HomeMy WebLinkAbout2/7/2007 - CRA RESOLUTIONS ' RESOLUTION NO. 1318
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING THE FIRST
AMENDMENT TO AN OWNER PARTICIPATION
AGREEMENT WITH MILLENNIUM HOUSING
CORPORATION.
WHEREAS, the Community Redevelopment Agency of the City of Palm Springs (the
"Agency") has established an affordable housing set-aside fund in accordance with
Section 33000 et. seq. of the California Health and Safety Code; and
WHEREAS, the funds are earmarked for the acquisition, construction, or rehabilitation
of affordable housing to benefit the community; and
WHEREAS, the Community Redevelopment Agency entered into an OPA with
Millennium Housing Corporation on June 5, 2002 for the purpose of facilitating a
schedule of rehabilitation improvements for the Sahara Mobile Home Park; and
WHEREAS, the Sahara Mobile Home Park at 1955 South Camino Real, is in significant
need of rehabilitation, including replacing the electrical system, installing a block wall
' and performing other improvements to the park; and
WHEREAS, approval of the first amendment to the OPA with Millennium Housing
Corporation will allow the Community Redevelopment Agency to loan an additional
$450,000 to Millennium for rehabilitation improvements to the Sahara Mobile Home
Park specifically to pay for the construction of a 6' block perimeter wall.
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The first amendment of the OPA is hereby approved.
SECTION 2. The Executive director or his designee is hereby authorized to execute all
documents related to the OPA amendment.
ADOPTED THIS 7th day of February, 2007.
David H. Ready, Exe uti�eU r ctor
ATTEST:
?Jmes Thompson, Assistant Secretary
Resolution No. 1318
Page 2
CERTIFICATION
STATE OF CALIFORNIA ) '
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Assistant Secretary of the City of Palm Springs, hereby certify
that Resolution No. 1318 is a full, true and correct copy, and was duly adopted at a
regular meeting of the City Council of the City of Palm Springs on the 7th day of
February, 2007, by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member
Mills, Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
?bes hompson, Assistant Secretary
nity Redevelopment Agency
alm Springs, California '
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RESOLUTION NO. 1319
A RESOLUTION OF THE. COMMUNITY REDEVELOMENT
AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AMENDING THE BUDGET FOR FISCAL YEAR 2006-07 FOR
ADDITIONAL UPGRADES AND REPAIRS TO THE HVAC
SYSTEM AT THE PLAZA THEATRE,
WHEREAS, Resolution No. 1301 approving the budget for the fiscal year 2006-07 was
adopted on the 7th day of June, 2006; 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 No. 1314 adopting the budget forthe fiscal year2006-07 is hereby amended as
follows:
SECTION 1. ADDITIONS
' Fund Activity Account Amount
$21 Building Repairs 8199-43050 $10,000.00
Purpose: To provide additional funds for building repairs for HVAC System at Plaza
Theatre.
SECTION 2. SOURCE
Fund Activity Account Amount
821 Fund Balance 29301 $10,000.00
Adopted this 7th day of February, 2007.
David H. Ready, Ezec�tive irector
ATTEST:
;jm_esThoo�mpson, Assistant Secretary
Resolution No. 1319
Page 2
CERTIFICATION ,
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Assistant Secretary of the City of Palm Springs, hereby certify that
Resolution No. 1319 is a full, true and correct copy, and was duly adopted at a regular
meeting of the City Council of the City of Palm Springs on the 7th day of February, 2007 by
the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member
Mills, Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None,
ABSTAIN: None.
.ta
es Thompson, Assistant Secretary
I�Ammunity Redevelopment Agency
city of Palm Springs, California
RESOLUTION NO. 1320
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING NEXUS
COMPANIES AS THE DESIGN PARTNER IN THE DESIGN
FOR DEVELOPMENT MASTER PLAN PROCESS.
BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm
Springs that the Nexus Companies of Santa Ana, California is approved as design
partner in the Agency's "Design for Development" Master Plan process,
ADOPTED this 7�h day of March, 2007.
David H. Ready, cu ' irector
ATTEST:
es Thompson, Assistant Secretary
' CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Assistant Secretary of the City of Palm Springs, hereby certify
that Resolution No. 1320 is a full, true and correct copy, and was dul� adopted at a
regular meeting of the City Council of the City of Palm Springs on the 7t day of March,
2007 by the following vote:
AYES' Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
and Vice Chair Pougnet.
NOES: None.
ABSENT: Chair Oden.
ABSTAIN: None.
es Thompson, Assistant Secretary
ommunity Redevelopment Agency
' City of Palm Springs, California
' RESOLUTION NO. 1321
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AMENDING THE BUDGET FORTHE FISCALYEAR 2006 07.
WHEREAS Resolution 1301 approving the budget forthe fiscal year2006-07 was adopted
on June 7, 2006; and
WHEREAS the Executive Director has recommended, and the Agency 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 1301, adopting the budget for the fiscal year 2006-07 is hereby amended as
follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
' No, 001 12416
General Fund Redevelopment
Agency Loans $545,000
Receivable
Purpose: New loan to Merged Area #2 Capital & Admin to cover on-going costs.
SECTION 2. SOURCE Merged Area #2 is concurrently repaying $545,000 in
Loans from the General Fund.
Fund Activity Account Amount
No. 812
Merged Area #2 29301
Capital & Admin Fund Balance $545,000
Resolution No. 1321
Page 2
ADOPTED THIS 7ch day of March, 2007. '
David H. Ready, Ex ecu hector
ATTEST:
?esThompson, Assistan Secretary
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Assistant Secretary of the City of Palm Springs, hereby certify
that Resolution No. 1321 is a full, true and correct copy, and was duly adopted at a '
regular meeting of the City Council of the City of Palm Springs on the 7th day of March,
2007, by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
and Vice Chair Pougnet.
NOES: None.
ABSENT: Chair Oden.
ABSTAIN: None.
mes Thompson, Assistant Secretary
Community Redevelopment Agency
City of Palm Springs, California
RESOLUTION NO. 1322
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AMENDING THE BUDGET FOR THE FISCAL YEAR
2006-07.
WHEREAS Resolution 1301 approving the budget for the fiscal year 2006-07 was adopted
on June 7, 2006; and
WHEREAS the Executive Director has recommended, and the Agency 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 1301, adopting the budget for the fiscal year 2006-07 is hereby amended as
follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
No. 001 12416
General Fund Redevelopment
Agency Loans $1,466,785
Receivable
Purpose: 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
Merged Area #1 29301
Capital & Admin Fund Balance $1,466,785
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Resolution No. 1322
Page 2
ADOPTED THIS 7" day of March, 2007. ,
David H. Ready, Exec i irector
ATTEST:
/ les Thompson, Assistant Secretary
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Assistant Secretary of the City of Palm Springs, hereby certify
that Resolution No. 1322 is a full, true and correct copy, and was duly adapted at a '
regular meeting of the City Council of the City of Palm Springs on the 7t" day of March,
2007, by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
and Vice Chair Pougnet.
NOES: None.
ABSENT: Chair Oden.
ABSTAIN: None.
J mes Thompson, Assistant Secretary
Community Redevelopment Agency
City of Palm Springs, California
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' RESOLUTION NO. 1323
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA,
ORDERING THE TERMINATION OF THE DISPOSITION AND
DEVELOPMENT AGREEMENT BETWEEN SCHLPS, LLC,
AND THE COMMUNITY REDEVELOPMENT AGENCY DATED
SEPTEMBER 19, 2001, AS AMENDED BY THE FIRST
AMENDMENT DATED NOVEMBER 5, 2002,AND ASSIGNED
TO FAIRFIELD RESORTS, INC. (NOW KNOWN AS
WYNDHAM VACATION RESORTS, INC.) PURSUANT TO AN
ASSIGNMENT AND ASSUMPTION AGREEMENT AND
CONSENT OF AGENCY DATED FEBRUARY 26, 2003,
SUBJECT TO THE CONDITION THAT THE TERMINATION
SHALL BECOME EFFECTIVE UPON THE CLOSE OF THE
SALE OF THE PROPERTY FROM WYNDHAM VACATION
RESORTS, INC. TO THE TRAILS AT PALM SPRINGS, LLC,
The Community Development Agency of the City of Palm Springs, hereby resolves:
Section 1. Order the termination ofthe Disposition and Development Agreement between
SCHLPS, LLC, and the Community Redevelopment Agency dated September 19, 2001, as
amended by the First Amendment dated on November 5, 2002, and assigned to Fairfield
Resorts, Inc. (now known as Wyndham Vacation Resorts, Inc.) pursuant to an Assignment
and Assumption Agreement and Consent of Agency dated February 26,2003, subject to the
condition that the termination shall become effective upon the close of the sale of the
property from Wyndham Vacation Resorts to The Trails at Palm Springs, LLC, and City
approval of a development agreement or other entitlements forthe development of the site
for the benefit of the Trails at Palm Springs or its successor or designee.
Section 2. Authorize the Executive Director to execute appropriate releases and other
documentation, including the Declaration of Covenants, Conditions, and Restrictions dated
April 7, 2003, between SCHLPS, LLC, the Agency, and the City, Paragraphs 1 --3, 5, and 8
of the Grant Deed dated April 7, 2003 from the Agency to the SCHLPS, LLC, and such other
covenants and restrictions as Agency Counsel may approve or recommend as reasonably
necessary to evidence the termination of the Disposition and Development Agreement as
conditioned above.
ADOPTED THIS 7th day of Marc 7.
David H. Ready, Executi erector
ATTEST:
' mes Thompson, Assistant Secretary
Resolution No. 1323
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.1323 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 7t" day of March, 2007, by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
and Vice Chair Pougnet.
NOES: None.
ABSENT: Chair Oden.
ABSTAIN: None.
mes Thompson, Assistant Secretary
Community Redevelopment Agency
City of Palm Springs, California
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RESOLUTION NO.1324
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, ADOPTING AND APPROVING A
FIVE YEAR IMPLEMENTATION PLAN AND TEN YEAR
HOUSING COMPLIANCE PLAN FOR THE PALM SPRINGS
MERGED REDEVELOPMENT PROJECT AREA NUMBERS
NO. 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 No. 1 and Merged Redevelopment Project 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
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 2004-05 to 2008-
09 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; and
' WHEREAS, the Agency has conducted a duly noticed public hearing on the proposed
Implementation Plan and proposal to aggregate housing production needs related
thereto.
Resolution No, 1324
Page 2
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS '
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Five Year Implementation Plan and Ten Year Housing Compliance
Plan for Merged Project Area Number 1 and 2 is hereby authorized and approved.
SECTION 2. This approval and adoption of the 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 4th day of April, 0
David H. Ready, Executi ctor
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. 1324 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 4ch day of April, 2007, by the
following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
es Thompson, Assistant Secretary
ommunity Redevelopment Agency '
City of Palm Springs, California
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FIVE YEAR IMPLEMENTATION PLAN
COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS
2004.05 THROUGH 2008-09
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Adopted , 2007
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
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Five Year Implementation Plan
2004-05 through 2008-09
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ABOUT THIS IMPLEMENTATION PLAN
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i In fulfillment of Article 16.5 of California Community Redevelopment Law ("CRL"), the Community
Redevelopment Agency of the City of Palm Springs ("Agency")has prepared this Implementation Plan for
the Palm Springs Merged Redevelopment Project Areas Nos. 1 and 2 ("Project Areas")- Included In this
document are the Agency's anticipated redevelopment and affordable housing programs for 2004-05
through 2008-09. This 2004-05 to 2008-09 Implementation Plan overlaps with the previous
Implementation Plan period of 2001-02 to 2005-06 by two years. The Agency has reset the period of this
Implementation Plan in order to parallel the Agency's Ten-Year Affordable Housing Compliance Plan
period, which is from 2004-05 to 2013-14. The Implementation Plan document conforms to the City of
Palm Springs General Plan and has been prepared according to guidelines established in the programs
and goals outlined in the Housing Element of the General Plan.
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Contents
About this Implementation Plan...................................................................................—A
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Contents.. .... ..... ...................................................... ...... .................... ...... ......--- ---1
Aboutthe Project Area......--...................................................---......................... ......2
Summary of Projects Listed in the Five Year Implementation Plan................... ......5
Redevelopment Plan Goals..............................................................................................5
Proposed Redevelopment Programs..............................................................................9
Proposed Affordable Housing Programs......................................................................25
Housing Program Compliance Objectives....................................................................27
Housing Production. ........... .. ......... ..................... ---- .. .. ........ ...................... ..27
Replacement Housing. ............................................ ...... ............... .....................----..30
Expenditures by Household Types
APPENDIX: Recent Redevelopment Accomplishments...........................-------.........A-1
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Page 1
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation plan i
2004-05through 2008-09
ABOUT THE PROJECT AREA
Palm Springs was established as a city in 1938, 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 Il, experiencing rapid development in housing and businesses. A
checkerboard pattern of growth developed because nearly 32,000 acres of land were transferred to the
Agua Caliente Band of Cahuilla Indians in the 1870s and allotted in the 1950s. This pattern of growth is
still evident today-
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The City Council established the Community Redevelopment Agency ("Agency") on August 14, 1972 by
adoption of Ordinance No. 929, It was formed to address conditions of physical and economic blight in
selected portions of the city, beginning with the Central Business District in 1973, The Agency originally
established ten redevelopment project areas throughout the city, which were later merged into two
Merged Project Areas("Project Areas"). The Merged Project Areas contain the ten original sub-areas and
comprise 3,079 acres of Palm Springs("City") The map below depicts the location of the Project Areas.
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Redevelopment
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Project Areas: ;
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rr„ Merged Project Area I
1-Central Business
RKo`Ja o'°°POAD District
' 2-South Palm Canyon
�sucwmo 3-Ramon-Bogie
4-Oasis
- - 5-North Palm Canyon
6-1-lighland-Gateway
7-Project Area#9
Merged Proiect Area II
8-Barlsto-Farrell
9-Canyon
a ut W 10-Tahgwtz-Andreas
��� 1'f111ill.4.- li
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E. PALM
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REEEVELOPMENT PLAN GOALS Page 2
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 4 $ 2
Five Year Implementation Plan
2004-05 through 2008-09
Each sub-area and Its plan limits are listed in the table below and presented in the map on the previous
page. The Agency works continuously to revitalize these neighborhoods. Long-term revitalization
activities are guided by Redevelopment Plans for each Project Area ("Redevelopment Plans").
Redevelopment projects in the Project Areas include improvements to public facilities and infrastructure,
renovation and construction of affordable housing, and partnerships with private industries to create jobs
and expand the local economy. This Implementation Plan focuses on specific redevelopment goals and
programs sought for the next five years.
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Redevelopment Plan Limits
Merged Redevelopment Project Areas No. 1 G 2
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Project Area Adoption Date Plan Duration Plan Termination Tax Increment
(See Note) Date Terminates
Merged Area No.1
Central Business District 0711 V73 41 Years 07/11114 07/11/24
Ramon-Bogie 11/30183 41 Years 11/39f24 11/30/34
South Palm Canyon 11/30183 41 Years 11/30124 11/30/34
Oasis 07JI0184 41 Years 07/10/25 07/10/35
North Palm Canyon 09/19/134 41 Years 09119125 09/19/35
Highland-Gateway 11/20/84 41 Years 11/20/25 11/20/35
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Citywlde Project No.9 12/29/88 41 Years 12/29/29 12/29/39
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Merged Area No.2
Tahquitz-Andreas 07/19/83 41 Years 07/19/24 07/19/34
Baristo-Farrell 05/07/86 41 Years 05107/27 05/07/37
Canyon 07/19/91 41 Years 07/19/32 07/19142
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Note, As amended by Ordinance Nos. 1649-1650,May 5,2004
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REOEv2LOPMENT PLAN GOALS Page 3
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2 ,
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Five Year Implementation Plan
2004-05 through 2008-09
The following tables give a summary of the land use and racial composition within the Project Areas
compared to the rest of the City. The percentage of non-residential uses within the Project Areas is
higher than that of the City as a whole. Miscellaneous land uses include uses such as open space,
recreational space, and the airport.
Land Use
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Inside the Project Areas City Wide
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LAND USE Ind. LAND USE Pub.
Pub. Mist. 37a� 1%
❑t°/r 16°/ 1 lli&� Alis.�Cam. s
Ind. - "n.,
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3%
� Com.
j 20°/. ,� y Y. .. ..
.A W
i . . Res. {`Ip' 62% m'al;Ji-tiwYr — Res.
u did it it 920/.
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The Project Areas have a similar racial composition to the City as a whole, with the exception of a larger
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Latino population by 13 percent and lower White population by 11 percent.
Race
Inside the Project Areas City Wide
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Blatt RACE
x% Other Black RACE Other
( 2% 4% _( 2%
Asian � Fvian
4%
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Latino �
whllo 24%
Latino 54%
37% .white j
68% I
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REOEVELOPMENT PLAN GOALS Pare-4
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
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SUMMARY OF PROJECTS LISTED IN THE FIVE YEAR
IMPLEMENTATION PLAN
The following table summarizes the past and future redevelopment and affordable housing projects that
are listed in this report. The projects are grouped into four focus areas that have been developed to
guide future redevelopment activities in conjunction with larger planning objectives for the City.
Descriptions of all proposed projects begin on Page 9. Descriptions of all completed projects are
provided in the Appendix.
PROJECT SUMMARY TABLE
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SUNRISE GATEWAY FOCUS AREA
Project(Merged Project Area) Status Ref.Page Agency
Contribution
1. Vista Sunrise Street Improvements Ongoing 9 $125,000
(1
2. San Rafael Widening(new)(1) New 10 $50,000
3. College of the Desert West Valley New 10 $4.000.000
Cam us 1)
4. Garden Springs Apartments Site New 25 $1,000,000
(Indian/San Rafael) 1
+ 5. Coachella Valley Housing Coalition New 25 $1,200.000
CVHC /Las Vegas Road Apts. f
6. Desert Highland Homebuyer Ongoing 26 $450.000
Assistance 1
7. Radio Road Phase II Street Complete A-1 $65,000
j Improvements 1
8. Desert Highland Land Exchange for Complete A-1 $0
Market Rate Housing 1)
9. Desert Highland Single Family Complete A-1,A-6 $272,000
Homes Land Assembling 1
10. Vista Del Monte Senior Housing (1) Complete A-2,A-6 Land
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11. Burnett DDA—K Hovnanian Four Ongoing A-2,A-7 SO
Seasons 1
12, Vista Sunrise Special Needs Complete A-2,A-6 S1,705,000
Apartments(Rick Weiss Apartments) I
13. Coyote Run II Apartments (0) Complete A-6 $1,570,000
14. Santiago Sunrise Village Mobile Complete A-7 $392,000
Home Park(0)
15. Sunrise Norte Residential Complete A-7 $0
Subdivision 0
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(1) Merged Area#1
(2) Merged Area#2
(0) Outside Redevelopment Protect Areas
REDEVELDP6IENT PLAN GOALS Page 5
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 7 & 2
Five Year Implementation Plan
2004-05 through 2008-09
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j DOWNTOWN FOCUS AREA("Design for pevele ment"Area and Adjacent Palm
Project(Merged Project Area) Status Ref. Page Agency
Contribution
1. Preservation of Convention Center Ongoing 11 $500.000
View/Triangle Parcel 2
2. Downtown"Design for Development" Ongoing 12 Unknown
Master Planner and Developer 1 &2
3. Part Lawrence Project(1) New 13 $0
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4. North Palm Canyon/Stevens Roade New 14 $p
Mixed Use Project 1
5. The Palm Springs Mall(2) New 14 $0
6. EI Morocco Redevelopment/Purchase Ongoing 15 $585.000 j
of Cork`n Bottle Bui[din /Gre hcund-
7. Palm Canyon Theatre Renovation (1) Ongoing 16 $100.000 j
8. Movie Colony Traffic Calming Program Ongoing 16 s0
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9. Demolition of the Former Desert Hole[ Ongoing 17 $245,000
and Reuse of Site 1)
10. Hard Rock Hotel (2) Ongoing 17 $2,000,000
11. Westin Hotel (2) Ongoing 17 $2,000,000
12. Palm Hotel OPA(1) Ongoing 18 $0
13_ Star Canyon Resort/Fairlield (1) Dngoing 19 $0
14. Hotel and Downtown Parking Study(1) New 19 $100,000
15_ Downtown Palm Tree Well Project(1 & Ongoing 2D $27,000
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16. Tahquitz Court Housing (0) Ongoing 26 $1,500,000
17. Frances Stevens Park(1) Ongoing A-2 S100,000
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18. Plaza Theatre(1) Ongoing A-2 $80.000
19, Casino DDA(2) Complete A-3 $p j
� 20. Main Street Food Court(1) Complete A-3 $0
21. Stein Mart OPA i
( ) Complete A-3 $100,000
22. Vons Center Land Purchase and Vons New 14,A-3 $350,000
Shopping Center 2 'i
23 Uptown Street Lighting(1) Ongoing A-3 $200,000
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REDEVELOPMEN r PLAN GOALS Page 6
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 7 & 2 '
Five Year Implementation Plan
2004-05 through 2008-09
DOWNTOWN FOCUS AREA("Design for Development"Area and Adjacent Palm Canyon
Drive Corridor)continued
Project(Merged Project Area) Status Ref.Page Agency
Contrihution
24. Henry Frank Arcade Lot Parking Complete A-3 S350,000
Improvements 1 _
26. East Tahquitz Lighting Program (2) Ongoing A-4 $101.249
26_ KFC Public Improvements(1) Complete A-4 $75,000
27_ North Palm Canyon Drive/Desert Complete A-4 $300,000
Fashion Plaza Street Improvements(1)
28. Indian Canyon Drive Two-Way Traffic Complete A-4 $260,000
Improvements 1
29. Ralphs Shopping Center Street Complete A-4 $350,000
Improvements 2
16. Desert Shadows Inn Street Complete A-4 $185.000
Improvements 1
17. Palm Springs Senior Apartments (2) Complete A-5,A-7 $0
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18. Heritage Apartments (2) Complete A-0,A-7 $450,000
BIG BOX RETAIL ATTRACTION FOCUS AREA
Project(Merged Project Area) Status Ref. Page Agency
Contribution
1. Market Fair Project(1) New 21 Unknown
2, Indian Oasis Resort(1) Ongoing 21 Unknown
3. The Springs Shopping Center(1) Ongoing 22, A-5 $0
4. Tahquitz Creek Golf Resort(0) New 22 Unknown
5. Mesquite Avenue Median and Road Complete A-5 $289,000
Improvements 1)
6. El Dorado Mobile Home Park Complete A-7 $270.000
Assistance 0
CANYON FOCUS AREA
Project(Merged Project Area) Status Ref.Page Agency
Contribution
1. VIP Motors DDA(1) Ongoing 23 $1.700,000
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2. South Palm Canyon Flood Control Ongoing 24 $2,033.750
I 2
3. South Palm Canyon Widening (2) Ongoing 24 $1,000.000
1
4. Sahara Mobile Home Park Ongoing 26 $450.000
Improvements 0
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REDEVELOPMENT PLAN GOALS Page 7
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
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Five Year Implementation Plan
2004-05 through 20OM9 j
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REDEVELOPMENT PLAN GOALS
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The Redevelopment Plans for the Project Areas establish a variety of goals for redevelopment of each
constituent Project Area. These goals 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 Areas Nos. 1 and 2 and their subareas are consolidated and summarized below.
Eliminate Blight. Eliminate deteriorating 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
"v"" are safe for people and businesses to occupy.
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Protect and Enhance Community Character. Preserve artistically, architecturally, and
historically worthwhile structures and sites and upgrade urban design standards to provide
rree:e"ve unity and to encourage community identity.
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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
mvcsr assist and encourage 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
Ace�t� traffic circulation. Develop emergency, cultural, recreational, maintenance, operational, and
other services and 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,
eaow redesign,and development of undeveloped areas which are stagnant or improperly utilized.
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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
UVII
owners and tenants as required by law.
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All redevelopment activities are pursued with the intention to seek communitywide benefits that create a
more cohesive and unified community by strengthening the physical, social, and economic ties between
various land uses. The Agency encourages community and property owner involvement and citizen
participation in the adoption of policies, programs, and projects so as to ensure that the Redevelopment
Plans are implemented in accordance with the objectives and goals of the General Plan_ As necessary,
jthe Agency encourages the coordination, cooperation, and assistance of other local agencies to ensure
that projects are implemented to their fullest and most practical extent.
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REDEVELOPMENT PLAN GOALS Page 8
• ■ •
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j PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
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Five Year Implementation Plan
2004-05 through 2008-09
PROPOSED REDEVELOPMENT PROGRAMS
Over the five year planning period, the Agency plans to implement the following redevelopment projects
and programs. The list below describes the projects proposed, the blighting conditions that would be
eliminated, approximate costs', and the Redevelopment Plan goals that would be achieved. The
proposed projects are grouped into four focus areas that have been developed to guide future
redevelopment activities in conjunction with larger planning objectives for the City. The summary table on
pages 5-7 list and describe past and future redevelopment projects undertaken by the Agency that are
documented in this Five Year Implementation Plan.
SUNRISE GATEWAY FOCUS AREA
Located in the northern part of Palm Springs, this focus area
serves as a gateway to the City. It includes the Palm Springs
Visitors Center and is mainly comprised of residential uses- It
4r. M1AC�l1CT[4ueHWp
includes the Highland-Gateway subarea (6, see map) and three
"i non-contiguous sections of Project Area#9(9A, 98, 9C). '
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C st7.,;. ,. .,.o 1:;,;;„ I' Pp.iy,ll, pe�'Ilirriln.: Cd 6' j
'�? ' ^! _ L.ql�' !!.IJn�d!aLP"Ip r` i��.I;,,I::.,, .r.1 TI Gd,.,
Vista Sunrise Street Improvements $125,000
The Agency has taken responsibility from the Developer for the bidding
and construction of offsite improvements related to the Vista Sunrise
Apartments, an 80-unit affordable rental housing project for tenants CLKAX
affected by HIV or AIDS. The Developer's share will be a $125,000
"holdback" from the $1.5 million Agency contribution to the housing -
project. Riverside County will reimburse the City up to$125,000 of their wecEs
share through a reimbursement agreement when their Family Care
! Center, the other half of the master plan project, is built. (project Area I
—Project Area#98)
oaaw
Timeframe.................................................. ......2003-04 through 2007-08
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' Costs are subject to change, and completion of these projects may require future action by the Agency.
PROPOSED REDEVELOPMENT PROGRAMS Page 9
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j PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
San Rafael Street Widening $50.000
The Agency has budgeted approximately $50,000 for the improvement
and widening of a short section of San Rafael Road between McCarthy
Road and Virginia Road. This will provide better access from North •Coca
Palm Canyon Drive and Indian Canyon Drive on the north end. (Project
Area I—Project Area#9A)
Timeframe............... ....................................... .2006-07 through 2007-08 ;
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College of the Desert West Valley Campus $4,000,000
The City submitted a proposal to the Desert Community College District
In April 2006 to locate the Western Coachella Valley Education Center
(a satellite campus) in Palm Springs. The Citys primary offer of INV�T
financial support was to acquire the protect site from the Bureau of Land —`
Management (BLM) and develop the initial campus framework, /
including athletic facilities, circulation infrastructure, and the first several GROW
buildings. In the early stages of the campus' development, the City
would construct several early threshold projects that would "vest" the
protect as "under development" in order to be able to patent the lease
with BLM and acquire the fee interest in the site. it is expected that AOCau
these "threshold" improvements could be paid by the City through
Quimby fees, private funds, Community Development Block Grants aQ
(CDBG), the public art program, or the Community Redevelopment MvraT
Agency.
In February 2006, the City Council ("Council") made a commitment to
the development of the campus in a resolution which, among other
things, pledged the use of the existing James 0_ Jessie Desert
Highland Unity Center and Desert Highland Park as joint use facilities, j
including early use and pledging not less than 50% of its"Quimby' park
improvement funds to the development of joint use athletic facilities on
the site. The City committed funds through the Community
Redevelopment Agency 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 Arts in
Public Places 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_ (Project Area I —
Highland-Gateway)
Timeframe......................... .......... ................... 2006-07 through 2011-12
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Total Preliminary Cost Estimate $4,175,000 j
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PROPOSEf)REDEVELOPMENT PROGRAMS Page 10
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS i & 2
Five Year Implementation Plan
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2004-05 through 2008-09
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DOWNTOWN FOCUS AREA
("Design for Development" Area and Adjacent Palm Canyon Drive Corridor)
x
The downtown serves as an entertainment, shopping, arts, and
1AtW11oA0 resort center. Major uses include retail, restaurants, hotels,
museums,and casinos. This focus area includes the Central
Business District(1), Oasis(4), North Palm Canyon (5),South Palm
Canyon(2),Tahqultz-Andreas(10), and earisto-Farrell (8)subareas
4 _ _ and one section of Project Area#9(913). It is bordered by Vista
Chino on the north and East Palm Canyon on the South.
C YON
E. PALM
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„��, C9$t:, Aals i ProJetUDescn dolt preliminar .
. .... oi; i.r nlii,�aE ,...,., ,,1. IYlavejtj;
... 'G^;;ii Ali
::.::::.:.......:...
Preservation of Convention Center View 1 $500
spectacular The Conventionmountain Center
reoriented 002 to t ake views from new frontdoo safter advantage the 1
000
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expansion. In order to prevent new development from blocking this
view, the City acquired a 1.77 acre vacant parcel across the street by
subleasing it from the master lessee at a cost of $1,260,000. The
Agency is currently developing a plan for the parcel, which could serve GROW
as an open-air plaza for the Convention Center, a sculpture park,
attractive landscaping, or the site for a small administrative building. j
I preserving the view and facilitating wider outdoor uses in the front will
keep the Convention Center vital and exciting The preliminary cast
estimate is for land acquisition: other costs will be determined when a
development plan is chosen for the site. The Agency has planned for
approximately$500,000 to be contributed towards the project. (Project
Area I I—Tahquitz-Andreas)
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Timeframe....................................._------------- ...2006-07 through 2008-09
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PROPOSED REDEVELOPMENT PROGRAMS Page 11
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
ryP, r t ,!!o
................. IEW f [A hi 'a
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Downtown "Design for Development" Master Planner and $Unknown
Developer
The Agency issued a Request for Qualifications in November 2006 to *4
initiate a 'Design for Development' Master Plan in downtown Palm
Springs. The developer will work with the City, Agency, and Ague
Caliente Tribe to develop an economically viable Master Plan for
redevelopment of the downtown area. The "Design for Development'
area was adopted in July 2006 and includes portions of the downtown
Gore and Section 14. The Master Plan design criteria will utilize the
Interim Downtown Urban Design Plan and the Section 14 Master Plan,
which was developed by the Tribe and adopted as a specific plan for
the city.
GROW
The Master Plan will coordinate development in downtown and Section
14, defining new development opportunities, niche projects
complementing current major assets, and collaborative opportunities for
redevelopment projects. It will serve as a catalyst for the development
of property surrounding the nearby Palm Springs Convention Center,
turning it into a quality destination resort capitalizing on the Palm
Springs name- The addition of hotel rooms would increase Transient
Occupancy Tax revenues and bring additional marketing opportunities
to the Convention Center to help maximize its usage, The Master Plan
will also include the following elements:
* The location of proposed land uses, including attractions,
hotels, retail, offices,and residential projects;
* Types of tenants or brands that would be successful in the
project area based on the demographics of the area's full-and
part-time residents as well as tourists and conventioneers;
* An inventory of undeveloped and underdeveloped properties in
the Project Areas by type of land use designation;
4 A list of development opportunities for the Master Plain
Developer.
Overall, the Master Plan will expand the scope of redevelopment
activities, allowing for collaboration with multiple developers and public
entities The budget for this project will be determined after a developer
is selected- (Project Area I—Central Business District; Project Area 11—
Baristo-Farrell and Tahquitz-Andreas)
Timeame... ....... .............................................2006-07 throug
h 2010-11
PROPOSED REDEVELOPMENT PROGRAMS Page 12
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
ProjecifflescrIption PreJlrrilnaryrCb�tjr Goal
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Port Lawrence Project $0
A mixed use development is proposed for 118 condominium units and
25,000 square feet of commercial space on 4.1 acres located at the
southeast corner of North Palm Canyon Drive and Alejo Road. The INVEST
proposed project will redevelop an underperforming area in the City's
downtown and will be a significant development at the northern gateway
of the downtown core as envisioned by the Interim Downtown Urban GROW
Design Plan, 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- (Project Area I — Central Business
District) CLEAR
Timetrame...... .. ................. . ........... ........200&07 through 2008-09 a
LIVE
Ir
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J61A*
Port Lawrence Mixed Use Project Renderings&Site Plan
PROPOSED REDEVELOPMENT PROGRAMS Page 13
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS I & 2
Five Year Implementation Plan
200"5 through 2008-09
1,
'Miti T1 I
P "Ievifd,
North Palm Canyon/Stevens Road Mixed Use Project so
A mixed use project is proposed on two contiguous parcels (one
Agency-owned and one City-owned) in the Uptown area Of P21M
Springs on North Palm Canyon Drive at Stevens Road The Agency is INVEST
selling the property to the adjacent land owner for fair market value.
The owner will combine the acquired parcels with his parcel to develop
26 residential units and 16,500 square feet of commercial space. GROW
(Project Area I—North Palm Canyon)
Timalrame-------------------------- ..............................2006-07 through 2008-09
The Palm Springs Mail $0
New owners plan to add retail to the mall and carry out renovation to
the building including potentially demollshing and rebuilding portions of
the building. The owner has not yet asked for assistance so the Agency
role has not been determined at this time. (Project Area 11 — Baristo-
Farrell)
INVEST
Timeframe........................................................ 2006-07 through 2010-11
GROW
Vona Shopping Center $0
Developers plan to build a retail shopping center at the northwest
comer for Tahquitz Canyon Way and Sunrise Way on the 4.96 acre
parcel that was part of the land swap with EWIN described on page A-3. INVEST
The BVW project is located in the Canyon Focus Area and is described
on page 23. (Project Area I I—Baristo-Farrell)
GROW
LUrrieframe.................................. ------------------- 2006-07 throuqh Unknown I
PROPOSED REDEVELOPMENT PROGRAMS Page 14
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS I & 2
Five Year Implementation Plan
2004-05 through 2008-09
oi i; ..........
Gnayhoundt Morocco Redevelopment/Purchase of Cork 'n Bottle $585,000
Building
The Agency is working with the owner of the nearby El Morocco Hotel
and Greyhound Station near the Cork 'n Bottle building to seek a PRESERVE
developer to build a boutique hotel or other development while
preserving the Cork 'n Bottle building as an historic site and integrating
it into future development. The Cork 'n Bottle building was purchased r
by the Agency for $585.000 plus additional fees- (Project Area I
Central Business District)
Timeframe.. .... ..... . .... .. ............ .. ............. 2006-07 through Unknown GROW
PROPOSED REDEVELOPMENT PROGRAMS Page 15
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS i & 2 ,
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j Five Year Implementation Plan
2004-05 through 2008-09
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Projew escrlption. Prkl[mina:. Cost Go�)s
rY.:
54[maYds Achieved
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Palm Canyon Theatre Renovation $100,000
Palm Canyon Theatre is a historical site used for local theater and the
Palm Springs International Film Festival. As part of a new partnership,
the City and Agency are working with the tenant, Palm Canyon Theatre,
and the Film Festival to fund renovation of the building. Recent
improvements include building out the projection booth, painting, new
theatre seats and drapes, Flooring, lighting, electrical, and more. The "rear
City contributed $200,000 with an additional $200,000 funded by the
Palm Springs International Film Festival. Additional improvements such
as HVAC (heating, ventilation and air conditioning) upgrades, new
bathrooms, a new marquee sign and landscaping are planned for the
duration of this Implementation Plan, most likely by the end of 200T
The Agency has budgeted an additional $100,000 towards these
improvements with another $100,000 to be contributed by the Palm
Springs International Palm Festival. The ultimate expenditure will be
$600,000 with an Agency/City contribution of$300,000. (Project Area
—Central Business District)
Timeframe....................................... ..2006-07 through 2007-08
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Movie Colony Traffic Calming Program $0
The City Council approved a conceptual plan that will create a series of
traffic circles with one-way westbound segments on Via Colusa,
Granvia Valmonte Norte, and Granvia Valmonte Sur in the Movie CLEAN
Colony Area. The objective is to separate the commercial hotel uses
i from the residential neighborhood to the east, and to ensure slower
speeds through the area. The developers of the Spanish Inn are reusm c
required to design and construct much of the traffic calming street
improvements. Other developers and residents benefiting from these i
improvements will share a portion of the cost of the improvements. The
ICI program is in conjunction with the redevelopment of the Spanish Inn, wccns
Colony Palms, Indian Manor and Heavenstone Collection. (Project
Area I—North Palm Canyon)
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Timeframe............................ ........................... 2005-06 through 2007-08
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PROPOsEo REDEVELOPMENT PROGRAMS Page16
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
Prelinilin'ifyoo t Zoala:i
Fsij es, Achl,
M.
.. ................. . .....
...........
IT7 1,11
Demolition of the Former Desert Hotel and Rouse of Site $245.000
The Agency acquired the site of the former Desert Hotel in January
2005 and demolished the building- The former hotel at 285 N Indian
Canyon Drive had long been vacant and in substantial disrepair for
many years. Its buildings had little or no adaptive re-use potential and
were an ongoing nuisance for adjacent properties. The property was
purchased for $160,000 and the demolition, including asbestos and
lead-paint removal, was an additional $85,000, The Agency will retain
the property for a future redevelopment project yet to be determined.
(Project Area I—Central Business District)
BROW
Tirr;Lirame.........................................................2004-05 through 2008-09
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 owns a 57 acre crux
parcel that is approximately 60% of the project site, and will work on
developing replacement parking facilities In the Convention Center
area. (Project Area 11—7ahquitz-Andreas)
Timotrarne.......... .................................... .........2006-07 through 2008-09
ffigow
Westin Hotel $2,000.000
The 200-room Westin Hotel is proposed to be built on 7.8 acres of City-
owned land currently used for Convention Center parking as well as a 0
2 64 acre allottee parcel. The Agency will work to develop replacement
parking facilities- (Project Area 11—Baristo-Farrell)
Tirreframe....... ........................... .................... 2006-07 through 2008-09
rxvsar
GROW
PROPOSED REDEVELOPMENT PROGRAMS Page 17
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS i & 2
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Five Year Implementeton Plan
2004-05 through 2008-09
.. _ .4.._-;f.
..:.......�,,,
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Palm Hotel OPA gp
The Agency approved an OPAL in 2004 that included a density transfer
for the Palm Hotel. The proposed development is located at the
southwest corner of Tahquilz Canyon Way and Cahuilla Road an a
roughly 36,200 square foot site. The boutique hotel will have 51 rooms,
including 11 suites, a roof terrace area with cabanas, a restaurant, bar,
water feature,and swimming pool, (Project Area I—Oasis) GROW
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Timeframe.................... .......................----------2004.05 through 2007-08 I
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
Project/Desciript! 'T "!]�X]PT011ir"Inary
'1::l 1. TI ..Estimates h:.
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Star Canyon ResortlFairfield $0
The Agency approved a DDA with the developers of Star Canyon
Resort in 2001 to provide a land write-down for a 210 room hotel and
176 unit timeshare project located on South Palm Canyon Drive. The
project was changed to 255 timeshare units in 2002 The Developer,
Fairfield Development, was not successful in obtaining Final
Development Plan Approval and cancelled the project in mid-2005. A GROW
new developer has recently entered oscrow to acquire the parcel from
Fairfield and the DDA was terminated in early 2007, (Project Area I --
South Palm Canyon)
Timolrame....................................................... 2006-07 through Unknown
Hotel and Downtown Parking Study S100,000
The Downtown and adjacent Convention Center are the focus of new
development activities- A downtown "Design for Development' Master
Plan will provide for the coordinated development in downtown and in MMAK
Section 14- With several hotel and residential projects being proposed
near the Convention Center, parking supply and demand patterns are *%
likely to change significantly- The proposed Hard Rock and Westin
Hotels will add approximately 700 hotel rooms and the location of both PUEAEkVf
these projects are on sites now used as parking lots that serve the
Convention Center- The combination of a loss in existing parking
spaces and increased demand will require a comprehensive plan to add
parking to service the Convention Center and Downtown care. The
Agency will commission a study to evaluate parking supply and
operations in Downtown Palm Springs and the Convention Center area-
The study will develop a strategy for accommodating changing parking
supply and demand caused by new development in the area- (Project
Area I — Central Business District and Project Area 11 — Baristo-Farrell
and Tahquitz-Andreas)
Timefrarne................. .......................... ........2006-07 through 2007-08
Downtown Parking Structure
PROPOSED REDEVELOPMENT PROGRAMS Page 19
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS i & 2
Five Year Implementation Plan
2004-05 through 2008-09
Project ascription Prakiml'n ryrQast: Gbalsl
Esomatesi:"'I..., Achl ved
h
Downtown Palm Tree Well Project $27.000
This project will identify trip and fall hazards on City sidewalks with palm
trees between Alejo and Tahquitz Canyon Way along North Palm CLEAN
Canyon Drive, at approximately 60 palm tree wells. Hazards will be
removed by adding landscaping or pavers. The Agency has budget
approximately$450 per tree over the next five years_ (Project Area I— wcc«s
j Central Business District)
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Timeframe.........................................................2006-07 through 2011-12
Total Preliminary Cost Estimate $5,557,000
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x Excludes costs that are unknown for two projects;the planning stage is too early to make a cost
estimate at this time.
! PROPOSED REDEVELOPMENT PROGRAMS Page 20
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- ..i. .•.S.c.[i>-7,.�'+:r . "'��c$�L:1-•l;' "!•�j`,.i�'F..Y'"-; r:F . :.�\• •N•�y.? I r'`r:.�.y
:..i. - c—:— -l;1. ['.=: - •';i:: rscii'..-::�p� ��''� A Tyn,�:>'�°•'� '1. 'Y:' +'STr. - _ _ _
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"+_:::_r•,YYrs.��nw •.4M., °�� ":y... . ' r -�c::.` . •�r_ r.�..r•�•°i. .,a•�1: :,1 - u4n
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`'IIH-�Irr'.0:" YII' a .YAT.•.T9j61 - pI%1'. -",,:��•r_~�� _ _ '�10fm 1.'�t'1 J _
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
I 2004-05through 2008-09
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BIG BOX RETAIL ATTRACTION FOCUS AREA
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w The City created the Big Box Retail Attraction Area to address a critical
lack of retail in the southeast portion of Palm Springs. The focus area
i _-I,I I ., _ , includes the Ramon-Bogie sub-area(#3)and two sections of Project
Area#9(9H,91)along Gene Autry Trail. In addition, this area contains
one of the largest potential sites in the City for a resort hotel,timeshare
GENEAUTRY project, or other type of development. The Focus Area is also adjacent
TR"" I�{I to the City-owned Tahquitz Creek Golf Resort, which is a significant
nwf factor in the success of this area.
CIV � I
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j.. .. .. . . :;ltl?`'lri;in''"I i'�il'i';if! �;I'7 il5d ',bip� =.?PNAlijllilt�.,.,�...ost•ii!.
u t'kO�Gf�C11915dL1 Ilan-�= of lu!nln�;ill! I, ,i'[,... -
o81fi
... �: ::, ". �'-'d]' .:,i •.aS �Ip.gLgtlq:.nlJm,�llli
LL -'' i.�: - • III'fd.�i?i5�!:;I:;� !1��,.NCYII. 1
Market Fair Project $Unknown
Developers plan to build retail at the south side of Ramon Road east of
Crossley Road. The shopping center will be adjacent to the Destination
Ramon Shopping Center The owner has not yet asked for Agency RveaT
assistance so the Agency role and cost has not been determined at this
time. (Project Area I—Ramon Bogie)
GROW
Timeframa............--------------------------.................2006-07 through Unknown 'I
Indian Oasis Resort $Unknown
The Agency is negotiating with a developer to construct a four star
destination golf resort hotel and spa resort on an approximate 240+
acre Indian leased land parcel which Is adjacent to the City's two
municipal golf courses. The project site Is part of the Agua Caliente
Reservation and is awned by four Ague Caliente tribal members,
inspiring the name. The project site has been conceptually designed, GROW
approved and entitled for a 400 unit, 10-Story resorUhotel including
conference meeting space and parking structure The resort complex
will Include hotel suites, timeshares, vacation units, condominium hotel,
casitas and/or condominiums, a championship level golf course, spa,
restaurant and other resort amenities. in addition,the Plan includes five
office buildings of 40,000 square feet each, plus a retail component on
the west side of Crossley Road. Any Agency assistance to the project.
is not known at this time. (Project Area I—Ramon Bogle)
Timeframe................ ............. ..... .......... .......2006-07 through Unknown
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 7 & 2
!I Five Year Implementation Plan
2004-05through 2008-09
The Springs Shopping Center $0
The Agency entered into an agreement with The Charles Company in
February 2002 to build a shopping center on an Agency-owned parcel.
The site was a former landfill that had to be cleaned up before the
shopping center could be built. The remediation of the site was AV
completed in 2004 and is discussed on page A-5. This phase of the IXVnT
project (actual development of the vacant site to a retail use) started
construction in 2006 and is expected to be complete by late 2007. The
Agency will not provide any funding for this phase of the project.
(Project Area I-Ramon-Bogie) GROW
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Timetrame--------------------...................................2002-03'through 2007-08 j
initial phase was the remediation and clean up of the original landfill
site discussed on page A-5.
Tahquitx Greek Golf Course Improvements $Unknown
*04
The Tahqultz Creek Golf Course is a significant economic asset of the
City and is located outside of the project areas but close to Project Area
I-Ramon-Bogie end the Big Box Retail Attraction Focus Area. The
preservation and enhancement of this asset will be essential to support
the economic growth of this focus area, particularly in relation to the INVEST
proposed Indian Oasis Resort and other resorts located along Crossley
Road or Golf Club Drive. The Agency may consider providing
assistance with future improvements to the Tahquitz Creek Golf
Course Potential Agency funding is unknown at this time. (Outside anew
Project Areas)
Timeframe.......................................................2007-06 through Unknown
Total Preliminary Cost Estimate $Unknown
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3The planning stage on three projects is too early to make a cost estimate at this time.
Page 22
PROPOSED REDEVELOPMENT PROGRAMS
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
j Five Year Implementation Plan
2004-05through 2008-09
CANYON FOCUS AREA
The Canyon focus area includes mostly
residential uses and small businesses. It
includes the Canyon subarea and three
a y sections of Project Area 0(9E, 9F,9G)
between Indian Avenue and Gene Autry Trail
�u,!• t along East Palm Canyon Drive_
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�tCor6 tfDq rrrdptlort`'ai ;r :prel'inina% os!'i ;;'',Goals
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P I° lr timllr Achtevd
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VIP Motor Cars DDA $1,700,000
The BMW dealership on East Palm Canyon Drive began construction in
Fall 2006 to expand their site. The 39,000 square foot dealership will
be a state-of-the-art auto sales and service center, and the site Is large
enough to accommodate an additional dealership In the future. The Q
Agency helped the dealership expand by facilitating a land exchange
between VIP Motor Cars and the Indian allottee. The land exchange iNVUT
began in 2002 and closed in April 2006 and is also discussed on page
A-3(Vans Center Land Purchase). (Project Area I—Project Area ft9)
Tmeframe-----....................................................2002-03 through 2006-07 allow
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BMW Site&Groundbreakin j
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1 PROPOSED REDEVELOPMENT PROGRAMS Page 23
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
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South Palm Canyon Flood Control $2,033,750
The Agency has committed over$2 million for the design, Construction,
and right-of-way acquisition for flood control improvements The
improvements are required as part of the Conditions of Approval for the
I ALTA project, a 67 unit single-family subdivision on 29.5 acres. The
improvements will benefit several current developments in the area as
well as undeveloped areas with potential for future development. The Accus
Agency has worked with the City of Palm Springs, the Riverside County
Flood Control District, and the landowners in the area to develop a
financing plan that spreads the expense of the area-wide capital
improvements over a larger base rather than a handful of owners. The
Agency commissioned an AB 1600 study to assess the local and
regional benefit of Master Plan Improvements to create a developer fee
structure to begin paying for the improvements. (Project Area II —
Canyon)
7rmeframe........................................ ................2004-05 through 2007-08
South Palm Canyon Street Widening $1,000,000
The Agency has approved funding a Capital Improvement Project to
widen South Palm Canyon Drive to four lanes from Murray Canyon
Drive to approximately 100 feet south of Bogert Trail. The widening of
South Canyon Drive will facilitate the City's Highway Bridge
Replacement and Rehabilitation grant for a new four-lane bridge.
(Project Area II—Canyon) access
Trmeframe....................... .............. .2004-05 through 2007-08
Total Preliminary Cost Estimate $4,733,750
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PROPOSED REDEVELOPMENT PROGRAMS page 24
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 A 2 i
Five Year Implementation Plan
2004-05 through 2008-09
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PROPOSED AFFORDABLE HOUSING PROGRAMS
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over the next five years, the Agency plans to implement the fallowing affordable housing projects and j
programs- The list below describes the projects proposed,what blighting conditions would be eliminated,
approximate costs, and the Redevelopment Plan goals that would be achieved. Additionally, the Agency
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has estimated the number of affordable units that may be assisted by each project and program
listed-6 tip@5�q.fiP'l tJ. ,.,,, :..: r, ,,.,:,,:�::::..........:::.... • �r' 'l,.!..;:,.:,,:;!' '":";: ; i -P'tf�NN�( .11b!'r 'i � ..
p
i i.;iGostdFstl,
ex
qEji N:::::.:::.
Garden Springs Apartments Site(Indian/San Rafael) $1,000,000
The Agency purchased a 3.63 acre site from a developer for$500,000
in 2001 in order to build affordable multifamily housing. A DDA with the
developer expired in 2003 when they were unable to reconstruct last
financing on the project An RFP was released in February 2007 for the
development of for-sale affordable housing on the site. An additional c«M
$500,000 may be paid to assist with construction of the new project. A
timeframe for the project will be determined after a new DDA is issued. —`
(Project Area I—Highland-Gateway)
I GROW
Timeframe................... .......2006-07 through Unknown
Coachella Valley Housing Coalition (CVHC)/Las Vegas Road $1.200,000
Apartments
This affordable housing project is proposed in the Desert Highland 4
Neighborhood and will consist of approximately 57 one to four bedroom
units. The project will be carried out by CVHC with Agency
' participation. The financing structure will utilize 4% tax credits, MHP, CUAN
HOME, with CaIHFA bonds for construction financing, and City funds.
The project will have affordability covenants of 55 years for low income
households (less than 60% of median income). The project site is 4.45
acres and is owned by CVHC_ The Agency will prepare an OPA and GROW
contribute $1.2 million in gap financing (approximately 10% of the
project budget) spread over several years conditional upon the
commitment of HOME funding. (Project Area I—Highland-Gateway)
Timeframe............... ................................._.....2007-08 through Unknown
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PROPOSED REDEVELOPMENT PROGRAMS Page 25
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
..............
"Pill.P.
. on .... ................
slF
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Tahquitz Court Housing $1,500,000
The owners of the Tahqult7 Court Apartments have applied for tax
exempt Multifamily Mortgage Revenue Bonds in the amount of $12 UVE
million- The Agency will grant to the project $800.000 at the close of
bond and tax credit financing, and then pay the developer $200,000
over ten years The bonds will require an affordability agreement that
preserves 108 units as affordable to low income households for an
additional 38 years, from 2023 to 2061. The funds will be used to
rehabilitate the apartments, providing decent and safe housing for lower
income households and improving overall neighborhood conditions- CLEAN
(Outside Project Areas)
Tim&framv.........................................................2006-67 through 2008-09
GROW
Sahara Mobile Home Park Improvements $450,000
The Agency Is providing additional financial assistance to the owner of
the Sahara Mobile Home Park to rehabilitate, operate and maintain the LIVE
mobile home project for low, very low income and restricted rental
households. Scheduled improvements include construction of a
perimeter block wall, replacement of landscaping and the electrical
PQERER fE
system, sewer repairs, and other preventative maintenance. The block
wall was directly funded by the Agency. A minimum of 50% of the
pork's 254 units must be for low (25%) or very low income (25%)
households for no less than 45 years as part of the agreement. CLEAN
(Outside Project Areas)
Tirneframe.........................................................2006-07 through 2008-09
GROW
Desert Highland Homebuyer Assistance $450,000
Up to $50,000 of assistance will be provided to moderate income
purchasers of the nine single family homes in the Desert Highland UVK
neighborhood built as part of the Infill Program- These units will be built
with 45 year covenants- (Project Area I—Highland-Gateway)
Timetrame..................................... . ...... ..... ...2006-07 through 20GB-09 CLEAN
GROW
Total Preliminary Cost Estimate $4,600,000
PRoposw REDEVELOPMENT PROGRAMS Page 26
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
HOUSING PROGRAM COMPLIANCE OBJECTIVES
This section of the Implementation Plan addresses specific requirements in State law with respect to prior
affordable housing activities and the housing program anticipated in the future.
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 categones:
• Housing Production—based on the number of housing units constructed or substantially rehabilitated
j 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 j
housing units destroyed or removed as a result of an agency redevelopment project are replaced
within four years.
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• 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.
The housing program goals are described below.
Housing Production
To estimate the number of housing units that need to be affordable to low and moderate
income households, the Agency estimated the total number units to be constructed or
substantially rehabilitated in the Project Areas and applied formulas established in State law.
The chart on page 28 summarizes the production goals over various time periods as required
by Redevelopment Law. The number of affordable units required is based on statutory
thresholds, and the Agency is responsible for ensuring that the appropriate number of
j affordable units is created during a ten year period.
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HUUSING PROGkAM WMPLIANCE 06JECTIVES Page 27
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 7 & 2
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Five Year Implementation Plan
2004-05 through 2008A9
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Actual and Projected Housing Production Needs by Time Period
Actual/Assumed Housing Units
Time Period Constructed and Substantially Required Affordable Units
Rehabilitated in Project Areas
No. 1' No, 2' Both Total Very Low
I 'il„Ilii�, - ,l_ "l�„ ;. �I�I;, r� Illllilrl� i - �.- .�-. �lill!Ur• �- dBL°L.
(1994-95 to 2003-04) j
WiliffilM�;RAIN i-;ii1! It'll g uI i
2004-05 to 2008-09 1,608 1,242 Z850 428 171
2009-10to 2013-14 200 3 203 30 12
;� nIl At�I-�IIIIIIIt I ,�u41vJ.tl !
1983-84 to 2032-33'
Notes:'Includes Central Business District, Raman-9agie,South Palm Canyon,Oasis, North Palm Canyon,
Highland Gateway,and Project No.9 Project Areas
2lncludes Tahquitz-Andreas,Barnsto-Farrell,and Canyon Project Areas
'Plan durations vary by subarea. Refer to Table 1 for speck dates.
As shown in the above table, the Agency anticlpates a need for 458 affordable units
' (including 183 very low income units) in the Project Areas to fulfill its production goals for the
ten year period, and 810 affordable units (including 324 very low income units) over the
duration of the Redevelopment Plans. Fulfillment of these productions goals is shown an the
table on the next page
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HOUSING PROGRAM COMPLIANCE OBJECTIVES Page 28
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
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Fulfillment of Affordable Housing Production Requirements by Time Po
riod !
Units Units Additional Net Surplus 1
Time Period Required Produced Units Units
(see previous Required Produced
table)
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Total VL Total VL Total VL Total VL
ury�Il n V eee±5' d I �; ' !i 7-p`. +i 701
1 ' �'N
III�'`,1 _I L:�hIII ICU nIAIi;II nl�Fl,+ � ci�l�l ll�:�'!."iud;'4a
1994-95to 2003-04
New Construction 52 2
Substantial Rehabilitation 85 6
Covenant Purchases 120 52
Sub-Total' 217 87 189 128 28 - - 41
LYI4 yuy,Ul:r f'll;: �5l
!�AWON l� tifl� 11 4i 71II
m LI_.S1 "b� ', Ili_IPf elh enll la. ,�IwT]` ; rill rill w=�=d nB„I lade
2004-05to 2013-14 _ 458 183 - 41 458 142 - -
J.II J. `'ll1t�J II 1 it:, l'1Nnii'�'j l I"
kl #i = , �Illlll .1irllrlrmlU, Q�I1Jr7;liV�191!NIVIII
1953-84 to 2032-332 810 324 ;!189 129 621 19$
Notes:
'The projects producing these units Include the Palos Verdes Villas,Desert Highland Infiill.Cotionwood/Chuckwalla
single family residential,Vista Sunrise Apartments,Vista Del Monte Apartments,Heritage Apartments, and
Neighborhood Revitalization. Units with Covenant purchases that were also substantially rehabilitated were only
counted once toward fulfillment of affordable housing production requirements-
2 Plan durations vary by subarea. Refer to Table 1 for specific dates.
As shown in the above table, the Project Areas have a 458 unit affordable housing production
need over the next ten years, including 142 very low-income units.
As described earlier in this Implementation Plan, the Agency anticipates development of
affordable housing projects in the Project Area over the ten year forecast period that may
result in sufficient units to meet the housing production goals. Fulfillment of the projected
housing needs is specifically anticipated to be accomplished through the completion of the
following programs:
Vista Sunrise Special Needs Apartments. This special-needs apartment provides 80
units of affordable housing for very low income residents with HIV/AIDS. Construction
was completed in early 2007.
IndiardSan Rafael Site, An RFP for this project was released in February 2007 to build
j affordable housing on Indian Canyon Drive &San Rafael Road. The number of units will
be determined after a new developer is selected-
' Tahauitz Court Houslna. An affordability covenant will preserve 108 units as affordable
to low income households until 2061.
Coyote Run II Apartments_ The expansion of the Coyote Run Apartments, completed in
September 2006, created 66 units affordable to low income families.
• Sahara Mobile Home Park. A minimum of 50% of the mobile home park's 254 units will
be affordable to low(250A)and very low income families(25%).
HOUSING PFZOGPAM COMPLIANCE OBJECTIVES Page 29
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
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• CVHC Las Vegas Road Apartments. The Coachella Valley Housing Coalition and !
Agency are working to build a 57 unit affordable housing project with one,two, three,and
four bedroom units An affordability covenant will preserve the units as affordable to low
income households for 55 years.
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Desert Highland Homebuver Assistance. Up to$50,000 of assistance will be provided to
moderate income purchasers of the nine single family homes In the Desert Highland
neighborhood built as part of the Infill Program. These units, located in the Sunrise
Gateway focus area will have affordability covenants of 45 years.
Over the next five years, the aforementioned housing projects could yield a total of at least
380 affordable units, including 143 very low income units. The Agency is pursuing additional
Projects over the ten year period to meet the 458 unit target; any additional housing units in
excess of the ten year requirements would be used to help fulfill production requirements
over the duration of the Redevelopment Plan.
Replacement Housing
During the Implementation Plan period, the Agency does not anticipate that any Agency
assisted projects will result in the displacement or removal of housing units. Consequently,
the Agency does not anticipate that any housing will need to be replaced at this time,
Expenditures by Household Types
As of July 1, 2004, the Agency's low and moderate income housing fund had an
unencumbered balance of$2,284,4044 available. Over the five year period ending on June
30, 2009, staff conservatively estimates that the Project Area will generate approximately
$2,656,6695 in 20 percent housing set-aside revenue
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
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 population under the age of 65.
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4 Source:2004-05 Annual Report to State Department of Housing and Community Develcpmem,
Schedule C Beginning Balance
5 Source: RSG
HOUSING PROGRAM COMPLIANCE OBJECTIVES Page 30
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 7 & 2
Five Year Implementation Plan
2004-05through 2008-09
Based on statistics from the Regional Housing Needs Assessment, used by local government
to meet state requirement for affordable housing by category, and 2000 Census statistics, the
following minimum thresholds for housing program expenditures would be required over the
term of the Implementation Plan:
Household Type Minimum Percentage of
Housing Set-Aside
Expenditures over
Implementation Plan
Very Low Income Households 25.5%
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Low Income Households 13-7%
Households Under Age 65
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Notes:
Percentage of very low and low income household expenditures based upon City of Palm
Springs Regional Housing Needs Assessment in which 383(25.5 percent)of the 1,502
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affordable units in the City's housing needs are applicable for very low-income households
and 260 units(13-7 percent)are applicable for low income households.
Percentage of expenditures for housing to households under the age of 65 based on 2000
Census population for the City, wherein 31,578 residents(73.8 percent)of the total
population of 42,807 are under the age of 65. No more than 26.2 percent of Project Area
housing set-aside funds may be expended on housing for households age 65 and older.
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HOUSING PROGRAM COMPLIANCE OBJECTIVES Page$1
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05 through 2008-09
• Housing Set-Aside Expenditures Since January 2002. These 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 June 2014. The
chart below documents the amount of low and moderate Income housing fund revenue
used since January 2002 for these income categories:
HousingEx enditures and pro ortio ality Since 2001-02
i, Year Very Low Income Low Income Moderate Income qev t ,i
2001-02 $595.555 $642.265 $245.229 .,.. I
2002-03 $9,140 $187.361 $155,373 a F =
$1,124 $140,459 • • -
2003-04 $57,307
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2004-05 $526,642 $319,747 $94,043
2005-06 $618.529 ,..t l � -•-�
$2,492,858 $74,973 ' ,� • I
Period to 2005-06 $1,750,989 $3,782,691 -
Proportion of Total
Expenditures 28% 61°/° 10% ".,r; -'r's��5 lr ?,� ,j;�rfif
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HCu51No PROGRAM COMPUANCE OBJECTIVES Page 32
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05through 2008-09
• Family Units Assisted by Housing Set-Aside Fund, State law also requires a recap of
the number of the projects assisted by the housing set-aside fund over the past
Implementation Plan period, divided by family projects (open to all age groups) and
senior projects (restricted to residents age 65 and older). The chart below summarizes
these statistics by project from January 2002 (when proportionality requirements took
effect)through July 2006.
Project/Location Housing units Assisted by Housing Set-Aside Fund
Set-Aside January 2002July 2006'
Expenditures
Ext. Very Low Mod. Tot-
Low Low
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Neighborhood Revitalization $1,232.958 0 49 18 19 86
Cottonwood/Chuckwalla SFR $300,000 0 2 7 0 9
Desert Highland Homebuyer $200,CC0 0 0 0 4 4
Assistance
Coyote Runll $1.350,000 0 33 33 0 66
Vista Sunrise Special Needs $1,500,000 0 0 80 0 60
I�,n,Ily�f r(i�Igp
WNW
i:ill ;116u�''M1r RIM
di 7� . r , - _ •m '111iy�� IC —�a�li'.
Neighborhood Revitalization $458,305 0 32 7 2 41
Heritage Apartments $450,537 0 34 34 68
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El Dorado Mobile Home Park $2%805 0 0 ill 17 128
Sahara Mobile Home Park $400,000 0 63 64 0 127
„ &`,ynln o-Ull °G
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'Does not report current fiscal year expenditures(July 1,2006 to June30.2007)because the fiscal year is not
complete.
• Housing Units Constructed During Prior Implementation Plan Without Housing Set-
Aside Funds. Since January 2000, 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).
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HOUSING PROGRAM COMPLIANCE OBJECTIVES Page 33
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FIVE YEAR IMPLEMENTATION PLAN
COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS
2004-05 THROUGH 2O08-09
APPENDIX
Recent Redevelopment Accomplishments
�M Sp
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�RSG
n • INTELLIGENT COMNONIry OfyC1.G►NCNT
-h�'Ql1FOR�'
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
1
Five Year Implementation Plan
2004-05 through 2008-09
APPENDIX: RECENT REDEVELOPMENT ACCOMPLISHMENTS
During the prior implementation plan period from 2001-02 to _
2005-06. the Agency championed many successful projects
and programs in the Project Areas. These include affordable
J housing, economic development, infrastructure improvements,
and other redevelopment activities. The projects described
below are organized into focus areas that have been
developed to guide future redevelopment activities in —
conjunction with larger planning objectives for the City. A
summary of past and future projects undertaken by the Agency Palm Springs
that are documented in this Five Year Implementation Plan is
Visitors Center
l shown in the beginning of this document.
The Palm Springs Visitors Center
j opened in November 2003, located
SUNRISE GATEWAY FOCUS AREA at 2901 N. Palm Canyon Drive. The
former Tramway Gas Station
Capital Improvements building was designed by renowned
architect Albert Frey,
Radio Road Phase II Street Improvements. The Agency
constructed an unpaved "missing link" section of roadway In The City purchased the building in
the Desert Highland Gateway industrial area of the City. This January 2003 and underwent
missing section of Radio Road had previously been used by extensive remodeling.
residents and businesses as a shortcut to the adjacent improvements include interior
industrial buildings, causing problems with dust and reducing renovation, a new separate restroom
the economic vitality of the area. The project was completed facility, new parking lot, landscaping,
in 2001 and cost$65,000, (Project Area I—Highland Gateway) signage, outdoor seating areas,
exterior lighting, and pedestrian
Housing Related Development in the Focus Area linkages to the City's entry sign
located north of the building. The
Desert Highland Land Exchange for Market Rate Housing. building renovations also better
In 2004,the Agency exchanged two City owned C-1 zoned tots accommodate access for wheelchair
for an equivalent sized R-1 lot an El Dorado Boulevard to be users. Included in the design is a
included in the Desert Highland Infill Program. No monies mini-amphitheater located under the
were exchanged for any of the three lots, except that escrow building's triangular roofllne.
costs were shared equally. The developer receiving the lots Attractive landscaping is adjacent to
constructed market-rate triplexes. (Project Area I — Highland the multi-purpose seating area and
Gateway) outside the curved perimeter wall of
the site.
Desert Highland Single-Family Homes—Land Assembling
The Agency assembled a total of 13 single-family lots from the The second phase construction
Coachella Valley Housing Coalition, the County of Riverside, budget of $125,000 was partially
and others to facilitate development of 13 single-family homes- funded by the Rotary Club and
The homes will be affordable to moderate-income households monies received from an
for duration of at least 45 years- (Project Area I — Highland- assessment district formed in
Gateway) conjunction with the Century Homes
Mountain Gate it development
located on the east side of Highway
fff.
APPFNDIx[ RECENT REDEVELOPMENT ACCOMPLISHMENTS Page A-1
f
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05through 2008-09
Vista Del Monte Senior Housing. Palm Springs has a large population of retired senior residents.
Therefore, facilitating affordable housing for seniors is a significant priority for the City. Vista Del Monte,
j completed in 2C01, is a 52-unit cooperative that is deed restricted as affordable to very low income
seniors. It is a companion project to the adjacent Vista Serena Co-Op with 57 units. The Agency sold
2.72 acres of land at a subsidized rate to Vista Chino Senior Housing to finance the project. The
affordability covenant on this project nuns until 2026. (Project Area I—Project Area#9)
Burnett DDA— K. Hovnanian Four Seasons. Pursuant to a DDA, the Burnett Companies bought a 19
acre parcel from the Agency and a 2221 acre parcel from the City in 2003 to construct market rate
housing The Agency parcel was an undeveloped portion of the 39 acre Sunrise Village Mobile Home
Park. Both parcels were sold at fair market value. The proceeds from the Agency's parcel were
deposited in the LMIHF. The housing development is a portion of a 475 unit, single family residential
subdivision called the Four Seasons:it is currently under construction. (Project Area I—Project Area#9)
Vista Sunrise Special Needs Apartments (Rick Weiss Apartments), This 80-unit apartment project
will serve a low income HIV/AIDS special needs population. Units range from studies to two-bedrooms
for individual transitional housing and permanent housing for patients and their families- The Vista
Sunrise Apartments is envisioned as a synergistic development with a combination of affordable housing,
social service facilities from the Desert AIDS Project, and a future County of Riverside medical clinic
working together to service this special needs population. The Vista Sunrise Apartment partnership Is
comprised of an affiliate of the Desert AIDS Project and McCormack Baran Salazar. The Agency
contributed $1.5 million in cash and land valued at$205,000 towards the project. Construction began in
2C06 and was completed in early 2007, Construction of off site improvements is expected to be carried
out in 2007- (Project Area I Project Area 49)
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DOWNTOWN FOCUS AREA
("Design for Development"Area and Adjacent Palm Canyon Drive Corridor)
Arts and Entertainment
Frances Stevens Park. The Agency has invested close to$100.000 since 2001 for improvements made
to the Frances Stevens Park. Improvements include installation of entryway features, landscaping
Improvements, and upgrading trees and streetlights. Other improvements completed in late 2006 include
rehabilitation of the Palm Canyon Theatre funded by the City through a tenant improvement allowance_
The improvements to the theatre included a new projection booth and sound system, electrical upgrades.
new theatre seats and drapes, flooring, paint, light fixtures, and other interior improvements. Additional
improvements to the air conditioning system, bathrooms, marquee sign, and landscaping are planned for
the duration of this Implementation Plan, (ref. page 16). (Located in Project Area I —N. Palm Canyon)
Plaza Theatre. The Agency continues to invest in ongoing upgrades to this 800 seat Agency-owned
theatre, which is home to the Fabulous Palm Springs Follies_ Agency contributions date back to 1988
when the Agency originally acquired and renovated the theatre. The Agency has recently made
improvements to the HVAC (heating, ventilating and air conditioning)system to improve efficiency and air
circulation and allow more cool air to be directed onto the stage. (Project Area I — Central Business
District)
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APPENDIX:RECENT REDEVELOPMENT ACCOMPLISHMENTS Page A-2
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 7 & 2
Five Year Implementation Plan
2004-05 through 2008-09
Casino Disposition & Development Agreement. The Agua Caliente Band of Cahuilla Indians ("Tribe")
entered into a Construction License Agreement with the Agency in 2002 that allowed the Tribe to use an
Agency-owned parcel as a temporary construction trailer campsite to facilitate casino development. The
parcel, which is adjacent to land owned by the Tribe, later became used for the casino's overflow valet
parking. The DDA facilitates the Tribe's ability to acquire land near the Casino for expansion, plus
provides a mitigation fee to the City. (Project Area 11—Baristo Farrell)
Retail Development
Main Street Food Court The Agency approved an OPA in 2004 with the
developer of Terrace Eateries (Main Street Food Court) that grants easement
to an Agency owned parking lot in order to access trash enclosures at the back
of the property- The site of the project was once n Texaco gas station that the
Agency purchased and decontaminated in the late 1980's. This land was later yr„ii
exchanged for the parking lot property on Belardo Road- The Agency u =;
constructed a public lot on the exchange parcel in the late 1990s. The food
court recently opened in November 2006. (Project Area I — Central Business
District)
Stein Mart Owner Participation Agreement (0PA)- An OPA with Wessman Development Company
provided Agency financial assistance to renovate and redevelop the Plaza del Sol Shopping Center
located at 1555 South Palm Canyon Drive. Under the agreement, the Agency provided assistance in the
amount of $20,000 per year for five years starting in 2001-2002 to cover a portion of the difference
between the old tenant's (Ralphs)and new tenant's rent after improvement costs. (Project Area I—South
Palm Canyon)
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Vons Center Land Purchase. A 4,96 acre parcel at the northwest corner of Sunrise Way and Tahquitz
Canyon Way was purchased by the Agency for$2,575,000 in 2003. The Agency facilitated a land swap
for a parcel on East Palm Canyon Drive, which was later sold to VIP Motors for an auto dealership
expansion (BMW-described on page 23)- Negotiations allowed the seller of the 4.96 acre parcel to
continue to process development plans for a commercial shopping center on the site. The parcel was
exchanged with the Indian allottee and the land was leased to the developer. (Project Area II —Banste-
Farrell)
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Capital lmlrovements
Uptown Street Lighting. Decorative lighting fixtures were purchased and installed in 2003 and 2004 on
foundations constructed by the Agency in the Uptown Heritage District. Close to $200.000 has been
spent to date on electrical infrastructure, foundations and fixtures in the Uptown area- (Project Area I —
j Central Business District and North Palm Canyon)
Henry Frank Arcade Lot Parking Improvements. The Agency acquired and demolished a small
commercial building al 265 North Indian Canyon Drive (the Rudnick Building) and, by combining the
parcel with the adjacent municipal parking lot, assisted the City in the development and construction of
additional upgraded parking in the downtown core. The improved parking facilities opened in 2003 and
had Agency funding of about$350,000. (Project Area I—Central Business District)
APPENDIX: RECENT REDEVELOPMENT ACCOMPLISHMENTS Page A-3
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 7 & 2
i
Five Year Implementation Plan
2004-05through 2008-00
i
East Tahquitz Lighting Program_ The Agency awarded a contract in 2002 in the amount of$101,249 to
construct an underground electrical system to accommodate street and pedestrian walkway lighting
planned for along bath sides of Tahquitz Canyon Way from Indian Canyon Drive to Calle El Segundo.
Following completion of this project, adjacent property owners purchased Agency-approved decorative
pedestrian and street lights for installation as property improvement and development projects were
undertaken. (Project Area II—Tahquitz-Andreas)
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KFC Public Improvements. The Agency programmed a capital project in its 2003-04 budget for a new
traffic island median on South Palm Canyon Drive from Sunny Dunes Road south to the existing Tahquitz
Creek Bridge The project was programmed as an incentive to support the redevelopment of the
previously blighted site to a new KFC/A&W restaurant. The Agency funded approximately $75,000 for j
construction of the median in order to provide better and safer traffic circulation In and out of the Project
site. (Project Area I—South Palm Canyon)
North Palm Canyon Drive f Desert Fashion Plaza Street Improvements. In 2003, the Agency
coordinated with the owner of Desert Fashion Plaza to provide 38 new parking spaces along North Palm
Canyon Drive at a prime downtown location. The owner paid for the fagade improvement of the buildings,
including the removal of oversized concrete buttresses. Agency improvements included pulling the curb
back by ten feet in order to reduce an oversized streetscape in front of the plaza to match the pedestrian
scale to the rest of downtown. Other improvements included landscaping and lighting upgrades. The
Agency contributed $300,000 to the project.(Project Area I—Central Business District)
Indian Canyon Drive Two-Way Traffic Improvements. The Agency Contributed $260,000 in 2002
towards a two-way conversion of Indian Canyon/Palm Canyon Drive at Alejo Road, with the City of Palm
Springs. The total cost of the project was$575.000. (Project Area I—Multiple subareas)
Ralphs Shopping Center Street Improvements. The Agency funded
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over$350,000 in street improvements on Ramon Road and Sunrise Way Ih
adjacent to a redeveloped shopping center in 2003 and 2004. including the
J P PP 9 9
construction of the median islands. The shopping center assembled a
previously blighted center and an adjacent vacant parcel by building over
the flood control channel that separated them (Project Area 11 — Baristo-
Farrell)
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Desert Shadows Inn Street Improvements_ An OPA was executed in
2002 between the Desert Shadows Inn and the Agency for the I
development of 17 hotel condominiums at the northeast comer of Indian
Canyon Drive and Stevens Road an a previously blighted parcel. The
project was especially challenging because it had to cross a busy Indian I
Canyon Drive with a seamless resort experience. This included Agency
financial assistance in the amount of $185,000 for off-site improvements.
The inn is pictured to the right. (Project Area I—North Palm Canyon)
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APPENDIx:RECENT REDEVELOPMENT ACCOMPLISHMENTS Page A-4
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
Five Year Implementation Plan
2004-05through 2008-09
I
Housing Related Development in the Focus Area
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Palm Springs Senior Apartments. This project consists of 115 units and is part of the Citys affordable
housing stock that was acquired and modernized using State funds with CaIHFA affordability covenants
i to 2067. The City holds the land lease on this property located at Civic Drive and East Bariste. (Project I
Area II — Baristo-Farrell) While this housing project does not count towards Agency housing
requirements, it does provide affordable housing to seniors In the City of Palm Springs.
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Heritage Apartments This 136-unit apartment complex for mature adults was in need of significant
property repairs. The City entered into an owner participation agreement in 2000 to provide $450,000 in
LMIHF funding in exchange for a covenant that 68 units will be reserved for low and moderate income
households. The affordability covenant lasts for a period of 25 years and will end in 2026 Improvements
Included constructing a new block wall and security gates, new air conditioning, rebuilding stairways,
repaving the parking lot and resurfacing the swimming pool and spa. The owner matched the Agency's
funds in interior improvements. (Protect Area II—Bariste-Farrell)
BIG BOX RETAIL ATTRACTION FOCUS AREA
Big Box Retail Attraction Area Planning
Study- The Agency and City initiated a planning study in 2003 I
and created a "Big Box Retail Attraction Area" in the southeastern part of the City. The study addresses
development challenges and increases the pace of commercial and retail development. The Attraction
Area traditionally lacked a critical mass of retail and had been plagued by issues related to a former
landfill site. (Project Area I—Ramon Bogie and Project Area 0)
Mesquite Avenue Median and Road Improvements. Street, storm drain and landscape improvements
were made on Mesquite Avenue within the Demuth Park area. The Agency funded 7% of the project, or
approximately$289,000. The project was completed in 2006. (Project Area I—Project Area#9)
The Springs Shopping Center (Remediation and Clean up of
former landfill site), The Agency entered into an agreement with The
Chares Company in February 2002 to build a shopping center on an
Agency-owned parcel. The site is a former landfill that has remained
j undeveloped since the landfill closed in the early 1960s, due to
technical and financial challenges. Under the terms of the agreement,
The Charles Company conducted environmental assessments and
undertook remedlation of the site. The Agency sold the land to The
Charles Company at fair market value following approval of a
remedlation plan by the California Department of Toxic Substances
Control in March 2004. The developer has recently commenced
construction of the project as discussed on page 22. (Project Area I —
I
Ramon Bogie)
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APPENDIX:RECENT REDEVELOPMENT ACCOMPLISHMENTS Page A-5
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PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
j Five Year Implementation Plan
2004-05through 2008-09
HOUSING RELATED REDEVELOPMENT
This section lists all housing related redevelopment within the Project Areas. Housing projects that are
located within a focus area were also described in the previous section. They are repeated here to give a
complete summary of all housing related projects completed by the Agency in the prior implementation
plan period
Coyote Run II Apartments. This project was built on a 625 acre site
adjacent to the existing Coyote Run I Apartments, a national award-
winning complex consisting of one to four bedroom units for very low
and low income households. The apartment expansion, completed in
September 2006, provided 66 units of affordable housing for low
income families. The Agency worked with the Coachella Valley
Housing Coalition to construct the new expansion. The Agency
contribution was$1,570,000. (Outside project areas)
Desert Highland Single-Family Homes-Land Assembling. The
iAgency assembled a total of 13 single-family lets from the Coachella
Valley Housing Coalition, the County of Riverside, and others to
facilitate development of 13 single-family homes. The homes will be
affordable to moderate-income households for duration of at least 45
years. (Project Area I—Highland-Gateway)
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Vista Del Monte Senior Housing, Palm Springs has a large
population of retired senior residents- Therefore, facilitating affordable
housing for seniors is a significant priority for the City. Vista Del Monte,
%r=-_ completed in 2001, is a 52-unit cooperative that is deed restricted as
affordable to very low income seniors- It is a companion project to the
adjacent Vista Serena Co-Op with 57 units. The Agency sold 2.72
acres of land at a subsidized rate to Vista Chino Senior Housing to ;
finance the project. The affordability covenant on this project runs until
2026- (Project Area I—Project Area#9)
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`r Vista Sunrise Special Needs Apartments (Rick Weiss Apartments)
This 80-unit apartment project will serve a low income HIV I AIDS
special needs population. Units range from studios to two-bedrooms
for individual transitional housing and permanent housing for patients
s, and their families. The Vista Sunrise Apartments is envisioned as a
synergistic development with a combination of affordable housing,
r social service facilities from the Desert AIDS Project, and a future
County of Riverside medical clinic working together to service this
special needs population. The Vista Sunrise Apartment partnership is
comprised of an affiliate of the Desert AIDS Project and McCormack
Baron Salazar. The Agency contributed $1.5 million in cash and land j
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APPENDIX:RECENT R5orv5LOPMENTACCOMPLISH1VENT5 Page A-6
I �
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 7 & 2
Five Year Implementation Plan
2004-CS through 200"9
valued at $205,000 towards the project. Construction began in 2006 and was completed in early 2007.
Construction of off site improvements is expected to be carried out in 2007. (Project Area 1--Project Area
#g)
Palm Springs Senior Apartments, This project consists of 115 units and is part of the City's affordable
housing stock that was acquired and modernized using State funds with CaIHFA affordability covenants
to 2061. The City holds the land lease on this property located at Civic Drive and East Bansto (Project
Area II — Baristo-Farrell) While this housing project does not count towards Agency housing
requirements, it does provide affordable housing to seniors in the City of Palm Springs.
Heritage Apartments. This 136-unit apartment complex for mature adults was in need of significant
property repairs. The City entered into an owner participation agreement in 2000 to provide$450,000 in
LMIHF funding in exchange for a covenant that 68 units will be reserved for low and moderate income
households. The affordability covenant lasts for a period of 25 years and will end in 2026. Improvements
included constructing a new block wall and security gates, new air conditioning, rebuilding stairways,
repaving the parking lot and resurfacing the swimming pool and spa. The owner matched the Agency's
funds in interior improvements. (Project Area II—Bansto-Farrell)
El Dorado Mobile Home Park. The Agency assisted 17 moderate income purchasers in the park
between 2003 and 2006 at a cost of $85,000 and provided assistance to low income renters for their
income certification fee for approximately $185,000 The Park also received funding from the state
Mobile Park Residential Ownership Program (MPROP), which awarded S2.3 million to the park to assist
low-income purchasers. (Outside Project Areas)
Santiago Sunrise Village Mobile Home Park. In 2004, the Agency approved a Disposition and
Development Agreement ("DDA')with a non-profit purchaser of the park, contributing the underlying fee
interest of the land at a value of$392.000. The City also approved a conduit Mortgage Revenue Bond on
behalf of a non-profit to purchase and upgrade the park. The Agency will develop an incentive program
for new buyers in the park. The residence is located at 1500 East San Rafael Drive. (Outside project
areas)
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Sunrise Norte Residential Subdivision
This 54 lot residential subdivision was owned by the City and leased to homeowners. The City hired an
appraiser in June 2003 to determine the fair market value of the lots and in April 2004 provided the
lessees an option to purchase individual lots. This allowed homeowners to waive or terminate resale ;
restrictions that had been imposed by under-market land lease fees. The revenue from the land sales will
be used to build new affordable housing_ (Outside project areas)
Burnett DDA— K. Hovnanian Four Seasons. Pursuant to a DDA, the Burnett Companies bought a 19
acre parcel from the Agency and a 22.21 acre parcel from the City in 2003 to construct market rate
housing, The Agency parcel was an undeveloped portion of the 39 acre Sunrise Village Mobile Home
Park. Both parcels were sold at fair market value. The proceeds from the Agency's parcel were
deposited in the LMIHF. The housing development is a portion of a 475 unit, single family residential
subdivision called the Four Seasons;it is currently under construction. (Project Area I—Project Area if9)
Neighborhood Revitalization Program. This program gave loans and grants to homeowners to fund
minor to substantial rehabilitation of their homes in 2003 and 2004 The Agency gave 27 ten-year loans
of approximately $25,000 per home, 11 five-year loans of approximately $10,000 per home, and 28
grants of primarily $5,000 or less. The program helped 40 very low income, 13 low income and 13
moderate income households. The Agency spent an approximate total of $925.000. The Owner-
Occupied Home Improvement Program is funded through the Agency. (Multiple project areas)
APPENDIX: RECENT REDEVELOPMENT ACCDMPLISHMENTS Page A-7
I �
PALM SPRINGS MERGED REDEVELOPMENT PROJECT AREAS 1 & 2
I
Five Year Implementation Plan
2004-05 through 2008-09
Lease-to-Own Homeownership Program. The City participates in the Pacific Housing Finance Agency
Lease-to-Own Program, a joint powers authority of over 50 California cities. In 2003-2004, the City
received 89 inquiries after marketing the program to residents and realtors. The Agency also held a free
Homebuyer Education Seminar in November 2003, (Multiple project areas)
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APPENDIX:RECENT REDEVELOPMENT ACCOMPLISHMENTS Page 78
NOTICE OF PUBLIC HEARING
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
REVIEW OF FIVE YEAR IMPLEMENTATION PLAN 2004-2005 THROUGH 2O08-2009
FOR MERGED REDEVELOPMENT PROJECT NOS. 1 AND 2
NOTICE IS HEREBY GIVEN THAT the Community Redevelopment Agency of the City of Palm
Springs,California ("Agency")will hold a public hearing on April 4,2007, at 6:00 p.m.in the City
Council Chamber, 3200 E. Tahquitz Canyon Way, Palm Springs, California 92262.
The purpose of the hearing is to consider the Review of the Five Year Implementation Plan for
Merged Redevelopment Project Nos. 1 and 2 as shown on the accompanying map(Exhibit"A").
All interested persons are invited to attend the public hearing and express opinions on the item
listed above. At any time not later than the hour set for the hearing, any person(s) may file a
written statement with the Assistant Secretary registering their opinions on the item. Public
comment will end when the public hearing is closed.
REVIEW OF PROJECT INFORMATION: The proposed Five Year Implementation Plan is
available for public review at the City Hall between the hours of 8:00 a.m, and 5:00 p.m.,
Monday through Friday. Please contact the Office of the City Clerk at (760) 323-8204 if you
would like to schedule an appointment to review these documents.
COMMENT ON THIS APPLICATION: Response to this notice can be made verbally at the
Public Hearing and/or in writing before the hearing. Written comments can be made to the
Community Redevelopment Agency of the City of Palm Springs by letter (for mail or hand
delivery)to:
James Thompson, Assistant Secretary
Community Redevelopment Agency of the City of Palm Springs
3200 E_ Tahquitz Canyon Way
Palm Springs, CA 92262
Any challenge of the proposed Five Year Implementation Plan may be limited to raising only
those issues raised at the public hearing described in this notice, or in written correspondence
delivered to the Assistant Secretary at, or prior, to the public hearing. (Government Code
Section 65009(b)(2)).
An opportunity will be given at said hearing for all interested persons to be heard. Questions
regarding this Notice or the item listed above may be directed to Diana Shay, Redevelopment
Coordinator(760) 323-8260.
Si necesita ayuda con esta Carta, porfavor[lame a la Ciudad de Palm Springs y puede hablar
con Nadine Fiegertelefono (760) 323-8245.
>istant esThompson Secretary
EXHIBIT A
6
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11Irrped AM No.i Meraod Area No,2
1 -Central Buslness District 8-Baristo-Farrell
2-South Palm Canyon 9-Canyon
3-Ramon-Bogie 10-Tahquilz-Andreas
4-Oasis
5-North Palm Canyon
6-Highland-Gateway
7-Project Area No,9
' RESOLUTION NO. 1325
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING AMENDMENT NO.
2 TO A RESTATED AND AMENDED DISPOSITION
AGREEMENT, PROMISSORY NOTE, AND DEED OF
TRUST WITH ASSIGNMENT OF RENTS WITH HACIENDA
SUNSET AFFORDABLE HOUSING ASSOCIATES, A
CALIFORNIA LIMITED PARTNERSHIP TO APPROVE
ADDITIONAL FUNDING IN THE AMOUNT OF $236,281.
WHEREAS, the Community Redevelopment Agency of the City of Palm Springs (the
"Agency") has established an affordable housing setaside fund in accordance with
Section 33000 et. seq. of the California Health and Safety Code; and
WHEREAS, the Agency and the Developer have entered into that certain Restated and
Amended Disposition and Development Agreement ("RADDA") dated February 15,
2005 which provides for the construction of 85 affordable housing units pursuant to the
terms of the RADDA; and
WHEREAS, the project has commenced with construction based on the financing
committed by the State of California, the County of Riverside, the Agency, and the Tax
Credit investor, among others; and
WHEREAS, the project has experienced additional cost increases from utility
connection charges, additional landscaping, more substantial ADA improvements
required by the state, and other costs and has requested additional funding from the
Agency, the County, and the Tax Credit investor.
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. This Amendment No. 1 to the Restated and Amended Disposition and
Development Agreement ("RADDA") with Sunset Hacienda Affordable
Housing Associates, a California Limited Partnership, is hereby approved
and incorporated herein by this reference.
SECTION 3. The Executive Director, or his designee, is hereby authorized to execute
on behalf of the Agency the Amendment No. 2 to the RADDA and other
documents necessary to the Agreement, in a form approved by Agency
Counsel.
Resolution No. 1325
Page 2
ADOPTED this 18th day of April, 2007. '
David H. Ready, Execirector
ATTEST:
)1es Thompson, City Cler
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. 1325 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 18th day of April, 2007, by
the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills, '
Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
me
s Thompson, Assistant Secretary
Community Redevelopment Agency
City of Palm Springs, California
' RESOLUTION NO. 1326
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING A CONSENT TO ASSIGNMENT OF
EXCLUSIVE AGREEMENT TO NEGOTIATE AND
ESTOPPEL AND RECOGNITION AGREEMENT WITH
NEXUS DEVELOPMENT CORPORATION - CENTRAL
DIVISION, IN FAVOR OF LEHMAN BROTHERS HOLDINGS
INC., FOR A 5.7 ACRE AGENCY OWNED PARCEL AT THE
SOUTHEAST CORNER OF ANDREAS ROAD AND CALLE
EL SEGUNDO FOR THE PURPOSE OF DEVELOPING A
HARD ROCK HOTEL, MERGED REDEVELOPMENT
PROJECT AREA#2. A0500C.
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
HEREBY RESOLVES AND APPROVES AS FOLLOWS:
SECTION 1. The Consent to Assignment of Exclusive Agreement to Negotiate and
Estoppel and Recognition Agreement with Nexus Development
Corporation-Central Division in Favor of Lehman Brothers Holdings Inc., a
Delaware Corporation, is hereby approved.
' SECTION 2. The Executive Director is hereby authorized to execute on behalf of the
Agency, the Consent to Assignment, in a form approved by Agency
Counsel.
ADOPTED AND APPROVED THIS 301h DAY OF MAY, 2007
David H. Rea > ive Director
ATTEST:
?mes Thompson, Assistant Secretary
1
Resolution No. 1326
Page 2
CERTIFICATION I
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. 1326 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 30th day of May, 2007, by the
following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Vice Chair Pougnet,
and Chair Oden.
NOES: None.
ABSENT: Agency Member Mills
ABSTAIN: None.
emes Thompson, Assistant Secretary
unity Redevelopment Agency
City of Palm Springs, California ,
1
RESOLUTION NO. 1327
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA, MAKING CERTAIN
FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION
33445 RELATING TO PAYMENT OF ALL OR PART OF THE COSTS OF
THE INSTALLATION AND CONSTRUCTION OF CERTAIN BUILDINGS,
FACILITIES, STRUCTURES, AND OTHER IMPROVEMENTS WITHIN
MERGED REDEVELOPMENT PROJECTS NO. 2, BENEFITING
MERGED REDEVELOPMENT PROJECT AREA NO.1
The Community Development Agency of the City of Palm Springs finds:
A. The City Council of the City of Palm Springs adopted the Amended and Restated
Redevelopment Plans for Merged Redevelopment Project No. 1 and Merged
Redevelopment Project 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.
B. The Community Redevelopment Agency ("Agency") has acquired and
constructed certain buildings, facilities, structures and other improvements which
constitute the Palm Springs Convention Center (collectively the "Improvements") within
' Merged Project Area No. 2 described above which are publicly-owned within the
meaning of Health & Safety Code Section 33445 (the "Statute") the project area.
C. In 1995, the City Council and the Community Redevelopment Agency of the City
of Palm Springs made certain findings relating to the payment by the Agency of all or
part of the costs of the installation and construction of certain buildings, facilities,
structures and other improvements constituting the City's Convention Center located
within the Tahquitz Andreas Project Area (Resolution 976).
D. The Members of the Agency have determined that the Improvements within the
meaning of the Statute are of benefit to Merged Redevelopment Project No. 1 as well as
Merged Redevelopment Project Area No. 2.
E. In 2004, the City issued $62,395,000 Lease Revenue Bonds, 2004 Series A
(Convention Center Expansion Project) secured by lease payments that the General
Fund is obligated to pay in full to fund the approximately 100,000 square feet of
additional meeting space, exhibit space, food service area and circulation, increasing
the City's debt service obligation by approximately $2.7 million annually to an average
of$5.8 million.
F. In July, 2006, the Agency approved the development of a "Design for
Development" Master Plan for Downtown and the Section 14 area surrounding the
' Convention Center, under Section 617 of the Merged Redevelopment Plans, to serve as
a catalyst for the development of property surrounding the Palm Springs Convention
Resolution No. 1327
Page 2
Center, turning it into a quality destination resort, increasing hotel rooms and Transient '
Occupancy Tax revenues, and fostering a linkage between Downtown and the
Convention Center to help maximize development of both areas.
G. The construction of privately financed and owned facilities within Merged
Redevelopment Project No. 1 and Merged Redevelopment Project Area No. 2 were a
direct or indirect result of the construction of the Improvements.
H. Those privately owned facilities produce property tax increment for the two
Project Areas, including an increase in gross tax increment in Merged Project No. 1
since the expansion commenced of 126%, or $4.5 million, and an increase in gross tax
increment in Merged Project No. 2 since the expansion commenced of 91%, or $2.2
million.
I. The Agency has determined that a reasonable allocation of the property tax
increment generated directly or indirectly by the Improvements to the payment of the
2004 Series A Lease Revenue Bonds (Convention Center Expansion Project) should be
increased from 6.64% of lease payments to 30%, or a total of $1,740,000 annually, an
increase of approximately $1.355 million, or 53% of the overall net new increment,
payable from Merged Redevelopment Project No. 1 and Merged Redevelopment
Project Area No.2; and
J. Section 33679 of the CRL states that before a redevelopment agency commits to '
use the portion of taxes to be allocated and paid to an agency pursuant to subdivision
(b) of Section 33670 of the CRL (tax increment financing) for the purpose of paying all
or part of the value of land for, and the cost of the installation and construction of, any
publicly owned building, other than parking facilities, the legislative body shall hold a
public hearing; and
K. The allocation of funds to the 2004 Series A Lease Revenue Bonds is consistent
with the Agency's Implementation Plan.
L. All of the findings and determinations made herein were based upon careful
consideration and analysis of all relevant evidence.
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Community Redevelopment Agency of the City of Palm Springs
determines, based on the recitals contained in this resolution and the findings and facts
provided in this resolution, the agenda report, public testimony, and any other relevant
and supporting evidence, and in full accordance with the provisions of the Statute, all of
the following:
(1) The buildings, facilities, structures or other improvements are of benefit to the '
project area or the immediate neighborhood in which the project is located,
Resolution No. 1327
Page 3
' regardless of whether the improvement is within another project area, or in
the case of a project area in which substantially all of the land is publicly
owned that the improvement is of benefit to an adjacent project area of the
Agency.
(2) No other reasonable means of financing the buildings, facilities, structures, or
other improvements, are available to the community.
(3) The payment of funds for the acquisition of land or the costs of buildings,
facilities, structures, or other improvements will assist in the elimination of one
or more blighting conditions inside the project area or provide housing for low
or moderate income persons, and is consistent with the implementation plan
adopted pursuant to the California Health and Safety Code Section 33490.
SECTION 2. To the extent that property tax increment revenues are legally available,
the Agency hereby pledges to pay to the City tax increment revenues generated from
the combined Merged Project Areas in an amount equal to 30% of the annual debt
service on the 2004 Series A Lease Revenue Bonds (Convention Center Expansion
Project), which pledge shall be subordinated to all of the existing and future bonded
indebtedness of the Agency.
SECTION 3. In furtherance of the provisions of Section 2 of this Resolution, the
Community Redevelopment Agency specifically pledges to pay to the City, payments of
tax increment funds in the amount of $385,000.00 from tax increment funds from
Merged Redevelopment Project Area No. 2, consistent with the provisions of, and for
the purposes described in, this resolution, and authorizes the Executive Director to
make the payments as provided herein.
SECTION 4. In furtherance of the provisions of Section 2 of this Resolution, the
Community Redevelopment Agency specifically pledges to the City, payments of tax
increment funds in the amount of $1,355,000.00 from tax increment funds from Merged
Redevelopment Project Area No.1 consistent with the provisions of, and for the
purposes described in, this resolution, and authorizes the Executive Director to make
the payments as provided herein.
ADOPTED this 6th day of June, 2007.
r
David H. Ready, Executi hector
ATTEST:
es Thompson, Assistant Secretary
Resolution No. 1327
Page 4
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. 1327 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 June 6, 2007, by the following
vote:
AYES: Agency Member Foat, Agency Member McCulloch, Vice Chair Pougnet,
Chair Oden.
NOES: None.
ABSENT: Agency Member Mills.
ABSTAIN: None.
J mes Thompson, Assistant Secretary ,
ommu C nity Redevelopment Agency
City of Palm Springs, California
1
RESOLUTION NO. 1328
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING A BUDGET FOR
THE FISCAL YEAR 2007-2008
WHEREAS, a budget for the fiscal year 2007-2008 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 Law 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 $19,097,262 be approved for the
following purposes:
Capital & Admin. Debt Service
Merged Area No. 1 $ 1,578,274 $ 8,776,929
Merged Area No. 2 980,658 4,661,429
Low & Mod. Income Housing 3,092,492 0
Plaza Theatre 107,480 0
$ 5,758,904 $ 13,338,358
Resolution No. 1328
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 2007-2008 is as follows, including total Agency assistance
committed:
CVHC Rosa Parks Blvd. Project $ 610,000
Indian/San Rafael Multi-Family For-Sale Project $ 500,000
Unscheduled Capital Projects $ 200,000
Tahquitz Court Apartments $ 225,000
Desert Highland Infill Program (Phase II) $ 200,000
Vista Sunrise Street Improvements $ 125,000
Blighted Future Housing Site Abatement $ 126,000
Energy Efficiency Program $ 100,000
Home Improvement Program (HIP) $ 50,000
Riverside County Admin Fee $ 25,000
Section 4. That the accomplishments of the Low and Moderate Income Program in
Fiscal Year 2006-2007 are as follows:
• Vista Sunrise Special Needs Apartments. The project was completed
in 2006-07 and has begun leasing. Riverside County has also
commenced construction of the adjacent Family Care Center.
• Desert Highland Infill Program. Century Crowell Communities has
completed and sold the first five homes in the program; the second
developer will commence construction in July, 2007 on four more
homes.
• Coyote Run Apartments Expansion. The project was completed in
2006-07 and has begun leasing.
• Tahquitz Court Apartments. The Agency made a preliminary
commitment of the rehabilitation of this 108-unit apartment complex
with a multi-year commitment of $2.8 million. The project is applying
for bond funds and 4% Low Income Housing Tax Credits. The project
is expected to receive its funding in the 2007-08 year.
ADOPTED THIS 6TH DAY OF JUNE, 2007.
�!
David H. Ready, Exec a Director
Resolution No. 1328
Page 3
ATTEST:
sistant 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. 1328 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 June 6, 2007 by the following
vote:
AYES: Agency Member Foat, Agency Member Mills, Agency Member McCulloch,
Vice Chair Pougnet, Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
es hompson, Assistant Secretary
ommunity Redevelopment Agency
City of Palm Springs, California
RESOLUTION NO. 1329
' A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS APPROVING AN AGREEMENT WITH
DATELAND CONSTRUCTION COMPANY, INC., IN THE
AMOUNT OF $344,044.50, FOR THE VISTA CHINO
(STATE HIGHWAY 111) AND SUNRISE WAY STREET
IMPROVEMENTS, CITY PROJECT NO. 06-06. A.0517C.
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. sea.) to carry out the purpose of
redevelopment in the City of Palm Springs, ("City"); and
WHEREAS, pursuant to Section 33447 of the Community Redevelopment Law,
the Agency may finance the construction of public improvements that will enhance the
environment of residential neighborhoods containing housing for persons and families of
low or moderate income, including very low income households; and that will be of
benefit to the project area; and
' WHEREAS, pursuant to Section 33447 of the Community Redevelopment Law,
public improvements eligible for financing including street improvements; and
WHEREAS, on July 16, 2003, the City Council approved Case 5.0934, PD-281,
("Vista Sunrise Project"), an application by McCormack Baron Salazar, Inc., for the
construction of 85 transitional housing units and family care center on properties owned
by the City of Palm Springs, Desert Health Care District, and the Desert AIDS Project.
The property is located around the Desert AIDS Project, located at the southwest corner
of Vista Chino (State Highway 111) and Sunrise Way; and
WHEREAS, included with the City's approval of the Vista Sunrise Project was the
requirement to widen Vista Chino (State Highway 111) to the full General Plan width for
a major thoroughfare, across the frontage of the property extending to Sunrise Way;
and
WHEREAS, On May 18, 2005, the City Council and Community Redevelopment
Agency approved a Public Improvement Reimbursement Agreement between the City
and the Housing Authority of Riverside County, as well as an Implementation
Agreement with Vista Sunrise Apartments, L.P., to separate the required off-site street
widening improvements from other property transfer issues associated with the
Disposition and Development Agreement approved for the Vista Sunrise Project.
Resolution No. 1329
Page 2
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS,
CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: '
Section 1, Agreement No. A0517C, in the amount of $344,044.50 with Dateland
Construction Company, Inc., for the Vista Chino (State Highway 111)/Sunrise Way
Street Improvements, City Project No. 06-06, is hereby approved.
Section 2. The Executive Director of the Agency, and/or his designee, is authorized
to execute all necessary documents.
ADOPTED THIS 20TH DAY OF JUNE, 2007.
David H.H. Reify7Vger
ATTEST:
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. 1329 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 June 20, 2007, by the following
vote:
AYES: Agency Member McCulloch, Agency Member Mills, Vice Chair Pougnet,
and Chair Oden.
NOES: Agency Member Foat.
ABSENT: None.
ABSTAIN: None.
Y
s Thompson, Assistant Secretary
munity Redevelopment Agency
City of Palm Springs, California
RESOLUTION NO. 1330
' A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING A NON-
DISTURBANCE AND ATTORNMENT AGREEMENT BY
AND AMONG THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SPRINGS, ENDURE
INVESTMENTS LLC, A NEVADA LIMITED LIABILITY
COMPANY, GEIGER LLC, A CALIFORNIA LIMITED
LIABILITY COMPANY AND HOME DEPOT U.S.A., INC., A
DELAWARE CORPORATION.
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. Approve a Non-Disturbance and Attornment Agreement by and among
the Community Redevelopment Agency of the City of Palm Springs, Endure
Investments LLC, a Nevada limited liability company, Geiger LLC, a California limited
liability company, and Home Depot U.S.A., Inc., a Delaware Corporation.
SECTION 2. The Executive director or his designee is hereby authorized to execute all
' documents related to the Agreement.
ADOPTED THIS 27th DAY OF JUNE, 2007,
Executive Director
ATTEST:
�a�nes Thompson, Assistant Secretary
1
Resolution Na. 1330
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. 1330 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 June 27, 2007, by the following
vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
mes Thompson, Assistant Secretary
Community Redevelopment Agency
City of Palm Springs, California
1
RESOLUTION NO. 1331
RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF PALM SPRINGS AUTHORIZING ISSUANCE OF THREE
SERIES OF BONDS, NAMELY ITS MERGED PROJECT NO. 1 TAX
ALLOCATION BONDS, 2007 SERIES A, ITS MERGED PROJECT NO. 1
TAXABLE TAX ALLOCATION BONDS, 2007 SERIES B, AND ITS
MERGED PROJECT NO. 2 TAXABLE TAX ALLOCATION BONDS, 2007
SERIES C, APPROVING AND AUTHORIZING AND DIRECTING
EXECUTION OF THREE SUPPLEMENTAL INDENTURES RELATING
THERETO, AUTHORIZING SALE OF SUCH BONDS, APPROVING
OFFICIAL STATEMENTS, AND PROVIDING OTHER MATTERS
PROPERLY RELATING THERETO
WHEREAS, the Community Redevelopment Agency of the City of Palm Springs
(the "Agency") is authorized pursuant to the Community Redevelopment Law, being
Part 1 of Division 24 (commencing with Section 33000) of the Health and Safety Code
of the State of California (the "Law") to issue its tax allocation bonds for the purpose of
financing and refinancing redevelopment activities with respect to its Merged Project
No. 1 and its Merged Project Not ("Merged Project No. 1" and "Merged Project No. 2",
respectively);
WHEREAS, for the purpose of financing and refinancing redevelopment
activities with respect to Merged Project No. 1, the Agency issued its $14,240,000
aggregate principal amount of Community Redevelopment Agency of the City of Palm
Springs (Merged Project No. 1) Tax Allocation Refunding Bonds, 2004 Series A (the
"2004 Merged Project No. 1 Bonds") pursuant to an Indenture of Trust, dated as of May
1, 2004, by and between the Agency and BNY Western Trust Company, as
predecessor trustee (the "2004 Merged Project No. 1 Bonds Indenture");
WHEREAS, for the purpose of financing additional redevelopment activities with
respect to Merged Project No. 1, the Agency proposes to issue its Community
Redevelopment Agency of the City of Palm Springs Merged Project No. 1 Tax
Allocation Bonds, 2007 Series A (the "2007 Series A Bonds") pursuant to a First
Supplement to Indenture of Trust (the "2007 Series A Bonds First Supplement"), dated
as of August 1, 2007, by and between the Agency and The Bank of New York Trust
Company, N.A., as Trustee (the "Trustee");
WHEREAS, also for the purpose of financing additional redevelopment activities
with respect to Merged Project No. 1 on a federally taxable basis, the Agency proposes
to issue its Community Redevelopment Agency of the City of Palm Springs Merged
Project No. 1 Taxable Tax Allocation Bonds, 2007 Series B (the "2007 Series B Bonds")
pursuant to a Second Supplement to Indenture of Trust (the "2007 Series B Bonds
Second Supplement'), dated as of August 1, 2007, by and between the Agency and the
Trustee;
' WHEREAS, the 2004 Merged Project No. 1 Bonds Indenture permits the
issuance of Parity Debt (within the meaning of the 2004 Merged Project No. 1 Bonds
Resolution No. 1331
Page 2
Indenture) payable from Tax Revenues (as defined in the 2004 Merged Project No. 1
Bonds Indenture) on a parity with the 2004 Merged Project No. 1 Bonds, subject to
certain terms and conditions;
WHEREAS, the 2007 Series A Bonds First Supplement and the 2007 Series B
Bonds Second Supplement are entered into pursuant to and in accordance with the
provisions of Section 3.05 and Section 7.01(c) of the 2004 Merged Project No. 1 Bonds
Indenture for the purpose of prescribing the terms and conditions applicable to the
issuance of the 2007 Series A Bonds and the 2007 Series B Bonds as Parity Debt
under the 2004 Merged Project No. 1 Bonds Indenture, and for the purposes of
amending and supplementing the 2004 Merged Project No. 1 Bonds Indenture with
respect thereto, which amendments and supplements the Agency hereby determines
will not materially adversely affect the interests of the owners of the Bonds (as defined
in the 2004 Merged Project No. 1 Bonds Indenture);
WHEREAS, for the purpose of financing and refinancing redevelopment
activities with respect to Merged Project No. 2, the Agency issued its $9,075,000
aggregate principal amount of Community Redevelopment Agency of the City of Palm
Springs (Merged Project No. 2) Tax Allocation Refunding Bonds, 2004 Series B (the
"2004 Merged Project No. 2 Bonds") pursuant to an Indenture of Trust, dated as of May
1, 2004, by and between the Agency and BNY Western Trust Company, as
predecessor trustee (the "2004 Merged Project No. 2 Bonds Indenture");
' WHEREAS, for the purpose of financing additional redevelopment activities with
respect to Merged Project No. 2 on a federally taxable basis, the Agency proposes to
issue its Community Redevelopment Agency of the City of Palm Springs Merged
Project No. 2 Taxable Tax Allocation Bonds, 2007 Series C (the "2007 Series C
Bonds") pursuant to a First Supplement to Indenture of Trust (the "2007 Series C Bonds
First Supplement"), dated as of August 1, 2007, by and between the Agency and the
Trustee;
WHEREAS, the 2004 Merged Project No. 2 Bonds Indenture permits the
issuance of Parity Debt (within the meaning of the 2004 Merged Project No. 2 Bonds
Indenture) payable from Tax Revenues (as defined in the 2004 Merged Project No. 2
Bonds Indenture) on a parity with the 2004 Merged Project No. 2 Bonds, subject to
certain terms and conditions;
WHEREAS, 2007 Series C Bonds First Supplement is entered into pursuant to
and in accordance with the provisions of Section 3.05 and Section 7.01(c) of the 2004
Merged Project No. 2 Bonds Indenture for the purpose of prescribing the terms and
conditions applicable to the issuance of the 2007 Series C Bonds as Parity Debt under
the 2004 Merged Project No. 2 Bonds Indenture, and for the purposes of amending and
supplementing the 2004 Merged Project No. 2 Bonds Indenture with respect thereto,
which amendments and supplements the Agency hereby determines will not materially
adversely affect the interests of the owners of the Bonds (as defined in the 2004
' Merged Project No. 2 Bonds Indenture);
Resolution No. 1331
Page 3
WHEREAS, the 2007 Series A Bonds, the 2007 Series B Bonds and the 2007
Series C Bonds are herein referred to collectively as the "Bonds;"
WHEREAS, the Agency proposes to sell the Bonds to the City of Palm Springs
Financing Authority (the "Authority") which will concurrently sell the Bonds to Stone &
Youngberg LLC, as purchaser of the Bonds (the "Underwriter'), all on the terms and
conditions herein set forth and as provided in the two separate forms of Bond Purchase
Agreements (the "Purchase Agreements") on file with the Secretary;
WHEREAS, the Agency has, with the assistance of its Financial Advisor, Harrell
& Company Advisors, LLC, and its Disclosure Counsel, Fulbright & Jaworski L.L.P.,
caused to be prepared two separate Official Statements describing the 2007 Series A
Bonds and the 2007 Series B Bonds and describing the 2007 Series C Bonds,
respectively, the preliminary forms of which are on file with the Secretary (the "Official
Statements"); and
WHEREAS, the Agency, with the aid of its staff has reviewed the 2007 Series A
Bonds First Supplement, the 2007 Series B Bonds Second Supplement, the 2007
Series C Bonds First Supplement, the Purchase Agreements and the two Official
Statements; and the Agency wishes at this time to approve the foregoing in the public
interests of the Agency;
NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment
' Agency of the City of Palm Springs, as follows:
Section 1. Issuance of 2007 Series A Bonds; Approval of 2007 Series A Bonds
First Supplemen#. The Agency hereby authorizes the issuance of the 2007 Series A
Bonds under and pursuant to the Law and the 2004 Merged Project No. 1 Bonds
Indenture, as amended and supplemented, including as amended and supplemented
by the 2007 Series A Bonds First Supplement in an aggregate principal amount, which
when added to the aggregate principal amount of the Series B Bonds, does not exceed
$20,000,000. The Agency hereby approves the 2007 Series A Bonds First Supplement
in substantially the form thereof on file with the Secretary together with any additions
thereto or changes therein deemed necessary or advisable by the Executive Director,
including, without limitation, the addition to the 2007 Series A Bonds First Supplement
of the final interest rates payable with respect to the 2007 Series A Bonds and the final
principal amount and annual maturities of the 2007 Series A Bonds, as contained in the
applicable Purchase Agreement hereinafter approved, and execution of the 2007
Series A Bonds First Supplement shall be deemed conclusive evidence of the Agency's
approval of such additions or changes. The Chairman and Secretary of the Agency are
hereby authorized and directed to execute, attest and affix the seal of the Agency to the
2007 Series A Bonds First Supplement for and in the name and on behalf of the
Agency. The Agency hereby authorizes the delivery and performance of the 2007
Series A Bonds First Supplement.
Section 2. Issuance of 2007 Series B Bonds; Approval of 2007 Series B Bonds
Second Supplement. The Agency hereby authorizes the issuance of the 2007 Series B
Bonds under and pursuant to the Law and the 2004 Merged Project No. 1 Bonds
Resolution No. 1331
Page 4
Indenture, as amended and supplemented, including as amended and supplemented
by the 2007 Series B Bonds Second Supplement, in an aggregate principal amount,
which when added to the aggregate principal amount of the Series A Bonds, does not
exceed $20,000,000. The Agency hereby approves the 2007 Series B Bonds Second
Supplement in substantially the form thereof on file with the Secretary together with any
additions thereto or changes therein deemed necessary or advisable by the Executive
Director, including, without limitation, the addition to the 2007 Series B Bonds Second
Supplement of the final interest rates payable with respect to the 2007 Series B Bonds
and the final principal amount and annual maturities of the 2007 Series B Bonds, as
contained in the applicable Purchase Agreement hereinafter approved, and execution
of the 2007 Series B Bonds Second Supplement shall be deemed conclusive evidence
of the Agency's approval of such additions or changes. The Chairman and Secretary of
the Agency are hereby authorized and directed to execute, attest and affix the seal of
the Agency to the 2007 Series B Bonds Second Supplement for and in the name and
on behalf of the Agency. The Agency hereby authorizes the delivery and performance
of the 2007 Series B Bonds Second Supplement.
Section 3. Issuance of 2007 Series C Bonds: Approval of 2007 Series C Bonds
First Supplement. The Agency hereby authorizes the issuance of the 2007 Series C
Bonds in the aggregate principal amount of not to exceed $7,000,000 under and
pursuant to the Law and the 2004 Merged Project No. 2 Bonds Indenture, as amended
and supplemented, including as amended and supplemented by the 2007 Series C
Bonds First Supplement. The Agency hereby approves the 2007 Series C Bonds First
Supplement in substantially the form thereof on file with the Secretary together with any
additions thereto or changes therein deemed necessary or advisable by the Executive
Director, including, without limitation, the addition to the 2007 Series C Bonds First
Supplement of the final interest rates payable with respect to the 2007 Series C Bonds
and the final principal amount and annual maturities of the 2007 Series C Bonds, as
contained in the applicable Purchase Agreement hereinafter approved, and execution
of the 2007 Series C Bonds First Supplement shall be deemed conclusive evidence of
the Agency's approval of such additions or changes. The Chairman and Secretary of
the Agency are hereby authorized and directed to execute, attest and affix the seal of
the Agency to the 2007 Series C Bonds First Supplement for and in the name and on
behalf of the Agency. The Agency hereby authorizes the delivery and performance of
the 2007 Series C Bonds First Supplement.
Section 4. Sale of Bonds. The Agency hereby authorizes the sale of the Bonds
to the Authority for concurrent resale by the Authority to the Underwriter pursuant to and
in accordance with the Purchase Agreements in substantially the forms on file with the
Secretary together with any additions thereto or changes therein approved by the
Executive Director (or his written designee), whose execution thereof shall be
conclusive evidence of such approval. The Agency hereby delegates to the Executive
Director (and to his written designee) the authority to accept an offer from the
Underwriter to purchase the Bonds from the Authority and to execute the Purchase
Agreements for and in the name and on behalf of the Agency; provided, however, (i)
that the true interest cost payable with respect to the 2007 Series A Bonds shall not
exceed six percent (6.00%) and the purchase price paid by the Underwriter for the
purchase of 2007 Series A Bonds shall be not less than 99.275 percent of the par
Resolution No. 1331
Page 5
amount thereof, excluding any original issue discount on the 2007 Series A Bonds, (ii)
that the true interest cost payable with respect to the 2007 Series B Bonds shall not
exceed seven percent (7.00%) and the purchase price paid by the Underwriter for the
purchase of 2007 Series B Bonds shall be not less than 99,275 percent of the par
amount thereof, excluding any original issue discount on the 2007 Series B Bonds, and
(iii) that the true interest cost payable with respect to the 2007 Series C Bonds shall not
exceed seven percent (7.00%) per annum and the purchase price paid by the
Underwriter for the purchase of 2007 Series C Bonds shall be not less than 99.250
percent of the par amount thereof, excluding any original issue discount on the 2007
Series C Bonds.
Section 5. Official Statements. The Agency hereby approves the two separate
preliminary Official Statements describing the 2007 Series A Bonds and the 2007
Series B Bonds and describing the 2007 Series C Bonds, respectively, in substantially
the forms on file with the Secretary, together with any changes therein or additions
thereto necessary or convenient to cause the preliminary Official Statements to
describe accurately matters pertaining to the Bonds and the Executive Director (or his
written designee) is authorized and directed on behalf of the Agency to review the final
forms of preliminary Official Statements and to deem the preliminary Official
Statements "near final' pursuant to Rule 15c2-12 under the Securities Exchange Act of
1934, prior to its distribution by the Underwriter. The Underwriter is hereby authorized
to distribute the "near final' preliminary Official Statements in connection with the
marketing of the Bonds. The Executive Director (or his written designee) is hereby
authorized and directed to approve any changes in or additions to the final form of such
Official Statements as the Executive Director (or his written designee) shall deem
advisable to cause the final Official Statements to describe accurately the Bonds and
matters contained in the Purchase Agreements, to execute (or to cause to be so
executed by his written designee) and deliver said final Official Statements for and in
the name and on behalf of the Agency and to execute and deliver to the Underwriter
Continuing Disclosure Certificates substantially in the forms appended to the respective
Official Statements.
Section 6. Taxable Bonds. Pursuant to the provisions of Chapter 11 of Division
6 of Title 1 (commencing with Section 5900) of the Government Code of the State of
California, the Agency hereby determines that the interest payable on the 2007 Series
B Bonds and on the 2007 Series C Bonds will be subject to federal income taxation
under law in existence on the date of issuance of the 2007 Series B Bonds and the
2007 Series C Bonds.
Section 7. Appointment of Financial Advisor, Bond Counsel and Disclosure
Counsel. Harrell and Company Advisors, LLC, Jones Hall, A Professional Law
Corporation and Fulbright & Jaworski L.L.P. are hereby approved to provide financial
consulting services, bond counsel legal services and disclosure counsel services,
respectively, such services, and the compensation therefore, to be as provided in
related agreements on file with the Agency or as approved by the Executive Director of
the Agency.
Resolution No. 1331
Page 6
Section 8. Credit Rating and Bond Insurance Expenses. The Agency staff and
' its consultants for the Bonds and the Underwriter are hereby authorized and directed to
make application to one or more credit rating agencies for assignment of a credit rating
to the Bonds or to one or more insurance companies for bond insurance with respect to
the Bonds, or both (as the Financial Advisor shall recommend), and the Authority shall
pay expenses, including travel expenses, incurred by the Financial Advisor or the
Underwriter incident to any such application or shall reimburse the Financial Advisor or
the Underwriter for any advance of such expenses, such reimbursement to be made to
the Financial Advisor or the Underwriter, as applicable, not more than thirty (30) days
following the date of any such advance (all expenses to be paid to the Financial Advisor
or the Underwriter, as applicable, or ultimately to be reimbursed to the Agency from the
proceeds of the Bonds as costs of issuance).
Section 9. Official Action. All actions heretofore taken by the officers and agents
of the Agency with respect to the issuance of the Bonds are hereby approved,
confirmed and ratified. The Chairman, the Executive Director, Secretary, Assistant
Secretary, the Treasurer, the Assistant Treasurer and the General Counsel of the
Agency and any and all other officers of the Agency are hereby authorized and
directed, for and in the name and on behalf of the Agency, to do any and all things and
take any and all actions, including execution and delivery of any and all assignments,
certificates, requisitions (including, but not limited to, requisitions for payment of costs
of issuance of the Bonds), agreements (including, but not limited to, agreements in
customary form providing for investment of the proceeds of the Bonds), notices,
' consents, instruments of conveyance, warrants and other documents, which they, or
any of them, may deem necessary or advisable in order to consummate the sale,
issuance and delivery of the Bonds to the Authority and the Underwriter pursuant to the
documents approved herein. Whenever in this Resolution any officer of the Agency is
authorized to execute or attest any document or take any action, such officer may
designate any other officer of the Agency to act on behalf of such officer in the case
such officer shall be absent or unavailable, such designation to be approved or ratified
in writing by the designating officer prior to the delivery of the Bonds.
Section 10, Effective Date. This resolution shall take effect from and after the
date of approval and adoption thereof.
PASSED AND ADOPTED THIS 181h DAY OF JULY, 2007.
David H. Ready, xe director
ATTEST:
/J�a es Thompson, Assistant Secretary
v
Resolution No. 1331
Page 7
' 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. 1331 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 July 18, 2007, by the following
vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
/lahnas Thompson, Assistant Secretary
E60mmunity Redevelopment Agency
City of Palm Springs, California
RESOLUTION NO. 1332
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING A
REIMBURSEMENT AGREEMENT WITH SUNCAL
COMPANIES FOR THE PAVING OF A PORTION OF SAN
RAFAEL ROAD, MERGED PROJECT AREA NO. 1, IN THE
AMOUNT OF $27,984.80. A0520C.
WHEREAS, the Redevelopment Plan for the Merged Project Area #1 states that
the Agency is authorized to install and construct, or to cause to be installed and
constructed, within or without the Project Area, for itself or for any public body or entity,
for the benefit of the Project Area, public improvements and public utilities, including,
but not limited to, street and alley improvements and bridges. (§324); and
WHEREAS the Community Redevelopment Agency has approved, by resolution,
the construction of certain street improvements in the Project Area on San Rafael Road,
as furthering the purposes of the Redevelopment and allowed under §324 of the
Redevelopment Plan; and
WHEREAS the Community Redevelopment Agency and the SunCal Companies
have approved a Reimbursement Agreement that provides for the payment for the
construction of those improvements; and
WHEREAS the California Health & Safety Code Section 33421.1 requires that
the legislative body make a finding that the provision of public improvements such as
streets, sidewalks, utilities, or other public improvements which an owner or operator of
the site would otherwise be obliged to provide is necessary to effectuate the purposes
of the Redevelopment Plan.
NOW THEREFORE 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. The Reimbursement Agreement ("RADDA") with SunCal Companies is
hereby approved and incorporated herein by this reference.
SECTION 3. The Executive Director, or his designee, is hereby authorized to execute
on behalf of the Agency the Agreement, in a form approved by Agency Counsel.
ADOPTED THIS 25TH DAY OF JULY, 2007.
David H. Ready, Executiv
Resolution No. 1332
Page 2
ATTEST:
i
ddries Thompson, Assistant Secretary
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Assistant Secretary of the City of Palm Springs Community
Redevelopment Agency, hereby certify that Resolution No. 1332 is a full, true and
correct copy, and was duly adopted at a regular meeting of the City of Palm Springs
Redevelopment Agency of the on July 25, 2007, by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Vice Chair Pougnet,
Chair Oden.
NOES: None.
ABSENT: Agency Member Mills.
' ABSTAIN: None.
es Thompson, Assistant Secretary
mmunity Redevelopment Agency
vvvvvv City of Palm Springs, California
RESOLUTION NO. 1333
' A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING AMENDMENT NO.
2 TO THE IMPLEMENTATION AGREEMENT WITH VISTA
SUNRISE APARTMENTS, LP AND MBA DEVELOPMENT
CORP. TO ALLOW $55,000 OF THE PUBLIC
IMPROVEMENTS HOLDBACK TO BE USED TO
INCREASE AND ENHANCE THE MECHANICAL
SCREENING AND LANDSCAPING ALONG THE VISTA
CHINO ROAD/HIGHWAY 111 FRONTAGE. A0464C.
WHEREAS, the Community Redevelopment Agency of the City of Palm Springs
(the "Agency") has established an affordable housing setaside fund in accordance with
Section 33000 et. seq. of the California Health and Safety Code; and
WHEREAS, the Agency and the Developer entered into that certain Restated
and Amended Disposition and Development Agreement ("RADDA") dated February 15,
2005 which provided for the construction of 85 affordable housing units pursuant to the
terms of the RADDA; and
' WHEREAS, as the parties began the implementation of the terms of the RADDA
they discovered that certain assumptions concerning financing requirements and timing
of the adjacent health care facility project necessitated non-material revisions for
purposes of the Agency in the form of the Promissory Notes and Deeds of Trust which
have to be clarified but which do not affect the Agency's basic financial contribution to
the Project or the Scope of the Project; and
WHEREAS, the Agency and the Developer entered into that certain
Implementation Agreement ("Original Agreement ") approved May 18, 2005, for
purposes of clarifying the parties' understandings of how the RADDA will be
implemented and to make certain non-material revisions to the terms of the RADDA as
more particularly set forth therein;
WHEREAS, in September 2005, the Parties approved the First Amendment to
the Implementation Agreement to make certain additional revisions to the financing of
the Project which were which did not materially affect the Agency's basic financial
contribution to the Project or materially change the Scope of the Project.
WHEREAS, the Agency and the Developer now desire to approve Amendment
No. 2 to the Implementation Agreement in accordance with the terms and conditions set
forth in this Amendment. For purposes hereof, the Amended Agreement and this
' Amendment are collectively referred to as the "Agreement."
Resolution No, 1333
Page 2
' 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. Amendment No. 2 to the Implementation Agreement with Vista
Sunrise Apartments, LP, is hereby approved and incorporated herein by this reference.
SECTION 3. The Executive Director, or his designee, is hereby authorized to
execute on behalf of the Agency the Amendment No. 2 to the Implementation
Agreement and other documents necessary to the Agreement, and make minor
changes as may be deemed necessary, in a form approved by Agency Counsel.
ADOPTED THIS 25T" DAY OF JULY, 2007.
David H. Ready, Ex ve Director
ATTEST:
!a es Thompson, Assistant Secretary
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Assistant Secretary of the City of Palm Springs Community
Redevelopment Agency, hereby certify that Resolution No. 1333 is a full, true and
correct copy, and was duly adopted at a regular meeting of the City of Palm Springs
Redevelopment Agency of the on July 25, 2007, by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Vice Chair Pougnet,
Chair Oden.
NOES: Agency Member Mills.
ABSENT: None,
ABSTAIN: None. J
' a Thompson, Assistant Secretary
ommunity Redevelopment Agency
City of Palm Springs, California
RESOLUTION NO. 1334
' A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING A CHANGE
ORDER WITH DATELAND CONSTRUCTION IN AN
AMOUNT NOT TO EXCEED $90,000 FOR THE
CONSTRUCTION OF CERTAIN IMPROVEMENTS AT
VISTA SUNRISE APARTMENTS. A0517C.
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
RESOLVES:
A Change Order with Dateland Construction in an amount not to exceed $90,000 for the
construction of certain improvements at Vista Sunrise Apartments, is hereby approved.
ADOPTED THIS 25T" DAY OF JULY, 2007.
David H. Ready, xecc-tSirector
ATTEST:
' es Thompson, Assistant Secretary
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Assistant Secretary of the City of Palm Springs Community
Redevelopment Agency, hereby certify that Resolution No. 1334 is a full, true and
correct copy, and was duly adopted at a regular meeting of the City of Palm Springs
Redevelopment Agency of the on July 25, 2007, by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Vice Chair Pougnet,
Chair Oden.
NOES: Agency Member Mills.
ABSENT: None.
ABSTAIN: None.
mes Thompson, Assistant Secretary
ommunity Redevelopment Agency
City of Palm Springs, California
RESOLUTION N0. 1335
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING CONTINUING
APPROPRIATIONS FROM FISCAL YEAR 2006-07 TO
FISCAL YEAR 2007-08
WHEREAS, the City Council of the City of Palm springs has adopted a budget for
Fiscal Year 2007-08; and
WHEREAS, certain projects budget in Fiscal Year 2006=07 have been started
but not completed; and
WHEREAS, the unencumbered balances of these certain appropriations are
necessary for completion of the projects.
NOW THEREFORE THE CITY COUNCIL HEREBY RESOLVES AS FOLLOWS:
SECTION 1. The City Council authorizes carrying forward to the nearest dollar, as
continuing appropriations into Fiscal Year 2007-08, the amount indicated or the final
audited unencumbered balances whichever is the lesser amount, as of June 30, 2007 of
the following accounts:
ACCOUNT NO: ACCOUNT TITLE AMOUNT
811-8191-43960 Property Tax 3,099.45
811-8191-50000 Unscheduled Capital Projects 329,720.90
81 1-81 91-50005 Unscheduled Bond Proceeds 33,721.74
811-8191-54049 General Plan Update 60,000.00
811-8191-54057 City Hall Furniture 35,000.00
811-8191-65169 Desert Hotel Property 4,814.11
811-8191-65181 Stevens/NPC 16,000.00
81 1-81 91-6 51 89 Cork N Bottle Purchase 1,975.14 484,331.34
812-8192-50000 Unscheduled Capital Projects 810,915.17
812-8192-50005 Unscheduled Bond Proceeds 2,183,094.14
812-8192-65171 S Palm Canyon Widening 796,652.20 3,790,661.51
882-8382-50000 Unscheduled Capital Projects 10,383,36
882-8382-65122 SFR Rehab Program 4,264.53
882-8382-65145 Desert Highland Infill 5,522.38
882-8382-65146 Vista Sunrise 518,189.35
882-8382-65147 El Dorado MDH 102,893,30
882-8382-65158 Tahquitz Court Apts 416,816.00
882-8382-65170 Desert Highland Infill 50,000.00
882-8382-65174 North Indian/San Rafael 1,496.00
882-8382-65188 Coyote Run II 146,923.00
882-8382-65190 Housing Element Update 43,973,00 1,300,460.92
GRAND TOTAL $ 5,575,453.77 5,575,453.77
Resolution No. 1335
Page 2
SECTION 2. All appropriations approved subsequent to the passage of this resolution
for Fiscal Year 2006-07, and not expended, are authorized to be continued into Fiscal
Year 2007-08.
ADOPTED THIS 25T" DAY OF JULY, 2007.
David H. Ready, -: N e Director
ATTEST:
es Thompson, Assistant Secretary
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Assistant Secretary of the City of Palm Springs Community
' Redevelopment Agency, hereby certify that Resolution No. 1335 is a full, true and
correct copy, and was duly adopted at a regular meeting of the City of Palm Springs
Redevelopment Agency of the on July 25, 2007, by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
Vice Chair Pougnet, Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
�(mes Thompson, Assistant Secretary
Community Redevelopment Agency
(/ City of Palm Springs, California
1
RESOLUTION NO. 1336
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF
PALM SPRINGS, CALIFORNIA, APPROVING A
REIMBURSEMENT AGREEMENT WITH THE PALM
SPRINGS INTERNATIONAL FILM FESTIVAL, IN AN
AMOUNT NOT TO EXCEED $150,000, FOR TENANT
IMPROVEMENTS ON A CITY OWNED PROPERTY,
LOCATED AT 538 NORTH PALM CANYON DRIVE, IN
FRANCES STEVENS PARK, MERGED PROJECT
AREA NO. 1.
WHEREAS, the City Council of the City of Palm Springs adopted the Amended and
Restated Redevelopment Plans for Merged Redevelopment Project No. 1 and Merged
Redevelopment Project 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.
WHEREAS, the City owns the Palm Canyon Theatre located at 538 North Palm Canyon
Drive in Palm Springs, California ("Theatre"). The Theatre is leased to a live theater
group, the Palm Canyon Theatre, a California nonprofit corporation ("Tenant") under
that Lease dated the 9th day of July 1997, and amendments thereto ("Lease"), and the
City approved a Palm Canyon Theatre Use Agreement with Palm Springs International
Film Festival ("PSIFF") a California nonprofit corporation on June 20, 2007, giving
PSIFF right and access to the Theatre during certain agreed-upon days.
WHEREAS, the City Council of the City of Palm Springs at its September 19, 2007
meeting determined the following, based on the recitals contained in its resolution and
the findings and facts provided in the resolution, the agenda report, public testimony,
and any other relevant and supporting evidence, and in full accordance with the
provisions of the Statute:
1. The buildings, facilities, structures or other improvements are of benefit to the
project area or the immediate neighborhood in which the project is located,
regardless of whether the improvement is within another project area, or in the
case of a project area in which substantially all of the land is publicly owned that
the improvement is of benefit to an adjacent project area of the Agency.
2. No other reasonable means of financing the buildings, facilities, structures, or
other improvements, are available to the community.
3. The payment of funds for the acquisition of land or the costs of buildings,
' facilities, structures, or other improvements will assist in the elimination of one or
more blighting conditions inside the project area or provide housing for low or
Resolution No. 1336
' Page 2
moderate income persons, and is consistent with the implementation plan
adopted pursuant to the California Health and Safety Code Section 33490.
WHEREAS, the PSIFF will undertake a significant tenant improvement project at the
facility and will contribute up to $70,000 to the improvement costs, to be matched by
$150,000 in Agency funds.
NOW, THEREFORE, THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY
OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. The Reimbursement Agreement with the Palm Springs International Film
Festival, in an amount not to exceed $150,000, for tenant improvements on a City-
owned property located at 538 North Palm Canyon Drive, in Frances Stevens Park, in a
form acceptable to the Agency Counsel, is hereby approved.
Section 2. The Executive Director is hereby authorized to execute the Agreement
and all related documents.
ADOPTED THIS 19TH DAY OF SEPTEMBER, 2007.
David H. Ready,,"F%c�6fector
ATTEST:
?me7s Thompson, Assistant Secretary
Resolution No. 1336
' 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. 1336 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 September, 2007,
by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
' es Thompson, Assistant Secretary
ommunity Redevelopment Agency
City of Palm Springs, California
' RESOLUTION NO. 1337
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING A CONSTRUCTION
LICENSE AGREEMENT WITH ENDURE INVESTMENTS,
LLC TO ALLOW ACCESS TO AN AGENCY OWNED
PARCEL. OF APPROXIMATELY 19,000 SQUARE FEET
FOR THE PLACEMENT OF A CONSTRUCTION TRAILER
TO FACILITATE THE COMPLETION OF THE SPRINGS
SHOPPING CENTER, MERGED PROJECT AREA NO. 1.
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Construction License Agreement with Endure Investments, LLC to
allow access to an Agency-owned parcel of approximately 19,000 square feet for the
placement of a construction trailer to facilitate the completion of the Springs Shopping
Center, Merged Project Area No. 1, is hereby approved.
SECTION 2. The Executive Director or his designee is hereby authorized to execute all
documents related to the Agreement.
ADOPTED THIS 19TH DAY OF SEPTEMBER, 2007.
e
David H. Ready,�ecutive Director ��
ATTEST:
/J,�mes Thompson, Assistant Secretary
1
Resolution No. 1337
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. 1337 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 19t' day of September, 2007,
by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
es Thompson, Assistant Secretary
' Gtommunity Redevelopment Agency
City of Palm Springs, California
1
i` RESOLUTION NO. 1338
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT
WITH DMC DESIGN GROUP INC. FOR PROFESSIONAL.
SURVEY AND ENGINEERING DESIGN SERVICES FOR
THE DOWNTOWN TRASH ENCLOSURE IN AN AMOUNT
OF $52,740.00-
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Consulting Services Agreement "Agreement" with DMC Design Group
Inc- for Professional Surveying and Engineering Design Services for the Downtown
Trash Enclosure design and survey in an amount not to exceed $52,740,00.
SECTION 2 The Executive Director or his designee is hereby authorized to execute all
documents related to the Agreement.
ADOPTED THIS 7T" DAY OF NOVEMBER, 2007-
David H. Ready, E e Director
ATTEST:
mes Thompson, As�Secretary
Resolution No. 1338
Page 2
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) $$-
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Assistant Secretary of the Community Redevelopment Agency
of City of Palm Springs, hereby certify that Resolution No. 1338 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 7�h day of November, 2007, by the fallowing
vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
mes Thompson, Assistant Secretary- - _
Community Redevelopmen'CAgenay j 2�/zoos
City of Palm Springs, California /. 7
RESOLUTION NO. 1339
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING THE AGREEMENT
WITH DAVID VOLZ DESIGN FOR PROFESSIONAL
LANDSCAPE ARCHITECTURE DESIGN SERVICES FOR
THE ENHANCEMENT OF THE DOWNTOWN ALLEYWAY
BEHIND THE PARKING STRUCTURE IN AN AMOUNT
NOT TO EXCEED $35,000.00.
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Consulting Services Agreement "Agreement" with David Volz Design
for Professional Landscape Architectural Design Services for the Downtown Alleyway
enhancements in an amount not to exceed $35,000.00.
SECTION 2 The Executive Director or his designee is hereby authorized to execute all
documents related to the Agreement.
ADOPTED THIS 7T" DAY OF NOVEMBER, 2007.
David H. Ready, E e Director
ATTEST:
ames Thompson, Assistant Secretary
Resolution No. 1339
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 City of Palm Springs, hereby certify that Resolution No. 1339 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 71h day of November, 2007, by the following
vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
J es Thompson, Assistant Secretary -
ommunity Redevelopment-Agency i ►�zap-�
City of Palm Springs, California �'
RESOLUTION NO. 1340
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING FOCUSED
DEVELOPMENT AREA ONE BOUNDARIES WITHIN
"DESIGN FOR DEVELOPMENT" MASTER PLAN AREA.
BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm
Springs that the "Focused Development Area One' boundaries within "Design for
Development" Master Plan Area are hereby approved.
ADOPTED this 14th day of November, 2007.
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.1340 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 14t' day of November, 2007,
by the following vote:
AYES: Agency Member Foat, Agency Member McCulloch, Agency Member Mills,
Vice Chair Pougnet, and Chair Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
es Thompson, City Clerk-
ommunity RedevelopmenirAgency -
City of Palm Springs; California
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RESOLUTION NO. 1341
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING THE PURCHASE
AND ACCEPTANCE OF GRANT DEEDS FROM THE CITY
OF PALM SPRINGS, CALIFORNIA, FOR THE PURCHASE
OF THE CONVENTION CENTER NORTH PARKING LOT,
PALM CANYON THEATER, THE DESERT ART CENTER,
AND FRANCES STEVENS PARK FROM THE CITY OF
PALM SPRINGS.
WHEREAS, The Community Redevelopment Agency of the City of Palm Springs
("Agency") is a public body, corporate and politic, exercising governmental functions
and powers and organized and existing under the Community Redevelopment Law of
the State of California (Health and Safety Code Section 33000, et seg.)
WHEREAS, The Agency desires to implement the Amended and Restated
Redevelopment Plan for its Merged Redevelopment Project Area #1 and Merged
Redevelopment Project Area #2 ("Project Areas") by providing for the acquisition of
certain public facilities in the Project Area designated herein.
WHEREAS, The Agency finds that the properties which are the subject of this
resolution are being acquired to implement and further the purposes of the adopted
redevelopment plans for Merged Redevelopment Project Area #1 and Merged
Redevelopment Project Area #2.
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of
the City of Palm Springs, as follows:
SECTION 1. The Agency approves the purchase of a parcel of land from the City of
Palm Springs within Merged Project Area No. 1 , generally identified as
Frances Stevens Park (APN 505-325-003), which includes the Palm
Canyon Theater (538 North Palm Canyon Drive) and the Desert Art
Center (550 North Palm Canyon Drive).
SECTION 2. The Agency agrees to pay the fair market value of Four Million Eight
Hundred Twenty Three Thousand Dollars ($4,823,000) to the City of Palm
Springs for said parcel, and accepts the assignment of the Lease
Agreement between the City of Palm Springs and Palm Canyon Theater
and the Theater Use Agreement with the Palm Springs International Film
Festival for the use of the Palm Canyon Theater, and a Lease Agreement
between Desert Art Center, Inc. of the Coachella Valley and the City for
the Desert Art Center.
SECTION 3. The Agency approves the purchase three parcels of land within Merged
Project Area No. 2, generally identified as the Convention Center North
Parking Lot (APNs 508-023-012, 013, and 014) from the City of Palm
Springs.
SECTION 4. The Agency agrees to pay the fair market value of Four Million Six
Hundred Seventy Five Thousand Dollars ($4,675,000) to the City and
accepts the provisions of the Amended Exclusive Agreement to Negotiate
between the City and the Oasi Group, LLC, which provides for the sale of
the property to the Developer per the terms of a Disposition and
Development Agreement.
SECTION 5. The Community Redevelopment Agency of Palm Springs authorizes and
directs the Agency Executive Director to pay to the City the purchase
price, execute an acceptance on behalf of the Agency, and to execute
such other documents as may be reasonably necessary or prudent to
complete this transaction.
ADOPTED this 12th day of December, 2007.
David H. Ready, E ive Director
ATTEST: _
Parries 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.1341 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 12th day of December, 2007,
by the following vote:
AYES: Agency Member Hutcheson, Agency Member Mills, Agency Member
Weigel, Vice Chair Foat, and Chair Pougnet.
NOES: None.
ABSENT: None.
ABSTAIN: WdMX See minutes for abst ion.
Cmes Thompson, City Clerk
ommunity Redevelopment Agency_ ti®� "
City of Palm Springs,California
RESOLUTION NO. 1342
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING A DISPOSITION
AND DEVELOPMENT AGREEMENT WITH RE: LOFT
PARTNERS PALM SPRINGS, LLC, FOR A 7.8 ACRE
AGENCY-OWNED PARCEL AT THE NORTHEAST
CORNER OF CALLE ALVARADO AND AMADO ROAD,
MERGED REDEVELOPMENT PROJECT AREA NO. 2,
FOR THE DEVELOPMENT OF THE MONDRIAN HOTEL
WITH 200 ROOMS, 50 CONDOMINIUM-HOTEL UNITS,
AND 150 CONDOMINIUM UNITS.
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, the Re: Loft Partners Palm Springs, LLC ("Developer") has received
Planned Development District approval from the City of Palm Springs to develop a First
Class Hotel on a 7.8+ acre Agency-owned site under the terms of an Exclusive
Agreement to Negotiate; and
WHEREAS, expansion of the hotel inventory in proximity to the City's Convention
Center, especially in the First Class Hotel category, is an objective of the City and
Agency to increase the vitality of the downtown area, the Convention Center, and the
tourism industry; 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
WHEREAS, the Agency has considered the staff report, and all the information,
testimony and evidence provided during the Agency public meeting on December 19,
2007.
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 Planned Development District application, a Mitigated Negative Declaration was
Resolution No. 1342
Page 2
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 Assessment/Mitigated 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 Assessment/Mitigated Negative Declaration
reflects its independent judgment.
a) The Developer proposes to construct a Mondrian Hotel consisting of at least
200 hotel rooms and at least 50 condo-hotel units, and no more than 150
condominiums on the Site. The Developer shall construct all of the
improvements at Developer's sole cost.
b) The Developer shall pay to Agency the appraised value for the Agency's
parcels, the sum of Four Million Six Hundred Seventy Five Thousand Dollars
($4,675,000).
c) The Agency finds that the Developer's Project on the Site is not a public work
under the applicable provisions of California Labor Code Sections 1720 et
seq.
SECTION 3. The Developer is required to make certain street improvements in
keeping with City codes. Such offsite improvements are imperative to this project and
include reconstructing streets, curbs, gutters, and sidewalks along Amado Road and
Calle Alvarado; undergrounding utilities; and providing drainage around the project.
This project improves a corner of Merged Project Area #2 and will increase tax
increment to the Agency.
SECTION 4. The Agency hereby finds and determines as follows:
a) The property is currently developed as the Convention Center North Parking
Lot. The Convention Center is a major community tourism asset and was
completed and dedicated December 31, 1987 and contained approximately
110,000 square feet. In 1992, the City completed a 47,000 square foot
expansion to the facilities. The City expanded the Convention Center once
again in 2004-2005, adding another 100,000 square feet.
b) The DDA 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 sale of the property will
facilitate the development and upgrade of the property, placing the property in
the hands of a first class hotel operator, in order to develop new transient
Resolution No. 1342
Page 3
occupancy and sales tax revenue, and attract additional commercial
development within the City, increasing the City's tax base.
c) The DDA 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 5. The proposed project is consistent with the Implementation Plan for
Merged Redevelopment Project Area #2, insofar as this project will increase tax
increment and increase the City's tourist business by developing a destination resort
and creating an architecturally inviting project adjacent to a significant community
tourism asset.
SECTION 6. Based on foregoing reasons, this DDA is hereby approved and
incorporated herein by this reference.
SECTION 7. The Executive Director of the Agency, or his designee, is
authorized to execute all necessary documents, in a form approved by the Agency
Counsel.
ADOPTED this 19th day of December, 2007.
David H. Ready, Ex—&cV)ivCe0 irector
�-,',-T7ST:
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.1342 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 December, 2007,
by the following vote:
AYES: Agency Member Hutcheson, Agency Member Weigel, and Chair Pougnet.
NOES: None.
ABSENT: Agency Member Mills, and Vice Chair Foat.
ABSTAIN: None.
�ovies Thompson, City Clerk-o i �a�
mmunity Red evelopmentAgency-
City of Palm Springs, California
RESOLUTION NO. 1343
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING AMENDMENT NO. 2 TO AN EXCLUSIVE
AGREEMENT TO NEGOTIATE WITH O & M HR, LLC, A
DELAWARE LIMITED LIABILITY CORPORATION, FOR A 5.7
ACRE AGENCY OWNED PARCEL AT THE SOUTHEAST
CORNER OF CALLE EL SEGUNDO AND ANDREAS ROAD,
MERGED REDEVELOPMENT PROJECT AREA NO. 2, FOR
THE DEVELOPMENT OF A HARD ROCK HOTEL,
EXTENDING THE TERM TO JUNE 30, 2008.
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of
the City of Palm Springs, as follows:
SECTION 1. This Amendment No. 2 to the Exclusive Agreement to Negotiate with O &
M HR, LLC, a Delaware Limited Liability Corporation, is hereby approved.
SECTION 3. The Executive Director, or his designee, is hereby authorized to execute
on behalf of the Agency the Amendment, in a form approved by Agency
Counsel.
ADOPTED this 19th day of December, 2007.
David H. Ready, Exec° ' irector
ATTEST:
��l6mes Thompson, Assistant Secretary
Resolution No. 1343
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.1343 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 December, 2007,
by the following vote:
AYES: Agency Member Hutcheson, Agency Member Mills, Agency Member
Weigel, and Chair Pougnet.
NOES: None.
ABSENT: Vice Chair Foat.
ABSTAIN: None.
J� nes Thompson, City Clerk 1-j 0i Po
community Redevelopment Agency-
City of Palm Springs, California
RESOLUTION NO. 1344
A RESOLUTION OF THE COMMUNITY REDEVELOMENT
AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AMENDING THE BUDGET FOR THE FISCAL YEAR
2007-08.
WHEREAS, Resolution No. 1328 approving the budget for the fiscal year 2007-08 was
adopted on June 6, 2007; and
i
WHEREAS, the City Manager/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 1328, adopting the budget for the 2007-08 fiscal year is hereby amended as
follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
851 Capital Equipment 8191-65209 $153,384
Purpose: To provide additional funds for building repairs.
SECTION 2. SOURCE
Fund Activity Account Amount
821 Fund Balance 29301 ($153,384)
ADOPTED this 19th day of December, 2007.
David H. Ready, Exec Director
ATTEST:
( mes Thompson, Assistant ecretary
Resolution No. 1344
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.1344 is a full, true and correct
copy, and was duly adopted at regular meeting of the Community Redevelopment Agency
of the City of Palm Springs on the 1 gth day of December, 2007, by the following vote:
AYES: Agency Member Hutcheson,Agency Member Mills,Agency Member Weigel,
and Chair Pougnet.
NOES: None.
ABSENT: Vice Chair Foat.
ABSTAIN: None. p /
/Ta es Thompson, City Clerk ,^ a of �ra�8
/Community Redevelopment Agency
` City of Palm Springs, California