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HomeMy WebLinkAbout22990 RESOLUTION NO. 22990 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, MAKING FINDINGS PURSUANT TO SECTION 33445 AND SECTION 33445.1 OF THE CALIFORNIA HEALTH & SAFETY CODE RELATING TO THE FINANCING OF CERTAIN REAL PROPERTY IMPROVEMENTS BY THE COMMUNITY REDEVELOPMENT AGENCY AND ACQUISITION OF REAL PROPERTY BY THE CITY OF PALM SPRINGS TO EFFECTUATE THE REDEVELOPMENT PLAN IN THE MERGED PROJECT AREA NO. 1. A6124. WHEREAS, the Central Business District Redevelopment Project was established on July 11, 1973, by Ordinance No. 959 and amended by Ordinance No. 1276 on November 11, 1986, Ordinance No. 1497 on December 21, 1994, Ordinance 1576 on December 15, 1999; Ordinance Nos. 1649 and 1651 adopted May 4, 2004; and Ordinance No. 1760 adopted May 27, 2009; and WHEREAS, the South Palm Canyon Redevelopment Project was established on November 30, 1983, by Ordinance No. 1203 and amended by Ordinance No. 1494 on December 21, 1994, Ordinance 1576 on December 15, 1999; Ordinance Nos. 1649 and 1651 adopted May 4, 2004; and Ordinance No. 1760 adopted May 27, 2009; and WHEREAS, the Ramon-Bogie Project was established on November 30, 1983, by Ordinance No. 1202 and amended by Ordinance No. 1490 on December 21,1994, Ordinance 1576 on December 15, 1999; Ordinance Nos. 1649 and 1651 adopted May 4, 2004; and Ordinance No. 1760 adopted May 27, 2009; and WHEREAS, the Oasis Redevelopment Project was established on July 10,1994, by Ordinance No. 1224 and amended by Ordinance No. 1495 on December 21, 1994, Ordinance 1576 on December 15,1999; and Ordinance Nos. 1649 and 1651 adopted May 4, 2004; and WHEREAS, the North Palm Canyon Redevelopment Project was established on September 19,1984, by Ordinance No.1227 and amended by Ordinance No. 1498 on December 21,1994, Ordinance 1576 on December 15,1999; and Ordinance Nos. 1649 and 1651 adopted May 4, 2004; and WHEREAS, the Highland-Gateway Redevelopment Project was established on November 20, 1984, by Ordinance No. 1231 and amended by Ordinance No. 1491 on December 21, 1994, Ordinance 1576 on December 15,1999; and Ordinance Nos. 1649 and 1651 adopted May 4, 2004; and Resolution No. 22990 Page 2 WHEREAS, Project Area No. 9 was established on December 29, 1988, by Ordinance No. 1321 and amended by Ordinance No. 1496 on December 21, 1994 and Ordinance Nos. 1649 and 1651 adopted May 4, 2004; and WHEREAS, the Central Business District Redevelopment Project, the South Palm Canyon Redevelopment Project, the Ramon-Bogie Redevelopment Project, the Oasis Redevelopment Project, the North Palm Canyon Redevelopment Project, and the Highland-Gateway Redevelopment Project were merged on May 31, 2000, by Ordinance No. 1584 to become Merged Project Area No. 1; and WHEREAS, the Redevelopment Plan for the Merged Project Area 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, California Health & Safety Code Section 33445 states that: "(a) Notwithstanding Section 33440, an agency may, with the consent of the legislative body, pay all or a part of the value of the land for and the cost of the installation and construction of any building, facility, structure, or other improvement that is publicly owned and is located inside or contiguous to the project area, if the legislative body determines all of the following: (1) That the acquisition of land or the installation or construction of the buildings, facilities, structures, or other improvements that are publicly owned are of benefit to the project area by helping to eliminate blight within the project area or providing housing for low- or moderate-income persons. (2) That no other reasonable means of financing the acquisition of the land or installation or construction of the buildings, facilities, structures, or other improvements that are publicly owned, are available to the community. (3) That the payment of funds for the acquisition of land or the cost of buildings, facilities, structures, or other improvements that are publicly owned is consistent with the implementation plan adopted pursuant to Section 33490. The Redevelopment Plan for the Merged Project Area 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; and WHEREAS the Community Redevelopment Agency and City Council have approved, by resolution, a Real Property Cooperation Agreement Between the City of Palm Springs and the Community Redevelopment Agency for Payment of Costs Associated with Certain Community Redevelopment Agency-Funded Capital Improvement and Affordable Housing Projects to provide funding for certain real Resolution No. 22990 Page 3 property improvements and property acquisition in the Project Area on North Indian Canyon Drive, Alejo Road, North Palm Canyon Drive, and Alejo Road, as furthering the purposes of the Redevelopment and allowed under the Redevelopment Plan; and WHEREAS, California Health & Safety Code Section 33445.1 states that: "(a) Notwithstanding Section 33440, an agency may, with the consent of the legislative body, pay all or a part of the value of the land for and the cost of the installation and construction of any building, facility, structure, or other improvement that is publicly owned and is located outside and not contiguous to the project area, but is located within the community, if the legislative body finds, based on substantial evidence in the record, all of the following: (1) The acquisition of the land or the installation or construction of the buildings, facilities, structures, or other improvements that are publicly owned are of primary benefit to the project area. (2) The acquisition of the land or the installation or construction of the buildings, facilities, structures, or other improvements that are publicly owned benefits the project area by helping to eliminate blight within the project area, or will directly assist in the provision of housing for low- or moderate-income persons. (3) No other reasonable means of financing the acquisition of the land or the installation or construction of the buildings, facilities, structures, or other improvements that are publicly owned, are available to the community, including, but not limited to, general obligation bonds, revenue bonds, special assessment bonds, or bonds issued pursuant to the Mello-Roos Community Facilities Act of 1982 (Chapter 2.5 (commencing with Section 53311) of Part 1 of Division 2 of Title 5 of the Government Code). In determining whether other means of financing are feasible, the legislative body may take into account any relevant factors, including, but not limited to: (A) Legal factors, such as the eligibility of the improvements for funding under the governing statutes. (B) Economic factors, such as prevailing interest rates and market conditions. (C) Political factors, such as the priority of commitments of other public funding sources, the ability or willingness of property owners or taxpayers to bear the cost of any special assessments, taxes, or other charges, and the likelihood of obtaining voter approval, if required. WHEREAS, the acquisition of the 3.63 acre property at Indian and San Rafael acquired by the Agency using Low/Mod Housing funds in September, 2001, which requires under California Redevelopment Law Section 33334.16, (limiting the time an Resolution No. 22990 Page 4 agency may hold land acquired with Low-Mod Setaside Funds to no more than five (5) years plus one five-year extension); the Agency dispose of or caused the development of a low or moderate income project by September 2011. WHEREAS, in the event that physical development of the property for this purpose has not begun by the end of the extended period, the property shall be sold and the proceeds deposited in the Agency's Low and Moderate Income Housing Fund and given the time necessary to either dispose of the property outright (through a purchase and sale agreement) or through a disposition and development agreement, this action would be to convey the property to the City with a note to the Low- and Moderate-Income Housing Fund for the balance of the price, with the ultimate sale or agreement with a developer undertaken by the City. Because of the Low-Mod nature of the projects proposed on this site, the Council finds this action to be consistent with Section 33334.16 and 33445.1 of California Redevelopment Law. THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Public Improvements and acquisition of real property proposed for the Plaza Theatre, Cork n Bottle, Case del Camino property, Catholic Church Parking Lot, Frances Stevens Park, the Downtown Parking Garage, the Village Green, and the Visitor Center are consistent with Section 33445 of California Redevelopment Law. SECTION 2. The acquisition of real property by the City of Palm Springs at the southeast corner of San Rafael Road and Indian Canyon Drive is consistent with Sections 33334.16 and 33445.1 of California Redevelopment Law. ADOPTED THIS 6th day of July, 2011. David H. Ready, Ci ager ATTEST: mes Thompson, City Clerk Resolution No. 22990 Page 5 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that Resolution No. 22990 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 July 6, 2011, by the following vote: AYES: Councilmember Foat, Councilmember Hutcheson, Councilmember Mills, and Mayor Pro Tern Weigel NOES: None. ABSENT: Mayor Pougnet. ABSTAIN: None. mes Thompson, City Clerk City of Palm Springs, California o��oa f allf