HomeMy WebLinkAbout1/1/1986 - CRA MINUTES MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
JANUARY 8, 1986
An Adjourned Regular Meeting of the Community Redevelopment Agency of
the City of Palm Springs was called to order by Chairman Bogert, in the
Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, January 8,
1986, at 7:30 p.m.
ROLL CALL: Present: Agency Members Birer, Foster, Maryanov, Smith
& Chairman Bogert
Absent: None
APPROVAL OF MINUTES:
It was moved by Smith, seconded by Foster, and unanimously
carried, that the Minutes of December 4, 10, 16, 18, 19,
20, 23, 24, 26, 27, and 30, 1985 be approved.
LEGISLATIVE ACTION:
1 . PA1B4-6 - SAKS LEASE
On December 18, 1985, Agency tabled consideration of approval
of form of lease for Saks Fifth Avenue, between it and the
North Plaza Associates, in which the South Plaza Associates
and the Edw. J. DeBartolo Corporation join.
Executive Director reported that this matter had been tabled
out of concerns by the Agency, which related to parking
issues for the shopping center; and that those concerns
have been sent to the developer, however, he recommended
that this matter be deferred to January 15.
It was moved by Foster, seconded by Maryanov, and unanimously
carried, that this matter be continued to January 15, 1986.
ADJOURNMENT
There being no further business, Chairman declared the meeting
adjourned.
1, .,/JUDITH SUMICH
Assistant Secretary
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
JANUARY 15, 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs was called to order by Chairman Bogert, in the Council
Chamber 3200 Tahquitz-McCallum Way, :on Wednesday, January 15, 1986,
at 7:30 p.m.
ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith and
Chairman Bogert
Absent: None
LEGISLATIVE ACTION:
1 . PA6B14 - RENAISSANCE HOTEL
Recommendation: That the Agency establish a budget of $32,500
for relocation assistance for the Renaissance Hotel Project.
Redevelopment Director reported that this action is pursuant
to previous Agency action to establish the method for
providing the assistance, and provides the money needed
to carry it out. He stated that the money will come from
the housing set aside funds.
Resolution 391 , amending budget as recommended, was presented;
after which, it was moved by Birer, seconded by Smith, and
unanimously carried, that Resolution 391 Ibe adopted.
2. PA1B4-6 - SAKS LEASE
On January 8, 1986, Agency tabled consideration of approval
of form of lease for Saks Fifth Avenue, between it and the
North Plaza Associates, in which the South Plaza Associates
and the Edw. J. DeBartolo Corporation join. Redevelopment
Director recommended that this matter again be continued
to February 5. So ordered.
3. PA4Bll - AUTO SALES CENTER (EPSTEEN)
Recommendation: That the Agency approve a preliminary
Memorandum of Agreement with Peter Epsteen, Ltd. , to form
the basis for a Development & Disposition Agreement (DDA)
for the development of an auto center on the NE corner of
Ramon Road and Gene Autry Trail .
Member Maryanov stated that he would abstain due to a client
relationship.
Economic Development & Housing Coordinator reviewed report
of Executive Director, dated January 15, 1986, and stated
that Mr. Epsteen would relocate his current franchise to
the site, including Honda, Rolls Royce, Jaguar, Buick and
Pontiac ; that the Agency would provide a 50% land write-down
and assistance with infrastructure needs on the site (14.098
acres) ; that the Agency' s subsidy would be paid in two
installments, i .e. , at the time the sale on the 8.3 acre
parcel closes, and when an additional dealership(s) is secured
for the remaining 5.7 acre parcel ; that it is proposed the
City loan the funds to the Agency, via the Sewer Fund, to
be paid back through taxes generated by the project over
a five-year period, and the surety for that payback is that
the dealership would be ,located on the site for a minimum
of six years.
ti.
CRA Minutes
1-15-86 Page 2
3. RA4B11 - (Continued)
Mr. Epsteen stated that he believed the agreement to be
beneficial to the Agency and to himself.
Resolution 392 approving the preliminary Memorandum of
Agreement, was presented; after which, it was moved by Foster,
seconded by Birer, and unanimously carried, Maryanov
abstaining, that Resolution 392 be adopted.
ADJOURNMENT
There being no further business, Chairman declared the meeting
adjourned.
�L.
\— JUDITH SUMICH
Assistant Secretary
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
FEBRUARY 5, 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs, was called to order by Chairman Bogert, in the Council
Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, February 5, 1986,
at 7:30 p.m.
ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith &
Chairman Bogert
Absent: None
APPROVAL OF MINUTES:
It was moved by Smith, seconded by Maryanov, and unanimously
carried, that the Minutes of January 8 & 15, 1986 be approved.
PUBLIC COMMENTS - None
JOINT PUBLIC HEARINGS (With City Council )
1 . PA4 - AUTO CENTER
Consideration of the proposed use of tax increment to pay
for a portion of the value of land for an auto sales center
on the north side of Ramon Road, between Gene Autry Trail
and San Luis Rey.
Economic Development & Housing Coordinator reported that part
of the project proposes that the cast of land be subsidized
for the dealers involved in the project; and that prior to
any land write-down or development agreement, an opportunity
is required to be given for' the public to be heard. She stated
that the first joint hearing relates to the use of tax increment
revenues and the proposed financial commitment of 50% land
write-down, to be given only based on the dealers who sign
up for the project, and as they sign up; that the total
commitment would be $1 .6 million, including infrastructure
and the Epsteen franchises, with the remainder to be provided
in accordance with the amount of acreage that additional dealers
would require; that recovery of funds is expected within five
years, and Epsteen is committed to remaining at the site for
at least six years.
She also stated that the second public hearing relates to
provisions of Redevelopment for the purpose of the Agency
acquiring the property, with a simultaneous escrow to sell
it to the dealer.
She stated that public comments were being sought, and
subsequent resolutions would be presented at the time of
considering the Disposition and Development Agreement,
potentially at the next meeting.
Councilmember Foster stated that he has consulted with the
City Attorney, and although he does not have a financial
conflict, he owns property within 500 feet, and would abstain
on the appearance of conflict.
Councilmember Maryanov started that he would abstain because
of a client relationship.
CRA Minutes °r A
2-5-86 Page 2
1 . PA4 (Continued)
Mayor declared the hearing open relative to the use of tax
increment funds.
George Goldberg, 1445 "Cesspool ", stated that the project
is a competition between cities, and the dealer will either
locate in one or the other, but the proposed action will
not benefit the buyer; and that the suggestion of new revenues
to the city is a fallacy.
Jeremy Crocker, 330 W. Arenas, stated that this is a competition
between city administrations, and the main benefactor is the
landowner. He stated that the property was purchased in 1979
for $1 .099 million, and recited various transactions from
owner-to-owner, concluding with Golden West Properties at
a value of $2.95 million, which he believed partly reflected
an interest bearing note; that he did not believe that because
the dealer negotiated a price less than what was being asked,
he should get that amount back in improvements by the Agency;
that he questioned whether there was enough notice to consider
this matter as an added item on the Agency's last agenda,
considering that Mr. Epsteen had signed the letter the previous
day; that the City is a party with a slanted interest; that
he has not seen a pro forma to justify projections that the
increased tax increment is within striking distance of the
multi-million in sales that would be needed to produce that
kind of increment; and that the dealer is not likely to put
a heavy investment in buildings, which would produce substantial
property tax.
There were no further appearances for the hearing on this
portion. Mayor then declared the hearing open for the second
issue, regarding proposed acquisition and sale of property.
Jim Cotton, speaking on behalf of an unnamed person who lives
on San Joaquin Road, expressed her concern regarding the safety
of the property in terms of its relationship to the previous
dump site, exposure to methane gas, and traffic problems that
could result if extensive excavation is required to restore
the site.
City Manager stated that the former dump site was not a part
of the property being considered, and any effort to restore
it as a potential for future auto center use would be fully
explored, and that there is no danger from the parcel under
consideration.
There were no further appearances, and the hearing was closed.
(Note: Jeremy Crocker was unaware that the hearing had been
held, and offered comment during the Public Comments portion
of the City Council meeting, that the City's loan to the Agency
of $1 .6 million represents a loss of pooled funds from the
City' s budget. )
In response to question by Council/Agency, Economic Development
& Housing Coordinator stated that subsequent to the purchases
referred to by Mr. Crocker, the zoning of the property has
changed, and a parcel map has been approved; that the
off-setting tax increment is not based on estimated sales,
but sales reports filed by the dealers to various governmental
agencies; that the total city investment is only based on
attracting other dealers - as others join, the sales tax
increases ; that the 4+ acres was not used for landfill , and
was split off by a parcel map; that the possibility of
reclaiming the landfill area will be looked at for future
auto sales ; that the soils study does not indicate any methane
gas problem, and there is no danger of fire on the back acreage.
CRA Minutes
2-5-86 Page 3
1 . PA4 (Continued)
City Manager stated that the Council/Agency direction is that
this would be a desirable use, and should be treated as an
investment, and look toward the benefit that the community
would receive as a result of that investment in both the long
and short term.
No action taken at this time.
Mayor adjourned the City Council , and the Agency remained
in session.
OTHER PUBLIC HEARING:
2. PA1 - STATEMENT OF INDEBTEDNESS
Recommendation: That the Agency receive public input on
proposed Resolution adopting a Statement of Indebtedness -
existing obligation - of the Agency for the CBD Redevelopment
Project Area.
Redevelopment Coordinator reported that, recent changes in
State law applies the low and moderate housing set-aside funding
provisions to redevelopment project areas created prior to
1977, as it now applies to other project areas, but allows
deferral until funds are available in existing obligations.
He stated that the CBD Project Areas was adopted in 1974,
and recommended that the Agency adopt the Statement of Existing
Obligations, as on file with the City Clerk.
Chairman declared the hearing open; there were no appearances
on this matter, and the hearing was closed.
Resolution 393, adopting the Statement, as recommended, was
presented; after which, it was moved by Smith, seconded by
Birer, and unanimously carried, that Resolution 393 be adopted.
ADJOURNMENT
There being no further business, Chairman declared the meeting
adjourned.
JUDITH SUM CH
Assistant Secretary
1'I114U 1 LJ UI
COMMUNITY REDEVELOPMENT AGENCY ;.
CITY OF PALM SPRINGS j
FEBRUARY 19, 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs, was called to order by Chairman Bogert, in the Council
Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, February 19, 1986,
at 7:30 p.m.
ROIL CALL: Present: Members Birer, Foster, Maryanov, Smith and Mayor
Bogert
Absent: None
PUBLIC COMMENTS - None
LEGISLATIVE ACTION:
1 . PAIB2 - MORRISON
Recommendation: That the Agency approve a lease agreement
with Regina Di Paola, dba Vincent Beauty Salon, at 439 No.
Palm Canyon, for one year at $190 per month.
Redevelopment Director reported that Di Paolo has been at
the premises for many years before the Agency acquired the
site, however, the Real Property Specialist of the City has
recommended that the Agency enter into a lease with Di Paola
to formalize the arrangement; and that the rental is based
on the long-term tenancy of the premises.
Agency requested clarification of the tenant's name, Regina
Di Paolo or Vincent DiPaola. Staff to follow through.
Resolution 394, approving the lease as recommended, was
' presented; after which, it was moved by Foster, seconded by
Birer, and unanimously carried, that Resolution 394 be adopted.
2. PA5 - BUDGET/FINANCING
Recommendation: That the Agency adopt actions to reallocate
loans to the Agency from the General Fund, and establish budget
for the Agency to fund a portion of street improvement costs
on Arenas Road and Cahuilla Road.
Redevelopment Director reported that due to heavy traffic
during the Fashion Plaza construction, it is proposed that
a portion of Cahuilla Road also be reconstructed from Tahquitz
to Arenas, as a part of the previously established project
for the improvement of Arenas Road, west of Palm Canyon Drive,
and the action proposed provides the funding to accomplish
the project.
Resolutions 395, 396 and 397, approving actions as recommended,
were presented ; after which, it was moved by Smith, seconded
by Maryanov, and unanimously carried, that Resolutions 395,
396 and 397 be adopted.
3. CONVENTION CENTER ARCHITECT
Note: See City Council Minutes this date for its approval
of the contract.
Resolution 398, approving the City' s contract to HNTB, in
amount of $650,000, was presented; after which, it was moved
by Foster, seconded by Birer, and unanimously carried, that
Resolution 398 be adopted.
ADJOURNMENT
There being no further business, Chairman declared the meeting
adjourned.
(77�)�_
JUDITH SUMICH
n I L r 1.......
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
MARCH 5, 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs was called to order by, Chairman Bogert, in the Council
Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, March 5, 1986
at 7 :30 p.m.
ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith and
Chairman Bogert
Absent: None
ADJOURNMENT
There being no business, Chairman declared the meeting
adjourned to Tuesday, March 11 , 1986, at 3 p.m. , in the
Large Conference Room, City Hall .
JUDITH SUMICH
Assistant 'Secretary
MINUTES OF
CITY OF PALM SPRINGS
CITY COUNCIL
AND
COMMUNITY REDEVELOPMENT AGENCY
MARCH 11 , 1986
An Adjourned Regular Meeting of the City Council and of the Community
Redevelopment Agency of the City of Palm Springs, was called to order
by Mayor/Chairman Bogert, in the Large Conference Room, City Hall ,
3200 Tahquitz-McCallum Way, on Tuesday, March 11 , 1986, at 3 p.m.
ROLL CALL: Present: Council/Agency Members Birer, Foster, Maryanov,
and Mayor/Chairman Bogert
Absent: Council/Agency Member Smith (Mr. Smith entered
the meeting shortly after the roll call )
(Note: The meeting was conducted in joint session in order to facili-
tate companion actions required of both bodies)
PUBLIC COMMENTS - None
LEGISLATIVE ACTION:
1 . AUTO SALES CENTER - PA4Bll
Recommendation: That the Council and the Agency, adopt certain
actions relative to the Auto Center:
Economic Development & Housing Coordinator reported that the
two parcels (8+ and 5+ acres) are shown as Lots 1 and 2 on
PM 18787, and the proposed actions do not relate to the back
acreage; that the land write down is $2.40 per square foot,
with each dealer paying $2.40 per square foot for acquisition ;
that the proposed loan from the Sewer Fund would be repaid,
at an interest rate of 8%, over a period of five years through
tax increment and new sales tax the City will receive based
on existing dealer sales levels, according to sales tax
projections of these two dealers only, without any projection
for increased profits for two years.
City Manager stated that public hearings were held February,
1986; that the Council/Agency has been governed by the idea
that this is a key investment, that the loan payoff will be
in 5-6 years, that there will be a net taxable income to the
City of about $500,000 annually, that the project would not
be in Palm Springs without the land write down, that the deal
is extremely fair to the City and to the dealer, and that
it is not unusual to make a short-term loan from reserve
surpluses. He stated that he could not recommend such a loan
from the General Fund at this time.
Economic Development & Housing Coordinator stated that the
project is not eligible for tax exempt bond financing.
The following resolutions were presented:
Agency:
a) Res 399 approving proposed acquisition and sale of land
for an auto center.
b) Res 400 approving dedication of tax increment for said
auto center.
c) Res 401 approving a loan from the City to provide funding
for the auto center.
Council & CRA Minutes
3-11-86, Page 2
1 . AUTO SALES CENTER (Continued)
d) Res 402 amending the budget.
e) Res 403 approving DDA with Epsteen (Agr #146)
f) Res 404 approving DDA with Frink (Agr #147)
It was moved by Smith, seconded by Birer, and unanimously
carried, Foster and Maryanov abstaining, that Resolutions
399 through 404 be adopted.
Council :
a) Res 15803 approving proposed acquisition and sale of land
for an auto center.
b) Res 15804 approving dedication of tar: increment for said
auto center.
c) Res 15805 approving a loan from the City to provide funding
for the auto center
d) Res 15806 amending the budget.
e) Res 15807 approving DDA with Epsteen.
f) Res 15808 approving DDA with Frink.
It was moved by Smith, seconded by Birer, and unanimously
carried, Foster and Maryanov abstaining, that Resolutions
15803 through 15808 be adopted.
2. CONVENTION CENTER CONSTRUCTION CONTRACT
Recommendation: That the Council approve contract with McDevitt
and Street Company for the construction of the Convention
Center; and that the Agency concur therein.
Economic Development & Housing Director reported that the
master developer has requested that the Council/Agency approve
a formal contract for the construction of the Convention Center,
which will be submitted to satisy USF&G condition and permit
the release of construction funds. (139)
As a result of question by the Council as to why the company
had signed agreement with the hotel at a fee of 4%, and was
submitting agreement for the Convention Center at a fee of
4z%, verbal negotiation occurred between the Council/Agency
and Tom Stocksdale of McDevitt & Street, and a brief recess
was held to prepare appropriate language, the proposed agreement
was amended to Articles 5 and 6, as follows:
Article 5. "5.2 Upon final completion of all work. . . . . . .all
savings realized. . . . . .split as follows: 50% to Owner and
50% to Contractor. In no event shall the Contractor' s share
of savings exceed $100,000. " and
Article 6. "6.1 In consideration of the performance. . . . . .a
Contrator' s fee as follows.` Four percent (4%) . . . . "
Council & CRA Minutes
3-11-86, Page 3
2. CONVENTION CENTER (Continued)
Resolutions 15809 and 405 were presented ; after which, it
was moved by Maryanov, seconded by Birer, and unanimously
carried, that Resolutions 15809 and 405 be adopted.
ADJOURNMENT
There being no further business, Mayor/Chairman declared the
meeting adjourned.
(K-)JUDITH SUMICH
City Clerk &
Asst. Secretary
1
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
MARCH 19, 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs, was called to order by Chairman Bogert, in the Council
Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, March 19, 1986,
at 7, 30 p.m.
POLL CALL: Present: Agency Members Birer, Foster, Maryanov, Smith
and Chairman Bogert
Absent: None
APPROVAL OF MINUTES:
(Note: Jeremy Crocker challenged the completeness of his
comments shown in the Minutes of February 5 relative to the
auto sales center. There was no agreement with his challenge. )
It was moved by Smith, seconded by Birer, and unanimously
carried, that the Minutes of February 5, 19 & March 5, 1986
be approved.
PUBLIC COMMENTS:
a) Barrie Woods, 1631 Palm Tee Drive, stated that he did
not believe the Minutes of February 5 reflect sufficient
reason to support the auto sales center; that he did
not believe there was enough public notice; that he
questioned Agency member Foster' s vote, and lack of an
appraisal ; and that he did not believe, based on the tax
paid in 1985, there is any way to pay off the loan in
the time frame suggested by the City.
LEGISLATIVE ACTION:
1 . PA8 - BARISTO-FARRELL - REDEVELOPMENT PLAN
Recommendation: That the Agency consent to a joint public
hearing for the above project area on the Redevelopment Plan
and EIR, to be held April 16, 1986; and that the Agency adopt
rules for owner participation.
Reports highlighted by Redevelopment Director. He noted that
the Council would also be requested to consent to the joint
hearing.
Agency members Foster and Maryanov stated they would abstain
due to property interest.
Resolution 406, consent to joint hearing, and Resolution 407
adopting rules for• owner participation, were presented; after
which, it was moved by Birer, seconded by Smith, and unanimously
carried, Foster and Maryanov abstaining, that Resolutions
406 and 407 be adopted.
CRA Minutes
3-19-86 Page 2
2. CULTURAL CENTER - PERFORMING ARTS CENTER, INC.
Recommendation: That the Agency authorize preparation of
a Memorandum of Understanding with the Performing Arts Center,
Inc. , to clarify conditions under which property would be
acquired and conveyed for a performing arts theater and
consideration of commercial uses.
Redevelopment Director reported that this matter was reviewed
in detail at the last study session, and in line with that
discussion, the proposed resolution was modified in Sections
1 and 7 to provide approval by the Agency/Council .
Agency member Foster stated that he would abstain on the
appearance of conflict.
Agency member Maryanov stated that the action is consistent
with the Agency/Council discussion of several years ago; that
there is adequate protection; and there is no risk to City
funds.
Resolution 408, authorizing preparation of the MOU, was
presented; after which, it was moved by Maryanov, seconded
by Smith, and unanimously carried, Foster abstaining, that
Resolution 408 be adopted.
ADJOURNMENT
There being no further business, Chairman declared the meeting
adjourned.
" JUDITH SUMICH
Assistant Secretary
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
APRIL 2, 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs, was called to order by Chairman Bogert, in the Council
Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, April 2; 1986,
at 7:30 p.m.
ROLL CALL: Present: Agency Members Birer, Foster, Maryanov, Smith
and Chairman Bogert
Absent: None
APPROVAL OF MINUTES:
It was moved by Birer, seconded by Foster, and unanimously
carried, that the Minutes of 'March 11 and 19, 1986 be approved.
PUBLIC COMMENTS - None
LEGISLATIVE ACTION:
1 . PA8 - BARISTO-FARRELL
Recommendation: That the Agency approve pass-through agreement
with the CV Mosquito Abatement District on the above project.
Redevelopment Director reported that this matter was reviewed
at the last study session, and the agreement is identical
to the District' s agreement for the Highland-Gateway Redevelop-
ment Area.
Resolution 409, approving the pass-through agreement, as recom-
mended, Agr#148, was presented; after 'which, it was moved
by Smith, seconded by Birer, and unanimously carried, that
Resolution 409 be adopted.
2. PA8 - BARISTO-FARRELL
Recommendation: That the Agency approve pass-through agreement
with the Desert Water Agency for the above project area.
Redevelopment Director reported that the agreement is
essentially the same as that for the Highland-•Gateway Redevelop-
ment area, and the DWA has asked that the City also be a party
to the agreement.
Resolution 410 approving the pass-through agreement, as recom-
mended, was presented; after which, it was moved by Birer,
seconded by Smith, and unanimously carried, that Resolution
410 be adopted, Agr#149.
3. PA1B10 - VINEYARD
Recommendation: That the Agency approve a use agreement with
the Vineyard Ltd. Partnership for a portion of the Vineyard
Parking Lot to be used as' a staging area for construction
of a restaurant to replace ' the structure on the site which
was destroyed by a recent firs.
Redevelopment Director reported that insurance has been
provided, and no rent is proposed, since the Vineyard
contributed substantially to the development of the parking
lot, which is Agency owned.
Resolution 411 , approving use agreement, as recommended, was
presented; after which, it 'was moved by Foster, seconded by
Maryanov, and unanimously carried, that: Resolution 411 be
adopted, Agr#150.
CRA Minutes
4-2-86 Page 2
4. BUDGET - CONVENTION CENTER
Recommendation: That the Agency appropriate additional funds
in the amount of $25,000 to cover continuing legal and appraisal
costs necessary to proceed with eminent domain and land negotia-
tions on the Foster leasehold and Prairie Schooner property.
Redevelopment Director reported that these matters are still
in litigation, and costs continue to accrue.
Resolution 412 amending budget, as recommended, was presented;
after which, it was moved by Foster, seconded by Maryanov,
and unanimously carried, that Resolution 412 be adopted.
ADJOURNMENT
There being no further business, Chairman declared the meeting
adjourned to Tuesday, April 8, 1986 at 3 p.m.
)JUDITH SUMICH
Assistant Secretary
(1 1
MINUTES OF
CITY COUNCIL AND COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
APRIL 8, 1986
An Adjourned Regular Meeting of the City Council and of the Community
Redevelopment Agency of the City of Palm Springs, was called to order
by Mayor/Chairman Bogert, in the Council Chamber, 3200
Tahquitz-McCallum Way, on Tuesday, April 8, 1986, at 3:00 p.m.
ROLL CALL: Present: Council/Agency Members Birer, Foster, Maryanov,
Smith and Mayor/Chairman Bogert:
Absent: None
LEGISLATIVE ACTION:
1 . AUTO SALES CENTER
Recommendation: That the Council/Agency adopt appropriate
actions to approve a loan to the Agency of $595,650, dedication
of tax increment for development of an auto center, and
appropriation of funds in amount of $595,650.
Redevelopment Director reviewed his report dated April 8,
1986, and stated that although Mr. Frin'k has withdrawn his
interest in purchasing Parcel 2 of Parcel Map 18787, there
is substantial interest on the part of other dealerships to
warrant the Agency proceeding with the acquisition for control
on the eventual price and use of the property.
Council/Agency Member Maryanov abstained, and Mr. Foster
abstained due to appearance of conflict.
CRA Resolutions 413, 414 and 415, approving loan understanding,
dedication of tax increment, and amending the budget, as
recommended, were presented; after which, it was moved by
Birer, seconded by Smith, and unanimously carried, Foster
and Maryanov abstaining, that Resolutions 413 through 415
be adopted.
Council Resolutions 15833, 15834 and 15835, adopting the above
actions by the Council , were presented; after which, it was
moved by Birer, seconded by Smith, and unanimously carried,
that Resolutions 15833 through 15835 be adopted.
ADJOURNMENT
(Note: Jeremy Crocker requested to be heard, and was overruled
by the Chair). There being no further business, Mayor/Chairman
declared the meeting adjourned at 3:15 p.m.
' JUDITH SUMICH
City Clerk &
Asst. Secretary
MINUTES OF
CITY OF PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY AND CITY COUNCIL
APRIL 16, 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs was called to order by Chairman Bogert in the Council
Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, April 16, 1986
at 7:30 pm.
ROLL CALL: Present: Agency Members Apfelbaum, Birer., Foster,
Smith and Chairman Bogert
Absent: None
APPROVAL OF MINUTES:
It was moved by Foster, seconded by Smith, and unanimously
carried, that the Minutes of April 2, 1986 be approved.
JOINT PUBLIC HEARING WITH CITY COUNCIL:
(Note: The Mayor convened the City Council and Agency in joint
session. The following reflects the Minutes for both bodies. )
1 . PA8 - BARISTO-FARRELL
Mayor/Chairman stated that the purpose of the meeting was
to conduct a joint public hearing to consider and act upon
the Redevelopment Plan, and certification of the Final EIR
for the above project area; and that prior to hearing, the
Agency would consider action to transmit the Report to the
City Council .
' Resolution 416 approving the Report and transmitting it to
the City Council was presented; after which, it was moved
by Birer, seconded by Foster, and unanimously carried, that
Resolution 416 be adopted.
Redevelopment Director entered into the record documents as
detailed in the narrative for the hearing, a copy of which
is on file in the Office of the City Clerk.
Mayor/Chairman explained the procedures to be followed for
the conduct of the hearing and possible subsequent
Council/Agency actions.
Redevelopment Director also entered into the record
certification of official actions taken by the Council , Planning
Commission and Agency in connection with the preparation of
the Redevelopment Plan.
Redevelopment Project Manager referred to and briefly summarized
pertinent parts of the Report of the Agency to the Council ,
details of which are on , file with the City Clerk; there were
no questions. He also referred to and briefly summarized
the Final EIR, details of which are on file with the City
Clerk; there were no questions.
' City Clerk reported receipt of written comments from Ron
Crawford, President of Los Compadres Home Owners Association,
requesting exclusion of the Los Compadres Estates from the
eminent domain portion of the project; and Henri C. Montoya
objecting to the inclusion of the Casitas Arenas condominium
project in the eminent domain portion of the redevelopment
project.
Mayor/Chairman declared the hearing open.
CRA/Council Minutes
4-16-86 Page 2
1 . PA8 (Continued)
Jack Matlock, representing P.S. Unified School District and
the Coachella Valley Community College District spoke in favor
of the project. He stated that PSHS has a 2800 student
population, and the school was designed for 1800, contains
very old buildings, little, if any, air-conditioning, high
windows, and a lot of glass; and -that agreement is close to
being reached which will lessen developer mitigation fees
being imposed, which will , get away from an intermittent
solution, and rely on redevelopment and its financing mechan.*sms
to rehabilitate and build new facilities.
Jim Stuart, 155 W. Hermosa, representing the P,S. Mall , spoke
in favor of the project.
In response to question by Myrna Frame, Redevelopment Project
Manager gave a brief explanation of redevelopment financing.
Redevelopment Director stated that the project area is primarily
geared toward helping the School District.
Council/Agency Member Foster stated that he would abstain
from discussion and voting due to property interests.
There being no further appearances, the hearing was closed.
Agency Actions:
Resolution 417 approving the Redevelopment Plan, certifying
EIR & making certain findings; and Resolution 418 re low &
moderate income housing provisions were presented; after which,
it was moved by Smith, seconded by Birer, and unanimously
carried, Foster abstaining, that Resolutions 417 and 418 be
adopted.
Council Actions:
Resolution 15837 approving Redevelopment. Plan & certifying
EIR; and Resolution 15838 re low and moderate income housing
provisions. were presented; after which, it was moved by Smith,
seconded by Birer, and unanimously carried, Foster abstaining,
that Resolutions 15837 and 15838 be adopted and that protests
be overruled.
City Clerk read title of Ordinance, as follows:
OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AND
ADOPTING THE REDEVELOPMENT . PLAN FOR THE BARISTO-FARRELL
REDEVELOPMENT PROJECT.
It was moved by Birer, seconded by Apfell'oaum, and unanimously
carried, Foster abstaining, that further reading be waived
and the Ordinance be introduced for first reading.
• I o
CRA/Council Minutes
4-16-86 Page 3
1 . PA8 (Continued)
Redevelopment Director recommended that the Agency and Council
approve pass-through agreement with the County of Riverside.
Redevelopment Project Manager stated that until a total of
$2 million is reached, 50% of the County's share will go into
Agency Funds for general improvements in the area, 35% into
County General Fund, and 15% into special Fund for capital
improvements in the City, by the County.
Agency Resolution 421 was presented; after which, it was moved
by Birer, seconded by Apfelbaum, and unanimously carried,
Foster abstaining, that Resolution 421 be adopted.
Council Resolution 15855, adopting similar action, was
presented; after which, it was moved by Birer, seconded by
Apfelbaum, and unanimously carried, Foster abstaining, that
Resolution 15855 be adopted.
Mayor/Chairman declared the City Council adjourned and remained
in session as the Agency.
PUBLIC COMMENTS: None
LEGISLATIVE ACTION:
2. PA1B4-6 - REIMBURSEMENT AUTHORIZATION
Recommendation: That the Agency authorize reimbursement to
the Edward J. DeBartolo Corporation for certain improvements
' adjacent to the Desert Fashion Plaza, in amount not to exceed
$225,500.
Redevelopment Director reported that $997,883 in reimbursements
has been submitted, of which $627,638 has been approved or
is pending, leaving balance still in question of over $377,000,
of which $111 ,300 is being worked on and $235,000+ is in
dispute. , He stated that the recommended reimbursement is
part of the $600,000+.
Agency Member Foster stated that the developer should be
apprised that the Agency pis concerned about completion of
the items on the punch list, and future reimbursements may
be in jeopardy if they are not cleared up.
Resolution 419 authorizing reimbursement was presented; after
which, it was moved by Foster, seconded by Birer, and
unanimously carried, that Resolution 419 be adopted.
3. PA8 - BARISTO-FARRELL
Recommendation: That the Agency approve pass-through agreement
with the Riverside County Superintendent of Schools for tax
increment relative to the above redevelopment area.
Redevelopment Project Manager gave a brief report, and stated
that 40% goes to the Agency, 40% to the Superintendent' s Capital
Funds; `and 20% to low and moderate incoming housing.
Resolution 420 approving Agr #151 , was presented; after which,
it was moved by Smith, seconded by Birer, and unanimously
carried, Foster absent, that Resolution 420 be adopted.
Res 421, approvin passthrough agreement with Riverside County,
was presented; after which, it was moved by Birer, seconded by
Apfelbaum, and unanimously carried, Foster abstaining, that R421
be adopted.
' r CRA Minutes
4-16•-86 Page 4
4. PA2B9 - LAND ACQUISITION & FINANCING
Recommendation: That the Agency authorize acquisition of
Blocks 7, 8, and 111 , commonly known as the Prairie Schooner
Trailer Park; and accept loan from the City, and amend the
budget to account for the funds.
Redevelopment Director reported that agreement has been reached
for the 5.7 acres at a cost of $1 .875 million ; that the owners
have agreed to carry $75,000 'for one year at 8% interest;
that funds from the bond proceeds rover $1 .725 million ; and
there is some question whether the balance of funds can come
from the bond issue.
Resolutions 422, accepting the loan, Resolution 423 authorizing
acquisition, and Resolution 424 amending the budget, were
presented; after which, it was moved by Birer, seconded by
Apfelbaum, and unanimously carried, that Resolutions 422,
423 and 424 be adopted.
ADJOURNMENT
There being no further business, Chairman declared the meeting
adjourned.
L, )�JUDITH SUMICH
City Clerk &
Asst. Secretary
" r
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
MAY 7, 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs was called to order by Vice Chairman Smith in the
Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, May 7,
1986, at 7:30 p.m.
ROLL CALL: Present: Agency Members Apfelbaum, Birer, Foster and
Smith
Absent: Chairman Bogert
APPROVAL OF MINUTES:
It was moved by Birer, seconded by Foster, and unanimously
carried, Bogert absent, that the Minutes of April 8 & 16,
1986 be approved.
PUBLIC COMMENTS - None
LEGISLATIVE ACTION:
1 . PAlB4-6 - SAKS LEASE
Recommendation: That the Agency approve form of lease between
North Plaza Associates and Saks and Company, in which South
Plaza Associates and the Edward J. DeBartolo Corporation
join.
Redevelopment Director highlighted his report, and stated
that the lease has been signed by parties involved, i .e. ,
' Saks.
Resolution 425, approving form as recommended, was presented;
after which, it was moved by Foster, seconded by Birer, and
unanimously carried, Bogert absent, that Resolution 425 be
adopted.
2. PA8 - BARISTO-FARRELL
Recommendation: That the Agency approve pass-through agreement
with Riverside County Flood Control District for the above
project area. This item was reviewed in study session, and
no further report was given.
Resolution 426 approving agreement as recommended, was
presented; after which, it was moved by Apfelbaum, seconded
by Birer, and unanimously carried, Bogert absent and Foster
abstaining, that Resolution 426 be adopted.
ADJOURNMENT
There being no further business, Vice Chairman declared the
meeting adjourned.
UDITH`SUMICH
Assistant Secretary
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
MAY 21 , , 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs, was called to order by Chairman Bogert, in the Council
Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, May 21 , 1986,
at 7:30 p.m.
ROLL CALL: Present: Agency Members Apfelfaum, Birer, Foster,
Smith and Chairman Bogert
Absent: None
PUBLIC COMMENTS: None
LEGISLATIVE ACTION:
1 . PA2 - CULTURAL CENTER
Recommendation: That the Agency approve Memorandum of
Understanding with the Cultural Center of Palm Springs, Inc.
dba Palm Springs Performing Arts Center, specifying the
conditions under which property will be acquired and conveyed
for a performing arts theatre.
Redevelopment Director stated that the Memorandum of
Understanding was revised after the last study session ; that
there are issues remaining. He stated that a review of the
documents has not been completed by the City' s attorneys;
that it is unknown if the Memorandum of Understanding answers
the developer's rights; and that developer is concerned about
limitations on commercial uses. He stated that it is the
responsibility of the Council to instigate a review, and
recommended approval .
Member Birer said that Section 2. of the Resolution should
read: "Agency and City Council by September 3, 1986, including
the items. . . "
Resolution 427, approving the Memorandum of Understanding,
as revised, was presented; after which, it was moved by Birer,
seconded by Smith, and unanimously carried, that Resolution
427 be adopted, subject to revising Section 2 to establish
a September 3, 1986 date.
ADJOURNMENT
There being no further business, Chairman declared the meeting
adjourned.
JUDITH SUMICH
Assistant Secretary
n I
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
JUNE 4, 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs, was called to order by Vice-Chairman Smith in the
Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, June 4,
1986 at 7:30 p.m.
ROLL CALL: Present: Agency members Apfelbaum, Birer, Foster, and
Smith
Absent: Chairman Bogert
APPROVAL OF MINUTES:
It was moved by Birer, seconded by Apfelbaum, and unanimously
carried, Bogert absent, that the Minutes of May 7, 1986 be
approved.
PUBLIC HEARINGS:
1. 1986-87 BUDGET
Executive Director stated that there would not be any extensive
report outside of that to be given regarding the City' s overall
budget.
Vice Chairman inquired if anyone wished to be heard; there
were no appearances.
No action required at this time.
PUBLIC COMMENTS: None
LEGISLATIVE ACTION:
1. PA6B10 - P.S. SURGERY CENTER
Recommendation: That the Agency approve Owner-Participation
Agreement, and exempt property at 1178-1196 N. Palm Canyon
and 1189-1199 N. Indian Avenue from use of eminent domain -
Agr #155.
Redevelopment Director reported that the agreement relates
to financing the acquisition and rehabilitation of the property,
and will continue as long as the owner abides by the
non-discrimination clauses, maintains the improved property
in at least the same condition as it exists, and continues
the uses in conformance with the Redevelopment Plan. He stated
the agreement was revised to not limit the use to medical
purposes only.
Member Apfelbaum stated that she would abstain due to her
husband' s limited partner relationship in the project.
Resolution 428 approving the agreement and granting the
exemption, as recommended, was presented; after which, it was
moved by Birer, seconded by Foster, and unanimously carried,
Bogert absent, and Apfelbaum abstaining, that Resolution 428
be adopted.
CRA Minutes
6-4-86, Page 2
2. PA8 - REDEVELOPMENT PLAN
Recommendation: That the Agency approve pass-through agreement
with C.V. Community College District for the Baristo-Farrell
Redevelopment Project Area. Redevelopment Director stated
that the terms of the agreement are essentially the same as
those in agreements for other project areas, Agr #156.
Resolution 429 approving the agreement as recommended, was
presented; after which, it was moved by Foster, seconded by
Apfelbaum, and unanimously carried, Bogert absent, that
Resolution 429 be adopted.
ADJOURNMENT
There being no further business, Vice Chairman declared the
meeting adjourned. ( _
(Z3JUDITH SUMICH
Assistant Secretary
r
MINUTES OF '397
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
JUNE 18, 1986
A Regular Meeting of the Community Redevelopment Agency of the
City of Palm Springs was called to order by Chairman Bogert, in
the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday,
June 18, 1986, at 7:30 p.m.
ROLL CALL: Present: Agency Members Apfelbaum, Birer, Foster,
Smith and Chairman Bogert
Absent: None
APPROVAL OF MINUTES:
It was moved by Birer, seconded by Smith, and unanimously
carried, that the Minutes of May 21 , 1986 be approved.
PUBLIC COMMENTS - None
LEGISLATIVE ACTION:
1 . 1986-87 BUDGET
Resolution 430 approving continuing appropriations from
1985-86 fiscal year into 1986-87, was presented; after
which, it was moved by Smith, seconded by Apfelbaum, and
unanimously carried, that Resolution 430 be adopted.
Resolution 431 , adopting the budget for the Agency for
1986-87 was presented ; after which, it was moved by Smith,
seconded by Birer, and unanimously carried, that Resolution
431 be adopted.
' ADJOURNMENT
There being no further business, Chairman declared the
meeting adjourned.
JUDITH SUMICH
Assistant Secretary
1
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
JULY 2, 1986
A Regular Meeting of the Community Redevelopment Agency of the City
of Palm Springs, California, was called to order by Chairman Bogert,
in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday,
July 2, 1986 at 7:30 p.m.
ROLL CALL: Present: Agency Members, Apfelbaum, Birer, Foster, Smith
and Chairman Bogert
Absent: None
The meeting was opened with the salute to the Flag, and a Moment
of Silence.
Mayor/Chairman stated that the Agency would meet: in joint session
with the City Council to hold a joint public hearing.
JOINT PUBLIC HEARING:
1 . McCALLUM BUILDING - DISPOSITION
Recommendation: That the Council/Agency consider Participation
Agreement with Wessman Development Company, for the sale and
remodeling of the McCallum Civic Building.
Redevelopment Director reported that a lengthy report was
given at the last study session; and highlighted the history
of the building from the City' s acquisition in 1975, concluding
with the current status of negotiation phase with Mr. Wessman.
He described Mr. Wessman's project, and stated that staff
recommends that the proceeds ,from the sale be placed in the
Parking Fund for parking within close proximity to the site;
that the proposal includes a sharing by the Agency of the ,
cost of improvements for public benefit, i .e. , right-of-way
surrounding the property at 100%; library fountain, walks
and minor remodeling at 75%, courtyard and walks at Indian
and Tahquitz (excludes building) as well as public restrooms
at 50%, and area considered mall area at 25%; that Wessman
will front the costs 100%, with the Agency to repay its cost
from tax increment proceeds from the project - estimated at
$30,000 annually - at no interest; that sales tax from the
project is estimated at $58,400 annually; and if approved,
the work would commence within one year. He stated that the
AAC, Planning Commission, Historic Site and Library Boards
have approved the project.
In answer to question by Council , Redevelopment Director stated
that the City/Agency dual involvement; relates to the sale
of the property by the City and the participation in the
agreement by the Agency; that the project can serve as a major
impetus for other projects; that there are four sites within
close proximity which may be considered for parking; that
staff should be instructed to further explore those sites;
that the building is non-conforming, and in the absence of
intensifying its use, the proceeds do not have to go toward
providing parking, if the Council did not desire to do so.
ar
CRA Minutes
7-2-86 Page 2
1 . McCALLUM BUILDING (Continued)
Mayor declared the hearing opened.
John Wessman, , 72-200 Clancy Lane, Rancho Mirage, stated that
the City has pedestrian activity downtown and needs to promote
and preserve that aspect of the community; that the project
will be a major remodel , costing millions of dollars, and
more than if it were constructed from the beginning; and that
he guarantees that no expense will be spared in terms of details
and quality of the building.
Dan Johnson, Schlecht, Shevlin & Shoenberger, attorney
representing Plaza Investments, stated that the Plaza submittal
was based on design criteria, including providing sufficient
parking; that in negotiating with Wessman, he believed the
City relied on the premise that Mr. Wessman could get the
Tackett property, and build one project; that if the criteria
was changed, Plaza should be able to submit a new proposal
that would address changed circumstances ; that he believed
the City should accept the original offer of Plaza, since
it was the only offer which met the criteria, or request
re-submittals; that if the Council agreed to construct the
parking on the Welmas Building, then Plaza would not have
any objection to the approval .
Deyna Hodges, 2122 E. Baristo, President of the Palm Springs
Citizens & Merchants Association, questioned the rationale
for selling the building at the suggested price, and the manner
in which proposals were sought; and suggested that the Wall
Street Journal , L.A. Times ; and possibly listing with a Real
Estate Broker should be employed; that the Agency purchased
' vacant land for a fire station, and paid more than the proposed
sale of the McCallum Building; that she believed the site
has increased in value since 1984, due to Maxims, the Marquis
and the pending Convention Center; that it was her understanding
there is not a current appraisal on the property; that she
believed Mr. Wessman' s option expired in June, 1985; that
there is a parking problem downtown; and suggested that perhaps
the property should be made into a park.
There being no further appearances, the hearing was closed.
Councilman Smith stated that it has been said consistently
that merchants do not want mini parks downtown, especially
because of the potential for "hangouts" ; that there is a
conflict of views; that Wessman is a developer with the
wherewithal and track record to make the project succeed;
that his projects end up looking like the drawings; that the
Council has a significant opportunity to take a blighted piece
of property and make it into something that is beautiful and
an advantage to the community; and that it should be taken.
Councilmember Birer stated that the private sector is different
from the public sector, and in this case, the Council must
create something that will be of value in terms other than
' just dollars, but aesthetics, and the potential for an
enterprise that may become key to downtown; that $25 per square
foot is adequate; that the building would have to be demolished
for anyone to do anything with the property, but the developer
proposes taking what is there and turning it into something
very good, with a fair return to the City; and that the
developer's willingness to advance the funds to the Agency
and accept repayment from tax accruals, is an advantage to
the City in getting a beautiful center, parking funds, and
a theme for other projects downtown.
400
CRA Minutes
7-2-86 Page 3
1 . McCALLUM BUILDING (Continued)
Councilman Foster stated that there were a number of responses
to the original call for proposals, but only the two were
considered responsive; that the Plaza proposal was for more
dollars, but paid over a period of years, at no interest,
and the analysis showed that it was, in fact, not a better
offer, but almost equal ; that the Council has talked with
many interested persons who have wanted to develop the site,
and the Council must consider the benefits of the project,
as well as trying to get back its investment - which, initially,
was $250,000.
Councilman Birer stated that the Plaza proposal did not include
parking on site, rather located elsewhere;, and from a design
criteria, the proposals were basically equivalent.
In answer to question by Councilwoman Apfelbaum, City Attorney
stated that she would not have a conflict of interest because
of a limited partnership of her husbands, but may on the
appearance of conflict; and he recommended that she abstain
at this time, until he can explore it further with her.
Resolution 15935, authorizing sale and approving Agr #2329,
was presented; after which, it was moved by Birer, seconded
by Smith, and unanimously carried, Apfelbaum abstaining, that
Resolution 15935 be adopted.
Resolution 432, approving the owner-participation Agr #157,
as recommended, was presented; after which, it was moved by (124)
Birer, seconded by Smith, and unanimously, carried, Apfelbaum
abstaining, that Resolution 432 be adopted. '
LEGISLATIVE ACTION:
2. PA4B11 - AUTO CENTER
Recommendation: That the Agency approve the assignment of
the DDA between the Agency and Peter Epsteen Pontiac-Buick-Rolls
Royce British Imports, Inc. Ltd. to Symbolic Classic Cars,
Ltd. , provided evidence is submitted that; the buyer assumes
all obligations of the DDA.
(124)
Redevelopment Director reviewed his report of July 2, and
stated that there is no financial or significant difference
to the City; that the assignee is a very substantial entity,
and will perform as good as Epsteen.
Resolution 433, approving assignment of the Disposition and
Development Agreement, and consenting to the sale of parcel
1 of Parcel Map 18787, as recommended, and subject to the
evidence submittal , was presented; after which, it was moved
by Smith, seconded by Foster, and unanimously carried, that
Resolution 433.
ADJOURNMENT '
There being no further business, Chairman declared the meeting
adjourned.
UDITH SUMICH
Assistant Secretary
401
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
AUGUST 6, 1986
A Regular Meeting of the City Council of the City of Palm Springs,
California, was called to order by Chairman Bogert, in the Council
Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, August 6,
1986 at 7:30 p.m.
ROLL CALL: Present: Members Apfelbaum, Birer, Foster, Smith
and Chairman Bogert
Absent: None
PUBLIC COMMENTS:
a) Jeremy Crocker, 330 W. Arenas Road, stated that in
considering approving a reimbursement to the Desert
Fashion Plaza developer, it is the Agency's last chance
to leverage compliance of fourteen items which remain
incomplete; and that the Agency may expect similar
problems from the same contractor, who is doing the
Convention Center, if it does not show that it means
business.
b) Rose Sweet, representing Catholic Charities, stated
that tax increment housing funds can be used for the
purpose, use and operation of emergency shelters;
that they are moving ahead to open the shelter, but
remaining funds will be depleted by September 15;
that the City is not being asked for a four-year
commitment or on-going funds, but is being asked to
provide $12,000 for annual costs.
' c) Katherine McMillan, 330 Valmonte Norte, Director of
Services, Catholic Charities, stated that there were
60 families in Palm Springs in both June and July
which required assistance.
LEGISLATIVE ACTION:
APPROVAL OF MINUTES:
It was moved by Foster, seconded by Smith, and unanimously
carried, that the Minutes of June 18 and July 2, 1986
be approved.
1. PA1 - McCALLUM CIVIC BUILDING
Recommendation: That the Agency approve a supplemental
agreement with Wessman Development Co. (Agr 159) , which
would require the developer to post a non-refundable
$123,183 deposit into the City's Parking Fund, outside
of escrow; to close escrow no later than June 30, 1987,
and deposit therein $411,242; and to hold the City harmless
and provide lien releases during construction.
1 Redevelopment Director reviewed his report, and stated
that this matter was reviewed at the last study session;
and the paragraph entitled II. A. Maintenance of Public
Areas has been struck from the agreement, initialed by
the developer, and will be further addressed and brought
back to the Agency.
Member Apfelbaum stated that she would abstain due to
the appearance of conflict.
Resolution 434, approving the supplement, as modified
and as recommended, was presented; after which, it was
moved by Birer, seconded by Foster, and unanimously carried,
Apfelbaum abstaining, that Resolution 434 be adopted.
402-
CRA Minutes
8-6-86 Page 2
2. PA1B4-6 - DESERT FASHION PLAZA
Recommendation: That the Agency authorize reimbursement
to Edward J. DeBartolo Corporation For certain improvements
adjacent to the Desert Fashion Plaza, in amount not to
exceed $172,100.
Redevelopment Director reported that the Agency must
reimburse the developer for work done by it on behalf
of the Agency, under the terms of the participation
agreement; that four items totalling $172,100 are legitimate
reimbursable items, to be offset by $T3,000 owed back
to the Agency for telephone work that was done. He stated
that because of the outstanding issues, he recommended
that the staff determine when payment should be made,
based on resolution of those issues in a timely manner.
He stated that the Agency is responsible For the final
paving on Belardo Road, Museum Drive and Tahquitz Way,
and that has been withheld in order to resolve subsidance
problems related to storm drainage.
Member Apfelbaum stated that she was very concerned about
the long list of unresolved items, some of which are basic
for development; and that she was opposed to giving any
amount of money because the developer has an obligation
to the Agency to fulfill as much as the Agency does to
the developer, and the Agency has a right to legitimate
cooperation from the developer.
It was the consensus of the Agency that withholding of
funds would provide the impetus to complete the work.
It was moved by Apfelbaum, seconded by Smith, and
unanimously carried, that no funds for reimbursement be
approved until there is compliance on the unresolved issues.
3. 86-87 CRA BUDGET •- PROJECT FINANCING
Recommendation: That the Agency accept $108,600 loan
from the General Fund for administrative and capital project
costs for PA3, d, 6, 7 and 8; repay $108,600 of General
Fund Loan per Res. 14956; and amend the budget to account
for the funds. This item was reviewed in study session,
and no further report was given.
Resolutions 435, 436 and 437, as recommended, were
presented; after which, it was moved by Birer, seconded
by Apfelbaum, and unanimously carried, that Resolutions
435, 436 and 437 be adopted.
ADJOURNMENT
There being no further business, Chairman declared the
meeting adjourned.
JUDITH SUMICH
Asst. Secretary
403
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
SEPTEMBER 3, 1986
A Regular Meeting of the Community Redevelopment Agency of the
City of Palm Springs, was called to order by Chairman Bogert,
in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday,
September 3, 1986, at 7:30 p.m.
ROLL CALL: Present: Agency Members Apfelbaum, Birer, Foster,
Smith and Chairman Bogert
Absent: None
PUBLIC COMMENTS - None
LEGISLATIVE ACTION:
APPROVAL OF MINUTES:
It was moved by Smith, seconded by Birer, and unanimously
carried, that the Minutes of August 6, 1986 be approved.
1. PA3 - FINANCING:
Recommendation: That the Agency accept a $5,000 loan
From the General Fund for administrative costs; repaying
$5,000 of loan by Council Res 14956; and amend the budget
to account for the funds.
Redevelopment Director stated that the shift of funds
' from the CBD project area to the South Palm Canyon Project
Area, is needed to pay attorney fees related to the Palm
Canyon Plaza Hotel project.
Resolutions 438, 439 and 440, approving actions as
recommended, respectively, were presented; after which,
it was moved by Foster, seconded by Birer, and unanimously
carried, that Resolutions 438 through 440 be adopted.
2. PA2B9 - MANAGEMENT SERVICES - PRAIRIE SCHOONER TRAILER PARK
Recommendation: That the Agency approve a managerial
contract with Harold & Katherine Thompson, at $1,000 per
month, commencing July 16, 1986, and continuing until
the park is vacated. Redevelopment Director reviewed
his report, and noted that the park is expected to be
vacated by October 1, 1987.
Resolution 441, approving the agreement as recommended,
was presented; after which, it was moved by Apfelbaum,
seconded by Foster, and unanimously carried, that Resolution
441 be adopted - Agr #16O.
401
CRA Minutes
9-3-86, page 2
3. PA2 - ANDREAS ROAD (WALKWAY
Recommendation: That the Agency authorize an agreement
with TKD Associates in an amount not to exceed $7,500,
for landscape design services for a pedestrian oriented
walkway on Andreas Road, between the Convention Center
and Palm Canyon; and amend the budget to appropriate funds,
therefore. Report highlighted by Redevelopment Director.
Resolutions 442 and 443, approving the agreement and
amending the budget, as recommended, were presented; after
which, it was moved by Foster, seconded by Apfelbaum,
and unanimously carried, that Resolutions 442 and 443
be adopted - Agr #161.
ADJOURNMENT
There being no further business, Chairman declared the
meeting adjourned.
JUDITH SUMICH
Assistant Secretary
405
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
SEPTEMBER 9, 1986
A Special Meeting of the Community Redevelopment Agency of ,the
City of Palm Springs, was called to order by Chairman Bogert, in
the Large Conference Room, City Hall , 3200 Tahquitz-McCallum Way,
on Tuesday, September 9, 1986 at 3 p.m.
ROLL CALL: Present: Agency Members Apfelbaum, Birer, Foster,
Smith and Chairman Bogert
Absent: None
LEGISLATIVE ACTION:
1. PA1B4-6 - FASHION PLAZA FINANCING
Redevelopment Director reported request by the developers
for Agency approval of permanent financing for the project,
pursuant to provisions of the First Implementation Agree-
ment, dated February 28, 1984, of the Owner Participation
Agreement.
He stated that the total package is approximately
$50 million, and if it were not approved, it would
automatically be approved within ten days.
Resolution 444, approving the financing, was presented;
after which, it was moved by Birer, seconded by Smith,
and unanimously carried, that Resolution 444 be adopted.
' ADJOURNMENT
There being no further business, Chairman declared the
meeting adjourned.
/ JUDITH SUMICH
Asst. Secretary
4OG
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
SEPTEMBER 17, 1986
A Regular Meeting of the Community Redevelopment Agency of the
City of Palm Springs, was called to order by Chairman Bogert,
in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday,
September 17, 1986, at 7:30 p.m.
' ROLL CALL: Present: Agency Members Apfelbaum, Birer, Foster,
Smith and Chairman Bogert
Absent: None
APPROVAL OF MINUTES:
It was moved by Birer, seconded by Foster, and unanimously
carried, that the Minutes of September 3 & 9, 1986 be
approved.
PUBLIC COMMENTS: None
LEGISLATIVE ACTION:
1. PA8 - PASS-THROUGH AGREEMENT:
Recommendation: That the Agency approve a pass-through
agreement, and amendment thereto, with the School District
for tax increment revenues from the Baristo-Farrell
Redevelopment Project Area Agr #162.
Redevelopment Director highlighted his report, which was
reviewed in detail at the last study session, and stated
' that this is the final agreement for this project area;
and stated that the District' s share is actually held
by the Agency in a special fund, and "passed-through"
or dispersed to it upon approval of projects proposed,
with the District receiving a full pass-through of the
amount over 1% of the base tax rate, for its debt service.
Resolution 445, approving the agreement, as recommended,
was presented; after which, it was moved by Apfelbaum,
seconded by Smith, and unanimously carried, that Resolution
445 be adopted.
2. PA2B9 - PRAIRIE SCHOONER PARK
Recommendation: That the Agency approve an assistant
managerial contract with Gary Mangione, relative to the
Prairie Schooner Trailer Park, effective through vacation
of the park, at $550 per month, plus rent-free on-site
housing, exclusive of utilities,Agr #163.
Redevelopment Specialist highlighted report of Redevelopment
Director, which was reviewed in detail at the last study
session; and stated that the assistant will be available
to tenants on weekends and evenings.
' Resolution 446, approving the agreement, as recommended,
was presented; after which, it was moved by Foster, seconded
by Apfelbaum, and unanimously carried, that Resolution
446 be adopted.
408
CRA Minutes
9-17-86 Page 2
3. HOUSING FUNDS:
Recommendation: That the Agency pledge to contribute
$29, 445 for the purchase of a facility inthe Coachella
Valley for a proposed shelter by the Riverside County
Coalition for Alternatives, to Domestic Violence, from
tax revenues set aside for housing purposes. '
Redevelopment Specialist highlighted report: of Redevelopment
Director, which was reviewed in detail the last study
session; and stated that the shelter would house victims
of domestic violence.
Judy Campbell , Chairman of the Desert Advisory Committee,
stated that 66 women and children were denied space in
1985, because of lack of facility, and 54 thus far in
1986; that 134 calls have been received in the first six
months of 1986; that the desert office is staffed; and
that commitments have been made by Indian Wells and Palm
Desert, and Coachella has committed funds for the thirteenth
year for operating expenses.
Agency Member Smith noted that housing set aside funds
are available, and the project is eligible for, funding.
Resolution 447, pledging funds as recommended, was
presented; after which, it was moved by Smith, seconded
by Birer, and unanimously carried, that Resolution 447
be adopted.
ADJOURNMENT '
There being no further business, Chairman declared the
meeting adjourned.
A�JUDITH SUMICH
Asst. Secretary
1
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
OCTOBER 15, 1986
A Regular Meeting of the Community Redevelopment Agency of the
City of Palm Springs, was called to order by Chairman Bogert, in
the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday,
October 15, 1986, at 7:30 p.m.
ROLL CALL: Present: Agency Members Birer, Foster, and Chairman
Bogert
Absent: Members Apfelbaum and Smith
APPROVAL OF MINUTES:
It was moved by Birer, seconded by Foster, and unanimously
carried, Apfelbaum and Smith absent, that the Minutes
of September 30, 1986 be approved.
PUBLIC COMMENTS - None
PUBLIC HEARINGS - None
LEGISLATIVE ACTION:
1. PA1B4-6 - DESERT FASHION PLAZA
Recommendation: That the Agency authorize reimbursement
to Edward J. DeBartolo Corporation for five improvements
described in report of Redevelopment Director, in amount
not to exceed $177,100.
Redevelopment Director recommended adding a sixth item,
in amount of $4,698.04; and stated that all items are
pursuant to the agreement with the developer.
Resolution 448, as revised, was presented; after which,
it was moved by Birer, seconded by Foster, and unanimously
carried, Apfelbaum and Smith absent, that Resolution 448
be adopted.
2. PA1B7 - McCALLUM BUILDING
Recommendation: That the Agency approve inducement for
an Industrial Revenue Bond issue, not to exceed $4 million
for the John Wessman Development Company, in connection
with the remodeling of the McCallum Building, the Welwood
Library, and the Lanz store for use as commercial space.
Economic Development & Housing Director reported that
the developer has requested the approval be increased
for an issue of $4.8 million; that the Agency has taken
similar actions in the past for both housing and commercial
development; and that there is no obligation on the part
of the Agency.
Resolution 449, approving inducement, as recommended,
was presented; after which, it was moved by Birer, seconded
by Foster, and unanimously carried, Apfelbaum and Smith',,
absent, that Resolution 449 be adopted.
410,,
CRA Minutes
10-15-86, Page 2
3. PA8 - WESSMAN
Recommendation: That the Agency approve 'inducement for
an Industrial Revenue Bond issue in amount of $4.5 million
for John Wessman Development Company, for the construction
of a retail complex on the SW corner of Sunrise and Ramon,
an estimated 36,500 square feet of commercial retail space.
Report highlighted by Economic Development & Housing
Director.
Resolution 450, approving inducement, as recommended,
was presented; after which, it was moved by Birer, seconded
by Foster, and unanimously carried, Apfelbaum and Smith
absent, that Resolution 450 be adopted.
ADJOURNMENT
There being no further business, Chairman declared the
meeting adjourned.
UDlTH SUMICH
Assistant Secretary
1
MINUTES OF
COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS
NOVEMBER 19, 1986
A Regular Meeting of the Community Redevelopment Agency of the
City of Palm Springs, was called to order by Chairman Bogert, in
the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday,
November 19,1986, at 7:30 p.m.
ROLL CALL: Present: Agency Members Apfelbaum, Birer, Foster,
Smith and Chairman Bogert
Absent: None
APPROVAL OF MINUTES:
It was moved by Birer, seconded by Apfelbaum, and
unanimously carried, that the Minutes of October 15, 1986
be approved.
PUBLIC HEARINGS:
1. PA1B7 - WELWOOD MURRAY PLAZA
Recommendation: That the Agency conduct hearing under
TEFRA requirements for the proposed tax exempt financing
of the Welwood Murray Plaza (formerly McCallum Civic
Building) to be developed by John Wessman, in amount of
$4.8 million.
Economic Development & Housing Specialist reviewed staff
report, and stated that Mr. Wessman has received the
allocation from the State, and that this type of financing
' will not be available after 1986.
Chairman declared the hearing open.
Jeremy Crocker, 330 W. Arenas Road, stated that each time
tax exempt financing is authorized, it adds to the Federal
deficit; that the City has authorized a series of such
packages, of which one did not materialize and the funds
are earning untaxed interest; that there is no clear
evidence the project will materialize, i .e. , there are
no plans in the Planning Division since October, 1984,
and the renewed search for parking suggests the project
is still fluid; that the Economic Development Division
showed only a single-page report recommending the issue,
and could not produce financial evidence to support the
issue:, and simply because this type of financing is
available, does not mean that it is in National or local
interest to use it.
There being no further appearances, the hearing was closed.
No action required at this time.
PUBLIC COMMENTS: None
' LEGISLATIVE ACTION: None
ADJOURNMENT
There being no further business, Chairman declared the
meeting adjourned.
3
\.
;JU L
_ DITH SUMICH
Assistant Secretary
MINUTES OF
CITY OF PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY
DECEMBER 3, 1986
A Regular Meeting of the Community Redevelopment Agency of the
City of Palm Springs was called to order by Chairman Bogert, in
the Council Chambers, 3200 Tahquitz-McCallum Way, on Wednesday,
December 3, 1986.
ROLL CALL: Present: Agency Members Apfelbaum, Birer, Foster,
Smith and Chairman Bogert
Absent: None
PUBLIC HEARING:
1. TEFRA HEARINGS RELATIVE TO ISSUANCE OF TAX EXEMPT BONDS FOR
THE SUNRISE AND RAMON RETAIL COMPLEX PROJECT
Recommendation: That the Community Redevelopment Agency
hold a TEFRA hearing relative to the issuance of tax exempt
bonds for a Retail Complex project to be developed by John
Wessman in the amount of $4.5 million at Sunrise and Ramon.
Economic Development Housing Specialist stated that a public
hearing is required prior to the granting of preliminary
approval for the issuance of tax exempt bonds; that the
State has informed the City of the possibility of a $4.5
million allocation as requested by John Wessman Development
Company; and that the bond issue would close December 15,
1986. '
Chairman declared the hearing open.
Jeremy Crocker, 330 West Alejos, stated that the $4.5 million
tax exempt financing results in a loss of revenue to the
Federal Government; that responsibility for the Federal
Treasury rests with the City; and that the interest rate
is not being used to produce a lower density.
City Manager stated that this issue is in conformance with
rules established by the U.S. Congress, that the City is
not proposing anything that is not already authorized by
the Federal Government, nor does it obligate City funds
or financial liability.
There being no further appearances, Chairman declared the
hearing closed.
No action required.
ADJOURNMENT
There being no further business, Chairman declared the
meeting adjourned to Thursday, December 11, 1986, at 7:30
p.m. , in the Council Chamber.
JUDITH SUMICH
Assistant Secre(t'7
��CL vlc�J q��-71—!%¢�
By; Patricia Jo�ies
Acting Assistant Secretary
MINUTES OF
CITY OF PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY
DECEMBER 11, 1986
An Adjourned Regular Meeting of the Community Redevelopment Agency
of the City of Palm Springs, California, was called to order by
Vice Chairman Smith, in the Council Chamber, 3200 Tahquitz-McCallum
Way, on Thursday, December 11, 1986, at 7:30 p.m.
ROLL CALL: Present: Agency Members Apfelbaum, Birer, Foster,
and Smith
Absent: Chairman Bogert
APPROVAL OF MINUTES:
It was moved by Birer, seconded by Apfelbaum, and
unanimously carried, that the Minutes of November 19 and
December 3, 1986 be approved.
PUBLIC HEARINGS:
I• JOINT PUBLIC HEARING - PA1B7 - WELWOOD MURRAY PLAZA
Consideration of a Disposition and Development Agreement
with Welwood Murray Plaza (John Wessman) for development
of a retail/restaurant complex on the south side of Tahquitz
Way, between Palm Canyon and Indian Avenue.
Economic Development & Housing Director stated that the
City and Agency entered into a Participation Agreement
with Mr. Wessman to look at rehabilitation of the McCallum
Building, and perhaps surrounding buildings; that it has
been amended and restated, and was being submitted for
' City and Agency approval ; and that tax exempt financing
has been assembled over the last week, based on allocation
from the State.
Tom Cunningham, legal counsel , Morgan, Lewis & Bocius,
reviewed the proposed resolutions, i .e. , one each of the
City and Agency to approve the amended and restated
Pariticipation Agreement (Nos. 2329 and 157, respectively) ,
which includes parcels which have not yet been acquired,
and that the Agency will use its abilities to assist in
such acquisitions; and resolution of the Agency to approve
the various documentation related to the financing package.
Redevelopment Director stated that the amended and restated
participation agreement which was available prior to the
start of the hearing, was further revised, as follows:
Page 8, Paragraph A. , second sentence, to read, "The
Developer shall . . . . . . . . . . . . .to retail , restaurant and
office. . . . . . . . . . . . "
Page 9, Paragraph E. , sub-paragraph 2. , first sentence,
to read, "The Participant shall not. . . . . . . the Agency,
which approved(al ) shall not be unreasonably withheld. "
CRA Minutes
12-11-86, Page 2
1. JOINT PUBLIC HEARING (continued)
Page 10, Paragrah A. , sub-paragraph 2. ,, first sentence,
to read, "In accordance with . . . . . . . . . . .appraisal completed
by the Agency, in conjunction with the Participant, on
or. . . . . . . . . . . . ..
Page 11, sub-paragraph 4. a. , first sentence to read,
"The Participant. . . . . . . . . . .interest of at least 50
years. . . . . . . . . . . . . "b)
He stated that the agreement is a major expansion from
that which was originally negotiated with the developer,
describes Agency's assistance in acquiring the Library,
and the Willard and Strebe properties south of the Library,
but leaves that open to future decision depending upon
how developer' s negotitations proceed for that purpose;
stipulates that there will be no additional costs over
those included in the original agreement, and the developer
will pay for anything else; provides escape clauses for
the Agency, and protection from future litigation.
In answer to question by Council , concerning adequacy
of notice and letter from Jeremy Crocker, Redevelopment
Director stated that at the time the financing decision
was being considered, Mr. Crocker asked if any additional
agreements were being considered, and he informed him
that there were none; that he informed him early this
date that a new agreement was being prepared, i .e. , for
this meeting, was enroute, and he would let him know when
it was available; that he called him when it arrived,
and a copy was made for him at 9:45 a.m. , with instructions '
to inform him that minor changes (those noted above) were
being made; and that Mr. Crocker picked up the copy later
in the afternoon on this date. He also stated that as
of December 2, there were no other agreements, except
those previously approved, and which have been incorported
into the new agreement, which he was privy to after the
Council received it.
Mr. Cunningham stated that there is no reason to reschedule
the hearing; that the Council/Agency was receiving it
for the first time, and Mr. Crocker has no greater right
than the Council/Agency; and that the agreement implements
Council/Agency resolutions previously approved, and he
did not see anything to preclude going forward at this
time.
Mayor declared the hearing opened.
Tuck Broich, 1130 Manzanita, questioned if proper notice
was given (staff response was affirmative) , and stated
that a revised document should be available for public
review before the last minute, as well as before the last
minute for the Council .
Seamus Nunan, questioned what impact the project would '
have on the downtown Library,
Deyna Hodges, 2122 E. Bar,isto, also questioned if the
Library would still be a library.
CRA Minutes
12-11-86, Page 3
1. JOINT PUBLIC HEARING (Continued)
Redevelopment Director stated that the issue revolved
around a concept to expand and remodel the McCallum
Building, hopefully, to use the Library as a retail complex,
as well as properties to the south, to make a greater
retail complex; that Mr. Wessman has been working on his
own to acquire the other properties, and asked the City
if there was a chance of getting the Library site, and
he was aware of the reversionary clause; that there is
reason to believe that the heirs might be conducive to
a buy-out or negotiate their interest, and allow the site
to no longer be restricted to library use; that the proceeds
from the sale would go to the Library Fund; that the Agency
was asked to use its capabilities if Wessman could get
the funds together, and negotiations came to a standstill ;
and that if parcels do not come together, the bottom line
is that the bonds amount would be reduced and repaid.
He stated that the Library building wuld not be changed.
Ms. Hodges stated that she believed other people would
have been at the meeting if they knew of the expanded
project.
Redevelopment Director stated that if all negotiations
between the developer and property owners are unsuccessful ,
the matter would come back to the Agency to determine
if it wished to utilize eminent domain proceedings, in
which case a resolution of necessity and public hearing
would be required.
' Economic Development & Housing Director read sub-paragrph
4.a. , of Page 11 of the agreement, regarding purchase
of the unacquired properties.
City Manager stated that the agreement does not take the
place of law, and questioned legal counsel as to whether
there was anything in the agreement that would abridge
legal procedures of the Agency concerning use of eminent
domain, should it later be considered as a possibility.
Legal Counsel Cunningham stated that there is nothing
that would frustrate the normal process of either the
Agency or the City.
Redevelopment Director stated that he had been in touch
with Mr. Stoever, and the wording at the end of the
paragraph was suggested by him; and it has been cleared
by legal counsel as a proper procedure to use.
Agency Resolutions 451 and 452, approving financing
documents and the amended and restated participation
agreement, respectively; and Council Resolution 16071,
approving the amended and restated participation agreement,
were presented, after which, it was moved by Birer, seconded
' by Apfelbaum, and unanimously carried, Bogert absent,
that Resolutions 451, 452, and 16071 be adopted.
LEGISLATIVE ACTION:
CRA Minutes
12-11-86, Page 4
2. PA4B11 - AUTO CENTER (EPSTEEN)
Consideration of approving assignment of the Disposition
and Development Agreement with Peter Epsteen, Ltd. for
development of an auto sales center Ito Luther Company
Limited Partnership (previously approved for assignment
to Symbolic Classic Cars, Ltd. , but transaction not consum-
mated).
Redevelopment Director reported that Mr. Epsteen was
not successful in consummating the previously approved
assignment, and has negotiated with Luther Company, for
Parcel 1 under the Participation Agreement; and staff
investigation shows the Company to be a very substantial
auto dealer in the Minneapolis area.
Agency Foster stated that he would abstain due to appearance
of conflict.
Resolution 453, approving the assignment:, as recommended,
was presented; after which, it was moved by Apfelbaum,
seconded by Birer, and unanimously carried, Foster
abstaining, that Resolution 453 be adopted.
ADJOURNMENT
There being no further business, Vice Chairman declared
the meeting adjourned.
JUDITH SUMICH
Assistant Secretary t