate an aggressive green building program by incorporating elements to help achieve energy savings, water conservation, indoor air quality and recycling objectives. The buildings are anticipated to exceed Title 24 standards, and will feature photo-voltaic solar panels to power the common areas, as well as elements of sustainable design utilizing plants native to the Coachella Valley, drip irrigation and inorganic materials like decomposed granite, cobble and boulders to reduce water usage. The project will be 100 percent affordable to moderate income families, using down payment assistance plus other State programs to reduce the mortgage for buyers under 120 percent of annual median income. The average Agency subsidy per affordable unit would be $58,462. (Outside of Project Areas) Completion of this project will create affordable housing and incorporate green-building elements. Timeframe............................................................2008-09 through 2077-72 ----------- ---- -- ---- .. --- -........... 23 - 342 %MERGED REDEVELOPMENT PROJECT AREA NOS. 1 &2 FiveNbar Implementation Plan FY • 2013-14 AFFOROAD;I HOUSING PROGRAM Preliminary Ggals project/DesPription Coat 5stimates Adhl&ed Rosa Gardens Apartments $1.200.000 The Coachella Valley Housing Coalition (CVHC) is developing a 57-unit multiple-family apartment complex in the Desert Highland neighborhood. The complex consists of one to four bedroom 19 units and the amenities will include community room, laundry LIVE rooms, pool, playground and recreation areas. The project overall building design and materials are 20% above California's Title 24 Energy Standards. Green building practices and energy-saving designs that have been incorporated include: low flow plumbing fixtures, non-volitale organic compound (VOC) cabinets, energy efficient HVAC systems, drought tolerant landscape design, SUSTAIN energy star rated appliances, construction waste recycling, use of low VOC paints, energy efficient lighting and 75-year tile roofs. The project will be funded with a combination of Low Income Housing Tax Credits (LIHTC), MHP and HOME funds, and with CalHFA Bonds for construction financing as well as assistance from the Agency. The project will cost approximately $16 million to construct. All of the units will be restricted to very low and low income households. The Agency per unit subsidy will be approximately $21,000. (PA 1 - Highland-Gateway) Completion of this project would create affordable housing. Timeframe............................................................2008-09 through 2071-12 24 -----.. - 33 implementation:,MERGED REDEVELOPMENT PROJECT AREA NOS. I a 2 Five Year •• AFFORDABLE HOUSING PROGRAM Preliminary Goals Pro)ect/Description Cost Estimates Achieved Vista San Jacinto Apartments Unknown This project is a 73-unit multiple family residential rental project located on a 5.95-acre property (301 Rosa Parks Road). The development will be a mix of one, two, three and four bedroom L1ve units and will include typical site amenities such as a pool, community and service building, laundry and tot lots. The project overall building design and materials will be at least 15% above California's Title 24 Energy Standards. The project will incorporate green building practices and energy efficient design is such as: use of low VOC paints and building materials, permeable susTAM paving in parking areas, solar assisted hot water for the community laundry facilities, energy star appliances, high Seasonal Energy Efficiency Ratio (SEER) HVAC system and possibly the use of multi-zone system, the use of "living" walls to shade buildings and improve air quality, limited reuse of greywater for outside watering, use of drought tolerant desert landscaping, low flow plumbing fixtures, energy efficient lighting, tree-lined streets to provide shade on sidewalks, and building orientation to minimize east west windows with awnings or patio covers over south facing windows. The project will be financed through a combination of sources, Low Income Housing Tax Credits (LIHTC) through the California Tax Credit Allocation Committee (TCAC), tax-exempt bond financing authorized through the California Debt Limit Allocation Committee (CDLAC), and construction financing from the California Housing Finance Agency (CaIHFA) as well as State HOME dollars. (PA 1 - Highland Gateway) Completion of this project will create affordable housing. Timeframe............................................................2009-70 through 2013-74 Total Preliminary Cost Estimate $4,240,000 -------- --........I --..................... 25 � .-------- ------ 34 AFFORDABLE HOUSING PROGRAM COMPLIANCE OBJECTIVES Ten Year Outlook of Affordable Housing The CRL requires all redevelopment agencies to prepare and adopt affordable housing compliance plans on a ten year cycle, with updates corresponding with adoption of their five year implementation plans. The housing compliance plan must identify how a redevelopment agency will achieve the affordable housing production requirements for its redevelopment project area. The housing compliance plan must be consistent with the jurisdiction's housing element and must also be reviewed and, if necessary amended at least every five years in conjunction with the cyclical preparation of the housing element or the agency's five-year implementation plan. This section of the Implementation Plan, referred to as the "Housing Compliance Plan", addresses specific requirements in the CRL with respect to prior affordable housing activities and the anticipated housing program for the current ten-year period (FY 2004-05 to 2013-14) ("Compliance Period"). The Housing Compliance Plan amends the Affordable Housing Compliance Plan adopted in 2007 and presents an updated affordable housing plan through the duration of the Compliance Period. Additionally, the Housing Compliance Plan evaluates the Agency's affordable housing requirements for the next ten years (FY 2009-10 to 2018-19) and the life of the Redevelopment Plans. Affordable housing production statistics here have been aggregated from Merged Project Area Nos. 1 and 2. Section 33413(b)(2)(A)(v) of the CRL permits an agency to aggregate affordable housing Production needs among project areas, if the Agency conducts a public hearing and finds that.such aggregation will not exacerbate racial, ethnic, or economic segregation. Redevelopment agencies use implementation plans to establish ten year objectives to achieve compliance with State law in its affordable housing programs. These housing goals generally fall into three categories: • Housing Production - based on the number of housing units constructed or substantially rehabilitated over a ten year period, a redevelopment agency is to ensure that a percentage of these units are affordable to low and moderate income households. • Replacement Housing - another legal obligation for redevelopment agencies to ensure that any housing units destroyed or removed as a result of an agency redevelopment project are replaced within four years. • Expenditures by Household Types - specific requirements on the amount of housing set-aside funds an agency must spend over a ten year period on housing affordable to very low income households, low income households, and housing for residents under the age of 65, -------------- -2fi ..--------- 35 Housing Production This Housing Compliance Plan identifies all new residential construction or substantial rehabilitation that has occurred within the Project Areas since adoption of the Plans in order to determine affordable housing production needs. It accounts for past residential construction and substantial rehabilitation, and includes projects of new dwelling units that may be constructed or substantially rehabilitated during the current ten-year planning period which extends through June 30, 2014. Table 2 below summarizes the Agency's past production activities including the first five years of the current housing compliance period and identifies the projected production requirements for the Compliance Period and over the life of the Redevelopment Plans. Historical construction and substantial rehabilitation statistics were provided by the Agency. The number of affordable units required is based on statutory thresholds, and the Agency is responsible for ensuring that the appropriate number of affordable units is created during a ten year period. It should be noted that neither the housing units nor projections for future dwelling units include any units to be developed by the Agency. However, the Agency will Continue to cooperate with and provide assistance and incentives to private developers, in order to fulfill the Agency's affordable housing production requirements. Pursuant to Section 33413(b) of the CRI, not less than 15 percent of the units produced by persons or entities other than the Agency must be affordable to low and moderate income households. Not less than 40 percent of the required affordable units must be restricted for very low income households. The Agency's affordable housing production requirements are indicated in Table 2 below. In addition, to satisfy the Agency's production requirements, new or substantially rehabilitated units must have recorded 45-year income restrictions or covenants for rental units and 55-year income restrictions or covenants for owner-occupied units. The affordable housing units may be constructed inside or outside of the Project Areas, but units outside the Project Areas may only be counted on a 2-for-1 basis- The Agency may also purchase affordability covenants on very-low or low-income multifamily units. - -- ---------------27 _T.. 36 Housing Compliance P1 aft FY NN• 'N Table 2. Actual and Projected Houslrlg.Pr-oduction Need by Time Period Actual/Assumed Housing Units Required Affordable Constructed and Substantially Units Rehabilitated in Project Area Time Period No.14 NO. 25 Both Total Very Low Past 10 Years (1994-95 to 2003-04) 1,102 343 1.445 217 87 Ten Year Planning Period 1,903 653 2556 383 154 2004-05 to 2008-09 (Actual)' 593 304 897 135 54 2009-10 to 2013-14(Forecast)" 1,310 349 1.659 24.9 100 2014-15 to 2018-19(Forecast)',' 96 469 565 85 34 Redevelopment Plan Duration (1983-2033) 3.409 1,566 4,975 746 299 Notes: ' City of Palm Springs 2 Forecasts of housing production include projects that are either under review or have been approved by the Planning Department and may or may not be constructed. 'Plan durations vary by subarea. Refer to Table 1 for specific dates. 4 Includes Central Business District, Ramon-Bogie, South Palm Canyon,Oasis, North Palm Canyon, Highland Gateway, and Project No. 9 Project Areas Includes Tahquit2-Andreas, Barristo-Farrell, and Canyon Project Areas Source:City of Palm Springs. Planning and Period Production Needs Table 3 below summarizes the production goals over various time periods as required by the CRL. The number of affordable units required is based on statutory thresholds, and the Agency is responsible for ensuring that the appropriate number of affordable units is created during the Compliance Period. ........ ............... 28 ._�. 37 Table 3t Fulfillment of Affordable Housing Production Requirements.by.Time Period Time Period Units Required Units Produced Additional units Net surplus Units (from Table 2) Required Produced Total Very Low Total Very Low Total Very Low Total Very Low Past 10 Years 217 87 168 126 49 0 O 39 (1994.95 to 2003-04) Total Units Through 2003-04 82 107 10 Year Planning Period 3 (2004-05 through 2013-14) 83 154 127 97 256 58 0 0 2004-05 to 2008-09(Actua43 135 54 127 97 8 O 0 43 2009-10 to 2013-14(Projected) 249 100 0 0 249 100 0 0 Total units Through 2013.14 174 0 0 49 2014-15 to 2018-19(Projected) 85 34 0 0 85 34 0 0 Redevelopment Plan Duration (1983-2033)' 746 299 442 296 305 3 0 0 Notes: 'Plan durations vary by subarea. Refer to Table 1 for specific dates. The surplus affordable units in a 10-year period may be applied against the unit production requirements during the following ten-year compliance period,while any deficit affordable units must be first produced during the following ten-year 3The Projects producing these units include Vista sunrise, Coyote Run II,Desert Highland Infill,and Cottonwood/chuckwalla single family residential. Source,City of Palm Springs During the last 10-year Compliance Period (FY 1994-95 to 2003-04), the Agency was required to generate 217 affordable units of which 87 units needed to be restricted for very low income households. During this time 163 affordable units were produced of which 126 units were restricted for very low income households. There was a surplus of 131 affordable units and 67 very low units produced prior to 1994. The surplus of affordable units in a 10-year period may be applied against the unit production requirements during the following ten-year compliance period. Therefore, the Agency ended this 10-year Compliance Period with a Surplus of 82 affordable units and a surplus of 107 units restricted for very low income households. During the first five years of the current Compliance Period (FY 2004-05 through 2003-09), 897 units were produced in the Project Areas. As indicated in Table 2, the Agency was required to produce 135 affordable units and 54 very low income units. During this five year period, 127 affordable units were produced with 97 units restricted for very low income households. During the next five years of the current Compliance Period (FY 2009-10 through 2013-14) the Palm Springs Department of Planning Services anticipates 1,659 units to be produced in the Project Areas. This forecast includes market-rate and affordable projects that are currently under review by staff or have been approved and/or are under construction. Due to the downturn of the economy, many of the forecasted units are on hold and staff is uncertain whether all of these units will be produced in the next five to ten years. The Agency will continue to monitor the production of these units. If the actual production of units decreases from that of what is being forecasted, the number of affordable units and units restricted for very low incomes will decrease, Based on the 1,659 units anticipated to be produced over the next five years, 249 units would need to be affordable with 100 of these units affordable to very low income households. Fulfillment of the projected housing needs is anticipated to be accomplished through completion of the Indian Canyon/San Rafael project, Vista San Jacinto Apartments, and CVHC Rosa Gardens Apartments, which would yield 181 affordable units, including 130 units restricted for very low income households. The Agency will continue to pursue residential construction and revitalization opportunities, in an effort to address the identified affordable housing projection needs. _. 29-......_ 38 rr r r Replacement Housing Needs The CRL requires that whenever dwelling units that house low and moderate income households are destroyed as part of an Agency project, the Agency is responsible for ensuring that an equivalent number of replacement units are constructed or substantially rehabilitated. These units must provide at least the same number of bedrooms destroyed, and 100 percent of the replacement units must be affordable to the same income categories (i.e. very low, low, moderate) as those removed. The Agency receives full credit for replacement units created inside or outside of the Project Areas. According to Agency staff, no units have been destroyed by Agency activities. Additionally, no units are expected to be destroyed or removed as a part of an Agency project during the planning period or over the life of the Redevelopment Plans. Low and Moderate Income Housing Fund The Agency's primary source of funding for housing projects and programs is the annual deposit of the 20 percent of its tax increment revenue into the Low and Moderate Income Housing Fund ("Housing Fund"). The CRL requires that these funds be used to increase, improve, and preserve the community's supply of affordable housing available to persons and families of very low, low, and moderate incomes. Beginning July 1, 2009, the Agency had a Housing Fund balance of approximately $14,359,672. Projected annual housing set aside deposits from both Project Areas are anticipated to total approximately $18,830,165 over the next five years, exclusive of existing obligations and potential losses due to the State's proposed taking of redevelopment funds in the 2009-10 and 2010-11 fiscal years. Due to the State's effort to balance the FY 2009-10 State Budget, the legislators and the Governor approved budget bill ABX4-26 which authorizes $2.05 billion from local Tattle 4: Estimated pepoislts of Housing P=unds redevelopment funds, including $1.7 billion in FY 2009-10 and $350 million FY 2010-11 Estimated Housing Fund Deposit' to be paid to the County Supplemental Fiscal Year PA 1 PA 2 Total Educational Revenue Augmentation Funds 2009-10 $ 2,303,952 $ 1,279,116 $ 3,583,068 ("SERAF"). The Agency is required to 2010-11 2.361.991 1,310,775 3.672,766 make a payment of approximately $5 2011-12 2,421,176 1,343,055 3,764.231 million, with $4.2 million by May 10, 2010 2012-13 2.481.530 1.375.968 3,857,498 and $865,000 by May 10, 2011. ABX4-26 2013.14 2,643.075 1.409.527 3.952,602 provides that an agency may use certain Cumulative $ 18,830.165 funds allocable to the Housing Fund to make such payments, however those Notes: amounts are required to be repaid by the i end of the fifth fiscal year in which the Estimated Housing Fund deposits based on RSG Tax borrowing occurs or be subject to a 30 Increment Revenue Projections for the Project Areas, percent housing set-aside mandate for the remaining life of the Redevelopment Plans. Source:RSG Tax Increment Pro ections The Agency may utilize these provisions of "" "" � """ "-' ABX4-26 in making any required payments. The California Redevelopment Association ("CRA") filed a lawsuit challenging the SERAF payments in October 2009. The Agency will be monitoring this case to determine whether the payments will continue to be required. Targeting of Housing Fund Expenditures Effective January 2002, expenditure of housing set-aside revenues is subject to certain legal requirements. At a minimum, the Agency's low and moderate income housing set-aside ("Housing Fund") revenue is to be expended in proportion to the community's need for very low and low income housing, as well as the proportion of the low income population under the age of 65. New legal requirements took effect on January 1, 2006 that modified the previous limitations of spending _._-----.._ 30 39 Housing Fund monies on households under the age of 65. Section 33334.4(b) of the CRL used to require that an agency spend its Housing Fund monies "in at least the same proportion as the low- income population under age 65 bears to the most recent census." The new language provides a higher level of specificity to spend "in at least the same proportion as the number of low-income households with a member under age 65 bears to the total number of low-income households of the community as reported in the most recent census." The percentage of very low and low income household expenditure requirements are based on Southern California Association of Governments ("SCAG") Regional Housing Needs Assessment ("RHNA") requirements for the City of Palm Springs for the planning period of January 1, 2006 through June 30, 2014. The percentage of low income households under the age of 65 is based on Comprehensive Housing Affordability Strategy ("CHAS") reports of 2000 Census data as required by SB 527 adopted in 2005. Table 5 below presents the Agency's requirements from January 1, 2002 to June 30, 2014. based on the requirements from the two time periods. Table'5: Housing Expenditure Targeting Requirements Minimum Percentage of Housing Household Type Set-Aside Expenditures Between 2002 and 2014 Before 1/06 After 1/06 2 Households Under Age 65 73.8% 56.9% Very Low Income Households 25.5% 39.9% Law Income Households 17.3% 27.9% Notes: ' Prior to January 1, 2006. percentage targets for households under age 6S were based on total households, not just low income households. Prior to January 1, 2006, the breakdown of the City's Regional Housing Needs Assessment fair share goals included 25.5 percent to very low income households and 17.3 percent to low income households. 2 Effective January 1, 2006, AB 527 (Alquist)enacted a change to how expenditure targets to households under age 65 should be determined, specifically to limit the percentage to low income households in the community. As a result, the targets changed in 2006. However, because such data is not available directly from the Census, common practice is to use data for households under the age of 65 as reported in the Comprehensive Housing Affordability Strategy ("CHAS"). (http://socds.org/chax/index.htm) ' According to 2000 Census data, 31,578 of a total of 42,807 households (73.8 percent) are under age 6S. (www.census.gov) "Targets beginning January 1, 2006 based on CHAS data as shown. Source:CHAS, SCAG Between 2002 through 2005, Agency expenditures on non-senior housing were expected to be proportional to the prior requirement of 73.8 percent. The minimum non-senior housing expenditures beginning in 2006 is 72.3 percent of total Housing Fund expenditures. Over the last - 31 40' five years of the Compliance Plan period available Housing Fund revenue needs to be allocated based on these RHNA-based ratios. Housing Set-Aside Expenditures The proportionality requirements affect expenditures over a ten year period, although the law permits the compliance initially for a period beginning in January 2002 and ending in December 2014. The table below documents the amount of low and moderate income housing fund revenue used since January 2002 for these income categories and households under age 65' Table 6 Expenditure Targeting Status. Actual. and Planned Expenditures Very Low Low Households Total' Income Income Under Age 65 Expenditure Targeting Summary Actuals (2001-02 through 2008-09) $ 8,164,560 $ 4,491,922 $ 2,295,285 $ 6,538,612 Planned (2009-10 through 2013-14)2 4,240,000 1,200.000 - 4,240,000 Planning Period Projected Totals $12,404.560 $ 5,691,922 $ 2,295,285 $ 10.778,612 Planning Period Targets' 4.521,128 3,145,602 61259,459 Potential Surplus/(Shortfall) $ 1,170,793 $ (850,317)11 850,317) $ 4,519.153 Notes: ' Also includes moderate income household and senior housing expenditures which are not subject to proportionality requirements. Planned expenditures based on projects listed in FY 2009.10 Implementation Plan and are subject to change. 3 Targets based on estimates of planned expenditures and targets summarized in Table 5. Targets are subject to change based on actual expenditures. Source:City of Palm Springs California Department of Housing and Community Development Reports and estimated housing fund expenditures As Table 6 demonstrates, the Agency has expended $8,164,560 of Housing Fund monies between FY 2001-02 through 2008-09. During the next five years, FY 2009-10 through 2013-14, the Agency anticipates expending $4,240,000 on the Indian Canyon/San Rafael project, Vista San Jacinto Apartments, and CVHC Rosa Gardens Apartments, for very low and moderate income households and households under age 65. eased on these previous and anticipated expenditures, the Agency will have complied with and exceeded proportional spending targets for very low income households and households under the age of 65. The Agency continues to plan for more projects and programs, and intends to expend additional Housing Fund monies on projects and programs for low income households to comply with proportional spending targets. Family Units Assisted by Housing Set-Aside Fund State law also requires a recap of affordable housing projects for families (households under the age of (35) assisted by the housing set-aside fund over the past implementation plan period. The table below summarizes these statistics by project from FY 2001-02 through 2008-09. -.............._,. _-............32 41 in'FY rr• r Table 7: Units Assisted by Housing got-Aside Fund Units Assisted by Housing Set-Aside Fund Housing (FY 2001.02 through 2008-09) Set-Aside - _ Project Expenditures Very Low Low Moderate Total Family Projects $ 6,538,612 220 59 76 355 _ 80.1% Neighborhood Revitalization Program $ 1,271,572 48 19 19 86 Cottonwood/Chuckwalla 5FR 470,630 2 7 1 10 Desert Highland Infill 427,325 0 0 5 5 Coyote Run II 1,586,261 33 33 0 66 Vista Sunrise Special Needs 2.119.879 8o 0 0 80 Indian Canyon/San Rafael 415,263 0 0 51 51 Rosa Gardens Apartments 247.682 57 0 0 57 Senior Projects $ 1,625,948 95 216 53 364 19.9% Neighborhood Revitalization Program $ 458.305 32 7 2 41 Heritage Apartments 450,537 0 34 34 68 Sahara Mobile Home Park 400,000 63 64 0 127 El Dorado Mobile Home Park 317,106 0 Tl 17 128 Total $ 8,164,560 315 275 129 719 100.0% Source:City of Palm Springs Housing Units Constructed During Prior Implementation Plan Without Housing Set-Aside Funds. No funding sources other than housing set-aside funds were used by the Agency to construct affordable units featuring long term covenant restricted units (affordable units with covenants of at least 45 years for ownership housing or 55 years for rental housing). --------- 33 42 RESOLUTION NO. 1403 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE BUDGET FOR FISCAL YEAR 2010-11, AND OTHER SUCH MATTERS AS REQUIRED. WHEREAS, a budget for the fiscal year 2010-2011 has been prepared by the Community Redevelopment Agency, Director of Community & Economic Development, and the Agency Treasurer; and WHEREAS, the Community Redevelopment Agency has examined said budgets and conferred with the Community Redevelopment Agency Executive Director; and WHEREAS, the Community Redevelopment Agency, after due deliberation and consideration, agrees with the budget recommended; and WHEREAS, pursuant to Health & Safety Code Section 33334.3 (d), the Agency hereby finds and determines that the planning and administrative expenses to be paid from the Low and Moderate Income Housing Fund for each redevelopment project are necessary for the production, improvement or preservation of low and moderate income housing and are not disproportionate to the amounts budgeted for the costs of production, improvement or preservation of that housing; and WHEREAS, the Agency's planning and administrative expenses paid from the Low and Moderate Income Housing Fund for the production, improvement or preservation of low and moderate income housing pay for a portion of staff and legal costs necessary to facilitate new construction projects and administer individual rehabilitation and purchase programs, land and property acquisition and disposition, multi-government agreements, and bond issues related to low and moderate income housing. NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. That the budget in the amount of $23,422,793 be approved for the following purposes: Capital & Admin. Debt Service Merged Area No. 1 $ 1,263,287 $14,076,352 Merged Area No. 2 342,679 4,970,113 Low & Mod. Income Housing 2,684,059 0 Plaza Theatre 86,303 0 $ 4,376,328 $ 19,046,465 Resolution No. 1403 Page 2 Section 2. That the Finance Director of the City of Palm Springs is authorized to record the budget and such other accounting entries as may be necessary for proper accounting treatment in accordance with rules and regulations applicable to other City of Palm Springs funds. Section 3. That the Work Program for Low and Moderate Income Program in Fiscal Year 2010-2011 is as follows, including total Agency assistance committed: SERAF $864,927 Unscheduled Capital Projects $1,000,000 Riverside County Admin Fee $50,000 Section 4. That the accomplishments of the Low and Moderate Income Program in Fiscal Year 2009-2010 are as follows: • Rosa Gardens. Coachella Valley Housing Coalition (CVHC) completed loan closing for its $29.7M financing on this 57 unit apartment project, including tax credits and the Agency commitment of $1.6 million on Rosa Parks Blvd. Construction commenced early January 2010. • Indian Canyon For-Sale Green Affordable Townhouses. The Agency entered an Exclusive Agreement to Negotiate and Recoverable Grant Agreement with Community Dynamics of Santa Monica with subsequent Extension, for the construction of up to 53 moderate- income for-sale townhouses on the Agency's 3.6 acre site at North Indian Canyon Drive and San Rafael Road. • Palos Verdes Villas Apartment. The Agency approved the Subordination Agreement under the terms of the 1992 Owner Participation Agreement (OPA) and its Declaration of Covenants & Restrictions for the preservation of this 98-unit apartment complex through CaIHFA (California Housing Finance Agency) $4.5 million refinancing and extended affordability period to 2040. • Purchase & Sale Affordable Preservation. The Agency facilitated with local lender loan refinancing to prevent foreclosure proceedings and preserved the single-family unit within the Agency's affordability inventory. • Blighted Site Abatement. The Agency cleared site of debris and refuse on Agency-owned affordable parcels. Section 5. The Director of Finance is authorized and shall carry forward to the nearest dollar, as continuing appropriations from Fiscal Year 2009-10 to Fiscal Year 2010-11, the unencumbered balances of Fiscal Year 2009-10 project appropriations not yet completed, for the completion of such projects, as approved by the City Manager. Resolution No. 1403 Page 3 Section 6. The City Manager and City Clerk are hereby jointly authorized to execute any professional services or sponsorship contract specifically funded by the Fiscal Year 2010-11 Budget so long as such contract does not exceed the amount so funded. The authority to enter into agreements pursuant to this provision shall be deemed complementary to and consistent with the authority to enter into contracts provided in City Council Resolution No. 20271. Section 7. The Director of Finance is authorized, at the end of the Fiscal Year 2009-10 and Fiscal Year 2010-11 through the closing of the accounting records for each such fiscal year, to make and record appropriate transfers required to properly account for and balance activity accounts, prior to the completion of the fiscal year audit. ADOPTED THIS 2ND DAY OF JUNE, 2010. David H. Rea cutive Director ATTEST: (f.,"James Thompson, Assistant Secretary (-1-" CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1403 is a full, true and correct copy, and was duly adopted at a regular meeting of the Community Redevelopment Agency of the City of Palm Springs on the 2nd day of June, 2010, by the following vote: AYES: Agency Member Foat, Agency Member Mills, Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. mes Thompson, Assistant Secretary Community Redevelopment Agency City of Palm Springs, California RESOLUTION NO, 1404 RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS MAKING CERTAIN FINDINGS WITH RESPECT TO THE 2010-11 DEPOSIT TO THE LOW AND MODERATE INCOME HOUSING FUND. The Community Redevelopment Agency of the City of Palm Springs finds: A. The Community Redevelopment Agency of the City of Palm Springs (the "Agency") has two project areas, namely, Merged Project Area No. 1 and Merged Project Area No. 2 and that the Redevelopment Plans for Merged Project Area No. 1 and No. 2 recognize that the provision of low and moderate income housing outside of the merged project areas will be of benefit to the merged. B. Section 33334.3(i) of the Health and Safety Code of the State of California (the "Law") provides that redevelopment agencies with more than one project area may satisfy the requirements of Sections 33334.2 and 33334.6 of the Law by allocating, in any fiscal year, less than 20 percent in one project area, if the difference between the amount allocated and the 20 percent required is instead allocated, in that same fiscal year, to the Low and Moderate Income Housing Fund from tax increment revenues from other project areas. C. For the fiscal year 2010-11, the Agency desires to satisfy the requirement to deposit 20 percent of tax increment funds from Merged Project Area No. 2 to the Low and Moderate Income Housing Fund by depositing the required amount from tax increment revenues from Merged Project Area No. 1. D. Prior to allocating additional funds from Merged Project Area No. 1 to the Low and Moderate Income Housing Fund to satisfy the requirement to deposit such amount from Merged Project Area No. 2 tax increment revenues, the Agency shall make the finding that the use of the additional funds deposited will be of benefit to Merged Project Area No. 1. E. The Agency's Five-Year Implementation Plan described a need to create 256 affordable housing units between 2009-10 and 2013-14, including 58 very-low income units. F. The Agency has assisted the Vista Sunrise Special Needs Apartments, Coyote Run II Apartments, and Cottonwood/Chuckwalla single family residential project resulting in the creation of 156 affordable to low and very low income families over the previous 5 years; G. Additional affordable housing projects that have been proposed and will require Agency assistance are the CVHC Rosa Gardens Apartment Project and the Resolution No. 1404 Page 2 Vista San Jacinto Apartments, both located in Merged Project Area No. 1 and the Indian Canyon/San Rafael project, located outside of either Merged Project Area No. 1 or Merged Project Area No. 2. H. The three projects described in Finding G of this resolution, which are proposed to be funded in part with an Agency subsidy from the Low and Moderate Income Housing Fund, will result in the creation or preservation of 181 affordable units, including 130 units restricted for very low income households. I. The creation or preservation of any of the 51 affordable units outside Merged Project Area No. 1 will be of benefit to Merged Project Area No. 1 and the community and that tax increment revenue deposited in the Low and Moderate Income Housing Fund from Merged Project Area No. 1, which may be spent outside the boundaries of Merged Project Area No. 1, is of benefit to Merged Project Area No. 1. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, as follows: Section 1. Deposit. For Fiscal Year 2010-11, Merged Project Area No. 2 will not make a deposit of tax increment revenue to the Low and Moderate Income Housing Fund, such amounts to be allocated to and deposited from Merged Project Area No. 1 tax increment revenue. Section 2. Budget and Appropriate. The Agency's 2010-11 budget includes a combined $3,498,200 deposit to the Low and Moderate Income Housing Fund from Merged Project Area No. 1. Section 3. Effective Date. This resolution shall take effect from and after the date of approval and adoption thereof. ADOPTED THIS 2No DAY OF JUNE, 2010. ATTEST: David H. Ready tive Director ;' mes Thompson, Assistant Secretary Resolution No. 1404 Page 3 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1404 is a full, true and correct copy, and was duly adopted at a regular meeting of the Community Redevelopment Agency of the City of Palm Springs on the 2"d day of June, 2010 by the following vote: AYES. Agency Member Foat, Agency Member Mills, Agency Member Weigel, Vice Chair Hutcheson, Chair Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. J es Thompson, Assistant Secretary Community Redevelopment Agency City of Palm Springs, California c��a/2 f ° RESOLUTION NO. 1405 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT FOR THE SALE OF REAL PROPERTY AND ESCROW INSTRUCTIONS WITH CADENCE DEVELOPMENT, LLC FOR A PROPERTY AT 342 NORTH PALM CANYON DRIVE (CORK `N BOTTLE), MERGED PROJECT AREA NO. 1, FOR THE PURPOSE OF REHABILITATION AND RENOVATION, IN THE AMOUNT OF $585,000. WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, California ("Agency") is constituted under the 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, Section 33430 of the Community Redevelopment Law allows that an agency may, Afor purposes of redevelopment, sell, lease, for a period not to exceed 99 years, exchange, subdivide, transfer, assign, pledge, encumber by mortgage, deed of trust, or otherwise, or otherwise dispose of any real or personal property or any interest in property; and WHEREAS, Section 33432 of the Community Redevelopment Law requires that any such sale or lease shall be conditioned on the redevelopment and use of the property in conformity with the redevelopment plan; and THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Agreement for Sale of Real Property and Escrow Instructions with Cadence Development, LLC of DENVER, CO for a property at 342 North Palm Canyon Drive (Cork `n Bottle), Merged Area #1, for the purpose of rehabilitation and renovation, in the amount of $585,000, is hereby approved and incorporated herein by this reference. SECTION 2. The Executive Director, and/or his designee, is authorized to execute all necessary documents, in a form approved by the Agency Counsel. Resolution No. 1405 Page 2 ADOPTED THIS 21sT DAY OF JULY, 2010. David H. Read ive Director ATTEST: ' ames Thompson, Assistan�Secr�etary� CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1405 is a full, true and correct copy, and was duly adopted at a regular meeting of the Community Redevelopment Agency of the City of Palm Springs on the 21st day of July, 2010, by the following vote: AYES: Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: Agency Member Foat and Agency Member Mills. ABSTAIN: None. es Thompson, Assista+�t Secretary ommunity Redevelopment Agenc /�� raga City of Palm Springs, Califomia D RESOLUTION NO. 1406 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE DIRECT PURCHASE OF ONE 119.3+- ACRES OF LAND LOCATED AT THE NORTHWEST CORNER OF TRAMVIEW ROAD AND NORTH INDIAN CANYON DRIVE FROM THE BUREAU OF LAND MANAGEMENT FOR $2,102,000; APPROVING THE PROPERTY TRANSFER AND DEVELOPMENT AGREEMENT BETWEEN THE CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY AND THE DESERT COMMUNITY COLLEGE DISTRICT; AND APPROVING THE INITIAL STUDY NEGATIVE DECLARATION IN ACCORDANCE WITH THE CALIFORNIA ENVIRONMENTAL QUALITY ACT. WHEREAS, in September 2007 the Desert Community College District selected the City of Palm Springs proposal for the future site of the College of the Desert West Valley campus; and WHEREAS, the City of Palm Springs Community Redevelopment Agency committed significant financial and administrative support to the College, including the acquisition of the 119.3+- acre site from the United States Bureau of Land Management; and WHEREAS, the City of Palm Springs Community Redevelopment Agency is currently engaged in the acquisition process with the U.S. Department of the Interior, Bureau of Land Management, to acquire the land for the campus; and WHEREAS, the City of Palm Springs Community Redevelopment Agency and the Community College District negotiated a Property Transfer and Development Agreement, which commits the City/Agency to convey the property to the District at no cost, and allocate 50% of property tax revenues above the current level of property tax revenues that the City and Agency receive from Planning Areas 1, 3 and 5 of the proposed specific plan to the District for forty years beginning in the first fiscal year that classes commence on the Campus in permanent facilities in accordance with the Academic and Facilities Master Plan; and WHEREAS, the Property Transfer and Development Agreement is a "project" under the California Environmental Quality Act (CEQA); and WHEREAS, an Initial Study/Negative Declaration was prepared for the Property Transfer and Development Agreement in accordance with CEQA and the City's rules to implement it; and Resolution No. 1406 Page 2 WHEREAS, the City of Palm Springs Community Redevelopment Agency has had an ongoing commitment to the development of this area of the community with the replacement and improvement of infrastructure adjacent to the proposed campus site, as well as the development of housing and commercial projects; and WHEREAS, the City of Palm Springs has received universal endorsement and support from the business community and the Palm Springs public at large for the development of the College of the Desert West Valley Campus; and NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs Community Redevelopment Agency has maintained its support of the commitments made in its proposal to the Community College District to locate the College of the Desert West Valley Campus in Palm Springs and additionally offers the following: Section 1. The City of Palm Springs Community Redevelopment Agency hereby approves the direct purchase of 119.3+- acres located at the northwest corner of Tramview Road and North Indian Canyon from the United States Bureau of Land Management for $2,102,000. Section 2. The City of Palm Springs Community Redevelopment Agency hereby approves the Property Transfer and Development Agreement between the City/Agency and Community College District. Section 3. The City of Palm Springs Community Redevelopment Agency approves the Initial Study Negative Declaration in accordance with the California Environmental Quality Act. Section 4. The City of Palm Springs Community Redevelopment Agency authorizes the City Manager/Executive Director or his designee to execute all documents related to these actions. ADOPTED THIS 21ST DAY OF JULY, 2010. David H. Ready, E e Director ATTEST: )ames Thompson, Assistant Secretary Resolution No. 1406 Page 3 CERTIFICATION: STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm springs, hereby certify that Resolution No. 1406 is a full, true and correct copy, and was duly adopted at a regular meeting of the Community Redevelopment Agency of the City of Palm Springs on the 215t day of July, 2010, by the following vote: AYES: Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: Agency Member Foat and Agency Member Mills. ABSTAIN: None. mes Thompson, Assistant Secretary Community Redevelopment Agency City of Palm Springs, California e V �©"° RESOLUTION NO. 1407 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROPRIATING $2,102,000 FROM FUND BALANCE IN MERGED AREA PROJECT NO. 1. WHEREAS, Resolution No. 1403 approving the Budget for the Fiscal Year 2010- 2011 was adopted on June 2, 2010; and WHEREAS the Executive Director has recommended, and the Agency desires to approve certain amendments to the budget for Fiscal Year 2010-11, NOW THEREFORE THE AGENCY DETERMINES, RESOLVES AND APPROVES AS FOLLOWS: SECTION 1. The Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and Resolution No. 1403, adopting the Budget for Fiscal Year 2010-11 is hereby amended as follows: ADDITION(S): Fund Activity Account Amount 811 8191 65225 $2,000 Merged Area #1 Capital & Admin COD Capital Projects Area #1 Property Purchase SOURCE(S): Fund Activity Account Amount 811 29301 $2,000 Merged Area #1 Fund Balance Capital Projects SECTION 2. An original amount of $2,100,000 was appropriated in an action on January 20, 2010, by Resolution No. 1396, amending the budget for Fiscal Year 2009- 10. Resolution No. 1407 Page 2 ADOPTED THIS 21 ST DAY OF JULY, 2010. David H. Ready, Exec R?ec or ATTEST: _ y ames Thompson, Assistant Secretary CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1407 is a full, true and correct copy, and was duly adopted at a regular meeting of the Community Redevelopment Agency of the City of Palm Springs on the 215t day of July, 2010, by the following vote: AYES: Agency Member Weigel, Vice Chair Hutcheson, and Chair Pougnet. NOES: None. ABSENT: Agency Member Foat and Agency Member Mills. ABSTAIN: None. emes Thompson, Assistant 5ocretaryunity Redevelopment Agency , City of Palm Springs, California �� 410(o RESOLUTION NO. 1408 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2010-11 TO FUND THE FACADE IMPROVEMENT PROGRAM. WHEREAS, Resolution No. 1403 approving the Budget for the Fiscal Year 2010- 11 was adopted on June 2, 2010; and WHEREAS the Executive Director has recommended, and the Agency Board desires to approve, certain amendments to the budget for Fiscal Year 2010-11. NOW THEREFORE THE COMMUNITY REDEVELOPMENT AGENCY DETERMINES, RESOLVES AND APPROVES AS FOLLOWS: SECTION 1. The Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and Resolution No. 1403, adopting the Budget for Fiscal Year 2010-11 is hereby amended as follows: ADDITION(S): Fund Activity Account Amount 851 8201 49625 $100,000 Merged Area #1 Central Business City Loan Principal- Debt Service District Frances Stevens Park SOURCE(S): Fund Activity Account Amount 851 29301 $100,000 Merged Area #1 Fund Balance Debit Service PURPOSE: To supplement the funding of the Economic Recovery Plan. Resolution No. 1408 Page 2 ADOPTED THIS 28TH DAY OF JULY, 2010. David H. Ready ve-Director ATTEST: mes Thompson, Assistant Secretary .)�' CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1408 is a full, true and correct copy, and was duly adopted at a special meeting of the Community Redevelopment Agency of the City of Palm Springs on the 28th day of July, 2010, by the following vote: AYES: Agency Member Mills, Vice Chair Hutcheson, and Chair Pougnet. NOES: Agency Member Weigel. ABSENT: None. ABSTAIN: Agency Member Foat. mes Thompson, Assistant Secretary Community Redevelopment Agency City of Palm Springs, California RESOLUTION NO. 1409 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2010-11 TO FUND THE COMMERCIAL INTERIOR REMODEL PROGRAM. WHEREAS, Resolution No. 1403 approving the Budget for the Fiscal Year 2010- 11 was adopted on June 2, 2010; and WHEREAS the Executive Director has recommended, and the Agency Board desires to approve, certain amendments to the budget for Fiscal Year 2010-11. NOW THEREFORE THE COMMUNITY REDEVELOPMENT AGENCY DETERMINES, RESOLVES AND APPROVES AS FOLLOWS: SECTION 1. The Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and Resolution No. 1403, adopting the Budget for Fiscal Year 2010-11 is hereby amended as follows: ADDITION(S): Fund Activity Account Amount 851 8201 49625 $100,000 Merged Area #1 Central Business City Loan Principal- Debt Service District Frances Stevens Park SOURCE(S): Fund Activity Account Amount 851 29301 $100,000 Merged Area #1 Fund Balance Debit Service PURPOSE: To supplement the funding of the Economic Recovery Plan. Resolution No. 1409 Page 2 ADOPTED THIS 28TH DAY OF JULY, 2010. David H. Rea , xe ve Director ATTEST: )-- am�.es Thompson, Assistant Secretary CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1409 is a full, true and correct copy, and was duly adopted at a special meeting of the Community Redevelopment Agency of the City of Palm Springs on the 28th day of July, 2010, by the following vote: AYES: Agency Member Foat, Vice Chair Hutcheson, and Chair Pougnet. NOES: Agency Member Mills and Agency Member Weigel. ABSENT: None. ABSTAIN: None. ames Thompson, Assistant Secretary y Community Redevelopment Agency City of Palm Springs, California O$ Wzd�o RESOLUTION NO. 1410 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2010-11 TO FUND THE NEW RESIDENTIAL CONSTRUCTION INCENTIVE PROGRAM. WHEREAS, Resolution No. 1403 approving the Budget for the Fiscal Year 2010- 11 was adopted on June 2, 2010; and WHEREAS the Executive Director has recommended, and the Agency Board desires to approve, certain amendments to the budget for Fiscal Year 2010-11. NOW THEREFORE THE COMMUNITY REDEVELOPMENT AGENCY DETERMINES, RESOLVES AND APPROVES AS FOLLOWS: SECTION 1. The Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and Resolution No. 1403, adopting the Budget for Fiscal Year 2010-11 is hereby amended as follows: ADDITION(S): Fund Activity Account Amount 851 8201 49625 $400,000 Merged Area #1 Central Business City Loan Principal- Debt Service District Frances Stevens Park SOURCE(S): Fund Activity Account Amount 851 29301 $400,000 Merged Area #1 Fund Balance Debit Service PURPOSE: To supplement the funding of the Economic Recovery Plan. Resolution No. 1410 Page 2 ADOPTED THIS 28TH DAY OF JULY, 2010. r David H. Ready e Director ATTEST: ames Thompson, Assistant Secretary CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm Springs, hereby certify that Resolution No. 1410 is a full, true and correct copy, and was duly adopted at a special meeting of the Community Redevelopment Agency of the City of Palm Springs on the 28th day of July, 2010, by the following vote: AYES: Agency Member Foat, Agency Member Mills, Vice Chair Hutcheson, and Chair Pougnet. NOES: Agency Member Weigel. ABSENT: None. ABSTAIN: None. ;emes Thompson, Assistant.Secretary--unity Redevelopment Agency City of Palm Springs, California RESOLUTION NO. 1411 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, CONVEYING 119.3 ACRES OF LAND TO THE DESERT COMMUNITY COLLEGE DISTRICT FOR THE DEVELOPMENT OF THE DESERT WEST VALLEY CAMPUS. A6010 WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, California ("Agency") is constituted under the 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, in September 2007 the Desert Community College District ("District") selected the City of Palm Springs' proposed site for the West Valley College of the Desert Campus; and WHEREAS, the Palm Springs Community Redevelopment Agency ("Agency") committed significant financial and administrative support to the College, including the acquisition of the 119.3+/- acre site from the United States Bureau of Land Management; and WHEREAS, the Agency completed the acquisition process with the U.S. Department of the Interior, Bureau of Land Management; and WHEREAS, the Agency and the District negotiated a Property Transfer and Development Agreement ("PTDA"), which commits the City and Agency to convey the property to the District at no cost; and WHEREAS, the Agency has had an ongoing commitment to the development of this area of the community with the replacement and improvement of infrastructure adjacent to the proposed campus site, as well as the development of housing and commercial projects; and WHEREAS, the City of Palm Springs has received universal endorsement and support from the business community and the Palm Springs public at large for the development of the West Valley College of the Desert Campus; and WHEREAS, Section 33430 of the Community Redevelopment Law allows that an agency may, for purposes of redevelopment, sell, lease, exchange, subdivide, transfer, assign, pledge, encumber by mortgage or deed of trust, or otherwise dispose of any real or personal property or any interest in property; and Resolution No. 1411 Page 2 of 3 WHEREAS, the Agency has considered the staff report, and all the information, testimony and evidence provided during the Agency public meeting on November 3, 2010. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: SECTION 1. The above recitals are true and correct and incorporated herein. SECTION 2. Pursuant to the California Environmental Quality Act (CEQA), the Community Redevelopment Agency finds as follows: In connection with the approval of the PTDA, a Negative Declaration was prepared in compliance with CEQA, the State CEQA Guidelines and the City's CEQA procedures. The Community Redevelopment Agency finds that there are no changes in the effects of the proposed project or the circumstances in which it is being carried out, which require any modification of the Environmental Assess ment/Negative Declaration and finds that it adequately discusses the potential significant environmental effects of the proposed project (land use, traffic/circulation, parking, air quality, noise, aesthetics, geology/soils, water quality, drainage, public utilities, public safety, archaeological/historic resources and light and glare). The Community Redevelopment Agency further finds that the Environmental Assess ment/Negative Declaration reflects its independent judgment. SECTION 3. The Agency hereby finds and determines as follows: (a) The PTDA advances the purposes of the Community Redevelopment Law by reversing or alleviating any serious physical, social, and economic burden on the Community which cannot reasonably be expected to be reversed or alleviated by private enterprise acting alone. The conveyance of the property will facilitate the development and upgrade of the property, placing the property in the hands of a community college district which will bolster educational attainment in the City, and attract additional commercial development within the City, increasing the City's tax base. (b) The conveyance of the property advances the purposes of the Community Redevelopment Law by eliminating blight and promoting the health, safety and general welfare of the people of Palm Springs. SECTION 4. The proposed project is consistent with the Implementation Plan for Merged Redevelopment Project Area #1, insofar as this project will increase the City's economic base by developing a college campus and creating an architecturally inviting project adjacent to a significant community asset. Resolution No. 1411 Page 3 of 3 SECTION 5. The Agency hereby approves the conveyance of 119.3+/- acres located at the northwest corner of Tramview Road and North Indian Canyon Drive to the Desert Community College District. SECTION 6. The Agency hereby approves execution of a Grant Deed to record the land transaction between the Agency and the District. SECTION 7. The Agency authorizes the Executive Director or his designee to execute all documents related to these actions. ADOPTED THIS 3RD DAY OF NOVEMBER , 2010. ATTEST: David H. Ready, utive Director ;jmes Thompson, Assistant Secretary CERTIFICATION: STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency of the City of Palm springs, hereby certify that Resolution No. 1411 is a full, true and correct copy, and was duly adopted at a regular meeting of the Community Redevelopment Agency of the City of Palm Springs on the 3rd day of November, 2010, by the following vote: AYES: Agency Member Foat, Agency Member Weigel, Vice Chair Hutcheson and Chair Pougnet. NOES: None. ABSENT: Agency Member Mills. ABSTAIN: None. mes Thompson, Assistant Secretary Community Redevelopment Agency City of Palm Springs, California 0110 1201