1989 06 06 RDAi^! *AAAbf*
* *GENCY
CITY COUNCIL CHAMBE*S
78-105 Calle Estad*
La Quinta, California 92253
Regular Meeting
June 6, 1989 7:30 P.M.
CALL TO ORDER Beginning Res. No. 89-11
a. Roll Call
HEARINGS
BUSINESS SESSION
1. Adoption of Resolution Approving the Expansion of a Program
for the Furnishing of Assistance for Affordable Housing and
Authorizing the Expenditure of Agency Funds Pursuant to
Such Program.
a) Resolution Action.
CONSENT ITEMS
1. Approval of Minutes of May 16, 1989.
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 June 6, 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, June
2, 1989.
Da June 2, 1989.
AUNDRA L. JU* Secretary
La Quinta Redevelopment Agency
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i^!REDEVELOPMENT AGENCY MEETING DATE: June 6, 1989 AGENDA CATEGORY:
ITEM TITLE: PUBLIC HEARING:
Adoption of a Resolution of the La Quinta BUSINESS SESSION* I
Redevelopment Agency approving the expansion
of a program for the furnishing of assistance CONSENT CALENDAR:
for affordable housing and authorizing the
expenditure of agency funds pursuant to such STUDY SESSION:
program.
BACKGROUND:
At your February 21, 1989 meeting, final approval was granted for
implementation of the Assessment Subsidy Program. Under the program,
property owners of very low, low and moderate income are given
assistance in making assessment payments levied for Assessment District
88-1. Staff is recommended that this program be expanded to include
hook-up fees and Assessment payments for proposed Assessment District
89-2.
FISCAL IMPLICATIONS: APPROVED BY:
None.
RECOMMENDATION:
By motion, grant adoption of the attached Resolution by the Redevelopment
Agency for: 1) the inclusion of Hook-Up Fee Subsidies in the Assessment
Subsidy Program, 2) approval of proposed Assessment District 89-2, and
3) implementation of the Assessment Subsidy/Hook-up Fee Program in
Assessment District 89-2
Submitted by: Approved for submission to
City Council:
%/J*y.
Signature RON KIEDROWSKI, CITY MANAGER
FORM*002
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i^!DATE: June 6, 1989
TO: Mayor and Members of the City Council
Chair and Members of the Redevelopment Agency
FROM: Ronald E. kiedrowski, City Manager
SUBJECT: ASSESSMENT/HOOK-UP FEE SUBSIDY PROGRAM
BACKGROUND
At your February 21,1989 meeting, final approval was granted for implementation of the
Assessment Subsidy Program. Under the Program, property owners of Very Low, Low
and Moderate Income are given assistance in making Assessment Payments levied for
Assessment District 88-1. Staff is recommending that this Program be expanded to
include Hook-Up Fees and Assessment Payments for Proposed Assessment District
89-2.
DISCUSSION
Implementation of the Program is in progress. Seven 7) property owners have qualified
for the Program.
In order to grant further financial assistance to eligible property owners while expanding
the scope of infrastructure improvements, it is proposed that additional subsidy
payments be made by the Agency for required Hook-Up Fees. Further, staff is
proposing that the Assessment/Hook-Up Fee Subsidy Program be implemented in the
proposed Assessment District 89-2. Since property owners within Assessment District
88-1 and the proposed Assessment District 89-2 will be charged Hook-Up Fees for
collapsing or filling their septic tank and connecting their property to the sewer system,
Hook-Up Fee Subsidies have become necessary for eligible property owners. Due to
the on-going infrastructure improvements within the Cove community, it is prudent for
the creation of an additional Assessment District and for eligible property owners within
the proposed District to be given financial assistance identical to that of Assessment
District 88-1. As with Assessment District 88-1, the Agency's 20% set-aside funds will be
used to subsidize the additional assessment and Hook-Up Fees for income eligible
property owners. The attached map depicts the boundaries of proposed Assessment
District 89-2.
Attached please find the necessary Resolutions for the provision of Hook-up Fee
Subsidies to be included in the Assessment/Hook-up Fee Subsidy Program and for the
expansion of the Program into proposed Assessment District 89-2. The attached
Statement of the La Quinta Redevelopment Agency Assessment/Hook-up Fee Subsidy
Program has been revised in order to provide for the Hook-up Fee Subsidy. The
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