The URL can be used to link to this page

1989 02 21 RDAi^) REDEVELOPMENT AGENCY AGENDA CITY COUNCIL CHAMBERS 78-105 Calle Estado La Quinta, California 92253 Regular Meeting February 21, 1989 7:30 P.M. CALL TO ORDER Beginning Res. No. 89-2 a. Roll Call HEARINGS BUSINESS SESSION CONSENT ITEMS 1. Approval of Minutes of January 31, 1989. 2. Approval of Demand Register. 3. Adoption of Resolution Approving a Program for the Furnishing of Assistance for Affordable Housing and Authorizing the Expenditure of Agency Funds Pursuant to Such Program. 4. Approval of Proposal for Consulting Services for Budget/Accounting Systems. ADJOURNMENT DECLARATION OF POSTING I, Saundra L. Juhola, Secretary of the La Quinta Redevelopment Agency do hereby declare that the foregoing agenda for the Redevelopment Agency Meeting of February 21, 1989 was posted on the outside entry to the Council Chamber, 78-105 Calle Estado and on the bulletin board at the La Quinta Post Office on Friday, February 17, 1989. * SAUNDRA L. JU*A, Secretary La Quinta Redevelopment Agency BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) REDEVELOPMENT AGENCY MEETING DATE: 2/21/89 AGENDA CATEGORY: ITEM TITLE: PUBLIC HEARING: Resolution of the La Quinta Redevelopment BUSINESS SESSION: Agency approving a program for the furnishing of assistance for affordable CONSENT CALENDAR: housing and authorizing the expenditure of agency funds pursuant to such program STUDY SESSION: BACKGROUND: Presented for final approval by Resolution is the Statement of the La Quinta Redevelopment Agency Assessment Subsidy Program. The proposed program has been designed to provide assistance to persons of very low, low and moderate income in making assessment payments levied for Assess- ment District No. 88-1. FISCAL IMPLICATIONS: APPROVED BY: */;`**/ Expenditure of Housing Set-Aside Funds of Redevelopment Agency Project Area No. 1. Maximum expenditure not to exceed funds available in 20% Set Aside Fund. RECOMMENDATION: Approval of Resolution approving the program furnishing assistance for affordable housing and expenditure of funds. Submitted By: Approved for submission to City Council: x> ** * 2 * ii** * * Signature RON KIEDROWSKI, CITY MANAGER FORM#002 BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) RESOLUTION NO. RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY APPROVING A PROGRAM FOR THE FURNISHING OF ASSISTANCE FOR AFFORDABLE HOUSING AND AUTHORIZING THE EXPENDITURE OF AGENCY FUNDS PURSUANT TO SUCH PROGRAM WHEREAS, the La Quinta Redevelopment Agency the Agency) is in the process of implementing the Redevelopment Plan for Redevelopment Project No. 1 as adopted by City of La Quinta Ordinance No. the Project'*); and WHEREAS, the Redevelopment Plan the Redevelopment Plan') for the Project provides that certain funds are to be made available to improve and expand the supply of low- and moderate-income housing, in conformity with the provisions of Section 33334.2 of the California Health and Safety Code; and WHEREAS, the Redevelopment Plan provides for the provision by the Agency of certain public improvements; and WHEREAS, the City of La Quinta the City") has taken certain steps toward the establishment and implementation of an assessment district the District"), which will provide certain sewer and related infrastructure improvements the Improvements") of benefit to residents of the Project Area of the Project; and WHEREAS, although the Improvements will be of benefit once completed, the imposition of an assessment to defray the cost of such Improvements would create a burden for certain residents of the affected area, particularly those of limited means; and WHEREAS, the Agency proposes to provide certain assistance to defray the cost of the assessment by the District for the benefit of persons who qualify due to income or who covenant to provide affordable housing for a fifteen-year period the Minimum Period"); and WHEREAS, the program for the provision of such assistance the Program"), is described in the Statement of the La Quinta Redevelopment Agency Assessment Subsidy Program the Statement"), which is attached hereto as Exhibit A", and which, together with all Attachments thereto, is incorporated herein by reference; and f BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) WHEREAS, the provision of the Improvements will benefit the Project Area; and WHEREAS, there is no other reasonable means available to the community to finance the Improvements; and WHEREAS, the implementation of the Program will benefit the Project Area and the community; NOW, THEREFORE, the La Quinta Redevelopment Agency does resolve as follows: 1. The Agency finds and determines that: a) the provision of the Improvements will benefit the Project Area; b) there is available to the community no other reasonable means of financing the Improvements than that set forth in the Statement, and c) the Minimum Period is the greatest feasible time for the restrictions on affordability to remain in effect, given i) the limited amount of assistance being made available and ii) the need for voluntary participation to achieve the objectives of the Program. 2. The Agency approves the Program'*, as described in the Statement. The Chairman and Executive Director are authorized to execute on behalf of the Agency all documents necessary and proper to effectuate the provisions of the Program, as described in the Statement. PASSED, APPROVED AND ADOPTED this day of 1989 by the following vote: AYES: NOES: ABSENT: ABSTAIN: Chairman ATTEST: Agency Secretary 02/15/89 3347n/2338/00 2- BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^ ) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^ ) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^!) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^") NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^#) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^$) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^%) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^&) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^')REDEVELOPMENT AGENCY MEETING DATE: 2/21/89 AGENDA CATEGORY: ITEM TITLE: PUBLIC HEARING: Proposal for Consulting Services for Redevelopment Agency Budget BUSINESS SESSION: Accounting Systems CONSENT CALENDAR: STUDY SESSION: BACKGROUND: Proposal for Consultant Services to assist Agency with the development of Budget/Accounting Systems in relation to tax increment forecasting housing set aside funds and pass-through agreements. FINAL IMPLICATIONS: APPROVED BY: Contract on time and materials basis with total costs not to exceed $8,000.00. RECOMMENDATION: Approval of proposal for consulting services for Redevelopment Agency Budget/Accounting Services. Submitted B*;7 Approved for submission to City*ouncil:** * Signature RON KIEDROWSKI, CITY **A*AGER FORM4OO2 BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^() ci- MEMORANDUM TO: The Honorable City Council FROM: Thomas P. Genovese, Assistant City Manager DATE: February 15, 1989 SUBJECT: Proposal for Consulting Services for Re- development Agency Budget/Accounting Systems Attached is a proposal for consulting services to assist the Redevelopment Agency Staff with the preparation of the *g***y!5 annual budget and accounting systems. More specifically, RSG will assist the Agency with the development of a work program for the next fiscal year in relation to the tax increment forecast, pass through agreements and the Housing set aside funds. Additionally, RSG will assist the Agency staff in refining an accounting system to be consistent with the State Controllers requirements, and establish the documentation necessary for all pass through agreements between Agency and other taxing agencies. The outlined services will be completed on a time and materials basis with a maximum amount not to exceed eight thousand dollars $8,000.00). All billing will be at the same hourly rate as the existing contracts. Recommendation: Approval of proposal for consulting services for Redevelopment Agency Budget/Accounting Systems. TPG/jb BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02 i^)) NOTEXTPAGE BIB] 11-12-1998-U01 03:59:15PM-U01 BASIC-U01 RDA-U02 02-U02 21-U02 1989-U02