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HomeMy WebLinkAbout12/7/2005 - STAFF REPORTS (9) CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY MINUTES WEDNESDAY, NOVEMBER 16, 2005 CITY COUNCIL CHAMBER CALL TO ORDER: Chair Oden called the meeting to order at 7:02 P.M. ROLL CALL: PRESENT: Agency Members Foat, Mills, Pougnet, Vice Chair McCulloch and Chair Oden. ABSENT: None. ALSO PRESENT: Executive Director Ready, Agency Attorney Holland, Assistant Secretary Thompson. PUBLIC COMMENT: None. JOINT PUBLIC HEARING WITH THE PALM SPRINGS CITY COUNCIL: RA1. APPROVAL OF A DISPOSITION AND DEVELOPMENT AGREEMENT WITH GEIGER, LLC, FOR THE DISPOSITION OF 14 ACRES OF AGENCY-OWNED LAND FOR THE PURPOSE OF DEVELOPING A 393,000 SQUARE FOOT RETAIL SHOPPING CENTER ON 38 ACRES OF LAND AT THE NORTHEAST CORNER OF RAMON ROAD AND GENE AUTRY TRAIL (HIGHWAY 111) IN THE CITY OF PALM SPRINGS, MERGED REDEVELOPMENT PROJECT AREA NO. 1: John Raymond, Director of Community and Economic Development, provided background information as outlined in the staff report dated November 16, 2005. Chair Oden opened the public hearing and no speakers coming forward the public hearing was closed. ACTION: Adopt Resolution No. 1292, "A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT WITH GEIGER, LLC FOR THE DISPOSITION OF APPROXIMATELY 14 ACRES OF LAND FOR THE DEVELOPMENT OF A RETAIL SHOPPING CENTER AT THE NORTHEAST CORNER OF RAMON ROAD AND GENE AUTRY TRAIL (HIGHWAY 111) IN MERGED PROJECT AREA NO. 1." A0503C. Motion Agency Member Mills, seconded by Agency Member McCulloch and unanimously carried on a roll call vote. The Community Redevelopment Agency recessed at 7:06 P.M. The Community Redevelopment Agency reconvened at 7:20 P.M. Item No. R " 2. City of Palm Springs Community Redevelopment Agency November 16, 2005 Minutes Page 2 RA2. APPROVAL OF MINUTES: ACTION: Approve the Community Redevelopment Agency Minutes of October 19, 2005, and November 2, 2005. Motion Agency Member Mills, seconded by Agency Member Pougnet and unanimously carried. RA3. APPROVAL OF AMENDMENT 1 TO AN OWNER PARTICIPATION AGREEMENT WITH WESSMAN DEVELOPMENT COMPANY FOR THE DEVELOPMENT OF A BOUTIQUE HOTEL AT THE SOUTHEAST CORNER OF CAHUILLA ROAD AND TAHQUITZ CANYON WAY: John Raymond, Director of Community and Economic Development, provided background information as outlined in the staff report dated November 16, 2005. The Agency Members discussed and/or commented on the following with respect to the agreement: modifying Item No. 10 in the Schedule of Performance to 180 days, possibly delaying the extension to December, consequences if the dates in the Schedule of Performance are not met, and financial penalties if the schedule is not adhered to. ACTION: Extend the current Agreement No. A0478C to midnight December 7, 2005. Motion Agency Member Foat, seconded by Agency Member Pougnet and unanimously carried on a roll call vote. ADJOURNMENT: The Community Redevelopment Agency adjourned at 7:32 P.M. APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY THIS DAY OF 2005. Chair ATTEST: Assistant Secretary