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HomeMy WebLinkAbout02822 - COLLEGE OF DESERT COD PA9 TAX INCREMENT PASSTHRU 7 De ity College ( ass-thru PA9 7 R685, 4-4-90 CITY AGR #2822, R17084 AGREEMENT FOR COOPERATION BETWEEN THE DESERT COMMUNITY COLLEGE DISTRICT THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, AND THE CITY OF PALM SPRINGS 1 . PARTIES AND DATE 1 . 1 THIS AGREEMENT ENTERED INTO IN THE CITY OF PALM SPRINGS, COUNTS OF RIVERSIDE, STATE OF CALIFORNIA, THIS DAY OF 19," VETWEEN THE DESERT COMMUNITY COLLEGE DISTRICT, A PUBLIC AGENCY (DISTRICT) , AND THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, A PUBLIC BODY (AGENCY ) AND THE CITY OF PALM SPRINGS, A MUNICIPAL CORPORATION (CITY) . 2. RECITALS 2. 1 WHEREAS AGENCY IS PROPOSING TO UNDERTAKE A PROGRAM UNDER THE CALIFORNIA COMMUNITY REDEVELOPMENT LAW (HEALTH AND SAFETY CODE SECTION 33000 ET SEQ) KNOWN AS REDEVELOPMENT PROJECT AREA # 9 (PROJECT) FOR THE REDEVELOPMENT, DEVELOPMENT, REPLANNING AND REDESIGN OF BLIGHTED AREAS WITHIN THE CITY. 2 . 2 WHEREAS THE DISTRICT IS IN RECEIPT OF ORDINANCE NO. 1321 ADOPTED BY THE CITY COUNCIL OF THE CITY OF PALM SPRINGS , CALIFORNIA, ON DECEMBER 29, 1988 AUTHORIZING THE REDEVELOPMENT OF AN AREA WITHIN THE TERRITORIAL LIMITS OF THE CITY OF PALM SPRINGS BY THE REDEVELOPMENT AGENCY FOR THE CITY OF PALM SPRINGS . 2. 3 WHEREAS AS DEFINED IN SECTION 33353. 2, THE DISTRICT IS AN AFFECTED TAXING ENTITY WHICH HAD BONDED INDEBTEDNESS AND GENERAL PURPOSE PROPERTY TAXES LEVIED ON ITS BEHALF BY THE COUNTY OF RIVERSIDE ON ALL OF THE PROPERTY LOCATED IN THE PROPOSED REDEVELOPMENT PROJECT AREA IN FISCAL YEAR 1988-89. 2. 4 WHEREAS THE CALIFORNIA COMMUNITY REDEVELOPMENT LAW AUTHORIZED REDEVELOPMENT AGENCIES TO PAY TO ANY TAXING AGENCY WITH TERRITORY LOCATED WITHIN A PROJECT AREA OTHER THAN THE COMMUNITY WHICH HAS ADOPTED THE PROJECT, ANY AMOUNTS OF MONEY WHICH IN THE AGENCY DETERMINATION IS APPROPRIATE TO ALLEVIATE ANY FINANCIAL BURDEN OR DETRIMENT CAUSED TO ANY TAXING AGENCY BY A REDEVELOPMENT PROJECT. 2. 5 WHEREAS DISTRICT AND AGENCY RECOGNIZE THE NEED TO PROVIDE ADEQUATE PUBLIC SCHOOL FACILITIES TO SERVE THE PROJECT OR THE IMMEDIATE NEIGHBORHOOD IN WHICH THE PROJECT IS LOCATED IN ORDER TO ASSIST IN ELIMINATING BLIGHTING CONDITIONS AND HAVE DETERMINED THAT SUCH FACILITIES, BOTH IN AND OUT OF THE PROJECT AREA, ARE OF PRIMARY BENEFIT TO THE PROJECT AREA OR THE IMMEDIATE NEIGHBORHOOD IN WHICH THE PROJECT IS LOCATED AND THAT REDEVELOPMENT FINANCING IS THE ONLY MEANS OF FINANCING ALL OR A PORTION OF THE REHABILITATION, CONSTRUCTION, AND RECONSTRUCTION OF SUCH PUBLIC SCHOOL FACILITIES IN CONJUNCTION WITH OTHER AVAILABLE DISTRICT FINANCING.