1991 04 02 RDAing -> 10Y CITY COUNCIL CHAMBERS
78-105 Calle Estado
La Quinta, California 92253
REGULAR MEETING
April 2, 1991 3:00 P.M.
CALL TO ORDER Beginning Res. No. RA 91-4
a) Roll Call
PUBLIC HEARINGS
1. Public Hearing of Necessity Determining and Declaring that the
Public Interest and Necessity Require the Acquisition by
Eminent Domain of the Property Known as APN 769-154-008 and
Located at the Southeast CorneZ of Avenida Bermudas and Calle
Amigo.
a) Resolution Action
BUSINESS SESSION
1. Consideration of Approval of Agreement with Coachella valley
Unified School District.
a) Minute Order Action
CONSENT CALENDAR
1. Approval of Minutes March 19, 1991.
2. Approval of Acquisition and Confirmation of Property Located
on Jefferson and Avenue 50 and Authorization to Take All
Necessary Steps to Confirm for Redevelopment Agency Purchase
and Approval of Loan from City for Said Purchase.
3. Acceptance of Project No. 91-2 Sewer Connections and
Authorization to File Notice of Completion.
CLOSED SESSION
ADJOURNMENT
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ing -> 10Y 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 April 2, 1991 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, March
29, 1991.
DatjZi:ZMa,Zch Z
La Quinta, Redevelopment Agency
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ptmr.TC Z Z Z I
RESOLUTION NO. gi
RESOLUTION OF NECZSSTTY OF TZE LA OUTMTA
REDZZfl!LOPMENT AGENCY DZTEZIN!NG ANfl DECLARING
THAT THE PUZLTC INTEREST AND NECESZTZ ZEOUIRE
Z ACOUIZIZION EY EM!NENT DONATN OF THE PROPERTY
ZOWN AS AP NO 7Zg-15d-noR AND LOCATED AT
THE SpZEAST CORNER OF AVENIDA HERNm,AS
ANDZALLE AMIGO FOR REDZVELOpMENT.
AND DIRECTTNG AND AUTHORIZING Z
ATTORN!YZ AGEZCY SPECIAL COUNSEL AND AGENCY
CONDZATTON COUNSEL TO PREPAREZ COMMENCE
AND PROCECUTE ACTION(ZZ TN THE ZUPER!OR COURT
ZF THE STATE OF CALIFORNIA FOZ Z
COUNTY OF RIVERSIDE FOR THE purpose OF
CONDEMNING ANfl ACOIXIRTNG TZE PROPERTY
WHEREAS, the legal notice of intention to adopt a
Resolution of Necessity to acquire by eminent domain the
hereinafter described property in fee simple was duly given by
the La Quinta Redevelopment Agency pursuant to and in
compliance with the requirements of Section 3.245.235 of the
California Code of Civil Procedure; and
WHEREAS1 the La Quinta Redevelopment Agency held a public
hearing on those matters specified in the Notice of Intention
to Adopt a Resolution of Necessity and hal provided all person.
present a reasonable opportunity to appear and be beard on
those matters referred to California Code of Civil procedure
Section 1240.030;
NOW, THEREFORE, ZE 7ZT RESOLVED that the La Quinta
RedevelQpment Agency hereby declares, finds and determines that.Z
1 The public interest and necessity require the removal
of blight and the construction, operation and maintenance of a
redevelopment project by the La Quinta Redevelopment Agency on
certain real prop.rty including that legally described on
Exhibit A5 which is attached hereto and incorporated herein as
thouZh set forth in full, commonly referred to as the 5.34
acres or 232,610 *quare feet of the property located it the
southeast corner of Avenida Bermudas and Calle Amigo in La
Quinta, California, and is also known as Asmeaaor Parcel No.
769-l54-008Z located in the City of La Quinta, County of
Riverside, State of California the NPropertyN)3
2. The public interest and necessity require the
acquisition and Zaking of fee *simple interest in the Property
for the removal of blight and for a redevelopment pZoject by
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MEETING DATE: April 2, 1991 AGENDA CATEGORY:
PUBLIC HEARING:
ITEM TITLE:
BUSINESS SESSION:
CONSIDERATION OF APPROVAL OF AGREEMENT WITH CONSENT CALENDAR:
COACHELLA VALLEY UNIFIED SCHOOL DISTRICT.
STUDY SESSION:
BACKGROUND:
See attached.
FISCAL IMPLICATIONS:
See attached.
APPROVED BY:
RECOMMENDATION:
Approve the attached Agreement for Cooperation between the Coachella Valley
Unified School District and the City of La Quinta and the La Quinta
Redevelopment Agency and authorize the execution of the agreement.
Submitted by: Approved for submission to
Chairman and members of the La
Quinta Redevelopment Agency:
Signature RON KIEDROWSKI, CITY MANAGER
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MEETING DATE: April 2, 1991 AGENDA CATEGORY:
PUBLIC HEARING:
ITEM TITLE:
BUSINESS SESSION:
ACQUISITION AND CONFIRMATION OF PROPERTY
LOCATED ON JEFFERSON AND AVENUE 50 AND CONSENT CALENDAR:
AUTHORIZATION TO TAKE ALL NECESSARY STEPS TO
CONFIRM FOR REDEVELOPMENT AGENCY PURCHASE. STUDY SESSION:
BACKGROUND:
See attached.
FISCAL IMPLICATIONS:
See attached.
APPROVED BY:
RECOMMENDATION:
Authorization for City Manager to execute all documents necessary for
confi?mation of said purchase and approval of loan from the City for said
purchase.
Submitted by: Approved for submission to
Chairman and members of the La
Quinta Redevelopment Agency:
gn;ZZre RON KIEDROWSKI, CITY MANAGER
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MEMORANDUM
TO: The Honorable Mayor and Members of the City Council
FROM: Thomas P. Genovese, Assistant City Manager
DATE: March 28, 1991
SUBJECT.Z ACQUISITION AND CONFIRMATION OF PROPERTY LOCATED ON
JEFFERSON AND AVENUE 50 AND AUTHORIZATION TO TAKE ALL
NECESSARY STEPS TO CONFIRM FOR REDEVELOPMENT AGENCY
PURCHASE AND APPROVAL OF LOAN FROM CITY FOR SAID PURCHASE.
Attached are the escrow instructions for the property located at the
north-west corner of Jefferson and Avenue 50. The site is approximately
64 acres in size and is composed of two parcels of which are
approximately 25 acres and 39 acres respectively. The purchase price of
the property is less than that of comparable prices in the local area
and the actual sales price is based on net usable acre after all public
dedication at the price of $70,000 per acre. The final sales price
therefore will be determined prior to the close of escrow after a
complete survey has been conducted.
The total estimated purchase price of the property is as follows:
$ 1,085,000 Cash due at close of escrow 25% of final
purchase price).
$ 1,085,000 Cash due on or before August 1, 1991 25% oZ
final purchase price) plus accrued interest.
$ 2,170,000 Payable in five 5) equal annual payments on
August 1, 1992-1996 plus accrued interest.
$ 4,340,000
The interest rate on the amount not paid at the close of escrow shall be
9% per annum from the date of escrow. The total estimated purchase
price with interest is $5,023,452.
The property will be purchased by the Redevelopment Agency Project Area
No. 2 and will be accomplished by a loan from the City to Project Area
No. 2.
Recommendation:
Authorization for City Manager to execute all documents necessary for
confirmation of said purchase and approval of loan from the City for
said purchase.
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