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2020-07-29 Opportunity Zone1 From:Gilbert Villalpando Sent:Wednesday, July 29, 2020 5:15 PM To:Cheri Flores Cc:Douglas Kinley III; Angela Ferreira Subject:Re: Opportunity Zone Yes they will have to provide a study.   Thank you,  Gil Villalpando  Assistant to City Manager  Sent from my iPhone  On Jul 29, 2020, at 5:10 PM, Cheri Flores <clflores@laquintaca.gov> wrote:  Hey team,  These zones have to do with “economically distressed” Census Tracts and this one goes all the way down to the County line along the west side of the Sea. Looks like this is why this area is in the OZ.   Also, the Wave site is within the Thermal Redev Area so we won’t be getting property tax from them for a while. Is that the only tax the County keeps per that bond? They are proposing a hotel component so we will get TOT at least. Knowing this, do we want to ask them for a fiscal impact study?  <image001.png>     Cheri L. Flores | Planning Manager City of La Quinta 78495 Calle Tampico La Quinta, CA 92253 Ph. 760-777-7067  www.laquintaca.gov PLEASE NOTE: City Hall is now open on a limited basis by advanced appointment only. Information on types of appointments being accepted, how to schedule and City-implemented safety measures are available at HUB Appointments.  From: Douglas Kinley III <dkinley@laquintaca.gov>   Sent: Thursday, July 23, 2020 2:46 PM  To: Cheri Flores <clflores@laquintaca.gov>; Gilbert Villalpando <Gvillalpando@laquintaca.gov>  Cc: Angela Ferreira <aferreira@laquintaca.gov>  Subject: RE: Opportunity Zone  Hey Cheri, 2   Please see the attached map that may help,     <image002.png> Doug Kinley III | Management Specialist  City Manager's Office  City of La Quinta  78495 Calle Tampico ◦ La Quinta, CA 92253  Ph. 760.777.7085  www.laquintaca.gov   www.playinlaquinta.com       From: Cheri Flores <clflores@laquintaca.gov>   Sent: Thursday, July 23, 2020 9:36 AM  To: Gilbert Villalpando <Gvillalpando@laquintaca.gov>; Douglas Kinley III <dkinley@laquintaca.gov>  Cc: Angela Ferreira <aferreira@laquintaca.gov>  Subject: RE: Opportunity Zone     Thanks,  I don’t think the bond area and the OZ are complete coincident but I’d like to check the maps সহ঺঻ Also, not sure what the OZ would help the Wave with???    <image001.png>      Cheri L. Flores | Planning Manager City of La Quinta 78495 Calle Tampico La Quinta, CA 92253 Ph. 760-777-7067  www.laquintaca.gov     PLEASE NOTE: City Hall is now open on a limited basis by advanced appointment only. Information on types of appointments being accepted, how to schedule and City-implemented safety measures are available at HUB Appointments.       From: Gilbert Villalpando <Gvillalpando@laquintaca.gov>   Sent: Thursday, July 23, 2020 9:32 AM  To: Douglas Kinley III <dkinley@laquintaca.gov>  Cc: Cheri Flores <clflores@laquintaca.gov>; Angela Ferreira <aferreira@laquintaca.gov>  Subject: Re: Opportunity Zone     We do have the bond map and will work with the crew to get it for you.  Thank you,  Gil Villalpando  Assistant to City Manager  Sent from my iPhone     On Jul 23, 2020, at 9:29 AM, Douglas Kinley III <dkinley@laquintaca.gov> wrote:  3    Does this help: https://www.rivcooz.com/interactive-map    <image001.png> Doug Kinley III | Management Specialist  City Manager's Office  City of La Quinta  78495 Calle Tampico ◦ La Quinta, CA 92253  Ph. 760.777.7085  www.laquintaca.gov   www.playinlaquinta.com       From: Cheri Flores <clflores@laquintaca.gov>   Sent: Thursday, July 23, 2020 8:07 AM  To: Gilbert Villalpando <Gvillalpando@laquintaca.gov>; Angela Ferreira  <aferreira@laquintaca.gov>; Douglas Kinley III <dkinley@laquintaca.gov>  Subject: RE: Opportunity Zone     Does anyone have a map of that bond area? I don’t remember if I do or not.    <image002.png>      Cheri L. Flores | Planning Manager City of La Quinta 78495 Calle Tampico La Quinta, CA 92253 Ph. 760-777-7067  www.laquintaca.gov     PLEASE NOTE: City Hall is now open on a limited basis by advanced appointment only. Information on types of appointments being accepted, how to schedule and City-implemented safety measures are available at HUB Appointments.       From: Gilbert Villalpando <Gvillalpando@laquintaca.gov>   Sent: Wednesday, July 22, 2020 3:50 PM  To: Cheri Flores <clflores@laquintaca.gov>; Angela Ferreira <aferreira@laquintaca.gov>;  Douglas Kinley III <dkinley@laquintaca.gov>  Subject: Re: Opportunity Zone     That has been the million dollar question. When Gabe and I spoke with them previously they pointed fingers at each other. They also told us they didn’t know why it was zoned that considering the properties around the area.     This is when we were trying to get parts of the cove back as opportunity zones.     Thank you,  4    <image003.png> Gilbert Villalpando | Assistant to City Manager  City Manager's Office  City of La Quinta  78495 Calle Tampico ◦ La Quinta, CA 92253  Ph. 760.777.7094  www.laquintaca.gov   www.playinlaquinta.com     Please note, beginning Tuesday, June 23, I will be out of the office with limited email  access until Monday, August 10. For urgent items, please contact Angela Ferreira  at aferreira@laquintaca.gov or 760‐777‐7114.      From: Cheri Flores <clflores@laquintaca.gov>  Date: Wednesday, July 22, 2020 at 3:26 PM  To: Gilbert Villalpando <Gvillalpando@laquintaca.gov>, Angela F  <aferreira@laquintaca.gov>, Douglas Kinley III <dkinley@laquintaca.gov>  Subject: RE: Opportunity Zone     So it’s not an “opportunity” for the City but for the County…  The bond area only applies to property tax right? I believe the majority of the surf area would be within this green area, ie. The wave pool itself and possibly some hotel and some residential would be in that as well.    <image004.png>      Cheri L. Flores | Planning Manager City of La Quinta 78495 Calle Tampico La Quinta, CA 92253 Ph. 760-777-7067  www.laquintaca.gov     PLEASE NOTE: City Hall is now open on a limited basis by advanced appointment only. Information on types of appointments being accepted, how to schedule and City-implemented safety measures are available at HUB Appointments.       From: Gilbert Villalpando <Gvillalpando@laquintaca.gov>   Sent: Wednesday, July 22, 2020 3:01 PM  To: Cheri Flores <clflores@laquintaca.gov>; Angela Ferreira <aferreira@laquintaca.gov>;  Douglas Kinley III <dkinley@laquintaca.gov>  Subject: Re: Opportunity Zone     Yes, that is correct.     Thank you,     5 <image005.png> Gilbert Villalpando | Assistant to City Manager  City Manager's Office  City of La Quinta  78495 Calle Tampico ◦ La Quinta, CA 92253  Ph. 760.777.7094  www.laquintaca.gov   www.playinlaquinta.com     Please note, beginning Tuesday, June 23, I will be out of the office with limited email  access until Monday, August 10. For urgent items, please contact Angela Ferreira  at aferreira@laquintaca.gov or 760‐777‐7114.      From: Cheri Flores <clflores@laquintaca.gov>  Date: Wednesday, July 22, 2020 at 2:56 PM  To: Gilbert Villalpando <Gvillalpando@laquintaca.gov>, Angela F  <aferreira@laquintaca.gov>, Douglas Kinley III <dkinley@laquintaca.gov>  Subject: FW: Opportunity Zone     Gil or anyone,  Does this green area below coincide with the County’s bond area that we don’t get money from for another 10-15 years?    <image006.png>      Cheri L. Flores | Planning Manager City of La Quinta 78495 Calle Tampico La Quinta, CA 92253 Ph. 760-777-7067  www.laquintaca.gov     PLEASE NOTE: City Hall is now open on a limited basis by advanced appointment only. Information on types of appointments being accepted, how to schedule and City-implemented safety measures are available at HUB Appointments.       From: Garrett Simon <gsimon@meriwetherco.com>   Sent: Wednesday, July 22, 2020 2:53 PM  To: Cheri Flores <clflores@laquintaca.gov>  Subject: Opportunity Zone     ** EXTERNAL: This message originated outside of the City of La Quinta. Please use proper  judgement and caution when opening attachments, clicking links or responding to requests for  information. **     Cheri,      I was speaking with the broker for the property adjacent to us and he mentioned there  was an opportunity zone in the area and sent the attached map.  Is this accurate and  covers a portion of our property?  Any info or insight you have on this is appreciated.  6   Please Add Good, Garrett Simon 970-596-6642 www.meriwetherco.com   <image007.png>