Loading...
1993 12 21 RDAing -> 11% G z IQe?ue?ment enct' 8'uL Cr',y COUNCIL CHAMBER 7??95 Calle Tampico La Quinta, CaIif?mia 92253 Regular Meeting December 21, 1993 3:00 P.M. CAll TO ORDER Beginning Res. No. RA 93-13 a Roll Call CONFIRMATION OF AGENDA APPROVAL OF MINUThS a Approval of Minutes of December 7, 1993. PUBUC COMMENT BUSINESS SESSION 1 CONSIDERATION OF RESOLUTION APPROVING THE PURCHASE OF CERTAIN REAL PROPERTY PURSUANT TO A PURCHASE AND SALE AGREEMENT BY AND BETWEEN LANDMARK LAND COMPANY OF CALIFORNIA, INC. AND THE LA QUINTA REDEVELOPMENT AGENCY. A) RESOLUTION ACTION. 2. CONSIDERATION OF RESOLUTION APPROVING AN OWNER PARTICIPATION AGREEMENT BY AND BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND KOENIG COMPANIES MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH. A) RESOLUTION ACTION. 000001 BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11%3. CONSIDERATION OF RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT BY AND BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND THE DESERT SANDS UNIFIED SCHOOL DISTRICT AND MAKING CERTAIN FINDINGS LA QUINTA REDEVELOPMENT PROJECT, AS PROPOSED TO BE AMENDED). A) RESOLUTION ACTION. 4. CONSIDERATION OF RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT BY AND BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND THE DESERT COMMUNITY COLLEGE DISTRICT AND MAKING CERTAIN FINDINGS LA QUINTA REDEVELOPMENT PROJECT, AS PROPOSED TO BE AMENDED). A) RESOLUTION ACTION. 5. CONSIDERATION OF AMENDMENT TO REDEVELOPMENT AGENCY BYLAWS. A) MINUTE ORDER ACTION. CONSENT CAU?NDAR 1. APPROVAL OF DEMAND REGISTER DATED DECEMBER 21, 1993. 2. RECEIVE AND FILE THE ANNUAL AUDIT REPORT FOR THE LA QUINTA REDEVELOPMENT AGENCY AND APPROVAL TO PREPARE THE STATE CONTROLLERS REPORT AND TRANSMIT TO THE STATE. 3. CONSIDERATION OF RESOLUTION AUTHORIZING A LOAN FROM THE LOW AND MODERATE INCOME HOUSING FUND TO PAY THE STATE MANDATED AMOUNT TO THE EDUCATIONAL REVENUE AUGMENTATION FUND. 4. CONSIDERATION OF RESOLUTION DETERMINING THAT THE USE OF CERTAIN REAL PROPERTY LANDMARK LAND COMPANY) FOR PUBLIC IMPROVEMENTS IS OF PUBLIC BENEFIT TO THE REDEVELOPMENT PROJECT AND THE IMMEDIATE NEIGHBORHOOD IN WHICH THE PROJECT IS LOCATED AND DETERMINING THAT THERE ARE NO OTHER REASONABLE MEANS OF FINANCING SAID PUBLIC IMPROVEMENTS. DEPAR'IMENT REPORTS CHAIR AND BOARD MEMBERS' rlm!S PUBUC HEARINGS NONE 000002 BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11%CU)SED SESSION A. DISCUSSION OF NEGOTIATIONS PURSUANT TO GOVERNMENT CODE SECTION 54956.S A. MIDLAND PROPERTIES PROPOSAL FOR COMMERCIAL DEVELOPMENT AT THE APPROXIMATE CORNER OF JEFFERSON AND HIGHWAY 111. B. FISCAL AGREEMENT BY AND BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND DESERT SANDS UNIFIED SCHOOL DISTRICT. C FISCAL AGREEMENT BY AND BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND DESERT COMMUNITY COLLEGE DISTRICT. B. DISCUSSION OF ON?OING LITIGATION PURSUANT TO GOVERNMENT CODE SECTION 54956 9(A) 1 RIVERSIDE COUNTY INTERPLEADER ACTION CASE NO.23499 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 December 21, 1993 was posted on the outside entry to the Council Chamber, 78495 Calle Tampico and on the bulletin board at the La Quinta Chamber of Commerce on Friday, December 17, 1993. UNDRA L. J LA, Secretary La Quinta Redevelopment Agency 000003 BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11% J--aI??. REDEVELOPMENT AGENCY MEETING DATE: December 21, 1993 AGENDA CATEGORY: PUBLIC HEARING: ITEM TITLE: Consideration of a Resolution of The La Quinta BUSINESS SESSION: Redevelopment Agency approving the purchase of certain real property CONSENT CALENDAR. pursuant to a purchase and sale agreement by and between Landmark STUDY SESSION: Land Company of California, Inc. and The La Quinta Redevelopment Agency SUAMARY: The Redevelopment Agency has completed negotiations with Landmark Land of California and the Resolution Trust Corporation in regards to the acquisition of a 36 acre site north of Tampico. The proposed acquisition is intended to facilitate the development of a single family housing project, a senior housing project and the construction of an elementary school for Desert Sands Unified School District. FISCAL IMPLICATIONS: Acquisition of the referenced site will require the expenditure of approximately $1.4 million dollars of Project Area No. 1 Housing Funds. Funds for the acquisition of the property and project co?np1etion are available in the referenced fund. APPROVED BY:__________________ RECOMNENDATION: Approve Resolution No. 93- of heLaQuinta Redevelopment Agency approving the purchase of certain real property pursuant to a purchase and sale agreement by and between Landmark Land Company of California, Inc. and the La Quinta Redevelopment Agency Attachment 1), and approve the letter agreement for Professional Service cost reimbursement with the Williams Development Corporation. Submitted by: Approved for submission to the Thomas P. Genovese Redevelopment Agency Board: Assistant Executive Director t?i1LWTh Signature ROBERT L. KUNT, EXECUTIVE DIRECTOR 000004 BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11% iiQ(44?aiftt? TO: The Honorable Chair and Members of the Redevelopment Agency Board FROM: Thomas P. Genovese, Assistant Executive Director DATE: December 21, 1993 RE: Purchase and Sale Agreement for the Acquisition of Property Owned by Landmark Land Co?any of California, Inc./Resolution Trust Corporation ISSUE: The La Quinta Redevelopment Agency YIAgeflcy1Y) proposes to purchase a 36 gross acre site from Landmark Land of California, Inc. Seller") and negotiate with the proposed developer Williams Development Corporation) to construct an 11 acre single family home development including a 5 acre park and retention basin), and an 8 acre senior citizens multifamily development. Twelve 12) acres of the site are contemplated to be sold to the school district for development as an elementary school. BACKGROUND. The Agency and Seller propose to enter into a Purchase and Sale Agreement Attachment 3) involving approximately 36 gross acres of undeveloped land bounded by Calle Tampico, Washington Street, and Avenida Berrrtudas with the north boundary being the golf course and flood channel. The 36 acres consists of three 3) parcels which individually consist of 30.9 gross acres, 2 gross acres, and 3?25 gross acres. Presently, all three 3) parcels are undeveloped with natural vegetation growing on the site. The terrain is flat and generally ready to accept development. In order to accommodate the proposed development and uses, the Agency, upon acquisition of the 36 acre site from the Seller, intends to sell approximately a 12 acre site to the Desert Sands School District for a new elementary school, sell approximately 19 acres for a very low, low, and moderate income single family home development and senior citizens multifamily development to the proposed Developer, and complete development of a 5 acre park site/retention basin area. 000005 BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11% NOTEXTPAGE BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11% NOTEXTPAGE BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11% NOTEXTPAGE BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11% NOTEXTPAGE BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11% NOTEXTPAGE BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11%B z REDEVELOPMENT AGENCY MEETING DATE: December 21, 1993 AGENDA CATEGORY: PUBLIC HEARING: ITEM TITLE: Consideration of a Resolution of the La Quinta Redevelopment Agency BUSINESS SESSION: A Approving the Owner Participation Agreement By and Between the La Quinta Redevelopment CONSENT CALENDAR: Agency and Koenig Companies Making Certain Findings in Connection Therewith STUDY SESSION: SUMMARY: The Koenig Companies Developer") have proposed to develop an 86,000 square foot neighborhood commercial center on a 9.2-acre site located on the northwest corner of Washington Street and Calle Tampico. In order to facilitate the property's development, the Developer is seeking Agency financial assistance in the approximate present value amount of $125,000 for the cost of construction of three traffic signals which would serve the Center and surrounding area. FISCAL IMPLICATIONS: The cost for the signal at the intersection of Washington Street and Calle Tampico has already been funded by the City. Upon development of the project, the Developer would be required to reimburse the City for approximately $25,000 for the signal. Approval of the Agreement will relieve the Developer of the responsibility of reimbursement to the City of the approximate $25,000 for the signal at Washington Street and Calle Tampico. Additionally, the Redevelopment Agency will be responsible for the cost of the remaining signals referenced, when said signals are required. No immediate cost is anticipated to the Redevelopment Agency. APPROVED BY: RECOMMENDATION: Approval of Resolution No. of the La Quinta Redevelopment Agency approving an Owner Participation Agreement By and Between the La Quinta Redevelopment Agency and the Koenig Companies making certain findings in connection therewith. Submitted by: Approved for submission to the Thomas P. Genovese, Chair and Members of the La Assistant Executive Director Quinta Redevelopment Agency: ijLL&ffi4i 000066 Signature Robert L. Hunt, Executive Director BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11%IREDEVELOPMENT AGENCY AGENDA CATEGORY: MEETING DATE: December 21, 1993 PUBLIC HEARING: ITEM TITLE: Consideration of Resolution Authorizing Execution of An Agreement By and BUSINESS SESSION: Between The La Quinta Redevelopment Agency And the Desert Sands Unified School District CONSENT CALENDAR: And Making Certain Findings La Quinta Redevelopment Project, As Proposed To Be STUDY SESSION: Amended) SUMMARY: Agency staff has conducted a series of discussions with representatives of Desert Sands Unified School District District") regarding the proposed amendment to the Redevelopment Plan for La Quinta Redevelopment Project No. 1 Plan Amendment"). The purpose of these discussions was to identify the extent to which the proposed Plan Amendment might cause financial detriment to the District, and discuss ways in which the Agency may mitigate these impacts. Pursuant to Health and Safety Code Sections 33338.1 and 33401, Agency staff has prepared the following proposed Fiscal Agreement to alleviate any fiscal detriment and burden suffered by the District as a result of the Plan Amendment. Agency staff requests Closed Session discussions regarding the terms of negotiation prior to action on this item. FISCAL IMPLICATIONS: The proposed Fiscal Agreement provides that the Agency shall commence pass-through payments to the District in the fiscal year following the fiscal year in which the Agency would reach the $300 million tax increment limit, projected to be 2008-09. The specific terms of the Agreement are identified in the staff report. APPROVED BY: RECOMMENDATION: Adoption of Resolution No. authorizing execution of an agreement by and between the La Quinta Redevelopment Agency and the Desert Sands Unified School District and making certain findings with respect to the proposed Plan Amendment to Project No. 1. Terms of the agreement are subject to final approval of the Executive Director and the Agency Counsel. Submitted by: Approved for submission to Thomas P. Genovese, the Chair and Members of the Redevelopment Assistant Executive Director Agency 000073 Signature ROBERT L. HUNT, EXECUTIVE DIRECTOR BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11%O VAAAA!(??WiJ?Ut4(ii REDEVELOPMENT AGENCY AGENDA CATEGORY: MEETING DATE: December 21, 1993 PUBLIC HEARING: ITEM TITLE: Consideration of a Resolution authorizing execution of BUSINESS SESSION: an Agreement by and between the La Quinta Redevelopment Agency and the CONSENT CALENDAR: Desert Community College District and making certain findings with STUDY SESSION: respect to the proposed Plan Amendment to Project No. 1. SUXKARY.. Agency Staff has conducted a series of discussions with representatives of Desert Community College District District") regarding the proposed amendment to the Redevelopment Plan for La Quinta Redevelopment Pro?ect No. 1 Plan Amendment!!) The purpose of these discussions was to identify the extent to which the proposed Plan Amendment might cause financial detriment to the District, and discuss ways in which the Agency may mitigate these impacts. Pursuant to Health and Safety Code Sections 33338.1 and 33401, Agency staff has prepared the following proposed Fiscal Agreement to alleviate any fiscal detriment and burden suffered by the District as a result of the Plan Amendment. Agency staff requests Closed Session discussion regarding the terms of negotiation prior to action on this item. FISCAL IMPLICATIONS: The proposed Fiscal Agreement provides that the Agency shall commence pass-through payments to the District in the fiscal year following the fiscal year in which the Agency would reach the $300 million tax increment limit, projected to be 2008-09. The specific terms of the Agreement are identified in the staff report. APPROVED BY:__________________ RECOMNENDATION: Adoption of Resolution No. authorizing ecution of an agreement by and between the La Quinta Redevelopment Agency and the Desert Community College District and making certain findings with respect to the proposed Plan Amendment to Project No. 1. Terms of the Agreement are subject to final approval of Executive Director and Agency Counsel. Submitted by: Approved for submission to Thomas P. Genovese City Cou?ci1: Assistant Executive Director ftLL?? Signature ROBERT L. HUNT, EXECUTIVE DIRECTOR nnnn7Q BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11%U ftQo?A?al#(t'? z REDEVELOPMENT AGENCY MEETING DATE: December 21, 1993 AGENDA CATEGORY: ITEM TITLE: Consideration of Amendment PUBLIC HEARING: to Redevelopment Agency Bylaws BUSINESS SESSION: CONSENT CALENDAR: STUDY SESSION: SUAMARY: At the December 7, 1993 City Council Meeting, the City Council approved an Amendment to City Council's Rules of Procedure to Adopt Protocol in the Absence of the Mayor and Mayor Pro Tempore Attachment 1). At the direction of the Agency Board, staff has reviewed the Redevelopment Agency Bylaws Attachment 2) and requests Agency consideration of amending Section 2.11, the Bylaws regarding absences and vacancies. The referenced Section indicates that in the temporary absence of the Chair and Vice-Chair, the Agency Members shall elect a Member present as temporary Chair for the purpose of conducting meetings and performing duties of the Chair. To remain consistent with the City Council action of December 7th, staff requests that Section 2.11 of the Agency Bylaws be amended to indicate that the senior Board Member would act as Presiding Officer. In the event there are two Board Members with equal seniority, then the Agency Member who received the highest number of votes in the general municipal election would operate as the Presiding Officer. This will eliminate the need for Agency Members to elect one of the Members present as a temporary Chair. Attachment 3 is a proposal from Council Member Perkins for the Board's consideration. Should the Agency Board proceed with the proposed reorganization, it would require an amendment to Section 2.02 and 2.03 of the Agency Bylaws. Additionally, staff will complete all *housekeeping" items required to update the Bylaws, such as the Civic address. FISCAL IMPLICATIONS: None APPROVED BY: RECOMMENDATION: Direct staff to proceed with the Amendment of the Redevelopment Bylaws as follow: 1) Complete *housekeeping? items, 2) Amend Section 2.11 as indicated in this report, 3) Make any changes required pursuant to Agency action regarding Council Member Perkin's memorandum. Submitted by: Approved for submission to Thomas P. Genovese, Chair and Members of the La Assistant Executive Director Quinta Redevelopment Agency: x, 000085 Signature Robert L. Hunt, Executive Director BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11%p CL' 4, REDEVELOPMENT AGENCY AGENCY MEETING DATE: DECEMBER 21, 1993 AGENDA CATEGORY: ITEM TITLE: PUBLIC HEARING: BUSINESS SESSION: Demand Register DECEMBER 21, 1993 CONSENT CALENDAR: STUDY SESSION: BACKGROUND: Prepaid Warrants: 17020-17059 $37,913.38 17019,17060-69,17188-90 175,881.05 PIR 9377 9445 $61,702.20 CITY DEMANDS $407,760.27 Payable Warrants: 17197 17270 $790,677.38 RDA DEMANDS $658,413.74 $1,066,174.01 $1,066,174.01 FISCAL IMPLICATIONS: APPROVED BY:? Demand of Cash RDA $658,413.74 RECOMMENDATION: Approval of Demand Register Submitted by: Approved for submission to AGENCY BOARD ign e ROBERT L. HUNT EXECUTIVE DIRECTOR 000112 BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11% OF REDEVELOPMENT AGENCY MEETING DATE: December 21, 1993 AGENDA CATEGORY: PUBLIC HEARING: ITEM TITLE: Receive and file the Annual Audit Report for the La Quinta Redevelopment Agency and Approval to Prepare the State Controllers Report and Transmit to the State BUSINESS SESSION: CONSENT CALENDAR: STUDY SESSION: SUMMARY: The Redevelopment Agency has concluded its annual financial report. Additionally, the Redevelopment Agency staff is finalizing the State Controller's report required to be submitted to the State of California no later than December 31, 1993. FISCAL IMPLICATIONS: None APPROVED BY: RECOMMENDATION: Receive and file the La Quinta Redevelopment Agency Financial Report for fiscal year 1992-93 and direct staff to prepare and submit the annual State Controller's Report to the state legislative body. Submitted by: Approved for submission to the Thomas P. Genovese Redevelopment Agency Board: Assistant Executive Director Signature ROBERT L. HUNT, EXECUTIVE DIRECTOR 000124 BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11% * REDEVELOPMKRT AGENCY MEETING DATE: December 21, 1993 AGENDA CATEGORY: PUBLIC HKARING: ITEM TITLE: Consideration of A Resolution of the Redevelopment Agency Authorizing a BUSINESS SESSION: Loan from the Low and Moderate-Income Housing Fund to Pay the State Mandated Amount to the CONSENT CALENDAR; 3. Educational Revenue Augmentation Fund STETDY SESSION: SUMMARY: Pursuant to Section 33681.5 of the Health and Safety Code, the Agency is required to remit to the County Auditor-Controller $551,093 to satisfy the State-mandated payment to the Educational Revenue Augmentation Fund ERAF). Because the Agency does not have sufficient monies in either the Capital Projects Fund or Debt Service Fund from which to ma?e the required ERAF payment, Agency staff is recommending that the Housing Fund for Project No. 1 loan the Debt Service Fund the required $551,093 ERAF payment. FISCAL IMPLICATIONS: Requires the Debt Service Fund of Project Area No. 1 to borrow approximately $551,093 from the Low and Moderate-Income Housing Fund to fund the State-mandated ERAF payment. APPROVED BY: RECOMXNDATION: Approval of Resolution No. approving the Redevelopment Agency to authorize a loan from the Low and Moderate-Income Housing Fund to pay the State-mandated amount to the Educational Revenue Augmentation Fund. Submitted by: Approved for submission to the Thomas P. Genovese, Chair and Members of the La Assistant Executive Director Quinta Redevelopment Agency: Signature Robert L. Hunt, Executive Director 000153 BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02 ing -> 11% z JI r REDEVELOPMENT AGENCY MEETING DATE: December 21, 1993 AGENDA CATEGORY: PUBLIC HEARING: ITEM TITLE: Consideration of a Resolution of the La Quinta Redevelopment BUSINESS SESSION: Agency determining that the use of I certain real property for public CONSENT CALENDAR: improvements is of public benefit to the Redevelopment project and STUDY SESSION: the immediate neighborhood in which the project is located and determining that there are no other reasonable means of financing said public improvements. SUNKARY: The Redevelopment Agency has completed negotiations with Landmark Land of California and the Resolution Trust Corporation in regards to the acquisition of a 36 acre site north of Tampico. Under the terms of the proposed Purchase and Sale Agreement for the acquisition of the site, the City and the Redevelopment Agency has provided, as part of the negotiations of the agreement, a right for the seller to evacuate water from an adjoining site to the City's flood water evacuation system. The attached Resolution and Public Improvement Agreement provide for the referenced evacuation. Any increase in drainage line capacity shall be the expense of Landmark Land. Details regarding the Purchase and Sale Agreement are provided in the Redevelopment Agency Business Session Item 1. FISCAL IMPLICATIONS: None at this time. Acquisition of the referenced site will require the expenditure of approximately 1.4 million dollars of Project Area o. One housing funds. Funds for the acquisition and project completion are available in the referenced fund. APPROVED BY 77 RECOMMNNDATION: Approval of the Resolution of the La a Redevelopment Agency determining that the use of certain real property for public improvements is of public benefit to the Redevelopment project and the immediate neighborhood in which the project is located and determining that there are no other reasonable means of financing said public improvements. Submitted by: Approved for submission to the Thomas P. Genovese Redevelopment Agency Board: tive? Ajys,;?;t?t? E:??;i:?? ALiL??I f? I? Signature ROBERT L. HUNT, EXECUTIVE DIRECTOR 000160 BIB] 04-14-1999-U01 11:12:29AM-U01 ADMIN-U01 RDA-U02 12-U02 21-U02 1993-U02