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1988 08 02 RDAi^ A +&** **ai]a#U'abdai REDEVELOPMENT AGENCY AGENDA CITY COUNCIL CHAMBERS 78-105 Calle Estado La Quinta, California 92253 Regular Meeting August 2, 1988 7:30 P.M. CALL TO ORDER a. Roll Call HEARINGS BUSINESS SESSION 1. Consideration of Adoption of Resolution Approving the Preliminary Report and Authorizing Transmittal of the Redevelopment Plan, Preliminary Report and Draft Environmental Impact Report to Responsible Agencies. a) Report of Consultant. b) Resolution Action. CONSENT CALENDAR 1. Approval of Minutes of July 5, 1988. 2. Approval of Demand Register. COMMITTEE REPORTS a. Receipt of Minute of Project Area Committee of June 15, 1988. ADJOURNMENT DECLARATION OF POSTING I, Saundra L. Juhola, Secretary of the La Quinta Redevelopment Agency, do hereby certify that the foregoing agenda for the Redevelopment Agency of August 2, 1988 was posted on the outside entry to the Council Chambers, 78-105 Calle Estado and at the bulletin board at the La Quinta Post Office on Friday, July 29, 1988. D*d:$u/2yj88;* **DRAL.**retary BIB] 11-09-1998-U01 04:23:36PM-U01 BASIC-U01 RDA-U02 08-U02 02-U02 1988-U02 i^ BUSINESS SESSION ITEM NO. * TO: REDEVELOPMENT AGENCY MEMBERS FROM: RONALD KIEDROWSKI, EXECUTIVE DIRECTOR DATE: AUGUST 2, 1988 SUBJECT: RESOLUTION APPROVING THE PRELIMINARY REPORT AND AUTHORIZING TRANSMITTAL OF THE REDEVELOPMENT PLAN, PRELIMINARY REPORT AND DRAFT ENVIRONMENTAL IMPACT REPORT BACKGROUND Redevelopment Law requires the Agency to prepare and send to the affected taxing entities a Preliminary Report which contains 1) the reasons for selecting the Redevelopment Project Area; 2) a description of conditions which exist in the Project Area; 3) a preliminary assessment of the method of financing the redevelopment project; 4) a description of the specific projects to be pursued by the Agency; and 5) a description of how the projects will improve the conditions in the Project Area. The law also requires the Agency to distribute the Draft Environmental Impact Report and Redevelopment Plan to said agencies. DISCUSSION The primary purpose of the Preliminary Report is to provide taxing entities with information on the proposed Redevelopment Plan to allow them to analyze the fiscal impacts of the proposed redevelopment program. It also identifies the general conditions that exist in the Project Area which necessitate the use of redevelopment in order to remedy. The Report cites the existence of economic blight in the form of inadequate infrastructure, public improvements, facilities and utilities, impaired investments, irregularly formed or shaped lots and lots laid out in disregard to physical characteristics as the need for redevelopment. Approximately $78 million of redevelopment project costs are identified in the Preliminary Report. This estimate includes the cost of public improvements and all other potential costs which can now be identified. It does not include the 20 percent housing set-aside funding requirements. It may not be possible to finance all of these projects through the provisions granted to the Agency. After the Preliminary Report is distributed to the affected taxing entities, they will have 15 days in which to call for the establishment of a Fiscal Review Committee. Preliminary contact has already been made with taxing entities which usually request fiscal negotiations. Staff will continue to meet with all interested taxing entities in an attempt to avoid the fiscal review process. The Final Redevelopment Plan does not require Agency approval at this time. The Agency/City Council is scheduled to consider the Final Plan after receiving input from the Planning Commission and Project Area Committee. Agency approval of the Draft Plan permits transmittal of the proposed Plan allow to these bodies so they may proceed with their review and prepare their reports as required by State Law. The Draft EIR for the proposed Redevelopment Plan has been prepared by Rosenow Spevacek Group, Inc. RSG) pursuant to the California Environmental Quality Act A BIB] 11-09-1998-U01 04:23:36PM-U01 BASIC-U01 RDA-U02 08-U02 02-U02 1988-U02 i^CEQA). Adoption of the attached Resolution will authorize transmittal of the document to the affected taxing agencies, the State Clearinghouse and all other responsible agencies. RECOMMENDATION Adopt the attached Resolution approving the Preliminary* Report and authorizing transmittal of the Report, Di'aft Redevelopment PIan,an the Draft Environmental Impact Report to affected taxing entities and responsible agencies. 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