Loading...
2002 10 15 RDA� 5 4 4v 49&ro Imo' Sw� Redevelopment Agency Agendas are G�hr OF available on the City's Web Page @ www.la-quinta.org Redevelopment Agency Agenda CITY COUNCIL CHAMBER 78-495 Calle Tampico La auinta, California 92253 Regular Meeting Tuesday October 15, 2002 - 2:00 P.M. Beginning Res. No. RA 2002-17 I. CALL TO ORDER Roll Call: Board Members: Adolph, Pena, Perkins, Sniff, Chairperson Henderson II. PUBLIC COMMENT At this time, members of the public may address the Redevelopment Agency on any matter not listed on the agenda. Please complete a "request to speak" form and limit your comments to three minutes. Please watch the timing device on the podium. III. CLOSED SESSION 1. CONFERENCE WITH AGENCY'S REAL PROPERTY NEGOTIATOR, MARK WEISS, PURSUANT TO GOVERNMENT CODE SECTION 54956.8 CONCERNING POTENTIAL TERMS OF ACQUISITION AND/OR DISPOSITION OF REAL PROPERTY LOCATED ON THE NORTH SIDE OF CALLE TAMPICO, WEST OF DESERT CLUB DRIVE, EMBASSY SUITES (TENTATIVE PARCEL MAP 29909, PARCEL 8). PROPERTY OWNER/NEGOTIATOR: DANNY BROWN, BISON HOTEL GROUP. 2. CONFERENCE WITH AGENCY'S REAL PROPERTY NEGOTIATOR, MARK WEISS, PURSUANT TO GOVERNMENT CODE SECTION 54956.8 CONCERNING POTENTIAL TERMS OF ACQUISITION AND/OR DISPOSITION OF REAL PROPERTY LOCATED SOUTHEAST OF THE MILES AVENUE AND WASHINGTON STREET INTERSECTION AND NORTH OF THE WHITEWATER CHANNEL (APN's: 604-040-012, 013 AND 604-040- 022, 023). PROPERTY OWNER/NEGOTIATOR: RICHARD OLIPHANT, CALIFORNIA INTELLIGENT COMMUNITIES. NOTE: Time permitting, the Redevelopment Agency Board may conduct Closed Session discussions during the dinner recess. In addition, when the Agency is considering acquisition of property, persons identified as negotiating parties are not invited into theflo d Session Meeting. RDA Agenda October 15, 2002 RECONVENE AT 3:00 PM IV. PUBLIC COMMENT At this time members of the public may address the Agency Board on items that appear within the Consent Calendar or matters that are not listed on the agenda. Please complete a "request to speak" form and limit your comments to three minutes. When you are called to speak, please come forward and state your name for the record. Please watch the timing device on the podium. For all Agency Business Session matters or Public Hearings on the agenda, a completed "request to speak" form should be filed with the City Clerk prior to the Agency beginning consideration of that item. V. CONFIRMATION OF AGENDA VI. APPROVAL OF MINUTES APPROVAL OF THE MINUTES OF OCTOBER 1, 2002. VII. CONSENT CALENDAR Note: Consent Calendar items are considered to be routine in nature and will be approved by one motion. 1. APPROVAL OF DEMAND REGISTER FOR OCTOBER 15, 2002. 2. TRANSMITTAL OF TREASURER'S REPORT DATED AUGUST 31, 2002. 3. TRANSMITTAL OF REVENUE AND EXPENDITURES REPORT DATED AUGUST 31, 2002, AND INVESTMENT SUMMARY REPORT FOR THE QUARTER ENDING SEPTEMBER 30, 2002. 4. APPROVAL OF A PARKING LICENSE AGREEMENT WITH THE BOB HOPE CHRYSLER CLASSIC. 5. ADOPTION OF A RESOLUTION OF THE BOARD OF DIRECTORS OF THE LA QUINTA REDEVELOPMENT AGENCY AUTHORIZING REPAYMENT OF THE ERAF (EDUCATION REVENUE AUGMENTATION FUND) LOAN TO THE LOW AND MODERATE -INCOME HOUSING FUND FOR PROJECT AREA 2. Vill. BUSINESS SESSION 1. CONSIDERATION OF THE USE OF FUNDS FROM LA QUINTA REDEVELOPMENT PROJECT AREA NO. 1 FOR, THE REIMBURSEMENT AGREEMENT FOR PARKWAY LANDSCAPING AT EISENHOWER DRIVE AND AVENUE 50, STREET RIGHT-OF-WAY ADJACENT TO THE LA QUINTA COUNTRY CLUB AND ADOPTION OF A RESOLUTION MAKING FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445(a). A. RESOLUTION ACTION G 2 RDA Agenda -2- October 15, 2002 IX. CHAIR AND BOARD MEMBERS' ITEMS X. PUBLIC HEARINGS JOINT PUBLIC HEARING BETWEEN THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY TO CONSIDER A PROPOSED DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE AGENCY AND SENIOR AFFORDABLE HOUSING CORP NO. 3 (SAHC). THE PURPOSE OF THE HEARING IS TO RECEIVE PUBLIC TESTIMONY ON THE PROPOSED DISPOSITION AND DEVELOPMENT AGREEMENT FOR AFFORDABLE COVENANTS WITH SAHC THAT WOULD FACILITATE SAHC TO CONSTRUCT 80 SENIOR RENTAL UNITS ON PROPERTY LOCATED AT THE SOUTHWEST CORNER OF ADAMS STREET AND AVENUE 47. SAHC WILL MAKE THE UNITS AVAILABLE AT AFFORDABLE RENTAL RATES. A. RESOLUTION ACTION(S) XI. ADJOURNMENT Adjourn to a regularly scheduled Meeting of the Redevelopment Agency to be held on November 5, 2002, commencing with closed session at 2:00 p.m.,and open session at the conclusion of the 3:00 p.m. City Council business session in the City Council Chambers, 78-495 Calle Tampico, CA 92253. G 3 RDA Agenda -3- October 15, 2002 DECLARATION OF POSTING I, June S. Greek, Secretary of the La Quinta Redevelopment Agency, do hereby declare that the foregoing agenda for the La Quinta Redevelopment Agency meeting of Tuesday, October 15, 2002, was posted on the outside entry to the Council Chambers, 78-495 Calle Tampico and on the bulletin board at the La Quinta Chamber of Commerce and at Stater Bros. 78-630 Highway 111, on Friday, October 11, 2002. DATED: October 11, 2002 �IkQA,V JUNE S. GREEK, CIVIC Agency Secretary, City of La Quinta, California PUBLIC NOTICES The La Quinta City Council Chamber is handicapped accessible. If special equipment is needed for the hearing impaired, please call the City Clerk's Office at 777-7025, 24-hours in advance of the meeting and accommodations will be made 0 4 RDA Agenda -4- October 15, 2002 T4ht 4:wQu1«tw AGENDA CATEGORY: BUSINESS SESSION COUNCIL/RDA MEETING DATE: OCTOBER 15, 2002 CONSENT CALENDAR ITEM TITLE: Demand Register Dated October 15, 2002 RECOMMENDATION• It is recommended the Redevelopment Agency Board: STUDY SESSION PUBLIC HEARING Receive and File the Demand Register Dated October 15, 2002 of which $97,960.48 represents Redevelopment Agency Expenditures. PLEASE SEE CONSENT CALENDAR ITEM NUMBER 1 ON CITY COUNCIL AGENDA 0 5 T4t!t 4 4 Q" COUNCIL/RDA MEETING DATE: October 15, 2002 Transmittal of Treasurer's Report as of August 31, 2002 RECOMMENDATION: It is recommended the La Quinta Redevelopment Agency: AGENDA CATEGORY: BUSINESS SESSION: CONSENT CALENDAR: C STUDY SESSION: PUBLIC HEARING: Receive and File the Treasurer's Report dated August 31, 2002. PLEASE SEE BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA T4ht 4 *P 0" COUNCIL/RDA MEETING DATE: October 15, 2002 Transmittal of Revenue and Expenditure Reports dated August 31, 2002 and Investment Summary Report for the Quarter Ending September 30, 2002 RECOMMENDATION: Receive and File BACKGROUND AND OVERVIEW: AGENDA CATEGORY: BUSINESS SESSION: CONSENT CALENDAR: 3 STUDY SESSION: PUBLIC HEARING: Transmittal of the August 31, 2002 Statement of Revenue and Expenditures for the La Quinta Redevelopment Agency and Investment Summary Report for the Quarter Ending September 30, 2002. Respectfully submitted, Yhn Falcon r, Finance Director A proved for submission by: homas P. Genovese, Executive Director Attachments: 1. Revenue and Expenditures Report, August 31, 2002 2. Investment Summary for the Quarter Ending September 30, 2002 0 7 ATTACHMENT 1 LA QUINTA REDEVELOPMENT AGENCY REMAINING % REVENUE SUMMARY BUDGET RECEIVED BUDGET RECEIVED PROJECT AREA NO. 1: DEBT SERVICE FUND: Tax Increment 18,048,724.00 (95,456.15) 18,144,180.15 -0.530% Allocated Interest 0.00 0.00 0.000% Non Allocated Interest 3,377.41 (3,377.41) 0.000% Interst - County Loan 0.00 0.00 0.000% Interest Advance Proceeds 490,757.00 0.00 490,757.00 0.000% Transfers In 1,738,783.00 0.00 1,738,783.00 0.000% TOTAL DEBT SERVICE 20,278,264.00 (92,078.74) 20,370,342.74 -0.450% CAPITAL IMPROVEMENT FUND: Pooled Cash Allocated Interest 0.00 0.00 0.000% Non Allocated Interest 125,000.00 144,300.28 (19,300.28) 115.440% Litigation Settlement Revenue 0.00 0.00 0.000% Loan Proceeds 0.00 0.00 0.000% Transfers In 0.00 0.00 0.000% TOTAL CAPITAL IMPROVEMENT 125,000.00 144,300.28 (19,300.28) 115.440% LOW/MODERATE TAX FUND: Tax Increment 4,512,181.00 (23,864.03) 4,536,045.03 -0.530% Allocated Interest 200,000.00 0.00 200,000.00 0.000% Non Allocated Interest 0.00 0.00 0.000% Miscellaneous revenue 0.00 0.00 0.000% Non Allocated Interest 0.00 0.00 0.000% LQRP-Rent Revenue 341,000.00 64,227.00 276,773.00 18.830% Home Sales Proceeds 150,000.00 0.00 150,000.00 0.000% Sale of land 0.00 0.00 0.000% Sewer Subsidy Reimbursements 15,231.46 (15,231.46) 0.000% Rehabilitation Loan Repayments 968.06 (968.06) 0.000% Transfer In 0.00 0.00 0.000% TOTAL LOW/MOD TAX 5,203,181.00 56,562.49 5,146,618.51 1.090% LOW/MODERATE BOND FUND: Allocated Interest 0.00 0.00 0.000% Home Sale Proceeds 0.00 0.00 0.000% Non Allocated Interest 3,883.80 (3,883.80) 0.000% Transfer In 0.00 0.00 0.000% TOTAL LOW/MOD BOND 0.00 3,883.80 (3,883.80) 0.000% i O, UG3 LA QUINTA REDEVELOPMENT AGENCY 0710112002.09131=02 REMAINING % EXPENDITURE SUMMARY BUDGET EXPENDITURES ENCUMBERED BUDGET EXPENDED PROJECT AREA NO. 1: DEBT SERVICE FUND: SERVICES 586,870.00 0.00 0.00 586,870.00 0.0% BOND PRINCIPAL 1.567.022.00 0.00 0.00 1,567.022.00 0.0% BOND INTEREST 6,991,075.00 0.00 0.00 6,991.075.00 0.0% INTEREST CITY ADVANCE 490.757.00 81,792.90 0.00 408.964.10 16.7% PASS THROUGH PAYMENTS 8,418,042.00 0.00 0.00 8,418.042.00 0.0% TRANSFERS OUT 0.00 0.00 0.00 0.0% TOTAL DEBT SERVICE 18,053,766.00 81,792.90 0.00 17,971,973.10 0.5% CAPITAL IMPROVEMENT FUND: PERSONNEL 4,9W.00 1.645.85 0.00 3.254.15 33.6% SERVICES 214.379.00 19,978.51 0.00 194.400.49 9.3% LAND ACQUISITION 0.00 0.00 0.00 0.00 0.0% ASSESSMENT DISTRICT 0.00 0.00 0.00 0.00 0.0% ECONOMIC DEVELOPMENT 569,382.00 17.882.00 0.00 551.700.00 3.1% BOND ISSUANCE COSTS 199,880.00 19.439.51 0.00 180,440.49 9.7% CAPITAL - BUILDING 0.00 0.00 0.00 0.00 0.0% REIMBURSEMENT TO GEN FUND 1,086,106.00 181,017.68 0.00 905,088.32 16.7% TRANSFERS OUT 9,315,509.77 298 318.57 0.00 9,019,191.20 3.2% TOTAL CAPITAL IMPROVEMENT 11,390,156.77 536,082.12 0.00 10,854,074.65 4.7% LOWIMODERATE TAX FUND: PERSONNEL 4,9W.00 1.645.85 0.00 3,254.15 33.6% SERVICES 239,315.00 6,040.92 0.00 233,274.08 2.5% BUILDING HORIZONS 210,000.00 0.00 0.00 210.000.00 0.0% LQ RENTAL PROGRAM 829.000.00 89,780.64 0.00 739.219.36 10.8% LO HOUSING PROGRAM 2,500,000.00 190,780.00 0.00 2,309,220.00 7.6% APARTMENT REHABILITATION 626,000.00 0.00 0.00 628,000.00 0.0% REIMBURSEMENT TO GEN FUND 206,485.00 34,414.14 0.00 172,070.86 16.7% TRANSFERS OUT 3,953,428.00 0.00 0.00 3,953,426.00 0.0% TOTAL LOWIMOD TAX 8.569.126.00 322,661.55 0.00 8.246,464.45 3.8% LOWIMODERATE BOND FUND PERSONNEL 0.00 0.00 0.00 0.0% SERVICES 0.00 0.00 0.00 0.0% REIMBURSEMENT TO GEN FUND 0.00 0.00 0.00 0.0% HOUSING PROJECTS 0.00 0.00 0.00 0.0% TRANSFERS OUT 0.00 0.00 0.00 0.00 0.0% TOTAL LOWIMOD BOND 0.00 0.00 0.00 0.00 0.0% LA QUINTA REDEVELOPMENT AGENCY REMAINING % REVENUE SUMMARY BUDGET RECEIVED BUDGET RECEIVED PROJECT AREA NO. 2: DEBT SERVICE FUND: Tax Increment 7,585,373.00 29.08 7,585,343.92 0.000% Allocated Interest 0.00 0.00 0.000% Non Allocated Interest 0.00 0.00 0.000% Interest Advance Proceeds 882,433.00 0.00 882,433.00 0.000% Transfer In 338,895.00 0.00 338,895.00 0.000% TOTAL DEBT SERVICE 8,806,701.00 29.08 8,806,671.92 0.000% CAPITAL IMPROVEMENT FUND: Allocated Interest 0.00 0.00 0.000% Non Allocated Interest 20,000.00 2.10 19,997.90 0.010% Developer Agreement 0.00 0.00 0.000% Transfers In 0.00 0.00 0.000% Proceeds from City Loan 1,100,000.00 0.00 1,100,000.00 0.000% TOTAL CAPITAL IMPROVEMENT 1,120,000.00 2.10 1,119,997.90 0.000% LOWIMODERATE TAX FUND: Tax Increment 1,896,343.00 (21,502.77) 1,917,845.77 -1.130% Developer Funding 0.00 0.00 0.000% Allocated Interest 20,700.00 0.00 20,700.00 0.000% Non Allocated Interest 0.00 0.00 0.000% Sale of Land 0.00 0.00 0.000% Transferin 0.00 0.00 0.000% TOTAL LOW/MOD TAX 1,917,043.00 (21,502.77) 1,938,545.77 -1.120% LOWIMODERATE BOND FUND: Allocated Interest 0.00 0.00 0.000% Non Allocated Interest 1,037.38 (1,037.38) 0.000% Transfer In 0.00 0.00 0.000% TOTAL LOW/MOD BOND 0.00 1,037.38 (1,037.38) 0.000% REVENUE GRAND TOTALS REMAINING % BUDGET RECEIVED BUDGET RECEIVED 101,484,292.03 3,068,400.21 98,415,891.82 3.020% 010 005 LA QUINTA REDEVELOPMENT AGENCY EXPENDITURE SUMMARY PROJECT AREA NO, 2: DEBT SERVICE FUND: 0710112002 - 081311=2 REMAINING % BUDGET EXPENDITURES ENCUMBERED BUDGET EXPENDED SERVICES 161,020.00 3,050.00 0.00 157,970.00 1.9% BOND PRINCIPAL 172,978.00 0.00 0.00 172,978.00 0.0% BOND INTEREST 586,665.00 0.00 0.00 586,665.00 0.0% INTEREST CITY ADVANCE 761,433.00 126.905.50 0.00 634,527.50 16.7% PASS THROUGH PAYMENTS 6,440,423.00 0.00 0.00 6,440,423.00 0.0% TRANSFERS OUT 0.00 0.00 0.03 0.00 0.0% TOTAL DEBT SERVICE 6.122.519.00 129,955.50 0.00 7,992,563.50 1.6% CAPITAL IMPROVEMENT FUND: PERSONNEL 2,900.00 905.85 0.00 1,904.15 34.3% SERVICES 158.774.00 2.568.42 0.00 156,185.58 1.6% ECONOMIC DEVELOPMENT ACTIVITY 126.725.00 0.00 4,870.00 121.855.00 0.0% REIMBURSEMENT TO GEN FUND 34.111.00 5.685.20 0.00 28,425.80 16.7% TRANSFERS OUT (128 433.14) 0.00 0.00 (128,433.14) 0.0% TOTAL CAPITAL IMPROVEMENT 194.076.86 9,269.47 4.870.00 179,937.39 4.8% LOWIMODERATE TAX FUND: PERSONNEL 2,900.00 995.85 0.00 1.904.15 34.3% SERVICES 197,049.00 5,607.08 0.00 191,441.92 2.8% SEWER SUBSIDIES 0.00 0.00 0.00 0.0% LO RENTAL PROGRAM 500,000.00 0.00 0.00 500,000.00 0.0% ADAMS 48TH PLANNING 50,000.00 0.00 0.00 50,000.00 0.0% LOW MOD HOUSING PROJECTS 1,598,000.00 0.00 0.00 1,598.000.00 0.0% REIMBURSEMENT TO GEN FUND 71,298.00 11,882.98 0.00 59,415.02 16.7% TRANSFERS OUT 2,623,580.69 87,792.62 0.00 2,535,794.07 _ 3.3% TOTAL LOWIMOD TAX 5,042,833.69 108,278.53 0.00 4,936,555.16 2.1% LOWIMODERATE BOND FUND PERSONNEL 0.00 0.00 0.00 0.0% SERVICES 0.00 0.00 0.00 0.0% REIMBURSEMENT TO GEN FUND 0.00 0.00 0.00 0.0% TRANSFERS OUT 2,358,964.46 0.00 0.00 2,358,964.46 0.0% TOTAL LOWIMOD BOND 2.358.964.46 0.00 0.00 2,358,964.46 0.0% Gil �b .G:o ATTACHMENT 2 Z m E E 04 4) O 2 5 N c > > CM O r N W a U Ci co Ci N Go M (� N LO v N ,n CM I--NCD 40 M r—m 1n CrD.� �1n M N N N MMM fH d N $ (p � O M COONLM�O-cnM m N =Of CD cc ^ N N m y I Oco O N Oc�1����M �M C C C r M toM N co� � M N 0 'C � pp t7ppppppppp Z Z N Z Z Z Z Z Z Z Z Z v'v 'Cv'O�v'Cv�'C c c c c c c c c c c c 7 7 7 3 7 7 7 7 7 7 7 LL LL LL LL LL LL LL LL LL LL LL C G1 d y N N N N N N N N N f0 f0 l6 l0 !0 W W W W m m C N N N N N N N N N N N O O O O O O O O O co O ar>naai> c>nc>naa �QDOQDinOQQ�O O0:w OD C p N O O� O O OD C 07 Y. GN $ CIJ 04 C 0) CD p , N , , NY mAer- i. , m fC6 C.19 to C M m C m m C m m c c m m W C6 m(6 N m j p j m m N C6 IX o pV)» fq fnfn>> 11 012 067 Tv4t 4 4 Q" COUNCIL/RDA MEETING DATE: Approval of a Parking License Agreement with the Bob Hope Chrysler Classic RECOMMENDATION: AGENDA CATEGORY: BUSINESS SESSION: October 15, 2002 CONSENT CALENDAR: STUDY SESSION: PUBLIC HEARING: Approve a Parking Service License Agreement with the Bob Hope Chrysler Classic and authorize the Executive Director to execute the agreement. FISCAL IMPLICATIONS: The Hope Classic will deposit $5,000 with the Agency, which consists of a $4,500 remediation deposit and a $500 administrative fee. The remediation deposit is refundable once the Hope Classic has performed any necessary clean up, repairs and/or replacements on the subject property to the Agency's satisfaction. The administrative fee covers administrative and attorney costs in the preparation and administration of this agreement, and is not refundable. BACKGROUND AND OVERVIEW: In the past, the Bob Hope Chrysler Classic has utilized the vacant land located at the northwest corner of Jefferson Street/Avenue 54 and at Avenue 54, west of Jefferson Street, near the All -American Canal, to provide parking for the events at PGA West. The land was previously owned by KSL, and is now owned by the Redevelopment Agency (the "Ranch"). In the attached letters, dated August 21, 2002 and September 18, 2002 (Attachments 1 and 2), the Hope Classic is requesting use of the first parcel from February 1 through February 2, 2003, and the second parcel from January 31 through February 2, 2003. The Hope Classic plans to provide parking attendants, required signage, fencing, and shuttle busses. Agency Counsel has drafted a Parking Service License Agreement (Attachment 3). This agreement is modeled after previous agreements between KSL and the Hope Classic. Per the agreement, the Hope Classic must add the City as an additional 013 insured to their general liability policy with a $5,000,000 limit and provide business auto coverage of $500,000 on all tournament vehicles used in connection with this agreement. The Hope Classic must also clean and make all necessary repairs or replacements to the property, which could include turf, landscaping, irrigation equipment, and soil stabilization measures. FINDINGS AND ALTERNATIVES: The alternatives available to the Redevelopment Agency Board include: 1. Approve a Parking Service License Agreement with the Bob Hope Chrysler Classic and authorize the Executive Director to execute the agreement; or 2. Do not approve a Parking Service License Agreement with the Bob Hope Chrysler Classic and do not authorize the Executive Director to execute the agreement; or 3. Provide staff with alternative direction. Respectfully submitted, Mark Weiss, Assistant Executive Director Approved for submission by: Thomas P. Genovese, Executive Director Attachments: 1. Letter from the Bob Hope Chrysler Classic dated August 21, 2002 2. Letter from the Bob Hope Chrysler Classic dated September 18, 2002 3. Parking License Agreement 014 002 ATTACHMENT 1 OFFIC :RS: BOB HOPE CHAIRMAN OF THE. BOARD JOHN M.FOSTER PRESIDENT AND TOURNAMENT CHAIRMAN ROBERT P. BREN.NAN FIRST VICE PRESIDENT AND .ASST. TOURNAMENT CHMN. STEVE MORTON TRE.ASVRE'R ERNIE DUNLEVIE SECRETARY JOHN CURCI ASST.SECRETARY/rREASURER DONALD B. POOLEY DIRE( TORS: ROBERT P. BRENNAN JOHN CCRCI TONY DEL GIORGIO DAN DUNLAP ERNIE DUNLEVIE JOHN EGER JOHN E. EVENSON JOHN M.FOSTE'R ROBERT J. FRAIMAN JERRYGORER JOHN LANE LARRY LICHLITER VICTOR I.,,BI'E. Jr. STEVE MORTON DAVID PEAT DONALD B. POOLEY \VI LLIAM T. POWERS JAMES R. REED \VILLIAM G. SALATICH EUGENE WEISBERG BOB HOPE CHRYSLER CLASSIC Post Office Box 865. Rancho Mirage. California 92270 Bob Hope Classic Building. 39000 Bob Hope Drive. Rancho Mirage. California 92270 (760) 346-8184 • 1-888-MR B HOFE • FAX (760) 346-6329 Web Site: www.bhec.com • E-Mail: Info hcc.com • bhechcc.com August 21, 2002 The Hon. John Pena Mayor of the City of LaQuinta P. 0. Box 1504 LaQuinta, CA 92253 Dear John; II� AUG 2 F 2002 C"Y Of Lp QUIN— A CITY MANAGER'S DEFT As you know, the Arnold Palmer Private Course at PGA West will serve as the host club for the 2003 Bob Hope Chrysler Classic. In the past, we have used the parcel on the northwest corner of Jefferson and Avenue 54 for our general parking needs during tournament week. We understand that the City of LaQuinta now owns this parcel. We are interested in using this property again for parking and ask permission to continue this usage as follows: • We will staff the area with parking attendants and provide all required signage and fencing. • We will provide buses to shuttle people to and from the parking lot to the Palmer Private Course, at our cost. • We will add the City as an additional insured under our liability policy which has limits of $5/$10 million. •1'01"R\.1\IF:\'1'1)IR[:(•l'OR Through the years, we have learned that using this parcel provides the MIC'HAELMILTHORPE safest, most efficient and effective way to park a large number of AI)NUNIS"FRn'FIN I•: DFRF:c"TOR vehicles and provide a way for members of the gallery to access the D`1WN SUGGS course. 015 004 If there is other information we can furnish, please do not hesitate to contact me. We look forward to hearing from you. Sincerely, Michael E. Milthorpe Tournament Director Cc: John Foster Larry Lichliter 0 1 F 005 ATTACHMENT 2 BOB HOPE CHRYSLER CLASSIC Post Office Box 865, Rancho Mirage, California 92270 Bob Hope Classic Building, 39000 Bob Hope Drive, Rancho Mirage, California 92270 (760) 346-8184 1-888-MR B HOPE • FAX (760) 346-6329 Web Site: wwwlbhcc.com E-Mail: info@bhcc.com • bhccadmin@desertx.com Mr Tom Genovese City Manager City of La Quinta 78-495 Calle Tampico La Quinta, CA 92253 September 18, 2002 Dear Mr Genovese, The Bob Chrysler Classic would like to request the use of property that the City owns for parking for the 2003 Golf Tournament. The property that was purchased from KSL Corporation, hs been used in past years for parking at PGA West. The first property is located at the Northwest corner of Ave 54 and Jefferson St. This would be used for Public Parking at the Tournament. This property would be used Saturday, February 1st, and Sunday, February 2nd, 2003 The second property is located on Ave 54, West of Jefferson St, toward the American Canal, the West side of the "old ranch house." This property would be used Friday, January 31st—Sunday, February 2nd for hospitality parking for the 17th Green skyboxes. I would like to thank you in advance for your consideration, it you have further questions please feel free to contact me. Sincerely, Mike Milthorpe Tournament Director 006 017 ATTACHMENT 3 PARKING SERVICE LICENSE AGREEMENT THIS PARKING SERVICE LICENSE AGREEMENT (the "Agreement") is made effective this day of October 2002, by and between the La Quinta Redevelopment Agency ("Agency") and Desert Classic Charities, dba Bob Hope Chrysler Classic ("Contractor"); RECITALS WHEREAS, Agency is the owner of certain real property located in the City of La Quinta, California, as depicted on Exhibit "A" attached hereto (the "License Property"); WHEREAS, Contractor is producing a professional golf tournament commonly known as the Bob Hope Chrysler Classic which is open to the public at one of the PGA WEST golf courses in the City of La Quinta (the "Tournament") in close proximity to the License Property; WHEREAS, in order for Contractor to manage the Tournament and provide parking and shuttle transportation for the public attending the Tournament, Contractor desires to use a portion of the License Property as a parking and staging area for shuttle service to the Tournament for use by the public, Tournament staff and volunteers; WHEREAS, subject to the terms, covenants and conditions of this Agreement, Agency is willing to grant Contractor permission of access for ingress and egress over the License Property owned by Agency, and permission to use the License Property for the limited purpose of a public parking area for vehicles and as a shuttle stop for transportation services to the Tournament (the "Parking Service") in consideration of certain undertakings with respect to the License Property by Contractor; NOW THEREFORE, in consideration of the Recitals, the mutual promises and obligations contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. GRANT, LIMITATION OF RIGHTS. Agency hereby grants to Contractor a non-exclusive, revocable license for access, ingress and egress over the License Property. Contractor hereby warrants and represents to Agency that Contractor shall return the License Property to a condition substantially as existed on the date that this Agreement is executed. 2. TERM. The "Term" of this Agreement shall commence December 15, 2002, and shall expire February 15, 2003, unless terminated earlier. 3. USE OF THE LICENSE PROPERTY. The parties acknowledge and agree that Contractor may access the License Property in conjunction with the Tournament. In this regard, during the license period only, Contractor shall have a temporary revocable license to enter upon the License Property for the purposes of furthering the Tournament. Contractor's activities upon the License Property shall be deemed to further the Tournament where the Contractor undertakes the activities for purposes of providing or dismantling the Parking Service. In this regard, Contractor agrees that it will coordinate its use of the License Property with Agency's designated 01$ 007 2060/015610-0002 330391.02 PM02 representative, Mark Weiss, at (760) 777-7000, and will not disturb, damage or contaminate the License Property or interfere in any manner with other activities on the License Property. 4. CONTRACTOR'S DUTIES/PERMITTED ACTIVITIES. (a) Contractor agrees to be fully financially responsible for any damage or injury to the License Property and/or to any person which may arise in connection with this Agreement and/or the Tournament. (b) Contractor shall thoroughly clean and make all necessary repairs and replacements, if any, to the License Property, including, but not limited to, turf, landscaping, irrigation equipment, and soil stabilization measures and generally surrender the License Property to Agency at the expiration of the Agreement in such condition as Agency or its representatives deem to be acceptable. In addition, Contractor agrees not to conduct or cause to be conducted on the License Property any repair, maintenance and/or refueling of any vehicles or equipment. (c) Contractor agrees to be responsible for the clean-up of any new environmental contamination, and/or aggravation of existing contamination, which occurs as a result of, or arises in connection with, any activities conducted by Contractor,, its employees, agents, subcontractors or representatives, under this Agreement and to indemnify and hold Agency and the City of La Quinta harmless from and against any and all claims, losses, damages and injuries of any nature whatsoever resulting from or arising out of Contractor's activities under this Agreement, except to the extent resulting form the gross negligence or willful misconduct of Agency, its employees, agents, contractors or representatives. Contractor's obligation to observe and perform this covenant shall survive the expiration or other termination of this Agreement. If any toxic or chemical Hazardous Materials attributable to Contractor, its agents, employees, on -site subcontractors, or invitees, or the activities of any of them, are found in the soil, air surface or ground water on, under or about the License Property, Contractor, at its sole expense, shall promptly take any and all actions necessary to return the License Property to the condition existing prior to the introduction of such Hazardous Materials to the License Property in accordance with applicable laws and the requirements of all governmental agencies with jurisdiction, provided that Agency's approval of such actions shall first be obtained, which approval shall not be unreasonably withheld. If Contractor causes or permits a significant release of Hazardous Materials or is in material noncompliance with any applicable law or requirement of this Section, Agency may make a reasonable demand for action upon Contractor. If Contractor does not respond within thirty (30) days (unless there is an emergency, in which case Contractor shall be required to respond as soon as practicable), Agency may, at its option, take reasonable actions to remedy the release or noncompliance at Contractor's sole expense, which sums shall be immediately due and payable to Agency as additional compensation. At any time during the term of this Agreement, Contractor shall, if required by any governmental agency, promptly take whatever steps are necessary to investigate and remedy any contamination by Hazardous Materials caused by Contractor, its agents, employees, on -site subcontractors or invitees. 019 0138 2060/015610-0002 330391.02 PM02 (d) Contractor shall be responsible for obtaining all permits and approvals from all applicable governmental authorities necessary in connection with the Parking Service on the License Property. (e) Contractor agrees that any and all costs incurred with regard to the Parking Service and/or use of the License Property or any claims of third parties for liens, personal injury or property damage with respect to the use of the License Property shall be borne by Contractor at Contractor's sole cost and expense. Contractor agrees to indemnify and hold Agency harmless from and against any claim, loss, cost or liability of any nature whatsoever arising out of or incurred in connection with the Parking Service. (f) Contractor shall not cause, suffer or permit any mechanic's, materialman's or other liens to attach to or be recorded against the License Property in connection with work performed by Contractor. (g) In the event that Contractor, or its subcontractors, breach any of the foregoing covenants regarding the License Property and/or any facilities or systems located on the License Property, Contractor agrees to be responsible for all damages caused by such breach, including but not limited to compensatory, consequential and incidental damages and attorney's fees and court costs associated therewith. Contractor acknowledges and agrees that consequential damages shall include any damages actually caused by Contractor's breach, regardless of whether such damages were foreseeable at the time that this Agreement was executed. By way of example only, and not by limitation, consequential damages include damages resulting from environmental contamination and economic losses resulting from damage to irrigation systems. 5. DEPOSIT. Contractor shall deposit with Agency a check in the amount of five thousand dollars ($5,000.00) made payable to the La Quinta Redevelopment Agency which consists of the following: (a) Four thousand five hundred dollars ($4,500.00) represents the estimated costs to repair and replace the License Property disturbed and/or damaged due to Contractor's activities relating to the Parking Service (the "Remediation Deposit"). (b) Five hundred dollars ($500.00) represents administrative costs incurred by Agency for the attorney's costs relating to the preparation and administration of the Agreement (the "Expense Deposit"). The Remediation Deposit is refundable to Contractor upon Contractor's completion of the repairs and replacement to the License Property in a manner satisfactory to Agency or its representatives. The Expense Deposit is non-refundable. It is the responsibility of Contractor to follow up regarding the Remediation Deposit refund. The refund request must be received by Agency within sixty (60) days of completion of term. 6. , INSURANCE and LICENSES. At all times during the Term of this Agreement, Contractor, its successors or assigns, shall carry and maintain, in full force and effect, at their sole cost and expense, the following insurance policies with insurance companies satisfactory to 0 r 009 2060,015610-0002 330391.02 PM02 Agency. Such policies shall include a provision requiring a minimum of thirty (30) days notice to Agency of any change or cancellation. The Agency and the City of La Quinta, their officers, employees and agents, shall be named as additional insureds on the policies listed in Subsections 6(a) and (b) as their interests may appear. (a) Comprehensive general liability insurance in an occurrence format in an amount of five million dollars ($5,000,000.00) per occurrence, including the following coverages: contractual liability, personal injury, broad form property damage, independent contractors and premises operations. (b) Business auto coverage form insurance on all vehicles used in connection with this License and/or on the License Property in an amount of five hundred thousand dollars ($500,000.00) combined single limits for bodily injury and property damage per occurrence. (c) Workers' Compensation insurance in accordance with the provisions of the Workers' Compensation Act of the State of California for all employees, subcontractors and any subcontractor's employees engaged in connection with this Agreement. (d) Contractor agrees to provide Agency with certificates of insurance evidencing the policies listed above upon execution of this License as a condition to commencing any of the activities contemplated by this Agreement. 7. INDEMNITY. (a) Contractor shall indemnify, defend and hold Agency and the City of La Quinta, their subsidiaries and affiliates, their respective officers, directors, agents and employees and the License Property free, clear and harmless from any and all demands, claims, causes of action, damages, liabilities, liens, losses, costs, charges, penalties, obligations, judgments, fines and expenses (including, without limitation, attorney's fees) of any kind whatsoever in connection with, arising out of, or by reason of any breach, violation or nonperformance by Contractor, its agents, servants, employees, subcontractors or invitees, of any covenant or provisions of this Agreement or any law, ordinance, rule, regulation or order or by reason of any damage, harm or loss to the License Property during the Term of this Agreement, including, without limitation, any damage to the License Property and any liability to any third party incurred by reason of any acts or omission of, or any commission of, any negligent or tortious acts by Contractor, its agents, servants, employees, subcontractors or invitees. (b) In the event any portion of the activities is performed by a subcontractor, Contractor warrants that all such subcontractors shall abide by all the terms and conditions of this Agreement, including, without limitation, furnishing the insurance coverages as provided for in Section 6. (c) The provisions of this section shall not be read to limit in any respect whatsoever Contractor's obligations as provided in Section 4 above. 8. TERMINATION. Either party shall have the right to terminate this Agreement at any time with or without cause by giving the other party twenty-four (24) hours written notice. 0tO 2060/015610-0002 330391.02 PM02 9. NOTICES. Any notice to be given to Agency or Contractor shall be in writing and shall be deemed to have been properly delivered when directed to such addressee as follows: To Agency: La Quinta Redevelopment Agency 78-495 Calle Tampico La Quinta, CA 92253 Attention: Mark Weiss Facsimile: (760) 777-7101 To Contractor: Desert Charities, Inc., dba Bob Hope Chrysler Classic 39-000 Bob Hope Drive, P.O. Box 865 Rancho Mirage, CA 92270 Attention: Mike Milthorpe Facsimile: (760) 346-6329 Any party may change the address to which such communications are to be directed to it by giving a written notice to the other party in the manner provided in this paragraph. Any notice given pursuant to this paragraph shall be deemed to be delivered when addressed to the addressee as set forth therein, (i) at the time a written notice by mail is deposited in the United States mail, postage prepaid, or (ii) the time any other written notice, including facsimile, telegram or other electronic mail message, is personally delivered to the recipient or is delivered to a common carrier for transmission or actually transmitted by the person giving the notice by electronic means, to the recipient. 10. ASSIGNMENT. This Agreement shall not be assignable by Contractor. 11. MISCELLANEOUS. (a) Except as herein otherwise provided, no amendment, alteration, modification of or addition to this Agreement shall be valid or binding unless expressed in writing and signed by the party or parties to be bound thereby. (b) The covenants, conditions and agreements contained in this Agreement shall bind and inure to the benefit of Agency and Contractor and their respective heirs, distributees, executors, administrators, successors and assigns. (c) This Agreement shall be governed by and interpreted in accordance with the laws of the State of California. (d) This Agreement contains the entire agreement and understanding between the parties and there are no terms, covenants or conditions which exist other than those contained herein. (e) If any party hereto shall bring any suit or action against another for relief, declaratory or otherwise, arising out of this Agreement, the prevailing party shall have and record against the other party, in addition to all court costs and disbursements, such sum as the court may adjudge to be reasonable attorney's fees. �ry 2060/015610-0002 O L L 330391.02 PM02 The parties have executed this Agreement on the dates indicated below to be effective the date first above written. "AGENCY" LA QUINTA REDEVELOPMENT AGENCY By: Dated: ATTEST: CITY OF LA QUINTA By: City Clerk Dated: APPROVED AS TO FORM: RUTAN & TUCKER, LLP M. Katherine Jenson Dated: 2060/015610-0002 330391.02 PM02 "CONTRACTOR" DESERT CHARITIES, INC., dba BOB HOPE CHRYSLER CLASSIC Dated: 0213 012 EXHIBIT A .� � k ! ■ � i■ ` � � §§� _ � -------------- --§BE a m _ � �� ._ - I tit AWL -- � - ,■� __ --- � . � __ t Z � O ■« _�_ _ __ _ _ _ - _ � � —�� �: R�� � - »- �� � ■ 24 § . T4'9� 4 4 Q" COUNCIL/RDA MEETING DATE: Adoption of a Resolution of the Board of Directors of the La Quinta Redevelopment Agency Authorizing Repayment of the ERAF (Education Revenue Augmentation Fund) Loan to the Low- and Moderate -Income Housing Fund for Project Area 2 RECOMMENDATION: AGENDA CATEGORY: BUSINESS SESSION: October 15, 2002 CONSENT CALENDAR: STUDY SESSION: PUBLIC HEARING: Adopt a Resolution of the La Quinta Redevelopment Agency authorizing the repayment of the ERAF (Educational Revenue Augmentation Fund) loan to the Low- and Moderate - Income Housing fund for Project Area 2, and appropriating $57,444 from the Debt Service Fund Project Area 2 reserves. FISCAL IMPLICATIONS: The original loan amount was $39,135. Interest totaling $17,507, which accrued at the annual average rate of interest earned on Agency investments from December 1993, results in a total amount payable of $57,444. Sufficient reserves are available in the Debt Service Fund to make this payment. BACKGROUND AND OVERVIEW: The Agency was mandated by the State of California in 1993 to make additional payments to local school districts as part of the State budget bailout strategy (Reference: Healthy and Safety Code Section 33681 (b) (1)). This legislation established Education Revenue Augmentation Fund requirements. At that time, Project Area 2 did not have the capacity to fund this payment from the Debt Service Fund, and Project Area 2 Housing Fund monies were used to pay the obligation. This transaction was structured as a loan from the Redevelopment Low -Moderate Income Fund that must be repaid on or before June 30, 2004. Sufficient funds exist at this time to retire the debt. 0�J The original principal amount of the loan for Public Area 2 was $39,135, and interest has accrued at the average interest rate earned on Agency inveptments each year from December 1993 to this date. Total amount due is $57,444. In the near future, staff will be coming forward with a similar loan agreement as a result of the recent adoption of the State of California Fiscal year 2002/2003 annual budget, which calls for another mandated Education Revenue Augmentation transfer to be made. FINDINGS AND ALTERNATIVES: The alternatives available to the Agency Board include: 1. Adopt a Resolution of the La Quinta Redevelopment Agency authorizing the repayment of the ERAF loan to the Low- and Moderate -Income Fund in the total amount of $57,444 and appropriating funds from the Debt Service fund; 2. Provide staff with alternative direction. Respectively submitted, .. 4 44-4� John M. Falc ner Finance Director Approved for submission by: (I,— e"_ — - -- --------- Thomas P. Genovese Executive Director i► 6 51 M1 RESOLUTION NO. RA 2002 - A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF LA QUINTA AUTHORIZING REPAYMENT OF THE ERAF (EDUCATION REVENUE AGUMENTATION FUND) LOAN FROM THE LOW- AND MODERATE -INCOME HOUSING FUND FOR PROJECT AREA 2 WHEREAS, the Board of Directors of the La Quinta Redevelopment Agency approved a loan on December 21, 1993, from the Low- and Moderate -Income Housing Fund to the Debt Service Fund of Project Area 2 by Resolution RA 93- 17, in order to provide necessary funds to pay State mandated Education Revenue Augmentation Fund (ERAF) costs, pursuant to Health and Safety Code Section 33681; and WHEREAS, Resolution RA 93-17 stipulated that this amount must be repaid to the Agency's Low- and Moderate -Housing Fund on or before June 30, 2004; and WHEREAS, sufficient funds are now available in the Project Area 2 Debt Service fund to repay the outstanding loan, and it is in the best interests of the Agency for the loan to be repaid at this time; NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of La Quinta as follows: 1. The original loan amount of $39,135, together with interest, shall now be repaid to the Low- and Moderate -Income Housing Fund for Project Area 2, in the total amount of $57,444, and necessary funds appropriated from Debt Service Fund reserves. 027 003 PASSED, APPROVED and ADOPTED this 151h day of October 2002, by the following vote: AYES: NOES: ABSENT: ABSTAIN: TERRY HENDERSON, Chair La Quinta Redevelopment Agency ATTEST: JUNE S. GREEK, Authority Secretary La Quinta Redevelopment Agency (Authority Seal) APPROVED AS TO FORM: M. KATHERINE JENSON, Agency Counsel La Quinta Redevelopment Agency r�s 0.04 T&t 4 4vQ" COUNCI1JRDA MEETING DATE: October 15, 2002 ITEM TITLE: Consideration of the Use of Funds from La Quinta Redevelopment Project Area 1 for the Reimbursement Agreement for Parkway Landscaping at Eisenhower Drive and Avenue 50 Street Right -of -Way Adjacent to the La Quinta Country Club and Resolution Making Findings Pursuant to Health and Safety Code 33445(a) RECOMMENDATION: If deemed appropriate: AGENDA CATEGORY: BUSINESS SESSION: CONSENT CALENDAR: STUDY SESSION: PUBLIC HEARING: Adopt a Resolution of the Redevelopment Agency making certain findings pursuant to Health and Safety Code Section 33445(a) to use La Quinta Redevelopment Project Area 1 Capital funding for the Reimbursement Agreement for Parkway Improvements at Eisenhower and Avenue 50. Approve an appropriation of $100,000 in Project Area 1 Capital funding toward the Reimbursement Agreement for Parkway Improvements at Eisenhower and Avenue 50. FISCAL IMPLICATIONS: Funding for this project would be accomplished by utilizing Project Area No. 1 Redevelopment Funds. The estimated amount required is $100,000. Adequate funds exist in Budget Account 405-000-300-290 but will need to be appropriated by the Agency Board. BACKGROUND AND OVERVIEW: At the December 18, 2001 City Council meeting, the City Council reviewed a letter from the La Quinta Country Club regarding beautification of Eisenhower Drive. The letter, provided as Attachment 1, indicates that the existing oleander bushes planted along the block wall on Eisenhower have become infested with the "Leafhopper" parasite. As a result of the infestation (and dying plant life) the Country Club desires to beautify the area as well as replace the existing block wall. Staff has met with Dave Erwin, the designated representative of the La Quinta Country Club Board of Directors, several times regarding the request. Mr. Erwin has had plans TAMDEFT\COU NCIL\2002\021015RDA.wpd prepared for improvement to the subject property and is proposing to make the improvements and be reimbursed by the City. As identified in the letter, it is not clear if the oleanders and proposed landscaping are on City property. Mr. Erwin is completing research with a title company to identify the ownership of the said property. Mr. Erwin has, at the expense of the Country Club, had plans prepared for City consideration, by Ray Lopez Associates. As the City Council will recall, Mr. Lopez designed many of the City's landscape projects and, as needed, provides landscape plan check services to the City. City staff has also reviewed the plans and believe the improvements will result in beautification of the area while maintaining compatibility with existing landscape treatments in the area. This area is adjacent to the City's single largest revenue generator, the La Quinta Resort and Club. Mr. Erwin's specific request of the City is to have the La Quinta Country Club build a new wall at their expense and complete the new landscape improvements at the City's expense. The landscape improvements would be completed by the Country Club and subsequently the City would reimburse the Country Club upon acceptance of the improvements. Additionally, all improvements would be maintained by the Country Club. In regard to the removal of the existing oleanders and associated landscaping, Mr. Erwin has requested the City pay for removal if, after the title search is completed, the City is the fee title owner. If the fee title owner is the Country Club, the removal of the existing landscaping would be completed at the expense of the Country Club. The proposed Reimbursement Agreement and requested appropriation would memorialize the before mentioned maintenance requirements and would appropriate riot to exceed amounts to accomplish this request. (See companion City Council item Attachment 3.) Final verification of title would be completed by the City Attorney's Office. Should the City Council deem it appropriate to move forward with the Country Club's request, staff would recommend utilizing Project Area No. 1 redevelopment funds to fund the Reimbursement Agreement. Adequate funds are available to fund the request; however, because the subject property is outside the Project Area, the City Council would need to make the necessary findings to make the expenditure. City Staff has completed the necessary resolution for adoption, should the City Council deem it appropriate. Mr. Erwin is aware that the landscape improvements will need to be completed utilizing prevailing wage requirements because redevelopment funds will be the funding source for the Reimbursement Agreement. The total estimated cost for the landscape improvements and removal of existing landscaping is $100,000. Staff has included a contingency to the estimated construction cost to cover additional cost related to the prevailing wage requirement, which was not included in the original estimate from the Country Club. The requested appropriation would be for this total amount. If the title search indicates the Country Club is the fee title owner, the expenses for the landscape removal would not be reimbursed. r 3 0 602 T:\PWDEPT\COUNCIL\2002\021015RDA.wpd FINDINGS AND ALTERNATIVES: The alternatives available to the Redevelopment Agency Board include: 1. Adopt a Resolution of the Redevelopment Agency making certain findings pursuant to Health and Safety Code Section 33445(a) to approve the use of funds from La Quinta Redevelopment Project Area 1 for the Reimbursement Agreement for Parkway Improvements at Eisenhower and Avenue 50; and Approve an appropriation up to $100,000 in Project Area 1 Capital funding for the Reimbursement Agreement for Parkway Improvements at Eisenhower and Avenue 50; or 2. Do not adopt a Resolution of the Redevelopment Agency making certain findings pursuant to Health and Safety Code Section 33445(a) to approve the use of funds from La Quinta Redevelopment Project Area 1; and Do not approve an appropriation in Project Area 1 Capital funding; or 3. Provide staff with alternative direction. Respectfully submitted, R Jimothy Jo Public Works Director/City Engineer Approved for submission by: Thomas P. Genovese, Executive Director Attachments: 1. Letter from La Quinta Country Club 031 003 T:\PWDEPT\COUNCIL\2002\021015RDA.wpd RESOLUTION NO.2002- A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445(a) WHEREAS, the Eisenhower Landscape Street Improvements are located adjacent to the La Quinta Redevelopment Agency's Project Area 1 along the east side of Eisenhower Drive from Avenue 50 to approximately 1000 feet north and along the north side of Avenue 50 from Eisenhower Drive to approximately 50 feet east in the public right of way, which will enhance the public's use within Project Area 1; WHEREAS, the funding for these Eisenhower Landscaping Improvements is not otherwise available at this time; WHEREAS, it would be in the best interest of the public for the Eisenhower Landscape Improvements to be installed at this point in time; NOW, THEREFORE, BE IT RESOLVED by the La Quinta Redevelopment Agency as follows: SECTION 1. Pursuant to Health and Safety Code Section 33445(a), the La Quinta Redevelopment Agency finds that: (a) That the Eisenhower Landscape Street Improvements will be of benefit to the Project Area 1, to, the area surrounding Project Area 1, and to the immediate neighborhood in which the Eisenhower Landscape Improvements will be located. (b) That no other reasonable means of financing the Eisenhower Drive Landscape Improvements are available to the community at this time. (c) That the payment of funds for the construction of the Eisenhower Drive Landscape Improvements will assist in the elimination of one or more blighting conditions identified in the Redevelopment Plan. (d) That the construction of the Eisenhower Drive Landscape Improvements are consistent with the implementation plan adopted pursuant to Health & Safety Code Section 33490, in that the Eisenhower Drive Widening Improvements were identified as Street/Drainage/Landscape Improvements Section I. Item J. SECTION 2. The La Quinta Redevelopment Agency agrees to appropriate funding of the improvement costs of the Eisenhower Drive Landscape Improvements adjacent to Project Area 1 with La Quinta Redevelopment Agency Project Area 1 funds. . PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on this 15`h day of October, 2002, by the following vote to wit: 004 AYES: Board Members NOES: None ABSENT: None ABSTAIN: None ATTEST: JUNE S. GREEK, Agency Secretary La Quinta Redevelopment Agency APPROVED AS TO FORM: M. KATHERINE JENSON, Agency Counsel La Quints Redevelopment Agency TERRY HENDERSON, Chairperson La Quints Redevelopment Agency 6,33 -2- U05 ATTACHMENT 1 OOUNIRY CLUB November 29, 2001 Mr. Tom Genovese, City Manager City of La Quints P.O. Box 1504 La Quints, CA 92253 Dear Mr. Genovese: WRITTEN CORRESPONDENCE ITEM: Poet Office Boot 89 / 77-750 Avenue 50 Le QuhU. California 92253 —760M"I51 / Fax 56"396 La Quints Country Club would like to enlist the City's support in a beautification project on Eisenhower Drive along La Quints Country Club's property line. In the early 1980's, oleander bushes were planted along the outside of a block wall that has served both as a security fence and a sound barrier. Unfortunately, our valley has become home to the "Leafhopper". This parasite has recently attacked and killed over half of the oleanders along the Eisenhower wall and is starting to infest the bushes along 50t' Avenue. The dying oleanders present an unsightly picture to passers by. This is not in keeping with the image that both the city of La Quints and the La Quints Country Club wish to project. In 1993, the City of La Quints began several street projects in our area. The city expanded Eisenhower Drive and provided storm drains, gutters, and an attractive median strip. This project improved the appearance of the street as well as our boundary landscaping - until the Leafhopper arrived. Although the Club has continued to maintain the oleander bushes, we assume they are planted in the public right of way that was established to complete the expansion of Eisenhower. Replacing the oleanders with more modern and appropriate landscaping is not the only problem we face. Contractors have advised us that the block wall will be damaged beyond repair when the oleanders are removed by the roots, as they should be. Both the oleanders and the wall need to be replaced. Even though the oleanders may be on public property, La Quints Country Club proposes to share with the City the cost of replacing the wall and landscaping. The City and the Club could collaborate on the wall and landscaping design. Our Board feels it is very important that action be taken this spring. It is in the best interest of both the club and the city to install an attractive wall with appropriate landscaping that will blend with the median strip and nearby plantings. G I For forty-two years we have supported the city of La Quints and watched with pleasure as it grew and prospered. We hope you will agree that this would be a mutually beneficial project One of our Board Members, Dave Erwin, will contact you to discuss this matter further. Sincerely yours, James R. Reed, President r;3 J►08 Tiht 4 4 Q" COUNCIL/RDA MEETING DATE: October 15, 2002 ITEM TITLE: A Joint Public Hearing Between the La Quinta City Council and Redevelopment Agency to Consider a Proposed Disposition and Development Agreement Between the Agency and Senior Affordable Housing Corporation No. 3. (SAHC) The Purpose of the Hearing is to Receive Public Testimony on the Proposed Disposition and Development Agreement for Affordable Covenants With SAHC that Would Facilitate SAHC to Construct 80 Senior Rental Units on Property Located at the Southwest Corner of Adams Street and Avenue 47. SAHC Will Make the Units Available at Affordable Rental Rates AGENDA CATEGORY: BUSINESS SESSION: CONSENT CALENDAR: STUDY SESSION: PUBLIC HEARING: / Adopt a Resolution of the Redevelopment Agency approving the Disposition and Development Agreement and authorize the Agency Chair to sign and the Executive Director to execute the necessary documents. Approving the Disposition and Development Agreement will result in the expenditure of $887,000 of land sale proceeds. The Agreement provides that the Agency will sell a 10.17-acre parcel to Senior Affordable Housing Corporation No. 3 for $1,000,000; $887,000 of this amount will remain in an escrow account to fund site and building improvements, and designate 80 units for very -low income senior households. The remaining $1 13,000 of sale proceeds will be deposited into the Agency's Low and Moderate Income Housing Fund. In April 2001, the Agency entered into an Option Agreement with Southern California Presbyterian Homes ("SCPH") that reserved a 10.17 acre Agency -owned parcel ("Site") for an 80-unit senior citizen apartment complex ("Development"). Senior Affordable Housing Corporation No. 3 ("Developer") is a development entity of SCPH, a non-profit public benefit corporation that develops and operates affordable senior 0,16 citizen housing communities throughout Southern California. SCPH's funding is G:\WPDOCS\CC SO Rpts\SCPH-RDA-DDA.wpd primarily through partnering monies from the Department of Housing and Urban Development ("HUD") and local communities. The Option Agreement enabled SCPH to apply for, and subsequently secure, HUD 202 funds to underwrite 92% of the site acquisition and Development construction costs. The Site was acquired by the Agency as part of a 1999 land exchange with the A.G. Spanos Corporation. A.G. Spanos Corporation transferred the Site to the Agency in exchange for a comparable parcel located at the Agency's Avenue 48 and Jefferson Street property. A.G. Spanos subsequently constructed the Aventine Apartments at the Avenue 48 location. The Development encompasses 80 units, of which 79 will be rented to very low- income senior households. A property manager will inhabit the 80th unit. A total of nine one-story buildings will be constructed on -site, eight buildings will house one bedroom apartment units of approximately 560 square feet in size and a library, TV room, computer room and laundry facilities. The ninth building will house the manager's unit, office space, the mailroom, a multi -purpose room and kitchen facilities. Attachment 1 presents the Summary Report for the Agreement. This Report details the total costs of the Agreement to the Agency including land purchase expenses and the cost of funds used to acquire the Site (the Agency used proceeds from the 1995 Housing Bonds). To date, the Agency has invested $1,704,000 in the Site through a combination of land acquisition costs ($1,200,000) and estimated Bond interest expense ($504,000). Per the Agreement the Site will be sold to the Developer at a cost of $1,000,000; $887,000 of the land sale proceeds will remain in escrow to fund site and building improvements that are not eligible for HUD funding, but were required as part of the City's review process in order to insure that the Development complies with City design and development standards. The sale will generate net proceeds of $1 13,000, which when applied to the total Agency investment, reduces it to $1,591,000. This translates to a per unit cost of approximately $20,000 for the 79 very -low income units. In order to facilitate the City's development standards and obtain 79 very -low income senior units, the $887,000 of Agency assistance will fund the following: • Selling the 10-acre site to SCPH at a reduced cost in order to obtain a density of eight units per acre. HUD encourages higher density affordable housing development in order to reduce the land cost component. The developer initially proposed to build the 80 units on an eight acre parcel, but the Agency elected to reduce the land cost so that they could afford to build the 80-unit community on the 10.17-acre parcel. • Outdoor patios for each residential unit. • Covered carports to accommodate the desert climate. • Additional on -site parking and landscaping. • A pool to enhance the apartment community's recreational amenities. r • Utility connection fees. 002 G:\WPDOCS\CC Stf Rpts\SCPH-RDA-DDA.wpd As part of providing assistance, the Agency will receive 79 very -low income affordability covenants that will require the units to feature rents affordable to very - low income senior households for a 40 year period. Starting the forty-first year, the developer will be allowed to rent units to low and moderate -income senior households. This latter provision is due to the HUD funding requirements. The City's Housing Element identifies an acute need for senior housing, particularly affordable senior housing, that accommodates the facility and location needs of seniors. As cited in the Housing Element, the City's overall senior population (aged 65 and older) has increased from 9.6 percent of the total population in 1990 to 13.4 percent in 2000. Both the Development and the for sale units proposed for the Agency's Avenue 48 and Adams Street property will play a role in addressing this particular housing need. However, as presented in the Housing Element, the City has a growing need for affordable family housing. Once this and the Avenue 48 senior developments are underway, the Agency will need to turn its attention to facilitating additional affordable family housing development. The alternatives available to the Agency Board include: 1. Adopt a Resolution of the Redevelopment Agency approving the Disposition and Development Agreement and authorize the Agency Chair to sign and the Executive Director to execute the necessary documents; or 2. Do not adopt a Resolution of the Redevelopment Agency approving the Disposition and Development Agreement; or 3. Provide staff with alternative direction. Respectfully submitted, fry Her/nan mmunity Development Director Approved for submission by: Thomas P. Genovese, Executive Director Attachments: 1. Summary Report and Disposition and Development Agreement 0U3 G:\WPDOCS\CC Stf Rpts\SCPH-RDA-DDA.wpd RESOLUTION NO. RA 2002- A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY APPROVING THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND SENIOR AFFORDABLE HOUSING CORP. NO. 3 WHEREAS, the La Quinta Redevelopment Agency ("Agency") is a public body, corporate and politic, organized and existing under the Community Redevelopment Law (California Health & Safety Code § 33000, gt M.) ("CRL") to carry out the purposes of redevelopment in the City of La Quinta ("City"); and WHEREAS, the Agency is engaged in activities necessary to execute and implement the Redevelopment Plan for Project Area No. 2 ("Project Area"); and WHEREAS, the Agency staff has negotiated a Disposition and Development Agreement ("Agreement") by and between the Agency and Senior Affordable Housing Corp. No. 3 ("Developer") pursuant to which the Agency proposes to convey to the Developer certain real property located within the Project Area ("Property") for the sum of One Million Dollars ($1,000,000). In addition, pursuant to the Agreement the Agency proposes to provide financial assistance to the Developer not to exceed the sum of Eight Hundred Eighty -Seven Thousand Dollars ($887,000) to, be applied solely toward approved development and maintenance costs, as set forth in the Agreement, and Developer is to redevelop the Property to construct a residential apartment complex containing eighty (80) units ("Project"), 79 of which shall be restricted for use as affordable units, which Project is consistent with the Redevelopment Plan for the Project Area and the General Plan of the City; and WHEREAS, Health & Safety Code § 33433 requires that the Agency prepare a Summary Report prior to disposing of property located in a redevelopment project area and that the Agency Board and City Council conduct a noticed joint public hearing with respect to the Agreement, and that the approval of the Agreement be accompanied by certain findings and determinations as set forth therein; and WHEREAS, a Summary Report for the Agreement has been prepared and a joint public hearing has been conducted in accordance with the requirements of law; and WHEREAS, on the 15th day of October, 2002, the Agency and the City Council held a joint public hearing on the proposed Agreement at which time the City Council reviewed and evaluated all of the information, testimony and evidence presented during the public hearing; and G:\WPDOCS\CCReso-COA\SCPH DDA RDA-Reso.doc (11,19 0 U" 4 Resolution No. RA 2002- Senior Affordable Housing Corp. No. 3 Adopted: October 15, 2002 WHEREAS, the environmental impacts of the development of the Project on the Property were previously evaluated in accordance with the requirements of the California Environmental Quality Act, and no additional impacts not previously addressed will result from this Agreement. NOW THEREFORE, BE IT RESOLVED, by the La Quinta Redevelopment Agency as follows: Section 1. That the above recitals are true and correct and incorporated herein. Section 2. That the Agency does hereby find and determine as follows: a. The Agreement effectuates the purposes of the CRL and the Redevelopment Plan, is in the best interests and welfare of the City of La Quinta, and is of benefit to the Project Area and the City of La Quinta, in that the Agreement assists in the redevelopment of the Project Area by the provision of needed affordable rental housing in the community for persons and families of very -low income. b. The Agency's sale of the Property and its financial contribution to the Project, will result in the provision of affordable housing and are consistent with the Agency's Second Five -Year Implementation, in that the Implementation Plan identifies the provision of low and moderate income housing opportunities as a goal and objective of the Agency. C. The consideration for the Agency's disposition of the Property is not less than the fair reuse value at the use and with the covenants and conditions and development costs authorized by the sale. Section 3. That the Agreement by and between Agency and Developer, a copy of which is on file with the Secretary of the Agency, is hereby approved. Section 4. That the Agency Executive Director and Agency Counsel are authorized to make final modifications as may be necessary to finalize the Agreement, consistent with the substantive terms approved hereby, and the Agency Executive Director is authorized to thereafter sign the Agreement on behalf of the Agency. In addition to the foregoing, the Agency Executive Director is hereby authorized to approve amendments to the Agreement and its attachments that are required by the United States Department of Housing and Urban Development as a condition to the Developer's right to receive financing from HUD for the acquisition of the Property and the development of the Project, provided that such amendments do not materially alter the terms of the Agreement. G:\WPD0CS\CCReso-00A\SCPH DDA RDA-Reso.doc r; ,I,) 005 Resolution No. RA 2002- Senior Affordable Housing Corp. No. 3 Adopted: October 15, 2002 Section 5. That the Agency Executive Director is authorized and directed, on behalf of the Agency, to sign such other and further documents, that require the Agency's signature, and to take such other and further actions, as may be necessary and proper to carry out the terms of the Agreement. Section 6. That the Agency Secretary shall certify to the adoption of this resolution in the manner required by law. PASSED, APPROVED, AND ADOPTED by the Redevelopment Agency of the City of La Quinta, California this 15th day of October, 2002, by the following vote: AYES: NOES: ABSENT: ABSTAINED: TERRY HENDERSON, Agency Chair City of La Quinta, California ATTEST: JUNE S. GREEK, Agency Secretary City of La Quinta, California APPROVED AS TO FORM: M. KATHERINE JENSON, Agency Counsel City of La Quinta, California m" n 4 1 G:\WPDOCS\CCReso-COA\SCPH DDA RDA-Reso.doc