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1989 10 17 RDAd_ Z!LT REDEVELOPMENT AGENCY AGENDA CITY COUNCIL CHAMBERS 78-105 Calle Estado La Quinta, California 92253 Regular Meeting October 17, 1989 7:30 P.M. CALL TO ORDER Beginning Res. No. 89-20 a. Roll Call HEARINGS BUSINESS SESSION 1. Consideration of Approval of Procedures and Criteria for Evaluation of Proposals for Village Center Project and Designation of Village Center Area. a) Minute Order Action. CONSENT ITEMS 1. Approval of Minutes of October 3, 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 October 17, 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, October 13, 1989. October 13, 1989. ZRAL. i(;;Zecre tary La Quinta Redevelopment Agency BIB] 12-15-1998-U01 09:07:22AM-U01 BASIC-U01 RDA-U02 10-U02 17-U02 1989-U02 d_ BUSINESS SESSION ITEM NO.Z / PROCEDURES AND CRITERIA FOR EVALUATION OF SUBMITTALS I. Background. The La Quinta Redevelopment Agency the Agency") by Ordinance No. 43 established the La Quinta Redevelopment Project the Redevelopment Project"). The Agency, in connection with the Redevelopment Project, has adopted Rules Governing Owner Participation and Business Re-Entry the Participation Rules"). The La Quinta Redevelopment Agency desires to set forth procedures and criteria for the eliciting and consideration of proposals for participation by owners within certain portions of the Project Area as may hereafter be designated from time to time such area constituting a Limited Area1'). The Agency now desires to more fully set forth procedures and criteria for the evaluation of submittals made by owners and/or tenants interested in participating in some manner in such Limited Area(s) as the Agency may hereafter designate from time to time by Resolution. II. Procedure. Upon receipt of requests for consideration by owners or tenants from within a Limited Area with respect to owner participation and/or re-entry of business within the Project Area, the Agency will review such submittals. a) Upon receipt of submittals, initial evaluations shall be conducted by the Executive Director or Deputy Executive Director) of the Agency. Each party making a submittal is responsible for the completeness and accuracy of its submittals. If requested by the Agency's Executive Director or Deputy), submittals shall include a construction pro forma if applicable), an operating pro forma, and a business plan. In the event the Executive Director or Deputy) notifies a party making a submittal that the submittal is incomplete or that additional information is required, such party shall be allowed three 3) weeks to complete its submittal. The failure to timely providesuch additional information of the submittal, and consideration of such submittal shall thereupon cease. Upon receipt of one or more submittals and additional information as applicable, the Executive Director or Deputy) will evaluate the submittal and make a determination with respect to whether the submittal or submittals, as applicable) conforms to the criteria set forth in paragraph C-i below. In the event a party having made a submittal disagrees with conclusions reached by the Executive Director, such party may appeal such decision to the governing board of the Agency by making written request therefore within ten 10) days after the Executive Director or Deputy) transmits notice of the initial evaluation. The review of such submittal(s) by the Agency shall be de novo. I BIB] 12-15-1998-U01 09:07:22AM-U01 BASIC-U01 RDA-U02 10-U02 17-U02 1989-U02 d_ b) Any decision by the Executive Director or Deputy) resolving a conflict between submittals may be appealed for de novo review by the governing body of the Agency) by an affected party by making written request therefore within ten lO)Zdays after the Executive Director or Deputy) transmits notice of his decision. c) Criteria. 1. The following criteria shall be applied in reviewing submittals: a. Conformity of the submittal including with respect to uses) with the Redevelopment Plan and other applicable enactments; b. Feasibility of the proposal; c. Successful development experience; d. Financial capability; e. Manufacturer or franchise approval if applicable), including a) present commitment of such approval, b) past history of having obtained such approv- al, or c) facts demonstrating a reasonable probability that such approval will be given; and f. Experience in operating the use(s) proposed. The foregoing may be satisfied by the submitting party itself, or by a partner or joint venturer; any such partner or joint venturer must be identified at the time of submittal and must approve/authorize its involvement in such proposed partnership or joint venture. 2. In the event conflicting submittals are received which satisfy the criteria set forth in paragraph Cl above, the following criteria shall be applied to resolve such conflict: BIB] 12-15-1998-U01 09:07:22AM-U01 BASIC-U01 RDA-U02 10-U02 17-U02 1989-U02 d_ a. Which submittal best satisfies the criteria set forth in paragraph Cl; b. Sales tax generation reasonably anticipated; c. Employment generation; d. Environmental benefits or lesser degree of detrimental impact); e. Degree to which assistance sought; f. Degree of site control by party making the submittal; and g. Value of existing property land and improvements) within the Limited Area by the party making submittal. III. Amendment. These Procedures and Criteria shall be subject to review and amendment by the Agency from time to time upon adoption of a resolution so providing. BIB] 12-15-1998-U01 09:07:22AM-U01 BASIC-U01 RDA-U02 10-U02 17-U02 1989-U02 ing -> 10)B- NOTEXTPAGE BIB] 05-14-1999-U01 10:08:22AM-U01 ADMIN-U01 RDA-U02 10-U02 18-U02