1996 08 06 RDAing -> 106&U hj1ni]p??ILihIra1
Redevelopment Agency
Agenda
CITY COUNCIL CHAMBER
78-495 CaIle Tampico
La Quinta, California 92253
Regular Meeting
August 6, 1996 3:00 P.M.
CALL TO ORDER
a. Roll Call Beginning Res. No.96-07
PUBLIC COMMENT
This is the time set aside for public comment on any matter not scheduled for a public hearing. Please
complete a request to speak" form and limit your comments to three minutes.
Please watch the timing device on the podium.
CONFIRMATION OF AGENDA
APPROVAL OF MINUTES
a. Approval of Minutes of July 22, 1996.
BUSINESS SESSION None
Ooot'O?
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Note: Consent Calendar items are considered to be routine in nature and will be approved by one
motion.
1. APPROVAL OF DEMAND REGISTER DATED AUGUST 6, 1996.
2.. APPROVAL OF THE FIFTH IMPLEMENTATION AGREEMENT BETWEEN THE LA QUINTA
REDEVELOPMENT AND E. G. WILLIAMS DEVELOPMENT CORPORATION REGARDING THE
SEASONS' SINGLE-FAMILY DEVELOPMENT.
DEPARTMENT REPORTS None
CHAIR AND BOARD MEMBERS' ITEMS
JOINT PUBLIC HEARING WITH THE LA QUINTA CITY COUNCIL
1. LEASE TRANSACTION BETWEEN THE REDEVELOPMENT AGENCY, THE CITY OF LA QUINTA,
AND THE UNITED STATES POSTAL SERVICE FOR THE PROPERTY ALONG THE SOUTH SIDE
OF THE EXISTING POST OFFICE PARKING LOT WITH AN ADDRESS OF 51-350 AVENIDA
NAVARRO.
A) RESOLUTION ACTION.
CLOSED SESSION None
ADJOURNMENT
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I, Saundra L. Juhola, City Clerk of the City of La Quinta, California, do hereby declare that the
foregoing agenda tor the Redevelopment Agency meeting of August 6, 1996 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 Friday, August 2, 1996.
AUNDRA L. JU OLA, Secretary
La Quinta Redevelopment Agency
PUBLIC NOTICE
The La Quinta City Council chamber is handicapped accessible. If special equipment is needed for
the hearing impaired, please call the City Clerk's Office at 777-7025, 24-hours in advance of the
meeting and accommodations will be made.
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BUSINESS SESSION
COUNCILIRDA NiEETING DATE: AUGUST 6, 1996
CONSENT CALENDAR
ITEM TITLE:
STUDY SESSION
Demand Register Dated August 6, 1996 PUBLIC HEARING
RECOMMENDATION: Approve Demand Register Dated August 6, 1996
BACKGROUND:
Prepaid ai?r?iflts
25898?2590I? 1,748.25
25902? 840.00
259O3-259I3? 35,112.69
P/R I4225-I4295? 70,576.65
P/R Tax Transfers? 21,678.28 CITY DEMANDS $641,157.51
Payable Warrants:
25914 26045,' 538,013.82 RDA DEMANDS 26,812.18
$667,969.69 $667,969.69
FISCAL IMPLICATIONS:
Demand of Cash RDA $26,812.18
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ARf?I*?
a
AGENDA CATEGORY:
BUSINESS SESSION:
COUNCILIRDA MEETING DATE: August 6, 1996
CONSENT CALENDAR:
ITEM TITLE:
Approve the Fifth Implementation Agreement STUDY SESSION:
between the La Quinta Redevelopment Agency and PUBLIC HEARING:
E. G. Williams Development Corporation regarding
the Seasons Single-Family Development
RECOMMENDATION:
Approve the Fifth Implementation Agreement and authorize the Executive Director to
execute the appropriate documents.
FISCAL IMPLICATIONS:
None. The actions outlined in the Agreement will be funded through monies provided
through the original Disposition and Development Agreement DDA) that was
implemented in 1 994 and 1 995. The Williams Development Corporation will employ
the funds remaining from the initial transaction to underwrite the costs associated with
the Agreement.
BACKGROUND AND OVERVIEW:
On June 1 4, 1 996, Agency staff received correspondence from Williams Development
Corporation requesting modifications to the existing DDA. The DDA provided $4.5
million of financial assistance to facilitate the development of 90 senior citizen
apartment units, 60 single-family dwellings, and a five acre flood control detention
basin and passive park. All but 1 5 units will be affordable to very low, low, and
moderate income households. The senior apartments have been constructed and are
currently 70% to 80% occupied; the requested modifications to the DDA relate to the
project's single-family component.
Single-Family Component
As structured, Williams Development Corporation shall build 60 single-family dwellings
to be sold as follows:
1. Up to 15 market rate units that are not encumbered with 30-year affordability
covenants. The sales prices are $6,500 per unit higher than the affordable units
in order to fund a pro rata share of land cost.
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C
AGENDA CATEGORY:
BUSINESS SESSION:
COUNCIL?DA MEETING DATE: August 6, 1996
CONSENT CALENDAR:
ITEM TITLE:
STUDY SESSION:
Public Hearing to consider a lease transaction
between the Redevelopment Agency, the City of La PUBLIC HEARING.
Quinta, and the United States Postal Service for the
property along the south side of the existing Post
Office parking lot with an address of 51-350 Avenida
Navarro
RECOMMENDATION:
Adopt Agency Resolution approving the Lease Agreement, authorize the Agency
Chairman to sign the Agreement, and appropriate the necessary funds to construct the
lighting and fencing.
FISCAL IMPLICATIONS:
It is estimated that the cost will not exceed $5,000. The funds will be appropriated
from the City's General Fund Emergency Reserve account.
BACKGROUND AND OVERVIEW:
The Agency is currently negotiating a lease transaction with the City and the United
States Postal Service for a five year lease to develop a parking lot for the specific
purpose of providing postal service to the City. The site is located directly adjacent to,
and south of the existing posting office having an APN 773-104-005 and 006; with a
street address of 51?350 Avenida Navarro. The site consists of two vacant, 50 X 100-
foot undeveloped lots owned by the RDA. In order to facilitate parking, the Agency
proposes to lease the site to the City who in turn will sublease the property to the US
Postal Service for the development of the Post Office parking lot.
The City, in order to achieve the zip code conversions from the City of lndio and
Thermal to La Quinta for areas recently annexed, has agreed to waive the necessary
fees and permits to allow the Postal Service to install a trailer behind the existing Post
Office. This trailer will provide the space necessary to accommodate the increased
postal service. In addition, the Postal Service will pave and grade the vacant lots and
the City will provide the temporary lighting and approximately 200 feet of six-foot
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