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HomeMy WebLinkAbout1/1/1985 - CRA MINUTES 328 MINUTES OF COF'HUNITY REDEVELOPMENT AGENCY CITY OF PALM SPIRINCS JANUARY 2, 1985 A Regular Meeting of the Community Redevelopment Agency Of tie City of Palm Springs, was call!rd to Order by Chairman Misr' , in the Council Chamber, 3206 TaV'ieiuit7-MCCallum Way, on Wednesday, January 2, 19B5, at 7:3@ posri� ROhi.. CAdE: Present: Agency Members Oirer, Foster, Maryanov, Smith and Chairman Bogert Absent: None APPROVAL OF MINUTES: it was moved by Smith, seconded by Maryaniov, and unanirnouSly carried, that the Minutes of Deceufiber 11 , 1984 be approved. LEGISLATIVE ACTION: 1 . BARISTO.=FARRELL REDEVELOPMENT AREA Recorrramendat1on: That the Agency receive tie Pre'Viirrinary Survey Area Report and F'relirainary Plan for the above redevelopment area, and refer it to the Manning Commission for recommendation. Resolution 3 3. re ,. l ' , diving L'n�. Redaort and Plan, as recommended, and referring it to the Manning CoinmissGon, was presented', a'F'ter 6vhich, it was, moved by Direr, seconded by Foster, and uoa.nirncusly carried, that Resolution 313 be adopted. ADJOU'n Ni' EN'i' There being nofurther business, Chairman declared the meeting l JUDMNN Asst. Secretary .�caa9 MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY JANUARY 16, 1905 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, 1111, 10g00- McCallum Way, on Wednesday, January 16, 1935, at 7:oO p.m. ROLL CALL: Present; Members Direr, Foster, Maryanov, Smith and Chairman Bogert Absent: None LEGISLATIVE ACTION: 1 . PA5GI - HES'S PROPERTY Recommendation; That. the Agency initiate negotiations with Metro- politan Theatres Corporation for the development of a motion picture theatre complex on the SW corner of Cahuilla and Tahruitz Way; and instructing Redevelopment Director to negotiate with Edward J. DeBartolo Corp. to assure that public parking is avail- able & reasonable hours and rates. This item was reviewed in detail at the last study session, Redevelopment Director read Sections 1 through 4 of the proposed resolution, embodying the recommendation. Resolution 314 approving the negotiations, as recommended, was presented, after which; it was moved by Direr., seconded by oa.ryanov, and unanimously carried., that Resolution 314 be adopted. ADJOURNMENT There being no Further business., Chairman declared the meeting adjourned. JUDITH SUMICH Avast Secretary t 330 MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENC`! FEBRUARY 6, 1985 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 6, 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Smith ;& Chairman Bogert Absent: Member Maryanov APPROVAL OF MINUTES: It was moved by Foster, seconded by Birer, and unanimously carried, Maryanov absent, that the minutes of December 19, 26, 31 , 1984 and January 2 and 16, 1985 be approved. LEGISLATIVE ACTION: 1 . PA1B2 - MORRISON SITE - LAMB LEASE Recommendation: That the Agency renew lease agrement with Dina Lamb at 433 N. Palm Canyon, Crest Antiques, at $3,756 for one year. This item reviewed at the last study session; no further report was given. Resolution 315 renewing the lease as recommended, was presented; after which, it , was moved by Smith, seconded by Foster, and unanimously ,carried, Maryanov absent, that Resolution 315 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. C` J JUDITH SUMICH Assistant Secretary 23 MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY FEBRUARY 20, 1985 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 20, 1985, at 7:30 p.m. ROLL CALL: Present: Agency Members Birer, Foster, Maryanov, Smith and Chairman Bogert Absent: None LEGISLATIVE ACTION: 1 . PA1B14 - AGENCY OWNED PARCEL (FORMER CATHOLIC CHURCH PARKING LOT) Recommendation: That the Agency grant an exclusive right to Warmington/Stahl to negotiate acquisition of the Agency' s owned parking lot on the corner of Alejo Road and Belardo Road, in conjunction with a potential hotel development of blocks 14, 15 and 16 of PAI and of block 7 of PA6. Report reviewed by Executive Director; no option fees involved. Resolution 316, granting the exclusive right, was presented ; after which, it was moved by Maryanov, seconded by Foster, and unanimously carried, Resolution 316 be adopted. ADJOURNMENT ' There being no further business, Chairman declared the meeting adjourned. PJUDITH SUMICH Assistant Secretary 3.3;: MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS MARCH 6, 1985 A Regular Meeting of the Community Redevelopment Agency was called to order by Chairman Bogert, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, March 6, 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Mlaryanov, Smith & Chairman Bogert Absent: None APPROVAL OF MINUTES: It was moved by Birer, seconded by Foster, and unanimously carried, that the Minutes of February 20, 1985 be approved. 1 . PA1B4-6 LAND ACQUISITION Recommendation: That the Agency approve amendment to agreement with Oliver, Stoever and Laskin, to increase fee schedule for legal services relative to eminent domain proceedings for the Fashion Plaza. Report reviewed by Redevelopment Director. Resolution 317, amending the agreement (No.66) was presented; after which, it was moved by Foster, seconded by Maryanov, and unanimously carried, that Resolution 317 be adopted. 2. PA7 - PASS-THROUGH AGREEMENT CVWD Recommendation: That the Agency approve pass-through agreement with Coachella Valley Water District, relative to Highland-Gateway Redevelopment Project Area. Report reviewed by Redevelopment Director. Resolution 318 approving the agreement as recommended, was presented; after which, it was moved by Birer, seconded by Foster, and unanimously carried, Smith abstaining, that Resolution 318 be adopted. 3. PA5B1 - HESS PROPERTY Recommendation: That the Agency approve agreement with McDevitt & Street Company, for use of property on the SW corner of Cahuilla & Tahquitz Way (PA5B1 ) as a staging area for the Desert Fashion Plaza expansion project in PA1B4-6. Redevelopment Director reviewed his report and stated that the contractor will pay $833 per month for use of the site. Resolution 319 approving the agreement as recommended, was presented; after which, it was moved by Maryanov, seconded by Birer, and unanimously carried, that Resolution 319 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. � JUDITH SUMICH Assistant Secretary MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY AND THE CITY COUNCIL MARCH 28, 1985 Special Meetings of the City Council and of the Community Redevelopment Agency of the City of Palm Springs, were called to order by Mayor/Chairman Bogert on Thursday, March 28, 1985 at 4:00 p.m. in the Large Conference Room, City Hall , 3200 Tahquitz-McCallum Way. ROLL CALL: Present: Council/Agency Members Birer, Foster, Smith, Maryanov, and Mayor/Chairman Bogert Absent: None PUBLIC COMMENTS a) Jeremy Crocker, 330 W. Arenas Road, read a statement relative to the use of the Hess property by the McDevitt Construction Company, relative to storage of construction materials in connection with construction of Desert Inn Fashion Plaza; questioned whether the Council would reconsider its action, and stated that he did not see why the Council should violate its own ordinance. 1. CONVENTION CENTER FINANCING Economic Development and Housing Director recommended that the Council approve documents relative to a Second Amended Trust Agreement and $33,400,000 Certificates of Participation revised from original $36,070,000 which will be a non-IDB debt, and to extend escrow through 12-31-85 running concurrently with the hotel financing. That the interest rate has also been changed to 5.87%, and that the ownership will be changed to reflect that the convention center will be under the ' direct ownership of the City, rather than making it available for private syndication. He stated that the Agency action relates only to (124) the change in ownership of the convention center. Resolution 15482 of the City Council approving the form of the Second Amended and Restated Trust Agreement, dated as of November 1, 1984, with First Interstate Bank and Senca and the City; Restated Installment Sale Agreement between the City and Senca; and Restated and Amended Development Agreement dated December 31, 1984 by and between each of the eleven partners; amending resolution adopted 12-31-84, which adopted and approved various matters relative to the financial package, in particular, Resolution 15303, was presented; after which, it was moved by Birer, seconded by Foster, and unanimously carried, Maryanov and Smith abstaining, that Resolution .15482 be adopted. Resolution 320 of the Redevelopment Agency approving the form of an Amended and Restated Development Agreement, dated as of December 31, 1984, between the Agency and each of the eleven partners, was presented; after which, it was moved by Birer, seconded by Foster, and unanimously carried, Maryanov and Smith abstaining, that Resolution 320 be adopted. ADJOURNMENT There being no further business Mayor/Chairman declared the meeting adjourned. JUDITH SUMICH City Clerk and Assistant Secretary MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS APRIL 3, 1985 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 3, 1985, at 7:30 p.m. ROLL CALL: Present: Members: Birer, Foster, Maryanov, Smith & Chairman Bogert Absent: None PUBLIC COMMENTS: a) PA8 - Baristo/Farrell : John Adams, Tribal Council Planning Consultant, summarized letter of the Tribal Council rela- tive to the project, noting that about, 45% of the project area is owned by Tribal Members, and about 60% of it is vacant land ; that the Tribal Council memorandum to the Planning Commission indicated that only one of the criteria for blight was met, and the 70% vacant land area far exceeds what is spelled out in State Law regarding predominantly urban area; that the 'Tribal Council does not endorse the project area as proposed because of the commitment of substantial vacant acreage to a project that is highly questionable as to purpose, intent and criteria of the Community Redevelopment Law; that 70% of the privately owned land is owned by Indians ; and that the Tribal Council needs more information to address its concerns. LEGISLATIVE ACTION: 1 . BARISTO/FARRELL REDEVELOPMENT AREA Redevelopment Director reviewed his report, dated April 3, 1985, which was reviewed in detail at the last study session. He stated that the Survey Area had 510 acres; that preliminary studies related primarily to proposed boundaries ; that the Planning Commission approved the area and established the boundaries; that the Agency is required to transmit certain information detailed in the preliminary report to the County and taxing agencies ; that approximately four months remain of studying relative to the affect of the project on taxing agencies and what should be done in the area; that a public hearing would not be held before October; and that staff is in the process of arranging a meeting with the Tribal Council to explore its concerns. Ile recommended that the Agency approve the two proposed resolutions, which authorize establishing the base year, transmitting documents to taxing agencies, and payment of filing fee to State Board of Equalization; as well as authorizing preparation of the preliminary plan. In response to questions by Council , Redevelopment Director stated that it is correct that Rancho Mirage and Cathedral City have set up extensive redevelopment areas, using the same redevelopment consultant, -involving great amounts of vacant land, several thousand of which were Indian-owned; that there was comment about that by the Tribal Council in the past, but the Tribal Council consultant was not aware that those issues were going to public hearing for project formation; that Project Areas 5, 6 & 7 were set up before, and do not single out Indian-owned lands ; that the redevelopment consultant has assured the City that it is within the State Law, and it 'is proceeding correctly. CRA Minutes 4-3-85 Page 2 1 . BARISTO/FARRELL (Continued) Resolutions 321 and 322, as recommended, were presented; after which, it was moved by Smith, seconded by Maryanov, and unanimously carried, that Resolutions 321 and 322 be adopted. 2. PAIB4-6 - DEBARTOLO REIMBURSEMENT Redevelopment Director recommended that the Agency authorize an increase in reimbursement to Edward J. DeBartolo Corp for change orders to contracts it has incurred for improvements pursuant to the participation agreement, re utilities and Belardo Road, in total amount of $153,500. Resolution 323, authorizing increase as recommended, was presented; after which, it was moved by Foster, seconded by Birer, and unanimously carried, that Resolution 323 be adopted. 3. PA1B2 - MORRISON LOT PARKING SPACE POLICY Redevelopment Director recommended that spaces be set aside for adjacent businesses to lease, and the Agency establish a policy that the rental rate per space, per year be 8% of the in-lieu parking fee established by the City. Resolution 324, establishing the policy, as recommended, was presented; after which, it was moved by Foster, seconded by Birer, and unanimously carried, that Resolution 324 be adopted. ADJOURNMENT There being no -Further business, Chairman declared the meeting adjourned. JUDITN SUMICH Assistant Secretary 3ti 6 MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY APRIL 17, 1985 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 17, 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster., Marya.nov, Smith and Chairman Bogert Absent: None LEGISLATIVE ACTION: 1 . PA2B6-10 - AMENDED TRUST AGREEMENT Economic Development & Housing Director recommended that the Agency approve first supplemental amendment to the Trust Agreement with First Interstate Bank, relative to each of the eleven Headquarters Hotel Projects I through XI, to change language in one section, to require that the Certificates of Participation be rated in the highest applicable short-term rating category by a nationally recognized credit rating agency for the escrow to be broken in the transaction. He stated that the amendment is recommended by Standard & Poors, and staff has no objections. Resolutions 325 through 335, approving the first supplemental agreements to the Trust Agreements, as recommended, were presented; after which, it was moved by Foster, seconded by Birer, and unanimously carried, Maryanov & Smith abstaining, that Resolutions 325 through 335 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. �JUDITH SUMICH Assistant Secretary MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY MAY 1 , 1985 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 1 , 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith and Chairman Bogert Absent: None PUBLIC COMMENTS: - None PUBLIC HEARINGS: None LEGISLATIVE ACTION: 1 . PA6B14 - LAND ACQUISITION Recommendation: That the Agency approve agreement with George Fisher for appraisal services regarding land acquisition for the Patel Hotel , aka Renaissance Hotel , on the SE corner of Vista Chino and Indian Avenue. Redevelopment Director reported that the appraisal is needed in order to make an offer on the property; and the developer will pay one-half of the appraisal cost. Resolution 336, approving the agreement, as recommended, was presented; after which, it was moved by Foster, seconded by Maryanov, and unanimously carried, that Resolution 336 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. �_ JUDITH SUMICH Assistant Secretary 3b MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS MAY 15, 1985' 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 15, 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Maryanov, 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 3, 1985 be approved. PUBLIC COMMENTS: a) Jeremy Crocker, 330 W. Arenas Road, read a statement commenting on acquisition of property by the Agency, and use of eminent domain, which in his opinion, would shake the confidence of real estate investment in Palm Springs. PUBLIC HEARINGS: 1 . PA6B14 - LAND ACQUISITION Recommendation: That the Agency determine interest and neces- sity to acquire fee interest in certain real property on the west side of Chaparral , south of Vista Chino. Redevelopment Director reported that negotiations have been unsuccessful to acquire the Bartholomew parcel ; and staff believes it is necessary for the development of the hotel on the corner property. He stated that redevelopment law provides that if it is impossible to reach a negotiated settle- ment, and acquisition of the property is in the public interest, it can be acquired and the court will determine the value, and adopt an order of prejudgement; possession, in order to make it available to the developer in a timely manner; that similar actions have been provided for both Agency and City Council action (Council action recommended by the Agency' s Legal Consultant) ; and that funds would be deposited with the Court, representing the appraised value, until the matter is settled by the Court. In answer to question by the Agency, the Redevelopment Director reported that the funds deposited with the Court can be drawn by the property owner until the final settlement, and if that is more than the deposit, the property owner would receive the additional amount, plus interest; that the owner does not prejudice his rights by drawing the funds; that the appraised value was $115,000, prepared by George Fisher, and the property consists of a 13 unit former hotel , operated like an apartment house with monthly rentals; that the site originally consisted of 9 hotel units, but later remodelling created the 13 units, and the owner lives in one of the units; that the property owner, because of residing on the site, is eligible for relocation benefits, beyond tho ,,pp'rrised value; that the tenants are primarily workers in nearby hotels; that there has been low maintenance of the site, although there has been a cleanup in the last few months, including r� CRA Minutes 33i' 5-15-85 Page 2 1 . PA6B14 (ContinuedO filling the swimming pool ; that the main basis of the appraisal was economic value; that the property owner supplied another appraisal , which was used in an attempt to negotiate a price, however, a medium value could not be reached which he felt the Agency could legally settle upon, and the owner may choose to submit it in Court. Mayor declared the hearing open. Gordon Suker, attorney representing the Bartholomew family (of which several members were in the audience) stated that the fourth "Whereas" clause of the proposed resolution cites the wrong code section number; that none of his clients have ever been contacted by the developer, which is required by State law, and it is not in the public interest to acquire the property, nor is it in the interest of the City to build another 100+ hotel ; that negotiating requires the developer to do something, and he has never contacted him or his client; that he challenges the statement that this is a blighted area, rather it is a lovely, quiet, well-maintained hotel ; that "necessity" has not been tested; and the owner is ready to negotiate with the developer. He stated that the Redevelop- ment Director sent a letter in October stating that the fair market value was $146,730; that the owner' s appraisal was $246,860; that the Redevelopment Director offered $165,000 in December, 1984; that the fault in negotiating is because the City did not follow the procedure and have the developer initiate the negotiation. He urged that the Agency table this matter, and have its staff and legal counsel and explore the law and see if the developer can do something to make ' his project proceed. There being no further appearances, Chairman declared the hearing closed. In answer to questions by Agency, Redevelopment Director reported that there is no question that there has not been contact between the developer and the owner, or her attorney; that Mrs. Bartholomew contacted him over a - year ago about the possibility of selling her property, and he spoke with her about the possibility and who might be interested; that he served as an intermediary, until negotiations became more serious, and she retained Mr. Suker to continue the negotia- tions; that a property study was made some time ago by Mr. Fisher, which indicated a value of $146,700; that Mrs. Bartholomew had an appraisal done, which came to $246,860, however, in studying it, several errors were found; and, in an attempt to reach a settlement, an offer of $165,000 was made. He stated that the Agency has a legal responsibility to not give away public funds, if it becomes involved in the negotiations, even though it may later become a total expense of the developer. He also reported that attempt has been made to negotiate with Mr. Suker, as high as $205,000, but he was not successful with the client, nor the Redevelop- ment Director with the Agency; at which point Mr. Fisher was retained to perform a full , in-depth appraisal , which resulted in the $115,000 appraisal . He stated that the Agency is not allowed to instruct the appraiser as to what the values are; and the amount determines how much must be deposited with the Court. He stated that the Agency must determine if it wishes to continue this matter until the developer ` II CRA Minutes 5-15-85 Page 3 1 . PA6B14 (Continued) reaches agreement with the owner, if Mr. Suker is correct that statutes have not been followed. City Attorney stated that in the broad sense, the Agency has the authority to acquire property for land assembly and transfer to a developer for development; that it is his under- standing that the Agency may act on behalf of the developer to enter negotiations; and if the Agency feels unsure or adverse to that point, it may wish to carry over the item, pending comment by its outside legal consultant. He stated that the question of value does not enter into the proceedings before the Agency at this time, other than to establish that an offer has been made, and made according to a full appraisal , and not just a study appraisal . Executive Director reported that the Agency' s legal counsel has reviewed the proceedings and did not find any problems with it; that appraisal procedures were followed, and any offer other than the full appraisal would be a gift of public funds, and he believes the offer is valid and will stand up in Court. Member Birer stated that he preferred a delay to hear from the legal counsel , and stated that eminent domain is something to be used when all negotiations fail . Member Maryanov stated that the property owner made the first contact, and the issue is a question of price, for which there is a legal procedure to make that determination; and that he preferred to have the legal opinion before taking the action proposed. It was moved by Smith, seconded by Maryanov, and unanimously carried, that this matter be continued, pending review and comment by legal consultant, Stover. LEGISLATIVE ACTION: 2. PA1B2 - MORRISON SITE LEASE Recommendation: That the Agency approve a lease agreement with Dina Lamb, for property at 435 N. Palm Canyon, for one year, at 75t per square foot; and terminate Agreement #74. Redevelopment Director highlighted his report, and noted that Mrs. Lamb desired larger quarters, and therefore moved from her previous store on the property. Resolution 337, approving the lease agreement, as recommended, was presented; after which, it was moved by Foster, seconded by Smith, and unanimously carried, that Resolution 337 be adopted; and that the lease for the previous site, known as Agreement 474, be terminated. 3. PA1B2 - WALKWAY Recommendation: That the Agency quitclaim its interest in easement for walkway from the Catholic Church parking lot to Palm Canyon. Redevelopment Director highlighted his report, and noted that the Agency cannot hold property in its name as long as the City, and the easement more appropriately should have been made to the City rather than the Agency. Easement originally granted tolthe Agency by Paul Sislin. CRA Minutes 11 5-15-85 Page 4 3. PAIB2 (Continued) Resolution 338, approving the quitclaim, was presented; after which, it was moved by Birer, seconded by Foster, and unani- mously carried, that Resolution 338 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. FA UDITHSUMICH sst. Secretary 342 MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS JUNE 5, 1985 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 5, 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith and Chairman Bogert Absent: None APPROVAL OF MINUTES: It was moved by Smith, seconded by Maryanov, and unanimously carried, that the Minutes of February 6, March 6, April 17 and May 1 , 1985 be approved. PUBLIC COMMENTS - None HEARINGS: 1 . 1985-86 BUDGET Redevelopment Director read a prepared budget statement, a copy of which is on file with the City Clerk, noting that three redevelopment project areas were added in 1984-85; that the Administrative Fund is down $10,365 from 84-85; and tax increment revenue should rise from $595,315 to $1 ,005,928. He stated that there are no new major projects, however, additional funds have been provided for the Indian Avenue landscape project. Chairman declared the hearing open; there being no appearances, the hearing was closed. No action required at this time. LEGISLATIVE ACTION: 2. PA6B14 - LAND ACQUISITION Recommendation: That the Agency declare necessity to acquire fee interest in certain real property on the west side of Chaparral , south of Vista Chino. This item was continued from May 15, 1985. Redevelopment Director reported that since the last Agency meeting, the developer has made an offer directly to the property owner, who rejected it and maintains an asking price equal to her appraisal . He read sections of the proposed resolution, and stated that if it is adopted, the Agency's appraised amount will be deposited with the Court, which will settle the matter of value, and staff will work with the property owner regarding relocation. He stated that the Agency's legal consultant had reported that a direction negotiation between the property owner and the developer was not required, and Mrs. Bartholomew's attorney holds that as a different interpretation; that there has not been a violation of the legal process, but the developer did meet with the owner and made an offer. Resolution 339, declaring necessity as recommended, was presented; after which, it was moved by Birer, seconded by Maryanov, and unanimously carried, that Resolution 339 be adopted. CRA Minutes 3 4. � 6-5-85 Page 2 3. CITY HALL LEASE Recommendation: That the Agency approve lease of office space in City Flail , at $1 ,000 per month. Redevelopment Director reported that the rental was negotiated _ with the Assistant City Manager, and includes ancillary facilities. He also noted that the Council has been asked, on its agenda of this date, to also approve the lease. Resolution 340, approving the lease as recommended, was presented; after which, it was moved by Maryanov, seconded by Smith, and unanimously carried, that Resolution 340 be adopted. 4. PAS - BARISTO-FARRELL Recommendation: That the Agency call for a community consult- ation process for this project area, in-lieu of a project area committee. Redevelopment Director highlighted his report dated June 5, 1985. Resolution 341 , calling for the process recommended, was presented; after which, it was moved by Smith, seconded by Birer, and unanimously carried, that Resolution 341 be adopted. REPORTS & REQUESTS: a) Received for filing, Financial Disclosure Filings from various staff and commissioners relative to PA6 & PAS. ' ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. a9 JUDITH SUMICH Asst. Secretary 341 MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS JUNE 19, 1985 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 19, 1985 at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Maryanov & Chairman Bogert Absent: Mr. Smith APPROVAL OF MINUTES: It was moved by Foster, seconded by Maryanov, and unanimously carried, Smith absent, that Minutes of May 15 & June 5, 1985, be approved. PUBLIC COMMENTS: None LEGISLATIVE ACTION: 1 . FINANCING PA4, 5, 6, & 7 Recommendation: That the Agency authorize the repayment of $67,000 of a loan from the City, to reduce $100,000 balance, loaned via City Council Resolution 14968 (PA5) relative to option for the Hess Property; accept a loan from the City in amount of $67,000 to cover administrative expenditures related to five redevelopment project areas (PA3, 4, 5, 6 & 7) ; and amend the budget to account for the new loan funds. A brief report was given by the Redevelopment Director, who noted that this item was reviewed in study session. Resolutions 342 through 344, were presented, as recommended; after which, it was moved by Foster, seconded by Birer, and unanimously carried, Smith absent, that Resolutions 342 through 344 be adopted. 2. BUDGET - CONTINUING APPROPRIATIONS Recommendation: That the Agency authorize continuing appropri- ations from 1984-85 budget into 1985-86 fiscal year, for projects not completed. This item was reviewed in study session, and no further report was given. Resolution 345, authorizing continuances, as recommended, was presented; after which, it was moved by Maryanov, seconded by Foster, and unanimously carried, Smith absent, that Resolu- tion 345 be adopted. 3. BUDGET, 1985-86 Recommendation: That the Agency adopt its budget for 1985-86, totalling $1 ,922,743, as reviewed in previous study sessions. This item was reviewed in study session, and no further report was given. Resolution 346, adopting the budget, as recommended, was presented; after which, it was moved by Foster, seconded by Birer, and unanimously carried, Smith absent, that Resolu- tion 346 be adopted. CRA Minutes � 5 6-19-85 Page 2 ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. �- a JUDITH SUMICH Assistant Secretary MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS JULY 3, 1985 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, July 3, 1985, at 7:30 p.m. ROLL CALL: Present: Members Foster, Maryanov and Chairman Bogert Absent: Members Birer and Smith PUBLIC COMMENTS: None LEGISLATIVE ACTION: 1 . PA6B14 - PARTICIPATION AGREEMENT Recommendation: That the Agency approve owner participation agreement with National Capital Development Corporation, for development of the Patel Hotel on the SE corner of Indian Avenue and Vista Chino. Redevelopment Director reviewed his report, and stated that agreement provides for Agency assistance to share in the cost of the Katchmar property, at $130,000, and an excess purchase price for the Bartholomew property if the court awards more than $115,000. He stated that the first discussions about the Bartholomew property focused on $200,000, with a payback over seven years ; that the amount now contemplated would have an eight year payback, and a higher estimated tax increment. He also noted that staff will be back to the Agency for guidance relative to industrial development bonds for the project. Res 347, approving owner participation agreement as recommended, was presented; after which, it was moved by Maryanov, seconded by Foster, and unanimously carried, Birer and Smith absent, that Resolution 347 be adopted. 2. PA6B12- PARTICIPATION AGREEMENT Recommendation: That the Agency approve owner participation agreement with P.S. Florist Corporation to allow interim encroachment into required setback at SS14 North Palm Canyon, to accommodate 20--ft wide remodel . Planning Director reported that the Planning Commission could not make the required findings for a zero setback, and a result of applying the setback standard would be a 10-foot offset between the existing building and the addition; and that the participation agreement would allow the remodelling, until 60% of the block frontage has been reworked to meet the setback provisions, or have entered into such agreements. Resolution 348, approving the agreement, as recommended, was presented; after which, it was moved by Foster, seconded by Maryanov, and unanimously carried, Birer and Smith absent, that Resolution 348 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. JUDITH SUMICH Assistant Secretary MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY JULY 17, 1985 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs was called to order by the Assistant Secretary, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, July 17, 1985, at 7:30 p.m. ROLL CALL: Present: None Absent: Members Birer, Foster, Maryanov, Smith & Mayor Bogert Due to lack of a quorum, the meeting was adjourned to Wednesday, July 31 , 1985, at 7:30 p.m. yJUDITH SUMICH Assistant Secretary 34a MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY JULY 31, 1985 A Regular Meeting of the Community Redevelopment Aqency of the City of Palm Sprinqs, was called to order by Chairman Bogert., in the Council Chamber, 3200 Tahquitz-McCallum Way, on July 31 , I985 at 7:30 p.m. ROLL CALL: Present: Memhers Rirer, Foster, Marvannv, Smith and Chairman Roqert Absent: None APPROVAL OF MINUTES: It was moved by Birer, seconded by Smith, and unanimously carried, that the Minutes of June 19, July 3 and 17 be approved. PUBLIC HEARINGS - None LEGISLATIVE ACTION 1 . PA61314 - FINANCING. Recommendation: That the Aqency establish intent to issue IDR 's for construction of the Renaissance Hotel (Patel Hotel ) , in amount of tS million. Economic Development and Housing Coordinator stated that upon approval of the Resolution of Inducement, staff would begin the process of seeking an IDB allocation from the State and County sources, and the eventual issuance of the bonds would he dependent upon the success of such allocations; and that specifics in terms of developer's surety and guarantees would he returned to the Council prior to any such issuance. Resolution 349, providing the inducement; as recommended was presented; after which, it was moved by Maryanov, seconded by Birer, and unanimously carried, that Resolution 349 be adopted. 7. PROJECT AREA FINANCING Recommendation that the Agency redistribute 5105,700 of City General Fund Loans from the CBD (PA1_) to PA3, 4, 5, 6 and 7. Redevelopment Director noted that this item had been reviewed at the last study session, and presented thie Resolutions to accommodate the redistribution. Resolutions 950, 351 , and 352 were presented, as recommended; after which, it was moved by Foster, seconded by Maryanov, and unanimously carried, that Resolutions 350, 351., and 352 be adopted. 3. PAIB2 - WALKWAY FASEMENT Recommendation: That the Agency grant Ouitclaim Deed to the City of Palm Springs for a 5 foot walkway easement given to the Agency from the Catholic Church, in order to connect the Morrison Parking Lot to the back entrance of the properties facing Palm Canyon Drive. Redevelopment Director reviewed his report. Resolution 353, authorizinn , the OuitcIaim Deed, as recommended, was presented; after which, it was moved by Birer, seconded by Foster, and unanimously carried, that Resolution 353 be adopted. CRA MINUTES ?49 7-PI-85 Page 2 1 . PAIR? - MORRISON PROPERTY LEASE Recommendation: That the Agency approve a one-vear lease with Helen Wolff and Samir Iskander for stores at 431 and 433 North Palm Canvon Drive, ORA, Treasurer of King Tut Egyptian Artifacts and Antiques, term ending April 30, 1986 at a monthly rental of $665.00 Redevelopment Director reviewed his report. Resolution 354, approving the lease as recommended, was presented; after which, it was moved by Foster, seconded by Rirer, and unanimously carried, that Resolution 354 be adopted. 5. PA6R14 - APPRAISAL Recommendation: That the Agency approve an agreement with Roland Sweet, Appraiser, relative to the Bartholomew property in connection with land acquisition for the Patel Hotel . Redevelopment Director stated that property was previously appraised, and it is recommended that a second appraisal be obtained in pursuance of the Agency' s eminent domain proceedings. Resolution 355, approving the appraisal agreement, as recommended, was presented; after which, it was moved by Foster, seconded by Maryanov, and unanimously carried, that Resolution 355 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. JUDITH SUMICH Assistant Secretary w� Q MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS AUGUST 7, 1985 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs was called to order by the Assistant Secretary, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, August 7, 1985, at 7 :30 p.m. ROLL CALL: Present: None Absent: Members Birer, Foster, Maryanov, Smith & Chairman Bogert There being lack of a quorum, the meeting was adjourned to Tuesday, August 20, 1985, at 3 p.m. , in the Large Conference Room, City Hall . JUDITH SUMICH Assistant Secretary 35 � MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS AUGUST 20, 1985 A Adjourned Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs was called to order by the Assistant Secretary, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, August 20, 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith & Chairman Bogert. Absent: None ADJOURNMENT There was no business before the Agency, and the Chairman declared the meeting adjourned. DITH SUM C i Assistant Secretary 3r 2 MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS AUGUST 21, 1985 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs was called to order by the Assistant Secretary, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, August 21, 1985, at 7:30 p.m. ROLL CALL: Present: None Absent: Members Birer, Foster, Maryanov, Smith & Chairman Bogert There being lack of a quorum, the meeting was adjourned to Tuesday, August 20, 1985, at 3 p.m. , in the Large Conference Room, City Hall . JUDITH SUMICH Assistant Secretary MINUTES OF 3 5,3 CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY SEPTEMBER 4, 1985 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 September 4, 1985 at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith and Chairman Bogert Absent: None APPROVAL OF MINUTES: It was moved by Birer, seconded by Maryanov, and unanimously carried that the Minutes of July 31, 1985 be approved. PUBLIC HEARINGS LEGISLATIVE ACTION 1. PA1B2 - TRASH SERVICES Recommendation: That the Agency approve agreement with Alexander Rose etal , Claire Galant, and Paul Sislin, owners of properties at 457 to 477 North Palm Canyon Drive, to share in the cost with the Agency of a trash dumpster on Agency property to serve their property , as well as Agency-owned property in that vicinity; Agency-owned property known as Morrison parcel . Redevelopment Director highlighted his report, noting that the sharing of the cost will reduce the Agency's cost from $50 per month to $6 per month, which is then passed on to its tenants, and that cost savings will also accrue to the other properties involved. Resolution 356 approving the agreements as recommended, was presented; after which, it was moved by Birer, seconded by Smith, and unanimously carried that Resolution 356 be adopted. 2. AGENCY BY-LAWS Recommendation: That the Agency amend its By-laws to provide that the Executive Director shall have authorization to enter into contracts in an amount not to exceed $5,000, and to accept grant deeds on behalf of the Agency. Resolution 357 amending the Ry-laws as recommended was presented; after which, it was moved by Maryanov, seconded by Rirer and unanimously carried that Resolution 35 be adopted. 3. PA6B14 - BARTHOLOMEW ACQUISITION Recommendation: That the Agency authorize its staff to execute the necessary documents on behalf of the Agency for the acquisition of the Bartholomew property, referred to as Parcel 7 in the Owner Participation Agreement between the Agency and the Renaissance Hotel Partnership (Patel ) , in amount of $70,254.50, plus its share of closing costs and relocation costs. 354 CRA MINUTES September 4, 1.g85 Page 2 3. PA6B14 - BARTHOLOMEW ACQUISITION (Continued) Redevelopment Director reviewed his report and noted that, if approved, escrow should close by the end of the month, this will complete the acquisitions required for the project to proceed. He stated that the Agency must assist in relocation of tenants; that the owner is also a lessee of one of the units, and has accepted $4,000 for relocation costs; and that it is a legal obligation of the Agency, and one which is out- side of escrow. Resolution 358 approving acquisition of the property, as recommended, was presented; after which, it was moved by Foster, seconded by Birer, and unanimously carried that Resolution 358 be adopted. 4. PA2B6-10 - CONVENTION CENTER DEVELOPER AND HEADQUARTERS HOTEL OPERATOR Recommendation: That the Agency approve the involvement of Trammell Crow, G&H Interests, Inc. , and Wyndham Hotel Company in cooperation with SENCA in the development of the Convention Center and Headquarters Hotel Project. Economic Development and Housing Director highlighted his report. Bob Sheldon, SENCA, stated that, upon closing the bond and escrow, they started looking to affiliate with a more powerful developer with co-interest in the project; that the Crow affiliate had been sought two years ago, but Mr. Crow thought the project was premature at that time; that he wanted G&H Interests, Inc. involved°, that a conceptual agreement had been arranged and the Agency & City approval of the amendment to the development agreement is required and that it is being requested at this time. Mr. Geiller, of G&H Interests, Inc. , gave a background of his and Mr. Huntsinger's background and partnership with Crow, and projects which they have developed, noting that Mr. Crow, personally, and not his company, will be a partner; that the Wyndham Hotel Company profile seeks the high end of the hotel market, and caters to groups, conventions., and conference meetings and have separate divisions for this and resort interests. He thought Palm Springs was a natural combination of the two elements. He stated that they will be looking at the architecture of the hotel , as it was originally drawn, and would like to come back with suggestions for review or approval, although massing of the structure is not anticipated to change. He stated groundbreaking is hoped to take place at the end of the year. Individual expressions of approval and support of the change in the developer structure were expressed by members of the Council . Resolution 359 approving amended developer definition inclusion, referral thereof in previously approved documents relating to the development of financing of the Convention Center and Headquarters Hotel Project, and designation of Wyndham Hotel Company as the initial operator of the Head- quarters Hotel, was presented; after which, it was moved by Birer, seconded by Foster, and unanimously carried, Maryanov and Smith abstaining, that Resolution 359 be adopted. CRA MINUTES September 4, 1985 Page ADJOURNMENT There being no further business, Chairman declared the meeting adjourned; after which, members reconvened as the City Council . JUDITH SUMICH Assistant Secretary MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS OCTOBER 2, 1985 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 18, 1985, at 7:30 p.m. > ROLL CALL: Present: Members Birer, Foster, Mlaryanov, Smith & Chairman Bogert Absent: None APPROVAL OF MINUTES: It was moved by Foster, seconded by Birer, and unanimously carried, that the Minutes of August 7, 2D, 21 , & September 4, 1985, be approved. PUBLIC COMMENTS: None LEGISLATIVE ACTION: 1 . FINANCING - ISSUER'S FEE Recommendation: That the Agency establish an issuer's fee of 1/4 point for issuance of tax exempt bonds for private development. Report highlighted by Economic Development & Housing Coordinator. Resolution 360, establishing policy as recommended, was presented; after which, it was moved by Smith, seconded by Maryanov, and unanimously carried, that Resolution 360 be adopted. 2. PA2 & 8 - APPRAISAL SERVICES Recommendation: That the Council approve Agrs 140, 141 and 142, each with Lea Assocates for appraisal services for the Foster leasehold re Convention Center; the Bowles property, aka Prairie Schooner Trailer Park, potential theatre use; and Palm Springs Sundial property in the Baristo-Farrell Project Area (PA2 & 8, respectively). Redevelopment Director highlighted his report, and noted that the cost of the appraisal for the Sundial property will be reimbursed by the P.S. Mall . Resolution 361 , approving the agreements, as recommended, was presented.; after which, it was moved by Foster, seconded by Birer, and unanimously carried, that Resolution 361 be adopted 3. PA1B9 - DELGADO/LAS CASUELAS TERRAZA Recommendation: That the Agency approve amendment to license agreement to extend encroachment into Agency-owned right-of-way, north of existing license agreement area, 3' x 20' to modify trash area. Report highlighted by Rede- velopment Director. Resolution 362, approving amendment to Agr 37, as recommended, was presented ; after which, 'it was moved by Foster, seconded by Birer, and unanimously, carried, Maryanov abstaining, that Resolution 362 be adopted. CRA Minutes 10-2-85 Page 2 4. FINANCING - LAIF Recommendation: That the Agency authorize investment of monies in the State Local Agency Investment Fund. Treasurer highlighted his report, noting that the Agency limit is $5 million, or a combined limit with the City of $10 million ; and the Fund has a $13 billion state-wide pool of funds. Resolution 363, approving investing in the fund, as recom- mended, was presented ; after which, it was moved by Maryanov, seconded by Smith, and unanimously carried, that Resolution 363 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. + JUDITH SUMICH Assistant Secretary ww,tr 0, S MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS OCTOBER 16, 1985 A Regular Meeting of the Community Redevelopment Agency was called to order by Chairman Bogert, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, October 16, 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith & Chairman Bogert Absent: None PUBLIC COMMENTS: None LEGISLATIVE ACTION: 1 . PA5B1 - HESS PROPERTY Recommendation: That the Agency authorize executing documents to sell interest in property controlled by the Agency at the SW corner of Cahuilla and Tahquitz Way, to Roskamp Manley Associates, Inc. , for development of a hotel in conjunction with adjacent property. Redevelopment Director reviewed his report, noting that the Agency paid $100,000 for an option to purchase at a firm price of $550,000; that Roskamp Manley Associates has an interest in acquiring the Agency interest for $650,0010 to use the property as an entrance for a 350-room hotel to be developed on the adjacent property; and that escrow would close before the Agency' s option expires March 15, 1986. Resolution 364„ authorizing option for an option to acquire the property for $650,000, with $100,000 to be deposited into escrow and applied against the purchase price, was presented; after which, it was moved by Birer, seconded by Foster, and unanimously carried, that Resolution 364 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. L. JUDITH SUMICH Assistant Secretary aya • J MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY OCTOBER 30, 1985 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, 3200 Tahquitz-McCallum Way, on October 30, 1985 at 3:00 p.m. . ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith and Chairman Bogert Absent: None LEGISLATIVE ACTION 1. PD 147 - I . MAGNIN SUBORDINATION AGREEMENT AND LEASE Recommendation: That the Agency approve farm of lease for I . Magnin and authorize Executive Director to sign a Subordination Agreement for said Lease. Redevelopment Director stated that because of the nature of cross easements , the Lease Agreement and Subordination Agreement require Agency approval ; that McDonough, Holland & Allen, attorneys for ' the Agency, have prepared the Subordination Agreement and proposed Resolutions, but that the City Attorney had not seen the Agree- ments; that the lease for Saks Fifth Avenue would be presented at the next Agency meeting; and that traffic problems, discussed at the Study Session on 10-29-85, were being looked into by Director of Community Development, and that the situation would probably continue until the area between Indian & Palm Canyon is completed. Resolution 365 authorizing execution of a Subordination Agreement between the Agency and Federated Department Stores, Inc. , consented to by South Plaza Associates and North Plaza Associates, Agr. #143, and Resolution 366 approving the form of lease between South Plaza Associates and Federated Department Stores, Inc. (I. Magnin) , were presented; after which, it was moved by Smith, seconded by Birer, and unanimously carried, that Resolutions 365 and 366 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. ' f l� JUDITH SUMICH Assistant Secretary MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS NOVEMBER 6, 1985 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 6, 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith and Chairman Bogert Absent: None PUBLIC COMMENTS: None APPROVAL OF MINUTES: It was moved by Smith, seconded by Foster, and unanimously carried, that the Minutes of October 2, 1985 be approved. LEGISLATIVE ACTION: 1 . PA6B14 - RENAISSANCE HOTEL (PATEL HOTEL) Recommendation: That the Agency authorize payment of relocation benefits in conjunction with the development of the Renaissance Hotel . Redevelopment Planner reviewed the Director's report, and stated that of 9 persons to 'be displaced, 5 are eligible for maximum benefits plus moving and relocation allowance; that the remaining are eligible for relocation and moving allowance up to $500; that they are very low income families, and an additional relocation allowance of $500 is recommended for the remaining 4; that the PAC recommends approving last month rent and security deposit and $500 dislocation and moving allowance, and Staff is satisfied that it is called for in these cases. Councilmembers noted that the funds are provided through housing set aside funds ; and authorization is for this project only. Resolution 367, authorizing relocation benefits in conjunction with the development, as recommended, was presented; after which, it was moved by Maryanov, seconded by Smith, and unanimously carried, that Resolution 367 be adopted. 2. PA8 - REDEVELOPMENT PLAN & EIR Recommendation: That the Agency authorize transmittal of the Preliminary Report, the Redevelopment plan and Draft Environmental Impact Report for the proposed Baristo-Farrell Redevelopment project to the Planning Commission, taxing agencies and environmental review agencies. Report reviewed by Redevelopment Specialist. Resolution 368, authorizing transmittal , as recommended, was presented; after which, it was moved by Smith, seconded by Maryanov, and unanimously carried, that Resolution 368 be adopted. CRA Minutes 11-6•-85 Page 2 3. PA2B6-10 - LAND ACQUISITION Recommendation: That the Agency approve an amendment to the loan with SENCA to clarify the amount and terms of said loan. Economic Development reported that the amendment clarifies the amount of the loan as $842,000, commencing January 1 , 1985, and $3,364 million commencing July 1 , 1985; that $2,777,400 is subject to interest commencing July 1 , 1985; capitalizes interest payment due July 1 , 1985; and defers interest payments due monthly thereafter. He stated that the loan is due December 31 , 1985, or when escrow funds are available, whichever occurs first. Resolution 369, approving the amendment, as recommended, was presented; after which, it was moved by Birer, seconded by Foster, and unanimously carried, that Resolution 369 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. t� 9'JAIDITH SUMICH ssistant Secretary = �4sF MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS NOVEMBER 20, 1985 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs, was called to order by Vice Chairman Maryanov in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, November 20, 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Maryanov and Smith Absent: Chairman Bogert PUBLIC COMMENTS: None LEGISLATIVE ACTION: 1 . PA3 - PALM CANYON PLAZA HOTEL (AKA CROWE HOTEL) Recommendation: That the Agency grant a time extension for performance under the Development Agreement with Palm Canyon Plaza Ltd, from March 15, 1986 to July 15, 1986, contingent upon certain intermediate actions. Redevelopment Director reviewed his revised report, and stated that in addition to the extension, the amended agreement would add Py-vavra as joint venture partner (now consisting of National Equity Investments and Octagon Associates) ; and that the contingency relates to an extension of an option with Sherman & Maxine Harris (due to expire 11-26-85) relative to their property, and delivery of the finance package and evidence of the Py-vavra and the Omini International agreements to him by that time, and in the absence of that, the resolution extension would not be in effect. Vice-Chairman stated that he would abstain on this matter due to a client relationship. Resolution 370, authorizing amended agreement to extend performance, as recommended, was presented; after which, it was moved by Smith, seconded by Birer, and unanimously carried, Bogert absent, that Resolution 370 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. v� SUMICH Assistant Secretary E : MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS DECEMBER 4, 10 & 16, 1985 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, December 4, 1985, at 7:30 p.m. ROLL CALL: Present: Members Birer, Foster, Maryanov, Smith and Mayor Bogert Absent: None ADJOURNMENT There being no business, Chairman declared the meeting adjourned to Tuesday, December 10, 1985, at 3 p.m. , in the Large Conference Room, City Hall ; business expected to be brought before the Agency at that time did not materialize, and following motion duly made and carried, said meeting was further adjourned to Monday, December 16, 1985, at 4:30 p.m. , in said Large Conference Room; at which time, no business was brought before the Agency, and the meeting was adjourned. JUDITH SUMICH Assistant Secretary MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS DECEMBER 18, 1985 A Regular Meeting 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 Wednesday, December 18, 1985, at 7:30 p.m. ROLL CALL: Present: Agency Members Birer, Foster, Maryanov, Smith and Chairman Bogert Absent: None JOINT PUBLIC HEARING: 1 . PA7 - HIGHLAND-GATEWAY Consideration of PAC recommendation to remove power of eminent domain from Desert Highland and Gateway Estates Tracts; and for same to remain in full force and effect for the remainder of the project area. Redevelopment Specialist reviewed report of Redevelopment Director, and reported that the PAC requested at the time of adoption of the project area plan that it be given one year in which to develop a recommendation relating to the use of eminent domain ; that it has met a number of times over• the past year, and is recommending the exclusion as noted. Mayor/Chairman declared the hearing opened. Jeremy Crocker, 330 W. Arenas Road, spoke in opposition to the use of eminent domain, stating that if it is used anywhere in the project area, it will lead to its use throughout the area. George Goldberg, 1445 "Cesspool " Drive;, stated that it is being used to gain influence for others, and alluded to a conflict of interest for an unnamed person. Clarence Dauphine, 879 Gateway, questioned guarantee that future Council would not use eminent domain ; that he is opposed to its use in the residential area, but partially favors its use in other areas, if it would not spill over to the residential areas. He stated that if the two tracts are deleted, perhaps the name of the project area is incongruent. There being no further appearances, the hearing was closed. Redevelopment Specialist stated that the plan is in place for thirty years ; that the decision carries with the life of the plan; that the residential areas remain in the project area, in order to enable improvements through tax increment financing; and that any change in the plan would require notice and another public hearing. Councilman Maryanov stated that the public necessity must be shown before any eminent domain proceeding occurs; that it is not a taking of land, rather a payment therefore at market value; and the property owner has remedies. CRA Minutes 12-18-85 Page 2 1 . PA7 - JOINT PUBLIC HEARING (Continued) Resolution 372, approving map defining properties exempt from eminent domain, was presented; after which, it was moved by Birer, seconded by Foster, and unanimously carried, Smith abstaining, that Resolution 372 be adopted. See City Council Minutes this date for its appropriate actions. Mayor declared the Council adjourned, and the Agency to remain in session to complete its agenda. PUBLIC COMMENTS - None APPROVAL OF MINUTES: It was moved by moved by Foster, seconded by Maryanov, and unanimously carried, that the Minutes of October, 16, 30, November 6 and 20, 1985 be approved. LEGISLATIVE MATTERS: 2. PA1B4-6 - DESERT FASHION PLAZA Recommendation: That the Agency approve form of lease for the Saks Fifth Avenue store, between it and North Plaza Associates, in which South Plaza Associates and the Edw. J. DeBartolo Corp. join. Redevelopment Coordinator reviewed report of Redevelopment Director. In answer to question by the Agency, City Attorney stated that the matter may be tabled, however, a question raised at study session whether denial of the request could be used as a vehicle to achieve the solution to the parking issue, that would not be permitted; that the only aspect before the Agency is the aspect of lease in terms of reciprocal easements; that such consideration could be tabled, but not unreasonably withheld when the matter is removed from the table; and that the only basis of denial is that it does not provide the easement as required. Redevelopment Coordinator stated that the Agency's legal consultant has reviewed the document and stated that it does comply. Chairman stated that he did not believe it was a proper point over which to solve the parking issue, and should be dealt with on its own merits. Agency Member Maryanov stated that the developer made representations that it needed a second story, for which approval was given, but there is not intent to proceed with it for two years; that it has said it will deal with the parking issue, but he has not seen any solution brought ' forward ; and that he did not see any alternative. Agency Member Birer stated that he believed the developer' s attention can be obtained, without putting up road blocks between the tenant and the landlord. It was moved by Maryanov, seconded by Foster, and carried by the following vote, that this matter be tabled: AYES: Foster, Maryanov & Smith NOES: Birer & Bogert ABSENT: None CRA Minutes 12-18-85 Page 3 3. FINANCING Recommendation: That the Agency repay $135,000 in loans from the General Fund, per 'Res. 15363; and accept loan of $135,000 from the General Fund, to fund Agency responsibilities related to the Renaissance Hotel project (PA6). Report reviewed by Redevelopment Coordinator. Resolution 373 and 374 as recommended, were presented; after which, it was moved by Maryanov, seconded by Smith, and unanimously carried, that Resolutions 373 and 374 be adopted. 4. FINANCING - AB265 COMPLIANCE Recommendation: That the Agency establish intent to construct a list of future improvements necessary to implement the redevelopment plans ; and set a public hearing on adoption of a formal statement of indebtedness for February 5, 1986. Report highlighted by Executive Director. Resolution 375 establishing intent, was presented; after which, it was moved by Maryanov, seconded by Foster, and unanimously carried, that Resolution 375 be adopted, and that required hearing be set for February 5, 1986. 5. PA2 - FIRE STATION #1 LAND ACQUISITION Recommendation: That the Agency authorize purchase of property on the SE corner of Amado and Calle Encilia for relocation of Fire Station 1 ; accepting loan of $230,000 from the General Fund, at 9% inerest to cover down payment, therefor; and amend the Agency budget to account for the loan. Report reviewed by Executive Director. Resolutions 376, 377 and 377-A, approving actions as recommended, was presented; after which, it was moved by Foster, seconded by Birer, and unanimously carried, that Resolutions 376, 377 and 377-'A be adopted. ADJOURNMENT There being no further business Chairman declared the meeting adjourned to Thursday, December 19, 1985, at 7:30 p.m. , in the Large Conference Room, City Hall . �J JUDITH SUMICH Assistant Secretary CITY OF PALM SPRINGS CITY COUNCIL AND COMMUNITY REDEVELOPMENT AGENCY MINUTES OF DECEMBER 19, 1985 An Adjourned Regular Meeting of the City Council and of the Community Redevelopment Agency of the City of Palm Springs, were called to order by Mayor/Chairman Bogert, in the Large Conference Room, City Hall , 3200 Tahquitz-McCallum Way, on Thursday, December 19, 1985, at 7:30 p.m. ROLL CALL: Present: Council/Agency Members: Birer, Foster, Maryanov, Smith and Mayor/Chairman Bogert Absent:, None LEGISLATIVE ACTION: 1 . CONVENTION CENTER & HEADQUARTERS HOTEL FINANCING Economic Development & Housing Director recommended that the Agency adopt a series of thirteen actions relative to amended and restated trust agreements, and other documents related thereto; ratify and authorize certain officer/staff actions; rescind any previously adopted actions in conflict therewith; for each of the eleven Headquarter Hotel and Convention Center Partners, Ltd. He stated that the first six partnerships will be credit enhanced through Citibank; and 7-11 by First Minneapolis; that the amounts are the same as previously reported, with minor rounding of dollars for Nos. 9 and 11 ; total , $68.2 million. Resolutions 378 through 388, approving actions recommended, were presented; after which, it was moved by Foster, seconded PA2 by Birer, and unanimously carried, Maryanov and Smith (124) abstaining, that Resolutions 378 through 388 be adopted. Economic Development & Housing Director recommended that the Council adopt Resolution 15756, authorizing execution of sublease agreement between the Agency and the City, relating to the Convention Center facilities, and other legal documents (139) with respect thereto; after which, it was moved by Birer, seconded by Foster, and unanimously carried, Maryanov and Smith abstaining, that Resolution 15756 be adopted. City Manager recommended that the Council authorize him, or his designee, to amend the development agreement, as necessary, relative to the closing documentation; after which, it was moved by Birer, seconded by Foster, and unanimously carried, Maryanov and Smith abstaining, that the City Manager be so authorized. Economic Development & Housing Director recommended that the Council adopt a resolution which, in effect, would limit the underwriter costs to 2.9% and limit long-term interest (139) rate to 9. 5%; after which, it was moved by Birer, seconded by Foster, and unanimously carried, Maryanov and Smith abstaining, that Resolution 15757 be adopted establishing limits as recommended. ADJOURNMENT There being no further business, Mayor/Chairman declared the meeting adjourned. { JUDITH SUMICH City Clerk & Asst. Secretary tS n MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS DECEMBER 20, 1985 An Adjourned Regular 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 , at 11 :30 a.m. ROLL CALL: Present: Agency Members Birer, Foster, Maryanov, Smith and Chairman Bogert Absent: None ADJOURNMENT There being no action required at this time, Chairman declared the meeting adjourned to Monday, December 23, 1985, at 9 a.m. , in the Council Chamber,,3200 Tahquiltz-McCallum Way. l � JUDITH SUMICH Assistant Secretary MINUTES OF CITY OF PALM SPRINGS CITY COUNCIL AND COMMUNITY REDEVELOPMENT AGENCY DECEMBER 23, 1985 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 Monday, December 23, 1985, at 9 a.m. ROLL CALL: Present: Council/Agency Members: Birer, Foster, Maryanov and Mayor/Chairman Bogert Absent: Council/Agency Member Smith LEGISLATIVE ACTION: 1 . MAYOR PRO TEM Due to the expected absence of the Mayor during the coming weeks, during which signing of additional Convention Center closing documents may be required; and due to conflict of interest for Mayor pro tem Maryanov; it was moved by Foster, (70) seconded by Maryanov, and unanimously carried, Smith absent, that Eli Birer be elected Mayor pro tem through January 8, 1986. 2. CONVENTION CENTER FINANCING Economic Development & Housing Director recommended that the Agency approve the Remarketing Agreement, and ratifying signing thereof by the Chairman, in the form of Resolutions 389 and 390 to be prepared by legal counsel ; after which, it was moved by Birer, seconded by Foster, and unanimously carried, Maryanov abstaining, and Smith absent, that Resolutions 389 and 390 be adopted. Economic Development & Housing Director recommended that the Council approve the Preliminary Official Statement, as (139) submitted, for the Convention Center Certificates of Participation, in amount of $32.730 million; official statement to substantially conform thereto; and ratifying signing thereof by the Mayor, in the form of Resolution 15758 to be prepared by legal counsel . He stated that the long-term interest would be 8 3/4%, and 6 1/2% for the short term. It was moved by Birer, seconded by Foster, and unanimously carried, Maryanov abstaining, and Smith absent, that Resolution 15758 be adopted. ADJOURNMENT There being no further business, Mayor/Chairman declared the meeting adjourned to Thursday, December 26, 1985, at 9 a.m. , in the Small Conference Room, City, Hall . C - Ct- JUDITH SUMICH City Clerk & Assistant Secretary MINUTES OF CITY OF, PALM SPRINGS CITY COUNCIL AND COMMUNITY REDEVELOPMENT AGENCY DECEMBER 24, 1985 A Special 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 , on Tuesday, December 24, 1985, at 2:30 p.m. ROLL CALL: Present: Council/Agency Members Birer, Foster, Maryanov, Smith and Mayor/Chairman Bogert Absent: None CLOSED SESSION: Mayor declared the meeting adjourned to a Closed Session, pursuant to Government code 54956. 9 (b)(1 ). LEGISLATIVE ACTION: 1 . CONVENTION CENTER FINANCING City Manager reported that clarification was sought by USF&G relative to the agreement worked out last week, and has requested security until a gross maximum price contract is secured, or the ground lease amended, whichever occurs first, and has submitted a letter, via telephone dictation, calling for the modification of dispersal of funds, and arrangements for insurance against earthquake. He read the letter into the record, a copy of which is on file with the City Clerk, and recommended that the Council approve its contents, as well as the Agency/Council authorize the Mayor/Chairman and/or Mayor pro tem/Vice-Chairman to amend and sign documentation as necessary related thereto. (1 ) It was moved by Birer, seconded by Foster, and unanimously carried, Maryanov and Smith abstaining, that the contents of the letter, as dictated, be approved, and authorization for amendment and signature be granted, as recommended. ADJOURNMENT There being no further business, Mayor/Chairman declared the meeting adjourned, noting that the December 23, 1985, Adjourned Regular Meeting of said bodies had been further adjounred to Thursday, December 26, 1985, at 9 a.m. 'JUDITH SUMICH City Clerk & Asst. Secretary MINUTES OF CITY OF PALM SPRINGS CITY COUNCIL AND COMMUNITY REDEVELOPMENT AGENCY DECEMBER 26 and 27, 1985 An Adjourned Regular Meeting of the City Council and of the Community Redevelopment Agency, was called to order by the City Clerk and Assistant Secretary, in the Small Conference Room, City Hall , 3200 Tahquitz-McCallum Way, on Thursday, December 26, 1985, at 9 a.m. ROLL CALL: Present: Council/Agency Members: None Absent: Council/Agency Members: Birer, Foster, Maryanov, Smith and Mayor/Chairman Bogert There being lack of a quorum, the City Clerk/Assistant Secretary declared the meeting adjourned to Friday, December 27, 1985, at 9 a.m. , in said Small Conference Room. Such meeting was also further adjourned by the City Clerk/Assistant Secretary, due to lack of a quorum, to Monday, December 30, 1985, at 9 a.m. , in said Small Conference Room. JUDITH SUMICH City Clerk & Assistant Secretary MINUTES OF CITY OF PALM SPRINGS CITY COUNCIL AND COMMUNITY REDEVELOPMENT AGENCY DECEMBER 30; 1985 An Adjourned Regular Meeting of the City Council and of the Community Redevelopment Agency were called to order by the City Clerk, in the Small Conference Room, City Hall , 3200 Tahquitz-McCallum Way, on Monday, December 30, 1965, at 9 a.m. ROLL CALL: Present: Council/Agency Members: None Absent: Council/Agency Members Birer, Foster, Maryanov, Smith and Mayor/Chairman Bogert Due to lack of a quorum, the City Clerk declared the meeting adjourned to 4 p.m. , this date, in said Conference Room; at which time, due to lack of a quorum, said meeting was adjourned. 1L/1)JUDITH SUMICH City Clerk & Assistant Secretary