RDA Resolution 2011-003RESOLUTION NO. RA 207 7 - 003
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT
AGENCY, APPROVING A FUNDING AGREEMENT FOR
FUTURE PUBLIC IMPROVEMENTS AND AFFORDABLE
HOUSING IN THE CITY OF LA QUINTA, AND MAKING
CERTAIN FINDINGS PURSUANT TO HEALTH AND
SAFETY CODE SECTION 33445(a) AND 33420.2 WITH
RESPECT TO THE AGENCY'S EXPENDITURE
WHEREAS, the La Quinta Redevelopment Agency ("Agency"), pursuant to
Health and Safety Code Section 33445, is authorized to provide funding for the
development of publicly owned improvements; and
WHEREAS, the City of La Quinta ("City") and Agency mutually desire to
enter into a Funding Agreement for Future Public Improvements and Affordable
Housing in the City of La Quinta (the "Agreement") to, among other things, set
forth their respective obligations with respect to the funding of certain public
improvements which are outlined on Exhibit "A" and Exhibit "B" of the Agreement
(collectively, the "Public Improvements"-; and
WHEREAS, City does not have the funding to plan, design, or build the
Public Improvements without Agency funding; and
WHEREAS, to ensure that the Public Improvements are completed in a timely
manner, the Agency and City wish to enter into the Agreement; and
WHEREAS, City, Agency, and the La Quinta Housing Authority wish to
ensure the continued provision of affordable housing within the community to serve
the needs of existing and future residents who qualify as moderate-income, low-
income, and very low-income; and
WHEREAS, City has been assigned the following affordable housing
obligations pursuant to the Regional Housing Needs Assessment for the years
2008-2014: Very Low-Income - 1,065 dwelling units, Low-Income - 724 Dwelling
Units, and Moderate-Income - 796 Dwelling Units; and
WHEREAS, to ensure that adequate housing is provided for persons within
Moderate-Income, Low-Income, and Very Low-Income households, the Agency
wishes to transfer to the City or Authority its future Low- and Moderate-Income
Housing Funds that are not previously pledged for other purposes in order to fund
the affordable housing projects listed on Exhibit "C" of the Agreement ("Housing
Projects"-; and
WHEREAS, City and Authority do not have the funding to plan, design, or
build the Housing Projects without Agency funding; and
Resolution No. RA 2077A03
Funding Agreement Between C'M & RDA
Adopted: January 78, 2011
Page 2
WHEREAS, to ensure that the Housing Projects are completed in a timely
manner and that the City's residents of all income categories have descent, safe
and sanitary housing, the Agency desires to fund the Housing Projects through the
Agreement.
WHEREAS, graffiti is a significant blighting condition within Project Area
Nos.1 and 2;
WHEREAS, with other demands on the City's General Fund, it ability to
timely and fully remove graffiti within Project Area Nos. 1 and 2 has been impaired;
and
WHEREAS, the annual cost of graffiti removal in Project Area Nos. 1 and 2 is
S 138,000;
WHEREAS, the Agency wishes to fund the removal of graffiti in Project Area
Nos. 1 and 2 through the execution of the Agreement.
NOW THEREFORE, BE IT RESOLVED, by the La Quinta Redevelopment
Agency, as follows:
Section 1. The above recitations are true and correct.
Section 2. Pursuant to Health and Safety Code Section 334451a1, the Agency
hereby finds and determines that:
A. The Public Improvements to be constructed within or contiguous to Project.
Area No. 1 are of benefit to Project Area No. 1 by helping to eliminate blight
within Project Area No. 1, in that said Public Improvements consist of public
infrastructure improvements, and the Redevelopment Plan for Project Area
No. 1 provides for the elimination and prevention of the spread of blight and
blighting influences through the installation, construction, or re-construction
of streets, utilities, and other public facilities and improvements.
B. The Public Improvements to be constructed within or contiguous to Project
Area No. 2 are of benefit to Project Area No. 2 by helping to eliminate blight
within Project Area No. 2, in that said Public Improvements consist of public
infrastructure improvements and one property acquisition, and the
Redevelopment Plan for Project Area No. 2 provides for the elimination and
prevention of the spread of blighting influences through the installation,
construction, reconstruction, redesign, or reuse of streets, utilities, curbs,
gutters, sidewalks, traffic control devices, flood control facilities and other
public improvements, and also provides for property acquisition as a means
of eliminating and preventing the spread of blighting influences.
C. No other reasonable means of financing the Public Improvements are
available to the community, for the following reasons: lil City monies are
Resolution No. RA 2011-003
Funding Agreement Between City & RDA
Adopted: January 18, 2071
Page 3
dedicated to critical police, fire, and other necessary expenditures, including
other capital improvement projects; (ii) the only practical means of paying for
the Public Improvements is to use Agency funding; (iii) without Agency
funding for theePublic Improvements, the Public Improvements would not be
completed,-all to the detriment of Project Area No. 1 and Project Area No. 2.
D. The Public Improvements are consistent with the Agency's Implementation
PI?n adopted pursuant to Health and Safety Code Section 33490 (the
"Implementation Plan"), in that improving public infrastructure and facilities
within •P.roject Area No. 1 and Project Area No. 2 are goals set forth in the
Implementation Plan.
Section 3. The Agency's expenditure for the Public Improvements is necessary to
effectuate the purposes of the Redevelopment Plan for Project Area No. 1 and
Project Area No. 2 and is in the best interests of the City of La Quinta.
Section 4. The Agreement, a copy of which is on file with the Agency Secretary,
is hereby approved and the Agency Executive Director is hereby authorized and
directed to sign the Agreement.
Section 5. Pursuant to Health and Safety Code Section 33420.2, the Agency
Board finds and determines that because of the magnitude and severity of, the
graffiti within Project Area Nos. 1 and 2, the funding for and the graffiti removal
provided for in the Agreement is necessary to effectuate the purposes of the
Redevelopment Plan for Project Area Nos. 1 and 2, and that the foregoing actions
will assist with the elimination of blight, as defined in Health and Safety code
Section 33031 .
PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta
Redevelopment Agency held on this 18th day of January, 2011, by the following
vote to wit:
AYES: Agency Members Adolph, Evans, Franklin, Sniff, Chair Henderson
NOES: None
ABSENT: None
ABSTAIN: None
~~
TERRY ENDERSON, Chairperson
La Qui a Redevelopment Agency
Resolution No. RA 2071-003
Funding Agreement Between City & RDA
Adopted: January 18, 2011
Page 4
ATTEST:
VERONICA
La Quinta,E
~, CMC, Agency Secretary
Agency
APPROVED AS TO FORM:
~~ _
~ '~ `~
~ /-- ~ ~,
` !~-
;~~ , _
<, ..
~-
-~
~
.,"Y
P%I. KATHERINE JEN~O~d, Agency Counsel
La Quinta Redevelop ant Agency