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HomeMy WebLinkAbout6/4/2003 - STAFF REPORTS (20) NOTICE OF JOINT PUBLIC BEARING NOTICE IS HEREBY GIVEN, that the City of Palm Springs and the Community Redevelopment Agency of the City of Palm Springs will hold a Joint Public Hearing in the City Council Chambers, located at 3200 Tahquitz Canyon Way, Palm Springs, California 92262, beginning at 7:00 PM, Wednesday, June 4, 2003, to consider the fol- lowing: Restated and Amended Theater Lease Agreement By and Between The Community Redevelopment Agency of the City of Palm Springs and The Partnership for the Performing Arts, L.P. for the Plaza Theatre facilities located at 128 South Palm Canyon Drive The Community Redevelopment Agency of the City of Palm Springs currently has a "Theater Lease Agreement" with The Partnership for the Performing Arts, LP for the Agency owned Plaza Theatre which commenced on September 1, 1991 and ex- tends until December 31, 2006 as a consecutive series of annual extension options. This "Restated and Amended Theater Lease Agreement" would extend and amend this lease, again as a consecutive series of annual extension options through May 31, 2018. The restated and amended lease includes the 10,111 square foot historic Plaza Theatre building plus: 1) a front entrance Courtyard access easement from Palm Canyon Drive; 2 a Courtyard sublease which provides for four (4) sign ease- ments within the entrance Courtyard and use of a Trash Area north of the Theatre; and 3) sublease of an Alley behind the Theatre connecting to Indian Canyon Drive. All interested persons are invited to attend the Public Hearing and express opinions on the item listed above. If you challenge the nature of the proposed action in court, you may be limited to raising only those issues you or someone else raised at the Public Hearing described in this notice, or in written correspondence delivered to the City Clerk, at the address listed above, or prior to the Public Hearing. Members of the public may view this document and all referenced documents in the Community Redevelopment Department, City Hall and submit written com- ments to the Community Redevelopment Agency at or prior to the Community Rede- velopment Agency Meeting at or prior to the public hearing described in this notice. Further information, including a copy of the Lease, Summary Report, and Resolution, prepared in accordance with Health and Safety Code Section 33433, is available in the Office of the City Clerk at the above address. PATRICIA A. SANDERS, City Clerk PUBLISHED: r r^ NOTICE OF PUBLIC HEARING CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY PROPOSED BUDGET SUMMARY FISCAL YEAR 2003-2004 Below is the proposed 2003-2004 fiscal year budget in summary form. The supporting detail for the proposed budget is available at City Hall in the City Clerk Department and the Library Center. A public hearing on the proposed budget will be held at a regular meeting of the Community Redevelopment Agency at 7:00 p.m. on June 4, 2003, in the Council Chamber at City Hall, 3200 E. Tahquitz Canyon Way, Palm Springs, CA. PROJECT CAPITAL DEBT PROJECTS SERVICE Merged Area#1 $ 728,507 $ 3,637,993 Merged Area#2 499,631 2,741,440 Low& Moderate Income Housing 1,491,982 467,780 Plaza Theatre 77,130 0 TOTAL $ 2,797,250 $ 6,847,213 Written comments regarding the proposed budget may be submitted to the City Council prior to the June 4 h public hearing or persons may speak at the meeting. Dated this 21th day of May 2003. Thomas M. Kanarr Finance Department City of Palm Springs, California Publish May 24, 2003