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HomeMy WebLinkAbout1/1/1991 - CRA RESOLUTIONS RESOLUTION NO. 745 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE AGENCY, THE CITY OF PALM SPRINGS, AND THE COACHELLA VALLEY HOUSING COALITION. WHEREAS, the City Council has designated itself as a Community Redevelopment Agency and taken necessary action in accordance with State Law to initiate redevelopment and housing programs; and WHEREAS, the City of Palm Springs is transferring ownership of certain real property to the Agency to forward the Agency' s housing plans; and WHEREAS, the Coachella Valley Valley Housing Coalition proposes to develop that property in conformance with the housing plan; NOW THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California that the Disposition and Development Agreement by and between the Community Redevelopment Agency, the City of Palm Springs, and the Coachella Valley Housing Coalition be approved. ADOPTED this 2nd day of January 1991. AYES: Agency Members Hodges, Murawski , Neel and Vice-Chairman Broich NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIAf;' ti--A sistant Secretary Chairman — REVIEWED & APPROVED: iw ZZ04w,. RESOLUTION NO. 746 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708, approving the budget for the fiscal yearl990-91 was adopted on July 11 , 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 921 0180 7609 $17,693 Title: Central Plaza Theatre Theatre Renova- Business Dist. tion Purpose: To provide funds for various improvements to Plaza Theatre in connection with Phase II Renovation. SECTION 2, SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. 921 301 $17 ,693 Title: Central Fund Balance Business Dist. Adopted this 2nd — day of January Ig 91 . AYES: Agency Members Hodges, Muarawski , Neel and Vice-Chairman Broich NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM S�3NGS BY � ,-r,�• Secretary A Chairman— REVIEWED AND APPROVED_ C (-O� - ��. RESOLUTION NO. 747 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. ' WHEREAS Resolution 708, approving the budget for the fiscal year1990-91 was adopted on July 11 , 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 921 0180 4291 921 0180 4210 Title: Central Business Dist. Plaza Theatre Maintenance $8,000 Utilities $5,000 Purpose: To provide funds for additional costs for maintenance and utilities for the Plaza Theatre through March, 1991. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. 921 301 $13,000 itle: Central Business Dist. Fund Balance Adopted this 2nd day of January 19 91. AYES: Agency Members Hodges, Murawski , Neel and Vice-Chairman Broich NOES: None ABSENT: Chairman Bono ' ATTEST: i1TY REDEVELOPMENT AGENCY iE CITY OF PALM SPA NGS B FSe� /L .;tecretary Chairman REVIEI ED AND APPROVED�� Cr0- - C -�. RESOLUTION NO. 748 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE o CITY OF PALM SPRINGS APPROVING THE PROCEDURE FOR DESIGN REVIEW OF PUBLIC AND PRIVATE PROPERTY WITHIN THE CENTRAL BUSINESS DISTRICT REDEVELOPMENT PROJECT AREA. WHEREAS the City Council has approved a downtown revitalization program as part of the overall Vision Palm Springs project; and WHEREAS the City Council finds it necessary to streamline the design review process in the downtown area for the period of time in which the downtown revitalization program is in effect. NOW THEREFORE BE IT RESOLVED that the Community Redevelopment Agency of the City of Palm Springs rescinds Resolution No. 49 and hereby appoints itself as the design review authority for the Central Business District Redevelopment Project Area in accordance with Section 120. 1 of the Redevelopment Plan for the area during the period of time in which the Downtown Redevelopment Plan is in effect. ADOPTED this 2nd day of January , 1991. AYES: Agency Members Hodges, Murawski , Neel and Vice-Chairman Broich NOES: None ABSENT: Chairman Bono ATTEST: CITY OF PALM SPRINGS, G-AI FORNIA , i �_A sistant Secretary hC 4irman r REVIEWED & APPROVED O %v I RESOLUTION NO, 749 OF THE REDEVELOPMENT AGENCY OF THE CITY OF PALL" SPRINGS, CALIFORNIA, AUTHORIZING THE EXECUTION AND DELIVERY OF A JOINT" IiXERCISE (1F POWERS AGREEMENT BY AND BETWEEN THE CITY OF PALM SPRINGS AND THE REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS. WHLREA:, the City of Palm Springs ( the "City°' ) and Lhes Redevelopment Agency of Lho City of Palm Springs (the "Agency" ) orsire Lo create and establish, pursuant to the laws of the State of California, the City of palm Springs Financing Authority (the `Authority" ) ; and WHEREAS there has been presented to this meet.rng a prulOSPil form of Joint Exercise of PoweiO Agreement, dated as of Februaxy 1, 1991 (tile "Agreement" ), by and between the City and the Agency, which Agreement creates and establishes the Authority; and WHEREAS the purpo!;c, of the Authority is to assist flu, City and the Agency rn pxovidiny for the financing, acquisition„ construction and �•r•I, rY,rlilatiun of public improvements for the benefit of the lands and ir,habrt.arits of the City and the Agency, including but not Limited to the acquisition of land for the benefit of the Palm Springs Rey.xunoi Airport. and ' the canatructlon of improvements to the Palm Springs Regional Airport; and WHEREAS", pursuant to Section 33445 of the Health and Sa ul,y Code of the State of California, the Agency may, with the consent of tire City, pay all cr Part of the value of the land fox and the coat. of the Iris Lallation and cun�;Lruct ion of any building, facility, ;structure, or othex improvement which is publicly owned either within or without Lhe project area; ind WHEREAS, pursuant to the Marks-Roos Local Bond Pooling Kt of 1935 brainy Aitints 4 of Chapter S of Division Y of Title 1, commencing at Section 6584, of the Government Code, an Authority may asskyL local agenciew in financing capital improvements whenever there are significant. public. I)enefits for taking that action and the participation by the. City in the Authority will behol t. the GtLy and the Agency; NOW 'I'llFRF.FORE BE IT RESOLVED by the Reduvelopmeut Agency of the Laity of Palm spx (nys, as Iujluwu: :;ectron L. The proposed form of Agreement, on file with Lhe CLty Clexlt of the City and incorporated into this ReLolutioa by reference, is hereby approved. The Chacx-rman is hereby authorized to execute, and the Secretary is hereby author (u-d to atteor , seal and deliver the Agreement in substanti..11i said form, with ch„nyrs or addiLiuos thereto triat hervalcer may bpcume uoceOsary .n the interests of the Ageru4 and which are reviewed and approved by the Agency's Genial Cuunuel, any :such change" ui additions to to conclusively evidenced by L1.,- execution and delivery of the Agreement. Resolution No. 749 P"Oie t wu .`ie-A:Liun :'.. This; reculutiun Shull Lake eifecL from aruf att,-i Lu adopUOA. ADJP'TED UuL-, Uh day al _ Febr uary 1931. AYE2: Agency Members Broich, Hodges, Murawski , Neel and Mayor Bono NCE,: None AWAN'T: None ATTEST: L:U[1.MMITY RS:DEL!!LUi'Y:f wT AGENCY UI THE CITY OF PALM SPk1N��5 C�)[SFCn2N1P. y Cha1�t'mrn R -'VILIIED & APPROVED {<'''_ -- -- ji --------------- 94. Rl" 0 RESOLUTION NO. 750 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING PAYMENT OF RELOCATION BENEFITS TO DAN ECKSTROM. WHEREAS, on December 30,1989, by Ordinance 1203, the South Palm Canyon Redevelopment Project Area was adopted; and WHEREAS, one of the intents and purposes of the Redevelopment Plan is the elimination of environmental deficiencies in the project area, including, among others, small and irregular lots, obsolete and aged building types, substandard alleys and deteriorated public improvements ; and WHEREAS, by court order for prejudgement possession, dated May 10, 1990, the Redevelopment Agency has taken possession of 188, 190, and 210 W. Sunny Dunes; and WHEREAS, pursuant to California Relocation Assistance Law, Government code section 7260 et. sec. and California Relocation Assistance and Real Property Acquisition Guidelines state that the Redevelopment Agency is required, by law, to give financial assistance to displaced tenants of property acquired by a public entity; and WHEREAS, per Sections 6090, 6092, 6094, or 6096 of California Relocation Assistance Guidelines a person who is displaced from his or her place of business is eligible for relocation payments. NOW, THEREFORE, the Community Redevelopment Agency of the City of Palm Springs , California does hereby resolve the following: Section 1. Eckstrom Cabinet Shop (sole proprietor, Dan Eckstrom) has elected to relocate from 188 W. Sunny Dunes Road to 3500 Tachevah. Section 2. Based on California Relocation Assistance and Real Property Acquisition Guidelines, Sections 6090, 6092, 6094, or 6096 the total relocation assistance benefit awarded to this tenant is $16,077. ADOPTED this 6th day of February 1991. , AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS,-CALIFORNIA , By: -f-� f� Chi ty�Gk i Chairman / REVIEWED AND APPROVED: C TL/hd RESOLUTION NO. 751 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, TO LEASE PREMISES AT 435 ,AND 437 NORTH PALM CANYON DRIVE TO ANN GARRISON DBA ENCORE OF PALM SPRINGS FOR A TERM OF ONE YEAR. WHEREAS the Community Redevelopment Agency desires to lease premises at 435 and 437 North Palm Canyon Drive; and WHEREAS Ann Garrison has asked to lease the premises for the purpose of conducting therein a women' s and children 's clothes shop. 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 Community Redevelopment Agency is hereby authorized to enter into a lease with Ann Garrison dba Encore of Palm Springs of the premises at 435 and 437 North Palm Canyon Drive. Section 2. Lease shall be for a term of, one year at a rent of $10,600 for the year. Section 3. Improvements to remain with the store. Section 4. Liability insurance to be provided by Lessee, according to City requirements. Section 5. Lessee acknowledges that she may be subjected to taxation of the possessory interest herein leased and agrees to pay any such tax when due. Section 6. Lessee is responsible for maintenance of interior of store and City is responsible for exterior maintenance.. ADOPTED this 6th day of February , 1991., AYES: Agency Members Broich, Hodges, Murawski „Neel and Chairman Bono NOES None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA r --Assistant Secretary rha'rman REVIEWED AND APPROVED: C .: RESOLUTION NO. 752 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, TO LEASE PREMISES AT 428 NORTH PALM CANYON DRIVE TO MR. ROBERT MAYCOCK AND MS. DIANA COLLASO DBA "DIANA'S" FOR A PERIOD OF ONE YEAR. WHEREAS the Community Redevelopment Agency of the City of Palm Springs, California, desires to lease premises at 428 North Palm Canyon Drive, Palm Springs, California; and WHEREAS Mr. Maycock and Ms. Collaso have requested to lease the premises for the purpose of conducting a costume jewelry business. 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 Community Redevelopment Agency is hereby authorized to enter into a lease with Mr. Robert Maycock and Ms. Diana Collaso dba "Diana 's" on the premises located at 428 North Palm Canyon Drive. Section 2. Lease shall be for a period of one year commencing on December 5, 1990, and terminating December 31, 1991. Rent shall be $550 per month (utilities included) . ' Section 3. Improvements to remain with the store. Section 4. Liability insurance to be provided by Lessee, according to City requirements. Section 5. Lessee is responsible for maintenance of interior of store, and City is responsible for exterior maintenance. ADOPTED this 6th day of February , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA By f — � A� `—Assistant Secretary Ch irman REVIEWED AND APPROVED: F �— RESOLUTION NO. 753 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ACCEPTING A $210,850 LOAN FROM THE PARKING FUND TO PROVIDE, FUNDING FOR CERTAIN COSTS FOR THE CENTRAL BUSINESS DISTRICT PROJECT AREA. WHEREAS the Community Redevelopment Agency of the City of Palm Springs, California, has and will incur expenses in the Central Business District Project Area; and WHEREAS $210,850 has been requested by the Community Redevelopment Agency for 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 $210,850 loan from the Parking Fund to the Community Redevelopment Agency of the City of Palm Springs, California, at 8% 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 provide the Agency with sufficient cash for certain costs related to the Central Business District Project Area. The loan is to be repaid from tax increment. ADOPTED this 6th day of February 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA Secretary Chairman REVIEWED AND APPROVED: RESOLUTION NO. 754 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708', approving the budget for the fiscal yearl990-91 was adopted on July II , 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o. B11 0180 Title: (*See attached 1 st, ) Central Business Capital Project District Purpose: To provide funds for various commitments (see attached). SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o• 811 301 $210,850 Title: Central Business Di trict Fund Balance Capital Projects Adopted this 6th day of February 19 91. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPR.I,W Ely 5 Secretary —�" Chairman REVIEWED AND APPROVED K,f,'�. ATTACHMENT TO RESOLUTION LOAN DESCRIPTIONS Account Name Account Number Amount Building Repairs and Maintenance 811-0180-4291 $ 6,000 Property Upgrade Assistance 811-0180-7262 9,000 Draper' s Parking Lot (new line item) 30,000 Contractual Services 811-0180-4350 5,000 La Mirage Parking Lot 811-0180-7719 6,500 Liebling Property (new line item) 50,000 Plaza de las Flores 811-0180-7387 85,000 Plaza Theatre Renovation 921-0180-7609 19,350 $210,850 0 l RESOLUTION NO. 755 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, TO LEASE PREMISES AT 400 NORTH PALM CANYON DRIVE TO ROBERTA BIANCO DBA WORLD WIDE COINS FOR A TERM OF ONE YEAR. WHEREAS the Community Redevelopment Agency desires to lease premises at 400 North Palm Canyon Drive; and WHEREAS Roberta Bianco has asked to lease the premises for the purpose of conducting therein a coin shop. 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 Community Redevelopment Agency is hereby authorized to enter into a lease with Roberta Bianco dba World Wide Coins for the premises at 400 North Palm Canyon Drive in the form approved by the City Attorney and in the office of the City Clerk. ' Section 2. Lease shall be for a term of one year at a rent of $625 per month. Section 3. Any improvements or alterations, except moveable furniture and trade fixtures, shall remain with the premises and become the property of the City. Section 4. Liability insurance to be provided by Lessee, according to City requirements. Section 5. City shall pay any possessory interest property taxes on the premises. Section 6. Lessee is responsible for minor routine maintenance of interior of premises, as defined in the lease, and City is responsible for all other interior and exterior maintenance. ADOPTED this 20th day of February , 1991. AYES: Agency Members Hodges, Neel and Chairman Bono NOES Agency Members Broich and Murawski ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA,, By: '�Jhs`s-rstant Secretary Chairman" REVIEWED AND APPROVED: �, - RESOLUTION NO. 756 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN EXPANDED NEIGHBORHOOD PAINTBRUSH PROGRAM FOR THE CITY O PALM SPRINGS. WHEREAS the Neighborhood Paintbrush Program has previously received Agency approval , and WHEREAS attempts at qualifying other low-moderate income single-family residences throughout the City are ongoing, and WHEREAS the need for exterior repainting exists among the multiple family housing in the community, and WHEREAS there are sufficient funds , currently allocated to support an on-going program at a higher level of activity. WHEREAS the maximum grant shall not exceed 75% of the cost or $3,000, and WHERAS only those properties which qualify and have 20 units or less would be considered. NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California, to approve a modification to the Paintbrush Program expanding it to owners of multiple family units within all low-moderate income neighborhoods subject to qualifications of the property as housing for low-moderate income families. ADOPTED this 20th day of February , 1991. AYES: Agency Members Broich, Hodges,', Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALI'FORNIA Secretary �Q Chairman -' REVIEWED AND APPROVED: GCS/r " �— RESOLUTION NO. 757 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AWARDING A CONTRACT TO SAUL & ASSOCIATES FOR REDEVELOPMENT TAX INCREMENT MONITORING. - - - - - - - - - - - - - - - WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, California ("Agency") , is carrying out the Redevelopment plans for the City; and WHEREAS, in implementation of the Redevelopment plans, the Agency is in need of a complete review of tax increment revenues ; and NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve to award a contract to Saul & Associates for tax increment monitoring for an amount not to exceed $22,200. ADOPTED this _ 20th day of February 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By� s Chairman REVIEWED AND APPROVED: 1 RESOLUTION NO. 758 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990•.91 FISCAL YEAR. WHEREAS Resolution 708, approving the bud et for t r -PP 9 d9 he fiscal year 1990 91 was adopted on duly 11, 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: Section 1. Additions Account 8: Title: Amount: 811-0180--5010 CBD/CRA Admin. Services $ 9,768 812-0181-5010 Tahquitz/Andreas Admin. Svc. 7,104 813-0182-5010 South Palm Canyon/CRA Admin. Svc. 1, 110 814-0183-5010 Ramon-Bogie/CRA Admin. Svc. 660 815-0184-5010 Oasis/CRA Admin. Services , 100 816-0185-5010 North Palm Canyon/CRA Admin. Svc. 880 817-0186-5010 highland-Gateway/CRA Admin. Svc. 136 818-0187-5010 Baristo-Farrell/CRA Admin., Svc. 2,442 0 22,200 Purpose: To provide funds to pay Saul & Associates to reconcile tax increment receipts and develop a system for continuing , reconciliation/verification. Section 2. Source Account lh Title: Amount: 811-301 CBD/Fund Balance $ 9,768 812-301 Tahquitz-Andreas/Fund Balance 7 , 104 813-301 South Palm Canyon/Fund Balance 1,110 814-301 Ramon-Bogie/Fund Balance 660 815-301 Oasis/Fund Balance 100 816-301 North Palm Canyon/Fund Balance 880 817-301 Highland-Gateway/Fund Balance 136 818-301 Baristo-Farrell/Fund Balance 2,442 22,200 Adopted this 20th day of `February 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None 0 ABSENT: None ATILSI : COMMUNITY REDEVELOPMENF AGENCY OF THE CITY OF PALM SPRINGS,- CA'.fFORNIA By Secretary Chairman" � REVIEWED AND APPROVED RESOLUTION NO. 759 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS APPROVING AND AUTHORIZING AND DIRECTING EXECUTION OF SUPPLEMENTS (FOR THE PURPOSE OF CONFORMING LEGAI, DESCRIPTION) TO AMENDED AND RESTATED FIRST INSTALLMENT SALE AGREEMENTS, SUPPLEMENT (FOR PURPOSE OF CONFORMING LEGAL DESCRIPTION) ' TO SUBLEASE, SUPPLEMENTS (FOR PURPOSE OF CONFORMING LEGAL DESCRIPTION) TO AMENDED AND RESTATED SECOND INSTALLMENT SALE AGREEMENT AND TO SUB-SUBLEASE, SUPPLEMENT TO AMENDED AND RESTATED TRUST AGREEMENT AND AMENDMENT TO CONDOMINIUM PLAN TRACT MAP NO. 20485 WHEREAS, The Community Redevelopment Agency of the City of Palm Springs ( "Agency" ) and SENCA Palm Springs, Inc. , a California corporation ( "SENCA" ) , entered into a Sublease dated as of December 31, 1984 ( "Sublease" ) whereby the Agency subleased from SENCA certain land located in the Tahquitz Andreas Redevelopment Project Area of the Agency ( "Site" ) ; WHEREAS, the Agency and SENCA entered into that certain Amended and Restated First Installment Sale Agreement (Project I) , that certain Amended and Restated First Installment Sale Agreement (Project II ) , that certain Amended and Restated First Installment Sale Agreement (Project III) , that certain Amended and Restated First Installment Sale Agreement (Project IV) , that certain Amended and Restated First Installment Sale Agreement (Project V) , that certain Amended and Restated First Installment Sale Agreement (Project VI ) , that certain Amended and Restated First Installment Sale Agreement (Project VII) , that certain Amended and Restated First Installment Sale Agreement (Project VIII) , that certain Amended and Restated First Installment Sale Agreement (Project IX) , that certain Amended and Restated First Installment Sale Agreement (Project X) , and that certain Amended and Restated First Installment Sale Agreement (Project XI ) , all of which are dated as of December 1, 1984 whereby SENCA agreed to build hotel facilities and appurtenant facilities and property (collectively, the "Projects" ) which Projects collectively comprise the Palm Springs Headquarters Hotel, now called the Wyndham Palm Springs Hotel ( "Hotel" ) ; WHEREAS, the Agency entered into that certain Amended and Restated Second Installment Sale Agreement dated as of December 1, 1984 with Hotel and Convention Center Partners I , Ltd. , a California limited partnership ( "Hotel Partners I" ) , as amended by that Supplement and Amendment to Amended and Restated Second Installment Sale Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement I" ) , that certain Amended and Restated Second Installment Sale Agreement dated as of December 1, 1984 with Hotel and Convention Center Partners II , Ltd. , a California ' limited partnership ( "Hotel Partners II" ) , as amended by that Supplement and Amendment to Amended and Restated Second Installment Sale Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement II" ) , that certain Amended and Restated Second Installment Sale Agreement dated as of December 1, 1984 with Hotel and Convention Center Partners III , Ltd. , a California limited partnership ( "Hotel Partners III" ) , as amended by that 2/383/014084-0006/15 Supplement and Amendment to Amended and Restated Second Installment Sale Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement III" ) , that certain Amended and Restated Second .Installment Sale Agreement dated as of December 1, 1984 with Hotel and Convention Center Partners IV, "Ltd. , a California limited partnership ( "Hotel Partners IV" ) , as amended by that Supplement and Amendment to Amended and Restated Second Installment Sale Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement IV" ) , that certain Amended and Restated Second Installment Sale Agreement dated as of December 1, 1.984 with Hotel and Convention Center Partners V, ; Ltd. , a California limited partnership ( "Hotel Partners ' V" ) , as amended by that Supplement and Amendment to Amended and Restated Second Installment Sale Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement V" ) , that certain Amended and Restated Second Installment Sale Agreement dated as of December 1, 1984 with Hotel and Convention Center Partners VI , Ltd. , a California limited partnership ( "Hotel Partners VI" ) , as amended by that Supplement and Amendment to Amended and. Restated Second Installment Sale Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement VI" ) , that certain Amended and Restated Second Installment Sale Agreement dated as of December 1, 1984 with Hotel and Convention Center Partners VII; Ltd. , a California limited partnership ( "Hotel Partners ,VII" ) , as amended by that Supplement and Amendment to Amended and :Restated Second Installment Sale Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement VII" ) , that certain Amended and Restated Second Installment Sale Agreement dated as of December 1, 1984 with Hotel and e Convention Center Partners VIII, Ltd. , a California limited partnership ( "Hotel Partners VIII" ) , as amended by that Supplement and Amendment to Amended and Restated Second Installment Sale Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement VIII" ) , that certain Amended and Restated Second Installment Sale Agreement dated as of December 1 , 1984 with Hotel and Convention Center Partners IX, Ltd. , a California limited partnership ( "Hotel Partners ' IX" ) , as amended by that Supplement and Amendment to Amended and Restated Second Installment Sale .Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement IX" ) , that certain Amended and Restated Second Installment Sale Agreement dated as of December 1, 1984 with Hotel and Convention Center Partners X; Ltd. , a California limited partnership ( "Hotel Partners X" ) , as amended by that Supplement and Amendment to Amended and Restated Second Installment Sale Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement X" ) , that certain Amended and Restated Second Installment Sale Agreement dated as of December 1, 1984 with Hotel and Convention Center Partners XI, Ltd. , a California limited partnership ( "Hotel Partners, XI" ) , as amended by that Supplement and Amendment to ' Amended and Restated Second Installment Sale Agreement dated as of December 1, 1988 (collectively, "Second Installment Sale Agreement XI" ) whereby the Agency agreed to sell and convey to each of the partnerships set forth above ('the "Partnerships" ) one of the eleven Projects which compriseithe Hotel; and -2- WHEREAS, the Agency entered into that certain Sub- sublease (Hotel I) with Hotel Partners I ( "Hotel I Sub- sublease) , that certain Sub-sublease (Hotel II ) with Hotel Partners II ( "Hotel II Sub-sublease) , that certain Sub- sublease (Hotel III ) with Hotel Partners III ( "Hotel III Sub-sublease) , that certain Sub-sublease (Hotel IV) with Hotel Partners IV ( "Hotel IV Sub-sublease) , that certain Sub-sublease (Hotel V) with Hotel Partners V ( "Hotel V Sub- sublease) , that certain Sub-sublease (Hotel VI ) with Hotel ' Partners VI ( "Hotel VI Sub-sublease) , that certain Sub- sublease (Hotel VII) with Hotel Partners VII ( "Hotel VII Sub-sublease) , that certain Sub-sublease (Hotel VIII ) with Hotel Partners VIII ( "Hotel VIII Sub-sublease) , that certain Sub-sublease (Hotel IX) with Hotel Partners IX ( "Hotel IX Sub-sublease) , that certain Sub-sublease (Hotel X) with Hotel Partners X ( "Hotel X Sub-sublease) , that certain Sub-sublease (Hotel XI ) with Hotel Partners XI ( "Hotel XI Sub-sublease) , all of which are dated December 31, 1984 whereby the Agency agreed to Sub-sublease a one-eleventh interest of the Site to each of the Partnerships; and WHEREAS, the Site is subject to a Condominium Plan recorded on December 27 , 1984 in the official Records of Riverside County, California ( "official Records" ) as Instrument No. 275326 and a Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Palm Springs Headquarters Hotel dated as of December 30 , 1984 and recorded on December 30, 1985 as Instrument No. 293739 of the official Records ( "CC&Rs" ) . The Condominium Plan and the CC&Rs provide for the construction and ownership of the Hotel in certain Condominium Units ( "Condominium Units" ) ; and ' WHEREAS, the Agency, SENCA and First Interstate Bank of California, Trustee, a California banking corporation ( "Bond Trustee" ) entered into that certain Amended and Restated Trust Agreement dated as of December 1, 1984, as amended by a Supplement and Amendment to Amended and Restated Trust Agreement dated as of December 1, 1988 (collectively, "Project I Trust Agreement" ) , that certain Amended and Restated Trust Agreement dated as of December 1, 1984, as amended by a Supplement and Amendment to Amended and Restated Trust Agreement dated as of. December 1, 1988 (collectively, "Project II Trust Agreement" ) , that certain Amended and Restated Trust Agreement dated as of December 1, 1984, as amended by a Supplement and Amendment to Amended and Restated Trust Agreement dated as of December 1, 1988 (collectively, "Project III Trust Agreement" ) , that certain Amended and Restated Trust Agreement dated as of December 1, 1984, as amended by a Supplement and Amendment to Amended and Restated Trust Agreement dated as of December 1, 1988 (collectively, "Project IV Trust Agreement" ) , that certain Amended and Restated Trust Agreement dated as of December 1, 1984 , as amended by a Supplement and Amendment to Amended and Restated Trust Agreement dated as of December 1, 1988 (collectively, "Project V Trust Agreement" ) , that certain Amended and Restated Trust Agreement dated as of December 1, 1984, as amended by a Supplement and Amendment to Amended and Restated ' Trust Agreement dated as of December 1, 1988 (collectively, "Project VI Trust Agreement" ) , that certain Amended and Restated Trust Agreement dated as of December 1, 1984, as amended by a Supplement and Amendment to Amended and Restated Trust Agreement dated as of December 1, 1988 (collectively, "Project VII Trust Agreement" ) , that certain Amended and Restated Trust Agreement dated as of December 1, 1984, as -3- amended by a Supplement and Amendment to Amended and Restated Trust Agreement dated as of December 1, 1988 (collectively, "Project VIII Trust Agreement" ) , that certain Amended and Restated Trust Agreement dated as of December 1, 1984, as amended by a Supplement and Amendment to Amended and Restated Trust Agreement dated as of December 1, 1988 (collectively, "Project IX Trust Agreement" ) , that certain Amended and Restated Trust Agreement dated as of December 1, 1984, as amended by a Supplement and Amendment to Amended and Restated Trust Agreement dated as of December 1., 1988 ( collectively, "Project X Trust Agreement" ) , , that: certain Amended and Restated Trust Agreement dated as of December 1, 1984 , as amended by a Supplement and Amendment to Amended and Restated Trust Agreement dated as of December 1 , 1988 ( collectively, "Project XI Trust Agreement") , which Trust Agreements provided for the payment of certificates of participation issued to pay for the construction of the Hotel; and WHEREAS, SENCA assigned its interest under the Master Lease, the Sublease, each of. the First Installment Sale Agreements, each of the Second Installment Sale Agreements and each of the Trust Agreements to the City of Palm Springs ( "City" ) ; and WHEREAS, the Condominium Plan needs to be amended to reflect the Hotel as built and to identify the actual Condominium Units constructed; and WHEREAS, in order to more accurately identify the legal descriptions of the Properties subject to the above referenced documents, the Agency desires to amend the Sublease, each of the First Installment Sale Agreements, each of the Second Installment Sale Agreements, each of the Sub- subleases, the Condominium Plan and each of the Trust Agreements; NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, as follows: Section 1. Siloolement (For Purposes of Conforming Legal Description) To Sublease. The Agency hereby approves the amendment to the Sublease in substantially the form of the Supplement (For Purposes of Conforming Legal. Description) To Sublease 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 the Supplement (For Purposes of Conforming Legal Description) To Sublease for and in the name and on behalf of the Agency. The Agency hereby authorizes the delivery and performance of the Supplement (For Purposes of Conforming Legal Description) To Sublease; provided that the provisions set forth in Sections 6 and 7 are satisfied. Section 2. Supplement (For Pu�.poses of Conforming Legal Description) to First Installment Sale Agreements . The Agency hereby approves the amendment-of the First Installment Sale Agreement I, First Installment Sale Agreement II, First Installment Sale Agreement , III , First Installment Sale Agreement IV, First Installment Sale Agreement V, First Installment Sale Agreement I VI , First: Installment Sale Agreement VII, First Installment Sale Agreement VIII, First Installment Sale Agreement 1; IX, First; Installment Sale Agreement X, and First Installment Sale Agreement XI, in ' 4- substantially the form of the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project I) , the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project II) , the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project III) , the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project IV) , the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project V) , the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project VI) , the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project VII) , the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project VIII) , the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project IX) , the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project X) , and the Supplement (For Purpose of Conforming Legal Description) to Amended and Restated First Installment Sale Agreement (Project XI) (collectively "First Installment Sale Agreements Supplements" ) 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. The Chairman is hereby authorized to execute and deliver the First Installment Sale Agreement Supplements for and in the name and on behalf of the Agency. The Agency hereby ' authorizes the delivery and performance of the First Installment Sale Agreement Supplements; provided that the conditions set forth in Sections 6 and 7 are satisfied. Section 3 . Supplement (For Purposes of Conforming Legal Description) to Second Installment Sale Agreements and to Sub-subleases. The Agency hereby approves the amendment to the Second Installment Sale Agreement I, Second Installment Sale Agreement II , Second Installment Sale Agreement III, Second Installment Sale Agreement IV, Second Installment Sale Agreement V, Second Installment Sale Agreement VI , Second Installment Sale Agreement VII, Second Installment Sale Agreement VIII, Second Installment Sale Agreement IX, Second Installment Sale Agreement• X, and Second Installment Sale Agreement XI, the Hotel I Sub-sublease, the Hotel II Sub- sublease, the Hotel III Sub-sublease, the Hotel IV Sub- sublease, the Hotel V Sub-sublease, the Hotel VI Sub- sublease, the Hotel VII Sub-sublease, the Hotel VIII Sub- sublease, the Hotel IX Sub-sublease, the Hotel X Sub- sublease, and the Hotel XI Sub-sublease, pursuant to the Supplement (For Purposes of Conforming Legal Description) to Second Installment Sale Agreement and to Sub-sublease (Project I) , Supplement (For Purposes of Conforming Legal Description) to Amended and Restated Second Installment Sale Agreement and to Sub-sublease (Project II) , Supplement (For Purposes of Conforming Legal Description) to Amended and Restated Second Installment Sale Agreement and to Sub- sublease (Project III) , Supplement (For Purposes of Conforming Legal Description) to Amended and Restated Second Installment Sale Agreement and to Sub-sublease (Project IV) , Supplement (For Purposes of Conforming Legal Description) to Amended and Restated Second Installment Sale Agreement and to -5- Sub-sublease (Project. V) , Supplement (For Purposes of Conforming Legal Description) to Amended and Restated Second Installment Sale Agreement and to Sub-sublease (Project VI) , Supplement (For Purposes of Conforming Legal Description) to Amended and Restated Second Installment Sale Agreement and to Sub-sublease (Project VII ) , Supplement (For Purposes of Conforming Legal Description) to Amended and Restated Second Installment Sale Agreement and to Sub-sublease (Project VIII) , Supplement (For Purposes of Conforming Legal Description) to Amended and Restated Second Installment Sale Agreement and to Sub-sublease (Project IX) , Supplement (For Purposes of Conforming Legal , Description) to Amended and Restated Second Installment Sale Agreement and to Sub- sublease (Project X) , and Supplement (For Purposes of Conforming Legal Description) to Amended and Restated Second Installment Sale Agreement and 'to Sub-sublease (Project XI) , (collectively, "Second Installment Sale Agreement and Sub- sublease Supplements" ) 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. The Chairman is hereby authorized to execute and deliver the Second Installment Sale Agreement and Sub-sublease Supplements for and in the name and on behalf of the Agency. The Agency hereby authorizes delivery and performance of the Second Installment Sale Agreement and Sub-sublease Supplements; provided that the conditions set forth in Sections 6 and 7 are satisfied., Section 4. Amended Condominium Plan. The Agency hereby approves the amendment of the Condominium Plan in substantially the forra of the Pmanded Condominium Plan for Tract Map No. 20435 ( "Condominium Plan Amendment" ) 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 the Condominium Plan Amendment for and in the name and on behalf of the Agency. The Agency hereby authorizes the delivery and performance of the Condominium Plan Amendment; provided that the conditions set forth in Sections bland 7 are satisfied. Section 5. Trust Agreement . The Agency hereby approves the amendment of the Project I 'Trust Agreement, the Project II Trust Agreement, the Project III Trust Agreement, the Project IV Trust Agreement , the Project V Trust Agreement, the Project VI Trust A,Jreemen.t, the Project VII Trust Agreement, the Project VIII Trust Agreement, the Project IX Trust Agreement, the Project, X Trust .Agreement, and the Project XI Trust Agreement, is substantially the form of the Supplement to Amended and Restated Trust Agreement For Project I, Supplement to Amended and Restated Trust Agreement For Project II , Supplement to Amended and Restated Trust Agreement For Project III , Supplement to Amended and Restated Trust Agreement For Project IV, Supplement. to Amended and Restated Trust Agreement For Project V, Supplement to Amended and Restated Trust Agreement For Project VI , Supplement to Amended and Restated Trust Agreement For Project VII , Supplement to Amended and Restated Trust Agreement For Project VIII , Supplement to Amended and Restated Trust Agreement For Project IX, Supplement to Amended and Restated Trust Agreement For Project X, and Supplement to Amended and Restated Trust Agreement For Project XI, (collectively, "Trust Agreement Supplements" ) on file with the Secretary together with any additions thereto or changes therein deemed -6� necessary or advisable by the City Attorney. The Chairman is authorized to execute and deliver the Trust Agreement Amendments in the name and on behalf of the Agency. The Agency hereby authorizes the delivery and performance of the Trust Agreement Amendments; provided that the conditions set forth in Sections 6 and 7 are satisfied. Section 6 . Title Insurance. The effectiveness of the Supplement (For Purposes of Conforming the Legal Description) to Sublease, the First Installment Sale Agreement Supplements, the Second Installment Sale Agreement and Sub- sublease Supplements, the Condominium Plan Amendment and the Trust Agreement Supplements shall be conditioned upon the Partnerships obtaining, if required by the City Attorney, title insurance policies satisfactory to the City Attorney assuring that the City' s interest under the Master Lease and the Agency' s interest under the Sublease are not affected by the execution of said documents. Section 7 . Attorney' s Fees. The effectiveness of the Supplement (For Purposes of Conforming the Legal Description) to Sublease, the First Installment Sale Agreement Supplements, the Second Installment Sale Agreement and Sub- sublease Supplements, the Condominium Plan Amendment and the Trust Agreement Supplements shall be conditioned upon the payment by the Partnerships of the City Attorneys ' reasonable attorney' s fees for services rendered in the review and approval of said documents. Section 8. Prior Resolutions . Any resolutions of the Agency adopted prior to this Resolution are, to the extent they are inconsistent or conflict with this Resolution, hereby repealed and rescinded. Section 9 . Effective Date. This Resolution shall take effect and be in force immediately upon its adoption. Section 10 . Official Action. All actions heretofore taken by the officers and agents of the Agency with respect to the Amendment of the above 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 in order to consummate the amendment of the above referenced documents to reflect the correct legal description of the Hotel . ADOPTED this 6th day of March , 1991. AYES: Agency Members Broich, Bodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS,--CA_,LIFORNIA Asst. Secretary Chairman ' REVIEWED & APPROVED -7- RESOLUTION NO. 760 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN OWNER, PARTICIPATION AGREEMENT WITH QUALITY PREFERRED CORPORATION WHEREAS the Community Redevelopment Agency of the City of Palm Springs has established an affordable housing setaside fund in accordance with Section 33000 et. seq. of the California Health and Safety code, and WHEREAS Quality Preferred Corporation has acquired the property known as 376 Bonair Drive, Assessor' s Parcel Number 669-392-002, and WHEREAS said property requires significant rehabilitation before it can be deemed habitable, and WHEREAS successful rehabilitation of the property would contribute to the City's affordable Grousing stock and meet an existing housing need, NOW THEREFORE BE 11 RESOLVED the Community Redevelopment Agency of the City of Palm Springs approves the Owner Participation Agreement with Quality Preferred Corporation. ADOPTED this 20th day of March 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY' OF PALM SPRINGS, CALIFORNIA By Assn. Secretary Chairman REVIEWED AND APPROVED RESOLUTION N0. 761 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708', approving the budget for the fiscal yearl990-91 was adopted on July 11 , 1990; 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 708 adopting the budget for. the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o, 902 0181 7468 $20.000 Title: Low/Moderate Tahquitz- Housing Andreas ' Purpose: To subsidize the rehabilitation of a single family home in the Desert Highland neighborhood. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o. 902 301 $20,000 Title: Low/Moderate Fund Balance Housing Adopted this 20th day of March 19 91, AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: CO MMUNITY REDEVELOPMENT,..AGENCY OF TJiE;;CITY OF PALM S,PR.INGS By r_ y ytl, -- _�._. i,. �Lr a a �l) Secretary - Chairman REVIEWED AND APPROVED 14C RESOLUTION NO. 762 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF THE PALM SPRINGS, CALIFORNIA, APPROVING AN OWNER PARTICIPATION AGREEMENT WITH QUALITY PREFERRED CORPORATION. WHEREAS, the Agency is authorized by Health and Safety Code Section 33380 to enter into agreements with ;owners of real property to participate in the redevelopment of the project in conformity with the redevelopment plan. WHEREAS, pursuant to health and Safety Code Section 33334.2 et. seq. , the Agency is to establish a low and moderate income Ihousing fund and expend funds for such purposes. WHEREAS, the Community Redevelopment Agency of the City of Palm Springs has established an affordable housing setaside fund in accordance with Section 33000 et. seq. of the California Health and Safety Code, and WHEREAS, Quality Preferred Corporation has acquired the property known as 740 Gateway Drive, Parcel No. 669-355-01.3, and WHEREAS, said property is within the Highland Gateway Project Area. WHEREAS, said property requires significant rehabilitation before it can be deemed habitable, and WHEREAS, successful rehabilitation of the property would contribute to the City' s affordable housing stock and meet an existing housing need. NOW THEREFORE BEFORE IT RESOLVED the Community Redevelopment Agency of the City of Palm Springs, approves the Owner Participation Agreement with Quality Preferred Corporat'iono ADOPTED this 4th day of March 1991. AYES: Agency Members Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRIN(aS,,, CALIFORNIA By: Secretary C,hai rman —� REVIEWED AND APPROVED: ___ RESOLUTION No. 763 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708•, approving the budget for the fiscal year1990-91 was adopted on July II , 1990; 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 708 adopting the budget for the 1990-91 Fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o. 902 0181 7468 $5,000 Title'. Low/Moderate Tahquitz- Housing Andreas Purpose: To subsidize the rehabilitation of a single family home in the Desert Highland neighborhood. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o. 902 301 $5,000 Title: Low/Moderate Fund Balance Housing Adopted this 3rd day of April 19 90 AYES: Agency Members Hodges, Murawski , Neel and Vice-Chairman Broich NOES: None ABSENT: Chairman Bono ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF. THE,7CITY OF PALM SPRINGS" ) It a , Secretary Chairman REVIEWED AND APPROVED - RESOLUTION NO. 764 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 703`, approving the budget for the fiscal year1990-91 was adopted on duly 11 , 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 , ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT 0. 815 0184 7666 $575 Title: Oasis Capital Desert Inn Projects Renovation Purpose: To provide funds to -fulfill obligations incurred in the O Desert Inn renovation SECTION 2. SOURCE Fund Balance -�- FUND ACTIVITY ACCOUNT AMOUNT °. 815 301 $575 Title: Oasis Fund Balance Capital Projects Adopted this 17th day of April '19 91 , AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF T,HE;CITY OF PALM SPRIIfr By c_ti".,+ Secretary _~`" Chairman/ REVIEWED AND APPROVED�� C RESOLUTION NO. 765 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING BUDGET FOR PALM SPRINGS UNIFIED SCHOOL DISTRICT IMPROVEMENTS AND FINDING ' THAT SAID IMPROVEMENTS ARE OF BENEFIT TO THE BARISTO-FARRELL REDEVELOPMENT PROJECT AREA (AREA #8) . -------------------------- WHEREAS the Community Redevelopment Agency of the City of Palm Springs ("Agency") and the Palm Springs Unified School District ("District") entered into an agreement on Sept. 17, 1986, to allocate certain funds from the Baristo-Farrell Redevelopment Project Area to construct certain eligible capital improvements to District facilities which benefit the area; and WHEREAS the rehabilitation, construction and/or reconstruction of library, recreational , administrative and classroom facilities are eligible expenditures for use of funds; and WHEREAS pursuant to this Agreement, the District has submitted a budget for $62,852.85 in funds for the 1990-91 Fiscal Year; and WHEREAS the proposed budget's expenditures are eligible as outlined in the Agreement. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of ' the City of Palm Springs, California, as follows: SECTION I . That the proposed budget submitted by the District is hereby approved. SECTION 2. That the proposed improvements identified in the proposed budget are hereby found -to be or benefit to the Baristo-Farrell Redevelopment Project Area and its residents and businesses. ADOPTED this 17th day of A rp i1 , 1991 . AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY -Of PALM SPRINGS, GAE FORNIA By Assistant Secretary Chairman REVIEWED & APPROVED , k -- RESOLUTION NO. 766 OF THE COMMUNITY REDEVELOPMENT AGENCY OF 'THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708', approving the budget for, the fiscal year1990-91 was adopted on July 11 , 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows : SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o, 818 0187 7292 — $17,853 Title: Baristo- High School Farrell Capital Rehabilitation Projects Purpose: To provide funds for high school rehabilitation pursuant to O pass-through agreement SECTION 2. SOURCE Fund Balance FUND ACTIVITY ACCOUNT ` AMOUNT o. 818 301 $17,853 Title: Baristo- Farrell Fund Balance Adopted this 17th day of April 19 911 AYES: Agency Members Broich, Hodges, Mu!rawski , Neel and Chairmbn Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT_AGENCY - !OF THE CITY Of' PALM/SPRINGS Secretary Charrian REVIEWED AND APPROVED ILI_ RESOLUTION NO, 767 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING BUDGET FOR THE RIVERSIDE COUNTY SUPERINTENDENT OF SCHOOLS AND FINDING THAT ' SAID FINANCING IS OF BENEFIT TO THE BARISTO- FARRELL REDEVELOPMENT PROJECT AREA (AREA #8). ------------------------- WHEREAS the Community Redevelopment Agency of the City of Palm Springs ("Agency") and the Riverside County Superintendent of Schools ("District") entered into an agreement on April 16, 1986, to allocate certain funds from the Baristo-Farrell Redevelopment Project Area to construct certain eligible capital improvements to District facilities which benefit the area; and WHEREAS the acquisition of property for public school facilities, district administrative and other support services are eligible expenditures for use of funds; and WHEREAS pursuant to this Agreement, the District has submitted a budget for $9,754.76 in funds for the 1990-91 Fiscal Year and a budget for $6,540.75 in funds for the 1989-90 Fiscal Year; and WHEREAS the proposed budget's expenditures are eligible as outlined in the Agreement. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of ' the City of Palm Springs, California, as follows: SECTION 1 . That the proposed budgets submitted by the District are hereby approved, SECTION 2. That the proposed financing identified in the proposed budgets is hereby found to be of benefit to the Baristo-Farrell Redevelopment Project Area and its residents and businesses. ADOPTED this 17th day of April , 1991 . AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY_OF PALM SPRINGS, CAL—ORNIA By Assistant Secretary Chairman REVIEWED & APPROVED ,. RESOLUTION NO. 768 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING BUDGET FOR COACHELLA VALLEY COMMUNITY COLLEGE DISTRICT IMPROVEMENTS AND FINDING THAT SAID IMPROVEMENTS ARE OF BENEFIT TO THE BARISTO-FARRELL REDEVELOPMENT PROJECT AREA (AREA #8). --------------- WHEREAS the Community Redevelopment Agency of the City of Palm Springs ("Agency") and the Coachella Valley Community College District ("District") entered into an agreement on June 5, 1986, to allocate certain funds from the Baristo-Farrell Redevelopment Project Area to construct certain eligible capital improvements to District facilities which benefit the area; and WHEREAS pursuant to this Agreement, the District has submitted a budget for $17,951 .00 in funds for the 1990-91 Fiscal Year; and WHEREAS the proposed budget' s expenditures are eligible as outlined in the Agreement. NOW, THEREFORE, BE IT RESOLVED by the, Community Redevelopment Agency of the City of Palm Springs, California, as follows: SECTION 1 . That the proposed budget submitted by the District is hereby approved. SECTION 2. That the proposed improvements identified in the proposed budgets are hereby found to be of benefit to the Baristo-Farrell Redevelopment Project Area and its residents and businesses. e ADOPTED this 17th day of _m Apr'i1 TR , 1991 . AYES: Agency Members Broich, Hodges, liurawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: C011MINITY REDEVELOPMENT AGENCY CITY..:O,F PALM SPRINGS . " CALIFORNIA f By Assistant Secretary Chairman REVIEWED & APPROVED ��e _— RESOLUTION NO. 769 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 706', approving the budget for the fiscal yearl990-91 ' was adopted on July 11 , 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o. 818 0187 7393 $5,451 Title: Baristo- College of the Farrell Capital Desert Projects Purpose: To provide funds for capital improvements at College of the Desert: pursuant to pass-through agreement. SECTION 2. SOURCE Fund Balance FUND ACTIVITY ACCOUNT AMOUNT 0. 818 301 $5,451 Title: Baristo-Farrell Fund Balance Adopted this 17th day of April 19 91. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM,SP�,IFIGS Secretary Chairman ' REVIEWED AND APPROVED__l_ `� 7 r" RESOLUTION NO. 770 OF THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY APPROVING TERMS OF AN EXCLUSIVE AGREEMENT TO NEGOTIATE WITH CANYON DEVELOPMENT. WHEREAS the City Council of the City of Palm Springs has heretofore adopted Resolution No. 17200 designating a survey area for redevelopment study pursuant to the provisions of the California Community Redevelopment Law; and WHEREAS the City Council of the City of Palm Springs did amend the survey area boundaries by Resolution No. 17244 on September 5, 1990, and further amended the survey area boundaries by Resolution No. 17304 on October 17, 1990; and WHEREAS at a regularly scheduled public meeting of the Palm Springs Redevelopment Agency on November 21 , 1990, by Resolution #739, the Redevelopment Agency did consider and approve the Canyon Redevelopment Project Area boundaries and the Preliminary Redevelopment Plan for the Canyon Redevelopment Project Area, a copy of which is on file in the office of the City Clerk of the City of Palm Springs and incorporated herein by reference; and WHEREAS the Redevelopment Agency designated the Fiscal Year 1990-1991 equalized assessment role for• the allocation of taxes that will comply with Sections 33670 and 33670.5 of the California Health and Safety Code; and WHEREAS Canyon Development has requested an exclusive agreement to negotiate with the Redevelopment Agency to define potential Redevelopment assistance to 'the developer to make the project economically feasible. e NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1 . That the Redevelopment Agency pass back to the developer ninety-five per cent (95%) of the CRA's net tax increment created from the Canyon Redevelopment Project after the up-to-20% low/mod housing fund has been set aside until the developer' s financial performance allows them to be rebated five-hundred Million dollars ($500,000,000) in the aggregate. Section 2. That the Redevelopment Agency pass back to the developer up to fifty million dollars ($50,000,000) , which represents the developer's investment in low/mod housing both on and off site. Said $50,000,000 shall come from the CRA' s housing set aside fund, generated by this project, and shall be from the first dollars paid to the set aside housing fund from this project. Section 3. That this constitutes agreement on the above terms, subject to the adoption of the Redevelopment Plan for the Canyon Project Area. Section 4. That staff be instructed to prepare a Development Agreement with Canyon Development for consideration by the Agency. Section 5. That the City Attorneylbe directed to prepare a development agreement which constitutes a debt of the Redevelopment Agency and an agreement with the City of Palm Springs and Canyon Development regarding the rebated funds, as agreed to in the respective resolutions and subject to the adoption of the Specific Plan Application and the Redevelopment Plan for Canyon Project Area. CRA Resolution 770 Exclusive Agreement/Canyon Development April 17, 1991 Page 2 ADOPTED this 17th day of April 1991 by the following vote: AYES: Agency Members Broich, Murawski , Neel and Chairman Bono NOES: Agency Member Hodges ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY,OFiPALM SPRINGS-,`GhLIFORNI,A By Assistant Secretary Chairman I' `T REVIEWED AND APPROVED Jp RESOLUTION NOe 771 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, REPAYING $45,000 IN LOANS TO THE GENERAL FUND (PA#6) . WHEREAS the Community Redevelopment Agency of the City of Palm Springs, California, has previously obtained loans from the General Fund to provide monies for various redevelopment projects and WHEREAS the Agency now requests to repay a portion of these loans in order to reduce the amount of its indebtedness in the North Palm Canyon Project Area. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Palm Springs, California, as follows: Section 1 . Directs $45,000 in repayment of loans from the Community Redevelopment Agency to the General Fund. Section 2. That proceeds of the repayment are to be used to reduce the principal balance of the $180,000 loan from the General Fund, approved by Resolution No. 16295 on September 16, 1987, from $90,000 to $45,000. ADOPTED this 1st day of May 1991 - AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY_OF PALM SPF;IN,GS- CALIFORNIA By - —__� _e -v- -�- Assistant Secretary Chairman REVIEWED & APPROVED RESOLUTION NO. 772 OF TI4E COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR, WHEREAS Resolution 708', approving the budget for the fiscal yearl990-91 was adopted on July 11 , 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o. 111 301 $45,000 Title: General Fund Fund Balance ' Purpose: To repay a portion of ]®an approved by Resolution No. 487 on 9/2 /87 (third principal payment). SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT 0. 846 0185 4655 $45,000 Title: Debt Service N. Palm Canyon Principal Adopted this 1st day of May 1991 , AYES: Agency Members Broich, I-lodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF 3—HE-,-CITY OF PALM S,PR`INGS J By = ti Secretary Chairmah"' �" REVIEWED AND APPROVED_ L(£ ;?,, ���� RESOLUTION NO. 773 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ACCEPTING A $200,000 LOAN FROM THE WASTEWATER FUND , TO THE CENTRAL BUSINESS DISTRICT TO PROVIDE FUNDING FOR CAPITAL PROJECTS WITHIN THE CENTRAL BUSINESS DISTRICT. WHEREAS the Community Redevelopment Agency of the City of Palm Springs, California, has and will incur expenses in the Central Business District Project for capital projects; and WHEREAS $200,000 has been requested by ,the Community Redevelopment Agency for 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 $200,000 loan from the Wastewater Fund to the Community Redevelopment Agency of the City of Palm Springs, California at 8% interest. The allocations 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 reduce the negative cash balance in the CBD fund balance and to fund certain improvements to the Plaza Theatre. The loan is to be repaid from tax increment. ADOPTED this 1st day of Mav 1991. e AYES: Agency Members Broich, Murawski , Neel and Chairman Bono NOES: Agency Member Hodges ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA By Assistant Secretary Chairman -�� REVIEWED AND APPROVED o' O RESOLUTION NO. 774 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708', approving the budget for the fiscal yearl990-91 ' was adopted on July 11 , 1990: 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT 0 841 0180 4656 2,700 921 0180 7609 20,000 Title: 921 0180 4210 4,000 CBDJPlaza Theatre Interest expense Plaza Theatre Renovation Utilities Purpose: Fund Balance SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o• 811 I 301 26,700 Title: CBD Capital Projec s Fund Balance Adopted this _ 1st day of May , '1991 AYES: Agency Members Broich, Murawski , Neel and Chairman B8no NOES: Agency Member Hodges ABSENT: None ' ATTEST: COMMUNITY REDLEVELyOPMENT.AG-E`NCY J OF THE %CITY OF PALM SPRiNIGS By Secretary Chairman REVIEWED AND APPROVED RESOLUTION NOe 775 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, REPAYING $30,700 AND $126,300 IN LOANS TO THE GENERAL FUND. WHEREAS the Community Redevelopment Agency of the City of Palm Springs, o California, has previously obtained loans from the General Fund to provide monies for various redevelopment projects; and WHEREAS the Community Redevelopment, Agency now requests to fully repay these loans in order to reduce the amount of its indebtedness in the North Palm Canyon and Baristo-Farrell Project Area. NOW, THEREFORE, BE IT RESOLVED by the , Community Redevelopment Agency of the City of Palm Springs, California, as -follows: Section 1 . Directs $157,000 in repayment of loans from the Community Redevelopment Agency to the General Fund. Section 2. That proceeds of the repayment are to be used to fully repay the following loans: 1 ) The $17,200 loan approved by Resolution No. 343 on June 19, '1985; 2) The $13.,500 loan approved by Resolution No. 350 on July 31 , 1985; and 3) The $126,300 loan approved by Resolution No. 495 on October 21 , 1987. ADOPTED this lct day of Via , , 1991 . AYES: Agency Members Broich, Muraws'l(i , Neel and Chairman Bono NOES: Agency Member Hodges ABSENT: None ABSENT: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, 'CALIFORNIA By _ v � --- �'G Assistant Secretary Chairmdn REVIEWED & APPROVED _ ✓_� -_ _ � ` ( — C ` �/ RESOLUTION NO. 776 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708', approving the budget for the fiscal yearl990-91 ' was adopted on July II , 1990; and WHEREAS the Executive Director has recommended, and the Agency desires to approve, certain amendments to said budget; NOW T1IEREFORE 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT 301 $157,000 Title: General Fund Fund Balance ' Purpose: To fully repay 3 loans to the Agency From the General Fund SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o. 846 301 30,700 848 301 126,300 Title: North Palm Canyon Fund -Balance Baristo-Farrell Adopted this 1st day of May 1991 , AYES: Agency Members Broich, Murawski , Neel and Chairman Bono NOES: Agency Member Hodges ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF TV'(C CITY OF PALM S.R NGS BX — s "Secretary ~� \ ,C�hair[iian REVIEWED AND APPROVED_.___/j��. RESOLUTION NO. 777 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BYLAWS FOR THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM. SPRINGS. WHEREAS, Health and Safety Code section 33114 . 5 provides that whenever the legislative body of a city having O a population of less than 200, 000 declares itself to be the redevelopment agency, the legislative body members shall receive compensation not exceeding thirty dollars per member for each meeting of the agency attended by the member ; and WHEREAS, the City of Palm Springs has a. population of less than 200 , 000 , and the City; Council has declared itself to be the redevelopment agency. NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs , that the Bylaws of the Agency, attached and incorporated herein as Exhibit A, are hereby amended to add Section 29 , which reads as follows : Section 29 . Compensation. The Agency Members shall receive such per diem compensation as the City Council shall determine, but said compensation shall not exceed $30 . 00 per Member for each meeting of the Agency attended by the Member . No Member shall receive compensation for attending more than four meetings of the Agency during any calendar month. in addition, Members shall receive their actual and necessary expenses, including traveling expenses incurred in I the discharge of their duties . ADOPTED this ].st day of MaV , 1991 . AYES. Agency Members Broich, I-lodges and Murawski NOES. Agency member Neel and Mayor Bono ABSENT: None ATTEST: COMMUNITY REIDEVELOPMENT„AGENCY CITY OF PALM SPRINGS; ,,' CALIFORNIA ✓ .-- _ : B Secretary airman REVIEWED & APPROVED 9/425/014084-0012/002 RESOLUTION NO. 778 OF THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY RESCINDING RESOLUTION NO. 770 CONCERNING APPROVAL Or CERTAIN TERMS OF AN EXCLUSIVE AGREEMENT TO NEGOTIATE WITH CANYON DEVELOPMENT WHEREAS, on April 17, 1991, at a regular meeting thereof, the Community Redevelopment Agency of the City of Palm Springs (the "Agency") adopted Resolution No. 770 titled "Resolution No. 770 of the Palm Springs Community Redevelopment Agency Approving Terms of an Exclusive Agreement to Negotiate with Canyon Development"r and WHEREAS, Resolution No. 770 approved in concept the general terms of a proposed exclusive agreement to negotiate with Canyon Development concerning a proposed project by Canyon Development in the proposed Canyon Redevelopment Project Area, including certain terms relating to a pledge of net tax increment from the proposed project area; and WHEREAS, following adoption of Resolution No. 770, a question arose concerning the manner in which consideration of Resolution No. 770 was placed on the agenda for the meeting; and WHEREAS, the Agency has determined that it is in the best interests of the Agency and the community, in light of the procedural question, to rescind Resolution No. 770, and to readdress the subject .matter contained in Resolution No. 770 by subsequent action. NOW, THEREFORE, BE IT RESOLVED by the Community ' Redevelopment Agency of the City of Palm Springs as follows: e IL9n le That Resolution No. 770 is hereby rescinded. ADOPTED this 1st day of _Jay , 1991 by the following votes AYES; Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT; None ATTEST: COMMUNITY REDEVELOPMENT AGENCY y CITY OF PALM SPRINGS_-? l Assistant Secretary Chairman REVIEWED AND APPROVED: T � � 0/394/014084.0006/014 RESOLUTION HO, 779 OF THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY APPROVING CERTAIN OF TSE TERMS OF A PROPOSED EXCLUSIVE AGREEMENT WITH CANYON DEVELOPMENT WHEREAS, the City Council of the City of Palm Springs has heretofore adopted Resolution No. 17200 designating a survey area for redevelopment study pursuant to the provisions of the California Community Redevelopment Law, and WHEREAS the City Council of the City of Palm Springs did amend the survey area boundaries by Resolution No. 17244 on September S. 1990, and further amended the survey are boundaries by Resolution 17304 on October 17, 1990 ; and WHEREAS at a regularly scheduled public meeting of the Palm Springs Community Redevelopment Agency ( "Agency" ) on November 21, 1990, by Resolution No. 739 , the Agency did consider and approve the Canyon Redevelopment Project Area boundaries and the Preliminary Redevelopment Plan for the Canyon Redevelopment Project Area, a copy of which is on file in the office of the City Clerk of the City of Palm Springs and incorporated herein by reference; and WHEREAS the Agency designated the Fiscal Year 1990-1991 equalized assessment role for the allocation of taxes that will comply with Sections 33670 and 321670.5 of the California Health and Safety Code; and WHEREAS, on April 17, 1991: at a regular meeting thereof, the Redevelopment Agency adopted Resolution No. 770 approving certain financial terms to be incorporated in a e development agreement with Developer; and WHEREAS, following adoption of Resolution No. 770, a question arose concerning the manner in which consideration of Resolution No. 770 was placed on the agenda for the Agency ' s April 17, 1991 meeting; and WHEREAS, the Agency determined it was in the best interests of the Agency and the community, in light of the procedural question, to rescind Resolution No. 770, and to readdress the subject matter contained in Resolution No. 770 by subsequent action; and WHEREAS, at its regular meeting of may 1, 1991, the Agency adopted Resolution No. 778 rescinding Resolution No. 770 and then reconsidered Lhe subject matter of said Resolution, and reviewed and considered all of the information, evidence, and testimony presented on the matter. NOW, THEREFORE, BE -?T RESOLVED by the Community Redevelopment agency of the City of Palm Springs as follows : Sectipn 1. That the Agency agrees in concept to the following terms to be included in an agreement with Developer to provide financial and other assistance to undertake the project contemplated by Developer, subject to the terms herein: A. That the Redevelopment Agency contribute financially to the redevelopment project proposed by Res. 779 Developer by rebating to Developer ninety-five percent ( 95% ) of the Agency' s net property tax increment created from the Canyon Redevelopment Project up to a maximum cumulative rebate of five hundred million dollars ($500, 000,000. 00) . As used herein, the term "net property tax increment created from the Canyon Redevelopment Project" means one hundred percent (100%) of the property tax revenues derived from the Canyon Redevelopment Project Area that are allocated to and paid to the Redevelopment Agency pursuant to California Health and Safety Code Section 33670(b) , or successor statute, less any portion of such revenues ( i ) Agency is required by Health and Safety Code Section 33334. 2, or successor statute, to set aside for low- and moderate-income housing purposes, (ii) Agency is obligated by statute or agreement to pay affecting taxing entities, ( iii) Agency is required by law to set aside for other purposes, and ( iv) Agency has pledged for payment of bonded indebtedness. H. That the Redevelopment Agency provide to Developer the first monies which the Agency sets aside in the Agency' s Low and Moderate Income Housing Fund as a result of Developer 's project, pursuant to Health and Safety Code Section 33334 . 2 or successor statute, up to a maximum cumulative total of fifty million dollars ($50,000 ,000 .00) . SectionZ . That staff and the City Attorney be instructed to prepare an exclusive agreement to negotiate, and/or a development agreement with Developer, which agreement would constitute a debt of the Redevelopment Agency and an agreement with the City of Palm Springs and Developer regarding the rebated funds. Section 3. That the terms set forth in Section 1 of this Resolution constitute the basic financial terms to be set forth in the proposed agreement(%) with Developer . Such agreement is subject to the following terms and conditions : A. Adoption of the Redevelopment Plan for the Canyon Redevelopment Project Area. H. Adoption of the Specific Plan Application and other land use approvals . C. The outcome of negotiations with the affected taxing agencies. D. That, for the period of the proposed Redevelopment Plan for the Canyon Redevelopment Project Area, the Agency rebate to Developer Seven Cents ($0 . 07) collected from transient occupancy tax revenues produced by Developer ' s proposed hotel to be located in the proposed Canyon Redevelopment Project Area, to the extent legally permitted, and pursuant to such ordinance as may be adopted by the Agency in accordance with Revenue & Taxation Code Section 7280. 5. E, Provisions to assure that Developer timely constructs the improvements and develops the project. F. Other terms and conditions typical of a disposition and development agreement. G. Inclusion of a term requiring Developer to pay into an advertising fund exclusively for the Visitors Promotional 8'und for paid advertising only for the promotion of the City of Palm Springs. Said Fund shall be paid by Developer in an amount equal to the following: In the first -2- Res. No. 779 year after the hotel has commenced operation, Two Hundred Fifty Thousand Dollars ( $2$0,000) shall be paid into the said Fund. In year two, Three Hundred Thousand Dollars ($300,000) shall be paid into said Fund; and in all successive years for the life of the Redevelopment Plan for the Canyon Redevelopment Project Area, Developer shall pap Five Hundred Thousand Dollars ($,5001000) per annum into said Fund. 8, The Redevelopment Agency ' s final review and approval of such agreement. ADOPTED this —1st day of May , 1991 by the following vote: AYES: Members Broich, Murawski , Neel & Bono NOES: Member Hodges ABSENT: None ATTESTS COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPR.ING92 By:� Assistant ecretary rman I REVIEWED AND APPROVED: 8/394/014094-0006/017 -3- RESOLUTION NO. 780 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708', approving the budget for the fiscal yearl990-91 was adopted on July 11 , 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o. 818 0187 7544 $103,692 Title: Baristo-Farrell K-Roo Development Capital Projects Agreement Purpose: To provide funds to make payments pursuant to agreement with K-Roo Corporation (P.S. Mall ) SECTION 2. SOURCE Baristo-Farrell Fund Balance FUND ACTIVITY ACCOUNT AMOUNT o. 818 301 $103,692 Title: Baristo-Farrell Fund Balance Capital Projects Adopted this 15th day of May 19 91 AYES: Agency Members Broich, Hodges, hlurawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPR)NGS BY . Secretary Chairman REVIEWED AND APPROVED `Q —� RESOLUTION NO. 781 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708. approving the budget for the fiscal yearl990-91 was adopted on July 11 , 1990; 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 7018 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY w ACCOUNT AMOUNT 0 902 0181 7650 $130,000 Title: Low/Moderate Tahquitz/Andreas ' Preservation of Income Housing Fun At Risk Units Purpose: To provide a short term, no interest loan to Coachella Valley o Housing Coalition to secure financing for Coyote Run Apartments; to be repaid on or before November 1, 1991. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o. 902 301 Fund Balance $130,000 Title: Low/Moderate Income Housing Fun Adopted this 15th day of May •fig 91, AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE-CITY OF PALM S,PR'ING'S v r, Secretary l�r Ch i rman'' . " REVIEWED AND APPROVED JCL �• %f C _ - RESOLUTION NO. 782 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A LOAN AND BUDGET AMENDMENT IN THE AMOUNT OF $130,000 TO THE ' COACHELLA VALLEY HOUSING COALITION FOR THE COYOTE RUN APARTMENTS. WHEREAS, pursuant to Health and Safety Code Section 33334.2 et. seq. , the Agency is to establish a low and moderate income housing setaside fund and expend funds for such purposes; and WHEREAS, the Community Redevelopment Agency of the City of Palm Springs has established an affordable housing setaside; and WHEREAS, the Coachella Valley Housing Coalition has obtained Rental Housing Construction Program and Tax Credit financing from the State of California for an affordable management project, and WHEREAS, the State of California requires a refundable deposit of $130,000 to reserve the Tax Credit financing: NOW THEREFORE BE IT RESOLVED that the Community Redevelopment Agency of the City of Palm Springs does approve a loan with the Coachella Valley Housing Coalition for $130,000 for deposit with the State of California to reserve Tax Credit Financing, in a form to be approved by the City Attorney, and to be repaid on or before November 1, 1991. ADOPTED this 15th day of May , 1991. ' AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: CITY_O.F PALM SPRINGS,—CALIFORNIA —Asst. Secretary Chairman REVIEWED & APPROVED: h/14 RESOLUTION NO.783 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS CONSENTING TO A, JOINT PUBLIC HEARING WITH THE CITY COUNCIL OF THE CITY OF PALM SPRINGS WITH RESPECT TO THE REDEVELOPMENT PLAN FOR THE CANYON REDEVELOPMENT PROJECT AREA AND THE ENVIRONMENTAL IMPACT REPORT PREPARED IN CONNECTION THEREWITH WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ( "Agency") has initiated proceedings for the adoption of a Redevelopment Plan for the Canyon Redevelopment Project Area: NOW, THEREFORE, the Community Redevelopment Agency of the City of Palm Springs hereby resolves as follows: Section 1. The Agency consents to a joint public hearing with the City Council of the City of Palm Springs on the proposed Redevelopment Plan for the Canyon Redevelopment Project Area and the Environmental Impact Report prepared in connection therewith, at the following time and place: DATE: June 19, 1991 TIME: 7:30 pm PLACE: City Hall 3200 Tahquitz Canyon Palm Springs,, CA 92262 Section 2. The Secretary, in cooperation with the City Clerk, is authorized and directed to give notice of such joint public hearing in the form and manner required by law. ADOPTED BY THE COMMUNITTY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS ON 11 , 1991. AYES: Agency Members Broich, Nodge,s, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA. Asst secretary Ch.airmani RESOLUTION NO. 784 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA AUTHORIZING THE TRANSFER OF CERTAIN REAL PROPERTIES OF THE DESERT HIGHLAND ESTATES TRACT KNOW AS LOTS 67 AND 105 ' (ASSESSORS PARCEL NUMBERS 669-412-007 AND 669-396-007) IN SECTION 35 IN THE HIGHLAND GATEWAY REDEVELOPMENT PROJECT (PA#7) TO THE COACHELLA VALLEY HOUSING COALITION FOR USE IN THE SELF HELP HOUSING PROGRAM. WHEREAS, the City Council has designated itself as a Community Redevelopment Agency and taken necessary action in accordance with State Law to initiate a redevelopment program in the Highland-Gateway Project Area; and WHEREAS, the Community Redevelopment Agency has contracted with the Coachella Valley Housing Coalition for a Self Help Housing program in the project area; and WHEREAS, the Community Redevelopment Agency acquired certain real properties known as lots 67 and 105 of the Desert Highland Estates Tract (Assessors Parcel Numbers 669-412-007 and 669-396-007) specifically for use in the Self Help Program; NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California, as follows: ' 1. The Executive Director of the Agency is authorized to transfer certain real properties known as lots 67 and 105 of the Desert Highland Estates Tract (Assessor's Parcel Numbers 669-412-007 and 669-396-007) to the Coachella Valley Housing Coalition as part of the Self Help Housing Program. 2. There shall be no cost to the Coachella Valley Housing Coalition for the lots. ADOPTED this 5th day of June 1991 AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: REDEVELOPMENT AGENCY CITY OF PALM SPRINGS,_ CALIFORNIA BY: -- J<, _.- ,� ? y ?✓� :,�,�1 ,� Yn�r�� "fir Asst. Secretary EXECUTIVE DIRECTOR 1 REVIEWED & APPROVED:�_G� h/20 r�'f Res 784 LEVEE A DESERT HIGHLAND ® PARK 5 10 � 6 I-GO ON 7 �1 ai rt N !1 8 ve cL ¢z"13 wmlxwwi 9 14 L 1 � 3 uu 17 19 GAP i yO 18 2122==: 11 STq rF m !0 M 24 p ■ 9F HIGHLAND GATEWAY REDEVELOPMENT PROJECT AREA CITY OF PALM SPRINGS CASE NO. ORD, NO. RESOL. NO. APPLICANT OA7E APPROVrD 77 PLAt COMM. REMARKS DATE APPROVED BY COUNCIL RESOLUTION NO. 785 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ACCEPTING A $330,000 ' LOAN FROM THE WASTEWATER FUND TO THE CENTRAL BUSINESS DISTRICT TO RESTORE THE FUND TO A POSITIVE CASH POSITION AND FUND CERTAIN IMPROVEMENTS. ---------------- WHEREAS the Community Redevelopment Agency of the City of Palm Springs, California, has and will incur expenses in the Central Business District Project Area for capital projects; and WHEREAS $330,000 has been requested by the Community Redevelopment Agency to cover the shortfall between revenues and expenditures. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California, as follows: Section 1 . Accepts a $330,000 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 reduce the negative cash balance in the CBD Fund Balance and to fund certain improvements in the CBD. The loan is to be repaid from tax increment. ADOPTED this 5th day of June 1991 . AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA By Assistant Secretary Chairman REVIEWED & APPROVED <� ( 0- -C 1 RESOLUTION NO. 786 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708', approving the budget for the fiscal year1990-91 was adopted on July 11 , 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT 841 0180 4656 1 ,650 No. 811 0180 4350 5,500 811 0189 4298 45,000 Title: Interest Expense CBD-Capital Projects iContractual Svs. llonte Vista-O. E. Purpose: To cover one (1 ) month of interest expenses - FY 90-91 , fiscal agent fees and Monte Vista operating expense shortfall . SECTION 2. SOURCE CBD Fund Balance FUND ACTIVITY ACCOUNT AMOUNT No. 811 301 52,150 Title: CBD Fund Balance Capital Projects Adopted this 5th day of June 1991 . AYES: Agency Members Broich, Hodges, Hurawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY ✓" OF THE1 CITY JOF PALM SPR14j.GS By 0 sst Secretary Chairman REVIEWED AND APPROVED `fi 7 RESOLUTION NO. 787 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA APPROVING THE REPORT TO COUNCIL PREPARED FOR THE CANYON REDEVELOPMENT PLAN AND AUTHORIZING THE EXECUTIVE DIRECTOR OF THE AGENCY TO TRANSMIT THE REPORT AND THE REDEVELOPMENT PLAN TO THE CITY COUNCIL. ------------------- WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ("Agency") has prepared a proposed redevelopment plan for the Canyon Redevelopment Project Area ("Canyon Redevelopment Plan") ; and WHEREAS, Health and Safety Code Section 33352 requires that a redevelopment plan submitted by a redevelopment agency to the legislative body shall be accompanied by a report containing the following documents: (1) a statement of the reasons for the selection of the project area, a description of the specific projects then proposed by the Agency and a description of how these projects will improve or alleviate the physical, social and economic conditions existing in the proposed project area; (2) a description of the physical, social and economic conditions existing in the proposed project area; (3) a statement of the proposed method of financing the redevelopment of the project area in sufficient detail, so that the legislative body may determine the economic feasibility of the ' redevelopment plan; (4) a method of plan for the relocation of families and persons to be temporarily or permanently displaced from housing facilities in the project area; (5) an analysis of the preliminary plan; (6) the report and recommendations of the Planning Commission; (7) the minutes of meetings of the project area committee if any; (8) the report of the Planning Commission concerning the conformity of the proposed Redevelopment Plan with the city's General Plan; (9) the final environmental impact report; (10) the report prepared by the County fiscal officer pursuant to Health and Safety Code Section 33328; (11) the report of the fiscal review committee, if any; CRA Resolution 787 Canyon Redev. Plan/Exec. Dir. Page 2 (12) if the project area contains low- or moderate-income housing, a neighborhood impact report that conforms to the requirements of Health and Safety Code Section 33352 (1) ; and (13) an analysis by the Agency of the report of the County fiscal officer including a summary of the consultation of the Agency or the Agency's attempt to consult with each of the taxing entities, and an analysis of the report of the fiscal review committee including the Agency's 'response to said report and, at the discretion of the Agency, any proposed measures to mitigate the fiscal impacts asserted by the taxing entities;; and WHEREAS, the Agency has prepared a report conforming to the requirements of Health and Safety Code Section 33352 (the "Report") for the proposed Canyon Redevelopment Plan; and WHEREAS, the Agency has reviewed the report prepared for the Canyon Redevelopment Plan. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. The report to Council, attached hereto as Exhibit "A" and by this ;reference incorporated herein, conforms to the requirements of the Community Redevelopment Law 'and is .hereby approved as the Agency's report to accompany submission of the Canyon Redevelopment Plan to the City Council, pursuant to Health and Safety Code Section 33352 . 0 Section 2 . The Executive Director is hereby authorized and directed to transmit to the City Council the proposed Canyon Redevelopment Plan accompanied by the report shown in Exhibit. "A"' hereto and by this reference incorporated herein. Section 3 . The Secretary of the Agency shall certify to the adoption of this Resolution. ADOPTED this 19th day of June , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS,,­CALIFORNIA y y By y Assistant Secretary Chairman REVIEWED & APPROVED RESOLUTION NO. 787A OF THE CITY OF PALM SPRINGS, CALIFORNIA COMMUNITY REDEVELOPMENT AGENCY APPROVING OWNER PARTICIPATION RULES FOR THE CANYON REDEVELOPMENT PROJECT AREA. -------------------------- WHEREAS the City of Palm Springs Community Redevelopment Agency is considering the adoption of a Redevelopment Plan for the Canyon Redevelopment Project Area; and WHEREAS Sections 33339 and 33340 of the Health and Safety Code require the Redevelopment Agency to establish rules and guidelines for implementing owner participation opportunities in a Redevelopment Project Area, a copy of which rules are on file in the office of the City Clerk of the City of Palm Springs and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1 . That the Owner Participation Rules for the Canyon Redevelopment Area are hereby approved. Section 2. That a copy of the Owner Participation Rules be kept in the office of the City Clerk for public scrutiny. ADOPTED this llth day of June , 1991 , by the following vote: ' AYES: Agency Members Broich, Hodges, Murawski & Chairman Bono NOES: None ABSENT: Agency Member Neel ATTEST: COMMUNITY REOEVE ME S- AGENCY %xeu F PALM SQA G$ . FORNIA By S cretary e irecto REVIEWED AND �PPROVED /C C r ---a� RESOLUTION NO. 788 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS FINDING AND DETERMINING THAT THE PUBLIC INTEREST, CONVENIENCE, AND NECESSITY REQUIRE THE ACQUISITION OF CERTAIN REAL PROPERTY FOR REDEVELOPMENT PURPOSES AND ALL USES APPURTENANT THERETO. * * * * * * * * * * WHEREAS, on May 1, 1991, after no less than 15 days written notice to the owners of property described hereafter, as those owners appeared on the last equalized County assessment roll , the Community Redevelopment Agency held a hearing for the purpose of allowing the owners of the property a reasonable opportunity to appear and be heard on the following matters: a. Whether the public interest and necessity require the project; b. Whether the project is planned or located in a manner which is most compatible with the greatest public good and the least private injury; and c. Whether the property proposed to be acquired is necessary for the project; and WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, as a result of said hearing, has determined that the public health, safety, and welfare required the acquisition by the Community Redevelopment Agency of those parcels of real property, more particularly described in Exhibit "A" attached hereto and by this reference made a part hereof, and for the purpose of redevelopment in accordance with the provisions of the North Palm Canyon Redevelopment Area Plan, to eliminate blight, and to devote to other related public purposes; and ' WHEREAS, the Community Redevelopment Agency has determined that the project for which the property is to be taken, construction of a medical rehabilitation facility, is exempt from the provisions of the California Environmental Quality Act by virtue of CEQA regulation Section 15269, in that the lack of adequate medical facilities currently existing within the City presents a potential emergency situation; NOW, THEREFORE, be it resolved that the Community Redevelopmlent Agency of the City of Palm Springs does hereby find, determine, and declare based upon the evidence before the Agency, as follows: Section 1. The properties to be acquired are located within the City of Palm Springs, County of Riverside, State of California, consisting of 3 , lots on the north side of Paseo E1 Mirador, 1 , lots west of Avenida Palos Verde, and are more specifically described in the legal description attached hereto as Exhibit "A". Section 2. That the public interest, convenience, and necessity require the acquisition by the Agency of fee simple title in and to this property. The public interest and necessity require the public project, to wit: redevelopment and elimination of blight in accordance with the provisions of the North Palm Canyon Redevelopment Plan, including construction of a medical rehabilitation facility and/or such other uses as are consistent with the Redevelopment Plan, which will replace existing under utilized property. The location of the planned medical rehabilitation facility project is planned in a manner which will be most compatible with C"- 0. - 2 Community Redevelopment Agency RES. OF NEC. ACQUIRE PROPERTY NO. 788 May 1 , 1991 Page 2 oea-a -3 the greatest public good and the least private injury, because the rehabilitation facility is located near existing medical facilities, and will provide an integrated facility in connection with the desert hospital complex. The taking of fee simple in this property is necessary for the project, and is authorized by Section 9 of Article L of the California Code of Civil Procedure', and Section 33391 of the Health & Safety Code. Section 3. The acquisition of said property shall be submitted to and reported upon to the Community Redevelopment Agency by the City of Palm Springs Planning Commission as to conformity with the City's adopted General Plan pursuant to Section 65402 of the California Government Code. Section 4. The offer required by Government Code Section 7267.2 has been made to the owners of record of the property to be acquired, by letter dated January 4, 1991, and the Agency has made all reasonable efforts to reach a negotiated acquisition. Section 5. The project is exempt from CEQA under Regulations Section 15269, in that the Agency is acting to prevent a potential emergency situation resulting from the lack of sufficient medical facilities in the City. Section 6. The Community Redevelopment Agency of the City of Palm Springs does hereby declare that it is its intention to acquire said property in its name in accordance with the provisions of the laws' of the State of California with reference to condemnation procedures. Section 7. The law firm of Rutan 8, Tucker is hereby authorized and directed to prepare, institute, and prosecute in the name of the Community Redevelopment Agency such proceedings, in the proper court having jurisdiction thereof, as may be necessary for the acquisition of the fee interest to said property. Said counsel are also authorized and directed to obtain any necessary order of the court granting to the Agency the right of immediate possession and occupancy of the property. Section 8. The Secretary of the ' Community Redevelopment Agency of the City of Palm Springs shall certify to the adoption of this Resolution. ADOPTED this 19th day of . Jun 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By Y. Assistant Secretary Mayor REVIEWED & APPROVED Z Res. No. 788 EXHIBIT "A" LEGAL DESCRIPTION Assessor's Parcel # 507-063-012 Lots 25 and 26 and the west half of Lot 24 of John Mel Tract, as shown by map on file in Book 13, Page 18 of Maps, Records of Riverside County, California. Assessor's Parcel # 507-063-008 Lot 27 of John Mel Tract, as shown by map on file in Book 13, Page 18 of Maps, Records of Riverside County. Mr. Alfred C. Cavagnaro, Esq. 582 Market Street Suite 708 San Francisco, CA 94104 Attorney for Gloria Sara Cohan, a Single Woman and Sheila Bliss Duffy, her daughter, an unmarried woman as Joint Tenants, with rights of survivorship The estate or interest in the land hereinafter described or referred to covered by this report is: A Fee Title to Said Estate or Interest at the date hereof is vested in: GLORIA SARA COHAN, a single woman SHEILA BLISS DUFFY, her daughter, an unmarried woman AS JOINT TENANTS, WITH RIGHTS OF SURVIVORSHIP 1 � RESOLUTION NO. 789 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ACCEPTING A $297 , 000 LOAN FROM THE WASTEWATER FUND TO THE CENTRAL BUSINESS DISTRICT TO PAY SETTLEMENT COSTS IN THE CRA OF THE CITY OF PALM SPRINGS VS. WILLARD ET AL SUIT (CASE' NO. INDIO 54378) . WHEREAS the Community Redevelopment Agency of the City of Palm Springs, California, has been ordered to pay setlement costs in the above-entitled matter; and WHEREAS $297, 000 has been requested by the Community Redevelopment Agency to cover the court ordered judgement. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California, as follows: Section 1. Accepts a $297, 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. The loan will be repayable from'the developer in accordance with the terms of our Development Agreement. Section 2 . That proceeds of the loan will be used to pay the court ordered settlement in the CRA of the: City of Palm Springs vs. Willard et al suit. ADOPTED this 19th day of June , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITXOF PALM SPRINGS, CALIF0RN3A Assistant Secretary Chairman REVIEWED & APPROVED kl04% i I + - RESOLUTION NO. 790 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 708, approving the budget for the fiscal yearl990-91 ' was adopted on July II , 1990; 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 708 adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT 811 0180 7387 o. $297,000 Title: CBD- Plaza de las Capital Projects Flores Purpose: To pay for settlement costs in CRA vs. Willard et al . suit SECTION Z. SOURCE CBD Fund Balance FUND ACTIVITY ACCOUNT AMOUNT o. 841 301 $297,000 Title: CBD Fund Balance i Adopted this 19th day of June 19 91 . AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNIT' ,EDEVILOPMENT AGENCY ; OF THE f Y OF PALM SR-RINGS a Assistant Secretary Chairmam REVIEWED AND APPROVED Ts. cri RESOLUTION NO. 791 �2f "� ✓ 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, 1991-92 WHEREAS a budget for the fiscal year 1991-92 has been prepared by the O 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 $5,772,655 be approved for the following purposes: Capital Pr_oj.ect Debt Service Central Business District $ 554,268 $1 ,110,713 Tahquitz Andreas 292,507 933,711 South Palm Canyon 114,128 45,448 Ramon Bogie 49,056 203,529 Oasis 31 ,234 17,711 North Palm Canyon 63,732 78,811 Highland Gateway 33,362 9,396 Baristo Farrell 317,667 137,580 e Project Area No. 9 33,118 11 ,025 Low & Moderate Income Housing 1 ,479,397 -0- Plaza Theater _256,262 -0- $3,224,731 $2,547,924 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 Redevelopment 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 19th day of lone 1991 . AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF 'THE., CITY OF PALM SPRJ,NGS t , By _.Assistant Secretary —Chairman REVIEWED & APPROVED i r o� RESOLUTION NO. 792 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, TO LEASE PREMISES AT 128 SOUTH PALM CANYON DRIVE TO THE RIFF MARKOWITZ CORPORATION FOR THE PERFORMING ARTS. ' -WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, California, desires to sublease premises at 128 South Palm Canyon Drive, Palm Springs, California; and WHEREAS, Mr. Riff Markowitz of the Riff Markowitz Corporation for the Performing Arts desires to sublease the premises for the purpose of establishing an entertainment center. 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 Community Redevelopment Agency is hereby authorizeQ to enter into a sublease with Mr. Riff Markowitz, Riff Markowitz Corporation for the Performing Arts, on the premises located at 128 South Palm Canyon Drive. Section 2 . Sublease shall be for a period of one year, commencing August 1, 1991 through July 31, 1992 with six options of one year each. ' Section 3 . Sublease provides for the exclusive use of the Plaza Theatre, Karen's Kerner and the courtyard. Section 4 . Rental payments shall be 10% of total gross receipts received by the tenant and/or tenants, sub-tenants, assigns or successor for theatre ticket sales and theatre concession sales. In addition, 10% payments of total fees received by the tenant for licensing the theatre to third parties. Section 5. Rental payment for Karen's Korner shall be at market rate of $1,425 per month, with annual adjustments in proportion to change in Consumer Price Index. Section 6. security deposits as follows: Plaza Theatre - $10, 000, Karen's Korner - $2 , 900. Section 7 . Tenant shall be responsible for all real estate taxes, assessments, personal property taxes and provide $1, 000, 000 insurance coverage as required by the Redevelopment Agency of the City of Palm Springs. Section 8. Tenant has the right to terminate this agreement on ' or before 60 days after the date executes this lease. CRA Resolution 792 Riff Markowitz/Lease July 3 , 1991 Page 2 0 ADOPTED this 3rd clay of Jules , 1991.. AYES: Agency Plembers Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY/' CITY OF PALM SP.RIN'G8;'"CALIFORNIA IN j By -- Assistant Secretary 'Chairman REVIEWED & APPROVED 0 f 0 RESOLUTION NO. 793 OF THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY APPROVING AN EXCLUSIVE AGREEMENT TO NEGOTIATE WITH THE DESERT HOSPITAL CORPORATION. WHEREAS, the Palm Springs Community Redevelopment Agency ("Agency") by Ordinance #1227 , did establish the North Palm Canyon Redevelopment Project Area, a copy of which is on file in the office of the City Clerk of the City of Palm Springs and incorporated herein by reference; and WHEREAS, the Desert Hospital Corporation is seeking to develop a Comprehensive Rehabilitation Center Medical Facility, a portion of which is in the North Palm Canyon Redevelopment Project Area; and WHEREAS, certain assistance is needed from the Community Redevelopment Agency for the development of the rehaailitation facility; and WHEREAS, an Exclusive Agreement to Negotiate has been prepared outlining the terms and conditions to be performed by each party. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: An Exclusive Agreement to Negotiate is hereby approved with Desert Hospital Corporation ("Developer") , which outlines the 'terms under which the Agency and Developer will jointly work to develop a Comprehensive Rehabilitation Center Medical Facility. ADOPTED this 3rd day of July 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By Assistant Secretary Chairman REVIEWED & APPROVED RESOLUTION NO. 794 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING PERSONAL SERVICE CONTRACTS WITH RAY AND EDNA MATLOCK FOR THE MANAGEMENT OF THE MONTEE VISTA HOTEL FOR 30 DAYS (PA /£1/BLOCK 1) AI4D DA'VID AND JAN COKE FOR ASSISTANT MANAGEMENT SERVICES OF THE MONTE VISTA HOTEL FOR 30 DAYS. ------------ I---------- WHEREAS the Community Redevelopment Agency took 'possession of the Monte Vista Hotel, 414 North Palm Canyon Drive, by their action on August 9, 1988, Resolution No. 547; and WHEREAS the Matlocks have been performing the management services at the Monte Vista Hotel for the past two years in a satisfactory manner; and WHEREAS the Cokes have been performing assistant management services at the Monte Vista Hotel for the past four months in a satisfactory manner; and WHEREAS the Agency wishes to continue the operation of said hotel in an orderly manner. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs,' California, does hereby approve the Personal Service Contracts with Ray and Edna Matlock for the management of the Monte Vista Hotel for 30 days and David and Jan Coke for assistant management services of the Monte Vista Hotel for 30 days beginning July 3 , 1991 with an automatic 30--day renewal on A August 3 , 1991. A copy of said agreement is on file in the office of the City Clerk. ADOPTED this 3rd day of July 1991. AYES: Agency Members Broich, Hodgels, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY-,- CITY OF PALM SPRINGS-,-/,CALIFORNIA vy By Assistant Secretary Chairman REVIEWED & APPROVED � , RESOLUTION NO. 795 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA TO APPROVE THE LEASE WITH DRAPER'S & DAMON'S TO LEASE THEIR EXCESS PARKING SPACES AT 205 SOUTH PALM CANYON DRIVE, PALM SPRINGS, CALIFORNIA. + + + + + + + + + + + + + + + + + WHEREAS, the Community Redevelopment Agency desires to lease the excess parking spaces at 205 South Palm Canyon Drive; and WHEREAS, Draper's & Damon's and the Redevelopment Agency entered into a Memorandum of Understanding on September 6, 1990 which terms are reflected in the lease; and WHEREAS, Draper's & Damon's and the Community Redevelopment Agency have agreed to all terms in the lease, 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 Community Redevelopment Agency is hereby authorized to enter into a lease with Draper's & Damon's at 205 South Palm Canyon Drive. ' ADOPTED this 9th day of July , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY f. CITY OF PALM SPRINGS, CALLF�RNIA ' By., ,)�_... �I C Assistant Secretary, Char"rman t REVIEWED AND APPROVED:_ h/15 RESOLUTION NO. 796 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING CONTINUING APPROPRIATIONS FROM FISCAL YEAR 1990-91 TO THE FISCAL YEAR 1991792. WHEREAS the Community Redevelopment Agency of the City of Palm Springs has adopted a budget for the 1990-91 fiscal year; and WHEREAS certain projects budgeted in the 1990-91 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 1991-92 fiscal year, the amount indicated or the final audited unencumbered balances, whichever is the lesser amount, as of June 30, 1991 of the following accounts: Account No. Account Title _ Amount 811--0180-4350 Contractual Services 5, 156 811-0180-7387 Plaza d. l. Flores 24,954 811--0180-7725 Draper's Parking Lot 12 , 000 811-0180-7726 Liebling Prop 50, 000 811-0189-4513 Specialized Equipment 6, 413 813-0182-7278 Belardo Rd Bridge 47,862 813-0182-7729 McKinney Acquis. 84,458 814-0183-7147 Auto Sales Srv. 8, 078 814-0183-7283 Assessment Dist, Asst. 25, 000 816-0185-7286 Sidewalk & Curb 2 , 353 816-0185-7287 Property Upgrade Asst. 37 , 977 816-0185-7317 Casa del Camino 10, 000 817-0186-7289 Vacant Lot Cleanup 27, 300 817-0186-7290 Public ROW Improvement 5, 304 818-0187-7292 High School Rehab 822 818-0187-7293 Street Improvement 38, 190 818-0187-7393 College of the Desert 235 818-0187-7394 Supt. of Schools 873 818-0187-7573 Flood Control 55, 000 819-0188-7626 Ill/Gene Autry 9, 586 902-0181-4501 Land 148 , 532 902-0181-7298 Self Help Housing 000 902-0181-7398 Housing Bond Issue 34, 000 902-0181-7467 Housing Renovation 124, 534 902-0181-7720 Down Payment Assistance 39 , 523 921-0180-7609 Plaza Theatre 4 , 624 All appropriations approved subsequent to passage of this resolution, but prior to the end of the 1990-91 fiscal year. ADOPTED this 17th day of July , 1991 . AYES: Agency Members Hodges, Murawski , fIeel and Vice--Chairman, Broich NOES: Hone ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY' OF THE CITY OF PALM SPRINGS Ass:i,stant Secretary Chairman-" rh��/ REVIEWED & APPROVED RESOLUTION NO. 797 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS ADOPTING THE RELOCATION METHOD FOR THE CANYON REDEVELOPMENT PROJECT AREA. WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ("Agency") has prepared a Redevelopment Plan for the Canyon Redevelopment Project; and WHEREAS, Sections 33411 and 33352 of the California Health and Safety Code require that the Agency prepare a method or plan for the relocation of families and persons to be temporarily or permanently displaced from with said Project Area; and WHEREAS, the Agency has reviewed the proposed Relocation Method for the Canyon Redevelopment Project on file in the City Clerk's Office and incorporated herein by reference; and WHEREAS, all actions required to be taken by the Agency prior to adoption of the proposed Relocation Method have been taken in accordance with applicable law. NOW, THEREFORE BE IT RESOLVED the Community Redevelopment Agency of the City of Palm Springs does resolve as follows: SECTION 1 . The Relocation Method is hereby adopted as the Relocation Method for the Canyon Redevelopment Project and shall be made available for public inspection in accordance with applicable law. SECTION 2 . The Secretary of the Agency shall certify to the ' adoption of this resolution. ADOPTED this 19th day of July , 19 91 . AYES: Agency Members Broich, Murawski , Neel and Chairman Bono NOES: Agency Member Hodges ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS L " Assistant SecrElary Chairman REVIEWED AND APPROVED: u�( - RESOLUTION NO. 798 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS FINDING AND DECLARING THAT THE PROVISION OF LOVi- AND MODERATE-INCOME HOUSING OUTSIDE THE CANYON REDEVELOPMENT', PROJECT AREA IS OF BENEFIT TO CANYON REDEVELOPMENT PROJECT. WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ( "Agency") has proposed a Redevelopment Plan for the Canyon Redevelopment Project Area ("Canyon Project Area") ; and WHEREAS, pursuant to Health and Safety Code Section 33334 . 2, the Agency must set 'aside certain funds described in Section 33334 . 2 that are generated from within the Canyon Project Area for the provision of low- and moderate-income housing within the Canyon Project Area; and WHEREAS, Health and Safety Code Section 33334. 2(g) permits and authorizes the Agency to utilize the funds described in Section 33334.2 that are generated from within the Canyon Project Area in areas outside of the Canyon Project Area, upon a finding of the Agency and City Council that the use of such funds outside the Can, on Project Area will be of benefit to the Canyon Project Area; and O WHEREAS, while the Agency anticipates utilizing the funds described in Health and Safety Code Section 33334. 2 that are generated from within the Canyon Project Area for the provision of low- and moderate-income housing opportunities in the Canyon Project Area, the Agency also recognizes and anticipates that use of such funds outside the Canyon Project Area may be necessary and beneficial in order to provide low- and moderate--income housing opportunities and that use of such funds to provide such low- and moderate-income housing opportunities outside the Canyon Project Area would be of benefit to the Canyon Project Area. NOW, THEREFORE BE IT , RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, as follows : SECTION 1. The Community Redevelopment Agency of the City of Palm Springs finds and declares that the provision of low- and R798 Page 2 moderate-income housing outside the Canyon Redevelopment Project Area will be of benefit to the Canyon Redevelopment Project. ' SECTION 2 . The . Secretary of the Agency shall certify to the adoption of this Resolution. ADOPTED this 19th day of July 19 91 . AYES: Agency Members Broich, Murawski , Neel and Chairman Bono NOES: Agency Member Hodges ABSENT: None ATTEST: THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS -Assistant Secretary chairman 7 " REVEIWED AND APPROVED• 1 RESOLUTION NO. 799 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA APPROVING THE REDEVELOPMENT PLAN FOR THE CANYON REDEVELOPMENT PROJECT AREA AND RECOMMENDING THE CITY COUNCIL APPROVE SUCH PLAN BY ADOPTING AN ORDINANCE PURSUANT TO HEALTH AND SAFETY CODE SECTION 33365 . D WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, California, ('"Agency" ) has proposed a redevelopment plan for the Canyon Redevelopment Project Area (the "Redevelopment Plan" ) ; and WHEREAS, the Planning Commission 'has submitted its report and recommendation finding the Redevelopment Plan to be in conformity with the General Plan and recommending approval of the Redevelopment Plan; and WHEREAS, the Planning Commission has determined, pursuant to Health and Safety Code Sections 33346, and 321352(h) , and Government Code Section 65402, that the Canyon Redevelopment Plan is consistent with the existing General Plan and with all the elements thereof and the 'policy specifically allowing destination resorts in all residentially-designated areas subject to Planning Commission and City Council review; and WHEREAS, there is a reasonable probability that the Redevelopment Plan will be consistent with the proposed general plan on file with the State of California Office of Planning and Research in that ( ij the Redevelopment Plan is o consistent with the overall density and land use character of the existing General Plan which allows destination resorts in any residential designation provided the overall density set forth in the General Plan is not exceeded, ( ii) the existing General Plan (A) predicts the need for a single collector street access through the project area into Irhe Andreas Hills area and this is being accomplished via the designation of Acanto Road as a 60•-foot collector street, and (H) references the neighborhood shopping center and neighborhood park as floating designations that are not site specific; ( iii) both the existing General Plan and the proposed general plan identify the same uses for the for the subject property and the proposed general plan does not constitute a change from the overall land use character defined in the existing General Plan; and ( iv) the Redevelopment Plan incorporates concepts from the Jani-Jerde "Vision Report" citing the need for world-class destination projects in the Canyon "Luxury" Sphere, the site of the proposed project,, which concepts are incorporated into the proposed general plan; and WHEREAS, there is little or no probability the Redevelopment Plan will be detrimental to or interfere with the future adopted General Plan if the Redevelopment Plan is ultimately inconsistent with that future adopted general plan, in that due to the resort/residential character of the environs in and surrounding the subject property, there is no possibility O that alternative land uses such as commercial or industrial could be considered for the subject property, and the only possible alternative General Plan consideration for the subject property would be higher or lower density than that proposed; even in the event of a differing density, there is R799 Page 2 little probability that the project would be detrimental to or interfere in any way with the future adopted General Plan; and WHEREAS, the Agency has adopted rules governing the participation of property owners and business operators in the Project Area; and WHEREAS, the Agency has adopted a Relocation Method as ' required by law; and WHEREAS, the Agency has prepared the Report to Council as required by Health and Safety Code Section 33352, and by Resolution has approved this report and transmitted it to the City Council; and WHEREAS, notice of a joint public hearing of the Agency and the City Council on the Redevelopment Plan and the environmental impact report ( "EIR" ) prepared for the Redevelopment Plan was given in accordance with applicable law; and WHEREAS, the Agency and City Council held a joint public hearing on the Redevelopment Plan and EIR; and WHEREAS, the Agency has heard, reviewed and considered all of the information, testimony and evidence presented at the joint public hearing; and WHEREAS, by Resolution, the Agency has certified the final EIR prepared for the Redevelopment Plan. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment ' Agency of the City of Palm Springs, as follows: Section 1. The Redevelopment Plan for the Canyon Redevelopment Project Area is hereby approved and the Agency recommends that the City Council adopt an ordinance approving the Redevelopment Plan for the Canyon Redevelopment project Area in accordance with Heath and Safety Code Section 33365. Section 2 . The Agency hereby finds and determines as follows: a. The Redevelopment Plan for the Canyon Redevelopment Project Area is consistent with the existing General Plan, in that ( i) the Planning Commission has determined, pursuant to Health and Safety Code Sections 33346 and 33352(h) , and Government Code Section 65402, that the Redevelopment Plan is consistent with the existing General Plan and with all the elements thereof; ( ii) the overall density and land use character of the existing General Plan allows destination resorts in ' any residential designation provided the overall density set forth in the General Plan is not exceeded and that the contemplated project includes densities and an intensity of use consistent with the existing General Plan; and ( iii) the Redevelopment Plan is consistent with and assists the implementation of the General Plan goals with R799 Page 3 respect to the subject property, including the General Plan goals of (A) ensuring the economic viability, of all sectors of the economy (commercial, land values„ employment, etc. ) , (S) ensuring the future tourist economy, (C) development of recreational amenities (golf, tennis, horse trails , hiking trails, bike trails) , (o) creation of open space (visual and 'hillsi.de retention) , (E) ensuring adequate 'flood control lEacilities, (F) development of a fire station for the vicinity, and (G) 'development of quality housing opportunities including on-site housing for hotellstaffo b. There is a reasonable probability that the Redevelopment Plan will be consistent with the proposed general plan on file with the State of California office of Planning and Research in that ( i) the Redevelopment Plan is consistent with the overall density and land use character of the existing General Plan which allows destination resorts in any residential designation provided the overall density set forth in the General Plan is not exceeded; ( ii) the existing ' General Plan predicts (A) the need for a single collector street access through the project area into the Andreas Hills area and this is being accomplished via the designation of Acanto Road as a 60-foot collector street, , and (S) references the neighborhood shopping center .and. neighborhood park as floating designations that are not site specific; ( iii) both the existing General Plan and the proposed general plan identify the same', uses for the for the subject property and the proposed general plan does not constitute a change from the overall land use character and policies defined in the existing General Plan; and ( iv) the Redevelopment Plan has incorporated the concepts from the Jani-Jerde "Vision Report" citing the need for world-class destination projects in the Canyon "Luxury" Sphere, the site of the proposed project, which concepts are incorporated into the proposed general plan. c. That there is little or no probability the Redevelopment. Plan will be detrimental to or interfere with the future adopted General Plan if the Redevelopment Plan is ultimately inconsistent with that future adopted general plan, in that due to the resort/residential character of the environs in and surrounding the subject property, there is no possibility that alternative land ,uses such as commercial or industrial could ,be considered for the 0 subject property 'and the only possible alternative General Plan consideration for the subject property would be higher or lower density than that proposed; even in the event of a differing density, there is little probability that the project would be detrimental to or interfere in any way with R799 Page 4 the future adopted General Plan. Section 3 . The Secretary of the Agency shall certify to the adoption of this Resolution and shall transmit it to the City Council . ADOPTED this 19th day of July, 1991 1991 . AYES: Agency Hembers Broich, Hurawski , tdeel and Chairman Bono NOES: Agency Hember Hodges ABSENT: gone ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, / CALIFORNIA i Assistant Secretary Chairman REVIEWED & APPROVED �U� U 1 8/394/014084-0022/002 RESOLUTION NO. 800 OF THE REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE BORROWING OF FUNDS FROM THE CITY OF PALM SPRINGS FINANCING AUTHORITY, AUTHORIZING AND DIRECTING EXECUTION AND DELIVERY OF A LOAN AGREEMENT AND AUTHORIZING OFFICIAL 'ACTIONS IN CONNEC- TION THEREWITH WHEREAS, the City of Palm Springs ( 'the "City" ) and the Redevelopment Agency of the City of Palm Springs ( the "Agency" ) have heretofore entered into a Joint Exercise of Powers Agreement establishing the City of Palm Springs Financing Authority (the "Authority" ) for the purpose of issuing its bonds to be used to', provide financial assistance to the City and the Agency; and , WHEREAS, the Authority proposes at this time to issue its Revenue (Tax Allocation) Bonds, ' 1991 Series B (Agency Loans) in an aggregate principal amount of not to exceed $20 ,000,000 ( the "Bonds" ) for the purpose ' of providing funds to make loans to the Agency in an aggregate principal. amount of not to exceed $20,000,000 (the "Loans" ) pursuant to a Loan Agreement No. 1, dated as of September 1, 1991, among the Agency, the Authority and as trustee (the "Trustee" ) ( the "Loan Agreement" ) for the purpose of paying certain other obligations of the Agency and financing additional redevelopment activities of the Agency; and WHEREAS, pursuant to Resolution No. 005 of the Authority, the o Authority has authorized bids to be received pursuant to the terms of Notice Inviting Bids ( the "Notice" ) for the purchase of. the Bonds and the Executive Director has been authorized to award the sale of the Bonds to the responsible bidder offering the lowest net interest cost to the Authority; and WHEREAS, the Agency, with the aid of its staff, has duly considered such transactions and wishes at: his time to approve said transactions as being in the public interests of the Agency. NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED BY THE REDEVELOPMENT AGENCY OF THE CITY OF PALM. SPRINGS AS FOLLOWS: Section 1. Approval of Loans . The Agency hereby authorizes and approves the Loans to be made to the Agency by the Authority from the proceeds of the Bonds. The Loans shall be made pursuant to and in accordance with the terms of the Loan Agreement „ The Agency hereby approves the Loan Agreement in substantially the forms on file with the Secretary together with any additions thereto or changes therein ( including but not limited to the principal amounts of the Loans) deemed necessary or advisable by the Executive Director or Assistant Executive Director , whose execution thereof shall be conclusive evidence of approval of any such additions and changes. The Chairperson or Executive Director or Assistant Executive Director is hereby authorized and directed to execute, and the Secretary is hereby authorized and directed to attest and affix the seal of the Agency to, the final form of the Loan Agreement or and in the name and on behalf of the Agency. The proceeds of the Loans shall be applied by the Agency for the purposes and in the amounts set forth in the Loan Agreement . The Agency hereby authorizes the delivery and performance of the Loan Agreement. Section 2. Sale of Bonds. The Agency hereby authorizes and approves the sale of the Bonds by the Authority by competitive sale. Section 3 . Official Statement. The Agency hereby approves the Preliminary Official Statement describing the Bonds, in the form submitted by Rod Gunn Associates, Inc. , the Financing Consultant, approved by the Executive Director as Assistant Executive Director and on file with the Secretary. The Agency hereby authorizes the distribution of the final Official Statement by the Financing Consultant and the Purchaser containing such changes to the Preliminary Official Statement as shown by necessary or desirable to reflect the terms of the financing as contained in the final executed legal documents therefor, and the Agency hereby approves the execution of said Official Statement by the Authority' s Executive Director or Assistant Executive Director. Section 4. Official Action. The Chairperson, the Vice- Chairperson, the Executive Director, the Assistant Executive Director, the Treasurer, the Secretary, the Agency Counsel 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 Escrow -2- Agreements, assignments, certificates, requi- sitions, agreements, notices, consents, instruments of conveyance, warrants and other documents, which, they, or any of them, may deem necessary or advisable by Agency counsel or Bond Counsel in order to consummate the lawful issuance and sale of the Bonds and the making of the Loans. Section 5. Effective Date. This Resolution shall take effect from and after the date of its passage and adoption. ADOPTED this 31st day of July, 1991. AYES: Agency Members Broich, Murawski , Neel and Mayor Bono NOES: Agency Members Hodges ABSENT: None ATTEST: CITY OF PALM SPRINGS, i CALIFORNIA % By By Assistant Secretary Chairperson Reviewed and Approved v -3- RESOLUTION NO. 8O1 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE POOLING OF REDEVELOPMENT TAX INCREMENT REVENUES, ISSUING TAX ALLOCATION BONDS AND APPOINTING ROD GUNN ASSOCIATES TO ASSIST IN THE SALE OF SAID BONDS. --------------------- WHEREAS, the City of Palm Springs has nine Redevelopment Project Areas; and WHEREAS, the City derives a certain amount of tax increment revenue from each Project Area; and WHEREAS, the Palm Springs Public Financing Authority was recently created; and WHEREAS, additional monies have been set aside for low-moderate income families which can be combined with the revenue derived from the Project Areas; and WHEREAS, concurrent with the funding of the loans, each Project would enter into one or more agreements to fund specific public capital improvements, which may or may not be located in the respective Redevelopment Project Area. NOW, THEREFORE, the Community Redevelopment Agency of the City of Palm Springs does hereby resolve as follows: Section 1. That the Agency is authorized to enter into Loan Agreements with the Financing Authority committing funds available to the Agency from the Central Business District, North Palm Canyon, South Palm Canyon, Baristo-Farrell and Ramon-Bogie Redevelopment Projects. Section Z . That the Agency is authorized to enter into Loan Agreements with the Financing Authority committing funds available with respect to housing monies with the Tahquitz-Andreas Redevelopment Project. Section 3 . That the Executive Director is authorized to execute an agreement with Rod Gunn Associates, Inc. to assist in the preparation and sale of Tax Allocation Bonds, in the form approved by the City Attorney. Section 4. That the Agency bond counsel, Rutan & Tucker, and its financing consultant, Rod Gunn Associates, Inc. , are hereby directed to prepare necessary documents for implementation of the Financing Plan and to market Tax Allocation Bonds. ADOPTED this 31st day of July , 1991. AYES: Agency Members Broich, Murawski , Neel and Chairman Bono NOES: Agency Member Hodges ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY_OF PALM SPRINGS, CALIFORNI�1 B Assistant Secretary Chairman I �" REVIEWED & APPROVED _(�T,' ;,�� Y� �(�fSt"Q RESOLUTION NO. 602 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING SETTLEMENT OF ACQUISITION OF MCKINNEY PROPERTY LOCATED AT 210 WEST SUNNY DUNES, PALM SPRINGS, CALIFORNIA. — WHEREAS, the Agency has been in litigation and negotiations on the acquisition of the McKinney property for over two years; and WHEREAS, this property has been declared unsafe and requires demolition; and WHEREAS, the parties have negotiated a settlement of all issues in the lawsuit in the amount of $70, 000; and WHEREAS, Legal Counsel has indicated, that if this matter went to trial, total compensation could' exceed $70, 000, including attorney's fees and court costs; and NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California that the McKinney Acquisition at 210 West Sunny Dunes be approved for $70, 000 and the Agency's legal counsel is authorized to prepare all documents necessary for such settlement and the Chairman and Executive Director are authorized to execute all documents on behalf of the Agency. ADOPTED this 4th day of September , 1991. AYES: Agency Members Broich, Hodges; Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS; CALIFORNIA By Assistant Secretary Chairman REVIEWED & APPROVED RESOLUTION NO. 803 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING PERSONAL SERVICE CONTRACTS WITH RAY AND EDNA 14ATLOCK FOR THE MANAGEMENT OF THE MONTE VISTA HOTEL FOR 30 DAYS (PA #1/BLOCK 1) AND DAVID AND JAN COKE FOR ASSISTANT MANAGEMENT SERVICES OF THE MONTE VISTA HOTEL FOR 30 DAYS. --------------------- WHEREAS the Community Redevelopment Agency took possession of the Monte Vista Hotel, 414 North Palm Canyon Drive, by their action on August 9, 1988, Resolution No. 547; and WHEREAS the Matlocks have been performing the management services at the Monte Vista Hotel for the past two years in a satisfactory manner; and WHEREAS the Cokes have been performing assistant management services at the Monte Vista Hotel for the past four months in a satisfactory manner; and WHEREAS the Agency wishes to continue the operation of said hotel in an orderly manner. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California, does hereby approve the Personal Service Contracts with Ray and Edna Matlock for the management of the Monte Vista Hotel for 30 days and David and Jan ' Coke for assistant management services of the Monte Vista Hotel for 30 days. A copy of said agreement is on file in the office of the City Clerk. ADOPTED this 4th day of September , 1991. AYES: Agency "embers Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFO(RNIA by Assistant Secretary Chairman REVIEWED & APPROVED --C RESOLUTION NO. 804 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT FOR REIMBURSEMENT OF TAX INCREMENT FUNDS WITH THE COUNTY OF ,RIVERSIDE RELATED TO THE CANYON REDEVELOPMENT PLAN. ------------------------------ WHEREAS, by Ordinance No. 1388 on July 18, 1991, the City Council O of the City of Palm Springs, California, approved the Redevelopment Plan for the Canyon Redevelopment Project (the "Plan") pursuant to the California Community Redevelopment Law (Health & Safety Code Section 33000 et sea. ) , which Plan delineates a project area (the "Project Area") ; and WHEREAS, the Plan includes provisions authorizing the allocation to Agency of property taxes levied each year on the increase in the assessed valuation of property within the 'Project Area above the sum of the assessed values for 'the Project Area shown on the 1990- 91 assessment roll; and WHEREAS, the Project Area is located within the boundaries of, and is served by, the County of Riverside; and WHEREAS, County of Riverside has taken the position with the Agency that, by virtue of its tax allocation provisions, the Plan will result in a "financial burden or detriment" to County of Riverside within the meaning of Health and Safety Code Section 33012; and WHEREAS, Agency is authorized by Health and Safety Code Section 33401 to compensate affected taxing entities, .including County of Riverside, by paying to such taxing entities any amount of money which Agency determines is appropriate to alleviate any financial burden or detriment to such taxing entities caused by Agency's implementation of the Plan; and WHEREAS, Agency and County of Riverside have negotiated in good faith to reach an agreement pursuant to Health and Safety Code Section 33401, whereby Agency compensates County of Riverside for any financial burden or detriment to County of Riverside caused by Agency's implementation of the Plan. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Spri.ngs ' as follows: Section 1. The Agency and County of Riverside: have negotiated in good faith and reached an agreement providing for reimbursement to County of Riverside of certain Agency tax increment funds from the Project Area pursuant to Health and Safety Cade Section 33401, a true and correct copy of which agreement is on file in the office of Assistant: Secretary of the Agency. Section 2 . The Agency hereby finds and determines that the Plan will cause County of :Riverside a "financial burden or detriment" within the: meaning of Health and Safety Code Section 33012 and that the Agency's payments to County of Riverside as set forth in the agreement referenced in Section 1 of this 0 Resolution are necessary to alleviate such financial burden or detriment. This finding of Agency is supported by the substantial evidence described in the ', staff report and supporting documents which are made a part hereof as though fully set forth. PCO- -C � � Resolution No. 804 Canyon Tax Increments Page 2 ' Section 3 . The agreement between the Agency and County of Riverside referenced in Section 1 of this Resolution is hereby approved. Section 4. 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 a form approved by Agency Counsel, and the Chairman of the Agency is authorized and directed to execute the agreement on behalf of the Agency. ADOPTED this 4th day of November , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA 1. Ass'ist'ant Secretary Chairman =->' REVIEWED & APPROVED I�z�• �}�J ' U RESOLUTION NO. 805 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT FOR REIMBURSEMENT OF TAX INCREMENT FUNDS WITH THE PALM SPRINGS UNIFIED SCHOOL DISTRICT RELATED TO THE CANYON REDEVELOPMENT PLAN. ---------------•--- WHEREAS by Ordinance No. 1388 on July 18, 1991, the City Council of the City of Palm Springs, California, approved[ the Redevelopment Plan for the Canyon Redevelopment Project (the "Plan") pursuant to the California Community Redevelopment Law (Health & Safety Code Section 33000 et sea. ) , which Plan delineates a project area (the "Project Area") ; and WHEREAS, the Plan includes provisions authorizing the allocation to Agency of property taxes levied each year on the increase in the assessed valuation of property within the Project Area above the sum of the assessed values for the Project Area shown on the 1990- 91 assessment roll; and WHEREAS, the Project Area is located within -the boundaries of, and is served by, the Palm Springs Unified School District; and WHEREAS, Palm Springs Unified School District has taken the position with the Agency that, by virtue of its tax allocation provisions, the Plan will result in a "financial burden or detriment" to Palm Springs Unified School District within the meaning of Health and Safety Code Section 33012; and WHEREAS, Agency is authorized by Health and Safety Code Section 33401 to compensate affected taxing entities, including Palm e Springs Unified School District, by ,paying to such taxing entities any amount of money which Agency ' determines is appropriate to alleviate any financial burden or detriment to such taxing entities caused by Agency's implementation of the Plan; and WHEREAS, Agency and Palm Springs Unified School District have negotiated in good faith to reach an agreement pursuant to Health and Safety Code Section 33401, whereby Agency compensates Palm Springs Unified School District for any financial burden or detriment to Palm Springs Unified School. District caused by Agency's implementation of the Plan. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. The Agency and Palm Springs Unified School District have negotiated in good faith and reached an agreement providing for reimbursement to Palm Springs Unified School District of certain Agency tax increment funds from the Project Area pursuant to Health and Safety Code Section 33401, a true and correct copy of which agreement is on file in the office of Assistant Secretary of the Agency. Section 2 . The Agency hereby finds and determines that the Plan will. cause Palm Springs Unified School District a "financial burden or detriment" within the meaning of Health and Safety Code Section 33012 and that the Agency's payments to Palm Springs Unified School District as :yet forth in the agreement referenced in Section 1 of this Resolution are necessary to alleviate such financial burden or', detriment. This finding of Resolution No. 805 Canyon Tax Increments Page 2 ' Agency is supported by the substantial evidence described in the staff report and supporting documents which are made a part hereof as though fully set forth. Section 3 . The agreement between the Agency and Palm Springs Unified School District referenced in Section 1 of this Resolution is hereby approved. Section 4. 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 a form approved by Agency Counsel, and the Chairman of the Agency is authorized and directed to execute the agreement on behalf of the Agency. ADOPTED this 4th day of September , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM S$RPNGS, CAL'IFORNIA By Assistant Secretary Chairman REVIEWED & APPROVED \ RESOLUTION NO. 806 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT FOR REIMBURSEMENT OF TAX INCREMENT FUNDS WITH THE DESERT COMMUNITY COLLEGE RELATED TO THE CANYON REDEVELOPMENT PLAN. -------------------------------- WHEREAS, by Ordinance No. 1388 on July 18, 1991, the City Council of the City of Palm Springs, California, approved the Redevelopment Plan for the Canyon Redevelopment Project (the "Plan") pursuant to the California Community Redevelopment Law (Health & Safety Code Section 33000 et sea. ) , which Plan delineates a project area (the "Project Area") ; and WHEREAS, the Plan includes provisions authorizing the allocation to Agency of property taxes levied each year on the increase in the assessed valuation of property within the Project Area above the sum of the assessed values for 'the Project Area shown on the 1990- 91 assessment roll; and WHEREAS, the Project Area is located within the boundaries of, and is served by, the Desert Community 'College; and WHEREAS, Desert Community College has taken the position with the Agency that, by virtue of its tax allocation provisions, the Plan will result in a "financial burden or detriment" to Desert Community College within the meaning of Health and Safety Code Section 33012; and WHEREAS, Agency is authorized by Health and Safety Code Section 33401 to compensate affected taxing entities, including Desert Community College, by paying to such taxing entities any amount of money which Agency determines is appropriate: to alleviate any financial burden or detriment to such taxing entities caused by Agency's implementation of the Plan; and WHEREAS, Agency and Desert Community College have negotiated in good faith to reach an agreement pursuant to Health and Safety Code Section 33401, whereby Agency compensates Desert Community College for any financial burden or detriment to Desert Community College caused by Agency's implementation of the Plan. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. The Agency and Desert Community College have negotiated in good faith and reached an agreement providing for reimbursement to Desert Community College' of certain Agency tax increment funds from the Project Area pursuant to Health and Safety Code Section 33401, a true and correct copy of which agreement is on file in the office of Assistant Secretary of the Agency. Section 2 . The Agency hereby finds and determines that the Plan will cause Desert Community College a "financial burden or detriment" within the meaning of Health and Safety Code Section 33012 and that the Agency's payments to Desert Community College as set forth in the 'agreement referenced in Section 1 of this Resolution are necessary to alleviate such financial burden or detriment. This finding of Agency is supported by the substantial evidence described in the , staff report and supporting documents which are made a part hereof as though fully set forth. Section 3 . The agreement between the ;Agency and Desert Community College referenced in Section 1 of this Resolution is hereby approved. � ��� - c �/ Resolution No. 806 Canyon Tax Increments Page 2 ' Section 4 . 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 a form approved by Agency Counsel, and the Chairman of the Agency is authorized and directed to execute the agreement on behalf of the Agency. ADOPTED this 4th day of September , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA q Assistant Secretary ryry,� 'Chairman REVIEWED & APPROVED U 1 1 RESOLUTION NO. 807 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNI.A, APPROVING AN AGREEMENT FOR REIMBURSEMENT OF TAX INCREMENT FUNDS WITH THE COUNTY, SUPERIINTENDE14T OF SCHOOLS RELATED TO THE CANYON REDEVELOPMENT PLAN. ----------------7-------------- WHEREAS, by Ordinance No. 1388 on July 18, 1991, the City Council of the City of Palm Springs, California, approved the Redevelopment Plan for the Canyon Redevelopment Project (the "'Plan") pursuant to the California Community Redevelopment Law (Health & Safety Code Section 33000 et sea. ) , which Plan delineates a project area (the "Project Area") ; and WHEREAS, the Plan includes provisions authorizing the allocation to Agency of property taxes levied each year on the increase in the assessed valuation of property within the Project Area above the sum of the assessed values for the Project Area shown on the 1990- 91 assessment roll; and WHEREAS, the Project Area is located within the boundaries of, and is served by, the County Superintendent of Schools; and WHEREAS, County Superintendent of Schools has taken the position with the Agency that, by virtue of , its tax allocation provisions, the Plan will result in a "financial burden or detriment" to County Superintendent of Schools within the meaning of Health and Safety Code Section 33012; and WHEREAS, Agency is authorized by Health and Safety Code Section 33401 to compensate affected taxing entities, including County Superintendent of Schools, by paying to such taxing entities any o amount of money which Agency determines is appropriate to alleviate any financial burden or detriment to such taxing entities caused by Agency's implementation of the Plan; and WHEREAS, Agency and County Superintendent of Schools have negotiated in good faith to reach an agreement pursuant to Health and Safety Code Section 33401, whereby Agency compensates County Superintendent of Schools for any financial burden or detriment to Country Superintendent of Schools caused by Agency's implementation of the Plan. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs ', as follows: Section 1. The Agency and County Superintendent of Schools have negotiated in good faith and reached an agreement providing for reimbursement to County Superintendent of Schools of certain Agency tax increment funds from the Project Area pursuant to Health and Safety Code Section 33401, a true and correct copy of which agreement: is on file in the office of Assistant, Secretary of the Agency. Section 2 . The Agency hereby finds and determines that the Plan will cause County Superintendent of Schools a "financial burden or detriment" within the meaning of Health and Safety Code Section 33012 and that the Agency's payments to County Superintendent of Schools as set forth in the agreement referenced in Section I of this Resolution are necessary to alleviate such financial burden or detriment. This finding of Agency is supported by the substantial Resolution No. 807 Canyon Tax Increments Page 2 ' evidence described in the staff report and supporting documents which are made a part hereof as though fully set forth. Section 3 . The agreement between the Agency and County Superintendent of Schools referenced in Section 1 of this Resolution is hereby approved. Section 4. 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 a form approved by Agency Counsel, and the Chairman of the Agency is authorized and directed to execute the agreement on behalf of the Agency. ADOPTED this 4th day of September , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By Assistant Secretary ecretary �y 'CZ1r man REVIEWED & APPROVED RESOLUTION NO. 808 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT FOR REIMBURSEMENT OF TAX INCREMENT FUNDS WITH THE RIVERSIDE COUNTY FLOOD CONTROL RELATED TO THE CANYON REDEVELOPMENT PLAN. -------------------------------- WHEREAS, by Ordinance No. 1388 on July 18, 1991, the City Council O of the City of Palm Springs, California, approved the Redevelopment Plan for the Canyon Redevelopment Project (the "'Plan") pursuant to the California Community Redevelopment Law (Health & Safety Code Section 33000 et sea. ) , which Plan delineates a project area (the "Project Area") ; and WHEREAS, the Plan includes provisions authorizing the allocation to Agency of property taxes levied each year on the increase in the assessed valuation of property within the Project Area above the sum of the assessed values for the Project Area shown on the 1990- 91 assessment roll; and WHEREAS, the Project Area is located within the boundaries of, and is served by, the Riverside County 'Flood Control; and WHEREAS, Riverside County Flood Control has taken the position with the Agency that, by virtue of its tax allocation provisions, the Plan will result in a "financial burden or detriment" to Riverside County Flood Control within the meaning of Health and Safety Code Section 33012; and WHEREAS, Agency is authorized by Health and Safety Code Section 33401 to compensate affected taxing entities, including Riverside County Flood Control, by paying to such taxing entities any amount of money which Agency determines is appropriate to alleviate any financial burden or detriment to such taxing entities caused by Agency's implementation of the Plan; and WHEREAS, Agency and Riverside County Flood Control have negotiated in good faith to reach an agreement pursuant to Health and Safety Code Section 33401, whereby Agency compensates Riverside County Flood Control for any financial burden or detriment to Riverside County Flood Control caused by Agency's implementation of the Plan. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. The Agency and Riversid County Flood Control have negotiated in good faits and reached an agreement providing for reimbursement to Riverside County Flood Control of certain Agency tax increment funds from the Project Area pursuant to Health and Safety Code Section 33401, a true and correct copy of which agreement is on file in the office of Assistant Secretary of the Agency. Section 2 . The Agency hereby finds and determines that the Plan will cause Riverside County Flood Control a "financial burden or detriment" within the meaning of Health and Safety Code Section 33012 and that the Agency's payments to Riverside County Flood Control as set forth! in the agreement referenced in Section 1 of this, Resolution are necessary to alleviate such financial burden or detriment. This finding of Agency is supported by the substantial evidence described , in the staff report and supporting documents which are made a part hereof Resolution No. 808 Canyon Tax Increments Page 2 ' as though fully set forth. Section 3 . The agreement between the Agency and Riverside County Flood Control referenced in Section 1 of this Resolution is hereby approved. Section 4 . 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 a form approved by Agency Counsel, and the Chairman of the Agency is authorized and directed to execute the agreement on behalf of the Agency. ADOPTED this 4th day of September , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIF IA .Assistant Secretary Chairman f ' REVIEWED & APPROVED ���!� RESOLUTION NO. 809 OF THE COMMUNITY REDEVELOPMENT.' AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT FOR REIMBURSEMENT OF TAX INCtREMENT FUNDS WITH THE P.S. PUBLIC CEMETARY RELATED TO THE CANYON REDEVELOPMENT PLAN. ------------------------------ WHEREAS, by Ordinance No. 1388 on July 18, 1991, the City Council of the City of Palm Springs, California, approved the Redevelopment Plan for the Canyon Redevelopment Project: (the "Plan") pursuant to the California Community Redevelopment Law (Health & Safety Code Section 33000 et sea. ) , which Plan delineates ,a project area (the "Project Area") ; and WHEREAS, the Plan includes provisions authorizing the allocation to Agency of property taxes levied each year on the increase in the assessed valuation of property within the Project Area above the sum of the assessed values for the Project Area shown on the 1990- 91 assessment roll; and WHEREAS, the Project Area is located within the boundaries of, and is served by, the P. S. Public Cemetary; and WHEREAS, P. S. Public Cemetary has taken the position with the Agency that, by virtue of its tax allocation provisions, the Plan will result in a "financial burden or detriment" to P. S. Public Cemetary within the meaning of Health and Safety Code Section 33012 ; and WHEREAS, Agency is authorized by Health and Safety Code Section 33403. to compensate affected taxing entities, including P.S. Public Cemetary, by paying to such taxing entities any amount of money which Agency determines .is appropriate to alleviate any financial O burden or detriment to such taxing entities caused by Agency's implementation of the Plan; and WHEREAS, Agency and P. S. Public Cemetary have negotiated in good faith to reach an agreement pursuant to Health and Safety Code Section 33401, whereby Agency compensates P„ S. Public Cemetary for any financial burden or detriment to P.S. Public: Cemetary caused by Agency's implementation of the Plano NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. The Agency and P. S. Public Cemetary have negotiated in good faith and reached an agreement providing for reimbursement to P.S. Public Cemetary of certain Agency tax increment funds from the Project Area pursuant to Health and Safety Code Section 33401, a true and correct copy of which agreement is on file in the office of Assistant Secretary of the Agency. Section 2 . The Agency hereby finds and determines that the Plan will cause P.S. Public Cemetary a "financial burden or detriment" within the meaning of Health and Safety Code Section 33012 and that the Agency's payments to P.S. Public Cemetary as set forth in the agreement referenced in Section 1 of this Resolution are necessary to alleviate such financial burden or detriment. This finding of Agency is supported by the substantial evidence described in the 'staff report and supporting documents which are; made a part hereof as though fully set forth. Section 3 . The agreement between the Agency and P. S. Public Cemetary referenced in Section 1 of this Resolution is hereby approved. C Ot C Resolution No. 809 C) ,� - c - � Canyon Tax Increments Page 2 Section 4 . 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 a form approved by Agency Counsel, and the Chairman of the Agency is authorized and directed to execute the agreement on behalf of the Agency. ADOPTED this 4th day of September , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY, CITY OF PALM SPRIINGS, CALIF/ORNIA By Assistant Secretary Chairman f REVIEWED & APPROVED 3Qi— L ) 1 RESOLUTION NO. 810 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT FOR REIMBURSEMENT OF TAX INCREMENT FUNDS WITH THE COACHELLA VALLEY :MOSQUITO ABATEMENT RELATED TO THE CANYON REDEVELOPMENT PLAN. ------------------------------- WHEREAS, by Ordinance No. 1388 on July 18, 1991, the City Council of the City of Palm Springs, California, approved the Redevelopment Plan for the Canyon Redevelopment Project (the "Plan") pursuant to the California Community Redevelopment Law (Health & Safety Code Section 33000 et sea. ) , which Plan delineates a project area (the "Project Area") ; and WHEREAS, the Plan includes provisions authorizing the allocation to Agency of property taxes levied each year on the increase in the assessed valuation of property within the Project Area above the sum of the assessed values for the Project Area shown on the 1990- 91 assessment roll; and WHEREAS, the Project Area is located within the boundaries of, and is served by, the Coachella Valley Mosquito Abatement; and WHEREAS, Coachella Valley Mosquito Abatement has taken the position with the Agency that, by virtue of its tax allocation provisions, the Plan will result in a financial burden or detriment" to Coachella Valley Mosquito Abatement within the meaning of Health and Safety Code Section 33012; and WHEREAS, Agency is authorized by Health and Safety Code Section 33401 to compensate affected taxing entities, including Coachella Valley Mosquito Abatement, by paying to such taxing entities any O amount of money which Agency determines is appropriate to alleviate any financial burden or detriment to such taxing entities caused by Agency's implementation of the Plan; and WHEREAS, Agency and Coachella Valley Mosquito Abatement have negotiated in good faith to reach an agreement pursuant to Health and Safety Code Section 33401, whereby Agency compensates Coachella Valley Mosquito Abatement for any financial burden or detriment to Coachella Valley Mosquito Abatement caused by Agency's implementation of the Plan. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. The Agency and Coachella Valley Mosquito Abatement have negotiated in good faith and reached an agreement providing for reimbursement to Coachella Valley Mosquito Abatement of certain Agency tax increment funds from the Project Area pursuant to Health and Safety Code Section 33401, a true and correct copy of which agreement is on file in the office of Assistant Secretary of the Agency. Section 2 . The Agency hereby finds and determines that the Plan will cause Coachella Valley Mosquito Abatement a "financial burden or detriment" within the meaning of Health and Safety Code Section 33012 and that the Agency's ,payments to Coachella Valley Mosquito Abatement 'as set forth in the agreement referenced in Section 1 of this Resolution are necessary to alleviate such financial burden or detriment. This finding of Agency is supported by Lra - C - � Resolution No. 810 Canyon Tax Increments �n Page 2 the substantial evidence described in the staff report and supporting documents which are made a part hereof as though fully set forth. Section 3 . The agreement between the Agency and Coachella Valley Mosquito Abatement referenced in Section 1 of this Resolution is hereby approved. Section 4. 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 a form approved by Agency Counsel, and the Chairman of the Agency is authorized and Palm Springs, CA 92262 directed to execute the agreement on behalf of the Agency. ADOPTED this 4th day of September , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SP_&I GS, CALIFORNIA t By_ �ci � ) J ✓L'�-� {/ fir of `•Assistant Secretary 1J Chairman -7 REVIEWED & APPROVED U - _ RESOLUTION NO. 811 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT FOR REIMBURSEMENT OF TAX INCREMENT FUNDS WITH THE DESERT WATER AGENCY RELATED TO THE CANYON REDEVELOPMENT PLAN. ----------------- WHEREAS, by Ordinance No. 1388 on July 18 , -1991, the City Council of the City of Palm Springs, California, approved the Redevelopment Plan for the Canyon Redevelopment Project (the "]Plan") pursuant to the California Community Redevelopment Law (Health & Safety Code Section 33000 et sect. ) , which Plan delineates a project area (the "Project Area") ; and WHEREAS, the Plan includes provisions authorizing the allocation to Agency of property taxes levied each year on the increase in the assessed valuation of property within the Project Area above the sum of the assessed values for the Project Area shown on the 1990- 91 assessment roll; and WHEREAS, the Project Area is located within the :boundaries of, and is served by, the Desert Water Agency ("DWA") ; and WHEREAS, DWA has taken the position with the Agency that, by virtue of its tax allocation provisions, the Plan will result in a "financial burden or detriment" to DWA within the! meaning of Health and Safety Code Section 33012; and WHEREAS, Agency is authorized by Health and Safety Code Section 33401 to compensate affected taxing entities, including DWA, by paying to such taxing entities any amount of money which Agency determines is appropriate to alleviate any financial burden or detriment to such taxing entities caused by Agency's implementation of the Plan; and WHEREAS, Agency and DWA have negotiated in good faith to reach an agreement pursuant to Health and Safety Code Section 33401, whereby Agency compensates DWA for any financial burden or detriment to DWA caused by Agency's implementation of the Plan. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. The Agency and DWA have negotiated in good faith and reached an agreement providing for reimbursement to DWA of certain Agency tax increment funds from the Project Area pursuant to Health and Safety Code Section 33401, a true and correct copy of which agreement is on file in the office of Assistant Secretary of the Agency. Section 2. The Agency hereby finds and determines that the Plan will cause DWA a "financial burden or detriment" within the meaning of Health and Safety Code Section 33012 and that the Agency's payments to DWA as set forth in the agreement referenced in Section 1 of this Resolution are necessary to alleviate such financial burden or detriment. This finding of Agency is supported :by the substantial evidence described ' in the staff report and supporting documents, which are made a part hereof as though fully set 'forth. Section 3 . The agreement between the Agency and DWA referenced in Section 1 of thislResolution is hereby approved. C ca - C _ �� Resolution No. 811 � rC�- Canyon Tax Increments Page 2 ' Section 4. 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 a form approved by Agency Counsel, and the Chairman of the Agency is authorized and directed to execute the agreement on behalf of the Agency. ADOPTED this 4th day of September , 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CAL/IFORNIA By Assistant Secretary 'Chairman REVIEWED & APPROVED �I S-? j U RESOLUTION NO. 812 OF THE CITY COUNCIL OF THE CITY" OF PALM SPRINGS, CALIFORNIA APPROVING AN AGREEMENT CONTAINING FIRST AMENDMENTS TO AGREEMENTS FOR REIMBURSEMENT OF TAX INCREMENT FUNDS WITH TH,E DESERT WATER AGENCY RUATED TO THE SOUTH PALM CANYON, Uk4ON-BOGIEf OASIS, NORTH PALM CANYON, HIGHLAND-GATEWAY, BARISTO-FARRELL, AND PROJECT NO. 9 REDEVELOPMENT PROJECT AREAS WHEREAS, The City Council of the City, by reason of its adoption of the ordinances set forth hereinbelow on the dates indicated, approved and adopted redevelopment plans for the redevelopment prnjeots (hereinafter collectively referred to as the "Plans" ) pursuant to the California Community Redevelopment Law (I3ealth and Safety Code Section 33000 et see. ) , which Plans delineate redevelopment project areas (hereinafter collectively referred t.o as the "Project Areas") : Name of Plan/ Project Area DAte_ Adouted =(Unanee Number_ South Palm Canyon 12/30/83 1203 Ramon-Bogie 12/30/83 1202 Oasis 08/10/84 1224 North Palm Canyon 10/19/84 1227 Highland-Gateway 12/20/84 1237 Baristo-Farrell 06106/86 1264 Project No. 9 12/29/88 1321 WHEREASr the Plans include provisions authorizing the fl allocation to Agency of property taxes levied each year on the increase in the assessed valuation of property within the Project Areas above the sum of the assessed values for the Project Areas shown on the assessment rolls as of the tax years in which the Plans were adopted ( "Tax Increment" ) ; and WHEREAS, the Project Areas are located within the boundaries of, and are served by, the Desert Water Agency ( "DWA"' ) ; and WHEREAS, DWA, at the time of adoption of each of the Plans, DWA took the position with the Agency that, by virtue of their tax allocation provisions, the Plans would result in a "financial burden or detriment" to DWA within the meaning of Health and Safety Code Section 33012, and therefore, pursuant to its authority under Health and Safety Code Section 33401, Agency, City, and DWA entered into tax increment pass through agreements (the "Agreements" ) for each of the Plans; and A. WHEREAS, Agency, City, and DWA have determined that a modification of the Agreements is necessary to insure that any financial burden or detriment resulting from the Plans is alleviated and that any additional compensation provided by Agency is authorized by Health and Safety Code Section 33401; and WHEREAS, Agency, City, and DWA 'have negotiated in good faith to reach an agreement pursuant to Health and Safety Code Section 33401 to effect a First Amendment to each of the Agreements. Resolution No, 812 Page 2 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Springs, as follows: Sactign 1. The Agency, City, and DWA, pursuant to Health and Safety Code lecti©a 33401, have negotiated in good faith and reached an agreement which effects a First Amendment to each of the Agreements (hereinafter "Agreement Containing First Amendments" ) , a true and correct of which Agreement Containing First Amendments is on file in the office of the City Clerk. Section 2. The City Council hereby finds and determines that modification of the Agreements is necessary to alleviate "financial burden or detriment" within the meaning of Health and Safety Code Section 33012 and that the Agency's payments to DWA as set forth in the Agreement Containing First Amendments are necessary to alleviate such financial burden or detriment. This finding of the City Council is supported by the substantial evidence described in the staff report and supporting documents which are made a part hereof as though fully set forth. Section 3. The Agreement Containing First Amendments between the Agency, City, and DWA, is hereby approved. Section 4- The City Manager is hereby authorized to make any necessary final technical and clerical changes to the Agreement Containing First Amendments prior to its execution, in the form approved by the City Attorney, and the City Manager is hereby authorized and directed to ' execute the agreement on behalf of the City. ADOPTED this 4th day of September, 1991. AYES. Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS / By: 1= 4 _ By e — n. -assistant-�ecrctary -'Chairma6' REVIEWED AND APPROVED: U A. 8/394/014084-0022/028 RESOLUTION NO. 813 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THZ CITY OF PALM SPRINGS, CALIFORNIA APPROVING AN AGREEMENT FOR REIMBURSEMENT OF TAX INCREMENT FUNDS WITH THE DESERT WATER AGENCY nELATED TO THE CENTRAL RtlgrNESS DISTRICT PRWECT AREA AND TAHQUITZ-ANDREAS PROJECT AREA - - - WHEREAS, by Ordinance No. 952 on July 27, :1973 , the City Council of the City of Palm Springs approvad the Redevelopment Plan for the Central Business District Redevelopment Project (the "CBD Plan") pursuant to the California Community Redevelopment Law (Health & Safety Code Section 33000 st seq. ) , which Plan delineates a project area (the IICBr) Project Area") ; and WHEREAS, by Ordinance No. 1197 on August 1!3, 1983 , the City Council of the City of Palm Springs approved the Redevelopment Plan for the Tahquitz-Andrsas Redevelopment Project (the "Tahquitz-Andreas Plan") pursuant, to the California Community Redevelopment Law (Health & Safety Code Section 33000 et seq. ) , which Man delineates a project area (the 11 Tahquitz-Andreas Project Area") , and WHEREAS, the CAD Plan and Tahquitz-Andreas ;Plan, and the CBD Project Area and Taheruitz-Andreas Project Area, are hereinafter referred to collectively ae, respectively, the "Plans" and the "Project Areas"; and WHEREAS, the Plans include provisions authorizing the allocation to Agency of property taxes levied each year on the increase in o the assessed valuation of property Within the Project Areas above the sum of the assessed values for the Project Areas shown on the assessment rolls as of the tax years in which the Plans Were adopted ("Tax Incramentl') . and WHEREAS, the Project Areas are located within -the boundaries of, and are served by, the Desert Water Agency (IIDWAII) ; and WHEREAS, since the adoption o:1 the Plans, the Agency has been collecting Tax Increment from the Project Areas, which has included Tax Increment attributable to DWA levies including certain property taxes levied for the purpose of payment of DR'A's state water project debt service; and WHEREAS, DWA has taken the position with the Agency that, by virtue of its tax allocation provisions, the Plans result in a "financial burden or detriment" to DWA within the meaning of Health and Safety Coda Section 33012 ; and WHEREAS, Agency is authorized by Health and Safety Code Section 33401 to compensate affected taxing entities, including DWA, by paying to such taxing entities any amount of money which Agency determines is appropriate to alleviate any financial burden or detriment to such taxing entities caused by Agency's implementation of the Plans; and WHEREAS, Agency and DWA have negot- 4ated in good faith to reach O an agreement pursuant to Health and Safety Code Section 33401 whereby Agency compensates DWA for any financial burden or detriment to DWA caused by Agency's implementation of the Plans. NOW, THEREFORE, BE IT RESOLVED by' the Community Redevelopment Agency of the City of Palm Springs, as follows: C_ Res. No. 813 Section 1. The Agency and DWA have negotiated in good faith and reached an agreement providing for reimbursement to DWA of certain Agency tax increment funds from the Project Areas pursuant to Health and Safety code Section 33401, a true and correct of which agreement is on file in the office of Assistant Secretary of the Agency. section 2 . The Agency hereby finds and determines that the Plans cause DWA a "financial burden or detriment" within the meaning of Health and Safety Code Suction 33012 and that the Agency's payments to DWA as set forth in the agreement referenced in Section 1 of this Resolution are necessary to alleviate such financial burden or detriment. This finding of Agency is supported by the substantial evidence described in the staff report and supporting documents which are made a part hereof as though fully set forth. Section 3 , The agreement between the Agency and DWA referenced in Section 1 of this Resolution is hereby approved. Section 4. The Executive Director of the Agency is hereby author zed to make any necessary final technical and clerical changes to the agreement prior to its execution, in the form approved by the Agene-y Counsel, and the chairman of the Agency is autlaorized and directed to execute the agreement on behalf of the Agency. ,ADOPTED this 4th day of September, 1991. AWES; Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES; None ABSENT: None ATTEST# CORRUNITY REDSVETAPMENT AGENCY " OF THE CITY OF P ;A- 3PRINGS By: BY A�x tint Secretary �'q Cha rman -- REVIEWED AND APPROVED: 8/394/014084-0022/030 RESOLUTION NO. 814 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A LOAN IN THE AMOUNT OF $200, 000 TO THE COACHELLA VALLEY HOUSING COALITION FOR THE COYOTE RUN APARTMENTS ------------------- WHEREAS, pursuant to Health and Safety Code Section 33334. 2 et seq. , the Agency is to establish a low and moderate income housing set aside fund and expend funds for housing purposes; and WHEREAS, the Community Redevelopment Agency of the City of Palm Springs has established an affordable housing set aside fund; and WHEREAS, the Coachella Valley Housing Coalition has obtained Rental Housing Construction Program and Tax Credit Financing from the State of California for an affordable housing project; and WHEREAS, certain pre-development expenses totalling $200, 000 must be paid prior to the availability of these funds. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs approves a secured loan with the Coachella Valley Housing Coalition for $200, 000, in a form approved by General Counsel, to be repaid on or before March 1, 1993 . ADOPTED this 18th day of September 1991. AYES. Councilmembers Broich, HOdges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None O ATTEST: COMMUNITY ]REDEVELOPMENT AGENCY / CITY OF PALM SPRINGS, CALIFORNZA i Assistant Secr`e'tary 'Chairman REVIEWED & APPROVED 2�ti _ CJ RESOLUTION NO. 815 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AMENDMENTS TO CONARD COLE DISPOSITION AND DEVELOPMENT AGREEMENT AND EXTENDING AGREEMENT ON A MONTH-TO-MONTH BASIS, DECREASING LOW- INCOME AFFORDABILITY REQUIREMENT FROM 50% TO ' 30% OF THE PROJECT UNITS. ------------------------------- WHEREAS, the Redevelopment Agency has approved the Disposition and Development Agreement with Conard Cole Associates, where the construction of a 100-unit Congrecare facility for the elderly; and WHEREAS, the developer is pursuing financing for this project from the Department of Housing and urban Development; and WHEREAS, there are certain unavoidable delays in the processing of the project. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs that the Disposition Development Agreement is extended for a period of 30 days and the requirement that 50% of the project units be affordable to low-income elderly is amended to a requirement that 30% of the project's units be affordable to low-income elderly and the remaining 70% be affordable to moderate-income elderly in a form approved by General Counsel . ADOPTED this 18th day of September , 1991. ' AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY/ j' CITY OF PALM SPRING CALIFORNIA Assistant Secretary Chairman C REVIEWED & APPROVED 1 RESOLUTION NO. 816 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS ' AUTHORIZING THE THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS ("PUBLIC AGENCY") TO JOIN WITH OTHER PUBLIC ,AGENCIE'z AS A PARTICIPANT OF THE CALIFORNIA ARBITRAGE MANAGEMENT TRUST AND TO INVEST IN SHARES OF THE TRUST AND IN INDIVIDUAL PORTFOLIOS. WHEREAS, Section 6502 of Title 1 , Division 7, Chapter 5 of the Government Code of the State of California (the "Joint Exercise of Powers Act") provides that, if authorized by their legislative or other governing bodies, two or more public agencies by agreement may jointly exercise any power common to the contracting parties; and WHEREAS, Under Section 6500 of the Joint Exercise of Powers Act a "public agency includes but is not limited to any California county, county board of education, county superintendent of schools, city, city and county, public corporation, public ',district, regional transportation commission or state department or agency; and WHEREAS, public agencies which constitute local agencies, as that term is defined in Section 53630 of Title 5, Division 2, Part 1 , Chapter 4, Article 2 of the Government Code of the State of California, are authorized pursuant to Section. 53635 thereof to -invest all money belonging to, or in the custody of, the local agency in certain specified investments; and WHEREAS, the California Arbitrage Management Trust (the "Trust") was established, pursuant to and in accordance with the Joint Exercise of Powers Act, by a Declaration of Trust, made as of December 15, 1989 (the "Declaration of Trust") by Monterey Peninsula Water Management District and Placer County, as the initial Participants, as a vehicle for public agencies to jointly exercise their common power to invest bond proceeds, and to secure related record keeping, custodial and Federal arbitrage rebate calculation services; and WHEREAS, pursuant to and in accordance with the Joint Exercise of Powers Act, the Public Agency desires to join the other public agencies which are or will be Participants of the Trust by adopting and executing the Declaration of Trust, a form which has been presented to this meeting; and WHEREAS, the Public Agency is a public agency as that term is defined in the Joint Exercise of Powers Act; and WHEREAS, there has been presented to this meeting an Information Statement describing the Trust and the Individual Portfolios to be managed by the Investment Adviser to the Trust (the "Information Statement") ; NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: SECTION 1 . Public Agency shall join with other public agencies pursuant to and in accordance with the Joint Exercise of Powers Act by executing the Declaration of Trust and thereby becoming a Participant in the Trust, which Declaration of Trust is hereby approved and adopted. A copy of the Declaration of Trust shall be filed with the minutes of the meeting at which this Resolution was adopted. The Chairman of the Community Redevelopment: Agency of the City I D of Palm Springs is hereby authorized to execute, and the Assistant Secretary is 'hereby authorized to attest and deliver, the Declaration, of Trust, in substantially the form presented at this meeting. Res. No. 816 Page 2 SECTION 2. The Public Agency is hereby authorized to purchase shares in the Trust from time to time with available bond proceeds of the Public Agency, and to redeem some or all of those shares from time to time as such proceeds are needed for the purposes for which such bonds were issued. SECTION 3. The Public Agency is hereby authorized to invest available bond proceeds of the Public Agency from time to time in one or more Individual Portfolios managed by the Investment Adviser to the Trust and described in the Information Statement. SECTION 4. The appropriate officers, agents and employees of Public Agency are hereby authorized and directed in the name and on behalf of Public Agency to take all actions and to make and execute any and all certificates, requisitions, agreements, notices, consents, warrants and other documents, which they, or any of them, might deem necessary or appropriate in order to accomplish the purposes of this Resolution. SECTION 5. This Resolution shall take effect at the earliest date permitted by law. Adopted this 2nd day of October 19gL. AYES: Agency Members Broich, Hodges, Murawski and Neel NOES: None ABSENT: Chairman Bono ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA BY Assistant Secr6ta-ry -` Chairman" REVIEWED & APPROVED RESOLUTION NO. 817 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE o SECTION 33445 RELATING TO PAYMENT OF ALL OR PART OF THE VALUE OF LAND FOR AND THE COST OF THE INSTALLATION AND C014STRUC'TION OF CERTAIN BUILDINGS, FACILITIES, STRUCTURES, AND OTHER IMPROVEMENTS WITHIN CERTAIN PROJECT AREAS WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ("Agency") adopted the Redevelopment Plan for the Central Business District Project ("Central Business District") on July 27, 1973, pursuant to Ordinance No. 952 (the "Central Business District Plan") ; and WHEREAS, the Agency adopted the Redevelopment Plan for the North Palm Canyon Project on October 19, 1984, pursuant to Ordinance No. 1227 (the "North Palm Canyon Plan") ; and WHEREAS, the Agency adopted the Redevelopment Plan for the South Palm Canyon Project on November 30, 1983, pursuant to Ordinance No. 1203 (the "South Palm Canyon Plan") ; and WHEREAS, the Agency adopted the Redevelopment Plan for the Baristo-Farrell Project on June 6, 1986, pursuant to Ordinance No. 1264 (the "Baristo-Farrell Plan") ; and WHEREAS, the Agency adopted the Redevelopment Plan for the Ramon-Bogie Project on November 30, 1983, pursuant to Ordinance No. '1202 (the "Ramon-Bogie Plan") ; WHEREAS, the Agency adopted the Redevelopment Plan for Redevelopment Project No. 9 on December 21 , 1988 pursuant to Resolution No. 583 (the "Project No. 9 Plan") ; and WHEREAS, the Agency adopted the Redevelopment Plan for the Tahquitz-Andreas Project on August 26, 1983 pursuant to Resolution No. 145 (the "Tahquitz-Andreas Plan") ; (collectively the "Project Areas") and WHEREAS, the Agency has acquired, or will acquire, certain land (the "Land") and has constructed, or will construct, certain buildings, facilities, structures, and other improvements (collectively "Improvements") within the Project ' Areas described above which are, or will become, publicly-owned within the meaning of Health & Safety Code Section 3345 (the "Statute") ; WHEREAS, the Members of the Agency ("Agency Members") have determined that certain publicly-owned Improvements within the meaning of the Statute, located within one Project Area are of benefit to certain Project Areas other than the Project Area in which the Land and/or Improvements are physically located; and WHEREAS, the Agency Members have determined that absent the payment of certain project costs by project areas which receive benefit from the land and/or improvements, but in, which the Land and/or Improvements are not physically located, no other reasonable means of financing such Land and/or Improvements are available to the community; and zt.b2 Res. No. 817 Page 2 WHEREAS, all of the findings cnd eeterminations made herein were based upon careful consideration and analysis of all relevant and available evidence ' NOW, THEREFORE, the Agency Members do hereby resolve and determine as follows: Section 1 . The land acquired for the purpose of constructing and installing a fire station which is located within the Tahquitz-Andreas Project is hereby determined to be of benefit to the Baristo-Farrell Project and the immediate neighborhood in which the Baristo-Farrell Project is located in that it (i ) enhances the revitalization of the Baristo-Farrell Project, as it will provide needed fire protection services to the variety of commercial , retail , office, residential , and public uses existing in, and proposed to exist in, the Baristo-Farrell Project; (ii ) enhances the marketability of property located within the Baristo-Farrell Project due to the improved and higher level of fire protection services available upon completion of the fire station; and (iii ) contributes to the elimination of blight in the Baristo-Farrell Project. Section 2. The public parking facilities constructed in the Central Business District Project are of benefit to the North Palm Canyon Project, the South Palm Canyon Project, and the Baristo-Farrell Project, and the immediate neighborhoods in which the project areas are located, in that the public parking facilities: (i ) are generally available to patrons utilizing commercial and retail businesses within all of the above-described project areas; (ii ) enhance the revitalization ' of the North Palm Canyon Project, the South Palm Canyon Project, and the Baristo-Farrell Project; (iii ) by promoting and facilitating available public parking, increases employment within the North Palm Canyon Project, the South Palm Canyon Project, and the Baristo-Farrell Project; (iv) enhance the marketability of commercial and retail property within the North Palm Canyon Project, the South Palm Canyon Project, and the Baristo-Farrell Project; and (v) contribute to the elimination of blight in the North Palm Canyon Project, the South Palm Canyon Project, and the Baristo-Farrell Project, Section 3. The renovation and rehabilitation of the Plaza Theatre, which constitutes a publicly-owned building, facility, structure or improvement within the meaning of the Statute physically located within the Central Business District Project, is of benefit to the North Palm Canyon Plan, the South Palm Canyon Project, and the Baristo-Farrell Project, and Project No. 9 and the immediate neighborhoods in which said project areas are located, in that the Plaza Theatre, by attracting patrons into said projects and the immediate neighborhoods in which said projects are located, (i ) enhances the revitalization of the City's retail and commercial areas located within the above-described projects; (ii ) increases employment within the above-described projects; (iii ) generates extra tax revenues for the use of the Agency within the above-described projects; (iv) enhances the marketability of commercial and retail property within the above-described projects; and (v) contributes to the elimination of blight in the above-described projects. Section 4. Based upon the benefit findings contained in Sections 1-3 above, the Agency is hereby authorized to repay certain City Loans pursuant to the Schedule, in the amounts, and from the project areas indicated below: Res No. 817 Page 3 Central north 5,;,]th Business Palm Palm Ramon Baristo Purpose District Canyon Canyon Bogie Farrell Total Administration $288,000 $16,100 $ 38,100 $ 32,600 $ 0 $374,800 Sidewalks 0 0 0 0 60,700 60,700 Land Writedown 0 135,000 0 751 ,000* 0 886,000 Fashion Plaza Offsites 313,600 0 0 0 0 313,600 CBD Parking 0 357,296 357,296 0 357,297 1 ,071 ,889 Plaza Theatre 173,500 173,500 173,500 0 173,877 694,377 $775,100 $681 ,896 $568,896 $783,600 $591 ,874 $3,401 ,366 *This repayment cannot occur until the Auto Center site is sold to an outside party and the actual land writedown is established to be at least $751 ,000. If the actual writedown is less, the repayment amount will be limited to the smaller figure. Section 5. The expenditures by the Agency for which the City Loans relate, pertain to, among other things, the Land and Improvements generally described in Sections 1-3 above, and could not have been made but for the advance of said funds to the Agency from the City. The O City Loans constitute valid and binding obligations of the Agency to the City which must be repaid. Through adoption of this Resolution, the Agency Members specifically determine and find that no other reasonable means of financing such Land and improvements were or are available to the community except as provided herein. Section 6. Based upon the findings contained in Sections 1-5 above, the Agency Members specifically authorize and approve the repayment of the City Loans from the proceeds, of the loans by the City of Palm Springs Financing Authority (the "Authority") to the Agency from proceeds of the Authority's Revenue (Tax Allocation) Bonds, 19911 Series B (Agency Loans) in the manner provided herein. , Section 7. This Resolutions shall take effect from and after the date of its passage and adoption. Adopted this 2nd day of October 19 91L AYES: Agency Members Broich, Hodges, Murawski and Neel NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS;jCALIFO�NIA By X L/ l Asst.., cretary c, Chairman REVIEWED & APPROVED _ RESOLUTION NO. 818 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGO, CALIFORNIA AUTHORIZING THE ALLOCATION OF FUNDS FROM THE BOND PROCEEDS OF THE SERIES B 1991 TAX ALLOCATION BOND ISSUE WHEREAS the Ci'Ly of Palm Springs Financing Authority issued $14,030,000 in tax allocation bonds; and WHEREAS, the tax increment from the Central Business District, North Palm Canyon, South Palm Canyon, Bari sto/Farrell , and Ramon/Bogie project areas is pledged to repay a portion of that bond issue; and WHEREAS, the net proceeds of the bond issue attributable to the project areas noted above are $6,852,513.43 NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, as follows: SECTION 1 . That the net proceeds from said -tax allocation Bond Issue shall be expended for the repayment of loans made from various City Funds ($3,401 ,366) ; for the repayment of loans made from developers as incentives ($1 ,018,000) and for reimbursement of FY91-92 and FY92-93 administrative costs ($478,900). SECTION 2. That the balance of said net proceeds (approximately ' $2,000,000) shall be used for purposes as may be approved by the Agency. ADOPTED this 2nd _ day of October 1991 . AYES: Agency Members Broich, Hodges, Murawski and Neel NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, ,CA'L%IFORNIA By � f / Asst.SeG.retary C Chairman r ` REVIEWED E APPROVED A3D - RESOLUTION NO. 819 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PA,M SPRINGS, CALIFORNIA, APPROVING AN ARCHITECTURAL AGREEMENT WITH CIOFFI AND KAPTUR PROVIDING FOR PROFESSIONAL SERVICES FOR THE REFURBISHMENT OF THE PLAZA THEATRE. WHEREAS Plaza Theatre is vital entertainment facility in the heart of the Central Business Distract; and WHEREAS it is necessary to make electrical and HVAC improvements to the building; and WHEREAS the proposed improvements will allow the facility to be used for live performances; and WHEREAS it is necessary to have plans and specifications drawn for the required improvments; NOW THEREFORE, BE IT RESOLVED by the', Community Redevelopment Agency of the City of Palm Springs, California does hereby approve the architectural contract with Cioffi and Kaptur to render professional services providing for total compensation of 12% of the construction costs. e ADOPTED this 2nd day of October 1991, AYES: Aqency Members Broich, HLiravdski , and Neel NOES: Aqency Member Hodges ABSENT. Chairman Bono ATTEST: CITY OF PALM SPRINGS-,,, CALIFORNIA A�-A—stant Secretary Chairman REVIEWED AND APPROVED: _� RESOLUTION NO. 820 Oh' THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AWARDING A BID TO MARY TEMPLE CONSTRUCTION, INC. FOR PLAZA THEATRE RENOVATION. ' v WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, California ("Agency") , is carrying out the Redevelopment Plan for the Central Business District Project Area ("Project Area") ; and WHEREAS, in implementing the Redevelopment Plan, the Agency is in the process of renovating the Plaza Theatre; and WHEREAS, renovation will include the upgrading of the electrical system, -replacement and relocation of the HVAC system, installation of a second handicapped restroom facility and preparation of tine addition of dressing rooms; and WHEREAS, a two-step bid process has been utilized to select a contractor for construction of the improvements. NOW, THEREFORE, BE IT RESOLVED that the CommuniL-y Redevelopment Agency of the City of Palm Springs, California does hereby award bid to Mark Temple Construction, Inc. for Plaza Theatre renovation and authorizes construction in the amount of $345,545.00. ADOPTED this 8th day of October , 1991. ' AYES: Agency Members Broich, Hodges, Murawski , Neel and Mayor Bono NOES. None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS-,CALIFORNIA By ASSl.sz-ant. Secretary chairman REVIEWED r REVIEWED & APPROVED 1 RESOLUTION HO. 821 OF THE COMMUNITY REPrVEP.OPMENT AGENCY OF THE CITY OF PALM SPRiNGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1991-92 FISCAL YEAR, WHEREAS Resolution 791 , approving the budget for the fiscal year 1991-92 was adopted on June 18, 1991 ; 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 wiLh this Resolution, and that Resolution 791 , adopting the budget for the 1991-92 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o, 921 0180 7609 300,000 Title: Plaza Theatre Central Business Plaza Theatre District Renovaticn Purpose: To provide funds for the electrical , heating/air conditioning and handicap facilities for the Plaza Theatre. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o, 819 301 $300,000 Title: Project Area #9 Fund Balance Adopted this 8th — day of October 19 91. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPR-INGS Y Secretary — Chal rman— REVIEWED AND APPROVED K �L� RESOLUTION NO. 822 RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM S ;INCS, TRANSFERRING CERTAIN DEBTS OF THE CENTRAL BUSINESS DISTRICT PROJECT ' AREA TO THE PROJECT AREA NO. 9 AND THE BARISTO/FARRELL PROJECT AREAS WHEREAS the City of Palm Springs has made loans in May and June, 1991 totalling $827,000 to the Community Redevelopment Agency Central Business District project area for expenses associated with the renovation and rehabilitation of the Plaza Theatre; and WHEREAS, by resolution of the Community Redevelopment Agency adopted October 2, 1991 , a finding was made that the renovation and rehabilitation of the Plaza Theatre is of benefit to the Bari sto/Farrell project area and Project Area No. 9; and WHEREAS, the Baristo/Farrell project area and Project Area No. 9 are projected to have sufficient tax increment to service all existing debts within those areas, plus the above noted debt of the Central Business District, NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, as follows: That the loans dated 5/l/91 , 6/3/91 and 6/19/91 for $200,000, $330,000 and $297,000 respectively from the Wastewater Treatment Plant Fund t to the Central Business District Debt Service Fund shall be transferred as follows: $413,500, with interest payable at the rate of 6% per year, shall become a debt of the Baristo/Farrell Project Area Debt Service Fund, and $413,500, with interest payable at the rate of 6% per year, shall become a debt of the Project Area No. 9 Debt Service Fund. Adopted this 16th day of �19:ober 19 91 . AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None COMMUNITY REDEVELOPMENT AGENCY OF ATTEST:_ \ THE CITY OF PALM SPRINGS,-,CALIFORNIA By Asst.:.,Secretary F Chairman REVIEWED u APPROVED_1� i L.. RESOLUTION NO. 823 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALI., ORNIA, APPROVING THE RESCHED- ULING OF THE PALM SPRINGS PERFORMING ARTS CENTER'S ANNUAL SEPTEMBER, 1991 REPORT, AS REQUIRED BY A MEMORANDUM OF UNDERSTANDING, TO FEBRUARY, 1992. NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs that: the Palm Springs Performing Arts Center's Annual September, 1991 Report, as required by a Memorandum of Understanding is hereby resched- uled to February, 1992 . ADOPTED this 16'th day of October 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES-. None ABSENT., None ATTEST: CITY OF PALM SPRINGS-;`?CALIFORNIA By Assistant cretary Chairman REVIEWED & APPROVED RESOLUTION NO. 824 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA TO LEASE PREMISES AT IMF NORTH PALM CANYON DRIVE TO "A PLACE OF INTEREST, ' INC.", OWNED BY ROBERT CASTRE DBA DESERT COMICS, FOR A TERM OF ONE YEAR (PA # 1/BLOCK 1) WHEREAS, the Community Redevelopment Agency desires to lease premises at 406 North Palm Canyon Drive; and WHEREAS, Robert Castre has asked to lease the premises for the purpose of conducting therein a comic book sales business. 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 Community Redevelopment Agency is hereby authorized to enter into a lease with Robert Castre DBA "A Place of Interest, Inc.", on the premises at 406 North Palm Canyon Drive. Section 2. Lease shall be for a term of one year at a rent of $650 per month. Section 3. Improvements to remain with the store. Section 4. Liability insurance to be provided by lessee, according to City 1 requirements. Section 5. Lessee is responsible for maintenance of interior of store and City is responsible for exterior maintenance. Adopted this 16th day of cteber 1991 . AYES: Agency Members Broich, IAodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA A,ssi Cant Secretary Chairman REVIEWED AND APPROVED: ° �, RESOLUTION NO. 825 OF THE COMMUNITY REDS�ELOPHENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A RESCISSION, WAIVER AND SETTLEMENT AGREEMENT BY AND AMONG THE COMMUNITY REDEVEL- OPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, THE CITY OF PALM DESERT AND THE PALM DESERT REDEVELOPMENT AGENCY. NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California, does hereby approve the Rescission, Waiver and Settlement Agreement by and among the Community Redevelopment Agency of the City of Palm Springs, California, the City of Palm Desert and the Palm Desert Redevelopment Agency, 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 16th day of October, 1991. ADOPTED this 16th day of Oci:ober 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST; l CITY OF PALM[ SPRINGS, CALIFORNIA t > ,.Assistant secretary Ch,ai'rmari- RESOLUTION NO. 826 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, TO LEASE PREMISES AT 404 NORTH PALM CANYON DRIVE, TO CASEY THANG NGOC NGUYEN DEAR BEAUTIFUL NAPS FORA TERM OF ONE YEAR. IPA # 1/ BLOCK I WHEREAS, the Community Redevelopment Agency desires to lease premises at 404 North Palm Canyon Drive; and WHEREAS, Casey Thang Ngoc Nguyen has asked to lease the premises for the purpose of conducting therein a nail and manicure business. 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 Community Redevelopment Agency is hereby authorized to enter into a lease with Casey Thong Ngoc Nguyen DBA Beautiful Nails on the premises located at 404 North Palm Canyon Drive, Palm Springs, California. Section 2. Lease shall be for a term of one year at a rent of $650.00 per month. Section 3. Improvements to reriain with the store. Section 4. Liability insurance to be provided by Lessee, according to City requirements. t Section 5. Lessee is responsible for maintenance of interior of store and City is responsible for exterior maintenance. ADOPTED this 6th day of November 1991. AYES: Agency Members Broich, liodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA _a BY:CL.� Assistant Secretary Chairman Reviewed and Approved: �/�.� 1 RESOLUTION NO. 827 OF THE COMMUNITY REDEVELOPMENT AGENCY OF' THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A RESCISSION, WAIVER AND SETTLEMENT AGREEMENT BY AND AMONG THE COMMUNITY REDEVEL- OPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, THE CITY OF INDIAN WELLS AND THE INDIAN WELLS REDEVELOP- MENT AGENCY. NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California, that it does hereby approve the Rescission, Waiver and Settlement Agreement by and among the Community Redevelopment Agency of the City of Palm Springs, California, the City of Indian Wells and the Indian Wells Redevelopment Agency, 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 6th day of November, 1991. ADOPTED this 6th day of November __, 1991. AYES, Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None O ATTEST. CITY OF PALM SPRINGS, CALIFORNIA Bye L._ ssi_stant Secretary Chairman' fl RESOLUTION NO. 828 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A RESCISSION, WAIVER AND SETTLEMENT AGREEMENT BY AND AMONG THE COMMUNITY REDEVEL- OPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, THE CITY OF LA QUINTA AND THE LA QUINTA REDEVELOPMENT AGENCY. NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California, that it does hereby approve the Rescission, Waiver and Settlement Agreement by and among the Community Redevelopment Agency of the City of Palm Springs, California, the City of La Quinta and the La Quinta Redevelopment Agency, 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 6th day of November, 1991. ADOPTED this 6th day of November 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None t ABSENT: None ATTEST: CITY OF PALM SPRINGS, CALIFORNIA .f y (__�Assi scant secretary Chairman— (I fr_'L J_ - Resolution No. 829 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA,TO LEASE PREMISES AT 400 NORTH PALM CANYON DRIVE,TO RALPH CONSTANlINO, dba CONSTANTINO STUDIO, FOR AI TERM OF TWO YEARS PA 1/BLOCK 1). WHEREAS, the Community Redevelopment Agency desires to lease premises at 400 North Palm Canyon Drive; and WHEREAS, Ralph Constantino has asked to lease the premises for the purpose of conducting therein an artist studio of original artworks, on canvas, and fine garments: 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 Community Redevelopment Agency is hereby authorized to enter onto a lease with Ralph Constantino, dba Constantino Studio, on the,premises located at 400 North Palm Canyon Drive, Palm Springs, California. Section 2. Lease shall be for a term of two years at a rant of $650.00 per month. Section 3. Improvements to remain with the store. Section 4. Liability insurance to be provided by Lessee, according to City requirements. Section 5. Lessee is responsible for maintenance of interior of store and City is responsible for exterior maintenance as provided in the lease. Adopted this 20t�Jay of November , 1991. AYES: Agency Members Hodges, Murawski , Neel and Vice-Chairman Broich NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY By L Assistant Secretary Chairman REVIEWED & APPROVED Lrb`J Resolution No: 830 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS,CALIFORNIA,APPROVING PERSONAL SERVICE CONTRACT WITH LARRY AND BELL BLESI FOR THE MANAGEMENT OF THE MONTE VISTA HOTEL FOR THIRTY DAYS IPA #1/BLOCK 1). WHEREAS;the Community Redevelopment Agencytook possession of the Monte Vista Hotel, 414 North Palm Canyon Drive, by its action on August 9, 1988, Resolution No. 547; and WHEREAS; the position of Manager became vacant on November 11 , 1991; and WHEREAS; the position of Manager was advertised, interviews took place, and Larry and Bell Blesi were offered the position; and WHEREAS; the Agency wishes to continue the operation of said hotel in an orderly manner: NOW, THEREFORE: BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California, does hereby approve the Personal Service Contract with Larry and Bell Blesi for the management of the Monte Vista Hotel for thirty days. A copy of said agreement is on file in the office of the City Clerk. Adopted this 20th day of November , 1991. Ayes: Agency flembers Hodges, Murawski , Neel and Vice-Chairman Broich Noes: None Absent: Chairman Bono ATTEST:_ _ COMMUNITY REDEVELOW TAGENCY ✓ J '� �� " BY ,Assistant ecre ary CFirman REVIEWED & APPROVED C `ram - c! - 10 RESOLUTION NO. 831 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BYLAWS FOR THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs that ,ARTICLE III - MEETINGS, Section 31 of the Agency's Bylaws be amended to read as follows: Section 31. Regular .Meetings: Regular meetings of the Agency shall be held at the Palm Springs City Hall on the first and third Wednesdays of the month at the hour of 7: 30 p.m. except that when either of said meetings fall on a holiday, that meeting shall be held the following day at the same time and place. Regular study session meetings of the Agency shall be held on Tuesdays at the hour of 1: 00 p.m. , or as soon thereafter as the meeting ,may be convened, preceding a regularly scheduled Wednesday Agency Meeting. Whenever there is no business to be transacted, the meeting shall be automatically cancelled. Minutes of a previous; meeting, upon completion of their preparation by the secretary, shall be presented to the Agency for review and approval at its next regular meeting held to transact other items of business. ADOPTED this 18th day of December _, 1991. O AYES• Agency Members Hurawski , Neel and Chairman Bono NOES• Agency Members Broich and Hodges ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By Asst. Secretary Chairl an REVIEWED & APPROVED CC, CL - �- RESOLUTION NO. 832 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS APPROVING THE GRANTING OF AN EASEMENT TO JERRY FRANKEL AND CHRISTOPHER FRANKEL WHEREAS the Community Redevelopment Agency of the City of Palm Springs is the owner of APN 508-131-009; and WHEREAS Jerry Frankel and Christopher Frankel have requested an easement for the installation, maintenance and replacement of sanitary facilities; and WHEREAS granting the easement requested by the Frankels will not interfere with the existing improvements or any improvements planned for the future and will be in the best interests of the City. NOW THEREFORE BE IT RESOLVED by the Board of Directors of the Community Redevelopment Agency of the City of Palm Springs, as follows: Section 1. Granting an easement to Jerry Frankel and Christopher Frankel for the installation of sanitary facilities at APN 508-131-009 at the location described in the attached Grant Of Easement and shown on the plat attached is hereby approved. Section 2 . The Executive Director and the Assistant-Secretary are hereby authorized to execute the said Grant Of Easement on behalf of the City of Palm Springs. Section 3 . The Assistant-Secretary of the Community Redevelopment Agency is hereby authorized to record said Grant of Easement in the office of the County Recorder of Riverside County. Adopted this 18th day of December , 1991 AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, C IFORN A By �}�� Assistant-Secretary - Chair a-n REVIEWED & APPROVED RESOLUTION NO. 833 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS APPROVING THE GRANTING OF AN EASEMENT TO FRED GOTTSCHALK AND ].HELEN GOTTSCHALK WHEREAS the Community Redevelopment Agency of the City of Palm Springs is the owner of APN 508-131-009; and WHEREAS Fred Gottschalk and Helen Gottschalk have requested an easement for the installation, maintenance and replacement of sanitary facilities; and WHEREAS granting the easement requested by the Gottschalks will not interfere with the existing improvements or any improvements planned for the future and will be in the best interests of the city. NOW THEREFORE BE IT RESOLVED by the Board of Directors of the Community Redevelopment Agency of the City of Palm Springs, as follows: Section 1. Granting an easement. to Fred Gottschalk and Helen Gottschalk for the installation of sanitary facilities at APN 508-131-009 at the location described in the attached Grant Of Easement and shown on the plat attached is hereby approved. Section 2. The Executive Director and the Assistant-Secretary are hereby authorized to execute the said Grant Of o Easement on behalf of the City of Palm Springs. Section 3 . The Assistant-Secretary of the Community Redevelopment Agency is hereby authorized to record said Grant of Easement in the office of the County Recorder of Riverside County. Adopted this 18th day of December 1991 AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, C LIFOANIA By �� Assistant-Secretary -Chair an REVIEWED & APPROVE (D RESOLUTION NO. 834 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE RENEWAL OF THE PERSONAL SERVICE CONTRACT WITH LARRY AND LOIS (BELL) BLESI FOR THE MANAGEMENT OF THE MONTE VISTA HOTEL FOR THIRTY DAYS (PAt/1/BLOCK 1) - - - - - - - - - - - - WHEREAS,the Community Redevelopment Agency took possession of the Monte Vista Hotel, 414 N. Palm Canyon Drive, by their 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 month in a satisfactory manner; and WHEREAS, the Agency wishes to continue the operation of said hotel in an orderly manner. NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California, does hereby approve the renewal of the Personal Service Contracts with Larry and Lois (Bell) Blesi for the management of the Monte Vista Hotel for 30 days commencing December 11, 1991 and ending January 9, 1992. A copy of said agreement is on file in the office of the City Clerk. ADOPTED this 18th day of December 1991 . ' AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT A ENCYOFTHE CITY OF PALM SPRI , CALIFOINIA By. Assistant Secretary Chairman REVIEWED & APPROVED: 15_ T C� r� - � - � RESOLUTION NO. 835 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, CONCURRING WITH CIT.'Y COUNCIL MINUTE ORDER NO. 4911, APPROVING A CONTRACT.' FOR PROFESSIONAL SERVICES WITH KEYSER MARSTON ASSOCIATES, INC. WHEREAS, on December 4 , 1991, the City Council of the City of Palm Springs approved a Contract for Professional Services with Keyser Marston Associates, Inc. ; and WHEREAS, the scope of professional services will include work for the Community Redevelopment Agency of the City, of Palm Springs. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, California to concur with City Council Minute order No. 4911, approved December 4 , 1991, approving Contract for Professional Services with Keyser Marston Associates, Inc. ADOPTED this 18th day of December 1991. AYES: Agency Members Broich, Murawski , Neel and Chairman Bono NOES: Agency Member Hodges ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY O CITY OF PALM SPRIN CALIFO IA i ) Assist nt Secretary / Chairman REVIEWED & APPROVED 4P RESOLUTION NO. 836 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS APPROVING A LOAN GUARANTEE IN THE AMOUNT OF 1250,000 FOR ZACHARY FRANKS AND CHILLERS ' RESTAURANT AND AUTHORIZING AN OWNER PARTICIPATION AGREEMENT. - - - - - - - - - - - - - - - WHEREAS, the Community Redevelopment Agency of the City of Palm Springs has designated the Central Business District as a redevelopment project area; and WHEREAS, there is a need to locate new businesses in vacant store fronts in the downtown; and WHEREAS, Bank of America acknowledges and is aware that the City of Palm Springs will take a first position Deed of Trust on this property; and WHEREAS, Zachary Franks has recently purchased the building at 262 South Palm Canyon Drive and wishes to locate a restaurant in that location; NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, that $250,000 of funds from the Agency will be deposited in a Certificate of Deposit with the Bank of America to secure a loan to Zachary Franks, for a period of not more than five years, for the purpose of opening the Chillers Restaurant, and further authorizes the Executive Director to execute an Owner Participation Agreement (OPA) ' in a form approved by the City Attorney. The OPA, in addition to requiring a first deed of trust on the property to secure the loan from the Agency, shall include the that the architecture be compatible with the Downtown Plan and require that live entertainment be provided to enhance the activity level on Palm Canyon. Adopted this 18th day of December 1991. AYES: COUncilmembers Broich, Muraviski , Neel and Mayor Bono NOES: Councilmember Hodges ABSENT: None ATTEST: .. _. ll11 CITY OF PALM SPRI CALIF NIA Assist-ant Secretary REVIEWED & APPROVED: i* ' RESOLUTION NO. 837 OF THE REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA AMENDING THE DISPOSITION AND DEVELOPMENT AGREEMENT WITH THE COACHELLA VALLEY HOUSING COALITION DATED JANUARY 2, 1991. - - - - - - - - - - - - WHEREAS, on January 2, 1991, the City and Redevelopment Agency of the City of Palm Springs O entered into a Disposition and Development Agreement with the Coachella Valley Housing Coalition and the Redevelopment Agency for land owned by the City for the development of a 140 affordable housing complex; and WHEREAS, the Disposition and Development Agreement was amended effective as of May 9, 1991; and WHEREAS, no economically feasible alternatives are available to finance the project pursuant to Health & Safely Code Section 33334.14 because all financial institutions have the same subordination requirement. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, as follows: SECTION 1 . The Agency hereby finds that no economically feasible alternative is available to finance the project, other than by the lenders identified in the Subordination Agreement attached as an exhibit to the Second Amendment, and, therefore, pursuant to Health & Safety Code Section 33334.14, the Agency authorizes the subordination of the use restrictions contained in the Agency's grant deed and regulatory agreement to the lien of the deeds of trust of said Benders, pursuant to the terms of the Subordination Agreement. SECTION 2. The Redevelopment Agency hereby approves the amendment of the Disposition and Development Agreement in substantially the form of the Second Amendment to Disposition and Development Agreement ("Second Amendment") on file with the City Clerk together with any additions thereto or changers therein deemed necessary or advisable by the City Attorney. The Executive Director is hereby authorized to execute and deliver the Second Amendment in the name and behalf of the City. The Agency hereby authorizes the delivery and performance of thie Second Amendment. SECTION 3. All actions heretofore taken by the officers and agents of the City and Agency with respect to the amendment of the Disposition and Development Agreement are hereby approved, ratified and confirmed. The City Manager, the City Attorney and any and all other officers of the City are hereby authorized and directed, for and in the name and on behalf of the City, to do any and all thing!; and take any and all actions, including execution and delivery of any and all assignments, certificates, requisitions, agreements, notices, consents, instruments of conveyances and other documents, which they, or any of them, may deem necessary or advisable in order to consummate the amendment of the Disposition and Development Agreement and to perform the obligations of the City under the Disposition and Development Agreement, as amended. Adopted this 18th day of December, 1991. AYES: Agency Members Broich, Hodges s Murawski , Neel and Chairman Bono NOES: None ABSENT: None ATTEST: REDEVELOPMENT AGEWy Assistant Secretary Chairman REVIEWED & APPROVED: tF / RESOLUTION NO. 838 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS AUTHORIZING THE COMMUNITY REDEVELOPMENT AGENCY EXECUTIVE DIRECTOR TO ACCEPT AN INTEREST IN REAL PROPERTY, WHEREAS,Government Code Section 27281 requires a certificate or resolution of acceptance evidencing consent by the Redevelopment Agency of the City of Palm Springs to accept a conveyance of interest in or easement upon real property; NOW, THEREFORE, BE IT RESOLVED THAT THE AGENCY EXECUTIVE DIRECTOR IS HEREBY AUTHORIZED TO ACCEPT AND CONSENT TO, on behalf of the Redevelopment Agency of the City of Palm Springs, a grant deed dated Dec. 12, 1991 and executed by the City of Palm Springs to convey its interests in the real property described as set forth in the attached Exhibit A.L;�r, Adopted this 18th day of December, 1991. AYES: Agency Members Broich, Hodges, Murawski , Neel and Chairman Bono NOES: None ABSENT: None 7 ATTEST: CITY OF PALM SPRIG, CNIA ' Assistant Secretary 7tffhairynan REVIEWED & APPROVEDf� 1 s: % - v ,L..—