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1992 01 07 RDAing -> 10P Th?\Th 78-105 CALLE ESTADO LA QUINTA, CALIFORNIA 92253 619) 564-224R EDE?E I-aFME ND? CITY COUNCIL CHAMBERS 78-105 Calle Estado La Quinta, California 92253 REGULAR MEETING January 7, 1992 3:00 P.M. CALL TO ORDER Beginning Res. No. RA 92-1 a) Roll Call APPROVAL OF MINUTES of December 17, 1991. PUBLIC HEARINGS BUSINESS SESSION 1. Consideration of Development Program for The village at La Quinta as Submitted by TMC. a) Minute Order Action. 2. Report Regarding proposal Submitted by Stockman Development Co. for Construction of Subsidized Housing in the Cove. a) Minute Order Action. 3. Discussion Regarding an Amendment to the Agreement with Coachella valley Housing Coalition Regarding Self-Help Housing in the Cove. a) Minute Order Action. 4. Approval of Extension of Negotiation Agreement with Russ Beckner, dba RGB Commercial Development, for the Development of the Highway 111 Corridor Area. a) Minute Order Action. 000001 CONSENT CALENDAR 1. Award of Bid for Project No. 91-18 Sewer Hook-Up in the Cove to Low Bidder Econo Sewer Service in the Amount of $24,850.00. BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 CLOSED SESSION a. Discussion of negotiations pursuant to Government Code Section 54956.8 Development Agreement with TMC re: Village Proposal Disposition and Development Agreement with Stockman Amendment to Owner/participation Agreement La Quinta Real Estate Partnership Cliffhouse Restaurant Project) Agreement with C. V. Housing Coalition Desert Villas Senior Housing Project 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 January 7, 1992 was posted on the outside entry to the Council Chamber, 78-105 Calle Estado and on the bulletin board at the La Quinta Chartiber of Comerce on Friday, January 3, 1992. Dyed; nuarY 3, 1992. JUHOLA, City Clerk City of La Quinta, California OL)rdOO2 BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10REDEVELOPMENT AGENCY MEETING DATE: January 7, 1992 AGENDA CATEGORY: PUBLIC HEARING: ITEM TITLE: BUSINESS SESSION: I CONSIDERATION OF DEVELOPMENT PROGRAM FOR THE VILLAGE AT LA QUINTA AS SUBMITTED BY TMC. CONSENT CALENDAR: STUDY SESSION: BACKGROUND: Attached is a proposed Comprehensive Development Program for the Village at La Quinta. We are requesting your review of the proposal and subsequent direction on which elements of the proposal you desire to proceed with. FISCAL IMPLICATIONS: APPROVED BY: RECOMMENDATION: Direct staff as deemed appropriate. Submitted by: Approved for submission to Chairman and members of the La Quinta Redevelopment Agency: Signature RON KIEDROWSKI, CITY MANAGER 000003 BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10REDEVELOPMENT AGENCY MEETING DATE: January 7, 1992 AGENDA CATEGORY: PUBLIC HEARING: ITEM TITLE: BUSINESS SESSION: REPORT REGARDING PROPOSAL SUBMITTED BY STOCKMAN DEVELOPMENT COMPANY FOR CONSTRUCTION CONSENT CALENDAR: OF SUBSIDIZED HOUSING IN THE COVE. STUDY SESSION: BACKGROUND: As you are aware, the Redevelopment staff has been working with the Stockman Development Company regarding a proposal to provide low and moderate housing in the City of La Quinta. The Redevelopment Agency attorney is currently preparing an outline for discussion. This outline will address specific points of the proposal for discussion by the Agency Members and will be available during the Agency meeting. FISCAL IMPLICATIONS: APPROVED BY: RECOMMENDATION: Direct staff as deemed appropriate. Submitted by: Approved for submission to Chairman and members of the La Quinta Redevelopment Agency: Signature RON KIEDROWSKI, CITY MANAGER OOi)OO8 BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10REDEVELOPMENT AGENCY MEETING DATE: January 7, 1992 AGENDA CATEGORY: PUBLIC HEARING: ITEM TITLE: BUSINESS SESSION: DISCUSSION REGARDING AN AMENDMENT TO THE AGREEMENT WITH COACHELLA VALLEY HOUSING CONSENT CALENDAR: COALITION REGARDING SELF-HELP HOUSING IN THE COVE. STUDY SESSION: BACKGROUND: Attached is correspondence regarding the referenced housing program. The Agency is currently considering a modification to the Agreement with CVHC as referenced in the attached correspondence. The Agency staff and housing consultant will be available at the meeting for comment regarding the proposed amendment. FISCAL IMPLICATIONS: APPROVED BY: RECOMMENDATION: Direct staff as deemed appropriate. Submitted by: Approved for submission to Chairman and members of the La Quinta Redevelopment Agency: Signature RON KIEDROWSKI, CITY MANAGER OO()O99 BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 I?JnEG2T?fLJ Coachella Valley Housing Coalition PLAZA 1, 45-701 MONROE STREET, SUITE G, INOIO, CA 92201 TEL 819)347-3157 FAX 619)342-8468 December 24, 1991 Mr Frank Spevacek Rosenow Spevacek Group Inc. 540 North Golden Circle, Suite 305 Santa Ana, CA 92705 Subject: La uinta Self-Help Pro?am Use of Housing Set-Aside Funds for Land Acquisition and Construction Dear Frank, This letter is written to fol low up on our conversation last week in Ron Kiedrowski's office and restates the requests we made for additional assistance from the La Quinta Redevelopment Agency Agency). We request that the contract signed between th(? Agency and the Coache 1 la Valley Housing Coal It ion he rev i sed to provide the use of Agency 20% Housing Set-aside fu'.?ds for. the a(.q".] sj' tion of 20 lot?s and to provlde for the funds sed fo? ot c(1?1 I Si Lion to roll o',?er and become deferred loar?s to t1?e I)?rtic i p:??t i r?g families upon completion of construct?'on and close of esciow of each of homes Under' the ci?rren t contract t?e ency has committed $300 000 in construction financing which will ro] 1 o?'er s $15,000 deferred loans to the i ndiv i dual partIcIpating ou5etio 1(is The proposed revision calls for the Agency's contvibu Li or Lo Uc ii?c i-eased to $600,000, of which approximately $500,000 would he used for lot purchases, and the balance for construction. The entire $600,000 wor?id convert into deferred loans averaging $30,000 to each of the 20 families. The amount of the individual loan to each family would depend upon that family's need. The deferred loans would be gap financing" a'.?d would fill in the difference between what each family is able to borrow from CHFA and the cost of constiucting that famIly' S home. CHFA wil] make mortgage oans that can be serviced by 29% ci' a family's Income That Is, monthly housIng payments mortgage I'r incipal interest, taxes and itil ities caimot excee? 30% of the l)orrower' 5 gross monthly income. This limi ts the amount tI?at lowe'. income families can borrow to abo?it $55,000. The total cosj of- Lhe homes ill average $?5,000. The $30,000 deferred loan from the Agency makes up the difference between what the average family can borrow from CHFA and what its house will cost. A Non-Profit Cofporarion 0 0 014 BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10REDEVELOPMENT AGENCY MEETING DATE: January 7, 1992 AGENDA CATEGORY: PUBLIC HEARING: ITEM TITLE: BUSINESS SESSION: APPROVAL OF EXTENSION OF NEGOTIATION AGREEMENT WITH RUSS BECKNER, DOING BUSINESS AS DBA): CONSENT CALENDAR: RGB COMMERCIAL DEVELOPMENT, FOR THE DEVELOPMENT OF THE HIGHWAY ill CORRIDOR AREA. STUDY SESSION: BACKGROUND: Attached is the Negotiation Agreement for the purposes of development and master planning of the Highway 111 Corridor area. The term of the Agreement was 90 days. Russ Beckner, DBA: RGB Comercial Development, is proposing a six-month extension of the agreement. FISCAL IMPLICATIONS: None at this time. APPROVED BY: RECOMMENDATION: Authorize the six-month extension of the Negotiation Agreement with Russ Beckner, DBA: RGB Commercial Development. Submitted by: Approved for submission to Chairman and members of the La Quinta Redevelopment Agency: RON KIEDROWSKI, CITY MANAGER ignature ooois..? BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10 NOTEXTPAGE BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02 ing -> 10COUNCIL MEETING DATE: AGENDA CATEGORY: PUDLIC HEARING: ITEM TITLE: BUSINESS SESSION: Acceptance of Bid and Awarding of Contract to CONSENT CALENDAR: Econo Sewer Service, Inc. STUDY SESSION: BACKGROUND: After advertising for proposals to connect to the sewer and abandon existing systems, four bids were received by the City: Econo Sewer Service, Inc. Hendrickson Construction Inc. Palm Desert $24,850.00 Cathedral City $39,623.00 Brooks & Associates J & S Paving Co., Inc. La Quinta $49,800.00 Palm Springs $50,920.00 FISCAL IMPLICATIONS: Econo Sewer Service, Inc is apparently the low bidder at $24,850.00. APPROVED BY: RECOMMENDATION: Staff recommends acceptance of bid and the awarding of contract to Econo Sewer Service, Inc. Submitted by: Approved for submission BUILDING & SAFETY DEPT. to City Council: TOM HARTUNG? RON KIEDROWSKI BUILDING & SAFETY DIRECTOR CITY MANAGER OOOO2? BIB] 02-23-1999-U01 04:51:54PM-U01 ADMIN-U01 RDA-U02 01-U02 07-U02 1992-U02