HomeMy WebLinkAbout1/1/1986 - CRA RESOLUTIONS RESOLUTION NO. 391
OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS, CALIFORNIA, AMENDING
THE BUDGET FOR THE 1985-86 FISCAL YEAR.
WHEREAS Resolution 346, approving the budget for the fiscal year 1985-86
was adopted on June 19, 1985; 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 346 adopting the budget for the 1985-86
fiscal year is hereby amended as follows:
SECTION 1 . ADDITIONS
FUND ACTIVITY' ACCOUNT AMOUNT
' No. : 87 870 4501 $32,500
Title: Low/Moderate
Housing Income Renaissance Hotel
Purpose: Fund relocation assistance for Renaissance Hotel project
SECTION 2. SOURCE
FUND ACTIVITY ACCOUNT AMOUNT
No. : 87 -- 2285 $32,500
Title:
Housing Fund Balance
Adopted this 15th day of January , 19 86 ,
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPME T�AGENCY
PALM SPRINGS, CAUF�RN�II
Assistant Secretary Cha roman
REVIEWED G APPROVED: 1L yj
RESOLUTION NO. 392
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA
APPROVING A MEMORANDUM OF AGREEMENT WITH
PETER EPSTEEN, LTD. TO FACILITATE RELOCATION
OF HIS AUTO DEALERSHIPS TO THE CITY OF
PALM SPRINGS
WHEREAS, the CommunityRedevelopment Agency has determined that location '
of automobile dealerships in the City of Palm Springs is of significant
benefit to the City because of the sales tax base that such businesses
generate, and
WHEREAS, the Ramon-Bogie Redevelopment Area was established by the Community
Redevelopment Agency and contains property appropriate for use for automobile
dealerships,and
WHEREAS, Peter Epsteen, Ltd. has agreed to locate five dealerships, on
property within the Ramon-Bogie Redevelopment Area.
NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of
the City of Palm Springs that a Memorandum of Agreement with Peter Epsteen,
Ltd. is hereby approved which will facilitate his development of dealerships
on the north east corner of Ramon Road and Gene Autry Trail . That Letter
of Agreement to include the following points:
1. The Community Redevelopment Agency of the City of Palm Springs would
provide , a 50% land writedown to Peter Epsteen, Ltd. for the 8. 3
acre site on the north east corner of Gene Autry Trail and Ramon
Road to be used for development of the Honda, Rolls Royce, Jaguar,
Buick and Pontiac dealerships.
2. The Community Redevelopment Agency of the City of Palm Springs would
provide a 50% writedown when an additional dealership not currently
located within the City elects to locate on the north west corner
of Ramon Road and San Luis Rey.
3. The Community Redevelopment Agency will consider assisting in paving
a 400 foot road to the property and will provide assistance, if
necessary, in an amount not to exceed $112„500 for infrastructure
or site improvements.
4. The sale of the property on the north west; corner of Ramon Road
and San Luis Rey to an additional dealer will be at no greater cost
than $2.40 per square foot for ,the amount of acreage taken by that
dealer.
5. These points shall be used as the basis for the drafting of a
Development and Disposition Agreement with Peter Epsteen, Ltd. which
shall be adopted after completion of all requirements as dictated
by Redevelopment Law in the State of California.
Adopted this 15th day of January, 1986.
AYES: Members Birer, Fo$ter, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
Nssi�stant Secretary Gh'aTman
Reviewed and Approved
RESOLUTION NO. 392
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RESOLUTION NO. 393
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
ADOPTING A STATEMENT OF INDEBTEDNESS
FOR THE CENTRAL BUSINESS DISTRICT REDE-
VELOPMENT PROJECT AREA.
WHEREAS Health & Safety Code 33334.2, as amended, 'requires the adoption
of a Statement of Indebtedness for the Central Business District;
NOW THEREFORE BE IT RESOLVED that the Community Redevelopment Agency of
the City of Palm Springs, California, does hereby adopt the Statement of
Indebtedness, a copy of which is on file in the City Clerk' s office, for
the Central Business District Redevelopment Project Area.
ADOPTED this 5th day of __ ___ February ____- , 1986.
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
—Assistant — - --
� _115sistant Secretary Cha1,r an
REVIEWED FIND APPROVED. --
RESOLUTION NO. 394
01: THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
TO LEASE REAL PROPERTY AT 439 NORTH
' PALM CANYON DRIVE TO REGINA DIPAOLA
DBA VINCENT BEAUTY SALON FOR $2,280
FOR ONE YEAR.
WHEREAS the Community Redevelopment Agency desires to lease property at
439 North Palm Canyon Drive; and
WHEREAS the business at said property has been in operation for many years;
and
WHEREAS the current tenant requests to enter into a lease for the property
at $2,280 for one year;
NOW, THEREFORE, the Community Redevelopment Agency does hereby resolve as
follows:
Section 1. The Executive Director of the Community Redevelopment Agency
of the City of Palm Springs is hereby authorized to enter into
a lease with Regina DiPaola of the premises at 439 North Palm
Canyon Drive.
Section 2. Lease shall be for a term of one year at a 'total rent of $2,280
' for the year.
Section 3. Improvements to remain with store.
Section 4. Insurance to be provided by Lessee, according to City
requirements.
Section 5. Lessee acknowledges that he may be subject to taxation of the
possessory interest herein leased and agrees to pay any such
tax when due.
ADOPTED this ___19th_ day of _ February , 1986.
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALyFORN1A
By
Assistant SecretaryChairjn3p'
REVIEWED AND APPROVED B�
RESOLUTION NO. 395
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF 1HL CITY OF PALM SPRINGS, CALIFORNIA,
REPAYING $110,000 IN LOANS TO THE GENERAL '
FUND.
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 Community Redevelopment Agency now requests to repay a portion
of these loans in order to reduce the amount of its indebtedness in the
Tahquitz-Andreas Project Area;
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs, California, as follows:
Section 1. Directs $110,000 in repayment of loans from the Community Reclevel-
opment Agency to the General Fund.
Section 2. That proceeds of the repayment are to be used to repay a portion
of the principle of the loan from the General Fund, approved
by Resolution No. 15363 on . December 5, 1984, thereby reducing
the remaining balance to $355,000.
ADOPTED this _19th day of __February 1986. '
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By
C —
sistant Secretary lM 9rman
REVIEWED AND APPROVED— Ce-''
RESOLUTION NO. 396
OF THE COMMUNITY REDEVELOPMENT AGENCY,
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
ACCEPTING $110,000 FROM THE GENERAL
' FUND TO THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SPRINGS
TO PROVIDE FUNDING FOR STREET IMPROVE-
MENTS IN THE OASIS REDEVELOPMENT PROJECT
AREA.
WHEREAS the Community Redevelopment Agency of the City of Palm Springs has
and will incur expenses relative to street improvements in the Oasis Redevel-
opment Project Area; and
WHEREAS $110,000 has been requested by the Community Redevelopment Agency
for costs relative to the reconstruction of Cahuilla and Arenas roads in
the Oasis Redevelopment Project Area;
NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of
the City of Palm Springs as follows:
Section 1. Accepts a $110,000 loan from the General Fund to the Community
Redevelopment Agency of the City of Palm Springs at nine percent
(9Y) interest. The allocation shall be a loan to the Agency
and shall constitute an indebtedness of the Agency, within the
meaning of Article 6, Chapter 6, of the California Redevelopment
Law, and repayable when tax increment from the Oasis Redevelopment
Project warrants.
Section 2. That proceeds of the loan be utilized to provide the Agency
with sufficient cash for the reconstruction of Cahuilla and
Arenas roads in the Oasis Redevelopment Project Area.
ADOPTED this 19th day of February , 1986.
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By
'-A-s'sistant Secretary Chairma s
REVIEWED AND APPROVED '(
RESOLUTION NO. 397
OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS, CALIFORNIA, AMENDING
THE BUDGET FOR THE 1985-86 FISCAL YEAR.
WHEREAS Resolution 346 , approving the budget for the fiscal year 1985-86
was adopted on June 19, 1985; 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 346 adopting the budget for the 1985-86
fiscal year is hereby amended as follows:
SECTION 1 . ADDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
No. : 89 180 4503 $40,000
Central Bus.Dist. Arenas Street
Title: CRA Reconstruction
184 - Oasis 4503 - Arenas/ $110,000
Cahuilla Street
Purpose: To provide funding for reconstruction of those portions of Arenas
and Cahuilla roads in the Oasis and CBD redevelopment areas.
SECTION 2. SOURCE
FUND ACTIVITY ACCOUNT AMOUNT
No. : 89 - CRA 2285-Unappropriated $40,000
Fund Balance
Title: ll- General 2285-Unappropriated $110,000
Fund Balance
Adopted this 19th day of February _, 19 86 .
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMEN,T__. GENCY
PALM SPRINGS, CAl.1-F- �—
ss�t Secretary C ai man
REVIEWED b APPROVED: KEV
RESOLUTION NO. 398
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE CONTRACT WITH HNTB FOR
ARCHITECTURAL SERVICES FOR THE DESIGN
OF THE CONVENTION CENTER IN THE AMOUNT
OF $650,000.
WHEREAS the City and the Agency have entered into a Development Agreement
as of December 31, 1984; and
WHEREAS the Agreement requires that the City and Agency maintain the right
to review and approve all contracts for design and construction; and
WHEREAS the Master Development Team has recommended that we formalize an
agreement with HNTB as a replacement for Hope Consulting Group as project
architects;and
WHEREAS staff has had an oportunity to review and conform the proposed
contract with the similar contract for the Headquarters Hotel ;
NOW THEREFORE, the Community Redevelopment Agency does hereby approve the
contract with HNTB for Architectural Services for the design of the
Convention Center in the amount of $650,000.
Adopted this 19th day of Februa� , 1986.
' AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
� 1
Z- L�
�ess1st—an t Secretary Chairman
Review & Approved: n a
RESOLUTION NO. 399
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE PROPOSED ACQUISITION AND
SALE OF LAND FOR AN AUTO CENTER.
WHEREAS an auto sales center would provide significant revenues to the
City of Palm Springs and would therefore be of benefit to the City; and
WHEREAS such a project is proposed on a site on the northeast corner of
Ramon Road and Gene Autry Trail known as Parcel Map #18787 ; and
WHEREAS Agency assistance is needed to complete the development of an auto
center on that site as no other source of funds is available to complete
such a project;
NOW, THEREFORE, BE IT RESOLVED that the Community Redevelopment Agency
purchase up to 40 acres of the property on the northeast corner of Ramon
Road and Gene Autry Trail known as Parcel Map #18787for the purpose of sale
to others for development of an auto sales center.
ADOPTED this llth __day of March ,1986.
AYES: Members Birer, Smith and Chairman Bogert
NOES: None '
ABSENT: None
ABSTAIN: Members Foster and Maryanov
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
-ilssistant Secretary C[fai rman
REVIEWED AND APPROVED:
RESOLUTION NO. 400
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF TI4E CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE DEDICATION OF TAX INCREMENT
FOR DEVELOPMENT OF AN AUTO CENTER.
WHEREAS an auto sales center would provide significant revenues to the
City of Palm Springs and would therefore be of benefit to the City; and
WHEREAS such a project is proposed on a site on the northeast corner of
Ramon Road and Gene Autry Trail known as Parcel Map #18787 ; and
WHEREAS Agency assistance is needed to reduce land costs and assist in
site improvements to complete the development of an auto center on that
site; and
WHEREAS Redevelopment Law allows agencies to use property tax increment
to assist developments in redevelopment areas; and
WHEREAS no other source of funds is available to provide such assistance;
NOW, THEREFORE, BE IT RESOLVED that the Community Redevelopment Agency
of the City of Palm Springs approves the dedication of property tax increment
of up to $1,627,500.00 for the development of an auto sales center on the
' northeast corner of Ramon Road and Gene Autry Trail in the Ramon-Bogie
Redevelopment Project Area.
ADOPTED this IIth day of March J986.
AYES: Members Birer, Smith and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Members Foster and Maryanov
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By
Assistant Secretary Chairman
REVIEWED AND APPROVED:, �'D ��
RESOLUTION NO. 401
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS APPROVING
A LOAN AGREEMENT WITH THE CITY OF PALM
SPRINGS OF THE CIT`( OF PALM SPRINGS FOR
THE AUTO SALES CENTER
WHEREAS the City Council and Community Redevelopment Agency have determined
that an Auto Sales Center in the Ramon-Bogie Redevelopment Area would
significantly benefit the City of Palm Springs; and
WHEREAS the Agency' s assistance is needed to reduce the cost of developing
such a project; and
WHEREAS the Agency proposes to provide that assistance up to $1,627,500;
and
WHEREAS a source of funds is needed to initially Fund the Agency' s
assistance; and
WHEREAS the City has a source of funds for those dollars ;
NOW, THEREFORE BE IT RESOLVED that the Community Redevelopment Agency of
the City of Palm Springs approves a loan agreement with the City of Palm
Springs containing the following conditions:
1) The City shall lend the Agency $1,627,500 to be used for
development of an Auto Sales Center in the Ramon-Bogie ,
Redevelopment Area.
2) The Source of funds for the loan shall be the City' s Sewer
Fund. The Sewer Fund shall be repaid in full .
3) The Agency shall use property tax increment as a source
of repayment of the loan from the Sewer Fund.
4) The City Council intends to utilize new sales tax revenue
generated by the Auto Sales Center as one source to repay
the loan from the Sevier Fund.
ADOPTED THIS __ _ _ 11th_ _____day of March 1986.
AYES: Members Birer, Smith and Chairman Bogert
NOES: None
ABSTAIN: None
ABSENT: Members Foster and Maryanov
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
OF THE
CITY OF PALM SPRINGS, CCAALIFORNIA
By
Assistant Secretary Chairman /
REVIEWED AND APPROVED:-iM rslir
RESOLUTION NO. 402
OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS, CALIFORNIA, AMENDING
THE BUDGET FOR THE 1985-86 FISCAL YEAR.
WHEREAS• Resolution 346 , approving the budget for the fiscal year
was adopted on June 19,1989 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 346 adopting the budget for the
fiscal year is hereby amended as follows:
SECTION 1 . ADDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
No. : 89 183 4501 $1,627,500
Title: CRA Ramon/Bogie Auto Sales Center
Redevelopment
Purpose: Loan for auto center development at 8% interest accruing June 30th annual
SECTION 2. SOURCE
FUND ACTIVITY ACCOUNT AMOUNT
No. : 61 1144 $1,627,500
Title: Wastewater Advance to CRA
Fund
Adopted this llth day of March , 1986
' AYES: Members Birer, Smith and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Members Foster and Maryanov
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
PALM SPRINGS, CALIFORNJA
'—Assistant Secretary Chairman
REVIEWED 6 APPROVED:
RESOLUTION NO. 403
OF THE COMMUNITY REDEVELOPMENT AGENCY '
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE FORM OF A DISPOSITION
AND DEVELOPMENT AGREEMENT WITH PETER
EPSTEEN, LTD. FOR DEVELOPMENT OF AN
AUTO SALES CENTER.
WHEREAS the City Council and the Redevelopment Agency have found that an
auto sales center would be of significant benefit to the City; and
WHEREAS the Agency proposes to enter into a Disposition and Development
Agreement to facilitate that development through the use of certain tax
increments ; and
WHEREAS no other source of funds is available to provide the assistance
needed to bring the project to fruition ; and
WHEREAS the Agency and Council have satisfied Public Hearing requirements
relative to use of Tax Increment and proposed Acquisition and sale of land ;
and
WHEREAS a Disposition and Development Agreement has been drafted between
the Agency and Peter Epsteen, Ltd. in accordance with the terms discussed
during the Public Hearing held on February 5, 1986;
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs approving the form of the Disposition & Development
Agreement between the Community Redevelopment Agency and Peter Epsteen,
Ltd. and authorizing the Executive Director to sign all documents related
thereto.
ADOPTED this llth day of March 1986.
AYES: Members Birer, Smith and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Members Foster and Maryanov
ATTEST : COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By
Assistant Secretary
REVIEWED AND APPROVED: L Char—an ,
RLSOLU1I0N N0. 404
OF (HE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS , CALIFORNIA,
APPROVING THE FORM OF A DISPOSITION
AND DEVELOPMENT AGREEMENT WITH BOB
FRINK MANAGEMENT COMPANY FOR DEVELOPMENT
OF AN AUTO SALES CENTER.
WHIP1A the City Council and the Redevelopment Agency have found that an
,il � I� ientor would be of significant benefit to the City; and
r,r, Agency proposes to enter into a Disposition and Development
iui,f to For iIitatr that development through the use of certain tax
n �mn1n , and
wNrl n oInei our(:,e of funds rs available to provide the assistance
I�rinq thr project to fruition : and
Wllt_4'1A thr Agency and LounciI have satisfied Public Hearing requirements
l , t , v I,� use of lax increment and proposed Acquisition and sale of land;
nr
wlllRkA' ,i Uispusition and Development Agreement has been drafted between
rhr y and Bob Frink Management Company in accordance with the terms
114. >>, nd Jo ring the Public hearing held on February 5, 1986;
N(AW IHLRLFuRE BE IT RESOLVED by the Community Redevelopment Agency of the
ul IYK Springs approving the form of the Disposition & Development
Ayroment between the Community Redevelopment Agency and Bob Frink Management
l.onpdnv and authorizing the Executive Director to sign all documents related
thrreto.
AU(WI LU Thin 11th day of March 1986.
0I `, Members Birer, Smith and Chairman Bogert
Nul!, None
18"0i : None
ABSTAIN: Members Foster and Maryanov
tiIIL` K COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
int Serretary ChaiYman�/k�
r
'tG _wl Q APP0VED:
RESOLUTION NO. 405
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE CONTRACT WITH THE McDEVITT
AND STREET COMPANY FOR THE CONSTRUCTION
OF THE CONVENTION CENTER.
WHEREAS the City and the Agency have entered into a Development Agreement
as of December 31, 1984; and
WHEREAS the Agreement requires that the City and Agency maintain the right
to review and approve all contracts for design and construction; and
WHEREAS the Master Development Team has recommended that we formalize a
contract with the McDevitt and Street Company
WHEREAS staff has had an opportunity to review the proposed contract with
a similar contract for the Headquarters Hotel ;
NOW THEREFORE, the Community Redevelopment Agency does hereby approve the
contract with McDevitt and Street Company for the construction of the
Convention Center.
Adopted this llth day of March 1986.
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By
/Assistant Secretary ChaI'r,
Reviewed & Approved:______--
RESOLUTION NO. 406
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
CONSENTING TO A JOINT PUBLIC HEARING
WITH RESPECT TO THE REDEVELOPMENT PLAN
FOR THE BARISTO-FARRELL REDEVELOPMENT
PROJECT AND THE DRAFT ENVIRONMENTAL
IMPACT REPORT PREPARED IN CONNECTION
THEREWITH.
WHEREAS, the Redevelopment Agency of the City of Palm Springs (the "Agency")
has initiated proceedings for the adoption of a Redevelopment Plan for the
Baristo-Farrell Redevelopment Project.
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs as follows:
Section 1. The Agency hereby consents to a Joint Public Hearing with the
Palm Springs City Council on the proposed Redevelopment Plan
for the Baristo-Farrell Redevelopment Project and the Draft
Environmental Impact Report prepared in connection therewith
at the following time and place:
Date: April 16, 1986
Time: 7: 30 p.m.
Place: In the Council Chambers
Section 2. The Assistant Secretary of the Agency, in cooperation with the
City Clerk, is authorized and directed to give notice of such
public hearing in the form and manner required by law.
ADOPTED this 19th day of March , 1986.
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
P� None
F,-SENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By
�f
assistant Secretary /Cha'irman
REVIEWED AND APPROVEDr
RESOLUTION NO. 407
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
ADOPTING RULES GOVERNING PARTICIPATION
BY AND EXTENSION OF REASONABLE PREFER-
ENCES TO PROPERTY OWNERS AND TENANTS
IN THE BARISTO-FARRELL REDEVELOPMENT '
PROJECT AND ADOPTING THE STATE RELOCATION
GUIDELINES BY REFERENCE.
WHEREAS, the Redevelopment Agency of the City of Palm Springs (the "Agency") ,
within a reasonable period of time before the approval of a redevelopment
plan in the City of Palm Springs, is required to adopt Rules Governing Partic-
ipation By and Extension of Reasonable Preferences to Property Owners and
Tenants (hereinafter Owner Participation Rules") , pursuant to the California
Community Redevelopment Law, Section 33339.5 of the California Health and
Safety Code; and
WHEREAS, Section 33411 of the Community Redevelopment Law requires that
the Agency prepare a feasible method or plan for relocation of Families
or persons to be temporarily or permanently displaced from within a project
area, irrespective of whether any displacement of residents, businesses
or others is anticipated; and
WHEREAS, the State of California publishes Relocation Guidelines to guide
relocation activities by public agencies in California.
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs as follows:
Section 1. The document on file in the office of the Assistant Secretary
is hereby made the "Rules Governing Participation By and Extension
of Preferences to Property Owners and Tenants in the Baristo-
Farrell Redevelopment Project".
Section 2. The State Relocation Guidelines are herein adopted by reference
as the relocation plan for the Baristo-Farrell Redevelopment
Project.
ADOPTED this 19th day of March 1986.
AYES: Members Birer, Smith and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Members Foster and Maryano
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By T--- -- — „ ,� Chair
s arr —
-sistant Secretary �1
REVIEWED AND APPROVED:
RESOLUTION NO. 408
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AUTHORIZING THE PREPARING OF A MEMORANDUM
OF UNDERSTANDING WITH PALM SPRINGS
PERFORMING ARTS CENTER, INC. AND
CONSIDERATION OF COMMERCIAL AS AN
APPROVED USE.
WHEREAS on May 4 , 1984, the City Council adopted Resolution No. 15037 approv-
ing the raising of funds to acquire and hold land for the development of
a performing arts center; and
WHEREAS there is a need to clarify conditions under which the property will
be acquired and sold to the performing arts center;
NOW THEREFORE, the Community Redevelopment Agency (Agency) does hereby resolve
as follows:
SECTION 1. That commercial uses as a component of the development of a
cultural facility are conditioned on the following:
' a. That the City Council retain the right to review and approve
the scope of the commercial use of the property.
b. That the proposed commercial uses are subject to the written
consent of the master developer pursuant to the Development
Agreement and the Financing Agreements of the Convention
Center District.
SECTION 2. Staff is authorized to explore the various methods that may
be available to acquire the land for the intended use which
include but are not necessarily limited to negotiation,
acquisition and holding the subject property in the name of
the Community Redevelopment Agency or City for a period of five
(5) years from this date to allow private fund raising efforts
to proceed to construct a performing arts theater and it's above
related uses or exercise alternative methods designed to achieve
the intended purpose.
SECTION 3. That performance milestones, as to, sufficient fund raising,
preliminary approval of site plan, architectural rendering,
the formation of the development team, and financial structuring
be included in the Memorandum of Understanding and approved
by the City and/or Agency.
SECTION 4. That the method of determining the total cost of the land for
' the site be specified in the Memorandum of Understanding.
SECTION 5. That the City/Agency explore tax-exempt and other methods of
financing that may be applicable to the site development.
SECTION 6. That the City provide expeditious review and processing of the
proposed development.
RESOLUTION NO. 408
SECTION 7. Pursuant to the above stated Sections staff is authorized to
prepare a Memorandum of Understanding with the Palm Springs
Performing Arts Center delineating the conditions under which
the 5.7 acres fee site, adjacent to the headquarters hotel and
convention center, would be conveyed for approval by the Agency
and City Council .
ADOPTED this 19th day of ______-March 1986.
AYES: Members Birer, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Member Foster
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By. =— - -- — _.
Assistant Secretary Chafgin
- an
REVIEWED AND APPROVED �� •_________—__ __/ — ---
RESOLUTION NO. 409
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE COOPERATIVE AGREEMENT
WITH THE COACHELLA VALLEY MOSQUITO
ABATEMENT DISTRICT REGARDING THE DISPOSI-
TION OF TAX INCREMENT REVENUE FROM
THE BARISTO-FARRELL REDEVELOPMENT PROJECT
AREA. (AREA #8)
WHEREAS the Agency proposes to undertake certain redevelopment activities
in the Baristo-Farrell Redevelopment Project Area 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 Baristo-Farrell Redevel-
opment Project Area 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 Baristo-Farrell Redevelop-
ment Project Area:
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 Coachella Valley Mosquito Abatement District
(hereinafter referred to as District) for the allocation of
Lax increment from the Baristo-Farrell Redevelopment Project
Area, incorporating the terms set forth below.
Section 2. Allocation of Tax Revenues. From the total tax increment revenues
generated from the Baristo-Farrell Redevelopment Project Area
each year the District shall receive a percentage of the District
Tax Revenues in the amounts specified as follows:
a. One hundred percent ( 100%) of the District Tax Revenue
less the twenty percent (20%) state-required housing
setaside.
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 Baristo-Farrell Redevelopment Project Area
of the Redevelopment Plan commencing with the Base Year.
Section 4 . Commencement of Payment. The obligation of the Agency that
the District shall receive payments under this Agreement shall
commence in the first fiscal year in which tax revenues are
allocated to the Agency.
Resolution No. 409
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 2nd - day of — April 1986.
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
Assistant Secretary Chairma
REVIEWED AND APPROVED _ • _ ___
RESOLUTION NO. 410
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 BARISTO-FARRELL REDEVELOPMENT
PROJECT AREA. (AREA #8)
WHEREAS the Agency proposes to undertake certain redevelopment activities
in the Baristo-Farrell Redevelopment Project Area 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 Baristo-Farrell Redevel-
opment Project Area 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 Baristo-Farrell Redevelopment Project
Area:
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 DWA for the allocation of tax increment from
the Baristo-Farrell Redevelopment Project Area, incorporating
the terms set forth below.
Section 2. Allocation of Tax Revenues. From the total tax increment revenues
generated from the Baristo-Farrell Redevelopment Project Area
each year the DWA shall receive a percentage of the DWA tax
revenues which is levied in exess of one percent general tax
rate.
Section 3. Allocation of Tax Revenues from Project Areas. The parties
' agree--that allocation of tax revenues under this Agreement
shall apply to the Baristo-Farrell Redevelopment Project Area
of the Redevelopment 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. 410
Section 5. Allocation of Financial Burden. The parties agree that the
amount received by the DWA pursuant to this, Agreement is appropri-
ate to alleviate any financial burden or detriment caused to
the DWA by the implementation of the Redevelopment Plan.
ADOPTED this _--pnd day of 1986.
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By
assistant Secretary Chairnn
t.
REVIEWED AND APPROVED_ y _
RESOLUTION NO. 411
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
t APPROVING USE AGREEMENT WITH VINEYARD
LTD. PARTNERSHIP FOR PORTION OF VINEYARD
PARKING LOT.
BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm
Springs, California, that a Use Agreement with Vineyard Ltd. Partnership
for a portion of the Vineyard Parking Lot is hereby approved.
ADOPTED this 2nd day of April , 1986.
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, C9JIFORNIA
3 �\
Assistant S6cretary ' Chairrffafn
' REVIEWED AND APPROVED _K�' .
RESOLUTION NO. 412
OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS, CALIFORNIA, AMENDING
THE BUDGET FOR THE 1985-86 FISCAL YEAR.
WHEREAS Resolution 346, approving the budget for the fiscal year 1985-86
was- adopted on June 19, 1985: 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 346 adopting the budget for the 1985-86
fiscal year is hereby amended as follows:
SECTION 1 . AUDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
No. : 89 181
4402 $25,000
Title:
Redevelopment Tahquitz-Andreas Convention Center
Purpose: To pay for legal and appraisal services related to Foster leasehold
condemnation for balance of fiscal year 1985-86.
SECTION 2. SOURCE
FUND ACTIVITY ACCOUNT AMOUNT
No. : 89 181 22e5 $25,000
Title:
Redevelopment Tahquitz-Andreas Fund Balance
Adopted this 2nd day of _April__, 19_86.
AYES: Members Birer, Foster, Maryanov, Smith and Chairman Bogert
NOES: None
ABSENT: None
AMU: WKY
PAP §PLAIN§§s M�F��l=!�'', --
Assistant Secretary -- ,II -_ -- --
. Fri�ir,�i�n
RESOLUTION NO. 413
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING A LOAN AGREEMENT WITH THE
CITY OF PALM SPRINGS FOR THE AUTO SALES
CENTER.
WHEREAS THE City Council and Community Redevelopment Agency have determined
that an Auto Sales Center in the Ramon-Bogie Redevelopment Area would signifi-
cantly benefit the City of Palm Springs; and
WHEREAS the Agency' s assistance is needed to reduce the cost of developing
such a project; and
WHEREAS a source of funds is needed to initially fund the Agency's assistance;
and
WHEREAS the City has a source of funds for those dollars;
NOW THEREFORE BE IT RESOLVED that the Community Redevelopment Agency of
the City of Palm Springs approves a loan agreement with the City of Palm
Springs containing the following conditions:
1. The City shall lend the Agency $596,650 to be used for develop-
ment of an Auto Sales Center in the Ramon-Bogie Redevelopment
Area.
' 2. The source of funds for the loan shall be the City's Sewer
Fund. The Sewer Fund shall be repaid in full .
3. The Agency shall use property tax increment as a source of
repayment of the loan from the Sewer Fund.
4. The City Council intends to utilize new sales tax revenue
generated by the Auto Sales Center as one source to repay
the loan from the Sewer Fund.
ADOPTED this 8th day of _ April 1986.
AYES: Members Birer, Smith and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Members Foster and Maryanov
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALLEQRNIA
B
Ass9stant Secretary Cbai rm an
REVIEWED AND APPROVED: . L
RESOLUTION NO. 414
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE DEDICATION OF TAX INCREMENT
FOR DEVELOPMENT OF AN AUTO CENTER.
WHEREAS an auto sales center would provide significant revenues to the City
of Palm Springs and would therefore be of benefit to the City; and
WHEREAS such a project is proposed on a site on the northeast corner of
Ramon Road and Gene Autry Trail known as Tract No. 18787; and
WHEREAS Agency assistance is needed to reduce land costs and assist in site
improvements to complete the development of an auto center on that site;
and
WHEREAS Redevelopment Law allows agencies to use property tax increment
to assist developments in redevelopment areas; and
WHEREAS no other source of funds is available to provide such assistance;
NOW THEREFORE BE IT RESOLVED that the Community Redevelopment Agency of
the City of Palm Springs approves the ,dedication of property tax increment
of up to $2,224,200 for the development of an auto sales center on the north-
east corner of Ramon Road and Gene Autry Trail in the Ramon-Bogie
Redevelopment Project Area.
ADOPTED this 8th day of April 1986.
AYES: Members Birer, Smith and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Chairman Foster and Maryanov
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CA�IFORNIA
By_ -
-
sistant Secretary Ch�irman
As
REVIEWED AND APPROVED: --
RESOLUTION NO. 415
OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS, CALIFORNIA, AMENDING
THE BUDGET FOR 111E 1985-86 FISCAL YEAR.
WHEREAS Resolution 346, approving the budget for the fiscal year 1985-86
was adopted on June 19, 1985; and
WHEREAS the Executive Director has reconmiended,' 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 346 adopting the budget for the 1985-86
fiscal year is hereby amended as follows:
SECTION 1. ADDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
' No. : 89 183 4501 $593,650
Title: CRA Ramon-Bogie Auto Sales Center
Redevelopment
Purpose: Loan for auto center development at 8% interest accruing
June 30th annually.
SECTION 2. SOURCE
FUND ACTIVITY ACCOUNT AMOUNT
No. : 61 1144 $593,650
Title:Wastewater Advance to CRA
Fund
Adopted this 8th day of April , 19 86 .
AYES: Members Birer, Smith and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Members Foster and Maryanov
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
PALM SPRINGS, CALIF 0 IA r
_ r
'Assistant Secretary Chai an
REVIEWED 6 APPROVED, KV� 'lad
RESOLUTION NO. 416
OF THE COMMUNITY REDEVELOPMENT AGENNCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING ITS REPORT ON THE REDEVELOPMENT
PLAN FOR THE BARISTO-FARRELL REDEVELOP-
MENT PROJECT AND TRANSMITTING THE REPORT
AND THE REDEVELOPMENT PLAN TO THE CITY
COUNCIL OF THE CITY OF PALM SPRINGS.
WHEREAS, the Community Redevelopment Agency of the City of Palm Springs
(the "Agency") has prepared the Redevelopment Plan for the Baristo-Farrell
Redevelopment Project (the "Redevelopment Plan") in compliance with the
California Community Redevelopment Law (Health and Safety Code, Sections
33000, et sec . ) ; and
WHEREAS, Section 33352 of the California Community Redevelopment Law states
that every redevelopment plan submitted by a redevelopment agency to the
legislative body shall be accompanied by a report on the plan;
NOW THERFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs as follows:
Section 1. The Agency approves and adopts its report on the Redevelopment
Plan for the Baristo-Farrell Redevelopment Project, a copy of
which is on File in the office of the Assistant Secretary of
the Agency.
Section 2. The Executive Director of the Agency is hereby authorized and
directed to transmit the report and the Redevelopment Plan to
the City Council of the City of Palm Springs.
Section 3. The Assistant Secretary shall certify to the passage and adoption
of this resolution, and it shall thereupon take effect and be
in force.
ADOPTED this 16th day cf April 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CA F-QRNIA
T �
�.Atsistant Secretary -C11-,man
REVIEWED & APPROVED: ��
RESOLUTION NO. 417
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
CERTIFYING AS TO ITS REVIEW OF THE
FINAL ENVIRONMENTAL IMPACT REPORT WITH
RESPECT TO THE ADOPTION OF THE REDEVELOP-
MENT PLAN FOR THE BARISTO-FARRELL
REDEVELOPMENT PROJECT AND MAKING CERTAIN
FINDINGS.
WHEREAS, the Planning Commission of the City of Palm Springs has reviewed
and considered the Draft Environmental Impact Report prepared on the Redevel-
opment Plan for the Baristo-Farrell Redevelopment Project; and
WHEREAS, the Community Redevelopment Agency has reviewed and considered
the Final Environmental Impact Report ("Environmental Impact Report") with
respect to the adoption of the Redevelopment Plan for the Baristo-Farrell
Redevelopment Project ( the "Project") ; and
WHEREAS, pursuant to notice duly given, the Agency and City Council of the
City of Palm Springs have held a full and fair public hearing on the proposed
Redevelopment Plan and Final Environmental Impact Report;
NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of
' the City of Palm Springs as follows:
Section 1. A full and fair public hearing having been held on the Draft
Environmental Impact Report prepared with respect to the Redevel-
opment Plan for the Baristo-Farrell Redevelopment Project and
the Agency having considered all comments received thereon,
which comments and responses thereto are contained in the Final
Environmental Impact Report and the said Final Environmental
Impact Report is hereby approved and adopted as the Final
Environmental Impact Report for the adoption of the Redevelopment
Plan for the Baristo-Farrell Redevelopment Project.
Section 2. The Agency hereby certifies that the Final Environmental Impact
Report for the adoption of the Redevelopment Plan as determined
herein has been completed in compliance with the California
Environmental Quality Act of 1970 and the state and local environ-
mental guidelines and regulations, and that it has reviewed
and considered the Final Environmental Impact Report and the
information contained therein in connection with the adoption
of the proposed Redevelopment Plan.
Section 3. The Agency hereby finds with respect to the adverse environmental
impacts detailed in the Final Environmental Impact Report:
' (a) That the adverse environmental impacts associated with
the adoption of the Redevelopment Plan have been considered
and recognized by the Agency.
(b) That comments and responses made during the public hearing
of the Agency and City Council have been considered and
recognized by the Agency and will be incorporated into
the Final Environmental Impact Report.
RESOLUTION NO. 417
(c) That based on the information set forth in the Final Environ-
mental Impact Report, the Agency finds and determines that
measures to mitigate certain impacts related to geology
and soils, air quality, drainage, vegitation and wildlife,
noise, light and glare, land use, population and housing,
public services, energy, utilities and cultural resources
exist and are included, in the Final Environmental Impact
Report.
(d) That as to certain adverse impacts associated with air
quality, traffic and circulation and water consumption,
the Agency finds and determines that specific economic,
social and other considerations as documented in the Survey
Area Report and the Preliminary Report for the Baristo-
Farrell Redevelopment Project, make infeasible the project
alternatives identified in the Final Environmental Impact
Report (Draft Environmental Impact Report Section 7.0) .
Section 4. The Agency hereby finds and determines that all potential impacts
on the environment cannot be entirely or feasibly eliminated.
The Agency hereby finds that the beneficial economic and social
effects of the Project override such potential adverse impacts.
Section 5. The Agency hereby finds and determines that measures have been
incorporated into the Redevelopment Plan which will mitigate
or avoid any significant environmental effects thereof that
can feasibly be mitigated or avoided.
Section 6. The Executive Director of the Redevelopment Agency, in cooperation
with the City Clerk of the City of Palm Springs, is hereby
authorized and directed to file with the County Clerk of the ,
County of Riverside, a Notice of Determination, pursuant to
14 California Administrative Code Section 15085(h) .
Section 7. This resolution shall take effect immediately upon its adoption.
ADOPTED this 16th day of __aril 1986
AYES: Members Apfelbaum,Birer, Smith and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Member Foster
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS,,01t FORNIA
Y -_— -- —
�-'Assistant Secretary ` Clrnrman
L�
REVIEWED AND APPROVED:_ �� .
RESOLUTION NO. 418
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
FINDING THAT THE PROVISION OF LOW AND
MODERATE INCOME HOUSING OUTSIDE THE
BARISTO-FARRELL REDEVELOPMENT PROJECT
WILL BE OF BENEFIT TO THE BARISTO-FARRELL
REDEVELOPMENT PROJECT.
WHEREAS, the Community Redevelopment Agency of the City of Palm Springs
( the "Agency") has undertaken the formation of the Baristo-Farrell Redevelop-
ment Project; and
WHEREAS, in accordance with Section 33334.2(a) of Community Redevelopment
Law, not less than twenty percent (20%) of all taxes which are allocated
to the Agency shall be used for the purposes of increasing and improving
the community' s supply of low and moderate income housing; and
WHEREAS, Section 33334.2(g) of Community Redevelopment Law provides that
the Agency may use such funds outside the Project Area upon adoption of
a resolution by the Agency and by the legislative body finding that the
provision of low and moderate income housing outside the Project Area is
of benefit to the Project.
NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of
the City of Palm Springs as follows:
' Section 1. Pursuant to Section 33334.2(g) of Community Redevelopment Law,
the Agency hereby finds that the provision of low and moderate
income housing outside the Baristo-Farrell Redevelopment Project
will be of benefit to the Project.
ADOPTED this 16th day of April 1986.
AYES: Members Apfelbaum, Birer, Smith and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Member Foster
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
Assistant Secretary Chai"r an
REVIEWED AND APPROVED: 24
__
RESOLUTION NO. 419
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AUTHORIZING THE REIMBURSEMENT OF AN
AMOUNT NOT TO EXCEED '$225,500 TO THE
EDWARD J. DEBARTOLO CORPORATION FOR
THE INSTALLATION OF CERTAIN WALL
IMPROVEMENTS.
WHEREAS the Community Redevelopment Agency through the Participation Agreement
for the Desert Fashion Plaza Expansion has previously agreed to provide
certain offsite improvements; and
WHEREAS the Edward J. DeBartolo Corporation has agreed to construct these
public improvements; and
WHEREAS construction of said facilities by the Edward J. DeBartolo Corporation
has allowed for them to better coordinate work occurring on the project
site;
NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs
does hereby resolve to authorize the reimbursement to the Edward J. DeBartolo
Corporation of an amount not to exceed $225,500.00 for the installation
of the following improvements:
1. Clean-up of Belardo Road after completion of underground utility installa-
tion ($3,663.74) .
2. Electric utility relocation in Andreas Road utility corridor ($81,265.09) . '
3. Water and Fire safety line relocation in utility corridor ($46,166.84) .
4. Drainage line relocation in utility corridor ($19,200.00) .
5. Temporary telephone lines ($4,180.00) .
6. Traffic signal vault relocation ($1,596.00) .
7. Traffic signal conduit for future signal relocation ($8,756.00) .
8. Reroute domestic water line in Belardo Road to avoid conflict with other
utilities ($7,511.44) .
9. New curb and gutter along Palm Canyon Drive ($53,118.00) .
ADOPTED this _ 16th _ day of ---April , 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
BY •. i _____ ,I ��.. ;� 1. _
Assistant Secretary " ChairmaA
REVIEWED AND APPROVED_�o�C
RESOLUTION NO. 420
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
' APPROVING THE COOPERATIVE AGREEMENT
WITH THE RIVERSIDE COUNTY SUPERINTENDENT
OF SCHOOLS REGARDING THE DISPOSITION
OF TAX INCREMENT REVENUE FROM THE
BARISTO-FARRELL REDEVELOPMENT PROJECT
AREA. (AREA #8)
WHEREAS the Agency proposes to undertake certain redevelopment activities
in the Project Area 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 Project Area and to
alleviate any financial burden or detriment caused to the Superintendent
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 Superintendent
by the redevelopment activities by providing that the Superintendent shall
receive a portion of the tax revenues generated within the Project Area:
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs as follows:
Section 1. Approve Agreement. Agency Chairman approves agreement with
the Riverside County Superintendent of Schools for the allocation
of tax increment from the Baristo-Farrell Redevelopment Project
Area, incorporating the terms set forth below.
Section 2. Allocation of Tax Revenues. From the total tax increment revenues
generated from the Baristo-Farrell Redevelopment Project Area
each year the Superintendent shall receive a percentage of the
Superintendent' s Tax Revenues in the amounts specified as follows:
a. Fifty percent (50%) of the Superintendent' s Tax Revenue
less the twenty percent (20%) state-required housing
setaside.
' b. One hundred percent ( 100%) of the Superintendent' 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 Baristo-Farrell Redevelopment Project Area
of the Redevelopment Plan commencing with the Base Year.
Section 4. Commencement of Payment. The obligation of the Agency that
the Superintendent shall receive payments under this Agreement
shall commence in the first fiscal year in which tax revenues
are allocated to the Agency.
RESOLUTION NO. 420
Section 5. Allocation of Financial Burden. The parties agree that the
amount received by the Superintendent pursuant to this Agreement
is appropriate to alleviate any financial burden or detriment
caused to the Superintendent by the implementation of the Redevel-
opment Plan.
ADOPTED this __ 16th day of April 1986.
AYES: Members Apfelbaum, Birer, Smith and Chairman Bogert '
NOES: None
ABSENT: None
ABSTAIN: Member Foster
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRING'S, CALIFORNIAI
B �i-
As'sistant Secretary Chairma�S
REVIEWED AND APPROVED__
RESOLUTION NO. 421
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE COOPERATIVE AGREEMENT
WITH THE COUNTY OF RIVERSIDE REGARDING
THE DISPOSITION OF TAX INCREMENT REVENUE
FROM THE BARISTO-FARRELL REDEVELOPMENT
PROJECT AREA. (AREA #8)
WHEREAS the Agency proposes to undertake certain redevelopment activities
in the Baristo-Farrell Redevelopment Project Area 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 Baristo-Farrell Redevel-
opment Project Area 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 Baristo-Farrell Redevelopment Project
Area:
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
Baristo-Farrell Redevelopment Project Area, incorporating the
terms set forth below.
Section 2. Allocation of Tax Revenues. From the total tax increment revenues
generated from the Baristo-Farrell Redevelopment Project Area
each year the County shall receive a percentage of the County
Tax Revenues in the amounts specified as follows:
a. Fifty percent (50%) of the County Tax Revenue for the
first two million dollars of annual Total Tax Increment.
b. One hundred percent ( 100%) of the County Tax Revenue
' for any amount over two million dollars of annual Total
Tax Increment.
c. Thirty percent (30%) of the revenue provided to the
County by Section 2a. above shall be placed in a Capital
Improvements Fund for future County facilities of benefit
to Project.
Section 3. Allocation of Tax Revenues from Project Areas. The parties
agree that the allocation of tax revenues under this Agreement
Hesoiution IVo. 4L1
shall apply to the Baristo-Farrell Redevelopment Project Area
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 16th day of April , 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CA FORNIA
By
Assistant Secretary ChairQr
�J
REVIEWED AND APPROVED e— nf_
1
1
RESOLUTION NO. 422
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
ACCEPTING A LOAN IN THE AMOUNT OF $85,000
FROM THE GENERAL FUND OF THE CITY OF
' PALM SPRINGS TO PROVIDE ADDITIONAL
FUNDING FOR PURCHASE OF PRAIRIE SCHOONER
PROPERTY.
WHEREAS the Community Redevelopment Agency of the City of Palm Springs has
and will incur expenses relative to the cultural center development in the
Tahquitz-Andreas Redevelopment Project; and
WHEREAS $85,000 has been requested by the Community Redevelopment Agency
for overage acquisition expenditures for the cultural center;
NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs
does hereby resolve:
Section 1. Accepts a $85,000 loan from the General Fund to the Community
Redevelopment Agency of the City of Palm Springs at an interest
rate of eight percent (8%) . 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
of Article 6, Chapter 6, of the California Redevelopment Law.
Section 2. That proceeds of the loan be utilized to provide the Agency
with sufficient cash to fund overage acquisition expenditures
for the cultural center.
Section 3. The property shall be held until such time as sufficient funds
are raised, by private parties, for its purchase for the
development of a performing arts center but in no event shall
the property be held for that use for longer than five years
from this date unless extended by the City Council .
ADOPTED this ___ 16th day of _ _April , 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CAL ORNIA
BY
\ y f jam ,
- Assistant Secretary Chairma.n'-
REVIEWED AND APPROVED:
1
RESOLUTION NO. 423
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AUTHORIZING THE ACQUISITION OF CERTAIN
REAL PROPERTY KNOWN AS THE PRAIRIE
SCHOONER MOBILE HOME PARK IN SECTION
14 IN THE TAHQUITZ-ANDREAS REDEVELOPMENT
PROJECT.
WHEREAS the City Council has designated itself as a Community Redevelopment
Agency and taken the necessary action in accordance with State Law to initiate
a redevelopment program in the Tahquitz-Andreas Project. Area; and
WHEREAS the Community Redevelopment Agency, by Resolution No. 271 has
authorized staff to begin acquisition of certain properties in Section 14;
and
WHEREAS the Redevelopment Agency of the City of Palm Springs has determined
to acquire real property within the Tahquitz-Andreas Project Area, known
as Blocks 7, 8, and 111 in Section 14, for the purpose of the development
of a performing arts center in conformance with and implementation of the
Redevelopment Plan;
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 Blocks 7, 8, and 111 in Section 14 from the property
owner in accordance with all ,applicable laws.
Section 2. The offer shall be for One Million Eight Hundred and Seventy-Five
Thousand Dollars ($1,875,000) .
Section 3. The property shall be held until such time as sufficient funds
are raised, by private parties, for its purchase for the
development of a performing arts center but in no event shall
the property be held for that use for longer than five years
from this date unless extended by the City Council .
Section 4. The Executive Director shall accept the deed on behalf of the
Community Redevelopment Agency.
Section 5. The City Clerk shall record the deed with the County Recorder.
ADOPTED this _16th day of ____April , 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALLE9RNIA
By
Assistant Secretary Cha1/hman
REVIEWED AND APPROVED: �C __
RESOLUTION NO. 424
OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS, CALIFORNIA, AMENDING
THE BUDGET FOR 111E 1985-86 FISCAL YEAR.
WHEREAS Resolution 346, approving the budget for the fiscal year 1985-86
was adopted on June 19, 1985: 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 346 adopting the budget for the 1985-86
fiscal year is hereby amended as follows:
SECTION 1. ADDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
No. : 89 181 4502 $85,000
Title: CRA Tahquitz-Andreas Convention Center
Purpose: To fund overage acquisition costs on Prairie Schooner property.
SECTION 2. SOURCE
FUND ACTIVITY ACCOUNT AMOUNT
No. : 11 2285 $85,000
Title: General Unappropriated
fund balance
Adopted this 16th day of April , 19 16 ,
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
PALM SPRINGS, CALI FZNIA
_ Assistant Secretary Cha%i' an
(1✓
REVIEWED & APPROVED: IC
RESOLUTION NO. 425
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING A LEASE BETWEEN NORTH PLAZA
ASSOCIATES, AND SAKS AND COMPANY, IN
WHICH SOUTH PLAZA ASSOCIATES AND THE
EDWARD J. DEBARTOLO CORPORATION JOIN
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 (the
"Project") ; and
WHEREAS, in pursuance of the Project, the Agency and North Plaza Associates
and South Plaza Associates (collectively, the "Participant") have entered
into a Participation Agreement dated November 8, 1983, as implemented by
a First Implementation Agreement dated February 28, 1984, and a Second Imple-
mentation Agreement dated April 10, 1984 (collectively, the "Participation
Agreement") pursuant to which the Participant agreed to construct and cause
the construction of an integrated complex (the "Shopping Center") on a portion
of the Project Area, and the Agency agreed to construct or cause the construc-
tion of certain improvements therefor; and
WHEREAS, Section 703 of the Participation Agreement requires the Participant
to enter into a construction, operation and reciprocal easement agreement,
and/or leases providing for such matters, with the major retail department
stores and hotel to be located in the Shopping Center, and to submit such
agreements and/or leases to the Agency for approval as consistent with the
Participation Agreement; and
WHEREAS, North Plaza Associates, a partner in the Participant, has submitted
a lease (the "Saks Lease") with Saks and Company, in which South Plaza
Associates and the Edward J. DeBartolo Corporation join, for Agency approval
and the Agency desires to approve the Saks Lease;
NOW, THEREFORE, the Redevelopment Agency of the City of Palm Springs does
hereby resolve as follows:
SECTION 1. The Agency hereby determines that the Saks Lease, as submitted,
is consistent with the Participation Agreement, and approves
the Saks Lease as in compliance with Section 703 of the Participa-
tion Agreement, substantially in the form attached to this
Resolution, with such minor changes to the Saks Lease, or any
exhibit thereto, as are satisfactory to the Executive Director
and consistent with the Participation Agreement.
SECTION 2. The Executive Director of the Agency is authorized and directed
to execute or approve all necessary documents in connection
with the execution and delivery of the Saks Lease.
ADOPTED this 7th day of May 1986.
AYES: Members Apfelbaum, Birer, Foster and Smith
NOES: None
ABSENT: Chairman Bogert.
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, �A_L,IFORNIA
By
Assistant Secretary Chairma
� pp L
REVIEWED AND APPROVED /�G
RESOLUTION NO. 426
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE COOPERATIVE AGREEMENT
WITH THE RIVERSIDE COUNTY FLOOD CONTROL
' & WATER CONSERVATION DISTRICT REGARDING
THE DISPOSITION OF TAX INCREMENT REVENUE
FROM THE BARISTO-FARRELL REDEVELOPMENT
PROJECT AREA. (AREA 88)
WHEREAS the Agency proposes to undertake certain redevelopment activities
in the Baristo-Farrell Redevelopment Project Area 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 Baristo-Farrell Redevel-
opment Project Area and to alleviate any financial burden or detriment caused
to the Riverside County Flood Control & Water Conservation 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 Baristo-Farrell Redevelop-
ment Project Area:
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 Executive Director to enter
into agreement with the Riverside County Flood Control & Water
Conservation District for the allocation of tax increment from
the Baristo-Farrell Redevelopment Project Area, incorporating
the terms set forth below.
Section 2. Allocation of Tax Revenues. From the total tax increment revenues
generated from the Bari sto-Farrell Redevelopment Project Area
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, 100% 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% set aside 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.
c. Thereafter, through the life of the Plan, 100% of the District
share shall be allocated to District.
RESOLUTION NO. 426
Section 3. Master Drainage 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 7th day of ____May 1986.
AYES: Members Apfelbaum, Birer and Smith
NOES: None
ABSENT: Chairman Bogert
ABSTAIN: Member Foster
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, C�ALIFORNIA
-A-s'si'stant Secretary Chair ma
REVIEWED AND APPROVED_ ,
RESOLUTION NO. 427
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING A MEMORANDUM OF UNDERSTANDING
WITH THE CULTURAL CENTER OF PALM SPRINGS
DBA PALM SPRINGS PERFORMING ARTS CENTER.
WHEREAS on May 4, 1984, the City Council adopted Resolution No. 15037 approv-
ing the raising of funds to acquire and hold land for the development of
a performing arts center; and
WHEREAS on March 19, 1986 the Redevelopment Agency adopted Resolution No.
408 authorizing the preparation of a Memorandum of Understanding with the
Palm Springs Performing Arts Center; and
WHEREAS said Memorandum is ready for consideration;
NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs
does hereby resolve as follows:
Section 1. Authorize the Chairman to sign Memorandum of Understanding with
the Cultural Center of Palm Springs.
Section 2. Instruct Secretary to request the Cultural Center of Palm Springs
to prepare a status report for submission to the Redevelopment
' Agency and City Council by September 2,1987 including the items
listed in Exhibit B of said Memorandum and including the total
funds raised to date for the construction and operation of a
theatre on the site being held for such development.
ADOPTED this 21st day of May 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AG NI
CITY OF PALM SPRINGS, C0 IA
�-A-s'si stant Secretary C ai r
REVIEWED AND APPROVED: ,
RESOLUTION NO. 428
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AUTHORIZING APPROVAL OF OWNER PARTICIPA-
TION AGREEMENT WITH PALM SPRINGS SURGERY
CENTER BUILDING, A CALIFORNIA LIMITED
PARTNERSHIP, IN THE NORTH PALM CANYON
REDEVELOPMENT PROJECT AREA.
WHEREAS the City Council has designated, itself as a Community Redevelopment
Agency and taken the necessary action in 'accordance with State law to initiate
a redevelopment program in the North Palm Canyon Project Area; and
WHEREAS Palm Springs Surgery Center Building, a California Limited
Partnership, hereinafter the Partnership, is the owner of property located
at 1178-1196 North Palm Canyon Drive and 1189-1199 North Indian Avenue;
and
WHEREAS the Redevelopment Agency of the City of Palm Springs has determined
that the rehabilitation and maintenance of property located at 1178-1196
North Palm Canyon Drive and 1189-1199 North Indian Avenue is consistent
with the objectives of the Redevelopment Plan; and
WHEREAS the Partnership has asked to be exempt from the provisions of eminent
domain so long as the property is well maintained, the land use conforms
to the Redevelopment Plan and the Partnership does not practice
discrimination;
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the ,
City of Palm Springs as follows:
Section 1. The property shall be exempt from the provisions of eminent
domain so long as the property is maintained:, and used in accord-
ance with the Owner Participation Agreement.
Section 2. The Chairman and the Secretary shall be authorized to sign the
Agreement on behalf of the Community Redevelopment Agency.
Section 3. The City Clerk shall record the Agreement with the County
Recorder.
ADOPTED this 4th day of ,_June _, 1986.
AYES: Members Birer, Foster and Smith
NOES: None
ABSENT: Chairman Bogert
ABSTAIN: Member Apfelbaum
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CAL-IIRNIA
By_ �2
`Assistant Secretary
— [ hai/rw
REVIEWED AND APPROVED I< i-J. ' c '
RESOLUTION NO. 429
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE COOPERATIVE AGREEMENT
WITH THE COACHELLA VALLEY COMMUNITY
COLLEGE DISTRICT REGARDING THE DISPOSI-
TION OF TAX INCREMENT REVENUE FROM
THE BARISTO-FARRELL REDEVELOPMENT PROJECT
AREA. (AREA #8)
WHEREAS the Agency proposes to undertake certain redevelopment activities
in the Baristo-Farrell Redevelopment Project Area 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 Baristo-Farrell Redevel-
opment Project Area 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 Baristo-Farrell Redevelop-
ment Project Area:
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs as follows:
Section 1. Approve Agreement. Agency approves agreement with the Coachella
Valley Community College District for the allocation of tax
increment from the Baristo-Farrell Redevelopment Project Area,
incorporating the terms set forth below.
Section 2. Allocation of Tax Revenues. From the total tax increment revenues
generated from the Baristo-Farrell Redevelopment Project Area
each year the District shall receive a percentage of the District
Tax Revenues in the amounts specified as follows:
a. Fifty percent (50%) of the District Tax Revenue less
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 Baristo-Farrell Redevelopment Project Area
of the Redevelopment Plan commencing with the Base Year.
Section 4. Commencement of Payment. The obligation of the Agency that
the District shall receive payments under this Agreement shall
commence in the first fiscal year in which tax revenues are
allocated to the Agency.
RESOLUTION NO. 429
Section 5. Allocation of Financial Burden. The parties agree that the
amount received by the District pursuant to this Agreement is
appropriate to alleviate any1inancial burden or detriment caused
to the District by the implementation of the Redevelopment Plan.
ADOPTED this 4th day of June 1986.
AYES: Members Apfelbaum, Birer, Foster and Smith
NOES: None
ABSENT: Chairman Bogert
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALI IA
By .,
' Assistant Secretary Chairman
REVIEWED AND APPROVED__�(_j
1
RESOLUTION NO. 430
OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS, CALIFORNIA, APPROVING
CONTINUING APPROPRIATIONS FROM THE 1985-86
FISCAL YEAR TO THE 1986-87 FISCAL YEAR.
WHEREAS the Community Redevelopment Agency of the City of Palm
Springs has adopted a budget for the 1985-86 fiscal year; and
WHEREAS certain projects budgeted in the 1985-86 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 1986-87 fiscal year, the unencumbered balances as of
June 30, 1986 of the following accounts:
ACCOUNT NO. ACCOUNT TITLE
87-870-4501 Renaissance Hotel
89-180-4503 Arenas Street Reconstruction
89-1110-11516 StreetFurniture (Carry forward
' only $50,000)
89-180-8534 Redevelopment Action Plan (Carry forward
only $4,500)
89-180-8536 Fashion Plaza Offsites
89-183-4501 Auto Sales Center
89-183-8501 Auto Sales Center (Carry forward
only $4,000)
89-184-4503 Arenas Street Reconstruction
89-185-4501 N. Palm Canyon Streetscape (Carry forward
only $10,000)
89-185-4502 Patel Hotel Land Acquisition (Carry forward
only $135,000)
and any other appropriations, if any, approved by the
Redevelopment Agency on this date but not spent by June 30,
1986.
ADOPTED this 18thday of June 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST- CITY OF PALM SPRINGS, CAN'T O
By �_ -
�-/Assistant Secr y airman
REVIEWED & APPROVED
r,!
ff �5
�L RESOLUTION NO. 431
�l
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 1986-87
WHEREAS a budget for the fiscal year 1986-87 year has been
prepared by the Community Redevelopment Agency Redevelopment
Director and the Agency Treasurer; and
WHEREAS the Community Redevelopment Agency has examined said
budget and conferred with the Community Redevelopment Agency
Director; and
WHEREAS the Community Redevelopment Agency, after due deliberation
and consideration, agrees with the budget recommended, including
the Community Redevelopment Agency,Administrative Fund budget,
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment
Agency of the City of Palm Springs ', as follows:
Section 1 . That the budget in the amount of $2,089,042 be
approved for the following purposes:
Central Business District $1 ,184,904
Tahquitz Andreas 523,005
South Palm Canyon 27,670
Ramon Bogie 205,479 '
Oasis 36,872
North Palm Canyon 60,754
Highland Gateway 26,118
Baristo Farrell 24,240
$21089,042
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 l8thday of _ June 1986.
AYES: Members Apfelbaum, Birer, Foster, 'Smith and Chairman Bogert '
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT .
OF THE CITY OF PALM BRI tr-
l_ /Assistant Secretary ° m
REVIEWED & APPROVED
RESOLUTION NO. 432
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AUTHORIZING AGREEMENT WITH WESSMAN
DEVELOPMENT COMPANY FOR THE SALE OF
CITY OWNED PROPERTY ON THE SOUTHWEST
CORNER OF TAHQUITZ-McCALLUM WAY AND
INDIAN AVENUE FOR A RETAIL AND RESTAURANT
COMPLEX.
WHEREAS the City of Palm Springs is the owner of that certain parcel of land
described on Exhibit "A", attached hereto and made a part hereof; and
WHEREAS said property has in the past been used for civic uses which said
uses have been abandoned; and
WHEREAS it has been determined that said parcel of land is not presently,
nor in the foreseeable future, necessary for any City use; and
WHEREAS the City Council , by Resolution No. 14925 has declared the parcel
surplus and offered it for sale ar lease; and
WHEREAS the City Council has directed' staff to prepare an agreement for the
sale of the McCallum Building for consideration by the City Council ;
WHEREAS the Redevelopment Plan for the Central Business District Redevelopment
' Area authorizes the Agency to enter into development agreements for projects
consistent with that plan:
NOW, THEREFORE, THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
does hereby resolve as follows:
Section 1 . That an agreement for the development of the property by Wessman
Development Company is hereby approved.
Section 2. That the Treasurer is authorized to disburse tax increment revenues
generated by the project on a yearly basis to the developer until
funds advanced by the developer for the Agency's obligations
under the agreement are satisfied.
ADOPTED this 2nd day of July 1986.
AYES: Members Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: Member Apfelbaum
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS ORNIA
` AsAistant Secretary `7 Ch an
REVIEWED & APPROVED_ Kq:7
REVISED
RESOLUTION NO. 433
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE ASSIGNMENT OF THE DISPOSI-
TION AND DEVELOPMENT AGREEMENT WITH
PETER EPSTEEN, LTD. FOR DEVELOPMENT
OF AN AUTO SALES CENTER TO SYMBOLIC
CLASSIC CARS, LTD. , A CALIFORNIA
CORPORATION.
WHEREAS the Agency has entered into a Disposition and Development Agreement
with Peter Epsteen, Ltd. to facilitate that development of an auto center
through the use of certain tax increments; and
WHEREAS the Disposition and Development Agreement between the Agency and
Peter Epsteen, Ltd. approved on March 11, 1986 called for Agency approval
of any assignment of the Agreement; and
WHEREAS, Peter Epsteen, Ltd. has requested that the Agency approve the assign-
ment of the agreement to Symbolic Classic Cars, Ltd. , a California
corporation; and
WHEREAS, Symbolic Classic Cars, Ltd. has read and agrees to all of Peter
Epsteen' s duties and obligations;
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the ,
City of Palm Springs approving the assignment of the Disposition and Develop-
ment Agreement between the Community Redevelopment Agency and Peter Epsteen,
Ltd. to Symbolic Classic Cars, Ltd. and consenting to the sale of Parcel
1 of Tract 18787 therefore, and authorizing the Executive Director to sign
all documents related thereto, subject to receiving document executed by
buyer re: familiarity with agreement and assuming duties and obligations
of seller.
ADOPTED this 2nd day of , July 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY _
CITY OF �PALM SPRINGS RNI"A
JAs'sistant Secretary Chairmad
REVIEWED AND APPROVED:__K,7Jfi
J
REVISED
RESOLUTION NO. 434
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AUTHORIZING SUPPLEMENTAL AGREEMENT
WITH WESSMAN DEVELOPMENT COMPANY
REGARDING SALE OF CITY OWNED PROPERTY
ON THE SOUTHWEST CORNER OF
TAHQUITZ-McCALLUM WAY AND INDIAN AVENUE.
WHEREAS the Community Redevelopment Agency, by Resolution No. 432 has
authorized the sale of the subject parcel to Wessman Development Company;
and
WHEREAS staff and participant have prepared modifications to the agreement
for clarification:
NOW, THEREFORE, THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
does hereby resolve as follows:
Section 1 . Thata supplemental agreement for the sale of the property to Wessman
Development Company is hereby approved.
Section 2. That this Resolution supersedes any conflicting provisions of
previous resolutions.
ADOPTED THIS 6th day of ___August 1986.
AYES: Members Apfelbaum, Birer, Foster and Chairman Bogert
NOES: None
ABSENT: None
ABSTAIN: Member Smith
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
BY
Assistant Secretary Chai n
REVIEWED & APPROVED_ I jL
RESOLUTION NO. 435
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
ACCEPTING A $108,600 LOAN FROM THE:
GENERAL FUND TO THE COMMUNITY REDEVEE-OP--
MENT AGENCY OF THE CITY OF PALM SPRINGS
TO PROVIDE FUNDING' FOR 198E-87
ADMINISTRATIVE AND CAPITAL PROTECT
COSTS FOR SOUTH PALM', CANYON, OA:;IS,
NORTH PALM CANYON, i HIGHLAND-•GATEWAY
AND BARISTO-FARRELL REDEVELOPMENT PROJECT
AREAS.
WHEREAS the Community Redevelopment Agency of the City of Palm Springs,
California, has and will incur expenses relative to administrative costs
in the various redevelopment projects; and
WHEREAS $108,600 has been requested by the Community Redevelopment Agency
for these administrative costs;
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs as follows:
Section 1. Accepts a $108,600 loan from the General 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 various redevelopment projects warrants.
Section 2. That proceeds of the loan be utilized to provide the Agency
with sufficient cash for 1986-87 administrative costs for various
redevelopment project areas.
Section 3. That the $108,600 shall be apportioned to five loans as follows:
a. South Palm Canyon $ 91100
b. Oasis 29,800
c. North Palm Canyon 16,100
d. Highland-Gateway 29,300
e. Baristo-Farrell 24,300
ADOPTED this 6th day of August ,, 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY '
CITY OF PALM SPRINGS, -ACI RNIA
By
-Assistant Secretary Chalaii
REVIEWED AND APPROVED � � _
RESOLUTION NO. 436
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
REPAYING $108,600 IN LOANS TO THE GENERAL
' FUND.
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 Community Redevelopment Agency now requests to repay a portion
of these loans in order to reduce the amount of its indebtedness in the
Central Business District;
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs, California, as follows:
Section 1. Directs $108,600 in repayment of loans from the Community Redevel-
opment Agency to the General Fund.
Section 2. That proceeds of the repayment are to be used to reduce the
principle of the $500,000 loan from the General Fund, approved
by Resolution No. 14956 on February 28, 1984, to $318,700.
ADOPTED this ,6th day of August ____, 1986.
' AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, ) FORNIA
—A,ssistant Secretary ChrAan
REVIEWED AND APPROVED C .
RESOLUTION NO,, 437
OF 111E COMMUNITY REDEVELOPMENT AGENCY OF 1HE
CITY OF PALM SPRINGS, CALIFORNIA, AMENDING
THE BUDGET FOR 111E 1986-87 FISCAL YEAR.
WHEREAS Resolution 431 , approving the budget for the fiscal year 1986-87 '
was adopted on June 18, 1986; 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 431 adopting the budget for the 1986-87
fiscal year is hereby amended as follows:
SECTION 1 . ADDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
No. : 11- 2285 $108,600 '
Title: General Fund Unappropriated
Fund Balance
Purpose: To repay portion of loan to Agency for Central Business District
projects, The proceeds of the repayment are to be used to reduce the prin-
ciple of the $500,000 loan from the General Fund approved by Resolution No. 14956
SECTION 2. SOURCE on February 28, 1984, to $318,700.
FUND ACTIVITY ACCOUNI" AMOUNT
No, : 89 2285
$108,600 ,
Title: CRA Unappropriated
Redevelopment Fund Fund Balance
Adopted this 6th- day of August _, lg 86 '
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
, PALM SPRINGS�NIA
By:
Assistant Secretary C air
ial�
RESOLUTION NO. 438
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
ACCEPTING A $5,000 LOAN FROM THE GENERAL
FUND TO THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SPRINGS
TO PROVIDE FUNDING FOR CERTAIN ADMINIS-
TRATIVE COSTS FOR THE SOUTH PALM CANYON
PROJECT AREA.
WHEREAS the Community Redevelopment Agency of the City of Palm Springs,
California, has and will incur expenses relative to administrative costs
in the South Palm Canyon Project Area; and
WHEREAS $5,000 has been requested by the Community Redevelopment Agency
for these administrative costs;
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs as follows:
Section 1. Accepts a $5,000 loan from the General 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 certain administrative costs for the
South Palm Canyon Redevelopment Project Area.
ADOPTED this --3rd _ day of _____September___—, 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, G LIFORNIA
BX
'istant Secretary 4 man
REVIEWED AND APPROVED:
RESOLUTION NO. 439
OF THE COMMUNITY hREDEVELOPAENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
REPAYING $5,000 IN LOANS TO THE GENERAL.
FUND.
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 Community Redevelopment Agency now requests to repay a portion
of these loans in order to reduce the amount of its indebtedness in the
Central Business District;
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs, California, as follows:
Section 1. Directs $5,000 in repayment of loans from Lhe Community Redevel-
opment Agency to the General Fund.
Section 2. That proceeds of the repayment are to be used to reduce the
principle of the $500,000 loan from the General Fund, approved
by Resolution No. 14956 on February 28, 1984, to $313,700.
ADOPTED this 3rd day of 5eot .m , 1986. ,
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, P97
NIA
Sq
V1s'sistant Secretary C ha�—
(REVIEWED AND APPROVED,,_?
4J �
RESOLUTION NO. 440
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRING, CALIFORNIA,
AMENDLNG THE BUDGET FOR THE 1986-87 FISCAL YEAR.
WHEREAS Resolution 431 approving the budget for the fiscal year
1986-87 was adopted on June 18, 1986; and
WHEREAS the Executive Director has recommended, and the Community Redevelop-
ment 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 431 adopting the budget for
the 1986-87 fiscal year is hereby amended as follows:
SECTION 1 . ADDITIONS
FUND ACTIVITY ACCOUNT PROJECT AMOUNT
No. 813 0182 4353 4633 $5,000
Title:
Redevelopment South Palm Legal Servio s Palm Canyon
' __ Canyon Plaza Hotel
Purpose: To fund legal services relative to review of bond issue under
new tax laws.
SECTION 2. SOURCE
a
FUND ACTIVITY ACCOUNT PROJECT AMOUNT
No. 111 301 $5,000
Title : Unappropriated
General Fund Fund Balance
Adopted this 3rd day of September 19 86 ,
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
COMMUNITY REDEVELOPMENT AG,E�1CY
ATTEST: j CITY OF PALM SPRINGS,:C'A I ORNIA
By
�-
Assistant Secretary arman
REVIEWED & APPROVED
RESOLUTION NO. 441
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING CONTRACT WITH HAROLD AND
KATHERINE THOMPSON FOR MANAGEMENT SERVICE
OF THE PRAI6RIE SCHOONER TRAILER PARK
AT $1000 PER MONTH.
NOW THEREFORE the Community Redevelopment Agency of the City of Palm Springs
does hereby resolve to approve contract with Harold and Katherine Thompson
for management service of the Prairie Schooner Trailer Park at the rate
of $1000 per month under the 1986-87 budget, retroactive to July 16, 1986.
ADOPTED this 3rd day of _ Septe(n 1986.
AYES: Members Apfelbaum, Birer, Foster; Smith and Chairman Bogert
NOES: None COMMUNITY REDEVELOPMENT�ENCY
ABSENT: None CITY OF PALM SPRINGS iC LIFORNIA
ATTEST:
�� �S
By- �` �� —' Chairman —J
A,ssi§tant Secretary _
REVIEWED AND APPROVED:_,KM,1____ __
RESOLUTION NO. 442
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AUTHORIZING THE EXECUTIVE DIRECTOR
TO ENTER INTO AN AGREEMENT WITH TKD
ASSOCIATES FOR LANDSCAPE DESIGN SERVICES
RELATING TO ANDREAS ROAD WALKWAY IN
THE AMOUNT NOT TO EXCEED $7,500.00
WHEREAS the City and Agency propose to undertake certain redevelopment activi-
ties in the Tahquitz-Andreas Project Area pursuant to the Community
Redevelopment Law, in the interest of the health and general welfare of
the people of the City of Palm Springs; and
WHEREAS it is desirable to provide an attractive pedestrian connection between
the Convention Center and Central Business District to implement the goals
and objectives of the Redevelopment Plan;
NOW., THEREFORE, the Community Redevelopment Agency of the City of Palm
Springs, California does hereby authorize the ExeCLItive Director to enter
into an agreement with TKD Associates for landscape design services relating
to the Andreas Road Walkway in an amount not to exceed $7,500.00.
ADOPTED this 3rd _ day of Sppte Iles 1986.
' AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By
`As"sistant Secretary� Chair
REVIEWED AND APPROVED: —
RESOLUTION NO. 443
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRING, CALIFORNIA,
AMENDING THE BUDGET FOR THE 1986-87 FISCAL YEAR.
WHEREAS Resolution 431 approving the budget for the fiscal year
1986-87 was adopted on June 18, 1986; and
WHEREAS the Executive Director has recommended, and the Community Redevelop-
ment 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 431 adopting the budget for
the 1986-87 fiscal year is hereby amended as follows:
SECTION 1 . ADDITIONS
FUND ACTIVITY ACCOUNT PROJECT AMOUNT
No. 812 0181 4350 4634 $7,500
Tit%UeveIopment Tahquitz Con, racttual Andreas Road
Andreas Service Walkway
Purpose: To make funds available to pay TKD Associates for landscape
design services for Andreas Road Walkway
SECTION 2. SOURCE
FUND ACTIVITY ACCOUNT PROJECT AMOUNT
No. 812 301 $7,500
Title: Unappropriated
Tahquitz-Andreas Fund Balance
Adopted this 3rd _ day of September _, 1986 .
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
COMMUNITY REDEVELOPMENT— GENCY
ATTEST^ CITY 01: PALM SPRIN135a ZAIFOR IA
By -
Assistant Secrej Chairm s
REVIEWED & APPROVED �P�� ��
RESOLUTION NO. 444
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING PROPOSED DESERT FASHION PLAZA
FINANCING.
WHEREAS the Participation Agreement for the Desert Fashion Plaza requires
that the Developer obtain the approval of the Agency for all proposed financ-
ing for the Project; and
WHEREAS the Agency has no objections 'to the financing as proposed by the
Developer in its letter of September 5, 1986 on file in the office of the
City Clerk;
NOW THEREFORE, the Agency does hereby approve the proposed financing for
the Desert Fashion Plaza as outlined in the Developer' s letter of September
5, 1986.
ADOPTED this _ 9th day of __September. 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
' ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS,
By
Assi,�tant Secretary Cha� an
REVIEWED AND APPROVED:__& `u
RESOLUTION NO. 445
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 THE
BARISTO-FARRELL REDEVELOPMENT PROJECT
AREA. (AREA �8)
WHEREAS the Agency proposes to undertake certain redevelopment activities
in the Baristo-Farrell Redevelopment Project Area 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 Baristo-Farrell Redevel-
opment Project Area 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 Bari s to-Farrel l Redevelop-
ment Project Area:
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 allocai;ion of tax increment
from the Baristo-Farrell Redevelopment Project Area, 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 Baristo-Farrell Redevelopment Project Area
each year, the portion attributable to the District shall receive
a percentage of the District Tax Revenues shall be allocated
as follows:
a. Fifty percent (50%) of the District Tax Revenue less '
the twenty percent (20%) state-required housing setaside.
b. One hundred percent ( I00%) of the District' s Bonded
Indebtedness Tax Revenue.
RESOLUTION NO. 445
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 Baristo-Farrell Redevelopment Project Area
of the Redevelopment Plan commencing with the Base Year.
Section 4 . Commencement of Payment. The obligation of the Agency that
payments be made 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 _ 17th, day of ^_ September 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, IFORNIA
B,
' Assistant Secretary C rerun
REVIEWED AND APPROVED
RESOLUTION NO. 446
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING CONTRACT WITH GARY R. MANGIOINE
FOR ASSISTANT-MANAGEMENT SERVICE OF
THE PRAIRIE SCHOONER TRAIiLER PARK AT
$550 PER MONTH PLUS HOUSING.
NOW THEREFORE the Community Redevelopment, Agency of the City of Palm Springs
does hereby resolve to approve contract with Gary R. Mangione for assistant-
management service of the Prairie Schooner Trailer Park at the rate of $550
per month plus housing under the 1986-87 budget, effective immediately.
ADOPTED this 17th day of _ September ��, 1986
AYES:
NOES: COMMUNITY REDEVELOPMENT ACE CY
ABSENT: CITY OF PALM SPRINGS/C L ORNIA
ATTEST--
By
YL
`As-sistant Secretary �— ChairmarY'/
!\1 'REVIEWED AND APPROVED:Y �
t
RESOLUTION NO. 447
OF THE COMMUNIIY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AUTHORIZING A ONE-TIME EXPENDITURE
OF $29,445 OUT OF HOUSING SETASIDE
FUNDS FOR CAPITAL IMPROVEMENTS IfN THE
ESTABLISHMENT OF A SHELTER HOME THROUGH
THE RIVERSIDE COUNTY COALITION FOR
ALTERNATIVES TO DOMESTIC VIOLENCE.
WHEREAS, the City and the Agency have undertaken certain redevelopment activi-
ties within the City of Palm Springs pursuant to the Community Redevelopment
Law, in the interest of the health, safety, and general welfare of the people
of the City of Palm Springs; and
WHEREAS, the Community Redevelopment Law requires redevelopment agencies
under Section 33334.2 to set aside 20 percent (20%) of its tax increment
funds for the purpose of increasing and improving the community's supply
of low and moderate income housing; and
WHEREAS, the Riverside County Coalition for Alternatives to Domestic Violence
has requested allocation of housing se'taside funds in the amount of $29,455
for the purpose of purchasing of an emergency shelter in the Coachella Valley
to house victims of domestic violence; and
' WHEREAS, based on statistical information supplied by the RCCADV a need
does exist for this type of facility in the Coachella Valley and will be
beneficial to the residents and communities of the Coachella Valley; and
Whereas the City Council has adopted resolutions for each project area finding
that taxes be allocated from each project for the purpose of improving and
increasing the community's supply of low and moderate income housing outside
the project area will be of bene'fi't to the projects; and
WHEREAS; the Agency's legal counsel has determined that the use of housing
setaside funds is perm'issable for this type of a project;
NOW THEREFORE. DE .IT RESOLVED that the Community Redevelopment Agency of
the City of Palm Springs, California, as follows:
Section 1. That 'the Community Redevelopment Agency finds ''the expenditure
of Housing Setaside Funds for the purpose of contributing a
one-time share based on a per capita formula toward the cost
of purchasing and renovating a Barge home for an emergency shelter
will benefit the community and its redevelopment project areas
by providing necessary emergency housing 'to low and moderate
income persons in the area.
Section 2. That the Community Redevelopments Agency hereby pledges the use
' of Housing Setaside Funds in the amount not to exceed $29,455
toward capital improvement to the Riverside County Coalition
for Alternatives to Domestic Violence for the purchase of an
emergency shelter subject to the following conditions:
a. That RCCADV submit documentation verifying its financial
RESOLUTION NO. 447
capability to proceed with the purchase and operation of
an emergency shelter prior to release of any city funds.
b. Provide information regarding fund raising efforts from
'the private sector and commitments from other Coachella
Valley cities prior to release of funds.
c. Identify proposed shelter site and acquisition cost prior
to release of funds.
Section 3. The manner and timing of disbursement of the pledged funds shall
be detailed in a subsequent agreement to be approved by Executive
Director.
ADOPTED this 17th day of September 1986.
AYES: Members Apfelbaum, Birer, Foster, Smith and Chairman Bogert
NOES: None
ABSENT: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
,CITY OF PALM SPRINGS, CALIF012 A
" _Assistant Secretary� fha'irm ,
REVIEWED AND APPROVED:__
1
RESOLUTION NO. 448
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
AUTHORIZING THE REIMBURSEMENT OF AN
AMOUNT NOT TO EXCEED $177,100 TO THE
EDWARD J. DEBARTOLO CORPORATION FOR
THE INSTALLATION OF CERTAIN WALL
IMPROVEMENTS.
WHEREAS the Community Redevelopment Agency through the Participation Agreement
for the Desert Fashion Plaza Expansion has previously agreed to provide
certain offsite improvements; and
WHEREAS the Edward J. DeBartolo Corporation has agreed to construct these
public improvements; and
WHEREAS construction of said facilities by the Edward J. DeBartolo Corporation
has allowed for them to better coordinate work occurring on the project
site;
NOW THEREFORE, the Community Redevelopment Agency of the City of Palm Springs
does hereby resolve to authorize the reimbursement to the Edward J. DeBartolo
Corporation of an amount not to exceed $177,100.00 for the installation
of the following improvements:
1. Installation of a 3000 Amp Switchboard to provide for permanent
relocation of electrical lines serving the existing mall from
Andreas Road ($96,776) .
2. Temporary electric service to the existing mall during construction
($15,633 and $15,506) .
3. Permanent relocation of telephone lines from Andreas Road
($9,964.08) .
4. Installation of conduit for traffic signal relocation ($876) .
5. New curb and gutter, and new pavement at various locations around
the project ($33,317. 15) .
6. Remove and replace flow gutter on Amado Road ($4,698.48) .
ADOPTED this 15th day of October 1986.
AYES: Members Birer, Foster and Chairman Bogert
NOES: None
ABSENT: Members Apfelbaum and Smith
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS / IFORNIA
%Assistant Secretary air n
REVIEWED AND APPROVED:
" REVISED "
RESOLUTION NO. 449
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS AUTHORIZING
THE ISSUANCE OF BONDS OR ENTERING INTO
OF FINANCING AGREEMENTS ,FOR THE PURPOSE
OF FINANCING COMMERCIAL BUILDINGS AT
THE SOUTHWEST CORNER OF TAHQUITZ WAY
AND INDIAN AVENUE (McCALLUM CIVIC
BUILDING) AND RELATED, FACILITIES TO
BE CONSTRUCTED AND DEVELOPED BY JOHN
WESSMAN DEVELOPMENT COMPANY.
WHEREAS, the Agency is authorized to issue and sell its bonds for the purpose
of financing the improvement of commercial structures located within redevel-
opment project areas of the Agency, and to enter into installment sales
agreements for such purposes; and
WHEREAS, John Wessman Development Company, alone or as a partner, (the
"Developer") has requested the Agency to issue and sell its bonds or enter
into installment sale agreements for the purpose of financing the acquisition,
construction, rehabilitation and improvement of three buildings intended
to be used for commercial purposes, together with landscaping, utilities,
together with related structures and auxiliary facilities (the "Project")
to be acquired, improved and constructedlby the Developer in a redevelopment
project area of the Agency, and the Agency wishes to induce the developer t
to acquire, construct and improve the Project in said area; and
WHEREAS, it is in the public interest, for public benefit and in furtherance
of the public purposes of the Agency that the Agency authorize such financing
for the aforesaid purposes;
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
Section 1. The Community Redevelopment ,Agency of the City of Palm Springs
hereby authorizes the financing by the Agency in a principal
amount of not to exceed four million eight hundred thousand
dollars ($4,800,000) for the purpose of providing permanent
and/or construction financing to the Developer, its successors
and assigns, for the acquisition, construction and improvement
of the Project to be located in the City on the real property
described more fully in Exhibit A attached hereto and incorporated
herein. It is presently proposed that 'the obligations of the
Agency under any financing shall be payable solely from the
revenues to be derived by the Agency from the Project. The
term "financing" as used herein means any of the following:
(1) the issuance of bonds or other obligations of the Agency
under the Community Redevelopment Law (constituting Part 1 of
Division 24 of the California Health and Safety Code) ; or (2)
the entering into of one or more installment sale agreements
under the Community Redevelopment Law with respect to the Project
for the permanent and/or construction financing of the Project
pursuant to said Law.
Section 2. Any such financing shall be upon such terms and conditions as
may be mutually agreed upon, by the Agency, the Developers and
the purchaser of Agency obligations shall be authorized by resolu-
tion of the Agency at a meeting duly held and conducted for
such purpose.
R E V I S E D "
RESOLUTION NO. 449
Section 3. The proceeds of any such financing shall include such related
and necessary issuance expenses, administrative costs, debt
services and interest payments as may be required to accomplish
successfully the financing.
ADOPTED this 15th day of October _, 1966.
AYES: Members Birer, Foster and Chairman Bogert
NOES: None
ABSENT: Members Apfelbaum and Smith
ATTEST: COMMUNITY REDEVELOP14ENT AGENCY
CITY OF PALM SPRINGS, C LIFORNIA
ByJ�_ �
� ss,stant Secretary Uri
REVIEWED AND APPROVED:__L/.e7
1
RESOLUTION NO. 449
EXHIBIT A
NAME OF DEVELOPMENT: Palm Springs Welwood� Murray Plaza
MAXIMUM AMOUNT OF BOND ISSUE: $4,800,000
LOCATION OF DEVELOPMENT: Southwest corner of Tahquitz Way and Indian Avenue
(McCallum Civic Building)
DEVELOPER: John Wessman Development Company, alone or as a partner
1
RESOLUTION NO. 450
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS AUTHORIZING
THE ISSUANCE OF BONDS OR ENTERING INTO
OF FINANCING AGREEMENTS FOR THE PURPOSE
OF FINANCING COMMERCIAL BUILDINGS AT
THE SOUTHWEST CORNER OF SUNRISE WAY
AND RAMON ROAD AND RELATED FACILITIES
TO BE CONSTRUCTED AND DEVELOPED BY
JOHN WESSMAN DEVELOPMENT COMPANY.
WHEREAS, the Agency is authorized to issue and sell its bonds for the purpose
of financing the improvement of commercial structures located within redevel-
opment project areas of the Agency, and to enter into installment sales
agreements for such purposes; and
WHEREAS, John Wessman Development Company, alone or as a partner, (the
"Developer") has requested the Agency to issue and sell its bonds or enter
into installment sale agreements for the purpose of financing the acquisition,
construction and improvement of four buildings intended to be used for commer-
cial purposes, together with landscaping, utilities, together with related
structures and auxiliary facilities (the "Project") to be acquired, improved
and constructed by the Developer in a redevelopment project area of the
Agency, and the Agency wishes to induce the developer to acquire, construct
and improve the Project in said area; and
1 WHEREAS, it is in the public interest, for public benefit and in furtherance
of the public purposes of the Agency that the Agency authorize such financing
for the aforesaid purposes;
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
Section 1. The Community Redevelopment Agency of the City of Palm Springs
hereby authorizes the financing by the Agency in a principal
amount of not to exceed four million five hundred thousand dollars
($4,500,000) for the purpose of providing permanent and/or
construction financing to the Developer, its successors and
assigns, for the acquisition, construction and improvement of
the Project to be located in the City on the real property
described more fully in Exhibit A attached hereto and incorporated
herein. It is presently proposed that the obligations of the
Agency under any financing shall be payable solely from the
revenues to be derived by the Agency from the Project. The
term "financing" as used herein means any of the following:
(1) the issuance of bonds or other obligations of the Agency
under the Community Redevelopment Law (constituting Part 1 of
Division 24 of the California Health and Safety Code) ; or (2)
the entering into of one or more installment sale agreements
under the Community Redevelopment Law with respect to the Project
for the permanent and/or construction financing of the Project
' pursuant to said Law.
Section 2. Any such financing shall be upon such terms and conditions as
may be mutually agreed upon by the Agency, the Developers and
the purchaser of Agency obligations shall be authorized by resolu-
tion of the Agency at a meeting duly held and conducted for
such purpose.
RESOLUTION NO. 450
Section 3. The proceeds of any such financing shall include such related
and necessary issuance expenses, administrative costs, debt
services and interest payments' as may be required to accomplish
successfully the financing.
ADOPTED this 15th day of October 1986. '
AYES: Members Birer, Foster and Chairman Bogert
NOES: None
ABSENT: Members Apfelbaum and Smith
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
/ CITY
OF PALM SPRINGS CALIFORNIA
By ��_,f an
Rsfistant Secretary �I
REVIEWED AND APPROVED: k& q. _ — —
RESOLUTION NO. 450
EXHIBIT A
NAME OF DEVELOPMENT: Sunrise and Ramon Retail Complex
MAXIMUM AMOUNT OF BOND ISSUE: $4,500,000
LOCATION OF DEVELOPMENT: Sunrise Way and Ramon Road
DEVELOPER: John Wessman Development Company, alone or as a partner
1
RESOLUTION NO. 451
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS APPROVING AND AUTHORIZING
AND DIRECTING EXECUTION OF INSTALLMENT PURCHASE AGREEMENTS
FOR PURCHASE AND SALE; OF LAND AND, APPROVING AND AUTHORIZING
AND DIRECTING EXECUTION OF RELATED SECOND ASSIGNMENT
AGREEMENT AND TRUST AGREEMENT, APPROVING SALE OF
$4,800 ,000 CERTIFICATES OF PARTICIPATION,
APPROVING OFFICIAL STATEMENT AND RELATED
DOCUMENTS, AND AUTHORIZING OFFICIAL ACTION
WHEREAS, the Community Redevelopment Agency of the City
of Palm Springs (the "Agency" ) has requested John Wessman, d/b/a
Wessman Development Company, a sole proprietorship ( the
"Developer" and "Seller" ) to acquire, renovate and rehabilitate
improvements on property located within the Palm Springs Central
Business District Redevelopment Project Area of the Agency; and
WHEREAS, such facilities and land ( the "Project" ) are
proposed to be acquired by the Agency from the Seller for the
aggregated principal purchase price of $4 ,800,000, to be paid in
installments together with interest on the unpaid principal
balance, pursuant to that certain First Installment: Purchase
Agreement dated as of December 1, 1986, between the Agency and
the Seller ( the "First Installment Purchase Agreement" ) ; and
WHEREAS, notice of a public hearing regarding the
issuance of revenue bonds for the Project has been duly published
in accordance with the requirements of Section 103 ( k) of the '
Internal Revenue Code of 1986, as amended; and
WHEREAS, the members of the Agency are the applicable
representatives to conduct a public hearing regarding the
issuance of the Certificates of Participation ( the
"Certificates" ) for the Project ; and .
WHEREAS, the Agency' s obligations under the First
Installment Purchase Agreement are special obligations limited
solely to the revenues and amounts described therein, including
but not limited to amounts derived by the Agency from the
installment sale of the Project to the Developer, pursuant to
that certain Second Installment Purchase Agreement dated as of
December 1 , 1986, by and between the Agency and the Developer
( the "Second Installment Purchase Agreement" ) the rights of the
Agency under which are to be assigned to the Seller pursuant to
that certain Second Assignment Agreement dated as of December 1,
1986, by and between the Agency and the Seller ( the "Second
Assignment Agreement" ) ; and
Resolution No. 451
WHEREAS, the Developer ' s obligations under the Second
Installment Purchase Agreement , are to be secured by (among other
things ) an irrevocable letter of credit to be issued by Security
Pacific National Bank ; and
WHEREAS, the Seller proposes to finance all such
acquisition and construction by assigning to a trustee bank ( the
"Trustee" ) certain rights of the Seller under the First
Installment Purchase Agreement, pursuant to that certain First
Assignment Agreement , dated as of December 1, 1986, by and
between the Seller and the Trustee ( the "First Assignment
Agreement" ) ; and
WHEREAS, the Seller , the Agency, Chemical Bank ( the
"Paying Agent" ) , and the Trustee propose to enter into that
certain Trust Agreement, dated as of December 1, 1986, ( the
"Trust Agreement" ) whereby the Trustee agrees to execute and
deliver the Certificates in the aggregate principal amount of
$4,800, 000 , evidencing the proportionate interests of the owners
thereof in installment payments made by the Agency under the
First Installment Purchase Agreement; and
WHEREAS, Drexel Burnham Lambert Incorporated as under-
writer ( the "Underwriter" ) has proposed to submit an offer to
purchase said certificates of participation pursuant to that
certain Certificate Purchase Agreement in substantially the form
on file with the Secretary of the Agency, among the Seller, the
Agency and the Trustee ( the "Purchase Agreement" ) , and have
heretofore caused to be prepared a preliminary Official Statement
describing the Certificates; and
' WHEREAS, the Agency has heretofore held a hearing, pur-
suant to Section 33431 of the California Health and Safety Code,
on the sale of the Project to the Developer and has heretofore
adopted its Resolution No. 449 on October 15 , 1986 , approving in
substance the transactions herein described, and the Agency
wishes at this time to approve the final form of such
transactions;
NOW, THEREFORE, BE IT RESOLVED by the Community
Redevelopment Agency of the City of Palm Springs, as follows :
Section 1. Purchase of Project from Seller ; First
Installment Purchase Agreement . The Agency hereby approves the
purchase of the Project by the Agency from the Seller pursuant to
the First Installment Purchase Agreement , in substantially the
form on file with the Secretary together with any additions
thereto or changes therein deemed necessary or advisable by the
Chairman. The Chairman is hereby authorized to execute and
deliver the First Installment Purchase Agreement for and in the
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Resolution No. 451
name and on behalf of the Agency. The Agency hereby authorizes
the delivery and performance of the First Installment Purchase
Agreement .
Section 2 . Sale of Project to Developer ; Second
Installment Purchase Agreement. The, Agency hereby approves the
sale of the Project by the Agency to the Developer pursuant to
the Second Installment Purchase Agreement, in substantially the
form on file with the Secretary together with any additions
thereto or changes therein deemed necessary or advisable by the
Chairman. The Chairman is hereby authorized to execute and
deliver the Second Installment Purchase Agreement for and in the
name and on behalf of the Agency. The Agency hereby authorizes
the delivery and performance of the Second Installment Purchase
Agreement .
Section 3 . Trust Agreement . The Agency hereby approves
and authorizes the delivery and performance of the Trust Agree-
ment, in substantially the form on file with the Secretary
together with any additions thereto or changes therein deemed
necessary or advisable by the Chairman. The Chairman is hereby
authorized to execute and deliver the Trust Agreement for and in
the name and on behalf of the Agency. The Agency hereby
authorizes the delivery and performance of the Trust Agreement.
Section 4. Second Assignment Agreement. . The Agency
hereby approves and authorizes the delivery and performance of
the Second Assignment Agreement, in substantially the form on
file with the Secretary together with any additions thereto or
changes therein deemed necessary or advisable by the Chairman.
The Chairman is hereby authorized to execute and deliver the
Second Assignment Agreement for and in the name and on behalf of '
the Agency. The Agency hereby authorizes the delivery and
performance of the Second Assignment Agreement.
Section 5. Agency Agreement . The Agency hereby approves
and authorizes the delivery and performance of the Agency
Agreement in substantially the form on file with. the Secretary
together with any additions thereto or changes therein deemed
necessary or advisable by the Chairman. The Chairman is hereby
authorized to execute and deliver the Agency Agreement for and in
the name and on behalf of the Agency. The Agency hereby
authorizes the delivery and performance of the Agency Agreement .
Section 6 . Sale of Certificates . The Agency hereby
authorizes the sale of the Certificates of Participation. The
Certificates shall be sold to the Underwriter for the purpose of
providing funds to be applied to the financing of the acquisition
and construction of the Project . The Certificates shall be sold
pursuant to the Certificate PurchaselAgreement , in substantially
-3-
Resolution No. 451
the form on file with the Secretary, which agreement is hereby
approved together with any additions thereto or changes therein
J deemed advisable by the Chairman. The Chairman is hereby
authorized and directed to execute the Certificate Purchase
Agreement upon presentation of an offer by the Underwriter to
purchase the Certificates which is acceptable to the Chairman;
provided, however, that the purchase price shall be not less than
ninety eight and three-quarters percent ( 98.75% ) of the par
amount: thereof. The Chairman is hereby delegated the authority
to approve the terms of any offer by the Underwriter to purchase
the Certificates, provided that such offer is in form and
substance acceptable to the Chairman and is within the
limitations set forth in this Section 6 .
Section 7 . Official Statement. The Agency hereby
approves the Preliminary Official Statement describing the
Certificates, in substantially the form submitted by the Under-
writer and on file with the Secretary, together with any changes
therein or additions thereto deemed advisable by the Chairman.
Distribution of the Preliminary Official Statement by the
Underwriter is hereby ratified and approved . The Agency hereby
authorizes the distribution of the final Official Statement by
the Underwriter . The Chairman is hereby authorized and directed
to approve any changes in or additions to a final form of said
Official Statement deemed advisable by the Chairman, and at the
request of the Underwriter to execute said final Official
Statement for and in the name and on behalf of the Agency.
Section 8 . nt tf Trustee Tender Agent ,Agnt, tT
emarke henR Apotecaong Agent and Paying Agent .
First Interstate Bank of. California is hereby appointed as
Trustee under the Trust Agreement . Chemical Bank is hereby
' appointed as Paying Agent, Registrar and Co-Authenticating Agent
under the Trust Agreement. Drexel Burnham Lambert, Incorporated
is hereby appointed as Remarketing Agent under the Trust
Agreement .
Section 9. Arbitrage Covenant of Authority. In addition
to other covenants and, representations of the Agency contained in
this, Resolution and the Trust Agreement , the Agency further
covenants, represents and agrees that it will restrict the use of
the proceeds of the Certificates in such manner and to such
extent, if any, as may be necessary in the opinion of special
counsel delivered to the Agency, after taking into account
reasonable expectations at the time of the delivery of and
payment- of the Certificates, so that the Certificates will not
constitute arbitrage bonds under Section 103 ( c) of the Code. Any
officer having responsibility for issuing the Certificates is
authorized and directed, alone or in conjunction with any of the
-4-
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Resolution No. 451
foregoing or with any other officer , employee, consultant or
agent of the Agency or with the Developer or any officer,
employee, consultant or agent of the Developer to give an
appropriate certificate of the Agency, for inclusion in the
transcript of proceedings for the Certificates, setting forth the
reasonable expectations of the Agency regarding the amount and
use of the proceeds of the Certificates and the facts, estimates
' and circumstances on which they are based, such Certificate to be
premised on the reasonable expectations and the facts, estimates
and circumstances on which they are based as provided by the
Developer, all as of the date of delivery of and payment for the
Certificates .
Section 10 . Compliance with Open Meeting Requirements . It
is found and determined that all formal actions of the Agency
concerning and relating to the adoption of this Resolution were
adopted in an open meeting of the Agency, and that all
deliberations of the Agency and of any of its committees that
resulted in these formal actions, were in meetings open to the
public in compliance with all legal requirements.
Section 11 . Prior Resolutions . Any resolutions of the
Agency adopted prior to this resolution are, to the extent they
are inconsistent or conflict with this resolution, hereby
repealed and rescinded.
Section 12 . Effective Date. This Resolution shall take
effect and be in force immediately upon its adoption.
Section 13 . Official Action. All actions heretofore taken
by the officers and agents of the Agency with respect to the
' Project and the sale of the Certificates are hereby approved,
confirmed and ratified. The Executive Director, the Chairman,
the Vice-Chairman, and any and all other officers of the Agency
are hereby authorized and directed, for and in the name and on
behalf of the Agency, to do any and all things and take any and
all actions, including execution and delivery of any and all
assignments, certificates, requisitions , agreements, notices,
consents , instruments of conveyance, warrants and other
documents, which they, or any of them, may deem necessary or
advisable in order to consummate the lawful purchase, sale and
financing of the Project pursuant to the agreements described
herein.
-5-
RESOLUTION NO. 451
Section 14. The Secretary shall, certify to the adoption of this
resolution.
ADOPTED this llth day of December, 1986.
AYES: Member Apfelbaum, Birer, Foster and Smith
NOES: None
ABSENT: Chairman Bogert
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
0000
�--Assistant Secretary Chairma
REVIEWED & APPROVED: 7 _
RESOLUTION NO. 452
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE. AMENDED AND RESTATED
AGREEMENT WITH WESSMAN DEVELOPMENT
COMPANY FOR THE REDEVELOPMENT OF PROPERTY
ON THE SOUTHWEST CORNER OF TAHQUITZ-
McCALLUM WAY AND INDIAN AVENUE FOR
A RETAIL AND RESTAURANT COMPLEX.
WHEREAS the Redevelopment Plan for the Central Business District Redevelopment
Area authorizes the Agency to enter into development agreements for projects
consistent with that plan; and
WHEREAS the Agency has previously adopted a development agreement for the
subject property on duly 2, 1986 by Resolution No. 432; and
WHEREAS the Agency has previously approved a supplement to said agreement
on August 6, 1986 by Resolution No. 434; and
WHEREAS changes in the proposed development, especially as related to the
potential financing of the project through the use of industrial development
bonds, have occurred since said previous approval ;
' NOW THEREFORE, THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS
does hereby resolve that an amended and restated development agreement for
the redevelopment of the property by Wessman Development Company is hereby
approved.
ADOPTED this llth day of December 1986.
AYES: Member Apfelbaum, Birer, Foster and Smith
NOES: None
ABSENT: Chairman Bogert
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, LIFORNIA
%Assistant Secretary Chi' an
REVIEWED & APPROVED: KGt��
RESOLUTION NO. 453
OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE ASSIGNMENT OF THE DISPOSI-
TION AND DEVELOPMENT AGREEMENT WITH
PETER EPSTEEN, LTD. FOR DEVELOPMENT
OF AN AUTO SALES CENTER TO THE LUTHER
COMPANY LIMITED PARTNERSHIP, A MINNESOTA
LIMITED PARTNERSHIP.
WHEREAS the Agency has entered into a Disposition and Development Agreement
with Peter Epsteen, Ltd. to facilitate that development of an auto center
through the use of certain tax increments; and
WHEREAS the Disposition and Development Agreement between the Agency and
Peter Epsteen, Ltd. approved on March 11, 1986 called for Agency approval
of any assignment of the Agreement; and
WHEREAS Peter Epsteen, Ltd. had requested and the Community Redevelopment
Agency had approved the assignment of the agreement to Symbolic Classic
Cars, Ltd. by Resolution #433, which transaction was not consumated; and
WHEREAS Peter Epsteen, Ltd. has requested that the Agency approve the assign-
ment of the agreement to The Luther Company Limited Partnership, a Minnesota
Limited Partnership; and
WHEREAS The Luther Company Limited Partnership, a Minnesota Limited
Partnership has read and agrees to all, of Peter E,psteen 's duties and '
obligations;
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of the
City of Palm Springs rescinding Resolution #433 and approving the assignment
of the Disposition and Development Agreement between the Community
Redevelopment Agency and Peter Epsteen, Ltd. to The Luther Company Limited
Partnership, a Minnesota limited Partnership and consenting to the sale
of Parcel 1 of Tract 18787 therefore, and authorizing the Executive Director
to sign all documents related thereto, subject to receiving document executed
by buyer re: familiarity with agreement and assuming duties and obligations
of seller.
ADOPTED this llth day of __ December 1.986.
AYES: Members Apfelbaum, Birer and Smith
NOES: None
ABSENT: Chairman Bogert
ABSTAIN: Member Foster
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
0
l/Assistant Secretary' �A�• Chq an
REVIEWED AND APPROVED: C