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HomeMy WebLinkAbout2006-04-05 STAFF REPORTS RA1 CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY MINUTES WEDNESDAY, MARCH 22, 2006 CITY COUNCIL CHAMBER CALL TO ORDER: Chair Oden called the meeting to order at 8:46 P.M. ROLL CALL: PRESENT: Agency Member Mills, Agency Member Pougnet, Vice-Chair Foat, and Chair Oden. ABSENT: Agency Member McCulloch. ALSO PRESENT: Executive Director Ready, Agency Attorney Holland, Assistant Secretary Thompson. R'.A1. APPROVAL OF MINUTES: ACTION: Approve the Community Redevelopment Agency Minutes of March 15, 2006. Motion Agency Member Mills, seconded by Agency Member Pougnet and unanimously carried 4-0 on a roll call vote. AYES: Agency Member Mills, Agency Member Pougnet, Vice-Chair Foat and Chair Oden. NOES: None. ABSENT: Agency Member McCulloch. RA2. PROPOSED RESOLUTION SUPPORTING AN APPLICATION BY THE COACHELLA VALLEY HOUSING COALITION TO THE CALIFORNIA MULTI- FAMILY HOUSING PROGRAM FOR PROJECT FINANCING OF THE DEVELOPMENT OF A SO-UNIT APARTMENT PROJECT ON LAS VEGAS ROAD, DESERT HIGHLAND NEIGHBORHOOD, AGENCY FINANCIAL PARTICIPATION NOT-TO-EXCEED $1,200,000 IN GAP FINANCING: John Raymond, Director of Community and Economic Development, provided background information as outlined in the staff report dated March 22, 2006. Agency Member Pougnet requested clarification on the MHP funding. Vice-Chair Foat commented on the reasons for approving the commitment. Agency Member Mills requested clarification on the balance of the housing fund and the continued/future uses and commitments of the housing fund; and commented on the future understanding of housing within our current studies and upcoming General Plan. Chair Oden requested clarification on whether the project meets our current housing goals. Item No. R " 1 . City of Palm Springs Community Redevelopment Agency March 22, 2006 Minutes Page 2 Vice-Chair Foat commented on the importance of the project for the ability to obtain College of the Desert campus. Agency Member Mills commented on the priorities and the area of the City for this type and the need for the project. ACTION: Adopt Resolution "A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, SUPPORTING AN APPLICATION BY COACHELLA VALLEY HOUSING COALITION TO THE CALIFORNIA MULTI-FAMILY HOUSING PROGRAM FOR PROJECT FINANCING OF THE DEVELOPMENT OF A 50- UNIT APARTMENT PROJECT ON A 4.45 ACRE PARCEL ON LAS VEGAS ROAD IN THE DESERT HIGHLAND NEIGHBORHOOD, INCLUDING AGENCY FINANCIAL PARTICIPATION NOT-TO-EXCEED $1,200,000 IN GAP FINANCING AND DIRECTING STAFF TO DRAFT AN OWNER PARTICIPATION AGREEMENT." Motion Vice-Chair Foat, seconded by Chair Oden and failed 2-2 on a roll call vote. AYES: Vice-Chair Foat and Chair Oden. NOES: Member Mills and Member Pougnet. ABSENT: Member McCulloch. ADJOURNMENT: The Community Redevelopment Agency adjourned at 9:09 P.M. APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY THIS 5th DAY OF APRIL, 2006. Chair ATTEST: Assistant Secretary