CC Resolution 2011-040RESOLUTION NO. 2011 - 040
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA, CONSENTING TO THE USE OF
REDEVELOPMENT AGENCY FUNDING FOR THE
PURCHASE AND SALE AGREEMENT BETWEEN THE LA
QUINTA REDEVELOPMENT AGENCY, RICHARD VARGE
AND PATRICE VARGE, MAKING CERTAIN FINDINGS
PURSUANT TO HEALTH AND SAFETY CODE SECTION
33445 WITH RESPECT TO THE AGENCY'S
EXPENDITURE, AND AUTHORIZING THE CITY MANAGER
TO EXECUTE THE ACCEPTANCE OF THE GRANT DEED
WHEREAS, the La Quinta Redevelopment Agency ( "Agency ") is a redevelop-
ment agency organized and existing under the California Community
Redevelopment Law ( "Health & Safety Code § 33000 et seq.) ( " CRL ") and has
been authorized to transact business and exercise the powers of a redevelopment
agency pursuant to action of the City Council of the City of La Quinta ( "City
Council" or "City," as applicable); and
WHEREAS, pursuant to the CRL, the City Council approved and adopted the
Redevelopment Plan ( "Redevelopment Plan ") for La Quinta Project Area No. 1
( "Project Area ") on November 29, 1983, by Ordinance No. 43; and
WHEREAS, Agency staff has negotiated a Purchase and Sale Agreement and
Escrow Instructions with Richard Varge, and Richard and Patrice Varge, for real
property located north of La Quinta Community Park ( "Property ") for off - street
parking opportunities, the expansion of recreation opportunities, or the
development of affordable housing (collectively, the "Infrastructure
Improvements "), to facilitate access to the Village; and
WHEREAS, the Property is located within the Project Area; and
WHEREAS, the Agreement would provide for the Agency's expenditure of
Nine Hundred Eighty -Seven Thousand Six Hundred Twenty -Four Dollars ($987,624)
plus closing costs to acquire the Properties;
WHEREAS, with the legislative body's consent and the satisfaction of certain
specified requirements set forth in Health and Safety Code Section 33445, the CRL
authorizes redevelopment agencies to expend tax increment funds to acquire real
property for, and to fund the cost of the installation and construction of, publicly
owned buildings, facilities, and improvements; and
WHEREAS, the Agreement is in accordance with the Redevelopment Plan
and is of benefit to the Project Area and the City of La Quinta; and
Resolution No. 2011 -040
Property Purchase and Sale Agreement
Seller: Varge
APNs 773-072-005, 773-072-021 through 027
Adopted: June 7, 2011
Page 2
WHEREAS, the Agency's financial contribution pursuant to the Agreement is
necessary to effectuate the purposes of the Redevelopment Plan;
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of
La Quinta, as follows:
SECTION 1. The above recitations are true and correct.
SECTION 2. Pursuant to Health and Safety Code Section 33445(a), the City
Council of the City of La Quinta finds and determines that:
A. The acquisition of publicly owned land pursuant to the Agreement for
the future development of the. Infrastructure Improvements is of
benefit to the Project Area, by helping to eliminate blight within the
Project Area, in that the Infrastructure Improvements will consist of
public infrastructure improvements, and the Redevelopment Plan
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. No other reasonable means of financing the purchase of the Property
or the Infrastructure Improvements is available for the following
reasons: (i) City monies are dedicated to critical police, fire, and other
necessary expenditures, including other capital improvement projects;
(ii) the only practical means of paying for the Property and
Infrastructure Improvements is to use Agency funding; (iii) without
Agency funding, the Property could not be acquired and Infrastructure
Improvements would not be completed, all to the detriment of the
Project Area.
C. The acquisition of the Property and the future installation of the
Infrastructure Improvements are consistent with the Agency's
implementation plan adopted pursuant to Health and Safety Code
Section 33490 ( "Implementation Plan "), in that improving public
infrastructure and facilities within the Project Area are goals set forth
in the Implementation Plan.
SECTION 3. The Agency's expenditure for the Property and for future development
with the Infrastructure Improvements is necessary to effectuate the purposes of
the Redevelopment Plan and is in the best interests of the City of La Quinta.
SECTION 4. The City Council hereby consents to the use of Agency funding to
acquire the subject Property.
Resolution No. 2011-040
Property Purchase and Sale Agreement
Seller: Varge
APNs 773 - 072 -005, 773 - 072 -021 through 027
Adopted: June 7, 2011
Page 3
SECTION 5. The City Council directs its City Manager to (i) sign such documents
that require the City's signature in order to effectuate the City's acquisition of the
Property, and (ii) take such other and further actions as may be necessary and
proper to carry out the terms of the Agreement.
SECTION 6. The City Manager is authorized to accept the conveyance of the
Property, and to take such other actions and execute such other documents as may
be necessary to implement and affect this Resolution on behalf of the City.
PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta
City Council held on this 7th day of June, 2011, by the following vote to wit:
AYES: Council Members Franklin, Henderson, Sniff, Mayor Adolph
NOES: None
ABSENT: Council Member Evans
ABSTAIN: None
0
VERONICA 41MON
City of La Cruinta
(City Seal)
APPROVED AS
M. KATHERINE
City of La Quin
fjrA.
DON ADOLP , May
City of La Quints
CINO, CMC, CITY CLERK
FORM:
, City Attorney