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2008 10 21 RDA64 4 4 adja Redevelopment Agency agendas are available on the City' web page @ www.la-quinta.org REDEVELOPMENT AGENCY AGENDA CITY COUNCIL CHAMBERS 78-495 Calle Tampico La Quints, California 92253 Regular Meeting TUESDAY, OCTOBER 21, 2008 3:00 P.M. Closed Session / 4:00 P.M. Open Session Beginning Resolution No. RA 2008-006 CALL TO ORDER Roll Call: Agency Board Members: Adolph, Henderson, Osborne, Sniff, and Chairman Kirk 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. CLOSED SESSION NOTE: Time permitting the Redevelopment Agency Board may conduct Closed Session discussions during the dinner recess. In addition, persons identified as negotiating parties are not invited into the Closed Session meeting when acquisition of real property is considered. 1. CONFERENCE WITH AGENCY'S REAL PROPERTY NEGOTIATOR, DOUGLAS R. EVANS, PURSUANT TO GOVERNMENT CODE SECTION 54956.8 CONCERNING POTENTIAL TERMS AND CONDITIONS OF ACQUISITION AND/OR DISPOSITION OF REAL PROPERTY IDENTIFIED AS APNs 609-040- 007 AND 609-040-023. PROPERTY OWNER/NEGOTIATOR: MIKE SOLLENBERGER. ». C01 Redevelopment Agency Agenda 1 October 21, 2008 RECESS TO CLOSED SESSION RECONVENE AT 4:00 P.M. 4:00 P.M. 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. CONFIRMATION OF AGENDA APPROVAL OF MINUTES 1. APPROVAL OF MINUTES OF OCTOBER 7, 2008. 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 DATED OCTOBER 21, 2008. 2. RECEIVE AND FILE TREASURER'S REPORT DATED AUGUST 31, 2008. 3. RECEIVE AND FILE REVENUE & EXPENDITURES REPORT DATED AUGUST 31, 2008, AND INVESTMENT SUMMARY REPORT FOR THE QUARTER ENDING SEPTEMBER 30, 2008. 4. APPROVAL OF A CONTRACT FOR PROJECT NO. 2008-07, PM-10 CONTROL AND TEMPORARY PARKING LOT AT SILVERROCK RESORT, AND ADOPT A RESOLUTION MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445(a). 5. AUTHORIZATION TO NEGOTIATE A CONTRACT EXTENSION WITH LA QUINTA PALMS REALTY FOR RESIDENTIAL MANAGEMENT SERVICES FOR THE LA QUINTA RENTAL HOUSING PROGRAM. BUSINESS SESSION - NONE t.... - 002 Redevelopment Agency Agenda 2 October 21, 2008 STUDY SESSION - NONE CHAIR AND BOARD MEMBERS' ITEMS - NONE PUBLIC HEARINGS - NONE ADJOURNMENT The next regular meeting of the Redevelopment Agency will be held on November 4, 2008, commencing with closed session at 3:00 p.m. and open session at 4:00 p.m. in the City Council Chambers, 78-495 Calle Tampico, La Quinta, CA 92253. DECLARATION OF POSTING I, Veronica Montecino, City Clerk of the City of La Quinta, do hereby declare that the foregoing agenda for the La Quinta Redevelopment Agency meeting of October 21, 2008, was posted on the outside entry to the Council Chamber at 78-495 Calle Tampico and on the bulletin boards at 51-321 Avenida Bermudas and 78-630 Highway 111, on October 17, 2008. •A 6ctober 17, 2008 City of La Public Notice VTECINO, City Clerk California Any writings or documents provided to a majority of the Redevelopment Agency regarding any item on this agenda will be made available for public inspection at the City Clerk counter at City Hall located at 78-495 Calle Tampico, La Quinta, California, 92253, during normal business hours. 003 Redevelopment Agency Agenda 3 October 21, 2008 a yOF Tt� AGENDA CATEGORY: COUNCIL/RDA MEETING DATE: October 21, 2008 BUSINESS SESSION ITEM TITLE: Demand Register Dated CONSENT CALENDAR + October 21, 2008 STUDY SESSION PUBLIC HEARING RECOMMENDATION: It is recommended the Redevelopment Agency Board: Receive and File the Demand Register Dated October 21, 2008 of which $765,373.15 represents Redevelopment Agency Expenditures PLEASE SEE CONSENT CALENDAR ITEM NUMBER 1 ON CITY COUNCIL AGENDA 004 COUNCIL/RDA MEETING DATE: October 21 , 2008 ITEM TITLE: Receive and File Transmittal of Treasurer's Report as of August 31, 2008 RECOMMENDATION: It is recommended the La Quinta Redevelopment Agency: AGENDA CATEGORY: BUSINESS SESSION: CONSENT CALENDAR: CP— STUDY SESSION: PUBLIC HEARING: Receive and File the Treasurer's Report dated August 31, 2008. PLEASE SEE BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA 005 • COUNCIL/RDA MEETING DATE: October 21, 2008 ITEM TITLE: Receive and File Transmittal of Revenue and Expenditure Report dated August 31, 2008 and Investment Summary Report for the Quarter Ending September 30, 2008 RECOMMENDATION: Receive and File. FISCAL IMPLICATIONS: None. CHARTER CITY IMPLICATIONS: None. BACKGROUND AND OVERVIEW: AGENDA CATEGORY: BUSINESS SESSION: _ CONSENT CALENDAR: 3 STUDY SESSION: PUBLIC HEARING: Receive and File Transmittal of the August 31, 2008 Statement of Revenue and Expenditures for the La Quinta Redevelopment Agency and Investment Summary Report for the Quarter Ending September 30, 2008. Respectfully submitted, r l John M. Falconer, Finance Director r ved for 7sub,'*ssi y: V Thomas P. Genovese, Executive Director Attachments: 1. Revenue and Expenditures Report, August 31, 2008 2. Investment Summary Report for the Quarter Ending September 30, 2008 „ 006 LA OUINTA REDEVELOPMENT AGENCY REVENUE SUMMARY PROJECT AREA NO. 1: 0710112008. 0813112008 REMAINING % BUDGET RECEIVED BUDGET RECEIVED ATTACHMENT 1 rE BOND FUND: Allocated Interest Home Sale Proceeds Non Allocated Interest Transfer In TOTAL LOWIMOD BOND LOWIMODERATE TAX FUND: Tax Increment Allocated Interest Non Allocated Interest Miscellaneous revenue Non Allocated Interest LORP-Rem Revenue Home Sales Proceeds Sale of Land Sewer Subsidy Reimbursements Rehabilitation Loan Repayments 2nd Trust Deed Repayment Transfer In TOTAL LOW/MOD TAX DEBT SERVICE FUND: Tax Increment Allocated Interest Non Allocated Interest Interest - County Loan Interest Advance Proceeds Transfers In TOTAL DEBT SERVICE coo 0.00 0.00 0.000% 000 000 000 0.000% 000 0.00 0.00 0000% 0.00 000 000 0.000% 000 000 000 00DD% 11,501,20000 000 11,501,20000 0.000% 53,000 00 000 53.000 00 0.000% 0.D0 259.52 (259.52) 0000% 000 coo 000 0000% 000 0.00 0.00 0ODD% 225,000.00 21,49600 203,504.00 9550% 150,000.D0 0.00 150,00D.00 0000% 0.00 0.00 0.00 0.000% 000 603.34 (603,34) 0.000% 0.00 000 000 0000% 0.00 67,50000 (67,50000) 0.000% 000 000 0.00 0 ODD% 11,929,20000 89,858.86 11,839341.14 0750% 46,004,900.D0 0.00 46,004,900.D0 0000% 173,600 00 000 173,600 00 0000% 0.00 000 - 000 0000% 0.00 0.00 0.00 0 000 % ODD 0.00 000 0.D00% 4,444 479.00 0.00 4,444.479.00 0.000% 50,622,979.00 0.00 50,622,979.00 0000% CAPITAL IMPROVEMENT FUND -NON-TAXABLE Pooled Cash Allocated Interest 000 000 000 0.000 % Non Allocated Interest 300,000.00 60,243.80 239,756.20 20,080% Developer Agreement Funding 0.D0 0.00 000 0.000% Sale of Land Proceeds 3,094,600 00 000 3,894.600 00 0.OD0 % Rental Income 0.00 0.00 000 0,000% Transfers In _ 15.000 000.00 0.00 15,0D0,000.00 0 000 % TOTAL CAPITAL IMPROVEMENT 19,194,600.00 60,24380 19,134,356.20 0.310% CAPITAL IMPROVEMENT FUND -TAXABLE Pooled Cash Allocated Interest 000 000 0.00 0.000 % Non Allocated Interest 000 ODD 0.00 0000% Litigation Settlement Revenue 0.00 0.00 0.00 0000% Bond proceeds 000 000 000 0,000% Rental Income 000 0.D0 0.00 0ODD% Transfers In 000 000 0.00 0,000% TOTAL CAPITAL IMPROVEMENT 000 000 0.00 0.000% 007 2 LA OUINTA REDEVELOPMENT AGENCY 07/01/2008 - 08/31/2008 REMAINING EXPENDITURE SUMMARY BUDGET EXPENDITURES ENCUMBERED BUDGET PROJECT AREA NO 11 LOW/MODERATE BOND FUND PERSONNEL 000 000 000 000 SERVICES 000 000 000 000 GEN FUND 000 000 000 000 HOUSINGREIMBURSEMENTPROJECTS OUT 000 000 000 000 TRANSFERS TRANSFERS OUT 000 000 000 000 TOTAL LOW/MOD BOND LOW/MODERATE TAX FUND: PERSONNEL 1,36900 000 1loo SERVICES 328,36000 553 10,02000 000 8,3430 318,3434] BUILDINGHORIZONSPROGRAM 000 000 0W 000 BOLDING 250,00000 000 000 250,00000 HORIZONS BUILANDICQUISI 000 250,00000 ION LAND ACQUISITION 371,45300 d,371,45300 4W 28,320w 000 4,343,12900 LOW MOD SING PROJECTS 000 000 000 000 FORECLOSURE FORECLOSURE 150.000 00 000 150,00000 REIMBURSEMENT TO GEN FUND 708,27127100 117,71218 000 588,55882 TRANSFERS OUT 4444479.00 0w 000 000 444447900 TOTAL LOWIMOD TAX DEBT SERVICE FUND: SERVICES 403,2W 5,71000 000 397,4W 00 BOND PRINCIPAL 2,960,000.00 000 000 2,%D,WO 00 BONDINTEREST 7.330,18900 000 000 7,330,18900 INTEREST CITY ADVANCE 1,020,000.00 170,WOW 000 850,00000 PASS THROUGH PAYMENTS 25,404,68000 191.79302 000 25,212,88698 ERAF SHIFT 000 000 000 000 TRANSFERS OUT 18,96639600 000 000 18968,39600 TOTAL DEBT SERVICEODD 55 CAPITAL IMPROVEMENT FUND: PERSONNEL 1, 10000 000 0.00 1,10000 SERVICES 935,21500 31,73058 000 903,48442 LAND ACQUISITION 000 000 000 000 ASSESSMENT DISTRICT 000 0,00 000 0.00 ADVERTISING -ECONOMIC DEV 000 000 000 000 ECONOMIC DEVELOPMENT 000 000 000 000 BONO ISSUANCE COSTS 000 000 000 000 CAPITAL - BUILDING 9, 00000 000 000 9,00000 REIMBURSEMENT TO GEN FUND 294,88300 49,14734 000 245,73566 TRANSFERS OUT 5952181500 11898883 000 58,40182117 TOTAL CAPITAL IMPROVEMENT CAPITAL IMPROVEMENT FUNDRAXABLE BOND BOND ISSUANCE COSTS 000 000 000 000 TRANSFERS OUT 000 000 000 000 TOTAL CAPITAL IMPROVEMENT W 000 000 . 008 3 LA OUINTA REDEVELOPMENT AGENCY 07101/2008 - 08131/2008 REMAINING % REVENUE SUMMARY BUDGET RECEIVED BUDGET RECEIVED PROJECT AREA NO.2: LOWIMODERATE BOND FUND: Allocated Interest 000 0 DO 000 0000% Non Allocated Interest 0.00 000 DOD 0000% Bond proceeds (net) 0.00 0.00 0.00 0,000% Transfer In 0 OD 0.00 0.00 0 000% TOTAL LOW/MOD BOND 0.00 0.00 0.00 0 000% LOWIMODERATE TAX FUND: Tax Increment 5,872,70000 0DO 5,872,700.00 0000% Allocated Interest 380,500.00 000 380,500 00 0000% Non Allocated Interest 000 000 0.00 0 000% Developerfunding 000 0DO 0.00 0000% Vista Dunes MHP Rental Rev 0.00 0.00 0.00 0 000 % 2nd Trust Deed Repayment 0.00 40,458 25 (40,458 25) 0.000% ERAF Shift - Interest 0.00 0.00 000 0.000% Sale of Land 0.00 0.00 0.00 0000% Miraflores Note Repayment 0.00 000 000 0000% Transfer In 0.00 0.00 000 0.000% TOTAL LOWIMOD TAX 6,253,20000 40,458.25 6,212,741.75 0650% 2004 LOWIMODERATE BOND FUND: Allocated Interest 000 000 000 0.000% Home Sale Proceeds CDO 000 0DO 0000% Non Allocated Interest 102,000 00 68,558 28 33,441 72 67 210 % Transfer In 000 0 00 000 0 000% TOTAL LOWIMOD BOND 102,000.00 68.558.28 33,441.72 67,210% DEBT SERVICE FUND: Tax Increment 23.490,800.00 0.00 23,490,800.00 0.000% Allocated Interest 0.00 000 000 0 000 % Non Allocated Interest 000 000 000 0.000 % Interest Advance Proceeds 0.00 0.00 0.00 0,000% Transfer In 1,953,598 DD 000 1,953,598 00 0 000 % TOTAL DEBT SERVICE 25,444,39800 000 25 444,398 00 0.DD0% CAPITAL IMPROVEMENT FUND: Allocated Interest 84,000 GO 0OD 84,000.00 0000% Nan Allocated Interest 0.00 0.00 0.00 0.000% Developer Agreement 000 000 000 0.000% Transfers In 000 COO 000 0000% TOTAL CAPITAL IMPROVEMENT 84,000.00 0.00 84000.00 0000% 009 4 LA QUINTA REDEVELOPMENT AGENCY 07/01/2008 .08/3112008 REMAINING EXPENDITURE SUMMARY BUDGET EXPENDITURES ENCUMBERED BUDGET PROJECT AREA NO 2, LOWRAODERATE BOND FUND 2nE TRUST DEEDS 000 000 000 000 LAND 000 000 000 000 BOND ISSUANCE COSTS 000 000 000 000 TRANSFERS OUT 000 000 000 000 TOTAL LOW/MOD BONG LOW/MODERATE TAX FUND: PERSONNEL 700W 000 000 70000 SERVICES 512,828W 4,56225 000 508,26575 2ND TRUST DEEDS 000 000 000 Do LOW MOD HOUSING PROJECTS 000 000 000 000 FORECLOSURE ACQUISITION 10Q00000 0.00 0w 100,00000 VISTA DUNES PARK W.00000 0.00 000 50,00000 LAND ACQUISITION 0.00 000 000 000 REIMBURSEMENT TO GEN FUND 3 ,60400 80,100.82 0.00 30 W318 TRANSFERS OUT 446871400 17,04889 000 4451,88511 TOTAL LOW/MOD TAX 2004 LOW/MODERATE BOND FUND HOUSING PROGRAMS 3.052,80000 796,00000 000 2,257,80000 LAND 000 0.00 000 000 TRANSFERS OUT 12,390,20200 3, 548,32063 000 8,841,88137 TOTAL LOW/MOD BONG DEBT SERVICE FUND: SERVICES 209,30000 3,27500 000 208,02500 BOND PRINCIPAL 115,00000 000 000 115,00000 BONDINTEREST 305.18400 000 000 305.184W INTERESTCITY ADVANCE 1,655,52800 276,08800 000 1,380.44000 PASS THROUGH PAYMENTS 19,248.78700 (225,42366) 000 19,474,21066 TRANSFERS OUT 1,953,59800 000 000 1953 598 00 TOTAL DEBT SERVICE CAPITAL IMPROVEMENT FUND: PERSONNEL 70000 000 000 70000 SERVICES 286,413W 12,10497 000 274.30803 CAPITAL 000 000 000 000 ECONOMIC DEVELOPMENT ACTIVITY 000 000 000 000 REIMBURSEMENT TO GEN FUND 60,74100 10.12366 000 50,61734 TRANSFERS OUT 74,88600 985 SS 000 73,91017 TOTAL CAPITAL IMPROVEMENT w.. O10 A ATTACHMENT 2 N O U � N N rn a c0 0 E N W W N N M Q � O N, O 0 0 0 0 O O O O O M C T N 4) � .0-- Ol N N M f9 @ q O O M 0 O O N 0 000000000 N p O O N W O a 11O 0 N M >. T M M M DO�❑���ODO � �1N00 O W N N N N N N N N N N N N N N Z Z Z Z Z Z Z Z Z Z Z Z C C c c C C C C C C C C J J J J J J J J J J J J m m m m m m m m m m m m m J J .• r r v .. r v a� .. �.. ra m m@ m m m m m m m m m C C C C C C C C C C C C 0 0 0 0 0 0 0 0 0 0 0 0 > U m U a_ m N U U U U U m m m > > > > ti U) NU E a O x O x a a d Ow n a Q N Q @ y Q Q Q Q Q 0 d Q Q o J❑ J J D 00000000 C ow o oKOco!w wUU0:K N O N O 0 0 0 0 0 0 0 a 0 mm O) m 0 N N N Y Y Y Y Y Y Y Y Y Y Y Y Y Y c c c c c c c c c c c c c c m @ @ m @ @ m @ m @ @ @ @ @ m ro m m m m m m m m ro m m m 0(600U)w 0(0 U N(6 N,U (N 7 7 7» 7 7=)= 7 7» 7 r C a O � `o m 3 } m m aU 3 U m �LZ @ o 3 @ m o m E @ y Q.N 0 E c @ Y m C C N C N L E m .m U c w 2 N @ a m C > T N J J N N @ > > > c c L N C @ @ m x dU r.J. Ui m o ' :D E o. X,L m m C m O m c= E @ a J E'er d o c m a C d > J W 0 o J d m J N U o @ p 0 0 o U 0 O@ r a r d m'O 0 N 00. 3 Om U n m w d£ m d m £ 10 m e L m 7 m 0 > o m Y@ o > o a"i !0 �> �mdc J 011 m T4t!t 4 4 Quht& AGENDA CATEGORY: COUNCIL/RDA MEETING DATE: October 21, 2008 BUSINESS SESSION: ITEM TITLE: A CONSENT CALENDAR: Approval of a Contract for Project No. 2008-07, PM-10 Control and Temporary Parking Lot STUDY SESSION: at SilverRock Resort and Adopt a Resolution Making Certain Findings Pursuant to Health and Safety Code PUBLIC HEARING: Section 33445(a) RECOMMENDATION: Award a contract to Natures Image, Inc. for Project No. 2008-07, PM-10 Control and Temporary Parking Lot at SilverRock Resort in the amount of $305,318 and adopt a Resolution making certain findings pursuant to Health and Safety Code Section 33445(a). FISCAL IMPLICATIONS: The Fiscal Year 2008/2009 Operating Budget (Account No. 405-9001-702.32-15) includes $400,000 for the PM10 Maintenance at SilverRock Resort. A portion of this budget is used for ongoing PM10 stabilization by Environmental Products & Applications who are responsible for daily water truck operations as well as 6- month chemical stabilization for the hotel pads and perimeter slopes. BACKGROUND AND OVERVIEW: The SilverRock Resort consists of 525 acres. Approximately 290 acres of the property remain undeveloped. From the beginning of construction, PM10 measures have been in place for dust control and Air Quality Management District (AQMD) compliance by the Agency and various contractors working on the project. Since golf course construction was completed in 2005, the Agency has been responsible for overall dust control at SilverRock. On September 6, 2005, City Council approved the SilverRock Resort Soil Stabilization, Project No. 2002-07M to include a combination of vegetative stabilization, water truck service, and chemical stabilization. This option gave the greatest flexibility for future development of SilverRock Resort while providing cost effective dust control to the site. 012 On March 29, 2006, a Notice to Proceed was issued to Precision Landleveling for the planting of vegetative stabilization (barley and Sudan grass). The original contract amount was $185,000. Three Contract Change Order's were approved for additional work including: clearing additional weeds and debris on the property along Jefferson Street (CCO #1), plowing costs and additional Sudan grass seed (CCO #2), and removing the tamarisk trees from around the village lakes and mowing the property along the west side of Jefferson Street (CCO #3). The final revised contract amount with Contract Change Order Nos. 1 through 3 is $225,292. The Agency accepted the completion of Project 202-07M on September 19, 2006. On October 12, 2007, a contract (Project No. 2007-14) was awarded for the vegetative stabilization of approximately 40 acres located at the northwest corner of SilverRock. It was also utilized as a Temporary Parking Lot, as per the June 6, 2007 Amended Use Agreement between Desert Classic Charities, The Bob Hope Chrysler Classic, and the City of La Quinta. The City Council also adopted a Resolution Making Certain Findings Pursuant to Health and Safety Code Section 33445(a) on October 16, 2007. In December 2007, over 130,000 tons of top soil was imported onto the SilverRock property from the Vista Dunes project. The imported material will be needed for the future development of the SilverRock site. The imported soil was stabilized with a six- month chemical stabilization, but the material caused an infestation of tumble weeds. Planting vegetative stabilization provides long term effectiveness and cost savings over chemical stabilization. Additionally, vegetative stabilization helps reduce the infestation of unwanted weeds such as tumble weeds. Even with vegetative stabilization, chemical stabilization will need to continue for the engineered building pads and perimeter slopes. Project No.2008-07 will remove tumble weeds throughout the property, replant the Temporary Parking Lot at SilverRock Resort (40 acres of rye grass) for the Bob Hope Chrysler Classic, and plant barley over the 130,000 tons of imported soil (50 acres). Add Alternate Item No. 1 will be considered to plant 73 acres of barley on the property between SilverRock Way and the driving range. On September 8, 2008, seven bids were received for Project No. 2008-07. During the September 16, 2008 meeting of the Redevelopment Agency, the Agency approved to reject all bids for Project No. 2008-07, PM-10 Control and Temporary Parking Lot at SilverRock Resort and authorization to re -advertise for bids. On October 15, 2008, six bids were received (Attachment 1) from the re - advertised bids. 013 Staff recommends awarding a contract to Natures Image, Inc. for Project No. 2008-07, PM-10 Control and Temporary Parking Lot at SilverRock Resort in the amount of $305,318. The Resolution sets for the necessary findings for those expenditures. It is a procedural requirement that certain findings are made pursuant to Health and Safety Code Section 33445(a). FINDINGS AND ALTERNATIVES: The alternatives available to the Agency include: 1. Award a contract to Natures Image, Inc. for Project No. 2008-07, PM-10 Control and Temporary Parking Lot at SilverRock Resort in the amount of $305,318 and adopt a Resolution making certain findings pursuant to Health and Safety Code Section 33445(a); or 2. Do not award a contract to Natures Image, Inc. for Project No. 2008-07, PM-10 Control and Temporary Parking Lot at SilverRock Resort in the amount of $305,318 and adopt a Resolution making certain findings pursuant to Health and Safety Code Section 33445(a); or 3. Provide staff with alternative direction. Respectfully submitted, Edie Hylton Community Services Director Approved for submission by: / ` r>-Oze- Thomas P. Genovese, Executive Director Attachment: 1. Bid Comparison Summary 014 RESOLUTION NO. RA 2008- A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY OF THE CITY OF LA QUINTA, CALIFORNIA, MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTIONS 33445(a) WHEREAS, the La Quinta Redevelopment Agency ("Agency") is a public body, corporate and politic, organized and existing under the California Community Redevelopment Law (Health & Safety Code 33000 et seq.); and WHEREAS, the California Community Redevelopment Law, at Health and Safety Code Section 33445, requires before the Agency may pay for the cost of publicly owned improvements, the Agency and City Council must adopt a resolution making certain findings; and WHEREAS, on August 5, 2008, the Agency approved the plans, specifications, and engineer's estimate for Project No. 2008-07, PM-10 Control and Temporary Parking Lot at SilverRock Resort. NOW, THEREFORE, BE IT RESOLVED, by the La Quinta Redevelopment Agency, as follows: SECTION 1. The above recitations are true and correct and are adopted as findings of the Agency Board. SECTION 2. The Agency Board hereby authorizes Agency funding up to $305,318 to be utilized for the PM-10 Control and Temporary Parking Lot at SilverRock Resort. SECTION 3. Pursuant to Health and Safety Code 33445(a), the Agency finds and determines that: A. The improvements included in Project No. 2008-07 will be located within the Project Area and thus will provide recreational facilities and opportunities for the residents, businesses, property owners, and others located within the Project Area, as well as the City at -large. B. That no other reasonable means of financing the buildings, facilities, structures, landscape and other improvements are available to the community other than Agency funding. 015 Resolution No. RA 2008- PN 2008-07 SRR PM-10 & Parking Adopted: October 21, 2008 Page 3 C. The improvements included in Project No. 2008-07 will assist in the elimination of one or more blighting conditions inside and around the perimeter of the Project Area, and are consistent with the Agency's Implementation Plan adopted pursuant to Health and Safety Code Section 33490. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta Redevelopment Agency held on this 21' day of October 2008, by the following vote to wit: AYES: NOES: ABSENT: ABSTAIN: THOMAS P. GENOVESE, Executive Director La Quinta Redevelopment Agency, La Quinta, California ATTEST: VERONICA J. MONTECINO, CMC Agency Secretary City of La Quinta, California (City Seal) APPROVED AS TO FORM: M. KATHERINE JENSON, Agency Counsel City of La Quinta, California ,r.. 016 ATTACHMENT S B cog cog cog )) §,,,■2 0 \ — § §)e) e !!#i kk§!i% `§EE £;F a z ) ( ■ k ) §��,e2 ; z ° ! ! § 0 , �{n R;%—,w !;§| 3 �£EEo £w�f! z )���,� / 017 COUNCIL/RDA MEETING DATE: October 21, 2008 ITEM TITLE: Authorization to Negotiate a Contract Extension with La Quinta Palms Realty for Residential Property Management Services for the La Quinta Rental Housing Program RECOMMENDATION: AGENDA CATEGORY: BUSINESS SESSION: CONSENT CALENDAR: STUDY SESSION: PUBLIC HEARING: Authorize staff to negotiate a contract extension with La Quinta Palms Realty for residential property management services for the La Quinta Rental Housing Program. FISCAL IMPLICATIONS: None for this action. BACKGROUND AND OVERVIEW: In 1995, the Agency purchased 50 single-family homes in the Cove to preserve very low- and low-income affordable housing covenants. The dwellings have been rented to very low- and low-income Section 8 households, with 24 homes sold to tenants. Property management and maintenance services have been provided through local real estate companies. In 2002, the Agency entered into a two-year contract with La Quinta Palms Realty for these services; in 2004, the Agency approved a five-year contract extension with La Quinta Palms Realty, which will expire in February 2009. Chapter 3.32 of the La Quinta Municipal Code establishes the rules and regulations governing the solicitation and selection of consulting firms. Section 3.32.050(C) states that, "The City may authorize award and execution of service contracts with no competitive proposals where experience with the proposed service provider has demonstrated competence and satisfactory performance or in the renewal or renegotiation of existing contracts for continuing services." 018 Consistent with the City's consultant selection procedures and in consideration of La Quinta Palms Realty's excellent performance in managing and maintaining the 26 remaining units in the La Quinta Rental Housing Program, staff recommends the Agency Board authorizes staff to negotiate a two-year contract extension. The contract extension, once negotiated, would be brought back for Agency Board consideration. Alternatively, the Agency Board has the option to authorize staff to initiate the formal consultant selection process (draft and distribute a Request for Proposals, form a consultant selection committee, etc.) FINDINGS AND ALTERNATIVES: The alternatives available to the Agency Board include: 1. Authorize staff to negotiate a contract extension with La Quinta Palms Realty for residential property management services for the La Quinta Rental Housing Program; or 2. Direct staff to distribute a Request for Proposals for residential property management services for the La Quinta Rental Housing Program; or 3. Provide staff with alternative direction. Respectfully submitted, Douglas vans, Assistant City Manager Development Services Approved for submission by: Thomas P. Genovese, Executive Director 019