HomeMy WebLinkAbout12/3/2008 - STAFF REPORTS - RA.2. COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
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MINUTES
WEDNESDAY, NOVEMBER 19, 2008
City Hall Council Chamber
CALL TO ORDER; Chair Pougnet called the meeting to order at 6:40 p.m.
ROLL CALL:
PRESENT: Agency Member Hutcheson, Agency Member Weigel, Vice Chair
Foat, and Chair Pougnet.
ABSENT: Agency Member Mills.
ALSO PRESENT: Executive Director Ready, Agency Attorney Holland, and Assistant
Secretary Thompson.
PUBLIC COMMENT:
ROGER EVERSHED, commented on the Tahquitz Court Apartments, Item RA2., and
recommended approval of the modifications and assignment of the regulatory
agreement.
1. PUBLIC HEARINGS. (Joint Public Hearing with the City Council)
13. AMENDMENT NO. 1 TO DISPOSITION AND DEVELOPMENT
AGREEMENT NO. A0470C WITH SANTIAGO SUNRISE VILLAGE
MOBILE HOME PARK CORPORATION FOR AGENCY ASSISTANCE
IN THE AMOUNT OF $153,700, FOR LAUNDRY AND OFFICE
FACILITIES AT SUNRISE VILLAGE MOBILE HOME PARK LOCATED
AT 1500 EAST SAN RAFAEL ROAD:
ACTION: 1) Continue the Public Hearing to December 3, 2008, with no
public testimony; and 2) Direct the City Clerk/Assistant Secretary to post a
Notice of Continued Public Hearing. Motion Agency Member
Hutcheson, seconded by Agency Member Weigel and unanimously
carried 4-0 on a roll call vote.
AYES: Agency Member Hutcheson, Agency Member Weigel, Vice
Chair Foat, and Chair Pougnet.
NOES: None.
ABSENT: Agency Member Mills.
ITEM NO. ti ��
City of Palm Springs
Community Redevelopment Agency
November 19, 2008
Page 2
RA. COMMUNITY REDEVELOPMENT AGENCY:
RA1. APPROVAL OF MINUTES:
ACTION. Approve the Community Redevelopment Agency Minutes of
October 1, 2008, and November 5, 2008. Motion Agency Member
Weigel, seconded by Agency Member Hutcheson and unanimously
carried 4-0 on a roll call vote.
AYES: Agency Member Hutcheson, Agency Member Weigel, Vice
Chair Foat, and Chair Pougnet.
NOES: None.
ABSENT: Agency Member Mills.
The Community Redevelopment Agency continued at 6:56 p.m., and the City of Palm
Springs Housing Authority convened for a Joint Meeting.
RA2. MODIFICATION OF REGULATORY AGREEMENT, ASSIGNMENT AND
ASSUMPTION OF LOAN DOCUMENTS, FREDDIE MAC RIDER TO THE
REGULATORY AGREEMENT AND A SUBORDINATION AGREEMENT
BY AND BETWEEN THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS AND CORPORATE FUND FOR
HOUSING, D.B.A., LING HOUSING CORPORATION, TO ASSIGN THE
AGREEMENT TO TAHQUITZ ASSOCIATES, LP, AND BY THE
HOUSING AUTHORITY OF THE CITY OF PALM SPRINGS AND
CORPORATE FUND FOR HOUSING, D.B.A., LING HOUSING
CORPORATION, TO ALLOW FOR THE TRANSFER OF THE
PROPERTY TO A PARTNERSHIP THAT IS NOT A 501C(3)
ORGANIZATION FOR THE TAHQUITZ COURT APARTMENTS AT
2800, 2890, 2900 and 2990 EAST TAHQUITZ CANYON WAY:
ACTION: 1) [Community Redevelopment Agency] Adopt Resolution
No. 1369, "A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING A MODIFICATION OF THE REGULATORY AGREEMENT,
ASSIGNMENT AND ASSUMPTION OF LOAN DOCUMENTS, FREDDIE
MAC RIDER TO THE REGULATORY AGREEMENT AND A
SUBORDINATION AGREEMENT BETWEEN THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS AND
CORPORATE FUND FOR HOUSING, D.B.A., LINC HOUSING
CORPORATION, TO ASSIGN THE AGREEMENT TO TAHQUITZ
ASSOCIATES, LP, FOR THE TAHQUITZ COURT APARTMENTS AT
2800, 2890, 2900, and 2990 EAST TAHQUITZ CANYON WAY;" 2)
[Housing Authority] Adopt Resolution No. 34, "A RESOLUTION OF THE
HOUSING AUTHORITY OF THE CITY OF PALM SPRINGS,
CALIFORNIA, APPROVING AN AMENDMENT TO A REGULATORY
AGREEMENT AND DECLARATION OF COVENANTS AND
F;
City of Palm Springs
Community Redevelopment Agency
November 19, 2008
Page 3
RESTRICTIONS BETWEEN THE HOUSING AUTHORITY OF THE CITY
OF PALM SPRINGS AND CORPORATE FUND FOR HOUSING, ❑.B.A.,
LINC HOUSING CORPORATION, TO ALLOW FOR THE TRANSFER OF
THE. PROPERTY TO A PARTNERSHIP THAT IS NOT A 501C(3)
ORGANIZATION FOR THE TAHQUITZ COURT APARTMENTS
LOCATED AT 2800, 2890, 2900 AND 2990 EAST TAHQUITZ CANYON
WAY;"' and 3) Authorize the Executive Director to execute all necessary
documents. A0501C. Motion Agency Member Weigel, seconded by
Agency Member Hutcheson and unanimously carried 4 0 on a roll
call vote.
AYES: Agency Member Hutcheson, Agency Member Weigel, Vice
Chair Foat, and Chair Pougnet.
NOES: None.
ABSENT: Agency Member Mills.
ADJOURNMENT: The Community Redevelopment Agency adjourned at 6:57 p.m.
APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY THIS 311° DAY OF DFCEMBER, 2008.
STEPHEN P. POUGNET, CHAIR
ATTEST:
JAMES THOMPSON, CITY CLERK
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