HomeMy WebLinkAbout11/16/2005 - STAFF REPORTS (4) CITY OF PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY, OCTOBER 19, 2005
CITY COUNCIL CHAMBER
CALL TO ORDER: Chair Oden called the meeting to order at 9:36 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.
RA1. APPROVAL OF MINUTES:
ACTION: Approve the Community Redevelopment Agency Minutes of October
5, 2005. Motion Agency Member Mills, seconded by Agency Member
McCulloch and unanimously carried, noting the abstention of Chair Oden.
RA2. APPROVAL OF A RESOLUTION SUPPORTING AN APPLICATION BY LINC
HOUSING CORPORATION AND TAHQUITZ COURT APARTMENTS, L.P. A
CALIFORNIA LIMITED PARTNERSHIP, FOR PROJECT FINANCING OF THE
ACQUISITION (REFINANCING) AND REHABILITATION OF THE 108-UNIT
TAHQUITZ COURT APARTMENTS, AND THE CONSTRUCTION OF A NEW
2,800 SQUARE FOOT COMMUNITY ROOM AT 2800, 2890, 2900 and 2990
EAST TAHQUITZ CANYON WAY INCLUDING AGENCY FINANCIAL
PARTICIPATION NOT TO EXCEED $2,800,000 IN GAP FINANCING OVER 10
YEARS, DIRECTING STAFF TO DRAFT AN OWNER PARTICIPATION
AGREEMENT ("OPA"):
The Agency Members discussed Home Fund Grants, remodeling with the current
tenants, and requested staff meet with Supervisor Wilson and thanked staff and
the developer for the affordable housing units.
ACTION: Adopt Resolution No. 1291, "A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS,
CALIFORNIA, SUPPORTING AN APPLICATION BY LINC HOUSING
CORPORATION AND TAHQUITZ COURT APARTMENTS, L.P. A CALIFORNIA
LIMITED PARTNERSHIP FOR PROJECT FINANCING OF THE ACQUISITION
(REFINANCING) AND REHABILITATION OF THE 108-UNIT TAHQUITZ
COURT APARTMENTS, THE CONSTRUCTION OF A NEW 2,800 SQUARE
FOOT COMMUNITY ROOM AT 2800, 2890, 2900 and 2990 EAST TAHQUITZ
Item No. RA2 .
City of Palm Springs
Community Redevelopment Agency
October 19, 2005 Minutes
Page 2
CANYON WAY; INCLUDING AGENCY FINANCIAL PARTICIPATION NOT TO
EXCEED $2,800,000 IN GAP FINANCING OVER 10 YEARS AND DIRECTING
STAFF TO DRAFT AN OWNER PARTICIPATION AGREEMENT ("OPA")."
A0501 C. Motion Agency Member Foat, seconded by Agency Member
Pougnet and unanimously carried on a roll call vote.
ADJOURNMENT: The Community Redevelopment Agency adjourned at 9:45 P.M.
APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY THIS 16T" DAY OF NOVEMBER, 2005.
Chair
ATTEST:
Assistant Secretary
CITY OF PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY, NOVEMBER 2, 2005
CITY COUNCIL CHAMBER
CALL TO ORDER: Chair Oden called the meeting to order at 7:01 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:
ACTION: 1) Continue the Joint Public Hearing to November 16, 2005, without
public testimony; and 2) Direct the City Clerk/Assistant Secretary to post a Notice
of Continued Public Hearing. Motion Agency Member Mills seconded by
Agency Member Foat and unanimously carried.
ADJOURNMENT: The Community Redevelopment Agency adjourned at 7:02 P.M.
APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY THIS 16T" DAY OF NOVEMBER, 2005.
Chair
ATTEST:
Assistant Secretary