The URL can be used to link to this page

Home My WebLink About1/1/1989 - CRA RESOLUTIONS RESOLUTION NO. 589 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE ACQUISITION OF CERTAIN REAL PROPERTY SUBJECT TO SALE UNDER THE COUNTY TAX DEEDED PARCEL 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 low and moderate income housing program in the City; and WHEREAS certain real property has become available from Riverside County For sale for back taxes; and WHEREAS the Community Redevelopment Agency has determined that the acquisition of said property for the purpose of future housing development is in con- formance with the adopted guidelines for the Low and Moderate Income Housing Program. NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs as follows: SECTION 1. The Executive Director of the Agency is authorized to offer and acquire the following parcels from the County of Riverside in accordance with all applicable laws: Lots 17, 23, 96, 126, 176, and 289 of the Desert Highlands Estates Tract, and Lot 56 of Desert Park Estates Tract #3, also known as APH# 669-414-015-0, 669-394-006-1, 669-383-014-4, 669-413-017-9, ' 669-402-015-3, 669-401-004-0, and 501-294-018-8. SECTION 2. The offer shall be for fifty percent of the County appraised value for each lot and shall not exceed a total of $18,200 for all seven lots plus applicable fees and closing costs. SECTION 3. The Executive Director shall accept the deed on behalf of the Community Redevelopment Agency. SECTION 4. Funds for the purchase shall come from the Low and Moderate Income Housing Fund. SECTION 5. The property shall be held as an asset of the Low and Moderate Income Housing Fund for the future development of affordable housing either separately or in conjunction with adjacent lots. SECTION 6. If one or more properties is redeemed prior to the final sale date, the Executive Director is authorized to purchase the remain- ing lots subject to the conditions above. ADOPTED this 4th date of January 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA 1 . ` Assistant Secretary Chairman`-- REVIEWED AND APPROVED: RESOLUTION NO. 590 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORINIA, APPROVING A CONTRACT WITH UNDER- GROUND UNLIMITED FOR, THE DEMOLITION AND CLEARANCE OF PROPERTY AT 1211 SOUTH PALM CANYON DRIVE FOR AN AMOUNT NOT TO EXCEED $24,200.00 (PA N3/BLOCK 12) . WHEREAS the property at 1211 South Palm Canyop Drive currently represents a blighting influence on the South Palm Canyon Redevelopment Project Area; and WHEREAS the City Building Division is currently limited in its ability to correct existing deficiencies of the property due to its Indian ownership; and WHEREAS the Indian owner has voluntarily agreed to the demolition and clear- ance of the property at Agency expense. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve to approve an agreement with Under- Ground Unlimited for the demolition and clearance of property at 1211 South Palm Canyon Drive in an amount not to exceed $24„200.00 and for these costs to be paid solely from Agency funds. ADOPTED this 4th day of January_ 1983. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT : None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA Bye, _ Assistant Secretary Chairman REVIEWED AND APPROVED:ee �� RESOLUTION NO. 591 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE DEMOLITION AND CLEARANCE OF THE CASA DEL CAMINO PROPERTY (PA #6, BLOCK 2). WHEREAS the Redevelopment Agency purchased property at 1447 N. Palm Canyon Drive to land-bank for future combination with adjacent parcels for develop- ment; and WHEREAS the correction of existing code deficiencies on the property preclude an economic return on leasing the parcel to another party. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby authorize the demolition and clearance of the Casa del Camino property. ADOPTED this 18th day of January 1989. AYES: Agencymembers Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By `ft'sistant Secretary Chairman REVIEWED AND APPROVED:___ _� RESOLUTION NO. 592 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE SPECIFIC DESIGN OF SIDE- WALKS AT THE DESERT MEDICAL ARTS BUILDING (PA #6, BLOCK 10). WHEREAS the Redevelopment Agency has previously approved funding for sidewalk improvements at the Desert Medical Arts Building; and WHEREAS the specific design for said sidewalks has been reviewed and recommended by the North Palm Canyon Redevelopment Advisory Committee. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve to approve the specific design of the side- walks for the Desert Medical Arts Building subject to standard City review procedures. ADOPTED this 18th day of January 1989. AYES: Agency Members Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ABSTAIN: Agencymember Apfelbaum ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By l._� `Assistant Secretary Chairman REVIEWED AND APPROVED: . _- RESOLUTION NO. 593 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN OWNER PARTICIPATION AGREE- MENT WITH STANWILL PROPERTIES, INC. FOR THE DEVELOPMENT OF THE PALM COURT PROJECT (PA #1, BLOCKS 14, 15, 16). WHEREAS the Agency supports the development of the Palm Court site and agrees that it is in the best public interest to have a high quality mixed-use project of low density; and WHEREAS the Agency agrees that it is necessary to absorb a portion of the existing structure values, high land values, and other extraordinary project costs to provide for the feasibility of the desirable development of the Palm Court site. NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California, to approve an owner participation agreement with Stanwill Properties, Inc. , for the development of the Palm Court project. This agreement is on file in the office of the City Clerk. ADOPTED this 18th day of January , 19.89. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono ' NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA r BY Assistant Secretary Chairman' REVIEWED AND APPROVED:_ 1 RESOLUTION NO. 594 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, DECLARING THE PUBLIC NECESSITY FOR THE TAKING OF CERTAIN REAL PROPERTY FOR THE IMPLEMENTATION OF THE REDEVELOP- MENT PLAN FOR THE SOUTH PALM CANYON REDEVELOPMENT PROJECT (CODE OF CIVIL PROCEDURE SECTION 1245.230). WHEREAS the proposed project is the acquisition by the Community Redevelopment Agency of the City of Palm Springs (the "Agency") of a certain portion of a parcel of real property known as parcel no. 513-290-005 for access to permit intersection improvements in the implementation of the Redevelopment Plan for the South Palm Canyon Redevelopment Project (the "Project") approved and adopted by the City Council of the City of Palm Springs on December 30, 1983 by Ordinance No. 1203; and WHEREAS the Agency has advised the affected property owner and has afforded the property owner an opportunity for a hearing before the Community Redevel- opment Agency on February 1, 1989, pursuant to Section 1245.235 of the Code of Civil Procedure, State of California'; and WHEREAS the Agency has made offers to the owner of record of the property identified in the first paragraph to acquire the property in accordance with Section 7267.2 of the Government Code; and WHEREAS a negative declaration has been previously prepared covering the intersection improvements which contemplates the acquisition of the parcel covered by this resolution and a Notice of Determination has been filed as required by the California Environmental Quality Act (Public Resources Code Sections 21000 NOW THEREFORE the Community Redevelopment Agency of the City Palm Springs, California, does hereby resolve the following: SECTION 1. The property to be acquired is necessary for implementation of the Redevelopment Plan for the South Palm Canyon Redevelopment Project. The Agency is authorized to acquire property by eminent domain pursuant to Community Redevelopment Law of the State of California (Health & Safety Code Sections 33000 et. sec . ) including, but riot limited to, Sections 33037 and 33391 thereof. SECTION 2. The general location and extent of the parcel of property to be acquired is as set forth below: That portion of Lot 17 in Section 22, Township 4 South, Range 4 East, San Bernardino Base and Meridian, as shown by Supplemental , Plat Filed in the District Land office, July 10, 1958,, described as follows: Beginning at the southeast corner of said Parcel 2 of Parcel Map No. 19154 in the City of Palm Springs as per map recorded in Book 124 Page 7 of Parcel Maps, records of Riverside County; thence along the southerly line of said Parcel 2, being also the northerly line of said Lot 17, North 89°40' 55" West, 40.00 Feet; thence South 34°20'20i' East, 34.04 feet; thence South 89°40' 55" East, 40.00 feet to the westerly line of State Highway No. 111 (100.00) thence along said westerly line North 34°20'20" West, 34.04 feet to the Point of Beginning'. Resolution No. 594 Page Two SECTION 3. The Agency hereby finds and determines as follows: a. The public interest and necessity require the proposed project. b. The proposed project is planned and located in the manner that will be most compatible with the greatest public good and the least private injury. c. The property described in Section 2 above is necessary for the proposed project. d. The offer required by Section 7267.2 of the government code has been made to the owner or owners of record. ADOPTED the 1st day of February 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS.—CALIFORNIA By_�,_—� -- As-sistant Secretary — _ Chairman — tREVIEWED AND APPROVED: RESOLUTION NO. 595 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A LEASE/PURCHASE AGREEMENT WITH EARLE C. STREBE, F;RANCES B. STREBE, AND GESKA R. LINANE FOR THE ACQUISITION OF THE PLAZA THEATRE PROPERTY (PA #1, BLOCK 11 , WHEREAS the Agency has determined that it is desirable to acquire the Plaza Theatre for renovation and future use as a community theatre; and WHEREAS the Strebe family is amenable to a lease purchase of said property. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve the following: SECTION 1. Authorizes the Executive Director to enter into the lease/purchase agreement with Earle C. Strebe, Frances 13. Strebe, and Geska R. Linane, which is dated November 14, 1988 and is on file in the office of the City Clerk. SECTION 2. Authorizes the Executive Director to transfer• $200,000 in funding from the Block 2 Undergroun'ding Project to fund the first year setaside payment on the project. ADOPTED this 1st day of February____`—, 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA /i -, ftsistant Secretary Chai man REVIEWED AND APPROVED: y RESOLUTION NO. 596 OF THE COMMUNITY REDEVELOPMENT AGENCY ' OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A LEASE/PURCHASE AGREEMENT WITH JOHN WESSMAN FOR THE SALE OF THE PALM CANYON FRONTAGE OF THE PLAZA THEATRE PROPERTY (PA #1, BLOCK 7) . WHEREAS the Agency has approved the lease/purchase of the Plaza Theatre property; and WHEREAS John Wessman has offered to acquire the Palm Canyon frontage of said property which includes Louise's Pantry, and Karen ' s Korner in order to incorporate the existing improvements into his Plaza de las Flores project. NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve to approve the lease/purchase agreement, dated February 1, 1989, with John Wessman for the sale of the Palm Canyon frontage of the Plaza Theatre property. A copy of said agreement is on file in the office of the City Clerk. ADOPTED this 1st day of _FebruarY 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Mayor :Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA _ Assistant Secretary Chairma w�'--Tfi r `----s" n REVIEWED AND APPROVED: —� RESOLUTION NO 597 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A CERTIFICATE OF CONFORMANCE FOR THE SOUTHERN CALIFORNIA EDISON HOLIDAY SUBSTATION, ALSO KNOWN AS ASSESSOR'S PARCEL #504-320-024, IN PROJECT AREA #9. WHEREAS Southern California Edison Company has requested a Certificate of Conformance for property in Project Area #9 known as the Holiday Substation; and WHEREAS the Agency finds that this property continues to be upgraded and well-maintained by Edison. NOW THEREFORE be it resolved that the Community Redevelopment Agency does hereby approve a Certificate of Conformance for the Holiday Substation. ADOPTED this 1st day of February ` , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None o ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By - J) Assistant Secretary - ( Chairman REVIEWED AND APPROVED: _ f! 9 RESOLUTION NO. 598 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE EXPENDITURE OF UP TO $5,000 TO COVER REIMBURSABLE ITEMS RELATED TO THE MUNICIPAL SERVICES, INC. , CONTRACT FOR THE ADOPTION OF PROJECT AREA #9 (AGREEMENT #173) . WHEREAS the Agency has previously approved Agreement #173 for the adoption of Project Area #9; and WHEREAS said Agreement allowed for certain reimbursable expenditures subject to Agency authorization for funding. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve to allow for the expenditure of up to $5,000 to cover reimbursable items related to the Municipal Services, Inc. , contract for adoption of Project Area #9. ADOPTED this 1st day of February 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By sistant Secretar — �As Y REVIEWED AND APPROVED:_�'C.-;�._ RESOLUTION NO. 599 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A CONTRACT WITH GENE HOUSE AND ASSOCIATES IN AN AMOUNT NOT TO EXCEED $10,000, TO ORGANIZE AND ADMINISTER THE FUND-RAISING EFFORT OF THE PLAZA THEATRE RESTORATION,AND TO PROVIDE AN ADDITIONAL $5,000 FOR INCIDENTAL EXPENSES. WHEREAS on February 1, 1989, the Community Redevelopment Agency approved a lease/purchase agreement with the Strebe family for the acquisition of the Plaza Theatre; WHEREAS it is the intent of the Redevelopment Agency to preserve the Plaza Theatre and to influence its long-term use as a benefit to the City of Palm Springs as an entertainment center in the heart of downtown Palm Springs; WHEREAS preliminary studies indicate that a fund-raising effort could provide private donations up to $100,000+ towards the restoration and preservation of the Plaza Theatre and would also provide public involvement and on-going support of this effort; WHEREAS initial funds raised from these private donations could be used to accomplish the first phase of the restoration of the theatre; and WHEREAS Gene House and Associates has submitted a proposed contract to the Agency in regards to the organization and administration of this fund-raising effort. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby approve a contract with Gene House and Associates, a copy of which is on file in the office of the City Clerk, to supply organization and administration of fund-raising efforts for the restoration of -the Plaza Theatre, in an amount not: to exceed $10,000.00, and provide an additional $5,000 for incidental expenses. ADOPTED this _ 1st_ day of ___ March 198'). AYES: Councilmembers Apfelbaum, Broich; Foster, Neel and Mayor Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM :SPRINGS, CALIFORNIA z-Assis��ni- Secretary � � Chairman REVIEWED AND APPROVED: RESOLUTION NO. 600 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT WITH THE PALM SPRINGS UNIFIED SCHOOL DISTRICT FOR A CONSTRUCTION SKILLS TRAINING PROGRAM AND AFFORDABLE HOUSING PROGRAM. WHEREAS the Redevelopment Agency of the City of Palm Springs is committed to the provision of affordable housing to families of low and moderate income; WHEREAS the Redevelopment Agency of the City of Palm Springs and the Palm Springs Unified School District have identified the need for training to improve the quality of skills in the construction trades in the local work force; and WHEREAS the Palm Springs Unified School District has agreed to provide a construction skills training program including hands-on construction experience resulting in the construction of a single family home to be made available to a low or moderate income family. NOW THEREFORE be it resolved that the Community Redevelopment Agency of the City of Palm Springs, California, execute an agreement with the Palm Springs Unified School District for a construction skills training program. ADOPTED this 15th day of March ,1181. t AYES: Agency Members Apfelbaum, Broich, Foster, Neel alnd Mayor Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA i sistant Secretary �" Chai'�rnah -/ REVIEWED AND APPROVED: �C� i p � RESOLUTION NO. 601 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1988 - 89 FISCAL YEAR. WHEREAS Resolution 539 approving the budget fbr the fiscal year 1988-89 was adopted on June 20, 1988; and WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, 'certain amendments to said budget; NOW THEREFORE be it resolved that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 539 adopting the budget for the 1988 - 89 Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 902 0870 7299 $50,000 . 00 Title: Tahquitz- Low & Mod Hsg. Construction Andreas Program n Purpose: To fully fund first year of construction trades training program to be administered by Palm Springs Adult School . Total funding for first home to be $100 , 000. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. 902 0301 $50 , 000 . 00 Title: Tahquitz-Andrea Low & Mod. Hsg. Fund Balance ADOPTED this __ 15th _ day of __March 1989 AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF P LM SPRINGS, CALIFORNT-A By - - �- ------- %<--_—_— _- � � ssistant Secretary Chairman�'�-- REVIEWED AND APPROVED:___ RESOLUTION NO. 602 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 (PA #8). WHEREAS the Community Redevelopment Agency of the City of Palm Springs ("Agency") and the Coachella Valley Community College District District ("District") entered into an agreement on June 4, 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 $5,242 in funds for the 1988-89 Fiscal Year; and WHEREAS the proposed budget is for eligible expenditures as outlined in the Agreement; NO41 THEREFORE BE IT RESOLVED that the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve the following: Section 1. The proposed budget submitted by the District is hereby approved. Section 2. The proposed improvements identified in the proposed budget are hereby found to be of benefit to the Baristo-Farrell Redevelop- ment Project Area and its residents and businesses . ADOPTED this 15th day of March 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and mayor Bono NOES: None ABSENT: None ATTEST; CITY OF� PALM SPRINGS CALTORNIA By Assistant Secretary �. _ Chairman REVIEWED & APPROVED: ' — — WP/CRA: RESOLUTION 'INO. 603 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 REDEVELOP- MENT PROJECT AREA (PA S8) . 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 September 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 pursuant to this Agreement the District has submitted a budget for $18,351 in funds for the 1988-89 Fiscal Year; and WHEREAS the proposed budget is for eligible expenditures as outlined in the Agreement; NOW THEREFORE BE IT RESOLVED that the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve the following: Section 1. The proposed budget submitted by the District is hereby approved. Section 2. The proposed improvements identified in the proposed budget are hereby found to be of benefit to the Baristo-Farrell Redevelop- ment Project Area and its residents and businesses. ADOPTED this 15th day of _Plarch , 1989• AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: CITY—OF PALM SPRINGS, CAL'IF,ORNIA._,. By - L_ ------ — -� )t J �e J '—Assistant Secretary Chairmn,•✓' REVIEWED & APPROVED: WP/CRA:PS USD RESOLUTION NO. 604 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1988 - 89 FISCAL YEAR. WHEREAS Resolution 539 approving the budget fbr the fiscal year 1988-89 was adopted on June 20, 1988; and WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certain amendments to said budget; NOW THEREFORE be it resolved that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 539 adopting the budget for the 1988 - 89 Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 921 0180 7479 $200, 000 Title: Plaza Theatre Cent. Bus . Dist. Lease/Purchase Purpose: To establish new fund to track income and expenses from Plaza Theatre property; existing allocation for this purpose in account ## 811-0180-7479 will be disappropriated. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. 811 _ 0301 $200, 000 Title: Cent. Bus . Dist. Fund Balance ADOPTED this 5th—_ day of April , 1989 _- AYES: Councilmembers Broich, Foster, Neel and Mayor Pro Tem Apfelbaum NOES: none ABSENT: Mayor Bono ATIEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALI.FORNIA Assistant Secretary --- -----` — Chairman REVIEWED AND APPROVED: f —, r�1 .4� RESOLUTION NO. 605 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE COOPERATIVE AGREEMENT WITH THE DESERT WATER AGENCY REGARDING THE DISPOSITION OF TAX INCREMENT REVENUE FROM THE REDEVELOPMENT PROJECT AREA 49. WHEREAS the Agency proposes to undertake certain redevelopment activities in the Redevelopment Project: Area #9 pursuant to the Community Redevelopment Law, in the interests of the health, safety, and general welfare of the people of the City of Palm Springs; and WHEREAS the Community Redevelopment Law authorizes redevelopment agencies to provide that any taxing agencies with, territory located within a project area, other than the community which has adopted the project, may receive an amount of money which in the Agency' s determination is appropriate to alleviate any financial burden or detriment caused to any 'taxing agency by a redevelopment project; and WHEREAS the parties wish to enter into a cooperative agreement to provide mutual aid and assistance in the redevelopment of the Redevelopment Project Area #9 and to alleviate any financial burden or detriment caused to the Desert Water Agency (hereinafter referred to as DWA) by such redevelopment activities; and WHEREAS the Agency has found and determined that; it would be appropriate to alleviate any financial burden or detriment caused to the DWA by the redevelopment activities by providing that the DWA shall receive a portion of the tax revenues generated within the Redevelopment Project Area #9: NOW THEREFCRE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. Enter Into �Agreement. Direct the Agency Chairman to enter into agreement with the DWA for the allocation of tax increment from the Redevelopment Project Area #9, incorporating the terms set forth below. Section 2. Allocation of Tax Revenues. From the total tax increment revenues generated from the Redevelopment Project Area #9 each year the District shall receive a percentage of the DWA tax revenues which is levied in excess of one percent general tax rate. Section 3. Allocation of Tax Revenues from Project_ Areas. The parties agree that the allocation ofax t revenue> under this Agreement shall apply to the Redevelopment Project Area #9 of the Redevelop- ment Plan commencing with the Base Year. Section 4. Commencement of Payment. The obligation of the Agency that the DWA shall receive payments under this Agreement shall commence in the first fiscal year in which tax revenues are allocated to the Agency. Resolution No. 605 Page Two Section 5. Allocation of Financial Burden. The parties agree that the amount received by the DI)A pursuant to this Agreement is appropriate to alleviate any financial burden or detriment caused to the DWA by the implementation of the Redevelopment Plan. ADOPTED this 5th _ day of _April I989. AYES: Councilmembers Broich, Foster, Neel , and Mayor Pro Tem Apfelbaum NOES: none ABSENT: Mayor Bono ATTEST: COP-0MUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA As's-i-5tant Secretary _ "Chairman REVIEWED AND APPROVED 6lJ�J 1 RESOLUTION NO. 606 OF THE COMMUJNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNI:A, APPROVING THE COOPERATIVE AGREEMENT WITH THE RIVERSIDE COUNTY FLOOD CONTROL & WATER CONSERVATION DISTRICT REGARDING THE DISPOSITION OF TAX INCREMENT REVENUE FROM THE REDEVELOPMENT PROJECT AREA #9. WHEREAS the Agency proposes to undertake certain redevelopment activities in the Redevelopment Project Area #9 pursuant to the Community Redevelopment Law, in the interests of the health, safety, and general welfare of the people of the City of Palm Springs; and WHEREAS the Community Redevelopment Law authorizes redevelopment agencies to provide that any taxing agencies with territory located within a project area, other than the community which has adopted the project, may receive an amount of money which in the Agency' s determination is appropriate 'Lo alleviate any financial burden or detriment caused to any taxing agency by a redevelopment project; and WHEREAS the parties wish to enter into a cooperative agreement to provide mutual aid and assistance in the redevelopment of the Redevelopment Project Area #9 and to alleviate any financial burden or detriment caused to the Riverside County Flood Control & Water Conservation District by such redevel- opment activities; and WHEREAS the Agency has found and determined that it would be appropriate to alleviate any financial burden or detriment caused to the District by the redevelopment activities by providing that the District shall receive a portion of the tax revenues generated within the Redevelopment Project Area #9: NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. Enter Into Agreement. Direct the Agency Chairman to enter into agreement with the Riverside County Flood Control & Water Conservation District for the allocation of tax increment from the Redevelopment Project Area #9, incorporating the terms set forth below. Section 2. Allocation of Tax Revenues. From the i:otal tax increment revenues generated from the Redevelopment Project Area #9 each year the District shall receive a percentage of the District tax revenues in the amounts specified as follows: a. For the first six (6) years from the time the Agency receives its first tax increment allocation, 1DO% of the District share shall be allocated to Agency. b. Beginning with the seventh year, 50% of the District Share, without regard to Section 33487 of the Health & Safety Code of the State of California (20% setaside for low and moderate income housing) shall be allocated to District, and the remainder shall be allocated to Agency, until such time as the tax increment received by the Agency from the District share equals the cost of flood control improvements to be installed by the Agency. Resolution No. 606 Page Two c. Thereafter, through the life of the Plan , 100% of the District share shall be allocated to District. Section 3. Master Drainaqe Plan Facility Construction. Agency shall allocate a portion of Project proceeds toward the construction of critically needed master drainage plan facilities that benefit the Project Area and said funds shall be transferred to District. District will augment said revenue with Zone 6 and valorem taxes, Zone 6 benefit assessment revenues, developer fees or other sources that may be made available to construct the facilities. Section 4. Project Maintenance. District shall maintain any flood control facilities constructed by District. Section 5. Effective Date and Term. This Agreement shall become effective upon the effective date of the Ordinance of the City Council adopting the Redevelopment Plan and shall remain in effect during the term of the Plan. ADOPTED this 5th day of April T� _J 1989. AYES: Councilmembers Broich, Foster, Neel and Mayor Pro Tem Apfelbaum NOES: none ABSENT: Mayor Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY ' CITY OF PALM SPRINGS, CALIFORNIA Assistant Secretary � ; Chairman REVIEWED AND RESOLUTION NO. 607 OF THE COMMUNITY REDEVEOP- MENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA APPROVING PURCHASE, AND IN- STALLATION OF ONE AND ONE HALF INCH BACKFLOW, DEVICE ON NORTH INDIAN AVENUE BY DESERT WATER AGENCY, SOLE SOURCE. WHEREAS it has been determined that a 1 1/2 inch water meter with backflow device is required to provide additional services bet- ween the west side of North Indian Avenue midway between Corozon Avenue and TramView Avenue. WHEREAS funds are available in the Economic Development Account No. 816-320-0186-7290. WHEREAS Desert Water Agency is a sole source for this service. NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm. Springs, California, to approve pur- chase and installation for 1 1/2 water meter from Desert Water Agency in the amount of $5, 380. 00. ADOPTED this 19th day of Apr!1 ,1989. AYES• Agency Members Apfelbaym, Broich, Foster, Neel and Chairman Bono e NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA .. Assistant Secretary Chairman REVIEWED AND APPROVED: i RESOLUTION NO. 608 RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS APPROVING CERTAIN DOCUMENTS AND AUTHORIZING CERTAIN ACTIONS IN CONNECTION WITH TIIE $50, 000, 000 1987 VARIABLE RATE DEMAND REFUNDING CERTIFICATES OF PARTICIPATION (PALM CANYON PLAZA HOTEL PROJECT) WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ("Agency") is a community redevelopment agency, duly formed and validly existing under and by virtue of the Community Redevelopment Law of the State of California (Health and Safety Code Section 33000 et seq . ) ("Law" ) , with the authority under the Law to buy and sell real and personal property located in a redevelopment project area ; and WHEREAS, in accordance with Resolution No. 499 adopted November 10, 1987, the Agency authorized the sale and delivery Of seven separate issues of Variable Rate Demand Refunding Certificates of Participation (Palm Canyon Plaza Hotel Project) 1987 Composite, in the principal amount of $50, 000, 000 (the "Certificates" ) for the purpose of financing the costs of acquiring , constructing, installing, equipping and improving each of the following elements of a condominium hotel project. ( Elie "Projects',) : 1 . 5 room hotel Palm Canyon Plaza 1 , Ltd . $ 51500, 000 2 . 25 room hotel Palm Canyon Plaza 2, Ltd., $ 6 , 000, 000 3 . 54 room hotel Palm Canyon Plaza 3 , Ltd. $ 6, 500, 000 4 . 2 room hotel Palm Canyon Plaza 4 , Ltd. $ 8, 500, 000 5 . 12 room hotel Palm Canyon Plaza 5, Ltd. $ 9 , 000, 000 6 . 98 room hotel Palm Canyon Plaza 6 , Ltd. $ 7, 500, 000 7 . 94 room hotel Palm Canyon Plaza 7, Ltd. $ 7, 000, 000 WHEREAS, in connection with Elie approval of the sale and delivery of the Certificates, the Agency authorized the execution acid delivery of seven separate Trust Indentures , dated as of November 1, 1988, between the Agency, State Street Bank and Trust Company of California, N.A. ( the "Trustee") and PCP Partners , a California limited partnership ( the "Seller") , each as amended by that First Amendment to Trust Indenture, dated as of. October 1, 1989 ( the "Trust Indentures") ; and WHEREAS, there has been presented to the Agency at this meeting the seven separate forms of a Second Amendment to the Trust Indentures , dated as of April 1 , 1989 (the "Amended Indentures" ) between the Agency, the Trustee and the Seller; and ' WHEREAS, there has been presented to the Agency at this meeting seven separate forms of First Amendment to Project Acquisition Agreement, dated as of April 1, 1989, between the Agency, the Trustee, the seven limited partnerships (collectively, Elie "Companies" ) and the Seller (the "Amended Agreements") . NOW, THEREFORE, the Community Redevelopment Agency of the City of Palm Springs does hereby resolve as follows : SECTION 1 . The proposed form of the Amended Indentures presented at Ellis meeting are hereby approved. The Executive Director/Secretary and the Assistant Secretary of the Agency ' are hereby authorized and directed for and in the name of the Agency to execute the said Amended Indentures, and the Executive Director or Redevelopment Director of the Agency is hereby authorized and directed to execute, acknowledge and deliver any and all documents required in order to consummate transactions contemplated by the Amended Indentures . The Amended .Indentures shall be executed in substantially the form hereby approved, with such additions thereto and changes therein as are recommended or approved by special counsel to the Agency and approved by such officers, such approval to be conclusively evidenced by the execution and delivery thereof . SECTION 2 . The proposed form of the Amended Agreements presented at this meeting are hereby approved, The Executive Director/Secretary and the Assistant Secretary of the Agency are hereby authorized and directed for and in the name of the Agency to execute the said Amended Agreements, and the Executive Director or Redevelopment Director of the Agency is hereby authorized and directed to execute, acknowledge and deliver any and all documents required in order to consummate transactions contemplated by the Amended Agreements . The Amended Agreements shall be executed in substantially the form hereby approved, with such additions thereto and changes therein as are reconuaended or approved by special counsel to the Agency and approved by such officers, such approval to be conclusively evidenced by the execution and delivery thereof . SECTION 3 , The Chairman, Executive Director/Secretary, Redevelopment Director and Assistant Secretary of the Agency are hereby authorized and directed, jointly and severally, to do any and all things and to execute and deliver any and all documents which they may deem necessary or advisable in ordet to consummate and otherwise to effectuate the purposes of this Resolution , and such actions previously taken by such officers are hereby ratified and confirmed. SECTION 4 . The approvals and authorizations contained in Sections 1 , 2 and 3 hereof are conditioned upon the following ; ( 1) receipt by the Agency,, for deposit in an Agency trust fund, the sum of $70 , 000 to be used for demolition and clearance of the "Saturday ' s Restaurant" structure, which demolition and clearance is to be commenced by the Company or Seller within thirty (30) days of May 1, 1989, and (ii ) receipt by the Agency on or prior to May 1, 1989 , of an opinion of Nossaman, Cuthner , Knox G Elliott to the effect that the remarketing of the Certificates on May 1 , 19B9 will not have an adverse impact- on the exclusion of interest on the Certificates from gross income for Federal income tax purposes . SECTION 5 . This Resolution shall take effect from and after its date of adoption. ADOPTED THIS 25th day of April , 19890 AYES: Agency Members Apfelbaum, Broich, Foster, Neel & Chairman Bono NOES: None ABSENT: None ABSTAIN: None ATTEST: COMMUNITY REDEVELOPMENT AGE .CY CITY OF' PALM-SPRINGS, CAli3RNIA/ By —Assf. 3ecrefary Chairman IiQEVIEWED AND APPROVED: 2 0984t/LA2 I HEREBY CERTIFY THAT THE FOREGOING IS A TRUE COPY OF RESOLUTION NO. 6L)Z DULY ADOPTED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS IN A MEETING THEREOF HELD ON THE 25TH DAY OF APRIL, 1989 . rr 7yGd. DATED AT PALM SPRINGS, CALIFORNIA THIS /G — DAY OF , 1989 . ASSISTANT SECRETARY OF COMMUNITY REDEVELOPMENT AGENCY, CITY OF PALM SPRINGS, CALIFORNIA. 3 0984e/LA2 RESOLUTION N0. 609 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, RESCINDING RESOLUTION OF NECESSITY FOR AN ACQUISITION OF AN EASEMENT ON THE SUN CENTER PROPERTY (PA #3, BLOCK #1). WHEREAS the Agency has previously approved a Resolution of Necessity for the acquisition of an easement over a portion of the Sun Center parking lot to allow for the reconfiguration of the Camino Parocela/South Palm Canyon Drive intersection; and WHEREAS since the adoption of said Resolution, the owners of the Sun Center have provided an acceptable easement, therefore negating the purpose for the Resolution. NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs does hereby rescind Resolution No. 594, dated February 1, 1989, regarding a Resolution of Necessity for the acquisition of an easement on the Sun Center property. ADOPTED this _3rd day of May 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: (lone ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CAL;FORNIA / (_Assistant Secretary Ch- a i rman' 1 ,.a REVIEWED AND APPROVED: KL�• �.__ _�--------- RESOLUTION NO. 610 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1988 - 89 FISCAL YEAR. WHEREAS Resolution 539 approving the budget fbr the fiscal year 1988-89 was adopted on June 20, 1988; and WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certain amendments to said budget; NOW THEREFORE be it resolved that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 539 adopting the budget for the 1988 - 89 Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND _ACTIVITY ACCOUNT AMOUNT No. 902 0870 7298 $24 , 000. 00 Title: Redevelopment Low/Mod Housing self Help Hsg. Purpose: To fund additional assistance to program to qualify lower income applicants than originally anticipated. SECIION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. 902 _ 301 $24 ,000 . 00 Title: Redevelopment Low/Mod Housing Fund Balance ADOPTED this -3rd day of __A4yr-_________ AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST : COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA �- -- Assistant Secretary Charrman REVIEWED AND APPROVED: RESOLUTION NO.. 611 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNI'A, APPROVING A PERSONAL SERVICE CONTRACT WITH EDNA AND ROY MATLOCK FOR ASSISTANT MANAGEMENT SERVICES AT ''THE MONTE VISTA HOTEL. WHEREAS the need for permanent assistant management services at the Monte Vista Hotel has been deemed appropriate; NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs does hereby approve a personal service contract with Edna and Ray Matlock for assistant management services at the Monte Vista Hotel for a period of one-year commencing May 1, 1989. ADOPTED this 3rd— day of — Mom , 1989. AYES: AgencyMembers Apfelbaum, Broich, Foster, Neela nd Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By L� . . , Assistant Secretary — Chairman r--' REVIEWED AND APPROVED: X IL RESOLUTION NO. 612 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY eF PALM SPRINGS, CALIFORNIA, ' APPROVING THE COOPERATIVE AGREEMENT WITH THE COUNTY OF RIVERSIDE REGARDING THE DISPOSITION OF TAX INCREMENT REVENUE FROM THE REDEVELOPMENT PROJECT AREA #9. WHEREAS the Agency proposes to undertake certain redevelopment activities in the Redevelopment Project Area #9 pursuant to the Community Redevelopment Law, in the interests of the health, safety, and general welfare of the people of the City of Palm Springs; and WHEREAS the Community Redevelopment Law authorizes redevelopment agencies to provide that any taxing agencies with territory located within a project area, other than the community which has adopted the project, may receive an amount of money which in the Agency's determination is appropriate to alleviate any financial burden or detriment caused to any taxing agency by a redevelopment project; and WHEREAS the parties wish to enter into a cooperative agreement to provide mutual aid and assistance in the redevelopment of the Redevelopment Project Area #9 and to alleviate any financial burden or detriment caused to the County by such redevelopment activities; and ' WHEREAS the Agency has found and determined that it would be appropriate to alleviate any financial burden or detriment caused to the County by the redevelopment activities by providing that the County shall receive a portion of the tax revenues generated within the Redevelopment Project Area #9: NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. Enter Into Agreement. Direct the Agency Chairman to enter into agreement with the County of Riverside (hereinafter referred to as County) for the allocation of tax increment from the Redevelopment Project Area #9, incorporating the terms set forth below. Section 2. Allocation of Tax Revenues. From the total tax increment revenues generated from the Redevelopment Project Area #9 each year, the County shall receive a percentage of the County Tax Revenues in the amounts specified as follows: a. Ten percent (10%) of the County Tax Revenue for the first one million dollars of annual Total Tax Increment retained by County. b. Twenty five percent (25%) of the County Tax Revenue for the second million dollars of annual Total Tax Increment ($1,000,001-$2,000,000) retained by County. ' c. Fifty percent (50%) of the County Tax Revenue for the third million dollars of annual Total Tax Increment ($2,000,001- $3,000,000) retained by County. d. One hundred percent (100%) of the County Tax Revenue thereafter retained by County. Resolution No. 612 Page Two The remaining portion of County property tax revenue based on paragraphs a. to d. shall be allocated to the Agency, but shall be repaid to the County in seven (even) annual installments once the total annual increment reaches $3 million: the seven annual repayment installments will begin in the third year follow- ing the year when the annual increment reaches $3 million. Section 3. Allocation of Tax Revenues from Project _Areas. The parties agree that the allocation of tax revenues under this Agreement shall apply to the Redevelopment Project Area #9 of the Redevelopment Plan commencing with the Base Year. Section 4. Commencement of Payment. The obligation of the Agency that the County shall receive ,payments under this Agreement shall commence in the first fiscal year in which tax revenues are allocated to the Agency. Section 5. Allocation of Financial Burden. The parties agree that the amount received by the County pursuant to this Agreement is appropriate to alleviate any financial burden or detriment caused to the County by the implementation of the Redevelopment Plan. ADOPTED this 17th day of --__ May �, 1989. AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS,,,-C-ALIFORNIA J � ) — As-5istant Secretary Chaii-malt ' REVIEWED AND APPROVED _��'�'! RESOLUTION NO. 613 OF THE COMMUNITY REDEVELOPMENT AGENCY ' OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A CONTRACT WITH UNDERGROUND UNLIMITED FOR THE DEMOLITION AND CLEARANCE OF THE CASA DEL CAMINO PROPERTY IN AN AMOUNT NOT TO EXCEED $35,211 (PA #6/BLOCK 2) . WHEREAS the Redevelopment Agency has identified the need to remove substandard buildings and improvements from the Casa del Camino property; and WHEREAS appropriate bidding procedures have been carried out for such work. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby approve a contract with Underground Unlimited to demolish and clear the Casa del Camino property for an amount not to exceed $35,211. ADOPTED this 17th day of May 1989. AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA —Assista'nt—Secretary�V r - Chairman' REVIEWED AND APPROVED:_ RESOLUTION N0. 614 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1988 - 139 FISCAL YEAR. WHEREAS Resolution 539 approving the budget for the fiscal year 1988-89 was adopted on June 20, 1988; and WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certain amendments to said budget; NOW TIIEREFORE 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 539 adopting the budget for the 1988 - 89 Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 816 0185 7317 $20 ,000 . 00 Title: Redevelopment North Palm Cyn. Casa del Camino Purpose: -� P To provide sufficient funding for the demolition and clearance of the property. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. 816 - 301 $20 , 000 . 00 Title: Redevelopment North Palm Cyn. Fund Balance ADOPTED this 17th ___ day of _May,_ 1989V�- AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono O ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIEORNIA By�- stant Secretary----- ` -� - -- - 444� -- -- � Chair an REVIEWED AND APPROVED: RESOLUTION NO. 615 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE ELEMENTS OF AN AGREEMENT WITH METROPOLITAN THEATRES FOR THE ' LEASE OF THE PLAZA THEATRE (PA #1/BLOCK 7). WHEREAS the Agency is in control of property at 128 South Palm Canyon Drive, also known at the Plaza Theatre; and WHEREAS Metropolitan Theatres currently leases said property and wishes to continue partial operations on the site; and WHEREAS the Agency and Metropolitan Theatres wish to alter the exiting lease terms to allow for the renovation and expanded use of the theatre. NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California, to approve the elements of an agreement with Metropolitan Theatres, with the following terms: 1. Metropolitan shall contribute $50,000 towards the remodeling cost of the Plaza Theatre with the signing of a new agreement, and contribute an additional $25,000 over a five year period. 2. Metropolitan shall donate to the City, all of its furniture, fixtures and equipment located at the Plaza Theatre, with the exception of the ' equipment in one projection booth. 3. Metropolitan shall assist the City in bringing movie premieres (and other funding-raising events) to the Plaza Theatre. 4. Metropolitan shall , on an exclusive basis, exhibit motion pictures at the Plaza Theatre (the dates and times shall be subject to the mutual agreement of the City and Metropolitan) . Metropolitan shall pay to the City 12% of its total receipts (box office and concessions) generated from the exhibition of the motion pictures. A minimum useage will be negotiated concurrent with an operational program. 5. Metropolitan shall terminate its leasehold interest in the Plaza Theatre, including the option to extend and the right of first refusal to purchase, effective May 31, 1989. 6. A separate agreement will be entered into related to Film Festival participation. ADOPTED this 17th day of May 1989. AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA j By Assistant Secretary Chairman REVIEWED AND APPROVED:__ y ,!J RESOLUTION NO. 616 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING A REQUEST FOR PROPOSALS FOR A THEATRE MANAGEMENT CONSULTANT FOR THE PLAZA THEATRE (PA #1/BLOCK 7) . WHEREAS the Agency is currently in the process of establishing a multi-use theatre within the existing Plaza Theatre; and WHEREAS the successful organization of the future operations of the theatre requires the input of a professional theatre management consultant. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby authorize a Request for Proposals for a theatre management consultant for the Plaza Theatre, for which the terms shall be consistent with those outlined in EXhibit 'A, attached. . ADOPTED this 17th day of ___flay, 1969. AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA / Assistant Secretaryr - Chairman REVIEWED AND APPROVED:---/ EXHIBIT A DESIGNATED MANAGEMENT AND OPERATIONS SERVICES MANAGEMENT PLANNING& CO-ORDINATION PHASE - SERVICES The management planning and co-ordination phase shall include all services necessary and approopriate to prepare a working plan of operation for the venue. This scope of work includes ongoing communication with architect and builder, as well as various governmental agencies. 1.00 BUDGET FORMATION services consisting of formation of operating budget for Performing Arts Center, show budgets,and business plan .01 Origination of operating theatre budget. .02 Origination of show budget structure. .03 Recommend budget for salaries and services. .04 Co-ordinate with EDCD re above. 2.00 ARTS CO-ORDINATION services consisting of community interaction representing The Plaza. .01 Meet with community arts organizations. 02 Plan community events for venue. .03 Sit on Board of 501 C3 Corporation (to be formed). 3.00 POLICY FORM ATM services oonsWing of ongoing operation of facility, including manual of operation. 3.01.00 ESTABLISH THEATRE OPERATING MODEL .O9 Financial Modeling of income and expense projections. .02 Statement of income or subsidy requirements .03 Staffing program, from opening through first stabel zed year. .02 Create and define booking policy. .03 Create computerized program oalender. .04 Begin contacting 'presenters- ,national and local in order to cover normal lead-time thereby allowing events to begin to schedule for 1990. .05 Write detailed manual for operations, including organizational chart with job descriptions. .06 Create forms for operation of house. ' .07 Direction of the work of own in-house personnel. .08 Set policy of operation in co-ordination with EDCD. .09 Define purposes of and requirements for theatre production and T.V. production. 4.00 PUBLIC RELATIONS sarvioes oonsisting of representation of the project to the public and to the medea. .01 Act as official spokesperson for the project. 02 Direct public,relations/fund raising efforts by meeting with and advising PR. consultants. .03 Approve all press releases and public relations programs .04 Meet with support groups and oo-ordinate their efforts with those of The Plaza. 5.00 OPENING NIGHT GALA,services consisting of its production and presentation. RESOLUTION NO. 617 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1988 - 89 FISCAL YEAR. WHEREAS Resolution 539 approving the budget fbr the fiscal year 1988-89 was adopted on June 20; 1988; and WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certain amendments to said budget; NOW TIIEREFORE 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 539 adopting the budget for the 1988 - 89 Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No, 111 - 301 $45 , 000 Title: General Fund - Fund Balance Purpose: To repay portion of loan to Agency for North Palm Canyon Project Area. The proceeds of the repayment are to be used to reduce the principle of the $180,000 loan from the General Fund, SECTION 2. SOURCE approved by Resolution 16295 on Sept. 16 , 1987 , to $135 , 000 . FUND ACTIVITY ACCOUNT AMOUNT No. 816 - 301 $45,000 Title: North Palm Canyon - Fund Balance ADOPTED this __7th `__ day of _ June ,_1989 AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ' ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA assistant Secretary Chairma,rP REVIEWED AND _ RESOLUTION NO. 618 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 now requests to repay a portion of these loans in order to reduce the amount of its indebtness in the Central Business District; NOW THEREFORE BE IT RESOLVED that the Community Redevelopment Agency 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 principle of the $180,000 loan from the General Fund, approved by Resolution No. 16295 on September 16, 1987, to $145,000. ADOPTED this ._ 7th _ day of .,- June -.--------, 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY j� CITY OF PALM SPRINGS, CA_F,OORNIIA y �fAssistant Secretary Chairm�n `�"" REVIEWED & APPROVED: ( _______��______.___.____.___.___ 0 a WP/CC RES C RESOLUTION NO. 619 ' OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT FOR COOPERATION WITH THE PALM SPRINGS CEMETARY DISTRICT. WHEREAS the Agency has previously adopted a policy which provides for pass- throughs to smaller taxing agencies; and WHEREAS the approved policy takes into account the unique conditions of smaller agencies and provides the maximum passthrough without causing an adverse impact on the Agency; and WHEREAS the Cemetary District Board has approved the passthrough offered. NOW THEREFORE, it is hereby resolved by the Community Redevelopment Agency of the City of Palm Springs, California, to approve an agreement for Cooperation with the Palm Springs Cemetary District, a copy of which is on file in the office of the City Clerk. ADOPTED this 7th day of Dune 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Mayor Bono ' NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CAL-I-FORNIA /71 Assistant Secretary Chairman. REVIEWED AND APPROVED: ¢ RESOLUTION NO. 620 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CAL.IFORNIA, FINDING THAT IT IS NECESSARY TO DEPOSIT LESS THAN THE AMOUNT REQUIRED BY STATUTE TO BE DEPOSITED INTO THE HOUSING FUND FOR THE CENTRAL BUSINESS DISTRICT AND OUTLINING A PLAN I-OR THE FUTURE ELIMINA- TION OF THE RESULTANT DEFICIT (PA #1) . WHEREAS, prior to January 1, 1977, the City Council of the City of Palm Springs (the "City") adopted the Redevelopment Plan lfor the Central Business District Redevelopment Project (the "Project") ; and WHEREAS, pursuant to Section 33334.6(c) of the California Community Redevelop- ment Law (Health and Safety Code Section 33000 et seMc . ) (all references are to the Health and Safety Code unless otherwise specified) , the Community Redevelopment Agency of the City of Palm Springs (the "Agency") is required to deposit into a low- and moderate-income housing fund (the "Housing Fund") not less than twenty percent (20%) of the taxes allocated to the Agency from the Project pursuant to Section 33670 of the California Community Redevelopment Law (the "Tax Increments") for the 1985-86 fiscal year and for each succeeding fiscal year thereafter; and WHEREAS, Section 33334.6(d) provides that in any fiscal year the Agency may deposit less than the amount required to be deposited into the Housing Fund by Section 33334.6(c) if the Agency finds that, the difference between the amount actually deposited and the amount required to be deposited is necessary to make payments under existing obligations of amounts due or required to be committeed, setaside or reserved by the Agency during that fiscal year and which are used by the Agency for that purpose; and WHEREAS, Section 33334.6(e) provides that in each fiscal year prior to July 1, 1996, the Agency may deposit less than the amount required to be deposited into the Housing Fund by Sections 33334.6(c) and 33334.6(d) if the Agency finds that the deposit of less than the amount required to be deposited by those Sections is necessary to provide for the orderly and timely comple- tion of public and private projects, programs or activities approved by the Agency prior to January 1, 1986; and WHEREAS, by Resolution No. 393, adopted pursuant to Section 33334.6(f) on February 5, 1986, the Agency approved and adopted the "Statement of Existing Obligations of the Central Business District Redevelopment Project"; and WHEREAS, Section 33334.6 requires that the Agency adopt a plan to eliminate the deficit in the housing fund created by the deferral of setaside monies from the Central Business District. NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve as follows: SECTION 1. That the Agency hereby finds and determines that for the 1989-90 fiscal year of the Agency' it is necessary to deposit less than the amount required to be deposited into the Housing Fund by Section 33334.6(c) in order to: (a) make payments under existing obligations as the same are set forth in the Agency's approved "Statement of Existing Obligations of the Central Business District Redevelopment Project" ; and (b) provide for the orderly and timely completion of ,public and private projects, programs Resolution No. 620 Page Two and activities as the same are set forth in the Agency's approved "Statement of Existing Programs Within the Central Business ' District Redevelopment Project. " SECTION 2. That the amount of 'the deficit created hereby in the Housing Fund of the Project will be twenty percent (20%) of the Tax Increments from the Project, the exact amount of which is not yet known but is estimated to be $280,000. Within a reasonable period of time after entry of the exact amount of such deficit for the 1989-90 fiscal year on the records of the Housing Fund for the Project, the Agency shall adopt a plan for the elimination of such deficit in subsequent fiscal years. ADOPTED this 7th day of June 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA Assistant Secretary Cha!nman`"` REVIEWED AND APPROVED:__-< Disk D 1 RESOLUTION NO. 621 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING ELEMENTS OF AGREEMENT FOR FINANCIAL ASSISTANCE TO BENEQUITY PROPERTIES RELATIVE TO THE LOCATION OF A BUFFUMS DEPARTMENT STORE AT THE PALM SPRINGS MALL. WHEREAS the Walker Scott store in the Palm Springs Mall is currently vacant; and WHEREAS Buffums Department Stores wishes to locate in this space subject to provision of suitable lease terms; and WHEREAS the financial proforma for the project supports the need for Agency and City assistance to the project. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve to approve Elements of Agreement for financial assistance to Benequity Properties, attached hereto as Exhibit A. ADOPTED this _ 21st day of _ June _ 1989. AYES: Agency Members Apfelbaum, Broich, Neel and Chairman Bono NOES: None e ABSENT: Agency Member Foster ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By— A"ssistant Secretary Chairman REVIEWED AND APPROVED:_ RESOLUTION N0. 622 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE FISCAL YEAR. WHEREAS Resolution 531 approving the budget for the fiscal year 080 S1 was adopted on June 2-g1988• diA WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certain amendments to said budget; NOW 111EREFORE 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 adopting the budget for the Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 818 0187 7544 $150,000 . 00 Title: Redevelopment Baristo-Farrell Buffums ' Purpose: To provide first payment to Benequity Properties for Buffums Department Store assistance . SECTION 2. SOURCE ----------- -- -- FUND ACTIVITY ACCOUNT AMOUNT No. 818 0187 7293 $150, 000 . 00 Title: Redevelopment Baristo-Farrell Street Improve- ments ADOPTED this _21st_ day of June1989___ AYES: Agency Members Apfelbaum, Broich, Neel and Chairman Bono NOES: None ABSENT: Agency Member Foster ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, C,(PfORNIA `1, //? /�,,��,,-'lam �.��19� '`✓� ! By , ------„_l7s sistant secretaryChairman \ REVIEWED AND APPROVED � - --' RESOLUTION NO. 623 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A FINANCIAL ASSISTANCE PROGRAM WITH AL LIVRERI , OWNER OF THE BLUE: DOLPHIN RESTAURANT, FOR EXTERIOR IMPROVEMENTS (PA #2, BLOCK 13) . WHEREAS in 1988 Mr. Al Livreri applied for permits and made certain improvements to his place of business, The Blue Dolphin, located on Indian Avenue; and WHEREAS City approval required him to make improvements in addition to those planned and budgeted; and WHEREAS the Agency through its efforts to retain businesses and assist with physical improvements agrees that it is appropriate to absorb a portion of the excess costs for these initial improvements to be used toward further improvements to the facade of the Blue Dolphin. NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California, to authorize the Executive Director to enter into an agreement for financial assistance to Al Livreri in the amount of $5,000 toward further exterior improvements to the Blue Dolphin Restaurant and to pay for same out of the Tahquitz-Andreas Redevelopment Project Area tax increment funds. This assistance will be provided pursuant to the points identified in Exhibit "A: ". ADOPTED this 21st day of June , 1989. AYES: Agency Members Apfelbaum, Broich, Neel and Chairman Bono NOES: None ABSENT: Agency Member Foster ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA i 11 —.. Assi-stant Secretary Chairman' REVIEWED AND APPROVED: (C LA l� ' EXHIBIT A The special points of the financial assistance are: A financial assistance agreement of $5,000 is to be executed prior to release of funds. • The $5,000 assistance will be secured by Trust Deed on real property owned by Al Livreri . ° Payment of $5,000 will be made directly to the contractor(s) by the Agency once the work is completed. The awning project will be sent out to bid to licensed qualified contractors. No monthly repayments would be required from Mr. Livreri . Area behind the building leased by Al Livreri must be cleaned up. ' Loose equipment removed. Dumpsters placed in their proper location. All debris, boxes, crates, papers, cartons, etc. must be removed. In order to preclude the possibility of this business being sold, or transferred and a pro Fit realized as a result of Agency funded improvements, Al Liveri must keep the business for three years from the date of release of funds or repay a pro-rated portion as follows: ° Pro-rating schedule: The $5,000 is to be divided by 36. This amount ($138.88) will be multiplied by whatever number of months remain in the three year period and that total will be repaid to the Agency on sale or transfer. At the end of the three year period, provided there has been no sale or transfer, the $5,000 security Trust Deed will be released. Sufficient funds are available in the fund balance of the Tahquitz-Andreas project area for this expenditure. 1 RESOLUTION NO. 624 OF THE COMMUNITY REDEVELOPMENT AGENCY OF 111E CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1988-89 FISCAL YEAR. WHEREAS Resolution 431 approving the budget for the fiscal year ! �! was adopted on juke 2D OB8, J'1k WHEREAS the Executive Director has recommended, and the Community Redevelopment Agency desires to approve, certain amendments to said budget; NOW IIIEREFORE 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 adopting the budget For the Fiscal Year is hereby amended as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 812 0181 7543 $5,000 . 00 Title: Redevelopment Tahquitz-Andreas Blue Dolphin Purpose: To fund assistance to Blue Dolphin Restaurant for exterior improvements subject to program approved by Agency. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT No 812 - 301 $5,000. 00 1i1,1e: Redevelopment Tahquitz-Andreas! Fund Balance ADOPIFD this 21st day of June, 1989--- AYES: Agency Members Apfelbaum, Broich, Neel and Chairman Bono NOES: None ABSENT : Agency Members Foster ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CAL)-FO NIA By � -'--- k�_ '-Assistant Secretary ; Chairnan REVIEWED AND APPROVED: r RESOLUTION NO. 625 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING CONTINUING APPROPRIATIONS FROM THE 1989-90 FISCAL YEAR TO THE 1989-90 FISCAL YEAR. WHEREAS the Community Redevelopment Agency of the City of Palm Springs has adopted a budget for the 1988-89 fiscal year; and WHEREAS certain projects budgeted in the 1988-89 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 1989-90 fiscal year, the unencumbered balances as of June 30, 1989 of the following accounts: ACCOUNT NO. ACCOUNT TITLE 811-0180-7143 Bus Station Relocation ($10,000 Only) 811-0180-7259 Block 2 Walkway ($20,000 Only) 811-0180-7260 Morrison Parking Lot 811-0180-7262 Property Upgrade Assistance 811-0180-7296 Street Furniture ($2,500 Only) 811-0180-7380 Andreas Road Walkway ' 812-0181-7267 Street Furniture ($1 ,000 Only) 812-0181-7380 Andreas Road Walkway 813-0182-7278 Belardo Road Bridge 813-0182-7279 Sunny Dunes Improvement Program ($118,000 Only) 813-0182-7280 Property Upgrade Assistance ($25,000 Only) 814-0183-7147 Auto Sales Center 814-0183-7281 Dunham Property 814-0183-7283 Assessment District Assistance ($135,000 Only) 816-0185-7286 Sidewalk & Curb Improvements 816-0185-7287 Property Upgrade Assistance 816-0185-7317 Casa Del Camino 817-0186-7290 Public Right of Way 818-0187-7292 High School Rehabilitation 818-0187-7293 Street Improvements ($149,000 Only) 818-0187-7394 Superintendent of Schools 818-0187-7397 Alpha Beta Center ($10,000 Only) 819-0188-7294 Project Area Adoption ($13,500 Only) 902-0870-7298 Self Help Housing 902-0870-7299 Construction Training All appropriations approved subsequent to passage of this resolution, but prior to the end of the 1988-89 fiscal year. ADOPTED this 21st day of June , 1989. AYES: Agency Members Apfelbaum, Broich, Neel and Chairman Bono NOES: None ABSENT: . Agency Member Foster ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPR-I 5 /' By , � Secretary Chairman REVIEWED & APPROVED 6-/7 RESOLUTION NO. 626 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 1989-90 Ii( - - - - - &-i'7 WHEREAS a budget for the fiscal year 1989-90 has been prepared by the 701 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 $4,240,493 be approved for the following purposes: Capital Project Debt Service Central Business District: Projects $ 258,861 $1 ,055,271 Monte Vista Hotel 300,000 -0- Tahquitz Andreas 225,696 1 ,145,052 South Palm Canyon 90,567 38,000 Ramon Bogie 45,378 202,400 Oasis 1 ,750 17,711 North Palm Canyon 37,107 90,286 Highland Gateway 18,449 9,103 Baristo Farrell 127,567 14,960 Project Area No. 9 3,449 9,875 Low & Moderate Income Housing: Tahquitz Andreas 421 ,511 -0- Plaza Theater _127,500 -0- $1 ,657,835 $2,582,658 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 21st day of June 1989. AYES: Agency Members Apfelbaum, ,Broich, Neel and Chairman Bono NOES: None O ABSENT: Agency Member Foster ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF-HE CITY OF PA/M'`SPRINGS y As i ant Secretary Chairman\ REVIEWED & APPROVED _ _ RESOLUTION NO. 627 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING PERSONAL SERVICE CONTRACT WITH RAY AND EDNA MATLOCK FOR THE MANAGE- MENT OF THE MONTE VISTA HOTEL FOR ONE YEAR (PA #1/BLOCK 1). WHEREAS the Community Redevelopemnt Agency has taken possession of the Monte Vista Hotel , 414 North Palm Canyon Drive, by their action on August 9, 1988, Resolution No. 547; and WHEREAS the previous manager has resigned for personal reasons; and WHEREAS the Agency wishes to continue the operation of said hotel in an orderly manner. NOW THEREFORE be it resolved that the Community Redevelopment Agency of the City of Palm Springs, California, does hereby approve the Personal Service Contract with Ray and Edna Matlock for the management of the Monte Vista Hotel , for one year. A copy of said agreement is on file in the office of the City Clerk. ADOPTED this 21st day of June 1989 AYES: Agency Members Apfelbaum, Broich, Neel and Chairman Bono ' NOES: None ABSENT: Agency Member Foster ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA BY Assistant Secretary Chairman `r REVIEWED AND APPROVED: �f _ 1 RESOLUTION NO. 628 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, TO LEASE PREMISES AT 406 NORTH PALM CANYON DRIVE TO JAMES CASTRE DBA A PLACE OF INTEREST, 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 James 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 James Castre dba A Place of Interest on the premises at 406 North Palm Canyon Drive. SECTION 2. Lease shall be for a term of one year at a rent of $625.00 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. ADOPTED this 21st day of June 1989. AYES: Agency Member Apfelbaum, Broich, Neel and Chairman Bono NOES: None ABSENT: Agency Member Foster ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA BY— A i-stant Secretary Chairman'—� REVIEWED AND APPROVED:_ RESOLUTION NO. 629 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, TO LEASE PREMISES AT 402 NORTH PALM CANYON DRIVE TO VIRGINIA DIXON DBA CLASSIC DOLL SHOP FOR A TERM OF ONE YEAR. (PA #1/BLOCK 1) WHEREAS the Community Redevelopment Agency desires to lease premises at 402 North Palm Canyon Drive; and WHEREAS Virginia Dixon has asked to lease the premises for the purpose of conducting therein a doll and gift 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 Virginia Dixon dba Classic Doll Shop on the premises at 402 North Palm Canyon Drive. SECTION 2. Lease shall be for a term of one year at a rent of $700.00 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. ADOPTED this 21st day of June , 1989. AYES: Agency Members Apfelbaum, Broich, Neel and Chairman Bono NOES: None ABSENT: Agency Member Foster ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA (_Kssistanntt Secretary Chairman ` REVIEWED AND APPROVED:`^A�Z_l_ RESOLUTION NO. 630 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ACCEPTING A $270,000 LOAN FROM THE CITY OF PALM SPRINGS' PARKING FUND TO PROVIDE FUNDING FOR PROPERTY ACQUISITION. WHEREAS the Community Redevelopment Agency of the City of Palm Springs, California, has authorized the purchase of property located in the Central Business District Redevelopment Project Area, specifically, 261-265 North Indian Avenue; and WHEREAS $270,000 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 $270,000 loan from the Parking Fund to the Community Redevelopment Agency of the City of Palm Springs 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 be utilized to provide the Agency with sufficient cash for the acquisition of property within the Central Business District Redevelopment Project Area, specifically, 261-265 North Indian Avenue. ADOPTED this 5th day of ___ July , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel , and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By Assistant Secretary Ch— airman REVIEWED AND APPROVED: O RESOLUTION NO. 631 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE ACQUISITION OF CERTAIN BUSINESS PROPERTY AT 261-265 NORTH INDIAN AVENUE (PA #1/BLOCK 3) . WHEREAS certain real property has become available adjacent to City owned property; and WHEREAS the Community Redevelopment Agency has determined that the acquisition of said property for the purpose of future parking development is consistant with downtown needs. NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California, as follows: SECTION 1. The Executive Director of the Agency is authorized to offer and acquire the following parcel from Robert D. and Saralee Rudnick in accordance with all applicable laws: 261-265 North Indian Avenue, also known as Assessor's Parcel No. 513-091-004. SECTION 2. The offer shall be for $267,000, the Agency' s appraised value. SECTION 3. The Executive Director shall accept the deed on behalf of the Community Redevelopment Agency. SECTION 4. Funds for the purchase shall come from a loan from the City' s Parking Fund. SECTION 5. The property shall be held as an asset of the Community Redevelop- ment Agency for the future development of parking either separately or in conjunction with adjacent lots. ADOPTED this _5th day of July 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF_PALM SPRINGS, CAL_I�ORNIA^ ' Assistant Secretary --- Cha n" )U REVIEWED AND APPROVED: IC , RESOLUTION NO. 632 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1989-90 FISCAL YEAR. WHEREAS Resolution 626, approving the budget for the fiscal year 1989-90 was adopted on June 21 , 1989; 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 626 adopting the budget for the 1989-90 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT 0. 811 180 7607 $ 270,000 Title: Central Capital Projects Muni Lot Y2 Business District Expansion Purpose: Accepting loan from City's Parking Fund for the purpose of Muni Lot #2 expansion. Loan to carry 8!5% interest rate. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o. 131 ---- 301 $ 270,000 Title: Parking Fund Balance Adopted this 5th day of July 1989 , AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF TH /CITY OF PALM, b-PR'INGS I ( AI��• Secretary Chair an`"` REVIEWED AND APPROVED(�: RESOLUTION NO. 633 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ' DECLARING THE PUBLIC NECESSITY FOR THE TAKING OF CERTAIN REVERSIONARY INTERESTS IN REAL PROPERTY FOR THE IMPLEMENTATION OF THE REDEVELOPMENT PLAN FOR THE CENTRAL BUSINESS DISTRICT REDEVELOPMENT PROJECT (CODE OF CIVIL PROCEDURE SECTION 1245.230) WHEREAS the Palm Springs Board of Library Trustees has recommended that the City' s Redevelopment Agency acquire the reversionary interests currently encumbering the 'title of the Welwood Murrary Memorial Library so that those interests can be vested with the Library Board. WHEREAS the proposed acquisition by the Community Redevelopment Agency of the City of Palm Springs (the "Agency") of a certain reversionary interest in a parcel of real property known as Welwood Murray Memorial Library is in implementation of the Redevelopment Plan for the Central Business District Redevelopment Project (the "Project") approved and adopted by the City Council of the City of Palm Springs on July 11, 1973 by Ordinance No. 952; and WHEREAS the Agency has advised the affected owners of reversionary interests and has afforded the said owners an opportunity for a hearing before the Community Redevelopment Agency on June 21, 1989, pursuant to Section 1245.235 of the Code of Civil Procedure, State of California; and WHEREAS the Agency has made offers to the owners of record of the reversionary interests in the property identified in the first paragraph to acquire the interest in the property in accordance with Section 7267.2 of the Government Code. NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve the following: SECTION 1. The reversionary interests in the property to be acquired are necessary for implementation of the Redevelopment Plan for the Central Business District Redevelopment Project. The Agency is authorized to acquire property by eminent domain pursuant to Community Redevelopment Law of the State of California (Health & Safety Code Sections 33000 et. sec . ) including, but not limited to, Sections 33037 and 33391 thereof. SECTION 2. The general location of the parcel of property of which reversion- ary interests are to be acquired is as set forth in Exhibit A, attached hereto and incorporated herein by reference. SECTION 3. The Agency hereby finds and determines as follows: ' a. The public interest and necessity require the proposed project. b. The proposed project is planned and located in the manner that will be most compatible with the greatest public good and the least private injury. Res. No. 633 Page Two c. The interest in the property described in Exhibit A is necessary for the proposed project. d. The offer required by Section 7267.2 of the government code has been made to the owner or owners of record or the;: offer has not been made because the owner cannot be located with reason- able diligence. ADOPTED this 5th day of July_ 1989. AYES: Agency Members Apfelbaum, Foster, Neel and Chairman Bono NOES: Agency Member Broich ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA / BL REVIEWED AND APPROVED:_y�`Y - - - ----- --- i I ' III III-- Eaniwc oE.st(rr.Etu �,r LaLsr3vc Llk �I `t nAJ�xrnvis.iiEwOs:Tiivac li srLxrt�OlL ',i y i! '�'�,,,,W I �"`T�"Li't %..v' /uiLat MALL fxrwsau .+.MiixrAwxw 4;-. U�ri�W�ti':=4:'=L_, E.niML nAlA 11EAfF[ ;1 f �t I� ; I NTII[[MALL E]IANSMMI F r � - ' `J _ Laniwc or.sLo[r[esTALauLi 3 : m ` tt "I � EESUIt.W I/.FIAI XKi E[SI.VANLrI EfIK NKf StSi.YIAXi/IESAI YKE � ' ,f� I i2.f 1J. 3]M SJ � ELEV 3.]35J • • +/ _ 'i : t i .-I i t^ Welwood Memorial, Library �I �, IN —��• � _ F'� .: lyl�/ +1'`� I T Yi.WTI IfLLL NACE Ir I� IFi.LL YKF nn AIA[( ILC 1 3L]sJ. SAl XKS 3 iJ Fyy � T is.11i r l i I I ' y� / � � gv l9/tS S .�.....:leve.a..,��:....,.,.a:::rL�eul• ra.rr::x�.,nu lrr.wu.�..::.. �S/ �_� � flltfi FlC]f]It RAN RESOLUTION N0. 634 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1989-90 FISCAL YEAR. WHEREAS Resolution 626, approving the budget for the fiscal year 1989-90 was adopted on June 21 , 1989; 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 626 adopting the budget for the 1989-90 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o. 811 0180 7608 $10,000.00 Title: Central Business Capital Andreas Road District Projects Business Disrupti in Purpose: To fund assistance to Andreas Road merchants for temporary e business disruption. SECTION 2. SOURCE FUND ACTIVITY , ACCOUNT AMOUNT o. 811 301 $10,000.00 Title: Central Business Fund Balance District Adopted this 5th _ day of July _ , 19 89 . AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY O OF THE CITY OF PALMdSPRINGS Bly -% Secretary Chairman RE' - - RESOLUTION NO. 6A OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A HARDSHIP FINANCIAL ASSISTANCE PROGRAM FOR TWO ANDREAS ROAD MERCHANTS FOR TEMPORARY BUSINESS DISRUPTION (PA #1/BLOCK 3). WHEREAS the City is undertaking the reconstruction of Andreas Road which requires its complete closure for a limited period; and WHEREAS certain merchants will be unable to operate their businesses during this period; and WHEREAS the Agency wishes to absorb financial hardship caused by this action. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve the following: SECTION 1. To authorize the Executive Director to enter into agreements for financial assistance to two (2) Andreas Road merchants. SECTION 2. To provide a budget in an amount not to exceed $10,000 to aid these merchants with their monthly expenses. Funds for this expenditure are available through the Central Business District Redevelopment Project Area tax increment. SECTION 3. Finding that special circumstances, to wit: The total ' inaccessability of merchants at 110 and 120 East Andreas Road to their place of business , dictates hardship payments for lost income during the period access is denied to their business. SECTION 4. Noting that State guidelines do not require relocation assistance, of any type, as a result of the installation of public improvements. ADOPTED this 5th day of July 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CkfFANIA By Assistant Secretary Chairrhan- REVIEWED AND APPROVED: _ _ RESOLUTION N0. 636 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, DECLARING THE PUBLIC NECESSITY FOR THE TAKING OF CERTAIN REAL PROPERTY FOR THE IMPLEMENTATION OF THE REDEVELOPMENT PLAN FOR THE SOUTH PALM CANYON REDEVELOPMENT PROJECT (CODE OF CIVIL PROCEDURE SECTION 1245.230) (PA #3/BLOCK 5) . WHEREAS the proposed project is the acquisition by the Community Redevelopment Agency of the City of Palm Springs (the "Agency") of a certain parcel of real property known as Parcel No. 508-131-009 for assemblage to permit development in the implementation of the Redevelopment Plan for the South Palm Canyon Redevelopment Project (the "Project") approved and adopted by the City Council of the City of Palm Springs on December 30, 1983, by Ordinance No. 1203; and WHEREAS the Agency has advised the affected property owners and has afforded the said owners an opportunity for a hearing before the Community Redevelopment Agency on June 21, 1989, pursuant to Section 1245.235 of the Code of Civil Procedure, State of California; and WHEREAS the Agency has made offers to the owners of record of the property identified in the first paragraph to acquire the property in accordance with Section 7267.2 of the Government Code. NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve the following: SECTION 1. The property to be acquired is necessary for implementation of the Redevelopment Plan for the South Palm Canyon Redevelopment Project. The Agency is authorized to acquire property by eminent domain pursuant to Community Redevelopment Law of the State of California (Health & Safety Code Sections 33000 et. seq. ) including, but not limited to, Sections 33037 and 33391 thereof. SECTION 2. The general location and extent of the parcel of property to be acquired is as set forth in Exhibit A, attached hereto and incorporated herein by reference. SECTION 3. The Agency hereby finds and determines as follows: a. The public interest and necessity require the proposed project. b. The proposed project is planned and located in the manner that will be most compatible with the greatest public good and the least private injury. Res. No. 636 Page Two c. The property described in Exhibit A is necessary for the proposed project. ' d. The offer required by Section 7267.2 of the government code has been made to the owners of record. ADOPTED this 19th day of July 1989. AYES: Agency Members Apfelbaum, Foster, Neel and Maor Bono NOES: Agency Member Broich ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CA T—O NIA REVIEWED AND APPROVED:..°_ (_:L. - r C A Oil-003 FCV?M1Y/4MY//4SEC2374SR4E Oil-ON Or/-0.'1/ /2 I _ PARO"LA CAM/NO n f . � +---�f�uru..rl 04 _ V p Ol rJl eB1 pf /Do /J' /OC .Vf nB `� Ili `/I l'• I/a I/f In1 °1010 � 0 lc)e CALLE •• RC CA as Ir• vIJ ,tF ,., ,ra ,ev ,J ,,. rm i faa ,v,.n+l A r316Q .� W 00 —r I I r •4> _T. .i _•' Pf, ~t .n-w i s"wr Ci1il`S r"'•"•• ROAU ` JBROPERTY .. . r _... — f4[-- w•e ws.rr tlu e i ii " O 1 /6 MBH/WR$a FOAM Wft Calory Load$ Meldvp wait saran m -- Orl1 a t IN IJ Ir _ _ _ Ce iIgn• M..rpf.. Its U/M-f! ASSf SS65'S 114P Ne :11& - _-- ® ASSESSOR'S PLAT MAP RESOLUTION NO. 637 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AMENDMENT TO AGREEMENT #175 WITH MOTEL 6 TO ALLOW FOR THE REIMBURSEMENT OF UP TO $20,000 FOR EXCESS COSTS RELATED TO THE RECONFIGURATION OF THE PALM CANYON/CAMINO PAROCELA INTERSECTION (PA #3). WHEREAS the Redevelopment Agency has previously approved an agreement with Motel 6 for the reimbursement of certain costs related to the reconfiguration of the intersection of South Palm Canyon Drive and Camino Parocela; and WHEREAS no specific allocation was previously included for onsite work at the Palm Canyon Financial Plaza and Sun Center necessary to tie in with the new intersection. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve the following: SECTION 1. Authorize the Executive Director to enter into Amendment #2 to Agreement #175 with Motel 6 to reimburse excess costs related to the reconfiguration of South Palm Canyon Drive and Camino Parocela. SECTION 2. Said reimbursement shall not exceed $20,000, and shall apply only to those excess costs related to on-site work on the Palm Canyon Financial Plaza and Sun Center properties. ADOPTED this 19th day of July , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Mayor Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA / By _Assistant Secretary Chairman REVIEWED AND APPROVED: _ __ RESOLUTION NO. 638 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A LETTER OF INTENT WITH WESTSHORE FINANCIAL CORP. REGARDING THE DEVELOPMENT OF A NEW HEADQUARTERS FACILITY FOR THE DESERT BLIND (PA #7, BLOCK 16) . WHEREAS Westshore Financial Corp. proposes to develop a new headquarters facility for the Desert Blind in the Highland Gateway Redevelopment Project Area; and WHEREAS the development of said project should provide for the improvement of the Project Area through the provision of additional economic activity, job opportunities, and social services to the area; and WHEREAS the developer has assembled a portion of the project site, but has been unable to complete the site assembly. NOW THEREFORE the Community Redevelopment Agency does hereby approve a Letter of Intent with Westshore Financial Corp. regarding the development of a new Desert Blind headquarters facility. ADOPTED this 9th day of August, 1989. AYES: Agency Members Broich, Foster, Neel &Chairman Bono NOES: None ABSENT: Agency Member Apfelbaum ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIF_ORNIA By —"City Clerk Mayor t REVIEWED AND APPROVED: Ku RESOLUTION N0. 639 OF THE COMMUNITY REDEVELOPMENT AGENCY ' OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AMENDMENT TO AGREEMENT #210 FOR MANAGEMENT SERVICES FOR THE MONTE VISTA HOTEL TO PROVIDE FOR VEHICLE MILAGE REIMBURSEMENT. WHEREAS the managers of the Monte Vista Hotel have willingly agreed to use their personal vehicle to provide guest transportation and material pick-up services. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby approve the amendment of Agreement #210 for management services to provide for vehicle milage reimbursement. ADOPTED this 9th day of August 1989 AYES: Agency Members Broich, Foster, Neel & Chairman Bono NOES: None ABSENT: Agency Member Apfelbaum ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By --/ City Clerk Chairman j REVIEWED AND APPROVED: r r i 1 ^�7 RESOLUTION NO. ' 640 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A PERSONAL SERVICE CONTRACT WITH DWIGHT AND DORIS NICEWONGER FOR ASSISTANT MANAGEMENT SERVICES AT THE MONTE VISTA HOTEL. WHEREAS the need for permanent assistant management services at the Monte Vista Hotel has been deemed appropriate; NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs does hereby approve a personal service contract with Dwight and Doris Nicewonger for assistant management services at the Monte Vista Hotel for a period of one-year commencing August 1, 1989. ADOPTED this ,9th day of August ., 1989. AYES: Agency Members Broich, Foster, Neel & Chairman Bono NOES: None ABSENT: Agency Member Apfelbaum ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA A-ssistan-t Secretary Chairman ` REVIEWED AND APPROVED: RESOLUTION NO. 641 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING CERTAIN DOCUMENTS AND APPROVING CERTAIN ACTIONS IN CONNECTION WITH ' THE $50,000,000 1987 VARIABLE RATE DEMAND REFUNDING CERTIFICATES OF PARTICIPATION (PALM CANYON PLAZA HOTEL PROJECT/PA S3). WHEREAS the Community Redevelopment Agency of the City of Palm Springs ("Agency") is a community redevelopment agency, duly formed and validly existing under and by virtue of the Community Redevelopment Law of the State of California (Health and Safety Code Section 33000 et sq. ) ("Law") , with the authority under the Law to buy and sell real and personal property located in a redevelopment project area; and WHEREAS in accordance with Resolution No. 499 adopted November 10, 1987, the Agency authorized the sale and delivery of seven separate issues of Variable Rate Demand Refunding Certificates of Participation (Palm Canyon Plaza Hotel Project) 1987 Composite, in the prinicipal amount of $50,000,000 (the "Certificates") for the purpose of financing the costs of acquiring, constructing, installing, equipping and improving each of the following elements of a condominium hotel project (the "Projects") : 1. 5 room hotel Palm Canyon Plaza 1, Ltd. $5,500,000 2. 25 room hotel Palm Canyon Plaza 2, Ltd. $6,000,000 3. 54 room hotel Palm Canyon Plaza 3, Ltd. $6,500,000 ' 4. 2 room hotel Palm Canyon Plaza 4, Ltd. $8,500,000 5. 12 room hotel Palm Canyon Plaza 5, Ltd. $9,000,000 6. 98 room hotel Palm Canyon Plaza 6, Ltd. $7,500,000 7. 94 room hotel Palm Canyon Plaza 7, Ltd. $7,000,000 WHEREAS in connection with the approval of the sale and delivery of the Certificates, the Agency authorized the execution and delivery of seven separate Trust Indentures, dated as of November 1, 1987, between the Agency, State Street Bank and Trust Company of California, N.A. (the "Trustee") and PCP Partners, a California limited partnership (the "Seller") , each as amended by that First Amendment to Trust Indenture, dated as of October 1, 1988 (the "Trust Indentures") ; and WHEREAS there has been presented to the Agency at this meeting the seven separate forms of a Third Amendment to the Trust Indentures, dated as of August 1, 1989 (the "Amended Indentures") between the Agency, the Trustee and the Seller providing for, among other things, another short term rate period from August 31, 1989 to December 28, 1989, at which time the Certifi- cates will be subject to redemption if the .developer has not provided the required credit facility to the Trustee to secure the Certificates; and WHEREAS there has been presented to the Agency at this meeting seven separate forms of Second Amendment to Project Acquisition Agreement, dated as of August 1, 1989, between the Agency, the Trustee, the seven limited partner- ships (collectively, the "Companies") and the Seller (the "Amended Agreements"). ' NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve as follows: SECTION 1. The proposed form of the Amended Indentures presented at this meeting are hereby approved. The Executive Director/Secretary and the Assistant Secretary of the Agency are hereby authorized Resolution No. 641 Page Two and directed for and in the name of the Agency to execute the said Amended Indentures, and the Executive Director or Redevelop- ment Director of the Agency is hereby authorized and directed to execute, acknowledge and deliver any and all documents required in order to consummate transactions contemplated by the Amended Indentures. The Amended Indentures shalll be executed in substantially the form hereby approved, with such additions thereto and changes therein as are recommended or approved by special counsel to the Agency and approved by such officers, such approval to be conclusively evidenced by the execution and delivery thereof. SECTION 2. The proposed form of the Amended Agreements presented at this meeting are hereby approved. ' The Executive Director/Secretary and the Assistant Secretary of the Agency are hereby authorized and directed for and in the name of the Agency to execute the said Amended Agreements, and the Executive Director or Redevelop- ment Director of the Agency is hereby authorized and directed to execute, acknowledge and deliver any and all documents required in order to consummate transactions contemplated by the Amended Agreements. The Amended Agreements shall be executed in substantially the form hereby approved, with such additions thereto and changes therein as are recommended or approved by special counsel to the Agency and approved by such officers, such approval to be conclusively evidenced by the execution and delivery thereof. SECTION 3. The Chairman, Executive Director/Secretary, Redevelopment Director and Assistant Secretary of the Agency are hereby authorized and directed, jointly and severally, to do any and all things and to execute and deliver any and all documents which they may deem necessary or advisable in order to consummate and other- wise to effectuate the purposes of this Resolution, and such actions previously taken by such officers are hereby ratified and confirmed. SECTION 4. The approvals and authorizations contained in Sections 1, 2, and 3 hereof are conditioned upon the receipt by the Agency on or prior to August 31, 1989, of an opinion of Hughes & Miller, Washington, D.C. , to the effect that the remarketing of the Certificates on August 31, 1989, will not have an adverse impact on the exclusion of interest on the Certificates from gross income for Federal income tax purposes. SECTION 5. This Resolution shall take effect from and after its date of adoption. ADOPTED this __yatt _ day of __August 1989. AYES: Councilmembers Apfelbaum, Broich, Foster, Neel and Mayor Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By___ss _ ( Chair �—�— Aistant' Secretary man REVIEWED AND APPROVED:-_-_,_( ;_� , _ _ ----- RESOLUTION NO. 642 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS APPROVING A LETTER OF INTENT WITH JERRY AND CHRISTOPHER FRANKEL REGARDING DEVELOPMENT OF PROPERTY AT 689 SOUTH PALM CANYON DRIVE IN THE SOUTH PALM CANYON REDEVELOPMENT PROJECT AREA. WHEREAS Jerry and Christopher Frankel wish to redevelop their property; and WHEREAS in the course of receiving approval for their redevelopment plans the Frankels have been faced with adverse conditions which resulted in excess cost to their project; and WHEREAS the redevelopment of the Frankel property would further the goals of the South Palm Canyon Redevelopment Project Area; NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs does hereby approve a Letter of Intent with Jerry and Christopher Frankel , a copy of which is on file in the office of the City Clerk. ADOPTED this 6th day of September , 1989 AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ' ATTEST: _ COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By `--Assistant Secretary Chair an REVIEWED AND APPROVED: K`'L , RESOLUTION NO. 643 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING CHANGES TO THE PROPERTY UPGRADE ASSISTANCE PROGRAM WHEREAS original program has previously received Agency approval , and WHEREAS the existing program allowance of $1,000 per storefront is not an equitable method for distribution of funds since some storefronts have much larger exposures and therefore ,greater costs for improvement, and WHEREAS currently there is not a limit per building or complex and since funds are limited it is necessary to place a cap on any one project to allow for a wider distribution ov° funds to create a greater impact in the assistance area. NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California to authorize the following changes to the Property Upgrade Assistance Program: The new formula for determining assistance shall be $75.00 per foot of street frontage with a maximum per storefront of $2,000.00 The Maximum per building or complex shall be $10,000. ADOPTED this 6th day of September 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA j _� C /0 Assistant Secretary Chairman REVIEWED AND APPROVED:��rr� !V — Ij ) d RESOLUTION NO. 644 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNITA, APPROVING AN EXPANDED NEIGHBORHOOD PAINTBRUSH PROGRAM FOR THE CITY OF PALM SPRINGS WHEREAS program has previously received Agency approval , and WHEREAS the Neighborhood Paintbrush Program has, through many types of advertising and promotion, saturated the targeted neighborhoods those being the Crossley tract and the Highland/Gateway Neighborhoods, which as a whole met the income qualifications for area wide use of low and moderate income housing fund monies, and WHEREAS attempts at qualifying other lower income neighborhoods have been unsuccessful , and WHEREAS the need exists in other portions of the community, and WHEREAS there are sufficient funds to support an on-going program at a higher level of activity. ' NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California, to approve a Paintbrush Program available for owner-occupied homes within all moderate income neighborhoods subject to qualifications of the homeowner as having a household income of less than 80% of the County-wide median. (see attached Exhibit A) That all other program requirements remain the same. ADOPTED this 6th day of September , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CA�IJ�RNIA BY Assl-s-tant Secretary Ch&Trman - REVIEWED AND APPROVED: ��. RESOLUTION No. 645 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, ', CALIFORN:IA, AMENDING THE BUDGET FOR THE 1989-90, FISCAL YEAR. WHEREAS Resolution 626, approving the budget for the: fiscal year 1989-90 was adopted on June 21 , 1989; 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 626 adopting the budget for the 1989-90 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o. 813 0182 7278 $10 , 000. 00 Title: Redevelopment S. Palm Canyon Belardo Bridge Purpose: To fund excess costs on bridge design pursuant to contract selection. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o. 813 - 301 $10 ,000 . 00 Title: Redevelopment S. Palm Canyon Fund Balance Adopted this 6th day of September 19 89 , AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None j ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE�.ITY OF PALM By A�sst/ Secretary Chairman REVIEWED AND APPROVED RESOLUTION NO. 646 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, REPAYING $297,500 IN LOANS TO THE CONVEN- TION CENTER (PA #2). ' - 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 Tahquitz-Andreas Redevelopment Area. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve the following: SECTION 1. Directs $297,500 in repayment of loans from the Community Redevel- opment Agency to the Convention Center Fund. SECTION 2. That proceeds of the repayment are to be used to pay the full priniciple of the loan from the Convention Center Fund, approved by Resolution No. 511 on February 17, 1988. ADOPTED this 20th day of _September , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA Assi-scant Secretary � - CAai`r-mah REVIEWED AND APPROVED: ICE RESOLUTION NO. 647 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, ', CALIFORNIA, AMENDING THE BUDGET FOR THE 1989-90' 1=ISCAL YEAR. WHEREAS Resolution 626, approving the budget for the fiscal year 1989-90 was adopted on June 21 , 1989; 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 626 adopting the budget for the 1989-90 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o. 138 - 301 $297,500 Title: Convention Center Fund Balance Purpose: To repay loan to Tahquitz-Andreas Redevelopment Fund approved February 17, 1988 , by Resolution No. 508 . SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o. 842 - 301 $297 ,500 Title: Redevelopment/ Fund Balance Tahquitz-Andreas Adopted this 20th - day of September 19 AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY i OF THE CITY OF PALM SPIN N�3$' o By _ �� ✓ /.�' U ss . '—Secretary Chairman REVIEWED AND APPROVED_ ?" r a -3 s z RESOLUTION NO. 648 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ' APPROVING CERTIFICATE OF COMPLIANCE ON THE DESERT FASHION PLAZA EXPANSION (PA #1/BLOCK 6) . WHEREAS the Participation Agreement for the Desert Fashion Plaza Expansion requires the issuance of a Certificate of Compliance and Release of Liens to evidence Participant's compliance with the financial obligations set forth in Sections 312, 322, and 323 of the Participation Agreement; WHEREAS due to the Participant's compliance with the financial obligations contained in Section 312, 322, 323 of the Participation Agreement and the Participant's previous compliance with its construction obligations as set forth in the Participation Agreement, the Community Redevelopment Agency of the City of Palm Springs (the "Agency") hereby returns the continuing Guaranty dated November 8, 1983 issued by The Edward J. DeBartolo Corporation. NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs, California, does hereby approve the Certificate of Compliance and Release of Liens, a copy of which is on file in the office of the City Clerk, for the Desert Fashion Plaza Expansion and hereby approves the return of the Continuing Guaranty. ADOPTED this __4th _ day of __ October , 1989. AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CA -FORNIA _16 --'Assistant Secretary Chairfi/an,l_-/ REVIEWED AND APPROVED: 1 RESOLUTION No. 649 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING AN AGREEMENT WITH THE COACHELLA VALLEY HOUSING COALITION FOR SERVICES ' RELATED TO A SELF-HELP HOUSING PROGRAM. WHEREAS the Agency has entered into an agreement with the Coachella Valley Housing Coalition for services related to a self-help housing program; and WHEREAS the Agency has allocated monies ',from the Housing Setaside Fund for the purpose of developing self-help housing to encourage homeownership among low income residents of the city; and WHEREAS the Coachella Valley Housing Coalition has complied with terms of the agreement to date; and WHEREAS State law requires the recording of deed restrictions on projects funded with the Housing Setaside Fund to insure affordability for 15 years. NOW THEREFORE be it resolved that the Community Redevelopment Agency of the City of Palm Springs, California, does hereby amend Agreement #171 with the Coachella Valley Housing Coalition for services related to a self-help housing program to extend the agreement's term until October 4, 1991, and to approve an agreement with the Coachella Valley Housing Coalition regarding the recording of on-going affordability restrictions on the project. ADOPTED this 4th day of __ October 1989. AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY PALM SPRINGS, CALIFORNIA By A sstant Secretary Chairm n REVIEWED AND APPROVED: RESOLUTION NO. 650 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ' APPROVING A LETTER OF INTENT WITH THE 443 PALM CANYON ASSOCIATES REGARDING THE DEVELOPMENT OF A RESTAURANT IN THE CENTRAL BUSINESS DISTRICT REDEVELOP- MENT PROJECT AREA (PA #1/BLOCK 2) WHEREAS the 443 Palm Canyon Partnership proposes to develop a new facility at 445 North Palm Canyon Drive for the Lou Calen Restaurant; and WHEREAS the development of additional quality restaurants in the northern portion of the Central Business District is consistent with the needs and future improvement of the project area. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby approve a Letter of Intent with 443 Palm Canyon Associates, a copy of which is on file in the offices of the City Clerk. ADOPTED this _loth day of October _ 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ' ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALI_FORNIA Ass-istant Secretary Chairman` REVIEWED AND APPROVED: �.F RESOLUTION NO. 651 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AND AUTHORIZING EXECUTION ' OF AN AGREEMENT FOR PLAZA THEATRE PROJECT WITH WESSMAN DEVELOPMENT, COMPANY. WHEREAS the Community Redevelopment Agency of the City of Palm Springs (the "Agency") is carrying out the Redevelopment Plan (the "Redevelopment Plan") for the Central Business District Redevelopment Project Area (the "Project") ; and WHEREAS in implementation of the Redevelopment Plan , the Agency and John Wessman , dba Wessman Development Company (the "Developer") , entered into a Redevelopment Participation Agreement on November 2, 1988, providing for the renovation and redevelopment of certain real property known as the Plaza de Las Flores located within the boundaries of the Project (the "Project Area") ; and WHEREAS the Plaza Theatre (the "Theatre') is currently leased by the Agency and will be purchased by the Agency at the end of the lease term; and WHEREAS the Theatre is located within the Plaza de Las Flores; and WHEREAS in order to encourage and enhance the further redevelopment of the Plaza de Las Flores, the Agency and the Developer desire to enter into an agreement pursuant to which the Developer will cause to be performed, and the Agency will pay for, the renovation of the Theatre. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs , California, does hereby resolve to approve the Agreement for Plaza Theatre Project, substantially in the form presented to the City Council and on file with the City Clerk, and the Executive Director of the Agency is authorized to complete and execute said Agreement on behalf of the Agency with such minor, technical and clarifying changes or additions as the Executive Director and Agency Counsel' shall determine are necessary or appropriate. ADOPTED this _18th _ day of __October—�_—_, 1i989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNIT`( REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA _ Assistant Secretary Chairman REVIEWED AND APPROVED: RESOLUTION NO. 652 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ' ACCEPTING A $320,000 LOAN FROM THE GENERAL FUND TO PROVIDE FUNDING FOR CERTAIN COSTS FOR THE PLAZA THEATRE FUND OF 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 Plaza Theatre Fund of the Central Business District Project Area; and WHEREAS $320,000 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 $320,000 loan from the General Fund to the Community Redevelopment Agency of the City of Palm Springs at 8.5% 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 renovation of the Plaza Theatre in the Central Business District Project Area. The loan is to be repaid from the proceeds of fund-raising for the theatre project. ADOPTED this 18th day of October 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By _Assistant Secretary Chairman REVIEWED AND APPROVED: ` RESOLUTION NO. 653 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1989-90 FISCAL YEAR. WHEREAS Resolution 626, approving the budget for the fiscal year 1989-90 was adopted on June 21 , 1989; 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 626 adopting the budget for the 1989-90 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT 0, 921 0180 '7609 $130, 000 Theatre Renov. Title: 4562 18 , 134 Central Bus. Dist Plaza Theatre Interest: E.xpens Purpose: To increase budget to current estimate for cost of renovation and to fund interest e3�;pense on General Fund loan from November 1, 1939 to end of 1989-90 fiscal SECTION 2. SOURCE year. FUND ACTIVITY ACCOUNT AMOUNT o, 921 - 301 $148 , 134 Title: Central Bus . Dist. Plaza Theatre Fund Balance Adopted this 19th clay of October 1989 AYES: Agency Members Apfelbaum, Broi;ch, Foster', Neel and Chairman Bono NOES: None ABSENT:None ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE STY OF PALM SP LNGS i Bye Secretary Chairman( REVIEWED AND APPROVED' RESOLUTION NO. 654 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ' TO LEASE PREMISES AT 437 NORTH PALM CANYON DRIVE TO ROBERT HOCKENBERRY, DBA HCCKENBERRY GALLERY FOR A TERM OF ONE YEAR. WHEREAS the Community Redevelopment Agency desires to lease premises at 437 North Palm Canyon Drive; and WHEREAS Robert Hockenberry has asked to lease the premises for the purpose of conducting therein an art gallery. 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 Hockenberry, dba Hockenberry Gallery of the premises at 437 North Palm Canyon Drive. SECTION 2. Lease shall be for a term of one year at a rent of $5,400.00 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 he 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 18th day of October , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS , CALIFORNIA By 'Assistant Secretary A— xoChairman REVIEWED AND APPRCVED: __ �__�� ` `_ _ __ RESOLUTION NO. 655 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, TO LEASE PREMISES AT ' 428 NORTH PALM ' CANYON DRIVE TO BORIS FRID FOR A TERM OF ONE YEAR. WHEREAS the Community Redevelopment Agency desires to lease premises at 428 North Palm Canyon Drive; and WHEREAS Boris Frid has asked to lease the premises for the purpose of conducting therein an art and antique gallery. 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 Boris Frid of the premises at 437 North Palm Canyon Drive. SECTION 2. Improvements to remain with the store. SECTION 3. Liability insurance to be provided by Lessee, according to City requirements. SECTION 4. Lessee is responsible for maintenance of interior of store and City is responsible for exterior maintenance. ADOPTED this 18th day of _October , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIF4RNIA d' `A5'sistant Secretary Chairman REVIEWED AND APPROVED ��ti► I :S E b Gp p - c- RESOLUTION NO. 656 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT WITH METROPOLITAN THEATRES REGARDING THE USE AND IMPROVEMENT OF THE PLAZA THEATRE (PA #1/BLOCK 7) . WHEREAS the Redevelopment Agency has entered into a lease purchase agreement with Earle Strebe et. al . for the acquisition of the Plaza Theatre; and WHEREAS the Agency intends to renovate the Plaza Theatre into a single-screen theatre for use for the Palm Springs Film Festival and other special events; and WHEREAS Metropolitan Theatres has operated the facility for some time and wishes to continue to operate the facility when not in use for the film festival and other special events; and WHEREAS Metropolitan has chosen to support the renovation effort for the theatre through the donation of the theatre' s existing fixtures and equipment and $75,000 in cash. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve to approve an agreement with Metropolitan Theatres Corporation (MTC) for MTC to operate a single screen movie theatre ' at the Plaza Theatre for 12% of its total receipts, to donate all existing furniture, fixtures, and equipment with the exception of the equipment in one projection booth, and to donate $75,000 in cash towards the renovation of the theatre. A copy of the agreement is on file in the office of the City Clerk. ADOPTED this 1st day of November 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By Assistant Secretary' Chailrman— REVIEWED AND APPROVED:_ i RESOLUTION NO. 657 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALh. SPRINGS, CALIFORNIA, ACCEPTING A LOAN FROM THE SEWER FUND TO THE RAMON-BOGIE REDEVELOPMENT FUND IN THE AMOUNT OF $269,450! WHEREAS the Redevelopment Agency and City Council have previously approved projects in the Ramon-Bogie Redevelopment Project Area; and WHEREAS the approval of said projects anticipated the need for additional capital from the Sewer Fund to complete these projects. NOW THEREFORE the Community Redevelopment 'Agency of the City of Palm Springs, California, does hereby resolve the following: SECTION 1. Accepts a $269,450 loan from the Sewer Fund to the Ramon-Bogie Redevelopment Fund at 8.5% simple interest per annum. This allocation shall be a loan to the Agency and shall constitute an indebtedness of the Ramon-Bogie Redevelopment Project Area , within the meaning of Division 24 of the Health and Safety Code, Article 6, Chapter 6, of the California Redevelopment Law, and payable when tax increment', from the redevelopment project warrants. SECTION 2. That the proceeds of the loan be utilized to provide the Agency with sufficient cash to carry out projects previously approved for the Ramon-Bogie Redevelopment Area as part of the 1989-90 Agency Budget. ADOPTED this igt day of NnvamhPr 1989. AYES: Agency Members Apfelbaum, Broich, Neel and Chairman Bono NOES: None ABSENT: None ABSTAIN: Agency Member Foster ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By__ 1- �` — -=-- ' --- -- .Assistant Secretary Cha r an REVIEWED AND APPROVED:__ - _ -- --- RESOLUTION NO. 650 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE COOPERATIVE AGREEMENT WITH THE PALM SPRINGS UNIFIED SCHOOL DISTRICT REGARDING THE DISPOSITION OF TAX INCREMENT REVENUE FROM REDEVELOP- MENT PROJECT AREA #9. WHEREAS the Agency proposes to undertake certain redevelopment activities in the Redevelopment Project Area #9 pursuant to the Community Redevelopment Law, in the interests of the health, safety, and general welfare of the people of the City of Palm Springs; and WHEREAS the Community Redevelopment Law authorizes redevelopment agencies to provide that any taxing agencies with territory located within a project area, other than the community which has adopted the project, may receive an amount of money which in the Agency' s determination is appropriate to alleviate any financial burden or detriment caused to any taxing agency by a redevelopment project; and WHEREAS the parties wish to enter into a cooperative agreement to provide mutual aid and assistance in the redevelopment of the Redevelopment Project Area #9 and to alleviate any financial burden or detriment caused to the District by such redevelopment activities; and ' WHEREAS the Agency has found and determined that it would be appropriate to alleviate any financial burden or detriment caused to the District by the redevelopment activities by providing that the District shall receive a portion of the tax revenues generated within the Redevelopment Project Area #9: NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. Enter into Agreement. Direct the Agency Chairman to enter into agreement and first amendment thereto with the Palm Springs Unified School District for the allocation of tax increment from the Redevelopment Project Area #9, incorporating the terms set forth below, as on file with the City Clerk. Section 2. Allocation of Tax Revenues. From the total tax increment revenues generated from the Redevelopment Project Area #9 each year, of the portion attributable to the District ("District Tax Revenues") , the District shall be allocated funds as follows: a. Fifty percent (50%) of the District Tax Revenue less a pro rata share of the twenty percent (20%) state-required housing setaside. ' b. One hundred percent (100%) of the District's Bonded Indebtedness Tax Revenue. Section 3. Allocation of Tax Revenues from Project Areas. The parties agree that the allocation of tax revenues under this Agreement shall apply to the Redevelopment Project Area #9 of the Redevelop- ment Plan commencing with the Base Year. i ' A Resolution No. 658 Page Two Section 4. Commencement of Payment. The obligation of the Agency that the District sha1I receive payments under this Agreement shall commence in the first fiscal year in which tax revenues are allocated to the Agency. Section 5. Allocation of Financial Burden. The parties agree that the amount received by the District pursuant to this Agreement is appropriate to alleviate any financial burden or detriment caused to the District by the implementation of the Redevelopment Plan. ADOPTED this Ist_ day of November 1989- AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS/ CALIFORNIA By — +Assi'stant Secretary Chairman REVIEWED AND APPROVED '`5 1 ---- RESOLUTION NO. 659 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING EXECUTION AND DELIVERY OF GRANT DEED OF CERTAIN PROPERTY TO JOHN WESSMAN PURSUANT `,'O FOURTH AMENDED AND RESTATED REDEVFLOPMI.NT PARTICIPATION AGREEMENT. WHEREAS the Community Redevelopment Agency un November 2 , 1988 , entered into a Fourth Amended and Restated Redevelopment Participation Agreement with John Wessman as Developer, relating to the Plaza de las Flores project (Agency Agreement No. 191; City Agreement No. 2634) ; and WHEREAS, pursuant to that agreement the Community Redevelopment Agency agreed, among other things, to convey to Developer certain property, including the "Willard" property, referred to in said agreement as Parcel No. 4 , and more fully described in that certain grant deed , a copy of which is on file in the office of the City Clerk, the execution and delivery, cf which is the subject of this resolution; and WHEREAS the Community Redevelopment Agency has acquired possession of the subject real property b' an Order for ' Prejudgment Possession, entered August 2 , 1986 , in the condemnation action entitled Community R�_d2,rel -jpment Agencv of the City of Palm Springs v Willard,_ Rivcrs4d,� County Superior Court No. Indio 54378, and now desires to c^n•,ey to Developer all of its rights acquired pursuant to said orde,=, together with all title now owned and hereafter acquired by Agency in said property; NOW THEREFORE, BE IT RESOLVED that the Executive Director be, anc. he hereby is, authorized and directed on behalf of the Agency to execute and deliver to John Wessman, a grant deed conveying the property described therein, in form identical to the copy of said teed on file in th_ office of the City Clerk. ADOPTED this 7th day of November, 1989 . AYES : Agency Members Apfelbaum, Broich, Neel and Chairman Bono NOES : None ABSENT: Agency Member Foster ATTEST: COMAUNI'1Y REDEVELOPMENT AGENCY CITY OI' i'A'.'•,,, SPRINGS, CALIFORNIA r� B Assistant Secretary r Chairman i' REVIEWED AND APPROVED: � RESOLUTION NO. 660 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE EXTENSION OF THE MANDATORY REDEMPTION ' DATE OF ITS $4,800,000 VARIABLE RATE DEMAND CERTIFICATES OF PARTICIPATION FROM DECEMBER 1, 1989 UNTIL DECEMBER 1, 1990. WHEREAS the Community Redevelopment Agency of the City of Palm Springs (the "Agency") has heretofore entered into a Trust Agreement dated as of December 1, 1986 (the "Trust Agreement") by and among the Agency, Chemical Bank, as Paying Agent, First Interstate Bank of California , as Trustee, and John Wessman dba Wessman Development Company (the "Developer") in connection with the issuance by the Agency of its $4,800,000 Variable Rate Demand Certificates of Participation (Welwood Murray Plaza Project) ; and WHEREAS the Developer has requested that Section 303(6) (a) of the Trust Agreement be amended to extend the mandatory redemption date set forth therein from December 1, 1989 until December 1, 1990. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California , does hereby authorize and direct the Agency Chairman to take any and all actions as may be necessary in connection with amending Section 303(6) (a) of the Trust Agreement to extend the mandatory redemption date set forth therein from December 1, 1989 until December 1, 1990. ADOPTED this 21st day of November , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENI : None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA12 / By --- ---- _ --- -= —% ---- fi siTstant Secretary Chairman REVIEWED AND APPROVED:_— ,�-- L._--v��_—__— —_ D RESOLUTION NO. 661 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A CHANGE ORDER IN THE AMOUNT OF $ 30,764.34 TO THE CONTRACT WITH WESSMAN DEVELOPMENT CORPORATION FOR THE PLAZA THEATRE RECONSTRUCTION. WHEREAS on October 18, 1989, the Community Redevelopment Agency entered into an agreement with Wessman Development Corporation for the renovation of the Plaza Theatre in the amount of $525,139; and WHEREAS during the course of reconstruction changes to the original plans have been made causing an increase in the contract amount. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs does hereby authorize a change order to the Wessman Development Corporation contract for the Plaza Theatre Reconstruction in the amount of $' 30,764.34 ADOPTED this 21st day of November , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None t ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALIFORNIA By `Assistant Secretary Chairman REVIEWED AND APPROVED: 1 RESOLUTION NO. 662 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT WITH THE COACHELLA VALLEY HOUSING COALITION IN THE AMOUNT OF $40,500 TO ASSIST WITH THE PURCHASE OF SEMINOLE GARDENS APARTMENTS. WHEREAS funds in the Low and Moderate Income Housing Setaside Fund of the Community Redevelopment Agency may be used for preservation of existing of affordable housing; and WHEREAS Seminole Gardens Apartments, a 60-unit apartment building affordable to low and very low income families, is threatened with conversion to market rents; and WHEREAS the Coachella Valley Housing Coalition, a non-profit housing corpora- tion, wishes to purchase Seminole Gardens to ensure its on-going affordability. NOW THEREFORE be it resolved by the Community Redevelopment Agency of the City of Palm Springs, California , that a contract in the amount of $40,500 with Coachella Valley Housing Coalition for expenses related to the purchase of Seminole Gardens Apartments is approved. ADOPTED this 6th day of December 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF ALM SPRINGS, CAL5ITORNIA By - --- J.- --) Assistant Secretary — Chairman" J REVIEWED AND APPROVED:__�Z_4 O RESOLUTION NO. 663 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AWARDING BIDS FOR THE FOLLOWING ITEMS RELATING TO THE PLAZA THEATRE RENOVATION: THEATRE SCREEN, CURTAINS AND DRAPES, CARPETS, LIGHTING FIXTURES, SEATING, LIGHT DIMMERS, SOUND SYSTEM, SCENIC ARTIST, CONCESSION EQUIPMENT, AND ICE MACHINE. 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 implementation of the Redevelopment Plan, the Agency is in the process of renovating the Plaza Theatre; and WHEREAS the Agency has previously approved a contract for theatre renovation with Wessman Development Company; and WHEREAS the approved contract with Wessman Development Company does not include the purchase of specialty items needed to complete the theatre renovation. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve to award bids to the following trades for the Plaza Theatre Renovation Project: 1. Curtain & Drapes: Dustin Walen eta] $ 8,750.00 2. Concession Equipment: R.W. Smith 5,465.00 3. Sound: Terrance Entertainment 21,535.86 4. Screen: MTS Northwest Sound, Inc. 3,200.00 5. Carpets: Werner Floor Covering, Inc. 13,378.00 6. Ice Machine: R.W. Smith 2,035.00 7. Lighting Fixture: Art D'Mexico 4,500.00 8. Seating: American Seating 35,450.00 9. Scenic Artist: TCA 9,265.00 10. Light Dimmers: Lektrotek, Inc. 15,532.00 TOTAL $119,110.86 ADOPTED this _6th day of __ December 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT 3ENCY CITY OF PALM SPRINGS, L FORNIA By Assistant Secretary � Chairman REVIEWED AND APPROVED:_—xTJ --� —�-- —u — `�t RESOLUTION NO. '664 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ACCEPTING A $100,000 LOAN FROM THE GENERAL FUND TO PROVIDE FUNDING FOR CERTAIN COSTS IN THE COMMUNITY REDEVELOPMENT AGENCY CENTRAL BUSINESS DISTRICT FUND RELATING TO THE PLAZA THEATRE RENOVATION. WHEREAS the Community Redevelopment Agency of the City of Palm Springs, California, has and will incur expenses in the Community Redevelopment Agency Central Business District Fund; and WHEREAS $100,000 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 $100,000 loan from the General Fund to the Community Redevelopment Agency of the City of Palm Springs at 8.5% interest. The allocation shall be a loan to the Agency and shall constitute an indebtedness of the Agency, within the meaning of Division 24 of the Health and Safety Code Article 6, Chapter 6, of the California Redevelopment Law. SECTION 2. That proceeds of the loan will be utilized to provide the Agency with sufficient cash for certain costs related to the renovation of the Plaza Theatre in the Central Business District Project Area. The loan is to be repaid from the proceeds of fund-raising for the theatre project. ADOPTED this 6th_ day of _..0,e_c_embr , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CAA FORNIA By Assistant Secretary Chair an REVIEWED AND APPROVED:__x12-_ -L_______ RESOLUTION NO. 665 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1989-90 FISCAL YEAR. WHEREAS Resolution 626, approving the budget for the fiscal year 1989-90 was adopted on June 21 , 1989; 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 626 adopting the budget for the 1989-90 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT o. 921 0180 7609 $92,166 Theatre Renov. Title. 4562 Central Bus. District Plaza Theatre Interest Expense $7,834 ' Purpose: To increase budget to current estimate for cost of renovation and to fund interest expense on General Fund loan from November 1, 1989 to end of 1989-90 fiscal year. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT o. 921 - 301 $100,000 Title: Central Bus. Distric Plaza Theatre Fund Balance Adopted this 6th day of December 19 AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMEN�T,A�ENCY OF TyL/CITY OF PALM SPR'I�'GS r • By v d )` Asst._ Secretary Chairman REVIEWED AND APPROVED RESOLUTION NO. 666 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, CLARIFYING CERTAIN EASEMENT RIGHTS WITH JOHN WESSMAN, DBA WESSMAN DEVELOPMENT COMPANY, RELATED TO THE SALE OF AGENCY OWNED PROPERTY AT 1.24 & 132 SOUTH PALM CANYON DRIVE (PA #1/BLOCK 7) . WHEREAS the Redevelopment Agency of the City of Palm Springs is the owner of a lease/purchase agreement of that certain parcel of land known as the Plaza Theatre; and WHEREAS said property has in the past been used for• theatre, restaurant, and retail uses; and WHEREAS the Redevelopment Agency by Resolution No. 596 agreed to divest itself of the retail and restaurant uses on the Palm Canyon frontage while retaining the theatre portion of the building (through letter agreement dated February 1, 1989) ; and WHEREAS certain access rights were not clarified in the previous resolution ; and WHEREAS the City Council and Agency has entered into an agreement on November 2, 1988, with Wessman Development Company, for the sale of a portion of this property. NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs, California, does hereby resolve as follows: SECTION 1. That the sale of the property shall include a) 24 feet of land fronting on Palm Canyon Drive and the building situated thereon at 124 South Palm Canyon Drive, b) 18.5 feet of land fronting on Palm Canyon Drive and the building situated thereon at 132 South Palm Canyon Drive, c) an easement over the north corridor of the theatre, d) cross easement rights over the Indian Avenue access and cross easement rights over the entrance to the Plaza Theatre. No structures may be erected or modified within the 19.2 feet between the buildings at 124 and 132 South Palm Canyon Drive without prior approval of 'the Community Redevelopment Agency or its successor (Exhibits on file in the office of the City Clerk) . SECTION 2. That the sale price shall include a means of access to and from the rear exit of Plaza de 1as Flores to Indian Avenue, to include such property interest, whether easement or fee title, as is necessary to provide such access, all contingent upon the Agency' s ability to acquire that property through any means legally available to it. SECTION 3. That when the sale of parcels is consummated, a lot line O adjustment will occur. Resolution No. 666 Page Two SECTION 4. That the sale will not occur until June 1, 1998, but for purposes of code requirements this action will be considered effective as of the date of this Resolution. ADOPTED this 6th day of December , 1989. AYES: Agency Members Apfelbaum, Broich, Foster, Neel and Chairman Bono NOES: None ABSENT: None ATTEST: COMMUNITY REDEVELOPMENT-�� AGENCY _� CITY�OF PALM SPRINGS CA!tf7WNIAA I By _Assistant Secretary Chairman REVIEWED AND APPROVED:_,__ 1 RESOLUTION NO 667 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING COOPERATION AGREEMENT WITH LIBRARY BOARD OF TRUSTEES WHICH WILL CONVEY ALL AGENCY INTERESTS TO THE WELWOOD MURRAY LIBRARY PROPERTY TO THE PALM SPRINGS LIBRARY BOARD OF TRUSTEES (PA #1, BLOCK 7) . WHEREAS the Agency is in the process of acquiring reversionary interests to the Welwood Murray Library property; and WHEREAS the Agency intends that the financial benefits of said property continue to accrue to the City Library, the original beneficiary of the gift deeds for said property. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs , California, does hereby resolve to approve Cooperation Agreement transferring all future Agency interests to the Welwood Murray Libra.ry property to the Palm Springs Board of Trustees. ADOPTED this 19th day of _December 1989. AYES: Agency Members Broich, Foster, Neel and Chairman Apfelbaum NOES: None e ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS,,Cf"IFORNIA By ' Assistant Secretary ChaIrman� REVIEWED AND APPROVED:_—A ��-- ,�,.,* RESOLUTION NO. 668 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA AUTHORIZING THE REALLOCATION OF $8,174.43 FROM THE MAIN STREET 1989-90 BUDGET FOR PAYMENT OF ONE-THIRD THE COST OF THE UPDATE AND REPRODUCTION OF 109,000 COPIES OF THE "SHOP PALM CANYON DRIVE" DIRECTORY REPRINT. WHEREAS the Redevelopment Agency on March 22, 1988 adopted Resolution No. 515 committing funding for a three year period at $50,000 per year to the Main Street program; and WHEREAS the Main Street program approved and authorized a commitment to fund the reproduction costs of the SHOP PALM CANYON DRIVE directory; NOW THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section I : Approval of the reallocation of $8,174.43 to be paid out of the current 1989-90 budget allocation of $50,000 from the Main Street program. ' Section 2. That this action will not constitute an increase in the 1989-90 budget for the Main Street program. ADOPTED THIS 19th day of December , 1989. AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, CALLFORNIA Assi`s-tant Secretary Chairman REVIEWED AND APPROVED: /6�j s u'E tW/bat 1 Ufz U 0- RESOLUTION NO. 669 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALI'FORNIA, RESCINDING BID AWARDED TO AMERICAN SEATING IN THE AMOUNT OF $35,450, AND AWARDING BIDS TO HOLSINGER, INC. AND SEATING CORP. IN THE AMOUNTS OF $15,042. 50 AND $14,408, RESPECTIVELY, FOR THE PURCHASE AND INSTALLATION OF SEATS AT THE PLAZA THEATRE (PA #1/BL.00K 7) WHEREAS the Agency has previously approved the restoration of the Plaza Theatre for the betterment and continued ! livelihood of downtown Palm Springs ; and WHEREAS on December 6, 1989, by Agency Resolution No. 663, bids were awarded for particular specialty items need to complete Phase I of Theatre renovation which were not included in Wessman Development contract; and WHEREAS American Seating was awarded a, bid in the amount of $35,450 for the purchase and installation of 55 new seats , and the installation of exist- ing seats which have been temporarily removed; and WHEREAS American Seating has advised the Agency that they will be unable to supply the new seats within the specified time frame; and WHEREAS Holsinger, Inc. has the seats needed for the Plaza Theatre currently a available for installation, and Seating Corp. is available to do the installation. NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California , does hereby resolve to authorize the following: SECTION 1. Rescind bid awarded to American Seating in the amount of $35,450. SECTION 2. Award bid for purchase of 55 new seats to Holsinger, Inc. , in the amount of $15,042.50. SECTION 3. Award bid for the installation of new and existing seats at Plaza Theatre to Seating Corp. , in the amount of $14,408. ADOPTED this 19th day of December , 1989. AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRINGS, /CCALL J,& N°IA By As-sistant Secretary Q Chairman � REVIEWED AND APPROVED:_1C RESOLUTION NO. 670 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, ' APPROVING AMENDMENT #1 TO OWNER PARTICIPATION AGREEMENT #123 (PALM CANYON PLAZA HOTEL) RELATIVE TO ADDITIONAL FINANCIAL ASSISTANCE (PA #3/BLOCK 11) . WHEREAS the Agency previously entered into Owner Participation Agreement #123 with Palm Canyon Plaza 1-7, Ltd. to further the development of a full-service hotel at the northeast corner of South Palm Canyon Drive and Mesquite Avenue; and WHEREAS the Agency still supports the development of the hotel on this site ; and WHEREAS in order to obtain the necessary bank guarantees to proceed with construction of the hotel additional Agency assistance is necessary and appropriate; NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs, California , does hereby resolve to approve Amendment #1 to Owner Participation Agreement #123 (Palm Canyon Plaza Hotel ) relative to additional financial assistance. ADOPTED this 21st__ day of __December Y_ Y 1989 AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AFRNIA Y CITY OF PALM SPRINGS, CA j By A-ssistant Secretary �, II� Chairma REVIEWED AND APPROVED:__ 1 DEC-19-1989 19: 12 FROM NOSSAMAN GUTHNER TO G 11 9181133233314 P.02 (- RESOLUTION NO. 671_ RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRING$, CALIFORNIA APPROVING CERTAIN bOCUMENTS AND APPROVING CERTAIN ACTIONS IN CONNECTION WITH THE $50, 000,000 1987 VARIABLE RATE DEMAND REFUNDING CERTIFICATES OF PARTICIPATION (PALM CANYON PLAZA HOTEL PRAGECT) WHEREAS, the Community Redevelopment Agency of the City of Palm Springs ( "Agency") is a community redevelopment agency, duly formed and validly existing under and by virtue of the Community Redevelopment Law of the State of California (Health and Safety Code Section 33000 et seq. ) ( "Law") , with the authority under the Law to buy and sell real and personal property located in a redevelopment project area; and WHEREAS, in accordance with Resolution No. 499 adopted November 10, 1987, the Agency authorized the sale and delivery of seven separate issues of Variable Rate Demand Refunding Certificates of Participation (Palm Canyon Plaza Hotel Project) 1987 Composite, in the principal amount of $50, 000, 000 (the "Certificates") for the purpose of financing the costs of acquiring, constructing, installing, equipping and improving each of the following elements of a condominium hotel project (the "Projects") :, 1, 5 room hotel Palm Canyon Plaza 1, Ltd. $ 51500, 000 2 . 25 room hotel Palm Canyon Plaza 2, Ltd. $ 6, 000, 000 3 . 54 room hotel Palm Canyon Plaza 3 , Ltd. $ 6, 500,000 4 . 2 room hotel Palm Canyon Plaza 4, Ltd. $ 81500,000 5 , 12 room hotel Palm Canyon Plaza 5, Ltd. $ 9, 000, 000 6 , 98 room hotel Palm Canyon Plaza 6, Ltd. $ 7, 500, 000 7 , 94 room hotel Palm Canyon Plaza 7, Ltd. $ 71000, 000 WHEREAS, in connection with the approval of the sale and delivery of the Certificates, the Agency authorized the execution and delivery of seven separate Trust Indentures, dated as of November 1, 1987, between the Agency, State Street Bank and Trust Company of California, N.A. (the "Trustee") and PCP partners, a California limited partnership (the "Seller") , each as amended (the "Trust Indentures") ; and WHEREAS, there has been presented to the Agency at this meeting the seven separate farms of a Fourth Amendment to the Trust indentures, dated as of December _, 1989 (the "Indenture Amendments" ) between the Agency, the Trustee and the DEC-19--1989 16:13 FRcm NOSSAMAI GJTHNER TO 916193233314 P.23 — Seller providing for, among other things, another short term rate period from December 28, 1989 to March 28 , 1990, at which time the Certificates will be subject to redemption if the ' developer has not obtained a commitment to provide a credit facility for the Certificates; and further providing for another short term rate period from March 28, 1990 to June 28, 1990 if the developer has obtained said commitment, at which time the Certificates will be subject to remarketing if the developer has provided the required credit facility to the Trustee to secure the Certificates or redemption of the required credit facility has not been delivered to the Trustee; provided, further, that, the Certificates may be remarketed on June 28, 1990 in the event that said credit facility has not been delivered with a resolution of the board of the Agency approving such remarketing and an approving opinion of Special Tax Counsel; and WHEREAS, there has been presented to the Agency at this meeting seven separate farms of a Third Amendment to Project Acquisition Agreement, dated as of December 1, 1989 , between the Agency, the Trustee, the seven limited partnerships (collectively, the "Companies") and the Seller (the "Agreement Amendments") . NOW, THEREFORE, the Community Redevelopment Agency of the City of Palm Springs, California does hereby resolve as follows : SECTION 1. The proposed form of the Indenture Amendments presented at this meeting are hereby approved. The Executive Director/Secretary and the Assistant Secretary of the Agency are hereby authorized and directed for and in the name of the Agency to execute the said Indenture Amendments, and the Executive Director or Redevelopment Director of the Agency is hereby authorized and directed to execute, acknowledge and deliver any and all documents required in order to consummate transactions contemplated by the Indenture Amendments. The Indenture Amendments shall be executed in substantially the form hereby approved, with such additions thereto and changes therein as are recommender) or approved by special Counsel to the Agency and approved by such officers, such approval to be conclusively evidenced by the execution and delivery thereof . SECTION 2 . The proposed form of the Agreement Amendments presented at this meeting are hereby approved. The Executive Director/Secretary and the Assistant Secretary of the Agency are hereby authorized and directed for and in the name of the Agency to execute the said Agreement Amendments , and the Executive Director or Redevelopment Director of the Agency is hereby authorized and directed to execute, acknowledge and deliver any and all documents required in order to consummate 0653N DEC-19-1989 18:13 FROM NOSSAMAN GUTHNER TO 916193233314 P.04 C �) transactions contemplated by the Agreement Amendments . The Agreement Amendments shall be executed in substantially the form hereby approved, with such additions thereto and changes therein as are recommended or approved by spacial counsel to the Agency and approved by such officers , such approval to be conclusively evidenced by the execution and delivery thereof . SECTION 3 . The Chairman, Executive Director/Secretary, Redevelopment Director and Assistant Secretary of the Agency are hereby authorized and directed, jointly and severally, to do any and all things and to execute and deliver any and all documents which they may deem necessary or advisable in order to consummate and otherwise to effectuate the purposes of this Resolution, and such actions previously taken by such officers are hereby ratified and confirmed. SECTION 4 . The approvals and authorizations contained in Sections 1, 2 , and 3 hereof are conditioned upon the receipt by the Agency on or prior to December 28, 1<.189 , of an opinion of Haynes & Miller, Washington, b.C. , to the; effect that the remarketing of the Certificates on December 28 , 1989 , will not have an adverse impact on the exclusion of interest on the Certificates from gross income for Federal income tax Purposes . SECTION 5 . This Resolution shall take effect from and after its date of adoption. ADOPTED THIS 21st day of December, 1989 . AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ABSTAIN: None ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY OF PALM SPRING ,- -CALIKgRN /A By Secretary Chairman REVIEWED AND APPROVED: ( -- I HEREBY CERTIFY THAT THE FOREGOING IS A TRUE COPY OF RESOLUTION NO. DULY ADOPTED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS IN A MEETING THEREOF HELD ON THE 21ST DAY OF DECEMBER, 1939 . DATED AT PALM SPRINGS, CALIFORNIA THIS DAY OF DECEMBER, 1989 . ASSISTANT SECRETARY OF COMMUNITY, REDEVELOPMENT AGENCY, CITY OF PALM SPRINGS, CALIFORNIA. 3 • ' 0653N RESOLUTION NO. 672 OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA ' AUTHORIZING THE REALLOCATION OF $8,174.43 FROM THE AGENCY'S THIRD YEAR COMMITMENT TO MAIN STREET FOR PAYMENT OF ONE-THIRD OF THE UPDATE AND REPRODUCTION OF 109,000 COPIES OF THE "SHOP PALM CANYON DRIVE" DIRECTORY REPRINT AND RESCINDING RESOLUTION NO. 668. WHEREAS, the Redevelopment Agency on March 22, 1988 adopted Resolution No. 515 committing funding for a three year period at $50,000 per year to the Main Street program; and WHEREAS, the Main Street program approved and authorized a commitment to fund one-third the reproduction cost of the SHOP PALM CANYON DRIVE directory; NOW THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1: Approval of the reallocation of $8,174.43 to be paid in ' advance to Main Street out of the Agency' s third year commitment (1990-91) of $50,000. Section 2. That this action does not constitute an increase in the 1990-91 third year commitment for the Main Street program. Section 3. That Resolution No. 668 be rescinded. ADOPTED THIS 21st DAY OF December , 1989 AYES: Agency Members Broich, Foster, Neel and Vice-Chairman Apfelbaum NOES: None ABSENT: Chairman Bono ATTEST: COMMUNITY REDEVELOPMENT AGENCY CITY.OF PALM SPRINGS,,IY�FORNIA BY Assistant Secretary Chairman REVIEWED AND APPROVED: