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1994 10 18 RDAing -> 10)B-ffl 1 JQe?ue?pment eida Crl'y COUNCIL CHAMBER 78495 CaIle Tampico La Quinta, California 92253 Regular Meeting October 18, 1994 3:00 P.M. CALL TO ORDER Beginning Res. No. RA 94-19 a. Roll Call CONFIRMATION OF AGENDA APPROVAL OF MINUTES a. Approval of Minutes of September 20 & October 4,1994. PUBLIC COMMENT BUSINESS SESSION CONSENT CALNDAR 1. APPROVAL OF DEMAND REGISTER DATED OCTOBER 1?, 1994. 2. ACCEPTANCE OF ASSESSMENT DISTRICT 92-1 PHASE V COVE IMPROVEMENTS DEPAR'1MENT REPORTS 000001 BIB] 05-14-1999-U01 10:08:22AM-U01 ADMIN-U01 RDA-U02 10-U02 18-U02 1994-U02 ing -> 10)B- CHAIR AND BOARD MEMBERS' iii?I? Recess until 7:00 P.M. JOINT PUBUC HEARING WITH JOINT? LA OUINTA Ciii COUNCIL 7:00 p.m. 1. CONSIDERATION OF RESOLUTION AUTHORIZING AN AGREEMENT AND ESCROW INSTRUCTIONS FOR SALE & ACQUISITION OF UNIMPROVED PROPERTY BY AND BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND THE DESERT SANDS UNIFIED SCHOOL DISTRICT AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH. A) RESOLUTION ACTION. CLOSED SESSION 1 CONFERENCE WITH REAL PROPERTY NEGOTIATOR PURSUANT TO GOVERNMENT CODE SECTION 54956.8 REGARDING POTENTIAL TERMS OF SALE OF PROPERTY LOCATED AT THE CORNER OF DUNE PALMS ROAD AND AVENUE 48 JACK MATLOCK, NEGOTIATOR FOR DESERT SANDS UNIFIED SCHOOL DISTRICT. ANOURNMENT DEC?ON OF POSIING I, SAUNDRA L. JUHOLA, Secretary of the La Quinta Redevelopment Agency, do hereby declare that the foregoing agenda for the Redevelopment Agency Meeting of October 18, 1994 was posted on the outside entry to the Council Chamber, 78-495 Calle Tampico and on the bulletin board at the La Quinta Chamber of Commerce on FrQaY/? October 14,1994. SAUNDRA JU OLA, Secretary La Quinta Redevelopment Agency 000902 BIB] 05-14-1999-U01 10:08:22AM-U01 ADMIN-U01 RDA-U02 10-U02 18-U02 1994-U02 ing -> 10)B- AGENDA CATEGORY: C?4oF BUSINESS SESSION: COUNCILIRDA MEETING DATE: October 18, 1994 CONSENT CALENDAR: ITEM TIThE: STUDY SESSION: PUBLIC HEARING: Demand Register Dated October 18, 1994 BACKGROUND Prepaid Warrants: 19570 19603 $ 59,796.08 19569,19604-19607 14,594.00 P/R 10729 10790? 63,980.69 CITY DEMANDS $486,604.88 Payable Warrants: 19609 19692 359,226.64 RDA DEMANDS 10,992.76 $ 497,597.64 $497,597.64 FISCAL IMPLICATIONS: Demand of Cash City $ 486,604.88 A? Thomas P. Genovege, City Manager 000003 BIB] 05-14-1999-U01 10:08:22AM-U01 ADMIN-U01 RDA-U02 10-U02 18-U02 1994-U02 ing -> 12 > NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 ? NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 @ NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 A NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 B NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 C NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 D NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 E NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 F NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 G NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 H NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 10)B- 1 AGENDA CATEGORY: BUSINESS SESSION: COUNCILIRDA MEETING DATE: October 18,1994 CONSENT CALENDAR: ITEM TIThE: STUDY SESSION: Consideration of acceptance of Assessment District 92-1, PUBLIC HEARING: Phase V Cove Improvements RECOMMENDATION: Acceptance of Assessment District 92-1, Phase V of the Cove Improvements and direct the City Clerk to record a Notice of Completion FISCAL IMPLICATIONS: There are no fiscal implications associated to acceptance of Assessment District 92-1 BACKGROUND AM) OVERVIEW: Refer to Consent Calendar item no.5 David M. C sper ublic Works Director 000015 BIB] 05-14-1999-U01 10:08:22AM-U01 ADMIN-U01 RDA-U02 10-U02 18-U02 1994-U02 ing -> 10)B- ffl 0 AGENDA CATEGORY: t'OFT??? BUSINESS SESSION: COUNCILIRDA MEETING DATE: October 18, 1994 CONSENT CALENDAR: ITEM TIThE: Consideration of a Resolution of the La Quinta STUDY SESSION: Redevelopment Agency approving and authorizing the execution of an Agreement and Escrow Instructions for the Sale and Acquisition PUBLIC HEARING: of Unimproved Real Property by and between the La Quinta Redevelopment Agency and Desert Sands Unified School District and making certain findings in connection therewith RECOMMENDATION: Adopt Resolution 94- approving and authorizing execution of the Agreement and Escrow Instructions for the sale and acquisition of unimproved real property by and between the La Quinta Redevelopment Agency and Desert Sands Unified School District. FISCAL IMPLICATIONS: The Agreement will provide for $994,887 in property purchase and off-site improvement construction funding. These funds will be used to reimburse the Agency's Low and Moderate Income Housing Fund which has expended $484,131 to acquire property, and is projected to expend $510,756 to fund the off-site improvements that are the subject of the Agreement. BACKGROUND AND OVERVIEW. In 1993, the La Quinta Redevelopment Agency initiated discussions with Desert Sands Unified School District regarding their participation in a larger project proposed for a site in the Village of La Quinta. At that time, the Agency was in discussions with Williams Development Corporation regarding the design and construction of an affordable housing project. The Agency had identified a 36-acre site, generally located east of the future alignment of Desert Club Drive and north of Calle Tampico, that was offered for sale by the Resolution Trust Corporation. Subsequent discussions with the District and Williams Development representatives indicated that the site could accommodate both single and multi-family residential development, a flood control detention basin, and an elementary school. The Agency initiated negotiations with Landmark Land/Resolution Trust Corporation regarding the acquisition of the 36-acre parcel. Negotiations were concluded and the Agency subsequently purchased the property in June of 1994. During this time, Agency representatives were in discussions with the District regarding their purchase of a 10-acre parcel of this property which would be used by the District for an elementary school. The District had been pursuing for the past two years, the location of an elementary school site that would service both the Village and Cove communities. The property that is proposed to be sold to the District pursuant to the attached Agreement, was the District's number two priority location. ooo()i? CCSTFJH.009 BIB] 05-14-1999-U01 10:08:22AM-U01 ADMIN-U01 RDA-U02 10-U02 18-U02 1994-U02 ing -> 12 I NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 J NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 K NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 L NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 M NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 N NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 O NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 P NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 Q NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 R NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 S NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 T NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 U NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 V NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 W NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 X NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 Y NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 Z NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 [ NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 \ NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 ] NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 ^ NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 _ NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 ` NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 a NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 b NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 c NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 d NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02 ing -> 12 e NOTEXTPAGE BIB] 03-10-1999-U01 10:50:04AM-U01 ADMIN-U01 RDA-U02 10-U02 20-U02 1992-U02