Loading...
1987 08 04 RDA AGENDA LA QUINTA REDEVELOPMENT AGENCY A regular meeting of the La Quinta Redevelopment Agency, to be held at City Hall, 78-105 Calle Estado, La Quinta, California. Au9ust 4* i*87 7:30 p... 1. CALL Te CRIER 2. RCLL CALL 3. HEARINGS 4* CINSENT CALENDAR A. Approval of t e Minutes of a regular meeting of the La Quinta Redevelopment Agency held June 1& and June 30, 1987. B. RESOLUTION NO. RA-87-10. APPROVING DENANOS. 1) Notion to approve Consent Calendar. ROLL CALL VOTE) 5. *BUSINESS SESSION A. Report from City staff regarding improvements to the Cove area of La Quint.. 9. Proposed Redevelopment Agency Budget, 1987-88. 1) Notion to adopt. 6. ADJOURNMENT BIB] 10-22-1998-U01 11:05:04AM-U01 ADMIN-U01 RDA-U02 08-U02 04-U02 1987-U02 DATE *DAITEM# APPROVED *E*ED oCONTINUED TO RESOLUTION RA-87-lO A RESOLUTION OF ThE LA QUINTA REDEVELOPMENT AGENCY, APPROVING DEMANDS. BE IT RESOLVED by the La Quinta Redevelopment Agency of the City of La Quinta, California, to approve demands as shown on the Demand/Warrant Register dated August 4, 1987. APPROVED and ADOPTED this August 4, 1987 by the following roll call vote: AYES: NOES: ABSENT: ABSTAIN: CHAIRMAN ATTEST: SECRETARY BIB] 10-22-1998-U01 11:05:04AM-U01 ADMIN-U01 RDA-U02 08-U02 04-U02 1987-U02 LA OUINTA REDEVELOPMENT AC*CY Demand/Warrant Re*i8ter August 4. 1987 checkf Name Purpose A'nnt 299 John Axt, Security Pacific Tax allocation bonds, Tax Increment 6/30/87 $ 29,778.00 300 Wm Hoyle Auto/phone compensation, July 7114/87 100.00 301 Stanley S*iff Auto/phone compensation, July 7/14/87 100.00 302 Dale Bohnenberger Auto/phone compensation, July 7/14/87 100.00 303 John Pena Auto/phone compensation, July 7/14/87 100.00 304 Judith A Cox Auto/phone compensation, July 7/14/87 100.00 305 John Axt, Security Pacific Tax allocation bonds, Tax Increment 7/27/87 104,254.43 306 Katz-Hollis Projects 1096/04 6 i096-05, May 7/27/87 3,563.75 TOTAL $138,096.18 BIB] 10-22-1998-U01 11:05:04AM-U01 ADMIN-U01 RDA-U02 08-U02 04-U02 1987-U02 LA QUINTA REDEVELOPMENT AGENCY *STATEMENT OF FINANCIAL POSITION At June 30. 1987 4SSETS Cash in Bank $ 556.52 Restricted Cash $ 3,787,907.00 LAIF Investments $ 429,000.00 Accrued interest receivable $ 8,951.64 Tax increment receivable $ 142,479.56 Restricted interest receivable 0- Amount available for retirement long-term debt $ 3,811,339.72 Amount to be provided retire long-term debt $16.212,093.00 TOTAL ASSETS $24,392,327.44 *IABILITIES Accounts payable $ 6,643.33 Bonds payable $20,000,000.00 Due to County of Riverside $ 293,756.00 Notes payable to Water District $ 778.000.00 TOTAL LIABILITIES $2 1,078,399.33 FUND BALANCE $ 3,313,928.11 TOTAL LIABILITIES & FUND EQUITY $24 392.327. 44 BIB] 10-22-1998-U01 11:05:04AM-U01 ADMIN-U01 RDA-U02 08-U02 04-U02 1987-U02 LA OUINTA REDEVELOPMENT AGENCY STATEMENT OF REVENUES AND EXPENDITURES *thBendin June30 1987 COLLECTED ESTIMATED UNCOLLECTED % TO TO DATE REVENUE BALANCE DATE REVENUE Tax Increment $2,605,610.84 $2,207,000.00 $ 398,610.84) 118.1 Interest earned$ 249,725.11 $ 30,000.00 $ 219,725.11) 832.4 Miscellaneous $ 5.00 0- 5.00) 0- TOTAL $2,855.340.95 $2,237,000.00 $ 618.340.95) 127.6 *XPENDITURES BUDGET UNCOLLECTED % TO TO DATE L BALANCE DATE EXPENDITURES Debt service $1,900,478.00 *2,2O7,O00.00 $ 306,522.00 86.1 Taxing agency $ 28,807.60 $ 30,000.00 $ 1,192.40 96.0 Professional $ 36,179.56 $ 30,000.00 $ 6,179.56) 120.6 Administrative $ 82,585.78 $ 30,000.00 $ 52,585.78) 275.3 Interest exp $ 105,067.50 $ 0- $ 105,067.50) 0- Net Rev. 86-87 * 702.222.51 0- $ 702,222.51) 0- TOTAL S2.855.340.95 $2.297.000.00 S 558.340.95) j124.3 BIB] 10-22-1998-U01 11:05:04AM-U01 ADMIN-U01 RDA-U02 08-U02 04-U02 1987-U02 SA. OATE AGENDAITE* MEMORANDUM APPROVED DE?*1ED CITY OF LA OL)I*1A oCONTiNUED Jo To: RON KIEDROWSKI, CITY MANAGER FROM: FRANK REYNOLDS, CITY ENGINEER DATE: AUGUST 4, 1987 SUBJECT: REDEVELOPMENT OF LA QUINTA STREETS & DRAINAGE SYSTEMS BACKGROUND The City of La Quinta, particularly the 1cove area", has been the subject of two major studies dealing with infrastructure. These studies produced a Master Plan for Drainage and a Pavement Management System. The consulting firm which conducted the studies employed conventional approaches to design, with the result that the construction costs to achieve the ideal solutions to existing problems would exceed $100 million. While theoretically there are financing mechanisms available to raise that kind of money, from a practical standpoint it is unlikely to happen. As a consequence, preliminary studies by staff have been undertaken to develop strategies which would provide solutions to most of the problems not all of them within an affordable range. ThE STUDY AREA For purposes of this study, the five zones looked at are enclosed in an area west of Avenida Bermudas and south of Calle Tampico, primarily because these zones are very similar in configuration and terrain. The area east of Avenida Bermudas to Calle Ronda is essentially flat and will of necessity have to be designed on a different basis than the five zones studied. ThE PROBLEMS A discussion list which might be compiled by residents in the Cove probably would include a myriad of infrastructure elements, but those which have been identified as occupying high priorities would be drainage and street improvements. Simply stated, there currently exist no forms of drainage control, no streets which meet even minimum construction standards, and no delineation between public rights-of-way and private property. The absence of these basic elements of the infrastructure have tended to affect adversely property values in the area. Our study, therefore, has concentrated in a preliminary way on those particular deficiencies. BIB] 10-22-1998-U01 11:05:04AM-U01 ADMIN-U01 RDA-U02 08-U02 04-U02 1987-U02 * STAFF REPORT REDEVELOPKENT OF STREETS AND DRAINAGE SYSTEM August 4,1987 ASSUMTIONS MADE In order to arrive at a program which would lead to mitigation of the ma*or problems, it was necessary to make certain assumptions, which by their nature are subject to varying degrees of modification. The assumptions made were as follows: 1. Since a positive drainage system to handle even a 10-year storm i.e., a storm of a magnitude that will occur 10 times each 100 years), is far beyond the City's financial means, we proceeded on the basis that we will attempt to use the public rights-of-way to carry as much runoff as possible and intercept it at what we would consider to be reasonable intervals to convey it to existing flood control facilities. Any pipelines installed would be sized only large enough to convey 11nuisance11 water generated by over-watering, car washing, etc. 2. Based upon the above, we established five zones, which would form the basis for a 5-year program to effect the drainage and street improvements, starting at the top of the Cove to take advantage of the natural terrain. 3. All streets in the Cove except Avenida Bermudas and Eisenhower Drive were treated as local residential streets for setting a proposed structural section and estimating costs. The two exceptions were designed as major arterials. 4. We may have been incorrect in this assumption, but we reasoned that the residents in the Cove would prefer to retain the rural nature of their surroundings as much as possible. We therefore did not provide for the installation of concrete curb and gutter throughout most of the area. It may be, and probably will be necessary to construct some curb sections on those east-west streets selected to convey the runoff to disposal facilities. Rather than urbanizing the area with concrete curb and gutter, we opted for paved drainage swales, which will serve the same purpose. It would then be possible to delineate the limit of the public right-of-way by means of a clean edge to the asphaltic concrete paving, preferably by means of headerboard. If this assumption is incorrect, the substitution of concrete curb and gutter will not impact to any great degree the overall project cost. 5. Previous studies of the Cove have included lowering the elevations of the existing streets to accommodate those lots which lie below the existing street grades. The cost of doing this would be prohibitive. Therefore, a preliminary alternative plan for protecting those properties from inundation has been developed. However, it would require that the work involved in rebuilding driveways would take place on private property, and this would be outside the scope of the proposed project. It MEMOFR. 071 BIB] 10-22-1998-U01 11:05:04AM-U01 ADMIN-U01 RDA-U02 08-U02 04-U02 1987-U02 a STAFF REPORT REDEVELOPMENT OF STREETS AND DRAINAGE SYSTEM August 4,1987 would require the cooperation of the affected residents1 and perhaps arranging for low interest loans to effect the improvements. 6. There are several east-west streets in the Cove where no development has taken place on either side between intersecting streets. Therefore, the study took into consideration the possibility that several of these could be abandoned, thus saving the cost of street improvements, creating larger lots on those properties abutting them, or making certain lands available for neighborhood parks. 7. It has been recognized that there are some problem areas in the Cove which may require painful decisions in their resolution. Probably the most serious of these has to do with existing encroachments in the public rights-of-way. Because of the present lack of delineation between private and public property, some of the residents have installed miscellaneous structures, such as fences, and minor to extensive landscaping in the public right-of-way. These encroachments will interfere with the construction of the street sections established by the City's General Plan. For purposes of this study these conflicts have been ignored, and costs have been developed on the basis of standard street widths. ESTIMATES OF COST Based upon the foregoing assumptions, it is estimated that the costs per zone, including engineering, would be as follows: Zone No. 1 Area south of Calle Madrid $3,500,000 Zone No. 2 Area between Calle Colima and Calle Madrid $4,600,000 Zone No. 3 Area between Calle Nogales and Calle Colima $4,000,000 Zone No. 4 Area between Calle Durange and Calle Nogales $4,300,000 Zone No. 5 Area north of Calle Durango $4,000,000 Total of 5 Zones $20,400,000 It must be emphasized that the study was done without the benefit of even cursory survey information, for example, but at this stage our MEMOFR. 071 Paa* 3 BIB] 10-22-1998-U01 11:05:04AM-U01 ADMIN-U01 RDA-U02 08-U02 04-U02 1987-U02 STAFF REPORT REDEVELOPMENT OF STREETS A*U DRAINAGE SYSTEM August 4,1987 goal was to arrive at a ballpark" estimate to get some feeling for the magnitude of such an undertaking. CONCLUSIONS 1. It appears that the project is economically feasible through the use of funds acquired through the Redevelopment Agency, or funds from that Agency supplemented by an assessment district. Another possibility might be some participation by the City in the street program, particularly on the major arterials, since they must be constructed to much higher standards than the other streets in the area. 2. The scope of the proposed project is limited to drainage and street improvements. It may be that decisions could be made to include other elements of the infrastructure, such as undergrounding electrical and CATV facilities, installation of a natural gas distribution system, or street lighting at key intersections. 3. The Coachella valley Water District, in recognition of the deficiencies which exist in the domestic water distribution system, has planned for the expenditure of one million dollars per year for the next ten years to upgrade the system. It would be the City staff's intent to work closely with the CVWD in coordinating their improvements with ours. Obviously we wish to avoid tearing up newly constructed streets to install water lines, but the District's million dollars will go farther if they are not required to resurface their trenches. The District's General Manager-Chief Engineer estimates that the savings which could result could compress his 10-year program to perhaps 7 1/2 years. RECOMMENDATION It is recommended that the concept of the proposed project be approved and that the staff be authorized to solicit proposals from consulting engineering firms for design work in the event the project goes ahead. We feel that this is an important initial step. Selection of a qualified design engineer is a time-consurning process, and if the project is authorized we should have the design team lined up so that construction could commence as soon as possible. NEMOFR. 071 Paae 4 BIB] 10-22-1998-U01 11:05:04AM-U01 ADMIN-U01 RDA-U02 08-U02 04-U02 1987-U02 *r). DATE AGENDA ITEM # APPROVED DENIED *L) CQNTINUED TO LA QUINTA REDEVELOPMENT AGENCY BUDGET FISCAL YEAR 1987-88 ACTUAL PROPOSED REVENUE 1986-87 1987-88 Tax Increment $ 2,436,016. $ 3,316,000. Interest 32,337. 32,000. Total $ 2,468,353. $ 3,348,000. EXPENDITURES Debt Service $ 2,363,905. $ 2,259,000. Pass Through 28,808. 30,000. Professional and Administrative Services 93,797. 100,000. Low Income Housing Fund 927,000. Total $ 2.486,510. $ 3,316,000. BIB] 10-22-1998-U01 11:05:04AM-U01 ADMIN-U01 RDA-U02 08-U02 04-U02 1987-U02