HomeMy WebLinkAbout6/18/2008 - STAFF REPORTS - RA.1. COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
.°gM1r� n�
MINUTES
WEDNESDAY, APRIL 30, 2008
City Hall Council Chamber
CALL TO ORDER: Chair Pougnet called the meeting to order at 7:19 p.m.
ROLL CALL:
PRESENT: Agency Member Hutcheson, Agency Member Mills, Agency
Member Weigel, Vice Chair Foat and Chair Pougnet.
ABSENT: None.
ALSO PRESENT: Executive Director Ready, Agency Attorney Holland, and Assistant
Secretary Thompson.
PUBLIC COMMENT: None.
RA1. APPROVAL OF MINUTES:
ACTION: Approve the Community Redevelopment Agency Minutes of April 2,
2008. Motion Agency Member Mills, seconded by Vice Chair Foat and
unanimously carried on a roll call vote.
Agency Member Mills stated he has a business related conflict of interest with respect
to Item RA2., would not participate in the discussion or the vote, and left Council
Chamber.
RA2. APPROVING THE SUBMITTAL OF A CALIFORNIA HOUSING FINANCE
AGENCY APPLICATION FOR FUNDING UNDER THE RESIDENTIAL
DEVELOPMENT LOAN PROGRAM TO FACILITATE THE DEVELOPMENT AT
3131 NORTH INDIAN CANYON DRIVE ADJACENT TO MERGED AREA #1
(FORMERLY PROJECT AREA 7):
John Raymond, Director of Community and Economic Development, provided
background information as outlined in the staff report dated April 30, 2008.
Vice Chair Foat questioned if the Agency was committed to the developer by
approving the application, requested staff address if the proposed development
reserves space and plans for a new Fire Station.
ACTION: Adopt Resolution No. 1353, "A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS,
CALIFORNIA, APPROVING THE SUBMITTAL OF AN APPLICATION TO THE
ITEM NOT!�,
City of Palm Springs
Community Redevelopment Agency
April 30, 2008
Page 2
CALIFORNIA HOUSING FINANCE AGENCY FOR FUNDING UNDER THE
RESIDENTIAL DEVELOPMENT LOAN PROGRAM (RDLP), AND
AUTHORIZING THE EXECUTION OF A STANDARD AGREEMENT TO
FACILITATE THE PROPOSED DEVELOPMENT AT INDIAN CANYON DRIVE
AND SAN RAFAEL ROAD." Motion Agency Member Weigel, seconded by
Agency Member Hutcheson and unanimously carried on a roll call vote,
noting the absence of Agency Member Mills.
Agency Member Mills returned to the dais.
ADJOURNMENT: The Community Redevelopment Agency adjourned at 7:42 p.m.
APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY THIS DAY OF 12008.
STEPHEN P. POUGNET, CHAIR
ATTEST:
JAMES THOMPSON, CITY CLERK
WON
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
s .
MINUTES
WEDNESDAY, MAY 21, 2008
City Hall Council Chamber
CALL TO ORDER: Chair Pougnet called the meeting to order at 8:56 p.m.
ROLL CALL.:
PRESENT: Agency Member Hutcheson, Agency Member Mills, Agency
Member Weigel, Vice Chair Foat and Chair Pougnet.
ABSENT: None.
ALSO PRESENT: Executive Director Ready, Agency Attorney Holland, and Assistant
Secretary Thompson.
PUBLIC COMMENT:
STEPHEN ROBERTS, Community Dynamics, commented on Item RA3., and requested
the City Council support the Exclusive Agreement to Negotiate.
RA1. APPROVAL OF MINUTES:
ACTION: Approve the Community Redevelopment Agency Minutes of May 7,
2008- Motion Vice Chair Foat, seconded by Agency Member Weigel and
unanimously carried on a roll call vote.
RA2. APPROVAL OF TWO SUPPLEMENTAL INDENTURES RELATED TO THE
ALLOCATION OF INTEREST INCOME IN THE 2007 SERIES A, B, AND C
BONDS:
ACTION: 1) Adopt Resolution No. 1354, "A RESOLUTION OF THE
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING, AUTHORIZING, AND DIRECTING
EXECUTION OF TWO SUPPLEMENTAL INDENTURES RELATING ITS
MERGED PROJECT AREA NO. 1 TAX ALLOCATION BONDS, 2007 SERIES A,
ITS MERGED PROJECT AREA NO. 1 TAXABLE TAX ALLOCATION BONDS,
2007 SERIES B, AND ITS MERGED PROJECT AREA NO. 2 TAXABLE TAX
ALLOCATION BONDS, 2007 SERIES C, AND PROVIDING OTHER MATTERS
PROPERLY RELATING THERETO;" and 2) Authorize the Executive Director to
execute the Agreement. A5670. Motion Vice Chair Foat, seconded by Chair
Pougnet and unanimously carried on a roll call vote.
HOW
City of Palm Springs
Community Redevelopment Agency
May 21, 2008
Page 2
Agency Member Mills stated he has a business related conflict of interest with respect
to Item RA3., would not participate in the discussion or the vote, and left Council
Chamber.
RA3. APPROVAL OF AN EXCLUSIVE AGREEMENT TO NEGOTIATE AND A
RECOVERABLE GRANT AGREEMENT WITH COMMUNITY DYNAMICS FOR
A PERIOD NOT-TO-EXCEED ONE YEAR FOR AN AGENCY OWNED
PROPERTY LOCATED AT 3130 NORTH INDIAN CANYON DRIVE,
ADJACENT TO MERGED AREA NO. 1:
Tom Wilson, Assistant City Manager, provided background information as
outlined in the staff report dated May 21, 2008.
Chair Pougnet noted the letter received May 16, 2008, and outlined the
sustainable enhancements for the project.
ACTION: 1) Approve an Exclusive Agreement to Negotiate and a Recoverable
Grant Agreement with Community Dynamics, for a period not-to-exceed one year
for the Agency owned property located at 3130 North Indian Canyon Drive; and
2) Authorize the Executive Director to execute the Agreement. A5671. 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.
Agency Member Mills returned to the dais.
ADJOURNMENT: The Community Redevelopment Agency adjourned at 9:00 p.m.
APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY THIS DAY OF 12008.
STEPHEN P. POUGNET, CHAIR
ATTEST:
JAMES THOMPSON, CITY CLERK