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Home My WebLink About1/1/1993 - CRA RESOLUTIONS RESOLUTION NO. 874 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE SEVENTH EXTENSION (AMENDMENT # 7)1 OF THE PERSONAL SERVICE CONTRACT WITH LARRY AND LOIS BLESI FOR THE MANAGEMENT OF THE MONTE VISTA HOTEL FOR ONE HUNDRED FORTY-EIGHT DAYS (PA#1/BLOCK 1) WHEREAS,the Community Redevelopment Agency took possession of the Monte Vista Hotel, 414 N. Palm Canyon Drive, by its action on August 9, 1988, Resolution No. 547; and WHEREAS, the Blesi°s have been performing the management services at the Monte Vista Hotel for the past thirteen months in a satisfactory manner; and WHEREAS, the Agency wishes to continue the,operation of said hostel in an orderly manner. NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of Palm Springs, California, that the Seventh Extension (Amendment # 7) of the Personal Service Contract with Larry and Lois Blesi for the management of the Monte Vista Hotel for the period commencing September 6, 1992, and ending January 31, 1993, thereafter authorizing the Executive Director to approve the contract extension on a month-to-month basis, a copy of said amendment on file in the office of the City Clerk, is hereby approved. ADOPTED this 20th day of January 1993. AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OFTHE CITY OF PALM SPRINGS, CALIFORNIA By L t/ow �—A'ssistant Secretary C airman REVIEWED & APPROVED: RESOLUTION NO. 875 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ACCEPTING A $90, 600 LOAN FROM THE WASTEWATER FUND TO THE RAMON/BOGIE PROJECT AREA TO PAY FOR THE ENVIRONMENTAL SITE ASSESSMENT AND GEOTECHNICAL STUDY FOR THE RAMON/GENE AUTRY INACTIVE LAND FILL. -------------- WHEREAS the Community Redevelopment Agency of the City of Palm Springs, California wishes to enter into a contract to have the above environmental assessment performed; and WHEREAS the cost of the contract is estimated not to exceed $90,600. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California, as follows: Section 1. Accepts a $90, 600 loan from the Wastewater Fund to the Community Redevelopment/Agency of the City of Palm Springs, California, at 5% annual interest. The allocation shall be a loan to the Agency and shall constitute an indebtedness of 'the Agency, within the meaning of Division 24 of the Health and Safety Code, Article 6, Chapter 6, of the California Redevelopment Law. Section 2. That the Agency approve a contract. with Leighton & ' Associates for consulting services to prepare a combined Environmental Site Assessment for potential hazardous materials/waste contamination and Preliminary Geotechnical Investigation in an amount not to exceed $90,600, in a form acceptable to the City Attorney and that proceeds of the loan will be used to pay for the contract to perform the above described environmental assessment. ADOPTED THIS 3rd day of February , 1993 AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf & Mayor Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA Assistant Secretary Chairman REVIEWED & APPROVED RESOLUTION NO. 876 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1992-93 FISCAL YEAR. WHEREAS Resolution 17894„ approving the budget for the fiscal year was adopted on June 23 , 1992; and WHEREAS the City Manager has recommended, and the City Council desires to approve, certain amendments to said budget. NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record inter—fund cash transfers as required in accordance with this Resolution, and that Resolution 17894 adopting the budget for the 1992-93 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 814 0183 7528 $90,600 TITLE: Community Capital Inactive Landfill Redevelopment Projects ' Study Purpose: To provide funds For environmental site assessment and geotechnical study for Ramon/Gene Autry inactive landfill . SECTION 2; SOURCE Open term loan from Wastewater Treatment Plant Fund, to be repaid along with 5% annual interest: rate from future tax increment from Ramon/Bogie CRA ro 'ect area (Fund 844 _ FUND ACTIVITY ACCOUNT AMOUNT No. 342 116 $90,600 ITLE: Wastewater Redevelopment Treatment Plant Loans Receivable Adopted this 3rd _ day of February____, 19 93 AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf & Mayor Maryanov NOES: None ABSENT:None �PrT ST CITY C,7,4PALM: SPRINGS, CALIFORNIA Assistant Secretary Chairman REVIEWED &APPROVED �ry� j RESOLUTION NO. 877 OF THE REDEVELOPMENT AGENCY OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE EXECUTIVE DIRECTOR TO ENTER INTO AN AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY AND ESCROW INSTRUCTIONS. ' WHEREAS, on July 31 1991, the Agency entered into an exclusive Agreement to Negotiate and a Right of Entry Agreement with Desert Hospital Corporation in connection with acquisition of real property needed for the expansion of the Hospital; and WHEREAS, through negotiations a settlement has been reached with the property owner; and WHEREAS, pursuant to a prior agreement, the Agency will transfer said property to Desert Hospital. NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City Council of the City of Palm Springs as follows: Section 1. That the Agency authorizes the Executive Director to enter into an Agreement for the Purchase and Sale of Real Property and Escrow Instructions with Desert Hospital, in a form approved by the City Attorney. Section 2 . That the Executive Director is authorized to sign all documents necessary to close escrow. ' Section 3. That the Assistant Secretary is hereby authorized and directed to accept the Agreement for the Purchase and Sale of Real Property and Escrow Instructions on behalf of the Agency, making any necessary arrangements for recordation. ADOPTED this 3rd . day of February , 1993 . AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf & Mayor Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY WCITF PALM SPRINGS, CALIFORNIA Agsa'stant Secretary Chahrm n REVIEWED & APPROVED 1 C RESOLUTION NO. 878 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE SECOND AMENDMENT TO THE OWNER PARTICIPATION AGREEMENT BETWEEN THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS AND PALOS VERDES VILLAS, FOR THE DEVELOPMENT OF A 98-UNIT RESIDENTIAL APARTMENT COMPLEX WITHIN THE NORTH PALM CANYON PROJECT AREA. ------------------- WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ("Agency") is engaged in activities necessary to execute and implement the Redevelopment Plan for the: North Palm Canyon Redevelopment Project Area, which was adopted by Ordinance No. 1227 of the City Council of the City of Palm Springs, on September 19, 1984; and WHEREAS, by Resolution No. 849 on February 19, 1992, the Agency approved an Owner Participation Agreement between the Agency and Palos Verdes Villas, Inc. ("OPA") for the development of a 98-unit apartment complex and setting aside 20 units for the persons of low income; and WHEREAS, the Agency has reviewed and considered a Second Amendment to the OPA ("Amendment") , which modifies the Schedule of Performance to provide for an extension of items 5 & 6 to July 1, 1993; and WHEREAS, in order to effectuate the purposes of the OPA and the redevelopment of the project area and, in particular, the Project Site, the Agency has determined :that it is of benefit to the project area to extend the Schedule of Performance of the OPA. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows:, SECTION 1. The Agency hereby determines that: the Project, as modified by the Second Amendment to the OPA, is of benefit to the project area and is necessary to effectuate the purposes of the Redevelopment Plan. SECTION 2. The Agency agrees to extend the date for satisfaction of all conditions in the Schedule of Performance of the OPA to July 1, 1993 . SECTION 3 . The Second Amendment to the OPA is hereby approved, in a form acceptable to the City Attorney. SECTION 4. The Executive Director of the .Agency is hereby authorized to execute the Second Amendment to the OPA. ADOPTED this 3rd day of March , 1993. ,AYES, Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: None ATTEST: COI4IUNITY REDEVELOPMENT AGENCY CIT F PALM SPRINGS, CALIFORNIA ByC �� Assistant Secretary Cha rman REVIEWED & APPROVED __ __ RESOLUTION NO. 879 A RESOLUTION OF THE COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT REGARDING COLLECTION AND REMITTANCE OF TRANSIENT OCCUPANY TAXES ' WHEREAS, the Agua Caliente Development Authority ("ACDA") has assumed responsibility for the operation and maintenance of the Spa Hotel ; and WHEREAS, questions have arisen regarding the responsibility and obligation of the ACDA regarding collection and remittance of transient occupany taxes imposed by the City or Community Redevelopment Agency in connection with transient occupancies at the Spa Hotel ; and WHEREAS, negotiations between Agency staff and representatives of the Agua Caliente Band of Cahuilla Indians ("Tribe") have resulted in agreement in terms whereby transient occupancy taxes from the Spa Hotel will be collected and remitted to the City or Agency, and certain percentages thereof be reimbursed to the ACDA; and WHEREAS, the Agency has reviewed all the material terms of this Agreement, and now wishes to 'indicate its acceptance and authorize execution of same, NOW, THEREFORE, THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The "Agreement Regarding Collection and Remittance of Transient Occupancy Taxes" with the Agua Caliente ' Development Authority, as on file with the City Clerk, is hereby approved in its entirety. Section 2. The Chairman and Secretary are hereby authorized by the Community Redevelopment Agency to execute the Agreement on the Agency's behalf. ADOPTED this 17th day of March, 1993. AYES: Members Hodges, Lyons, Reller-Spurgin and Chairman Maryanov NOES: None ABSENT: Member Schlendorf ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA �. B ✓� e y _«. Ljd�f�rti1 ub �fti,-Z��,cv��riF Assistant Secretary `Cha`irman REVIEWED & APPROVED: J RESOLUTION NO. 880 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE DISPOSITION AND DEVELOPMENT AGREEMENT WITH GERALD WAYNE WANTLAND AND HERBERT JAMES LANE WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ( "Agency" ) is constituted under the Community Redevelopment Law (California Health. and Safety Code Section 33000 et seq. ) to carry out the purposes of redevelopment in the City of Palm Springs (the "City" ) ; and WHEREAS, on May 23 , 1973 by Ordinance No. 952, the City Council of the City of Palm Springs approved and adopted a Redevelopment Plan for the Central Business District Project Area (the "Plan" ) ; and WHEREAS, Agency staff has negotiated an Owner Participation Agreement (the "Agreement- " ) with Gerald Wayne Wantland as Trustee of the Gerald Wayne Wantland Revocable Trust and Herbert James Lane as Trustee of the Herbert James Lane Revocable Trust (collectively "Developer" ) pursuant to which Agency is to sell Developer certain real property within the Project Area consisting of approximately 6, 508 .50 square feet and Developer is to -redevelop the property and operate the Village Florist Gift Shoppe thereon for a minimum of five years, which project is consistent with the Plan, the General Plan of the City, and City' s zoning, and which Project will help expand and diversify the City' s economic base; and WHEREAS, notice of a public hearing concerning the Agreement was published in accordance with applicable law; and WHEREAS, on April 7, 1 1993 , the Agency and City Council held a joint public hearing concerning the Agreement; and WHEREAS, the Agency has considered the Agency Summary Report prepared pursuant to Health & Sa_fety Code Section 33433 , the Staff Report, and all the information, testimony and evidence provided during the joint public hearing on April 7, , 1993 ; NOW THEREFORE BE IT RESOLVED by the Agency of the City of Palm Springs, as follows : Section 1 . That the above recitals are true and correct and incorporated herein. Section 2 . That the Agency does hereby find and determine as follows : A. The Agreement effectuates the purposes of the Plan and is in the highest and best o interests of the City of Palm Springs and that the Agreement is intended to result in the development and revitalization of a portion of the City which will help expand and diversify the City' s economic base . FS2\178\014084-0006\2040740.1 03/29/93 Resolution No. 880 Page 2 S. The Agreement effectuates the purposes of the Community Redevelopment Law by reversing or alleviating any serious physical, social and economic burden on the Community which cannot reasonably be expected to be reversed or alleviated by private enterprise acting alone, in that the purpose of the existing Agreement is to facilitate the redevelopment and operation of a commercial/retail building in order to maintain existing sales tax revenue and attract additional commercial development within the City and increase the City' s tax base. C. The Agreement effectuates the purposes of the Community Redevelopment Law as it is intended to eliminate blight and promote the health, safety, and general welfare of the people of Palm Springs . D. The Agreement effectuates the purposes of the Community Redevelopment Law as the existing agreement is intended to remedy inadequate improvements and facilities which cannot be remedied by private or governmental action without redevelopment . ' E. It has been determined that the property is being sold for fair market value for the reasons set forth in the Agency Summary Report incorporated herein by this reference. However, to the extent it is determined that the property conveyance described in the Agreement is conveyed at less than estimated value, determined at the highest use permitted under the Plan, such conveyance at lesser consideration is necessary to effectuate the purposes of the Plan for the reasons set forth in A-D above. Section 3 . The Agreement is hereby approved and incorporated herein by this reference. Section 4 . Agency staff is hereby authorized and directed to take any appropriate action consistent with the purposes of this Resolution. Section 5 . The Executive Director is hereby authorized to execute on behalf of the Agency the Agreement and all other documents necessary to effectuate the Agreement in a form approved by the City Attorney. C FS2\I78\014084-0006\2040740.1 03/29/93 Resolution No. 880 Page 3 ADOPTED this 7th day of April 1993 . AYES : Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES : None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS Assistant Secretar""'y Chaifmafi REVIEWED & APPROVED �V IJ- _ (to be initialed. by Dept Heads & City Atty) O FS2\178\014084-0006\2040740.1 03/29/93 RESOLUTION NO. 881 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, EXPRESSING THE OPPOSITION OF THE AGENCY TO THE DIVERSION OR REDUCTION OF LOCAL PROPERTY TAXES AND OTHER FUNDS BY THE STATE OF CALIFORNIA WHEREAS the future financial health and the economic recovery of the State of California are directly related to the financial health of California cities; and WHEREAS the State Legislature and Governor, as part of the effort to fund school districts and balance the 1992-1993 fiscal year State budget, took certain actions highly detrimental to the ability of local governments to provide needed public services; and WHEREAS, as a :result of the actions of the State taken for the 1992-93 fiscal year, redevelopment agencies, including the Community Redevelopment Agency of the City of Palm Springs ("Agency") , have been ordered to transfer to the State a significant portion of the local tax increment funds needed for redevelopment activities in the community; and WHEREAS, as a result of the State Is action, the Agency has proposed to reduce its available funds for needed redevelopment projects by approximately $777,000 for Fiscal Year 1992-93 and to transfer that amount to the State; and ' WHEREAS, under the laws adopted by the State for the 1992-93 fiscal year, if a redevelopment agency is unable or fails to transfer the required amount to the State, the State requires the county auditor to take the funds from the citv's property tax allocation, even though cities are separate public entities; and WHEREAS, the Governor has now proposed as part of the contemplated State budget for the 1993-94 fiscal year, a budget which again, and even more dramatically, reduces local governmental funds by again ordering local governments to transfer millions of dollars to the State; and WHEREAS the effect of the Governor's proposed budget on the Agency would be a further reduction in Agency funds in the approximate amount of $1.2 million, thereby significantly and detrimentally reducing the ability of the Agency to carry out needed redevelopment activities; and WHEREAS the actions taken by the State last year and now again as proposed by the Governor, including diverting to the State local tax revenues, are highly detrimental to cities and seriously jeopardize the ability of local governments to provide basic police, fire, and other public services. NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency ' of the City of Palm Springs, as follows: Section 1. That the Community Redevelopment Agency of the City of Palm Springs opposes any further diversion or reduction of local funds, including tax increment funds, and calls for complete review of financing of government in California. Res. No. 881 Pagel. Section 2 . That the Community Redevelopment Agency of the City of Palm Springs opposes the forced transfer of local property tax and other revenues to the State under existing law and as proposed by the Governor for the - 1993-94 fiscal year, and calls on the State Legislature and Governor to preserve the financial. health and viability of local governments and the ability of cities and redevelopment agencies to meet their responsibilities to provide for the public health, safety, and welfare.. ADOPTED THIS _ 21st day of April , 1993 . AYES: Members Hodges, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: Member Lyons ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS By- , � / GGv Assistant Secretary /Ch�'irman REVIEWED AND APPROVED _ L s�— RESOLUTION NO. 882 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1992-93 FISCAL YEAR. WHEREAS Resolution 864 approving the budget for the fiscal year 1992-93 was adopted on June 17, 1992; and WHEREAS the Executive Director has recommended, and the Agency desires to approve, certain amendments to said budget; NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 864, adopting the budget for the 1992-93 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. See Attached Title: ' Purpose: ERAF Payment SECTION 2 . SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. Title: See Attached Adopted this 5th day of May 1993 . AYES: Members Lyons, Reller-Spurgin and Mayor Maryanov NOES: Members Hodges and Schlendorf ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS By Secretary r Chairman REVIEWED AND APPROVED Q -- a - � ERAF PROJECTS TO BE DISAPPROPRIATED TO COVER ERAF PAYMENT AND CASH DEFICITS DISAPPROPRIATION 811-180-7719 LA MIRAGE PARKING LOT', 3,778.00 811-180-7649 INDIAN CANYON LIGHTING 280,000.00 813-182-7729 MCKINNEY ACQUISITION 20,000.00 816-185-7286 SIDEWALKS 8,CURB IMPROVEMENT 2,353.00 816-185-7287 PROPERTY UPGRADE 37,977.00 816-185-7317 CASA DEL CAMINO LOAN 10,000.00 816-185-7844 SUNRISE MOBILE HOME WALL 49,286.21 617-186-7289 VACANT LOT CLEANUP 27,300.00 817-186-7290 PUBLIC RIGHT OF WAY 5,304.00 818-187-7293 STREET IMPROVEMENTS 237,970.00 819-188-7626 111/GENE AUTRY PROJECT 9,586.00 683,554.21 OFFSETTING REVENUE 811-3701 SALE OF MORRISON PROPERTY 100,000.00 FUND BALANCE 813-301 FUND BALANCE _ 50,000.00 TOTAL AVAILABLE* 833,554.21 APPROPRIATION TO COVER ERAF PAYMENT 811-180-4385 ERAF PAYMENT 357,778.00 813-182-4385 ERAF PAYMENT 70,000.00 816-185-4385 ERAF PAYMENT 99,616.00 817-186-4385 ERAF PAYMENT 32,604.00 818-187-4385 ERAF PAYMENT _ 217,385.00 TOTAL AMOUNT TO APPROPRIATE 777,383.00 EXCESS OF TOTAL FUNDS AVAILABLE OVER AMOUNT NEEDED FOR ERAF PAYMENT WILL COVER REVENUE SHORTFALL IN VARIOUS % PROJECT AREAS RESOLUTION NO. 883 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING BUDGETS FOR PALM SPRINGS UNIFIED SCHOOL DISTRICT, COLLEGE OF THE DESERT AND RIVERSIDE COUNTY SUPERINTENDENT OF SCHOOLS IMPROVEMENTS AND FINDING THAT SAID IMPROVEMENTS ARE OF BENEFIT TO THE BARISTO-FARRELL AND AREA NUMBER 9 REDEVELOPMENT PROJECT AREAS. WHEREAS the Community Redevelopment Agency of the City of Palm Springs and the Palm Springs Unified School District, College of the Desert and Riverside County Superintendent of Schools ("Agencies") entered into agreements to allocate certain funds from the Baristo-Farrell and Area Number 9 Redevelopment Project Areas to construct certain eligible capital improvements to facilities which benefit the areas; and WHEREAS pursuant to these agreements, the Agencies have submitted budgets for fiscal year 1992/93 for the following: Project Area Agency Baristo-Farrell No. 9 Palm Springs Unified $77, 195 $46, 066 College of the Desert 22, 034 13, 149 County Superintendent 11, 987 0 ' WHEREAS the proposed budgets are eligible expenditures as outline in the agreements. NOW THEREFORE be it resolved that the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve the following: SECTION 1. The proposed budgets submitted by the Agencies are hereby approved. SECTION 2 . The proposed improvements identified in the proposed budgets are hereby found to be of benefit to the Baristo-Farrell and Area Number 9 Redevelopment Project Areas and its residents and businesses. ADOPTED this 5th day of May , 1993 AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF EAItM SPRINGS, CALIFORNIA By: \- ssistant Secretary —� Chairman REVIEWED AND APPROVED: a�w- 1iM:CA)XJMVA.WFV9 3%RB5 c �� -b- 7 RESOLUTION NO. 884 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ADOPTING A POLICY REQUIRING A DEPOSIT BY DEVELOPERS FOR PRE-DEVELOPMENT COSTS. WHEREAS, the Community Redevelopment Agency routinely receives proposals from developers for the construction/rehabilitation of commercial, industrial, and housing projects both inside and outside the redevelopment project areas; and WHEREAS, pre-development costs in the form of financial analysis of proformas, project analysis and legal costs are often incurred prior to the signing of an agreement on the project; and WHEREAS, said pre-development costs shall as a poEcy be borne by the developer; NOW THEREFORE BE IT 13ESOLVED by the Redevelopment Agency of the City of Palm Springs as follows: Section 1 . Unless otherwise authorized by the Agency Board, developers submitting proposals to the Agency contemplating financial assistance on the part of the Agency shall be asked to make a monetary deposit into an Agency account for the purpose of paying pre-development costs. Section 2. Exceptions to this policy may be made in the case of a non-profit corporation proposing the development or redevelopment of a housing project. Section 3. The amount of deposit shall be based on estimated pre-development costs, on a case by case basis, as determined by the Executive Director. ADOPTED this 19th day of May , 1993. AYES: Members [lodges, Lyons, Reller-Spurgin, Schlendorf and (Chairman Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OFt /PALM SPRINGS assistant Secretary Chairman f REVIEWED & APPROVED ` J RESOLUTION NO. 885 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE EXECUTION OF CERTAIN DOCUMENTS RELATING TO THE COYOTE RUN APARTMENTS PROJECT WHEREAS, on January 2, 1991, the City of Palm Springs and the Community Redevelopment Agency of the City of Palm Springs, California entered into a Disposition and Development Agreement with the Coachella Valley Housing Coalition ( "CVHC" ) pursuant to which the City conveyed to the Agency and the Agency simultaneously conveyed to CVHC certain real property for the development and operation of a one hundred forty (140) unit affordable housing complex (the "Project") ; and WHEREAS, the DDA was amended as of May 9, 1991 and amended again as of December 19, 1991; and WHEREAS, the second amendment to the DDA provided, among other things, for CVHC to lease the property to Coyote Springs Apartments Associates (the "Partnership") and for the Partnership to operate the Project; and WHEREAS, the construction of the Project has been completed and is fully occupied; and WHEREAS, Mission Housing Investments ( "MHI" ) , who plans to become the investor limited partner of the Partnership, has requested that certain revisions be made to the Regulatory Agreement and Declaration of Covenants and Restrictions ( "Regulatory Agreement") recorded against the property pursuant to the terms of the DDA; and ' WHEREAS, MHI has also requested that the Agency execute a Non- Disturbance and Attornment Agreement so that the Agency may not terminate the lease between CVHC and Coyote Springs if the Agency enforces its right of reverter contained in the Regulatory Agreement against CVHC if the Partnership has not committed a default under the Regulatory Agreement; and WHEREAS, MHI has also requested that the Agency execute, prior to MHI becoming a limited partner of the Partnership, an Estoppel Certificate stating, among other things, that there are no known defaults under the DDA and Regulatory Agreement; and WHEREAS, the Regulatory Agreement must be amended due to the fact that the City has approved a lot line adjustment for the property enlarging the area of the land subject to the Regulatory Agreement and to allow for the construction of a day care facility on the property; and WHEREAS, the Agency has previously agreed to execute a Subordination Agreement subordinating the lien of the Regulatory Agreement and certain other documents under the DDA to the lien of CVHC' s and to Partnership' s permanent financing for the project. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California as follows: SECTION 1. The Agency hereby approves the First Amendment to Regulatory Agreement and Declaration of Covenants and Restrictions ( "Amendment to Regulatory Agreement" ) , the Non-Disturbance and Attornment Agreement ( "Non-Disturbance Agreement") , the Estoppel Certificate and the Subordination Agreement in substantially the forms on file with the Secretary, together with any additions thereto or changes therein deemed necessary or advisable by the City Attorney, The Chairman is hereby authorized to execute and deliver said documents in J7 the name and on behalf of the Agency. The Agency R885 Page 2 cue_ `{ hereby authorizes the delivery and performance of said documents; provided that: the provision set forth in Section 2 and 3 are satisfied. SECTION 2 . The effectiveness of the Amendment to Regulatory Agreement, Non-Disturbance Agreement and Estoppel Certificate shall be conditioned upon CVHC and Coyote Springs executing an amendment to the lease in the form the First Amended and Restated Ground Lease in substantially the form on file with the Secretary, together with any additions thereto or changes therein deemed necessary or advisable by the City Attorney. SECTION 3 . The effectiveness of the Subordination Agreement shall be conditioned upon the execution by CVHC and/or the Partnership of permanent financing loan documents in substantially the form on file with the Secretary, together with any additions thereto or changes therein deemed necessary or advisable by the City Attorney. SECTION 4 . Any resolutions of the Agency adopted prior to this Resolution are, to the extent they are inconsistent or in conflict with this Resolution, hereby repealed and rescinded. SECTION 5 . This Resolution shall take effect and be in force immediately upon its adoption. SECTION 6 . All actions heretofore taken by the officers and agents of the Agency with respect to the foregoing documents and agreements are hereby approved, confirmed and ratified. The Executive Director, the Chairman, the Vice Chairman, City Attorney and any and all other officers of the Agency are hereby authorized and directed, for and :in the name and on behalf of the Agency, to do any and all things and take any and all actions, including execution and delivery of any and, all assignments, certificates, requisitions, agreements, notices, consents, instruments of conveyance and other documents, which they, or any of them,, may deem necessary or advisable to consummate the foregoing transactions . ADOPTED this 16th day of June -L993 . AYES: Members Hodges, Lyons, Reller-Spurgin, Sc:hlendorf and Mayor Maryanov NOES: None ABSENT: None ATTEST: THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, a public body, corporate and politic Assistant Secretary -Cihairmah-= REVIEWED AND APPROVED RESOLUTION NO. 886 OF THE REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE GRANTING OF AN EASEMENT TO SOUTHERN CALIFORNIA EDISON COMPANY OVER A 5 FT. STRIP KNOWN AS LOT C OF APN 677-420-019 1 - - - - - - - - - - WHEREAS, the Redevelopment Agency is the owner of the 5 foot strip known as Lot C along the northeast corner of Gene Autry Trail and Ramon Road; and WHEREAS, the Southern California Edison Company has requested the Agency grant an easement for the installation of utility lines along said 5 ft. strip. The location of said easement being more particularly described in the Grant of Easement document and shown on the plat attached hereto; and WHEREAS, granting the easement requested by the Edison Company will not interfere with the future improvements of the site and will be in the best interest of the Agency. NOW THEREFORE BE IT RESOLVED by the Redevelopment Agency of the City of Palm Springs, as follows: Section 1. That an easement to Southern California Edison for the installation of utility lines within Lot C of Parcel 1, of Parcel Map 18787, in the form as on file in the office of the City Clerk, is hereby approved. Section 2. The Executive Director is hereby authorized to execute said Grant of ' Easement on behalf of the Redevelopment Agency of the City of Palm Springs in a form approved by the Agency Counsel and including the condition that the easement can be terminated by the Agency without compensation. Section 3. The Assistant Secretary is hereby authorized to record said Grant of Easement in the office of the County Recorder of Riverside County. Adopted this 16th day of June , 1993. AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov NOES: None ABSENT: None By Assi'stant Secretary u a rman REVIEWED & APPROVED: TRWREDI ''' 1-800-345-7334 2�-63-3 677-42 29 '/ T.C.A. l9CC, 19C6 POR. S2 SEC /7 T. 4 S.R. E. OB-017 <SSESSNSNT pUFP°SES ONLY 0 -. MC CALLUM WAY A 39 J J S>r,.fri5 •V /5'.•-E�/ iFLG°� ECN r) u •` Z ! q,� 1v253 9/EJ E78 I s.i+ >J—asr d 294/nrc .� SEE SEE V!a 4-3 MPJ i :4AP 44 - ==P.. >-/:. `(,�EE.-=- l4� 3+2 1 ••- � HPIL fd F ®-t e Imo"'+3$ i Psi! ••••+- 2 E80 £� c<re Ps /</e2 PM 9153- Pcze!Mo,- 1'678 l7 ve a/<c-•< PF1!35/5355 •• ;97B7 ASSESSORS NAP Be'.677 PS 42 OEC 068 P.vERAOE COWTY, CA,/F l'' RESOLUTION NO. 887 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA APPROVING A SETTLEMENT AGREEMENT WITH LOUISE'S PANTRY, INC. ' IN SETTLEMENT OF SUPERIOR COURT, RIVERSIDE COUNTY CASE NO. I-67908 WHEREAS, the roof, air-conditioning and related equipment of Louise's Pantry Restaurant at 124 S. Palm Canyon Drive was damaged by Wessman Development Company while constructing the adjacent Plaza De Las Flores project in about July, 1991; and WHEREAS, a Settlement Agreement has been reached between Louise's Pantry, Inc. and the Community Redevelopment Agency (CRA); and WHEREAS, said Settlement Agreement authorizes the Community Redevelopment Agency and the City to proceed with the repair work at Louise's Pantry Restaurant; NOW THEREFORE BE IT RESOLVED by the Redevelopment Agency of the City of Palm Springs as follows: Section 1: A Settlement Agreement is hereby approved between the Community Redevelopment Agency and Louise's Pantry, Inc. Section 2: The Community Redevelopment Agency and the City of Palm ' Springs is authorized to proceed with the repair work under contract with the local General Contractor (M. Kassinger Construction, Inc.), City Project No. 93-23. ADOPTED this 16th day of June 1993. AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF T: CITY OF PALM SPRINGS Assistant Secretary Chairman REVIEWED & APPROVED ` L RESOLUTION NO. 888 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ACCEPTING A $400, 000 LOAN FROM THE WASTEWATER FUND TO THE CANYON DEVELOPMENT PROJECT AREA (PA #10) TO ' FUND COSTS OF FORMATION - — WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, California, has and will incur expenses in the Canyon Development Project Area for the costs of formation; and WHEREAS $400, 000 has been requested by the Community Redevelopment Agency to cover these costs. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California, as follows: Section 1. Accepts a $400, 000 loan from the Wastewater Fund to the Community Redevelopment Agency of the City of Palm Springs, California, at 6% interest. The allocation shall be a loan to the Agency and shall constitute an indebtedness of the Agency, within the meaning of Division 24 of the Health and Safety Code, Article 6, Chapter 6, of the California Redevelopment Law and repayable when tax increment from the redevelopment project warrants. ' Section 2 . That proceeds of the loan will be utilized to cover the costs of formation of the Canyon Development Project Area. The loan is to be repaid from tax increment. ADOPTED this 22nd day of June 1993 AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF r PALM SPRINGS, CALIFORNIA By As istant Secretary Chairman REVIEWED & APPROVED 1 RESOLUTION NO. 889 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1992-93 FISCAL YEAR. WHEREAS Resolution 864 approving the budget for the fiscal year 1992-93 was adopted on June 17, 1992; and WHEREAS the Executive Director has recommended, and the Agency desires to approve, certain amendments to said budget; NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 864, adopting the budget for the 1992-93 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. See attLactn•d Title: Purpose. To provide appropriations to properly charge the expenses of Project Area #10 SECTION 2 . SOURCE Loan from Wastewater Fund FUND ACTIVITY ACCOUNT AMOUNT No. 342 302 $400, 000 Title: Wastewater Retained Earnings Adopted this 22nd day of June _ . 19 93 , AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY J OF THE/CJTY OF PALM SPRINGS By 6c� Secretary chairman REVIEWED AND APPROVED IG APPROPRIATION OF 92-93 BUDGET �A�► ' �_ Z FOR CRA PROJECT AREA#10 ' 820-191-5002 ADMIN SERVICE CHARGE 5,269 820-191-5010 CRA ADMIN SERVICE CHARGE 26,008 820-194-7811 CANYON PROJECT LEGAL FEES 150,000 850-191-7292 SCHOOL REHAB PASS-THRU 34,570 850-191-7393 COLLEGE OF THE DESERT PASS-THRU 9,868 850-191-7670 RIVERSIDE COUNTY ADMIN FEE 4,960 850-191-7761 MOSQUITO ABATEMENT PASS-THRU 3,591 850-191-7762 CEMETARY DISTRICT PASS THRU 410 850-191-7767 DESERT WATER AGENCY PASS-THRU 36,415 850-191-7799 LOW/MOD HOUSING PASS-THRU 70,669 TOTAL 341,760 j RESOLUTION NO. 890 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE ` CITY OF PALM SPRINGS, CALIFORNIA, A14ENDING THE BUDGET FOR THE 1992-93 FISCAL YEAR. WHEREAS Resolution 864 approving the budget for the fiscal year 1992-93 was adopted on June 17, 1992; and WHEREAS the Executive Director has recommended, and the Agency desires to approve, certain amendments to said budget; NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 864, adopting the budget for the 1992-93 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. Title: See Ettached I To reallocate the General Fund Administrative Service Purpose: charge and the CRA Administrative charge to account for the allocation to Project Area #10 . 'The total allocation of charges remain the same SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. Title: See zttached Adopted this 22nd day of June 19 93 . AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THCfiTY OF PALM SPRINGS By Chairman �y Secretary REVIEWED AND APPROVED / L R890 Page 2 REDISTRIBUTION OF CRA ADMINISTRATIVE CHARGES BASED ON PERCENTAGE OF TAX INCREMENT FOR THE REDEVELOPMENT AREAS FOR 92-93 PERCENT CURRENTAM SHOULD BE INC/(DEC) 811-180-5010 0.24161 61,560 96,644 35,084 812-181-5010 0.15760 147,840 63,040 (84,800) 813-182-5010 0.03108 28,360 12,432 (15,928) 814-183-5010 0.02621 13,400 10,484 (2,916) 815-184-5010 0.00590 2,040 2,360 320 816-185-5010 0.04493 25,240 17,972 (7,268) 817-816-5010 0.01378 3,080 5,512 2,432 818-187-5010 0.13348 62,880 53,392 (9,488) 819-188-5010 0.08768 4,120 35,072 30,952 820-19,1-5010 0.06522 0 26,088 26,088 902-181-5010 0.19251 51,480 77,004 25,524 400,000 400,000 400,000 i 1 R890 Page 3 ADMIN REDISTRIBUTION OF ADMINISTRATIVE CHARGES BASED ON PERCENTAGE OF TAX INCREMENT FOR REDEVELOPMENT AREAS FOR92-93 PERCENT CURRENT AM SHOULD BE INC/(DEC) 811-180-5002 0.24161 33,069 19,520 (13,549) 812-181-5002 0.15760 13,681 12,733 (948) 813-182-5002 0.03108 4,270 2,511 (1,759) 814-183-5002 0.02621 1,537 2,118 581 815-184-5002 0.00590 538 477 (61) 816-185-5002 0.04493 3,988 3,630 (358) 817-186-5002 0.01378 1,626 1,113 (513) 818-187-5002 0.13348 7,388 10,784 3,396 819-188-5002 0.08768 2,081 7,084 5,003 820-191-5002 0.06522 0 5,269 5,269 902-181-5002 0.19251 12,614 15,553 2,939 80,792 80,792 80,792 RESOLUTION NO. §91 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING CONTINUING APPROPRIATIONS FROM FISCAL YEAR 1992-93 TO THE FISCAL YEAR 1993-94. WHEREAS the Community Redevelopment Agency of the city of Palm Springs has adopted a budget for the 1992-93 fiscal year; and WHEREAS certain projects budgeted in the 1992-93 fiscal year budget have been started but not completed; and WHEREAS" the unencumbered balances of those certain appropriations are necessary for completion of the projects; NOW THEREFORE BE IT RESOLVED that the Community Redevelopment Agency of the City of Palm Springs hereby authorizes the carrying forward to the nearest dollar, as continuing appropriations into the 1993-94 fiscal year, the amount indicated or the final audited unencumbered balances, which is the lesser amount, as of June 30, 1993 of the following accounts: ACCOUNT NO. ACCOUNT TITLE AMOUNT 811-0180-7260 Morrison Bldg. 3,576 811-0180-7669 Downtown Ste/Sidewks/Pkg 91,276 811-0189-4353 Contractual Legal Services 50,000 811-0190-7798 Palm Canyon Traffic Signal 7,465 813-0182-7278 Belardo Road Bridge 97,737 813-0182-7840 Tahquitz Cny Interpretive Ctr 50,000 814-0183-7528 Inactive Land Fill Study 90,600 816-0135-7790 Desert Hospital-DDA 1,197 818-0187-7397 Alpha Beta Center 100,000 818-0137-7573 Flood Control 52,687 902-0181-7297 Operation Paint Brush 47,541 902-0181-7398 Housing Bond Issue 33,368 902-0181-7467 Housing Renovation 509,934 902-0181-7468 Housing & Econ. Rehabilitation 15,000 902-0131-7639 Desert Highland New Construction 75,000 902-0181-7720 Down Payment Assistance 48,459 902-0181-7727 Multifamily Construction 449,094 902-0181-7728 Relocation Assistance 20,000 902-0181-7850 Vista Chino Manor 78,047 902-0181-7851 Bullocks Wilshire Site 72,513 921-0180-7609 Plaza Theatre Renovation 64,617 1,958,111 All appropriations approved subsequent to passage of this resolution, but prior to the end of the 1992-93 fiscal year. ADOPTED this 23rd day of June , 1993. AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS By Gv.n Secretary Chairman REVIEWED & APPROVED CrQ-- RESOLUTION NO. 892 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 1993-94 WHEREAS a budget for the fiscal year 1993794 has been prepared by the Community Redevelopment Agency Redevelopment Director and the Agency Treasurer; and WHEREAS the Community Redevelopment Agency has examined said budget and conferred with the Community Redevelopment Agency Director; and WHEREAS the Community Redevelopment Agency, after due deliberation and consideration, agrees with the budget recommended, including the Community Redevelopment Agency Administrative Fund ,budget, NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. That the budget in the amount of $7,498,573 be approved for the following purposes: Administration & Pass Thru'e & Capital Projects Debt Service Central Business District $310,641 $1,475,266 Tahquitz Andreae 184,692 1,390,231 South Palm Canyon 21,877 190,743 Ramon Bogie 17,943 370,267 oasis 5,916 116,940 North Palm Canyon 26,803 233,264 Highland Gateway 14,719 29,951 Baristo Farrell 58,308 960,612 Project Area No. 9 42,013 288,554 Project Area No. 10 23,205 244,432 Low & Moderate Income Housing 816,911 426,386 Plaza Theater 248,899 -0- $1,771,927 $5,726,646 section 2. That the Finance Director of the City of Palm Springs is authorized to record the budget and such other accounting entries as may be necessary for proper accounting treatment in accordance with rules and regulations applicable to other City of Palm Springs funds. Section 3. That disbursement of funds from the Community Redevelop- ment Agency Redevelopment Fund may be made without prior audit or approval of the Community Redevelopment Agency, provided it is in conformity with a properly adopted budget. ADOPTED this 23rd day of June 1993 Members Hodges. Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov AYES:NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS Y B Assis t-ant Secretary �✓ Chairman REVIEWED & APPROVED L1x1� 'AMC000d by qoa I � h „ a3 q 31 (Jl COMMUNITY REDEVELOPMENT AGENCY SUMMARY BY PROJECT AREA r ESTIMATED BUDGET,FY 1992-93 TAHOUITZ/ SOUTH RAMON/ NORTH HIGHLAND BARISTO/ LOW&MOD PLAZA C ` CBD ANDREAS PALM CYN BOGIE OASIS PALM CYN GATEWAY FARRELL AREA N9 AREA 810 HOUSING THEATRE TOTAL V all 812 813 814 815 816 817 818 819 820 921 Cash Balance 711192 446,871 330,755 342,574 (27,987) 11,676 267,001 72,011 754,120 142,269 0 1,816,861 345,628 4,501,779 Year-end Payables (149,812) (16,162) (2,049) (10,997) (25,524) (3,321) (715) (99,426) (20,050) 0 (43,117) (379) (371,552) Transfer from Camp 62,117 0 0 0 0 0 0 0 0 0 0 0 62,117 Accounts Receivable 10,700 7,876 10,609 6,031 8,709 4,184 3,239 40,148 7,549 0 14,279 3,314 116,638 Adj Cash Bal 711/92 369,876 322,469 351,134 (32,953) (5,139) 267,864 74,535 694,642 129,76E 0 1,788,023 348,563 4,308,982 Unexpended Bond Proceeds 2,500,420 0 0 751,000 0 0 0 150,000 0 0 5,699,012 0 9,100,432 1992-93 Estimates Revenue Property Tax 1,441,355 1,000,229 206.040 173,210 38,290 278,519 89,151 830,557 520,709 390,293 0 0 4,968,353 Other 503,500 6,955 9,000 0 0 9,000 2,500 25,000 10,500 14,492 247,900 237,000 1,065,847 Setaside 0 0 0 0 0 0 0 0 0 0 945,339 0 945,339 Transfers In 413,246 0 0 0 124,614 d 0 0 0 0 0 0 400,000 937,860 Out 0 0 0 0 0 0 0 (100,000) a (300,000) a 0 0 0 (400,000) Loans In 0 0 0 293,083 b 0 0 0 0 0 0 0 0 293,083 Appropriation Administration (154,494) (79,392) (20,762) (16,419) (6,654) (27,419) (11,442) (69,993) (51,973) (31,357) (97,474) (31,916) (599,295) _ Monte Vista Hotel (270,000) 0 0 0 0 0 0 0 0 0 0 0 (270,000) Legal Fees (60,000) 0 (5,000) (20,000) 0 (6,000) (5,000) (5,000) (5,000) (150,000) (10,000) 0 (266,000) ERAF (357,778) 0 (70,000) 0 0 (99,616) (32.604) 1217,385) 0 0 0 0 (777,383) Capital Projects (2,692,724) 0 (169,091) (90,600) 0 (9,600) 0 (152,687) 0 0 (4,363,884) (66,529) (7,565,115) Pass Thru's (165,563) (124,096) (5,515) (4,667) (1,256) (10,671) (3,119) (409,773) (152,650) (91,917) 0 0 (969,229) Housing Setaside (258,242) (193,372) (45,404) (39,053) (8,959) (59,915) (17,404) (157,692) (94,629) (70,669) 0 0 (945,339) Debt Service (1,049,028) (931,654) (139,800) (323,883) (168,325) (162,600) (9,396) (391,410) (35,835) 0 (426,386) (150,000) (3,788,317) Est Cash Sal 6/30/93 220,568 1,139 110,602 689,718 (27,431) 179,562 87.221 196,459 20,890 60,842 3,762,530 737,118 6,039,218 COMMUNITY REDEVELOPMENT AGENCY 14 SUMMARY BY PROJECT AREA PROPOSED BUDGET, FY 1993-94 TAHOUITZI SOUTH RAMON/ NORTH HIGHLAND BARISTO/ LOW&MOD PLAZA CBD ANDREAS PALM CYN BOGIE OASIS PALM CYN GATEWAY FARRELL AREA N9 AREA N70 HOUSING THEATRE TOTAL 811 812 813 814 815 816 817 818 819 820 921 Est Cash Bal 6130193 220,568. 1,139 110,602 689,718 (27,431) 179,562 87,221 196,459 20,890 6D,842 3,762,530 737,118 6,039,218 1993-94 Estimates Revenue ^37 2'3 o5n 173 399 3n 323 292,998 85.438 813,148 525,188 390,924 0 0 4,979,941 Property Tax i,444,720 1,001,�„, •-- Other 91,500 255,000 7,500 VV0 0 7,500 1,500 20,500 5,000 0 29,900 160,000 578,400 Selaside 0 0 0 ., 0 0 0 D 0 0 945,339 0 945,339 Transfers In 189,505 0 60,655 48,912 63,000 70,486 0 159,009 0 0 0 150,OOD 741,567 - - - Out -0 0 0 0 0 0 0 0 (150,000) 0 0 0 (150,000) Loans In 0 0 0 205,125 0 0 0 0 0 0 0 0 205,725 Appropriation Administration (122,581) (59,692) i16,87Tj (12,943) (5,916) (21,803) (9,719) (53,308) (37,013) (23,295) (72,904) (32,370) (468,331) Personnel Costs 0 0 0 0 0 0 0 0 0 0 (64,690) 0 (64,690) Contractual (128,060) (125,000) 0 0 0 0 0 0 0 0 0 0 (253,060) Legal Fees (60,000) 0 (5,000) (5,000) 0 (5,000) (5,000) (5,000) (5,000) 0 (10,000) 0 (100,000) Capital Projects 0 0 0 0 0 0 0 0 0 0 (669,317) (66,529) (735,646) Pass Thru•s (165,591) (124,067) (5,539) (4,689) (1,270) (10,749) (3,151) (411,510) (158,090) (173,763) 0 0 (1,058,419) Housing Setaside (258,242) (193,372) (45,404) (39,053) (8,959) (59,915) (17,404) (157,692) (94,629) (70,669) 0 0 (945,339) Debt Service (1,051,433) (1,072,792) (139,800) (326,525) (106,711) (162,600) (9,396) (391,410) (35,835) 0 (426,386) (150,000) (3,872,888) Est Cash Bal 6/30/94 160,394 (316,947) 179,995 728,944 (48,964) 290,479 129,489 170,196 70,511 184,129 3,494,472 798,219 5,841,017 (a) Transfer to Plaza Theatre Fund (b) Deferred Interest 202,483, Loan from Wastewater 90,600 (c) Deferred Interest (d) Transfer from Community Promotion - Palm Mtn Resort RESOLUTION NO. 893 OFTHE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA APPROVING AN OPTION AGREEMENT FOR THE SALE OF 3.26 ACRES FOR THE DEVELOPMENT OF A SENIOR HOUSING COMPLEX. - - - - - - - - - - - - - - WHEREAS, the Community Redevelopment Agency of the City of Palm Springs (Agency) is constituted under the Community Redevelopment Law (California Health & Safety Code Section 33000 at sec.) to carry out the purposes of Redevelopment in the City of Palm Springs ("City"); and WHEREAS, Cooperative Services,Inc.,a non-profit, consumer cooperative established in 1945 has proposed the development of a 60-unit senior apartment complex in the City of Palm Springs on a portion of a 7.5 acre site controlled by the Community Redevelopment Agency; and WHEREAS, Cooperative Services will be submitting an application to the Department of Housing & Urban Development (HUD) for Section 202 Program Housing Funds for site acquisition and the construction of the project; and WHEREAS, it is the desire of the Agency to support the development of affordable housing for senior citizens in our community, and in so doing, supports this application for submittal to HUD; and WHEREAS, as part of the application package to be submitted to HUD documentary evidence that the applicant (Cooperative Services) has control and/or an option on the ' site is required. NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California, as follows: Section 1. The Chairman of the Community Redevelopment Agency of the City of Palm Springs is herein authorized to execute on behalf of the Agency an Option Agreement by and between the Agency and Cooperative Services, Inc., in a form approved by the City Attorney, and which is on file in the office of the City Clerk. Section 2. The asking purchase price stipulated in the Option Agreement shall be $500,000. Section 3. The property shall be conveyed in its "as is" condition. Section 4. The consummation of the acquisition of this property is contingent upon HUD approval of Section 202 Funds to Cooperative Services, Inc. for the development of this project. ADOPTED this 7th day of July 1993. AYES: Members Hodges, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ' ABSENT: Member Lyons ATTEST: COMMUNITY REDEVELOPMENT AGENCY, CITY OF PALM SPRINGS, CALIFORNIA By: Assistant Secretary Chairman REVIEWED AND APPROVED: RESOLUTION NO. 894 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A REHABILITA- TION AGREEMENT WITH COOPERATIVE SERVICES, INC. AND AUTHORIZING THE TRANSFER, OF FUNDS FOR THE REHABILITATION OF TAHQUITZ COURT APARTMENTS. WHEREAS, the Community Redevelopment Agency of the City of Palm Springs pursuant to its authority under the Community Redevelopment Law of the State of California, Health and Safety Code Sections 33000 et.sec. which authorizes the Agency to make agreements with owners, purchasers and lessees of property located within the city providing for the acquisition and rehabilitation of property and the: provision of residential rental units to very low, low and moderate income households; and WHEREAS, Corporate Fund For Housing (CFH) , has requested financial assistance in connection with the acquisition and rehabilitation of a multi-family residential housing apartment project consisting of 108 units, known as Tahquitz Court Apartments with an street address of 2890 E. Tahquitz Canyon Way, Palm Springs, California; and WHEREAS, the Agency has reviewed material :submitted by the developer, including a proposed project description and other matters, has determined that the acquisition and rehabilitation of the project by the developer will serve the interest of the city :in providing availability of decent, safe and sanitary housing for families of very low, low and moderate income; and WIiEREAS, forty percent (43 units) will be made available to very low income (50% of median) tenants and 60% (65 units) will be made available to low income (80% of median) tenants; and WHEREAS, the City's Housing Element identifies an unmet need for very low, low, and moderate housing of 325 units per year between 1969 and 1994; and WHEREAS, the rehabilitation and affordable designation of this project shall be counted toward meeting that identified need; and WHEREAS, on February 3 , 1993 the Housing Authority of the City of Palm Springs approved Inducement Resolution No. 26 with Corporate Fund For Housing for the issuance of a tax exempt bond for the purchase and rehabilitation of Tahquitz Court Apartments in the amount not to exceed $4 . 5 million; and WHEREAS, Corporate: Fund For Housing is requesting a Grant of $590, 000 from Community Redevelopment Agency housing set-aside funds to be used for rehabilitation costs, and bond issuance costs; and WHEREAS, $509, 934 was allocated out of the housing set-aside fund in 1991 for the future rehabilitation of this project; and WHEREAS, funds are available from the Agency's housing set- aside fund balance. NOW, THEREFORE, BE IT RESOLVED ',by the Community Redevelopment Agency of the City of Palm Springs as follows: Resolution No. 894 �f a— Rehabilitation Agreement V� August 4, 1993 Page 2 Section 1. The Agency hereby determines that the use of housing funds outside the project area is of benefit to the project area and the community and is necessary to effectuate the purpose of the Agency's Housing Plan. Section 2 . The Agency hereby approves the Rehabilitation Agreement by and between Corporate Fund For Housing and the Community Redevelopment Agency. Agreement on file with the City Clerk, in a form approved by the City Attorney. Section 3 . A Grant in the amount of $590, 000 to Corporate Fund For Housing is herein authorized. Section 4 . A transfer of funds of $80, 066 from the Housing Setaside Fund to make up the shortfall in the multi-family line item budget account is herein authorized. Section 5. The Executive Director of the Community Redevelopment Agency is hereby authorized and directed, for and in the name and on behalf of the Community Redevelopment Agency, to take all actions and to sign all documents necessary or desirable to effectuate the purposes of this resolution. ADOPTED this 4th. day of August , 1993 . AYES: Councilmembers Hodges, Lyons, Reller^Spurgin,, Schlendorf & Chairman Elaryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS By Assistant Secretary Chai man ' REVIEWED & APPROVED �✓ RESOLUTION NO. 894A OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA„ AMENDING THE BUDGET FOR THE 1993-94 FISCAL YEAR. WHEREAS Resolution 892 approving the budget for the fiscal year 1993-94 was adopted on June 23, 1993; and WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certain amendments to said budget; NOW THEREFORE be it resolved that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 892 adopting the budget for the Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 902 0a8'1 7467 -- Title: Housing $80,066 Renovation Purpose: Additional funds required per Rehabilitation Agreement with Corporate Fund for Housing - Rehab. of Tahquitz Court SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. 902 --- 301 Title: $80,066 Fund Balance - Housing Set-aside ADOPTED this 4th day of _August 1993 AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA r jv/By Assistant Secretary Chairman REVIEWED AND APPROVED: RESOLUTION NO. 895 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CA AND PALOS VERDES VILLAS INC., FOR THE DEVELOPMENT OF A NINETY-EIGHT UNIT RESIDENTIAL APARTMENT COMPLEX WITHIN THE NORTH PALM CANYON REDEVELOPMENT PROJECT AREA ----------- WHEREAS the Community Redevelopment Agency of the City of Palm Springs ("Agency") is engaged in activities necessary to execute and implement the Redevelopment Plan for the North Palm Canyon Redevelopment project area which was adopted by Ordinance No. 1227 of the City Council of the City of Palm Springs September 19, 1984; and WHEREAS by Resolution No. 849 dated February 19, 1992, the Agency approved an Owner Participation Agreement between the Community Redevelopment Agency and Palos Verdes Villas Inc. ("OPA") for the development of ninety-eight unit apartment complex and setting aside twenty (20) units for persons of low income; and WHEREAS the Agency has reviewed and considered the Third Amendment to the OPA ("Amendment"), which modifies the Schedule of Performance to provide for an extension of Items 5 and 6 to October 1, 1993, and limiting the reduction of Agency subsidy per Exhibits L-1, L-2 and L-3 of the OPA which provides for an increase or decrease of Agency subsidy based on construction loan rates secured by the Participant; and WHEREAS in order to effectuate the purposes of the OPA and the redevelopment of the Project Area and in particular the project site, the Agency has determined that it is of benefit to the project area to extend the Schedule of Performance and limit the decrease in subsidy resulting from Exhibits L-1, L-2 and L-3 of the OPA. ' NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1 . The Agency hereby determines that the project, as modified by the Third Amendment to the OPA, is of benefit to the project area and is necessary to effectuate the purposes of the Redevelopment Plan. Section 2. The Agency agrees to extend the date for satisfaction of all conditions in the Schedule of Performance of the OPA to October 1, 1993. Section 3. The Agency limits the decrease in subsidy resulting for Exhibits L-1, L-2 and L-3 of the OPA. Section 4. The Third Amendment to the OPA is hereby approved in a form acceptable to the City Attorney and is in file in the Office of the City Clerk. Section 5. The Executive Director of the Agency is hereby authorized to execute the Third Amendment to the OPA. ADOPTED this 4th. day of August , 1993 AYES: Councilmembers Hodges, Lyons, Reller- Spurgin; Schlendorf & Chairman Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY / CITY OF PALM SPRINGS, CALIFORNIA l / r ,assistant Secretary � Chairman REVIEWED & APPROVED RESOLUTION NO. 896 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A SETTLEMENT AGREEMENT BETWEEN THE SIERRA CLUB, THE ANDREAS PALMS COMMUNITY ASSOCIATION & ERIK WILLIAMS AND THE CITY OF PALM SPRINGS & CANYON DEVELOPMENT WHEREAS the City Council, on July 19 , 1991, approved and adopted the Redevelopment Plan for Canyon Redevelopment Project, the Canyon Park Resort & Spa Specific Plan and the Canyon Park Resort & Spa; and WHEREAS the Sierra Club, the Andreas Palms Community Association and Erik J. Williams have enjoined all parties interested in the matter of the Redevelopment Plan, including the Community Redevelopment Agency of the City of Palm Springs, from implementing such Plan due to concerns regarding environmental effects; and WHEREAS negotiations between the Plaintiffs & Petitioners, the Defendants & Respondents, including the Agency, and the Real Parties in Interest have resulted in agreement wherein certain conditions shall be placed on said Project regarding its environmental effects; and WHEREAS the Agency has reviewed all the material terms of the agreement, and now wishes to indicate its acceptance and authorize execution of the same. NOW, THEREFORE, the Community Redevelopment Agency of the City of ' Palm Springs, California, does hereby resolve as follows : Section 1. The agreement, Judgment 64715 (Indio) , as on file with the City Clerk, is hereby approved in its entirety. Section 2 . The Executive Director and the Assistant Secretary are hereby authorized to execute the Agreement, in a form acceptable to the City Attorney, on behalf of the Agency. ADOPTED this 4th day of August, 1993 . AYES : Councilmembers Hodges, Lyons, Reller—Spurgin, Schlendorf u Chairman Haryanov NOES : None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA B � l� Assistant Secretary Chairman REVIEWED & APPROVED: C (-a- L _ �-- RESOLUTION NO. 898 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A RELEASE AND SETTLEMENT AGREEMENT BY AND BETWEEN THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, STEPTALL INC. , A CALIFORNIA CORPORATION, ALAIN SALMEA, AN INDIVIDUAL AND CANYON DEVELOPMENT, A CALIFORNIA GENERAL PARTNERSHIP, IN SETTLEMENT OF SUPERIOR COURT, RIVERSIDE COUNTY, CASE NO. I 64937. NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, does hereby approve the Release and Settlement Agreement by and between the Community Redevelopment Agency of the City of Palm Springs, Steptall Inc. , a California Corporation, Alain Salmea, an individual and Canyon Development, a California General Partnership, in settlement of Superior Court, Riverside County, Case No. I 64937, in a form acceptable to the City Attorney, was adopted by the Community Redevelopment Agency of the City of Palm Springs, California, in a meeting thereof held on the llth day of August, 1993 . ADOPTED this 1st day of September , 1993 . AYES: Councilmembers Hodges, Lyons, Reller-Spurgin and Schlendorf NOES: None ABSENT: None ABSTAIN: Mayor Maryanov ATTEST: CITY OF PALM SPRINGS, CALIFORNIA B / „ ' j'U✓ter„v=,✓ --'Assistant Secretary Chairman REVIEWED & APPROVED Y� RESOLUTION NO. 899 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA AUTHORIZING PARTICIPATION IN A HOPE 3 GRANT HOME REHABILITATION PROGRAM WITH THE COACHELLA VALLEY HOUSING COALITION AND FINDING REHABILITATION OF SUCH HOUSING TO BE OF BENENT WHEREAS, the Community Redevelopment Agency of the City of Palm Springs has established a affordable housing set-aside fund in accordance with Section 33000 at. seq. of the California Health and Safety Code; and WHEREAS, these funds are earmarked for the acquisition, construction, and rehabilitation of affordable housing; and WHEREAS, the Coachella Valley Housing Coalition'has submitted a grant application to the Department of Housing and Urban Development for Hope 3 grant funds for the establishment of an acquisition, rehabilitation and resale program which would consist of acquiring government repossessed housing within the City of Palm Springs. WHEREAS, Hope 3 sets up a partnership between the non-profit, local government and HUD to purchase,rehabilitate and sell properties to first-time home buyers/low income families;and WHEREAS, the Coachella Valley Housing Coalition has proposed a partnership between them and the Community Redevelopment. Agency of the City of Palm Springs to implement such a program; and WHEREAS, the Housing Element of the General Plan provides that the City is facing deterioration of its existing housing stock and establishes as a goal that it is desirable to preserve existing housing stock within the community, and to assure long-term affordability and provide housing to families of low income. NOW THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California as follows: Section 1. The Agency will participate in a partnership with the Coachella Valley Housing Coalition as applicant and recipient of Hope 3 grant funds for the purpose of establishing the aforementioned rehabilitation program. Section 2. The program is determined to be of benefit to each of the Agency's existing redevelopment project areas as well as to the community as a whole by taking repossessed properties, rehabilitating them,selling them to families of low income to once again becoming a vital part of the City's housing stock. To the extent possible, housing will be rehabilitated within project areas where needed,but certain project areas do not have suitable units requiring rehabilitation and in such circumstances, the Agency's funds may be used outside of individual project areas to leverage grant funds where rehabilitation of existing units will be beneficial. Section 3. A matching grant of $300,000.00 will be established as part of the Agency's participation in the program. Funds will be allocated from housing set-aside fund balance. Section 4. The Executive Director, Chairman, City Attorney and/or their designees shall be deemed authorized to sign any necessary documents. ADOPTED THIS 15th day of September , 1993. AYES: Members Hodges, Lyons, Schlendorf and Vice-Chairman Reller-Spurgin NOES: None ABSENT: Chairman Maryanov ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY) F PALM SPRINGS, CALIFORNIA .t Assistant Secretary Chairman REVIEWED & APPROVED /�c V/S RESOLUTION N0. 900 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1993-1994 FISCAL YEAR. WHEREAS Resolution 892 approving the budget for the fiscal year 1993-1994 was adopted on June 23, 1993 WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certain amendments to said budget; NOW THEREFORE be it resolved that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 892 adopting the budget for the 1993-1994 Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 902 0181 7884 Title: HOPE 3 Grant $300,000 Low/Mod Housing ' Purpose: Matching funds for HOPE 3 Grant Home Rehabilitation Program. SECTION 2. SOURCE 7902 ACTIVITY ACCOUNT AMOUNT 301 $300,000 ADOPTED this 15th day of September, 1993 AYES: Members Hodges, Lyons, Schlendorf and Vice-Chairman Reller-Spurgin NOES: None ABSENT: Chairman Maryanov ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By - - -- �j �--Assistant Secretary Chairman REVIEWED AND APPROVED: - // Cr'a.-2-3 RESOLUTION ' NO. 901 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM. SPRINGS„ CALIFORNIA, APPROVING EXTENSION OF CONTRACT PERIOD FOR THE PURCHASE OF UP TO 140 PEDESTRIAN LIGHTING FIXTURES FROM DELTA LIGHTING SYSTEMS, INC. TO MAY, 31, 1.994. ---------------------- WHEREAS, on July 15, 1992 , the Community Redevelopment Agency contracted with Delta Lighting Systems, I:nc. to purchase up to 140 custom pedestrian lighting fixtures for installation by the City along Palm Canyon Drive through the, downtown area; and WHEREAS, minimum orders of 25 fixtures each were to be based upon executed Reimbursement Agreements and funds from Downtown property owners at the unit price of $2,500 per fixture; and WHEREAS, a total of 85 fixtures have been purchased and installed to date through this Purchase Agreement; and WHEREAS, the original purchase contract had a germination date of August 31, 1993 , and Reimbursement Agreements are currently in the process of being signed for additional pedestrian light fixtures; and WHEREAS, Delta Lighting has agreed to continue the Purchase Contract at the original contract unit price of $2,384 per fixture; and WHEREAS, the Community Redevelopment Agency is required to supply six (6) fixtures at: 'the Bill lock I s-Wi lshire site, per the Disposition and Development Agreement for this project, and needs to replace two fixtures, which were broken during the Palm Canyon Drive construction period. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California,, that the contract with Delta Lighting Systems, Inc. for purchase of up to 140 pedestrian lighting fixtures is hereby extended to May 31, 1994, at the same terms and per-unit price as 'the original contract. ADOPTED this 20th day of October , 1993 . AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendlorf and Chairman Maryanov NOES: None ABSENT- None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CI 1 OF PAId4 SPRINGS, CALIFORNIA Assistant Secretary Cha'. n REVIEWED & APPROVED RESOLUTION NO. 902 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY COUNCIL CITY OF PALM SPRINGS, CALIFORNIA ACCEPTING AN OFFER TO SELL A PARCEL OF LAND TO THE AQUA CALIENTE BAND OF CAHUILLA ' INDIANS e - e - - _ _ _ _ - WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, acquired 1. 66 acres of property in December 1985, at the Southeast Corner of Amado Road and Calle Encilia, for the purpose of relocating Fire Station Number 1; and WHEREAS, a loan from the general fund was used to acquire the property and remains outstanding; and WHEREAS, it is in the best interest of the City and the Project Area to sell this property; and WHEREAS, the sale of this property will help to facilitate and implement the Redevelopment Plan for the Tahquitz-Andreas Redevelopment: Project Area. NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, as follows: Section 1. It is in the best interest of the City and the Project Area to sell this property for the purpose of facilitating ' and implementing the Tahquitz-Andreas Redevelopment Plano Section 2 . The property has been recently appraised and value established at $581, 000. Section 3 . The Agency accepts an offer from the Aqua Caliente Band of Cahuilla Indians for the purchase of this property, at a purchase price of $581, 000. Section 4 . The offer and agreement shall be in a form approved by the City Attorney. The property shall be developed for appropriate uses under the Redevelopment ]Plan or shall revert to the Agency. ADOPTED this 10th day of November , 1953 . AYES: Members Hodges, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: Member Lyons ATTEST: 11 CITY OF PALM SPRINGS, CALIFORNIA B I .L L' a "Anssi_stant Secretary ffhairman 0 RE & APPROVED � � � RESOLUTION NO. 903 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1993-i994 FISCAL YEAR. WHEREAS Resolution 892 approving the budgetfor the fiscal year 1993-1994 was adopted on June 23, 1993 WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certain amendments to said budget; NOW THEREFORE be it resolved that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 892 adopting ''the budget for the 1993-1994 Fiscal Year is hereby amended as follows: SECTION SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT _ No. 811 0190 7886 $90,000 Title: Central P.S. Village Bullock's Parking Business District Capital Imprve. Lot Purpose: To provide funds for the Construction of interim surface parking and other related improvements on the former Bullock's-Wilshire site. SECTION 2. SOURCE Transfer from Central Business District. FUND ACTIVITY ACCOUNT AMOUNT No. 811 301 $90,000 Title: CBD Fund (Balance ADOPTED this 17th day of November, 1993 AYES: Councilmembers Hodges, Lyons, Reller-Spurgin;,Schlendorf & Mayor Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA Assistant Secretary C h a i rrfan REVIEWED AND APPROVED: RESOLUTION NO. 904 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, REQUESTING A LOAN EXTENSION BY PALM DESERT NATIONAL BANK OF NOTE NUMBER 14316 AND 44315 ' -WHEREAS, the City Council has designated itself as the Community Redevelopment Agency and taken the necessary action in accordance with state law to initiate a redevelopment program in Project Area 9; and WHEREAS, certain real properties known as Lot 1, Parcel Map recorded February 1, 1975, as shown by map on file in Book 17, Page 7, of Parcel Maps, Records of Riverside County, California, (APN 507-100-029-9) , Section 11, Project Area 9, was purchased by the Agency in November 1990; and WHEREAS, in order to purchase the 7 .5 acre site and the Agency signed two secured Promissory Notes totalling $1, 207, 000 million with Palm Desert National Bank; and WHEREAS, those Notes become due and payable on December 30, 1993 ; and WHEREAS, it is the desire of the Agency to request an extension for one year plus one additional option year to December 30, 1995; and WHEREAS, it is advisable to reduce the real estate Note in the ' amount of $200, 000, NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palma Springs as follows: Section 1: The Ea:ecutive Director of the Agency is authorized to execute loan extension documents with Palma Desert National Bank for an additional two year extension to December 30, 1995. Section 2 : $200, 000 shall be deposited to reduce the real estate Promissory Note. Section 3 : Funds for the reduction of the real estate Note are available from 20% Housing Set-Aside Fund Balance and shall be transferred for this purpose. Section 4 : Proceeds 'Eroya the sale of the property will be redeposited into the 20% Low and Moderate Housing Fund in accordance with Section 33334 .3 (b) California CRA Law. ADOPTED this 1st day of December 1993 . AYES: Members Lyons, Relller-Spmrgin, SchlendorE, and Chairman Maryanov NOES: None ABSENT: None ABSTAIN: Member Hodges ATTEST: COMMUNITY REDEVELOPMENT AGENCY .. CITY PALM SPRINGS, CALIFORNIA By -Assistant Secretary / Ch irman REVIEWED & APPROVED / s RESOLUTION NO. 905 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1993-1994 FISCAL YEAR. WHEREAS Resolution 892 approving the budget for the fiscal year 1993-1994 was adopted on June 23, 1993 WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certain amendments to said budget; NOW THEREFORE be it resolved that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 892 adopting the budget for the 1993-1994 Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 902 0181 7850 Title: $200,000 Low-Mod Vista (rhino Housing Manor Purpose: Loan extension' purposes with Palm Desert: National Bank for additional two-year extension to December 30, 1995. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. 902 301 $200,000 Title: Housing Fund Balance Set Aside ADOPTED this 1st day of December, 1993 AYES: Members Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: None ABSTAIN: Member Hodges ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM S/PPRINGS, CALIFORNIA Aid `-' Assistant Secretary �� I;hair an REVIEWED AND APPROVED: ��`� —a..�C,/ RESOLUTION NO. 906 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT WITH MOBILEHOME PARK CONVERSION CONSULTANTS, INC. WHEREAS, the Agency desires to assist the tenants of the Eldorado Mobilehome Park in retaining a consultant to prepare a conversion Feasibility Study for park conversion to tenant ownership; and WHEREAS, the proposed agreement with Mobilehome Park Conversion Consultants, Inc. , provides for the necessary services to implement and complete a thorough overall feasibility study and; and WHEREAS, the cost of the feasibility study will be initially borne by the Agency and repaid at time of conversion by each tenant in a proportionate amount equal to their per space share of the cost for the feasibility study; and WHEREAS, funds are available from the Agency's Housing 20% Set-Aside Fund Balance for this purpose; and WHEREAS, upon repayment: by the tenant said funds will be redeposited into the Housing Set-Aside Fund Balance as prescribed by law; NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California, as follows: ' Section 1: The Executive Director of the Agency is authorized to execute an agreement with Mobilehome Paid; Conversion Consultants, Inc. for a maximum compensation of $20, 000 for the above-described services. Section 2 : The agreement shall be in a form approved by the City Attorney. Section 3 : Funds to be derived from Housing 20% Set-Aside Fund Balance. ADOPTED this 1sc day of December 1993 . AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA BY Assistant Secretary Ch rm'an REVIEWED & APPROVED U� RESOLUTION NO. 907 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE: BUDGET FOR THE 1993-1994 FISCAL YEAR. WHEREAS Resolution 892 apppproving the budget for the fiscal year 1993-94 was adopted on June 23, 1993; and WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certairu amendments to said budget; NOW THEREFORE be it resolved that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 892 adopting the budget for the 1993-1994 Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 902 0181 4350 $20,000 Title: Low/Mod Contractual Housing Services Purpose: To provide funds for conversion feasibility study by MPCC, Inc. for tenant purchase of El Dorado Mobilehome Park. SECTION 2. SOURCE Expenditure will be reimbursed by each tenant at the time of Park acquisition conversion. FUND ACTIVITY ACCOUNT AMOUNT No. 902 301 $20,000 Title: Low/Mod Fund Housing Balance ADOPTED this 1st day of December, 1993 AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By Assistant Secretary � C hi rnA n REVIEWED AND APPROVED:'-, RESOLUTION NO. 908 OF THE CODU4UNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE GRANTING OF AN EASEMENT TO SOUTHERN CALIFORNIA EDISON COMPANY OVER A 9- FOOT BY 35-FOOT LONG STRIP OF APN 513-082-037. WHEREAS, the Redevelopment Agency is the owner of Assessor's Parcel Number 513-082-037 on the west side of the 400 block of North Palm Canyon Drive; and WHEREAS, the Southern California Edison Company has requested the Agency grant an easement for the installation of utility lines along a 9-foot wide by 35-foot long strip with the location of said easement being more particularly described in the Grant of Easement document and shown on the plat attached hereto; and WHEREAS, granting the easement requested by the Edison Company will not interfere with the future improvements of the site and will be in the best interest of the Agency. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: SECTION 1. That an easement to Southern California Edison for the installation of utility lines within APN 513- 082-037, in the form as on file in the office of ' the City Clerk, is hereby approved. SECTION 2 . The Executive Director is hereby authorized to execute said Grant of Easement on behalf of the Redevelopment Agency of the City of Palm Springs, in a form approved by the Agency Counsel and including the condition that the easement can be terminated by the Agency without compensation. SECTION 3 . The Assistant Secretary is hereby authorized to record said Grant of Easement: in the office of the County Recorder of Riverside County. ADOPTED this 1st day of December , 1993 . AYES: Members [lodges, Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CI� PALM SPRINGS, CALIFORNIA ', Assistant Secretary 1 Cha'rma REVIEWED & APPROVED I ,�'- ..✓ ��#., s� ��f� - � c a zr, c 2.�,.;. `_•s, 1 , s..'£+x'3- S� ,�a m= �'� '- 3� Y f jF� .,7Id o 1 m a. :a O - -- -- - - --- ram:• Sri lHO NOANV0 N17 Vd S0S JFi lam .I 0 i �� i ( o i 7n YdO NO,(NV9 NVICNI I to 1 cOS 00 i 3f b `'S6Z `Sl 'S3S Z/l '3 'Yod r I 90// ',''92 ao-flg _ ..:n^-^--.. • _" i=�`�'3's,l�'n.- -�`�:t r i:4 '>•-Yti!;;c� r�;'S�h,�:,�_.�.jS:�j� •... __ -_�^_ -_- - - :s-m.�•,'•=_�'�' vu�ic _ '.•: Y'Y• _ _ _ �. •:j-' „i5",":-��¢'`'(. ':?::.gat:*,.�:.-,�i*. :-e'-`�'.. �koR�c"'`„GC`.'i'�.:i-dti,�'•:...:,.��:,y� - ' ,� `," r{••-� 'i?`-:..`' __:�-... ' tY CA`� [t, RESOLUTION NO. 909 RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, APPROVING A PURCHASE OPTION AGREEMENT WITH PETER AND MARY EPSTEEN FOR THE ACQUISITION OF 23.78 ACRES LOCATED 640 FEET NORTH OF THE NORTHEAST CORNER OF GENE AUTRY TRAIL ' AND RAMON ROAD IN SECTION 17. WHEREAS,in 1983 the City of Palm Springs adopted the Bogie/Ramon Redevelopment Project Area for the purpose of deleting blight and improving the condition of the Project Area; and WHEREAS, the Project Area contains a landfill site of 38.11 acres which will require some form of remediation to remove the blighted condition and make the site developable; and WHEREAS, the Agency has acquired and controls 14.23 acres of the 38.11 acre site and wishes to prepare the site for future development; and WHEREAS, the City Council and Redevelopment Agency have found that the development of the 38.11 acre site is of significant benefit to the City and to the Project Area; and WHEREAS, the Agency wishes to enter into a Purchase Option Agreement with Peter and Mary Epsteen to acquire the remaining 23.75 acres for future development of the entire site, NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: ' Section 1. Approve a Purchase Option Agreement by and between the Community Redevelopment Agency of the City of Palm Springs and Peter and Mary Epsteen, setting out broad lease option deal points for the acquisition of 23.75 acres described as the southwest quarter of Section 17 in Township 4 South, Range 5 East, San Bernardino Base and Meridian, according to the official plat thereof, and known as APN 677-420-017. Section 2. Authorizing the Executive Director to sign all documents related thereto, in a form acceptable and approved by the City Attorney. ADOPTED this 15th day of December 1993 AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Chairman Maryanov NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY � .° OF THE CITY OF PALM SPRINGS ' f y� Assistant Secretary Chairman 1 r REVIEWED & APPROVED C RESOLUTION N0, 910 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING SETTLEMENT AND COOPERATION AGREEMENTS WITH THE COUNTY OF RIVERSIDE AND THE RIVERSIDE COUNTY FLOOD CONTROL AND WATER CONSERVATION DISTRICT WHEREAS, on July 19, 1991, the City Council of the City of Palm Springs adopted Ordinance No. 1388 approving the Redevelopment Plan for the Canyon Redevelopment Project (the "Plan") pursuant to the California Community Redevelopment law ( "CRL" ) (Health & Safety Code §33000 et sec . ; and WHEREAS, the Plan delineates a redevelopment project area known as the Canyon Redevelopment Project Area ( "the Project Area") ; and WHEREAS, the County of Riverside ( "County" ) and the Riverside County Flood Control and Water Conservation District ( "District" ) are affected taxing agencies which levy taxes on real property within the Project Area; and WHEREAS, the County and District are both governed by the Riverside County Board of Supervisors; and WHEREAS, County and District filed a validation action challenging the validity of the Plan and Ordinance No. 1388, said lawsuit designated as Riverside County Superior Court Case No . 64715 (the " 'Lawsuit" ) ; and WHEREAS, the Lawsuit named as defendants the City of Palm Springs ( "City" ) and the Community Redevelopment of the City of Palm Springs ("Agency") ; and WHEREAS, representatives of County and District, on one side, and City and Agency on the other, have met and conferred in good faith to negotiate a resolution to the Lawsuit and resolve County' s and District' s concerns with respect to the Plan; and WHEREAS, representatives of County, District, City, and Agency have proposed a settlement of the Lawsuit and a resolution of each party' s concerns, as set forth in the Settlement and Cooperation Agreements between the County, City, and Agency, and between the District, City, and Agency, which Agreements are incorporated herein by reference as though fully set forth. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, as follows : PS2\394\014094-IX122\2077667.1 12/23/93 R910 Page 2 Section 1 . The Settlement and Cooperation Agreement between the County of Riverside, City of Palm Springs, and Community Redevelopment Agency of the City of Palm Springs, which agreement is on file in the office of the Secretary of the Agency, is hereby approved. The Executive Director of the Agency is hereby authorized to make any necessary final technical ' and clerical changes to the agreement prior to its execution, in the form approved by the Agency Counsel, and the Chairman is authorized and directed to execute the agreement on behalf of the Agency. Section 2 . The Settlement and Cooperation Agreement between the Riverside County Flood Control and Conservation District, City of Palm Springs, and Community Redevelopment Agency of the City of Palm Springs, which agreement is on file in the office of the Secretary of the Agency, is hereby approved. The Executive Director of the Agency is hereby authorized to make any necessary final technical and clerical changes to the agreement prior to its execution, in the form approved by the Agency Counsel, and the Chairman is authorized and directed to execute the agreement on behalf of the Agency. ADOPTED this 23rd day of December, 1993 . AYES : Councilmembers Hodges, Lyons, SchlendorF and Mayor pro tem Reller-Spurgin NOES : None ' ABSENT: Mayor Maryanov ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA ,Assistant Secretary Chairman° REVIEWED AND APPROVED FS2\394\014084-0022\2077667.1 12/23/93 1