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HomeMy WebLinkAbout1/1/1975 - CRA MINUTES MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS JANUARY 2, 1975 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs, was called to order by Chairman Foster, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Thursday, January 2, 1975, at 7:30 p.m. , pursuant to adjournment of the Regular Council meeting of same date. ROLL CALL: Present: Messrs. Beirich, Field, Garcia, Schlecht and Chairman Foster Absent: None APPROVAL OF MINUTES: It was moved by Field, seconded by Beirich, and unanimously carried, that the minutes of October 16, 1974, be approved. 1. LOAN FROM THE CITY COUNCIL Executive Director reported that funding through tax increment proceeds will not be available until later in Fiscal 74-75; that thus far the City has advanced $156,000 to the Agency, of which, $103,000 was for operation of the Agency and $53,000 for a portion of the construction of Pilot Project No. 1 (Henry Frank Walkway); that a budget of $60,000 was approved for the Agency from July 1 to June 30; that funds were exhausted in October, 1974; that operating fund loans have been advanced from the City's General Fund since that date; that approximately $100,000 will be received in tax increment funds during the fiscal year; that overall development plans for the downtown area, as well as financial projections, are currently being developed by the Agency; and recom- mended requesting a new loan from the City of Palm Springs, in the amount of *221,000 at 8% interest, to consolidate existing indebtedness of $156,000 and to fund administration of the Agency for approximately $65,000, or calendar year 1975. Mr. Schlecht stated that until plans are developed as to how the tax increment funds will be used, it is a mistake to continue making these loans ; that the Agency should stand on its own financially; that he could see no reason for the loan, since there will be a source of funding during this fiscal year; and that if there is a need to continue funding administra- tive expenses after specific plans are developed, the probl&m could be addressed at that time. He stated he would favor the request for the loan, with the under- standing that the Council is not expressing intent to automatically fund the administrative expenses for the entire year, but will re-examine this matter at budget time and if there is not a specific plan by that time which requires use of the tax increment funds, it will be structured so that the Agency operates from its own funds and not through loans from the City. Community Redevelopment Agency Minutes - 1-2-75 Page 2 1. LOAN FROM THE CITY COUNCIL Executive Director stated that both the Council and the Agency, in budget deliberations, will. be considering budgeting and funding sources; that at that time, the Downtown Development Advisory Commission and financial consultant proposed to be retained, will have developed cost factors and made some, long term projections; and that the consensus of discussion is that unless that is done by that time, in the future the Agency will be funded from its own proceeds. Resolution 34 was presented, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, REQUESTING A LOAN OF $221,000 FROM THE CITY OF PALM SPRINGS TO PAY BACK EXISTING CITY LOANS AND PROVIDE CASH FOR FUNDING AGENCY ADMINISTRATIVE AND OTHER COSTS. It was moved. by Garcia, seconded by Beirich, and unanimously carried, that Resolution 34 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. G D�. BLUBAUGH Secretary MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS JANUARY 15, 1975 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs, was called to order by Vice- Chairman Schlecht, in the Council Chamber, 3200 Tahquitz- McCallum Way, on Wednesday, January 15, 1975, at 7:30 p.m. , pursuant to adjournment of the Regular Council meeting of same date. ROLL CALL: Present: Messrs. Beirich, Field, Garcia, and Vice-Chairman Schlecht Absent: Chairman Foster APPROVAL OF MINUTES: It was moved by Garcia, seconded by Beirich, and carried, Foster absent, that minutes of January 2, 1975, be approved. 1. AGENCY REDEVELOPMENT FUND Executive Director reported that tax increment proceeds will begin in January, 1975, and it is necessary for the Agency to establish a fund in which such proceeds will be deposited. He recommended establishing a Redevelopment Fund and authorizing the City Treasurer to maintain said fund in the City Treasury on behalf of the Agency. He stated that all expenditures will ' require concurrence by both the City Council and the Agency. Resolution 35 was presented, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ESTABLISHING A COMMUNITY REDEVELOPMENT AGENCY REDEVELOPMENT FUND. It was moved by Beirich, seconded by Garcia, and carried, Foster absent, -that Resolution 35 be adopted. 2. GUIDELINES & PROCEDURES FOR AGENCY/COUNCIL ACTIONS Executive Director recommended that the Agency establish procedures and guidelines on certain actions, as follows: a) That interest on loans to the Agency from the City, will be paid to the City annually as of June 30. b) That purchases made on behalf of the Agency, and charged to the Redevelopment Fund, shall be subject to the City purchasing ordinance. c) That actions of the Agency pertaining to the Redevelopment Fund shall be concurred in and/or approved by the City Council. d) That annually, as of June 30, the City Treasurer will credit the Redevelopment Fund for interest earnings for the cash balance in said fund, computed on the same basis as interest revenues for other City funds. CRA c-1 CRA c-2 Community Redevelopment Agency Minutes - 1-15-75 Page 2 2. GUIDELINES & PROCEDURES (Continued) In answer to question by Mr. Schlecht, Executive Director stated that the recommendations are supported by special legal counsel retained by the Agency. Resolution 36 was presented, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ESTABLISHING PROCEDURES FOR CERTAIN ACTIVITY BETWEEN THE AGENCY AND THE CITY OF PALM SPRINGS. It was moved by Garcia, seconded by Field, and carried, Foster absent, -that Resolution :36 be adopted. 3. REDEVELOPMENT FUND BUDGET Executive Director reported that the Agency recently requested from the City a loan in the amount of $221,000 and by Resolution 36 of the Agency, it is necessary to pay on an annual basis 8`o interest on that loan; additionally, $59,000 is required to reimburse the City for advances to cover this fiscal year (Note: this covers only through June 30, 1975, and not through the calendar year 1975, as previously reported at the ,last meeting) ; that the Downtown Development Advisory Commission recommends placement of trash containers in the downtown area (33 containers at a cost of approximately $3,480). He stated that estimated tax increment proceeds to June 30, 1975 are $120,104; that estimated cash available is $185,612; that appropriations for 1974-75 total $72,794; and that the estimated unencumbered cash balance June 30, 1975, is $112,818. He recommended adopting the budget, and presented Resolution 37, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A BUDGET FOR THE COMMUNITY REDEVELOPMENT AGENCY REDEVELOPMENT FUND FOR THE FISCAL YEAR 1974-75. It was the consensus of the Council that a portion of the unencumbered cash balance be used to cover operating budget of the Agency for Fiscal 1975-76. It was moved by Garcia, seconded by Beirich, and carried, Foster absent, that Resolution 37 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. � /� DOINALD A. BLUBA[JGH Secretary MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS FEBRUARY 5, 1975 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs, was called to order by Chairman Foster, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, February 5, 1975, at 7:30 p.m. , pursuant to adjournment of the Regular Council meeting of same date. ROLL CALL: Present: Messrs. Beirich, Field, Garcia, Schlecht and Chairman Foster Absent: None APPROVAL OF MINUTES: It was moved by Field, seconded by Beirich, and unanimously carried, that the minutes of January 15, 1975, be approved. 1. TREASURER'S REPORT - Quarterly Report Ending December, 1974 Received & Ordered filed. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. // D�A. BLUBAUGH Secretary MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS FEBRUARY 19, 1975 A Regular Meeting of the Community Redevelopment: Agency, of the City of Palm Springs, was called to order by Chairman Foster, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, February 19, 1975, at 7:30 p.m. , pursuant to adjournment of the Regular Council meeting of same date. ROLL CALL: Present: Messrs. Beirich, Field, Garcia and Chairman Foster Absent: Mr. Schlecht APPROVAL OF MINUTES: It was moved by Field, seconded by Beirich, and carried, Schlecht absent, that minutes of February 5, 1975, be approved. 1. FINANCIAL CONSULTANT Assistant Secretary recommended that the Agency approve agreement with Stone & Youngberg Municipal Financing Consultants, Inc. , to provide 'Fiscal assistance in implementing the Downtown Redevelop- ment Program. He stated that a precise scope of work will be defined for each fiscal year, and the contract will not exceed the amount budgeted for any given fiscal year. Resolution 38 was presented, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING ., AGREEMENT WITH STONE & YOUNGBERG MUNICIPAL FINANCIAL CONSULTANTS, INC. FOR FISCAL CON- SULTING SERVICES IN THE DOWNTOWN REDEVELOPMENT AREA. It was moved. by Field, seconded by Beirich, and carried, Schlecht absent, that Resolution 38 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. C�..:ti,�(��✓r//ram .1v RICHARD J/ SMITII Assistant Secretary L MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS MARCH 19, 1975 A Regular Meeting of the Community Redevelopment Agency, of the City of Palm Springs, was called to order by Chairman Foster, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, March 19, 1975, at 7:30 p.m. , pursuant to adjournment of the Regular Council meeting of same date. ROLL CALL: Present: Messrs. Beirich, Field, Garcia, Schlecht and Chairman Foster APPROVAL OF MINUTES: It was...moved by Beirich, seconded by Garcia, and carried, that the minutes of February 19, 1975, be approved. 1. ADDITIONAL APPROPRIATION Executive Director recommended that Agency approve an additional appropriation of $44,000 to be used for: 1) Continuation of Pilot Project #1 2) Parking Structure #1 3) Soils test for Parking Structure He stated that it would be another 30 to 45 days before a definite recommendation would be made to the Agency regarding the Architectural firm; that any testing would be done with an Architect; and that any proposed agreement would be based on a maximum fee subject to cancellation at any time. Resolution 39 was presented, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING ADDITIONAL BUDGET FOR THE COMMUNITY REDEVELOPMENT AGENCY REDEVELOPMENT FUND FOR THE FISCAL YEAR 1974-75. It was moved by Garcia, seconded by Beirich, and carried, that Resolution 39 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. DONALD A. BLUBAUGH Secretary 056 MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY MAY 7, 1975 A Regular Meeting of the Community Redevelopment Agency, of the City of Palm Springs, was called to order by Chairman Foster, in the Council Chamber, 3200 Tahquitz••McCallum Way, on Wednesday, May 7, 1975, at 7:30 p.m. , pursuant to adjourn- ment of the Regular Council meeting of same date. ROLL CALL: Present: Messrs. Beirich, Field, Garcia, Schlecht and Chairman Foster APPROVAL OF MINUTES: It was moved by Beirich, seconded by Garcia, and unanimously carried, that the minutes of March 19, 1975, be approved. 1. TREASURER'S REPORTS - Received & Ordered Filed a) Administrative Fund) March 31, b) Redevelopment Fund ) 1975 ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. / 9 DONALD A. BL BAUGH Secretary MINUTES OF COMMUNITY REDEVELOPMENT AGENCY CITY OF FALK SPRINGS JUNE 18, 1975 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs, was called to order by Chairman Foster, in -the Council Chamber, 3200 Tahquitz McCallum Way, on ' Wednesday, June 18, 1975, at 7:30 p.m. ROLL CALL: Present: Messrs. Beirich, Field, Garcia, Schlecht and Chairman Foster Absent: None APPROVAL OF MINUTES: It was moved by Beirich, seconded by Field, and unanimously carried, that the minutes of May 7, 1975, be approved. 1. PUBLIC PARKING STRUCTURE Executive Director recommended approving agreement with Hugh M. Kaptur 8 Associates, to provide architectural assistance in the study of sites for, and the design of, a public parking structure and the recommendations for improvement of public and private property related to said structure in the downtown redevelopment area. He stated that a panel consisting of the Director of Community Development, the Redevelopment Director and Jack McFadden and Phil Abrams, reviewed nine firms which submitted proposals, and recommended the team of ' Kaptur and Conrad Engineering, for the reasons outlined in report of Director'of Community Development, dated June 18, 1975. He reviewed the proposed agreement, providing for an overall cost of $25,000. He stated that three sites will be considered, and recommendations will based on the physical constraints; ability to generate additional redevelopment; as well as businessmen to benefit to participate in financing construction. In answer to question by Council, Redevelopment Director stated that it will take approximately three months in which to develop recommendations; and that traffic circulation studies will be done by Staff during the same time frame. Councilman Schlecht abstained from discussion and •voting. Resolution 40 was presented, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AGREEMENT WITH HUGH M. KAPTUR AND ASSOCIATES FOR ARCHITECTURAL SERVICES DIRECTED TOWARD THE DESIGN OF A PUBLIC PARKING STRUCTURE IN THE DOWNTOWN REDEVELOPMENT AREA. ' It was moved by Beirich, seconded by Garcia, and carried, Schlecht abstaining, that Resolution 40 be adopted. ate Redevelopment Agency Minutes 6-18-75 Page 2 ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. ONALD A. BL Secretary n n MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY JULY 2, 1975 A Regular Meeting of the Community Redevelopment Agency was called to order by Chairman Foster, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, July 2, 1975, at ' 7:30 p.m. ROLL CALL: Present: Messrs. Beirich, Field, Garcia and Chairman Foster Absent: Mr. Schlecht APPROVAL OF MINUTES: It was moved by Field, seconded by Beirich, and carried, Schlecht absent, that the minutes of June 18, 1975, be approved. 1. REDEVELOPMENT AGENCY REDEVELOPMENT FUND Executive Director reported that, as of June 30, 1975, there is an estimated unencumbered cash balance in the Redevelopment Agency Redevelopment Fund of $66,548; that tax increment revenue during the coming fiscal year is estimated at $134,000; that Staff has proposed an administrative budget of $59,020, and an interest expense payment of $17,680; and that the estimated unencumbered cash balance at the end of the 1975-76 fiscal year is estimated at $123,848. He recommended approving -the proposed budget, and presented Resolu- tion 41, entitled: ' OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A BUDGET FOR THE COMMUNITY REDEVELOPMENT AGENCY REDEVELOPMENT FUND FOR THE FISCAL YEAR 1975-76. It was moved by Beirich, seconded by Garcia, and carried, Schlecht absent, that Resolution 41 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. / ONALD A. BLUBAUGH Secretary CRA MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY AUGUST 20, 1975 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs, was called to order by Chairman Foster, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, August 20, 1975, at 7:30 p.m. ROLL CALL: Present: Messrs. Beirich, Field, Garcia,, Schlecht and Chairman Foster Absent'. None APPROVAL OF MINUTES: It was moved by Beirich, seconded by Garcia, and unanimously carried, that the minutes of July 2, 1975, be approved. TREASURER'S REPORT - Received & Ordered Filed a) Redevelopment & CRA Administrative Funds - June 30, 1975 ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. �I NALD A. BLUBA GH Secretary I II MINU'17I8 01' CITY 01' '1'ALM GPRINGS COMMUNITY REDEVELOPMENT AGENCY NOVEMBER 5, 1975 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs, was called to order by Chairman Foster, in the Council Chamber, 3200 Tahquitz-McCallum Way„ on Wednesday, November 5, 1975, at 7:30 p.m. ROLL CALL: Present: Messrs. Beirich, Field, Garcia, Schlecht and Chairman Foster Absent: None APPROVAL OF MINUTES: It was moved by Beirich, seconded by Garcia, and unanimously carried, that the minutes of August 20, 1975, be approved. TREASURER'S REPORT - Received & Ordered Filed a) Redevelopment & CRA Administrative Funds - Sept, 1975 (First Quarter) ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. f ALD A. �� Secretary ()63 MINUTES OF CITY.,OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY NOVEMBER 19, 1975 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs, was called to order by Chairman Foster, in the Council Chamber, 3200 Tahquitz-McCallum Way, on Wednesday, November 19, 1975, at 7:30 p.m. ROLL CALL: Present: Messrs. Beirich, Field, Garcia, Schlecht and Chairman Foster Absent: None APPROVAL OF MINUTES: It was moved by Beirich, seconded by Garcia, and unanimously carried, that the minutes of November 5, 1975 be approved. 1. SOILS TEST - PARKING STRUCTURE NO. 1 Executive Director recommended approving letter agree- ment with Southern California Testing Laboratory, Inc. for soils testing in connection with studies for the feasibility of Parking Structure No. 1. He stated the proposal is on a time and material basis, at a cost not to exceed $4,300; and that the proposal is concurred in by the project architect. He also recommended amending the budget to appropriate necessary funds therefore. Resolution 42 was presented, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE COMMUNITY REDEVELOPMENT AGENCY REDEVELOPMENT FUND FOR THE 1975-76 FISCAL YEAR. and Resolution 43, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE LETTER AGREEMENT WITH SOUTHERN CALIFORNIA TESTING LABORATORY INC. FOR SOILS TEST FOR PARKING STRUCTURE NO. 1. It was moved by Garcia, seconded by Beirich, and unani- mously carried, that Resolutions 42 and 43 be adopted. ADJOURNMENT There being no further business, Chairman declared the meeting adjourned. ONALD A. SLWATJCHAVCK Secretary MINUTES OF CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY DECEMBER 3, 1975 A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs, was called to order by Chariman Foster, in the Council Chamber, 3200 Tahqui.tz-McCallum Way, on Wednesday, December 3, 1975, at 7:30 p.m. t ROLL CALL: Present: Messrs. Beirich, Field, Schlecht and Chairman Foster Absent: Mr. Garcia APPROVAL OF MINUTES: It was moved by Beirich, seconded by Field, and carried, Garcia absent, that the Minutes of November 19, 1975, he approved. 1. MARKET STUDY - DOWNTOWN REDEVELOPMENT AREA Redevelopment Director reviewed his report dated December 3, 1975, in detail, outlining recommendation that the Agency approve agreement with G. Christopher Davis for market study for the downtown area, in an amount not to exceed $14,895, and appropriate necessary funds therefore; and explaining the methods by which the consultant was selected. He stated that $5,000 has been budgeted in the Administrative Fund for the market study, and that the additional $9,395 is to cover an expanded scope of services, including an analysis of the potentials for a specialty retail complex and additional hotel markets. He noted that the study will include a computer model which has the capability of predicting alternative retail futures. In answer to question by Agency, Executive Director reported that, on this date, he met with local. repre- sentative of Daniel, Mann, Johnson & Mendenhall, developers of major retail outlets, to discuss the company's interest in determining potential in the redevelopment project area (Amado to Alejo on Palm Canyon Drive), specifically, if the Agency provides a 6-month exclusive, the company would be interested in conducting a market study similar to the proposal at a fee of $15,000; the cost of which would be absorbed by the company if they proceed with development. He stated that such an approach had previously been discussed with Stone & Youngberg, and concern was expressed that the study was being done by a vendor in the business of developing projects, and that the study might not be acceptable to other future developers should the vendor fail to proceed with development. He stated that there was no mention in discussions with DMJM relative to overall hotel development, only specialty retail. In answer to questions by Council, Redevelopment Director stated that he would suggest that should DMJM do the study, and proceed with development, the City absorb the cost, but ' if they did not build, then the company should absorb the cost. He stated it was more important for the Agency to _ have a tool to aid in future decisions relative to the potential. of the downtown area , as well as whether to oppose development in areas outside of the downtown area. He stated 'that the report and process will enable the Agency to determine what the real potential of any development is, e.g. a specialty retail, based on factors involved including increased airline capabilities and capacities; problems with fuel shortages and limited travel; whether major hotel developed 6G CRA Minutes 12-3-75 Page 2 1. MARKET STUDY (Continued) next to it would change the capacity and capability of such a specialty,y and would test the viability of a department store in terms of specialty uses. He stated that the Agency will have information to determine whether any use proposed would oversdturate the area and hurt the downtown area; as well as the ability to determine if development of hotels outside of the City pose any threat to the down- town area and whether the Agency should encourage, through the redevelopment process, 'the development of hotels in the downtown area. Following discussion, Resolution 44 was presented, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE COMMUNITY REDEVELOPMENT AGENCY REDEVELOPMENT FUND FOR THE 1975-76 FISCAL YEAR. and Resolution 45, entitled: OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AGREEMENT WITH G. CHRISTOPHER DAVIS FOR MARKET STUDY - DOWNTOWN REDEVELOPMENT AREA. It was moved by Field, seconded by Beiriph, and carried, Garcia absent, that Resolutions 44 and 45 be adopted. ADJOURNMENT There being no further, business, Chairman declared the meeting adjourned. r/� � ? //S 0 ALD BLU AUG (� Secretary