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2025 01 21 HA Quarterly MeetingtaQra, GE.Mi of tier DMEirr — Housing Authority agendas and staff reports are available on the City's web site: www.laquintaca._gov HOUSING AUTHORITY AGENDA CITY HALL COUNCIL CHAMBER 78495 Calle Tampico La Quinta REGULAR QUARTERLY MEETING TUESDAY, JANUARY 21, 2025 AT 6:00 P.M. (or thereafter) Members of the public may listen to this meeting by tuning -in live via www.laguintaca.gov/1ivemeetings- CALL TO ORDER ROLL CALL: Authority Members: Evans, McGarrey, Pena, Sanchez, and Chairperson Fitzpatrick VERBAL ANNOUNCEMENT — AB 23 [Authority Secretary] PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA At this time, members of the public may address the Housing Authority on any matter not listed on the agenda pursuant to the "Public Comments — Instructions" listed at the end of the agenda. The Housing Authority values your comments; however, in accordance with State law, no action shall be taken on any item not appearing on the agenda unless it is an emergency item authorized by the Brown Act [Government Code § 54954.2(b)]. PLEDGE OF ALLEGIANCE CONFIRMATION OF AGENDA CONSENT CALENDAR NOTE: Consent Calendar items are routine in nature and can be approved by one motion. PAGE 1. APPROVE HOUSING AUTHORITY SPECIAL MEETING MINUTES DATED NOVEMBER 5, 2024 HOUSING AUTHORITY AGENDA Page 1 of 4 JANUARY 21, 2025 REGULAR QUARTERLY MEETING 2. ADOPT RESOLUTION TO DECLARE ASSESSOR PARCEL NUMBERS 600- 030-039 AND 600-390-024, LOCATED IN THE CITY OF LA QUINTA, CALIFORNIA, AS SURPLUS LAND [RESOLUTION NO. HA 2025-001] 3. APPROPRIATE FUNDS AND APPROVE ADDITIONAL REIMBURSEMENT FOR UTILITY IMPROVEMENTS ASSOCIATED WITH CERTAIN REAL PROPERTY COMPRISED OF 5.2 ACRES LOCATED ON THE NORTHEAST CORNER OF HIGHWAY 111 AND DUNE PALMS ROAD (ASSESSOR PARCEL NUMBER 600- 030-039) TO BP DUNE PALMS, LP, BY GENERAL PARTNER BLACKPOINT PROPERTIES, LLC BUSINESS SESSION PAGE 1. APPOINT HOUSING AUTHORITY CHAIRPERSON AND VICE -CHAIRPERSON FOR CALENDAR YEAR 2025 2. RECEIVE AND FILE FISCAL YEAR 2023/24 HOUSING AUTHORITY YEAR-END BUDGET HOUSING AUTHORITY MEMBERS' ITEMS ADJOURNMENT *************************************** The next regular quarterly meeting of the Housing Authority will be held on April 15, 2025, at 4:00 p.m. in the City Council Chamber, 78495 Calle Tampico, La Quinta, CA 92253. DECLARATION OF POSTING I, Monika Radeva, Authority Secretary of the La Quinta Housing Authority, do hereby declare that the foregoing agenda for the La Quinta Housing Authority was posted on the City's website, near the entrance to the Council Chamber at 78495 Calle Tampico, and the bulletin board at the La Quinta Cove Post Office at 51321 Avenida Bermudas, on January 17, 2025. DATED: January 17, 2025 } lr x. MONIKA RADEVA, Authority Secretary La Quinta Housing Authority PUBLIC NOTICES • Agenda packet materials are available for public inspection: 1) at the Clerk's Office at La Quinta City Hall, located at 78495 Calle Tampico, La Quinta, California 92253; and HOUSING AUTHORITY AGENDA Page 2 of 4 JANUARY 21, 2025 REGULAR QUARTERLY MEETING 2) on the City's website at https://www.laguintaca.gov/business/city-council/housing- authorit -aagendas/, in accordance with the Brown Act [Government Code § 54957.5; AB 2647 (Stats. 2022, Ch. 971)]. 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 (760) 777- 7123, 24-hours in advance of the meeting and accommodations will be made. • If background material is to be presented to the Housing Authority during a Housing Authority meeting, please be advised that 15 copies of all documents, exhibits, etc., must be supplied to the Authority Secretary for distribution. It is requested that this takes place prior to the beginning of the meeting. PUBLIC COMMENTS - INSTRUCTIONS Members of the public may address the Housing Authority on any matter listed or not listed on the agenda as follows: WRITTEN PUBLIC COMMENTS can be provided either in -person during the meeting by submitting 15 copies to the Authority Secretary, it is requested that this takes place prior to the beginning of the meeting; or can be emailed in advance to CityClerkMail(cDLaQuintaCA.gov, no later than 12:00 p.m., on the day of the meeting. Written public comments will be distributed to the Housing Authority, made public, and will be incorporated into the public record of the meeting, but will not be read during the meeting unless, upon the request of the Chairperson, a brief summary of public comments is asked to be reported. If written public comments are emailed, the email subject line must clearly state "Written Comments" and should include: 1) full name, 2) city of residence, and 3) subject matter. VERBAL PUBLIC COMMENTS can be provided in -person during the meeting by completing a "Request to Speak" form and submitting it to the Authority Secretary; it is requested that this takes place prior to the beginning of the meeting. Please limit your comments to three (3) minutes (or approximately 350 words). Members of the public shall be called upon to speak by the Chairperson. In accordance with City Council Resolution No. 2022-027, a one-time additional speaker time donation of three (3) minutes per individual is permitted; please note that the member of the public donating time must: 1) submit this in writing to the Authority Secretary by completing a "Request to Speak" form noting the name of the person to whom time is being donated to, and 2) be present at the time the speaker provides verbal comments. Verbal public comments are defined as comments provided in the speakers' own voice and may not include video or sound recordings of the speaker or of other individuals or entities, unless permitted by the Chairperson. Public speakers may elect to use printed presentation materials to aid their comments; 15 copies of such printed materials shall be provided to the Authority Secretary to be HOUSING AUTHORITY AGENDA Page 3 of 4 JANUARY 21, 2025 REGULAR QUARTERLY MEETING disseminated to the Housing Authority, made public, and incorporated into the public record of the meeting; it is requested that the printed materials are provided prior to the beginning of the meeting. There shall be no use of Chamber resources and technology to display visual or audible presentations during public comments, unless permitted by the Chairperson. All writings or documents, including but not limited to emails and attachments to emails, submitted to the City regarding any item(s) listed or not listed on this agenda are public records. All information in such writings and documents is subject to disclosure as being in the public domain and subject to search and review by electronic means, including but not limited to the City's Internet Web site and any other Internet Web -based platform or other Web -based form of communication. All information in such writings and documents similarly is subject to disclosure pursuant to the California Public Records Act [Government Code § 7920.000 et seq.]. TELECONFERENCE ACCESSIBILITY — INSTRUCTIONS Teleconference accessibility may be triggered in accordance with AB 2449 (Stats. 2022, Ch. 285), codified in the Brown Act [Government Code § 54953], if a member of the Housing Authority requests to attend and participate in this meeting remotely due to `just cause" or "emergency circumstances, " as defined, and only if the request is approved. In such instances, remote public accessibility and participation will be facilitated via Zoom Webinar as detailed at the end of this Agenda. *** TELECONFERENCE PROCEDURES*** APPLICABLE ONLY WHEN TELECONFERENCE ACCESSIBILITY IS IN EFFECT Pursuant to Government Code § 54953(f) [AB 2449, Stats. 2022, Ch. 285, Rubio]. Verbal public comments via Teleconference — members of the public may attend and and participate in this meeting by teleconference via Zoom and use the "raise your hand" feature when public comments are prompted by the Chair; the City will facilitate the ability for a member of the public to be audible to the Housing Authority and general public and allow him/her/them to speak on the item(s) requested. Please note — members of the public must unmute themselves when prompted upon being recognized by the Chairperson, in order to become audible to the Housing Authority and the public. Only one person at a time may speak by teleconference and only after being recognized by the Chair. ZOOM LINK: https://us06web.zoom.us/m/82540879912 Meeting ID: 825 4087 9912 Or join by phone: (253) 215 — 8782 Written public comments — can be provided in person during the meeting or emailed to the City Clerk's Office at CityClerkMail(a_LaQuintaCA.gov anytime prior to the adjournment of the meeting, and will be distributed to the Housing Authority, made public, incorporated into the public record of the meeting, and will not be read during the meeting unless, upon the request of the Chairperson, a brief summary of any public comment is asked to be read, to the extent the City Clerk's Office can accommodate such request. HOUSING AUTHORITY AGENDA Page 4 of 4 JANUARY 21, 2025 REGULAR QUARTERLY MEETING CONSENT CALENDAR ITEM NO. 1 HOUSING AUTHORITY SPECIAL MEETING MINUTES TUESDAY, NOVEMBER 5, 2024 CALL TO ORDER A special meeting of the La Quinta Housing Authority was called to order at 6:17 p.m. by Chairperson Fitzpatrick. PRESENT: Authority Members: Evans, McGarrey, Pena, Sanchez, and Chairperson Fitzpatrick ABSENT: None VERBAL ANNOUNCEMENT — AB 23 was made by the Authority Secretary PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA — None PLEDGE OF ALLEGIANCE CONFIRMATION OF AGENDA — Confirmed CONSENT CALENDAR 1. APPROVE HOUSING AUTHORITY SPECIAL MEETING MINUTES DATED AUGUST 6, 2024. 2. APPROVE REIMBURSEMENT FOR UTILITY IMPROVEMENTS ASSOCIATED WITH CERTAIN REAL PROPERTY COMPRISED OF 5.2 ACREAS LOCATED ON THE NORTHEAST CORNER OF HIGHWAY 111 AND DUNE PALMS ROAD (APN: 600-030-039) TO BP DUNE PALMS, LP, BY GENERAL PARTNER BLACKPOINT PROPERTIES, LLC. MOTION — A motion was made and seconded by Authority Members Pena/Evans to approve the Consent Calendar as presented. Motion passed unanimously. HOUSING AUTHORITY MEMBERS' ITEMS — None ADJOURNMENT There being no further business, it was moved and seconded by Authority Members Evans/McGarrey to adjourn at 6:18 p.m. Motion passed unanimously. Respectfully submitted, MONIKA RADEVA, Authority Secretary La Quinta Housing Authority HOUSING AUTHORITY MINUTES Page 1 of 1 NOVEMBER 5, 2024 SPECIAL MEETING 5 CONSENT CALENDRA ITEM NO. 2 City of La Quinta HOUSING AUTHORITY QUARTERLY MEETING: ,January 21, 2025 STAFF REPORT AGENDA TITLE: ADOPT RESOLUTION TO DECLARE ASSESSOR PARCEL NUMBERS 600-030-039 AND 600-390-024 LOCATED IN THE CITY OF LA QUINTA, CALIFORNIA AS SURPLUS LAND RECOMMENDATION • Adopt a Resolution to declare Assessor Parcel Numbers 600-030-039 and 600- 390-024, located in the City of La Quinta, California, as surplus land. • Authorize the Executive Director to execute and administer the necessary notice(s) related to the declarations made in the resolution. • Find that the declarations are exempt from environmental review pursuant to Section 15312 of the California Environmental Quality Act (CEQA). EXECUTIVE SUMMARY • The Surplus Land Act (SLA) governs the disposition of Housing Authority (Authority) owned property that is no longer needed for the Authority's use and requires cities to declare property as "surplus land" or "exempt surplus land" prior to disposing of it, including sales and certain leases. • Assessor Parcel Numbers (APNs) 600-030-039 and 600-390-024 meet the definition of "surplus land" pursuant to Government Code Section 54221(b)(1) as the property is land owned in fee simple by the Authority, which is no longer necessary for the Authority's use, and does not fall into any category of "exempt surplus land." • Staff is recommending that the Authority adopt resolutions to declare APNs 600- 030-039 and 600-390-024 as "surplus land" and authorize the Executive Director or Designee to execute and administer the necessary notices and negotiations required by the SLA. • The proposed declarations that the parcels are surplus land or exempt surplus land does not authorize the lease or sale of the parcels. Once the process is complete, any proposed lease, sale, or disposition would be subject to separate review and approval. FISCAL IMPACT — None. F 13AC KG RO U N D/A N A LYS I S The SLA governs the disposition of Authority -owned property that is no longer needed for the Authority's use and requires cities to declare property as "surplus land" or "exempt surplus land" prior to disposing of it, including sales and certain leases. If surplus land does not fall into a category of "exempt surplus land," then it qualifies as "surplus land." The Authority owns two vacant parcels located in the City of La Quinta (APNs 600-030- 039 and 600-390-024) (Exhibit A to the resolution). Staff has identified these parcels as undeveloped land not to be utilized for development projects, implemented, owned, and/or operated by the Authority. These parcels meet the definition of "surplus land" pursuant to Government Code Section 54221(b)(1) as the property is land owned in fee simple by the Authority, which is no longer necessary for the Authority's use, and does not fall into any category of "exempt surplus land." If adopted, the proposed resolution would declare these parcels surplus land as required by the SLA, which would allow the Authority to sell the parcels. A Notice of Availability will be sent to required entities, who have 60 days to notify the Authority of their interest in the parcels. If any interest is provided, the Authority is required to engage in good faith negotiations for a period of 90 days. Following these steps, the Authority must provide the California Department of Housing and Community Development (HCD) with a notification detailing the Notice of Availability process. ALTERNATIVES The Authority may elect not to declare these parcels surplus land; or, declare only one of the parcels as surplus land. As HCD requires this process to ensure compliance with SLA, staff does not recommend these alternatives. Prepared by: Doug Kinley, Senior Management Analyst Approved by: Gil Villalpando, Director of Business & Housing E: RESOLUTION NO. HA 2025 — XXX A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF LA QUINTA, DECLARING CERTAIN LAND LOCATED IN THE CITY OF LA QUINTA, CALIFORNIA, AS SURPLUS LAND WHEREAS, the Surplus Land Act (Gov. Code, § 54220 et seq.) requires that before a local agency takes any action to sell or enter into a long-term lease for its property, it must declare the property to be "exempt surplus land" or "surplus land;" and WHEREAS, "surplus land" means land owned in fee simple by any local agency for which the local agency's governing body takes formal action in a regular public meeting declaring that the land is surplus and is not necessary for the agency's use; and WHEREAS, "exempt surplus land" means land owned in fee simple by any local agency which falls into one (1) or more of several categories included in the Surplus Land Act; and WHEREAS, the La Quinta Housing Authority ("Authority") owns the following properties in fee simple (the "Land"), depicted in the site maps in the enclosed Exhibit A, incorporated herewith by this reference: • An approximately 5.1-acre site in the City of La Quinta, California, more specifically identified as Accessor's Parcel Number (APN) 600-030-039; • An approximately 15.14-acre site in the City of La Quinta, California, more specifically identified as APN 600-390-024; and WHEREAS, pursuant to Government Code Section 54221(b), the La Quinta Housing Authority hereby declares the Land to be surplus land not necessary for the Authority's use which does not fall into any category for "exempt surplus land"; and WHEREAS, pursuant to Section 15312 of the State California Environmental Quality Act ("CEQA") Guidelines, the declaration is exempt from review under CEQA, pursuant to Section 15061 (13)(3), Review for Exemptions — Common Sense Rule. NOW, THEREFORE, BE IT RESOLVED by the La Quinta Housing Authority to adopt, as follows: SECTION 1. The foregoing recitals are true and correct and are incorporated herein by this reference. SECTION 2. The La Quinta Housing Authority hereby finds and determines that the Land is no longer necessary for the Authority's use and is surplus land as defined in the Surplus Land Act based on the evidence in the record. 4 Resolution No. HA 2025-XXX Surplus Land Declaration — APNs 600-030-039 and 600-390-024 Adopted: January 21, 2025 Page 2 of 2 SECTION 3. The Executive Director or Designee is hereby authorized to send a notice of availability to the entities designated in the Surplus Land Act ("Designated Entities"), to negotiate with any Designated Entities who respond to the notice of availability, and otherwise follow the procedures of the Surplus Land Act applicable to the land. SECTION 4. The declaration of the Land as surplus land is exempt from environmental review under the California Environmental Quality Act ("CEQA") pursuant to CEQA Guidelines section 15312, however, any subsequent development of the Land would be further reviewed pursuant to CEQA and other environmental laws. SECTION 5. This Resolution shall take effect upon its adoption. The Authority Secretary shall certify to the adoption of this Resolution. PASSED, APPROVED and ADOPTED at a regular quarterly meeting of the La Quinta Housing Authority held on this 21 st day of January, 2025, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: MONIKA RADEVA, Authority Secretary La Quinta Housing Authority, California APPROVED AS TO FORM: WILLIAM H. IHRKE, Authority Counsel La Quinta Housing Authority, California , Chairperson La Quinta Housing Authority, California (AUTHORITY SEAL) 10 JL4 0 100 200 Feet W171 tewater River Quick C ±ack Resolution No. HA 2025-XXX Surplus Land Declaration EXHIBIT A Adopted: January 21, 2025 City Boundary 1 Site 5 Coachella Valley Link Zoning Overlay u Affordable Housing Overlay Zoning Regional Commercial (CR) Key Information A P N : 600-030-039 Acres: 5.1 Existing General Plan Land Use: CG Existing Zoning: CR (AHO) Projected Density: 36 Projected Yield: 180 Indio 0 L— fra;i i •srrl -CAI.IFOIINIA-- City Boundary ff•� f Site 9 _ Coachella Valley Link t_ - - - � Bus Stops Zoning Regional Commercial (CR) Commercial Park (CP) Key Information APN: 600-390-024 Acres: Existing General Plan Land Use: CG Existing Zoning: CP/CR Projected Density: 18 Projected Yield: 273 a t = Y Jrw. r b �, soa # Created by Rimmn Consultants for the City of La Quin to, 2024. 0 Indio L MJa1 F1101'.t +....J 12 acry 09&ra -- CALIFORNIA -- CONSENT CALENDAR ITEM NO. 3 City of La Quinta HOUSING AUTHORITY QUARTERLY MEETING: January 21, 2025 STAFF REPORT AGENDA TITLE: APPROPRIATE FUNDS AND APPROVE ADDITIONAL REIMBURSEMENT FOR UTILITY IMPROVEMENTS ASSOCIATED WITH CERTAIN REAL PROPERTY COMPRISED OF 5.2 ACRES LOCATED ON THE NORTHEAST CORNER OF HIGHWAY 111 AND DUNE PALMS ROAD (APN: 600-030-039) TO BP DUNE PALMS, LP, BY GENERAL PARTNER BLACKPOINT PROPERTIES, LLC RECOMMENDATION Appropriate funds and approve reimbursement in the amount of $179,958 for utility improvements associated with certain vacant real property comprised of 5.2 acres, located on the northeast corner of Highway 111 and Dune Palms Road (APN: 600-030- 039) to BP Dune Palms, LP, by General Partner Blackpoint Properties, LLC. EXECUTIVE SUMMARY On November 5, 2024, the Housing Authority (Authority) approved partial reimbursement in the amount of $366,542 for utility improvements related to the 5.2-acre vacant real property located on the northeast corner of Highway 111 and Dune Palms Road (Property) to BP Dune Palms, LP, by General Partner Blackpoint Properties, LLC (Blackpoint), pursuant to the Purchase and Sale and Escrow Instructions (PSA) agreement. • Staff requests Authority approval for additional appropriation and funding to cover unexpected costs associated with the utility undergrounding. As -built and unexpected site conditions necessitated scope changes to the original plan. FISCAL IMPACT An appropriation of $179,958 to Account No. 249-0000-80050 is necessary to cover the remaining costs associated with the undergrounding of utilities, as outlined in Attachment 1. The total revised reimbursement for the utility improvements will now amount to $546, 500. BACKGROUND/ANALYSIS On January 17, 2023, the Authority approved a PSA with Blackpoint to purchase the Property located at the northeast corner of Highway 111 and Dune Palms Road for the purpose of developing affordable housing with a connecting thoroughfare to CV Link, as depicted in the vicinity map included as Attachment 1. The agreement terms stipulate the 13 Authority's responsibility for relocating and undergrounding utility lines along Dune Palms Road, or reimbursing Blackpoint if they perform the work themselves. In October 2023, Blackpoint recorded Final Parcel Map No. 38668 (DOC # 2023-031546) with the Riverside County Recorder, subdividing the vacant lot into three parcels, and the Authority took ownership of the northern portion of the lot (parcel 1), which fronts Dune Palms Road, and Blackpoint retained the southern portion along Highway 111 comprised of two new parcels 2 and 3. As previously noted, Blackpoint commenced utility relocation and undergrounding work, which has now been substantially completed. On July 16, 2024, the Authority and Blackpoint executed a Side Letter Agreement pursuant to Sections 5.8.1 and 5.8.4 of the PSA, which formalized the Authority's reimbursement obligation for utility undergrounding costs. The initial approved amount for reimbursement was $366,542, with future costs from IID to be brought back upon final invoicing by the utility company. Final costs have been provided and the last reimbursement required is the City's 33% Pro Rata Share of work performed by Imperial Irrigation District. The total amount comes out to $149,324 (Attachment 1) and will be considered the final expenditure for this project to complete the necessary electrical utility work. If any remaining minor work is required it will be covered under a minor contingency budget established with this request. Upon project closeout remaining funds will be incorporated back into the 249 Fund for affordable housing development. Thus, staff requests Authority approval for additional funding and appropriation to ensure that all utility work is fully completed and meets the necessary standards for the future affordable housing development. ALTERNATIVES As the Authority approved the PSA terms which require these improvements, staff does not recommend an alternative. Prepared by: Doug Kinley III, Senior Management Analyst, City Manager's Office Approved by: Jon McMillen, Executive Director Attachment: 1. Blackpoint — utilities relocation and undergrounding reimbursement invoices 14 :,a, T 11D PO BOX 917 I-PEflkk4 €A 9M14917 BUSINESS PARTNER # 3512150 BP DUNE PALMS LP JEFFERY HALBERT MANAGING MEMBER 1129 INDUSTRIAL AVE PETALUMA CA 94952 PROJECT DESCRIPTION: Underground OH Facilites ATTACHMENT 1 DATE: December 13, 2024 SERVICE NOTIFICATION # 4035908 PROJECT LOCATION: 79520 HIGHWAY I I I LA QUINTA CA 92253 AMOUNT DUE: $456,992.13 DESCRIPTION COST Engineering Fee $ 5,000.00 Engineering Fee PD $ 5,000.00- Engineering Fee Credit $ 5,000.00- Engineering $ 4,386.77 UG Construction $ 40,388.55 UG Transportation $ 2,028.06 UG Materials $ 164,515.90 G&A OH $ 29,740.85 Irby Labor $ 209,682.00 Traffic Control $ 11,250.00 TOTAL AMOUNT DUE $ 456,992.13 THIS ESTIMATE IS SUBJECT TO REVIEW IF IID CONSTRUCTION IS NOT SCHEDULED TO PERFORM WORK WITHIN THE SIX MONTH TIME FRAME. IMPERIAL IRRIGATION DISTRICT 81600 AVENUE 58 LA QUINTA, CA 92253, PHONE: (760) 398-5841 15 IID SCOPE City Scope: Note 46 (7-10) P City Scope: Note 26 (R1-R2) P City Scope: Note 26 P Riser City Scope: Note 66 (1-6) P City Scope: Note 25 P Stub Out City Scope: Note 66 (1-6) P City Scope: Note 66: 1-6) P CITY TOTAL CFA Scope: Note 66: 1-6) P CFA Scope: Note 25 P Stub Out CFA Scope: Note 25 (A-B) P CFA Scope: Note 25 (A-B) P CFA Scope: Note 25 P CFA TOTAL QQ Scope: Note 25 (A-B) P QQ Scope: Note 66 (1-6) P QQ Scope: Note 25 P QQ Scope: Note 25 P Stub Out QQ Scope: Note 25 P Stub Out QQ Scope: Note66 (1-6) P QQ TOTAL IID ONSITE FEES ALLOCATION IID LF PER NOTE % RESPONSIBLE # CONDUIT TOTAL CONDUIT LF %TOTAL CONDUIT PROPORTIONAL FEE IID ONSITE FEE $ 456,992 255 100% 4 1020 OFSITES NOT INCLUDED 35 100% 2 70 10 100% 2 20 185 100% 6 1110 75 100% 2 150 175 100% 6 1050 440 13% 6 348 2748 33% $ 149,324 440 80% 6 2124 250 100% 2 500 345 89% 2 616 320 100% 2 640 240 17% 2 80 3960 47% $ 215,183 345 11% 2 74 440 6% 6 168 240 83% 2 400 85 100% 2 170 70 100% 2 140 125 100% 6 750 1702 20% $ 92,485 16 BP Dune Palms Invoice c/o Texas Exchange Bank 301 Commerce Blvd, Ste 2901 Fort Worth, TX 76102 Bill To City of La Quinta 78495 Calle Tampico La Quinta, CA 92253 Attn: Bryam McKinney Date Invoice No. 12/16/24 3 Terms Due on receipt Project Utility Work Item Description Amount Construction Fees IID Construction Fees - Pro Rata Share 149,324.00 Wire Instructions: ABA Number : 111903232 Beneficiary: BP Dune Palms, LP Acct Number: 8032708 Thank you for your prompt payment. Total $149,324.00 Please remit payment to above address or via wire instructions. 17 UN1241 1210783-3�1 - 2 (7-1 p` L I . 1� UN1103106H--' I � I I j��I;- 0 j� ,I - �, I I 1241314-W' I � 41330 ' ■Irl t•a.�.. ilSER 1248254-45' P I .I UNT21471 DISC 2401 751 R4 . F S"f�B-BUT R 1 n UA -- -� — 1 o, 1 l ei EAS E M ENT . R� N MIA 1 (A-D) � I TO BE GRANTED lJ 1 7106S UN10m69 i 10' t1Q EASEMENTr- �_ TO BE GRANTS❑ m 1 TITO f'I BEG D _ ill -� `.,III lul I. ` w uo EAsF_mB T, . I {"I _TQ BE GRANTED 10, IID EASEMENT `66 TO BE GRANTED P 1 �• _ 4 .� - _ r 6' + .1 M_ tl' 320k Rl l x —/ i ■ Yyy � --mow � ••�rart—'—trf. _rw�rr fElvf/J«1�ir'll�IRaftf� ■rum-1 , E � r HIGHWAY 111 PICK-UP EXIS. 6.6* - _ MC P 4004006) 1 UN1171064P ri � I 1 � I 1 I 1 1 M I I: PICK -LAP EXIT- 2-5" (CSP 4004006) P UN1171063H 1 1 I U � o n`s Ih �� W: UN1171062S I 1 CONDUIT NOTES: 1) TYPICAL, STUBOUTS ARE REQUIRED TO AVOID UNDERMINING TRANSFORMER PADS AND SEC, PULLBOXES IN THE FUTURE. INSTALL 2-5" CND SCHAO PVC PER SHOWN LENGTH. (REFER TO SHEETS 10-11,111-123 OF THE D.E.P.G- REV. 5.24 2020) P INSTALL 2-5" CND SCHAD PVC PER SHOWN LENGTH. (REFER TO SHEETS 10-11,111-123 OF THE D.E.P.G. REV. 5.24 2020) P STUB -OJT IN-6" X 90° SWEEP SCH. 80 PVC & 1-6" CND SCH.80 PVC(10') ABOVE 26 GROUND & 1-6" CND SCHAD PVC STUB OUT AT BASE OF POLE. RISER (REFER TO SHEET 262 OF THE D.F.P.G. REV. 5.24 2020) P INSTALL 2-6" CND SCHAO PVC PER SHOWN LENGTH, (REFER TO SHEETS 10-11,111-123 OF THE D.E.P.G. REV. 5.24 2020) P A46 INSTALL 4-6"CND SCHAO PVC PER SHOWN LENGTH. (REFER TO SHEETS 10-11,111-123 OF THE D.E.P.G. REV. 5.24 2020) P INSTALL 6-6" CND SCHAO PVC PER SHOWN LENGTH. (REFER TO SHEETS 10-1'Ij11-123 OF THE D.E.P.G. REV. 5.24 2020) P INSTALL 6-6" CND SCHAO PVC PER SHOWN LENGTH. (REFER TO SHEETS 10-11, 111-123 OF THE D.E.P.G. REV. 5.24 2020) P STUB -OUT TRENCHING DETAILS: 2-4 PRI. DUCT CONC. ENCASED REFER TO SHEETS 116 & 12-2-123 OF THE D.E,P.G. REV. 5,24 2020 5-9 PRI. DUCT CONC. ENCASED REFER TO SHEETS 116 & 122-123 OF THE D.E.P.G_ REV. 5.24 2020 COMPACTION BACK FILL MULTI PRI. DUCT C REFER TO SHEETS 116 & 122-123 OF THE D.E.P,G. REV. 5.24 2020 CURVE DATA TABLE # RADIUS < LENGTH 12.5' 991, 19.63' 12.5' 45" 9.61, �3 25,01 900 39,26' R4 2 ,0' 45" 19.63' TRENCHING NOTES: TYPICAL: CONTRACTOR SHALL INSTALL 2" LINE GUARD TAPE (RED) "CAUTION: BURIED ELECTRIC LINE BELOW.," (REFER TO SHEET 122 OF THE D.E.P.G. REV. 5,24 2020) TYPICAL: 7'-8" FROM FACE OF CURB TO GFNTER OF TRENCH. CONDUITS SHALL BE INSTALLED WITHIN 10- P.U,E. UNLESS OTHERWISE NOTES. (REFER TO SKEET 113 OF THE D.E.P.G. REV. 5.24 2020) STRUCTURAL DETAILS: SUBSTRUCTURE MEDIUM VAULT EQUIPMENT ENCLOSURE m REFER TO SHEETS 184-185, 210-212, & 235-240 OF THE D.E.P.G. REV. 524 2020 LARGE SWITCH PAD QO ; REFER TO SHEETS 192-193, 210-212, 219-221 OF THE D.E.P.G. REV. 5.24 2020 THREE PHASE SECTOR SLEEVE & 1ID CLEARANCES REFER TO SHEETS 192-198, 201-203, 207-209, 223-228 OF THE D.E.P-G. REV. 5.21 2020 PRWARY RISER POLE REFER TO SHEET 120 & 262 OF THE D.E.P.G_ REV. 524 2020 r� STUB OUT MARKER DETAIL REFER TO SHEETS 124 & 125 OF THE D.E.P_G. REV. 5.24 2020 CAUTION: IID ENERGIZED STRUCTURES & CABLE VAULT bETAIL: VAULT DETAIL: X 5 _ 6 XX__ _ ,.-� 3 4 XX 34 }C 1 X X 1 _ VAULT: UN1159212S LOOKING: NORTH VAULT DETAIL: I 5 6 A 3 4 1 2 3 4 VAULT: UN1247335S LOOKING: EAST SERV. NOTIF.; -me 1 A B 9 2 5 6 - I _ 3 4 2 3 4� .- VAULT: UN 1247106S LOOKING: NORTH VAULT DETAIL: 91 7 8 5 6 -. VAULT: UN1247336S LOOKING: NORTH r� a a� A 3 11Dcn SCALE:1=50 2 TA, R.7, 5EC.29 < BP DUNE PALMS LP � CONDLAT LAYOUT SUB: N. LA QUINTA IQ+CT: 4008 DATE' 1210412024 1 SHEET I OF 1 G • BUSINESS SESSION ITEM NO. 1 City of La Qu i nta HOUSING AUTHORITY QUARTERLY MEETING: January 21, 2025 STAFF REPORT AGENDA TITLE: APPOINT HOUSING AUTHORITY CHAIRPERSON AND VICE - CHAIRPERSON FOR CALENDAR YEAR 2025 RECOMMENDATION Appoint Housing Authority Chairperson and Vice -Chairperson for calendar year 2025. EXECUTIVE SUMMARY • On September 15, 2009, Council established the Housing Authority (Authority). The Authority adopted bylaws via Resolution HA 2009-001 establishing the procedure for annually electing the Chairperson and Vice -Chairperson. • On April 15, 2014, the Authority adopted amended and restated bylaws and rules of procedure via Resolution HA 2014-001. • Section 9 of the amended and restated Authority bylaws states that the Authority shall annually, at its first meeting held after December 30, vote to appoint two of its members to serve as Chairperson and Vice -Chairperson for the calendar year. FISCAL IMPACT — None. BACKGROUND/ANALYSIS The following Authority Members have held these positions in the past eight years: Year Chairperson Vice -Chairperson 2017 Kathleen Fitzpatrick Steve Sanchez 2018 Steve Sanchez John Pena 2019 John Pena Robert Radi 2020 Robert Radi Kathleen Fitzpatrick 2021 Kathleen Fitzpatrick Steve Sanchez 2022 Steve Sanchez John Pena 2023 John Pena Kathleen Fitzpatrick 2024 Kathleen Fitzpatrick Deborah McGarrey ALTERNATIVES As this action is required by Authority bylaws, staff does not recommend an alternative. Prepared by: Monika Radeva, Authority Secretary Approved by: Jon McMillen, Executive Director 19 20 City of La Qu i nta HOUSING AUTHORITY MEETING STAFF REPORT January 21, 2025 BUSINESS SESSION ITEM NO. 2 AGENDA TITLE: RECEIVE AND FILE FISCAL YEAR 2023/24 HOUSING AUTHORITY YEAR-END BUDGET REPORT RECOMMENDATION Receive and file 2023/24 Housing Authority Year -End Budget Report. EXECUTIVE SUMMARY • After closing the prior fiscal year (FY), Finance presents a year-end summary that compares the final budget to actual transactions. • Overall revenue was $504,241 higher than budgeted. • Overall expenditures were $346,094 lower than budgeted, after carryovers in the amount of $500,000 are carried over to FY 2024/25. • The Report was received and filed by the Housing Commission on December 11, 2024. BACKGROUND/ANALYSIS Total adjusted revenues were over budget by $504,241, mostly due to higher interest earnings. Total expenditures were under budget by $346,094; after $500,000 is carried over to FY 2024/25 for building improvements, homelessness assistance programs, and affordable housing programs. Revenues, expenditures, carryovers, and fund balances are discussed in the Fiscal Year - End 2023/24 Housing Authority Budget Report (Attachment 1). ALTERNATIVES No alternatives are applicable. Prepared by: Claudia Martinez, Finance Director Approved by: Jon McMillen, Executive Director Attachment: 1. Fiscal Year -End 2023/24 Housing Authority Budget Report 21 ATTACHMENT 1 CALIFORNIA HOUSING AUTHORITY FISCAL YEAR-END 2023/24 BUDGET REPORT The La Quinta Housing Authority oversees three funds, which are restricted for affordable housing programs. This report focuses on significant activities and variances from the final budget during the fiscal year (FY) ended June 30, 2024. REVENUES Total revenues, after non -cash adjustments, were over budget by $504,241. Revenues are summarized by fund below and detailed in Exhibit A. Housing Authority Fund RDA Low -Mod Housing Fund 2011 Bond Fund Total Revenues Investments Fair Market Value Adjustment RDA Loan Interest Earned, Extraordinary Gain Total Adiusted Revenues 1,771,500 2,273,334 501,834 30,000 257,181 227,181 1,423,009 1,500,969 77,960 3.224.509 4.031.484 806.975 (234,573) (234,573) (68,161) (68,161) 3,728,750 504,241 Larger revenue variances from the final budget are described below. • Use of Money and Property includes the annual fair market value adjustment to the Authority's investments; noted as GASB 31 Interest on the revenue line items. In accordance with accounting regulations, a portfolio value adjustment of $234,573 was recorded in order to recognize current market values, which were valued greater than book value due to market conditions resulting in a positive adjustment. This amount has been recorded as an adjustment to revenues, as it is not cash received nor anticipated to be received in the future. • Extraordinary Gain revenue of $68,161 in the RDA Low -Mod Housing Fund records the annual former Redevelopment Agency loan repayment interest earned in FY 2023/24. The loan repayments are structured to pay all principal first, then interest. Each year, the City records the payment received and interest earned in accordance with the State Department of Finance approved loan repayment schedule. This amount is also reduced from revenues as an adjustment because it is earned, but not received until a future date. 1 22 FXPFNRFR Housing Authority expenses by fund are summarized below and detailed in Exhibit B. Housing Authority Fund Administration 846,340 841,128 (5,212) La Quinta Cove Properties 350,000 379,320 29,320 Dune Palms Mobile Estates 1,130,000 545,969 (584,031) RDA Low -Mod Housing Fund 300,000 250,000 (50,000) 2011 Bond Fund 3,824,192 3,588,021 (236,171) Total Expenditures 6,450,532 5,604,438 (846,094) Capital Project Carryovers - Operational/Contractual Carryovers 500,000 Carryovers from FY 2023/24 to FY 2024/25 in the amount of $500,000 can be found on Exhibit C. HOUSING AUTHORITY FUND (241) This fund recognizes administrative expenses and housing activities for several Authority - owned properties in the La Quinta Cove and Dune Palms Mobile Estates. A combined administrative savings of $5,212 were realized from salaries and benefits, and operational expenses. However, there was an overage of $29,320 related to rental expenses for the Cove properties, incurred in connection with their maintenance. The majority of the savings, approximately $584,000, is attributed to building and site improvements at Dune Palms Mobile Estates, which are currently in progress. Funds not being carried over are recognized as Restricted Fund balance in the Housing Fund. As of June 30, 2024, the available balance in this fund was $12,125,383. LOW -MOD HOUSING FUND (243) Revenue in this fund is solely derived from Redevelopment Agency loan repayments and interest earnings. Annually loan repayments are allocated 80% to the General Fund and 20% to the Low -Mod Housing Fund. The total outstanding loan balance as of June 30, 2024 is $21,404,721; with $4,280,944 or 20% recognized in this fund as a future receivable. 2 23 In FY 2023/24, a total of $250,000 was expended for homelessness programs in the greater Coachella Valley, with savings of $50,000 being carried over to FY 2024/25. As of June 30, 2024, the available balance in this fund was $4,492,492. 2011 BOND FUND (249) This fund is restricted to future housing projects. In FY 2021/22, the City acquired vacant property located between the Pavilion at La Quinta Shopping Center and the La Quinta Valley Plaza Shopping Center on Highway 111, for the purposes of building affordable housing and potentially mixed -use economic development projects with commercial and residential components, which was finalized and accounted for in FY 2023/24. The amount of $200,000 will be carried over into FY 2024/25, to continue programs related to affordable housing project development. As of June 30, 2024, the available balance in this fund was $2,128,106. FUND BALANCES Below is a summary of Housing Authority fund balances as of June 30, 2024. These funds are restricted for housing programs. I- using Funds as .6/30/24 Housing Authority Fund (241) 12,125,383 Low -Mod Housing Fund (243) 4,492,492 2011 Bond Fund (249) 2,128,106 • •IRIE- •: 3 24 EXHIBIT A 2023/24 YEAR-END BUDGET REPORT CITY OF LA QUINTA HOUSING AUTHORITY FUNDS REVENUE DETAILS 2022/23 2023/24 2023/24 2023/24 Actuals Original Budget Final Budget Actuals 241 - HOUSING AUTHORITY 241-9101-41900 Allocated Interest 248,848 150,000 150,000 416,365 241-9101-41910 GASB 31 Interest (54,726) 0 0 165,958 241-9101-41915 Non -Allocated Interest 0 500 500 0 241-9101-42301 Miscellaneous Revenue 1 0 0 526 241-9101-42706 Loan Repayments s 190,528 0 0 80,124 241-9101-43504 2nd Trust Deed Repayments 50,253 100,000 150,000 148,869 241-9101-45000 Sale of Other Assets 0 0 120,000 118,416 241-9103-43501 Miscellaneous Revenue/LQRP 0 0 200,000 200,000 241-9103-43502 Rent Revenue/LQRP 372,345 350,000 350,000 351,454 241-9104-42112 Rent Revenue/Tenant/Dune Palms 786,712 800,000 800,000 791,622 241-9104-42302 Miscellaneous Revenue/Dune Palm 0 1,000 1,000 0 Total: 1,593,961 1,401,500 1,771,500 2,273,334 243 - RDA LOW -MOD HOUSING FUND in 2016) 243-0000-41900 Allocated Interest 69,979 30,000 30,000 143,666 243-0000-41910 GASB 31 Interest (28,370) 0 0 45,354 243-0000-48500 Extraordinary Gain 95,298 0 0 68,161 Total: 136,908 30,000 30,000 257,181 249 - SA 2011 LOW/MOD BOND FUND (Refinanced 249-0000-41900 Allocated Interest 16,611 6,000 6,000 4,616 249-0000-41910 GASB 31 Interest (5,220) 0 0 23,261 249-0000-41915 Non -Allocated Interest 47,267 30,000 30,000 86,083 249-0000-42301 Miscellaneous Revenue 1,106 0 0 0 249-0000-49500 Transfers In 0 0 1,387,009 1,387,009 Total: 59,764 36,000 1,423,009 1,500,969 HOUSING AUTHORITY REVENUE 1,790,633 1,467,500 3,224,509 4,031,484 Unaudited, final numbers will be reported in the 2023/24 Financial Statements 25 EXHIBIT B 2023/24 YEAR-END BUDGET REPORT CITY OF LA QUINTA HOUSING AUTHORITY FUNDS EXPENSE DETAILS 2022/23 2023/24 2023/24 2023/24 Actuals Original Budget Final Budget Actuals 241 - HOUSING AUTHORITY 9101 - Housing Authority - Admin 50 - Salaries and Benefits 241-9101-50101 Permanent Full Time 282,118 312,700 312,700 308,362 241-9101-50105 Salaries - Overtime 0 0 0 58 241-9101-50110 Commissions & Boards 700 1,800 1,800 500 241-9101-50150 Other Compensation 96 200 200 145 241-9101-50200 PERS-City Portion 22,352 29,600 29,600 27,150 241-9101-50215 Other Fringe Benefits 6,730 3,640 3,640 4,875 241-9101-50221 Medical Insurance 49,290 67,000 67,000 53,229 241-9101-50222 Vision Insurance 402 0 0 455 241-9101-50223 Dental Insurance 2,612 0 0 2,747 241-9101-50224 Life Insurance 182 0 0 175 241-9101-50225 Long Term Disability 1,634 2,000 2,000 1,764 241-9101-50230 Workers Comp Insurance 5,900 13,400 13,400 13,400 241-9101-50240 Social Security -Medicare 4,130 4,600 4,600 4,479 241-9101-50241 Social Security -FICA 87 0 0 56 50 - Salaries and Benefits Totals: 376,234 434,940 434,940 417,394 60 - Contract Services 241-9101-60103 Professional Services 68,352 75,000 75,000 75,228 241-9101-60106 Auditors 3,780 5,000 5,000 5,000 241-9101-60153 Attorney 15,568 20,000 20,000 33,905 241-9101-60157 Rental Expenes 0 0 200,000 200,000 60 - Contract Services Totals: 87,700 100,000 300,000 314,133 62 - Maintenance & Operations 241-9101-60320 Travel & Training 293 1,000 1,000 467 241-9101-60420 Operating Supplies 119 2,000 2,000 734 62 - Maintenance & Operations Totals: 412 3,000 3,000 1,201 69 - Internal Service Charges 241-9101-91843 Property & Crime Insurance 8,100 9,300 9,300 9,300 241-9101-91844 Earthquake Insurance 16,100 18,200 18,200 18,200 241-9101-98110 Information Tech Charges 64,400 80,900 80,900 80,900 69 - Internal Service Charges Totals: 88,600 108,400 108,400 108,400 9101 - Housing Authority - Admin Totals: 552,947 646,340 846,340 841,128 9103 - Housing Authority - LQRP 62 - Maintenance & Operations 241-9103-60157 Rental Expenses 760,748 300,000 350,000 379,320 62 - Maintenance & Operations Totals: 760,748 300,000 350,000 379,320 9103 - Housing Authority - LQRP Totals: 760,748 300,000 350,000 379,320 9104 - Dune Palms Mobile Estates 60 - Contract Services 241-9104-60103 Professional Services 118,328 100,000 100,000 116,883 241-9104-60157 Rental Expense 383,008 350,000 430,000 428,068 60 - Contract Services Totals: 501,337 450,000 530,000 544,952 68 - Capital Expenses 241-9104-72110 Building/Site Improvements 90,409 200,000 600,000 1,018 68 - Capital Expenses Totals: 90,409 200,000 600,000 1,018 9104 - Dune Palms Mobile Estates Totals: 591,746 650,000 1,130,000 545,969 241 - HOUSING AUTHORITY Totals: 1,905,441 1,596,340 2,326,340 1,766,417 Unaudited, final numbers will be reported in the 2023/24 Financial Statements 26 CITY OF LA QUINTA EXHIBIT B HOUSING AUTHORITY FUNDS EXPENSE DETAILS 2023/24 YEAR-END BUDGET REPORT 2022/23 2023/24 2023/24 2023/24 Actuals Original Budget Final Budget Actuals 243 - RDA LOW -MOD HOUSING FUND 0000 - Undesignated 64 - Other Expenses 243-0000-60532 Homelessness Assistance 255,000 250,000 300,000 250,000 64 - Other Expenses Totals: 255,000 250,000 300,000 250,000 0000 - Undesignated Totals: 255,000 250,000 300,000 250,000 243 - RDA LOW -MOD HOUSING FUND Totals: 255,000 250,000 300,000 250,000 Unaudited, final numbers will be reported in the 2023/24 Financial Statements 27 CITY OF LA QUINTA EXHIBIT B HOUSING AUTHORITY FUNDS EXPENSE DETAILS 2023/24 YEAR-END BUDGET REPORT 2022/23 2023/24 2023/24 2023/24 Actuals Original Budget Final Budget Actuals 249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 0000 - Undesignated 68 - Capital Expenses 249-0000-74010 Land Acquisition 50,000 0 3,574,192 3,587,121 249-0000-80050 Affordable Housing Project Developme 15,245 250,000 250,000 900 68 - Capital Expenses Totals: 65,245 250,000 3,824,192 3,588,021 0000 - Undesignated Totals: 65,245 250,000 3,824,192 3,588,021 L LOW/MOD BOND FUND (Refinanced in 2016) Totals: 65,245 250,000 3,824,192 3,588,021 Unaudited, final numbers will be reported in the 2023/24 Financial Statements 28 EXHIBIT C 2023/24 YEAR-END BUDGET REPORT HOUSING AUTHORITY FUNDS CARRYOVERY SUMMARY Revised Continuing Appropriations/Carryovers from 2023/24 to 2024/25 Vendor/Program Account Number Description Estimated Revised Dune Palms Mobile Estates improvements Homelessness assistance Affordable housing programs 241-9104-72110 243-0000-60532 249-0000-80050 Building/Site Improvements Homelessness Assistance Affordable Housing Project Development TOTAL AUTHORITY CARRYOVERS $ 500,000 $ 250,000 - $ 50,000 $ 200,000 500,000 $ 500,000 NOTE: In June 2024, when the budget was adopted, all carryovers were estimated based on projected invoices through the end of fiscal year 2023124. Following the completion of the final audit, Finance has verified account balances and provided additional carryover recommendations aligned with current budgetary needs. Under no circumstances shall a carryover exceed the revised per -account amount specified above. 29 HAND OUTS HOUSING AUTHORITY QUARTERLY MEETING JANUARY 21, 2025 HOUSING AUTHORITY QUARTERLY MEETING - JANUARY 21, 2025 - HAND-OUT BY CHRISTOPHER MORGAN MATTERS NOT ON THE AGENDA - WATERCOLORS HOA BULK INTERNET SERVICE AGREEMENT �-D TZ ;vK1L)D a"c Of -r -1'e kJ_,-4 5' SCt-_ Foy(? IN -rHI pie, Fr7SA 6- _WpP L.fi �'E C'6� �S j �� �� Fl ��� 6 k. I A) v 1IM .,j �onr;JF1' re-'tf11, W,1r-:il1,5,A,T A��� ,k 8 Svj_uTC e- Y P o 1'#.h v6 / ADAMS I STIRLING A Professional Law Corporation www.AdamsStirling.com www.Davis-Stirling.com www.Commercial C I D.com (800)464-2817 Watercolors Bulk Internet Services Agreement s Fiber 2 Gig Ser-v;c it speecs up to 1[ 10,0-2000 Mbps cowr.lc,:d/:.upload'" - • Eero Pro 6 v,!hcle-home 'Ali-Fi system • 4 connplimertar%/ Internet accounts 100%fiber-to- he -unit (FTTU) netr.vork 99.99% ne:Lwor k reliability . Premium 24/7 technical support • MuIti-Device Security enabled Sulk Video Services Agreement • DIRECTV.Strean-i - Choice Channel Lineup (90 f channelsi DIRECTV DVR servlce.v. i-_h 1 Osprey set -top box Stream content fr-on) anyvt,here on mobile device and smart TVs .I� rtIth '.x.�S_: fC;in in sigr,gd Proposal Date: - 9/11/2024 Assumptions • 5-year bulk services terry • Annual increases of up to 3% for Internet and 5% on Video • Pricing based upon provided project derails. changes or deviations, from plans may require revised pricing. • Pricing valid for 60 days. • All pricing subject to final engineering design and financial approvals. FRONTIER .S Watclh TV your way: DirecTV Stream provides true flexibility to watch your TV anytime, anywhere. Your community's bulk package includes: • DirecTV Stream Choice Programming (90+ channels) • Local channels and more regional sports networks than any other streaming TV provider • DirecTV stream boxes with channel guides, Google voice - controlled remotes and cloud -based DVR • Unlimited in -home streams of live and on -demand content • Install the DirecTV Stream app on your own streaming devices (Apple TV 4K, Roku, Chromecast, and Fire tv) • Stream content anywhere with the DirecTV mobile app • Individual upgrades to over 140+ channels and premium content Y I{ L* C_+,� !?4,i F 11 -- F:Rw HOUSING AUTHORITY QUARTERLY MEETING - JANUARY 21, 2025 - HAND-OUT BY JAMES LEWIS MATTERS NOT ON THE AGENDA - WATERCOLORS HOA BULK INTERNET SERVICE AGREEMENT Board Push for Bulk Cable Vote is Beyond the Primary Duty of Directors Rnarrl arrinn withnnr a cnrvPv to aSrf main r1PSirahility and iffnrrLihility fnr all nwnFrS rnnl, it rninn themselves to inve *igate bulk cable costs and place it on the ballot to give the board permission to sign d five-year contract for• bulk cable services. ihi5 dt_tiUn falls UutSidL! of thL'rror'rlial and pl'irllai'y dUtiUS of d clirectur. The pr'inlar'y duty l Mated to levying Assessments arc: Boards must impose regular and special assessments sufficient to early out Iheirr responsibilities under the anvvrnina rinrnlnPnlc (('iv cnrlP S ';Gr)f)(;& nark PlarP v Nahvr 1 ThPir nrilnary rhltiPc of F, to (i) maintain the common areas. 60 fund the reserves fol' maintaining the common areas, (iii) pU1ChaSe_ insurance (Pei, statute and the CC&Rs), and (iv) enforce the QoveminQ documents._ This statement from Davis -Stirling directs director clecisions and is the basis for all assessments'. Regular and Special. The Governing Documents of Watercolors at La Quinta (WC) further clarify the duties members expect of their clirectors... Especially as a 55 F low and moclerate limited -income, of forclable housing clevelopment was planned, designed, and built with the needs of those who could not afforcl housing. As Watercolors was built by a private developer, the City did not fund the build out of the development, however the Agreement stipulated that Up to $800,000 of RDA funds were appropriated to secure entitlements; and up to $7 million was allocated for "Home -buyer Assistance" providing silent second_ VUSLdeed loans to Qualified home -buyers. The Hgleellltlll, d1.11.1lUVcIIS, dllU lelcltell Illeellllg dgelllldb dllll I1111111teJ, Ldll be VIeWf•U Vlcl llle l.1ly*J Public Document Portal 24/7 via the link below: The Silent second was the means of affordable for us and most owners here; but it seems that some had no need for affordability. After reading extensively during our 7-year residency here, it is my Understancling (and that of many others who have CIISCLISSed this with me) that WC exists solely for those with a limited income; certification was supposed to ensure that stipulation. In addition, our Governing DOCLrmentS stipulate that special assessments that increase by over 201),b of the previous year's assessment is limited for that which is an unforeseen maintenance, repair, or replacement of a capital asset or improvement. $65 is over the 20% limit and it not a necessity. Finally, even if this was an acceptable expense (which it is not), that those with an excess of income would not take into account their neighbors who clon't have much cliscretionary income and don't even Use cable amounts to —well, oppressive! In this age of sensitivity for the oppressed this board action should not be taken. It is not equitable by any means of measurement. We implore the board to cease this effort and owners to vote NO. For neighbors of limited means, James & Leslie Lewis 47875 Endless Skv La Quinta, CA 92253 I-FWAS.WAI\Ir..l (m Watercolors at La Quinta Governing Docs Article I Section 3 Section 3. Assessments. The following definitions shall apply to the assessments UC.16'CIUVIl UCIUW. t-.>� (a) Regular Assessment shall mean the amount which is to be paid by each Owner to the Association for Common Expenses as provided by the terms of this Declaration. (b) Special Assessment shall mean a charge against each Owner and his Lot, representing it portion of the cost to the Association for installation or construction of any capital imj) 1 ements on any of the Common Areas and other purposes which the Association may from time to time authorize pursuant to the provisions of this Deciaration. (c) Reimbursement Assessment shall mean a charge against a particular Owner and his Lot for the purpose of reimbursing the Association for costs incurred in bringing the Owner and his Lot into compliance with the provisions of the Governing Documents, or any other charge designated as a Reimbursement Assessment in this Declaration or Association rules, together with attorney's lees and other charges payable by such Owner, pursuant to the provisions of this Declaration. (d) Reconstruction Assessment shall mean a charge against each Owner and his I,ot representing a portion of the cost to the Association for reconstruction of any portion of the Common Areas pursuant to the pro, isions of this Declaration. Section 4. Association. The term "Association" shall mean and refer to Watercolors At La Quinta homeowners Association, a California nonprofit mutual benefit corporation, its successors and assigns. Section 5. Association Maintenance Areas. The term "Association Maintenance Areas' shall mean and refer to any area or imnrovement within nr arGnr enr to flip Pr";pPt xx+;ol, Article VI ARTICLE VI COVENANT FOR MA€NTENAIVf:E ASSESSMENTS Section 1. Covenant to Pay Assessments. Declarant, for each Lot owned within the Project, hereby covenants, and each Owner of any i,ot, by acceptwice of a conveyance thereof - (whether or not it is expressed In such conveyance), is deerned to covenant and agree to pay to the Association: (I) Regular A."essnients or charges, (2) Special Assessments for capital improvements and other fur loses, (3) Reimbursement Assessments, and (4) Reconstruction Assessments, all such assessments to be established and collected as hereinafter provided. Each of thesr together with interest, costs of collection and reasonable attorney's fees, shall also be the personal obligation of the person t-Aho was the Owner of such Lot at the time the assessment became due. The personal obligation for delinquent assessments shall not pays to Such persons successors in intefest unless rxpreessly assumed by them. Section 2. Purpose of Assessments. The Association shall levy Regular and Special Assessments in sufficient amounts to perform the Association's obligations under the Governing Documents, but shall not impose or collect an assessment or fee that exceeds the amount -�---� necessary- to defray the costs for which it is levied. 'file assessments levied by the Association shall be used_ exclusively to promote the recreation, health, satctj, and weltare of the residents of the Pro'ect_and for the improyv_emem, oMrutiou and _nnai itenance of the Common Areas and the Yrpject quid the performance of the duties of the Association as set forth in the Governine Section 3 Regular Assessments. 1 he amount and time of payment of Regular Assessments against each Lot shall be detcntnined by the Board, giving due consideration to the current maintenance costs and future needs of the .Association. Regular Assessments are collected from the Owners to dcfrav e�er�ses attributable to the ownership3 oI eratiorLor furnislu_nuof common interests or_tlte en•oyrrlent of mutual and reciprocal rights of use: Not later than sixty (60) days prior to the beginning- of each fiscal year, the Beard shall estimate the total Common Expenses to be incurred for the upcoming fiscal year, and shall determine the amount of Regular Assessments to be paid by cacti Member. \Vritten notice of the amount of the Regular Assessment for the year shall be sent to each Member, who shall thereafter pay the Regular Assessment to the Association in monthly installments Any increase in Regular Assessments shall be undertaken in compliance with Section 5 of this Article VI. Section 4. Special Assessments. If the Board doennines that the estimated total amount of funds necessary to detrav the C'onunon F.xwnses of the Association for a uiven fiscal year is or will become inadequate to meet expenses for any reason, including, but not limited to. r unanticipated define uenciess,costs of constr_ucdion, unex ectcd repairs or replacement of capital llllproycments one dattn e and destruction or condemnation of, the Common Veas. the Hoard shall determine the approximate amount necessary to defray such expenses and, if the amount i, approved by a majority vote of the Board and does not exceed five (5) percent of the budgeted gross expenses of the Association• it shall be become a Special Assessment: provided, hoHever. that such limitations shall not apply to Special Assessments levied by the Board to replenish the 4c�nriatinn c r�c,rr�•r �r,,nrrnt ac l�rr��-ir1N,l in ,1WTI 7i�VIA -%fdi Rvi-ii m T v,-� t for Special Assessment, levied pursuant to Section 7(a)(3) of the Bylaws. any Special 16 '�innle. ^on crd:r Lt fvn umgwr 6 N! A HI )SA Or- � I r.l AIM I•t`) f',V,•ar--hi, 9r 1 I +l11lilt I %%!slff 11C4I IrJ16.,'¢ 1:1 K Assessment in excess of five (5) percent of the budgeted gross expenses of the Association shall be subject to limitations set forth in Section 5 below. The Board may, in its discretion, prorate ,uL1 apcciai Assessment over the remaining months of the fiscal year or levy the assessment immediately against each Lot_ Unless exempt from federal or state taxation, all proceeds from and Special Assessment shall be segregated and deposited into a special account and shall be used solely for the purpose or purposes for which it was levied, or it shall be otherwise handled and used in a manner authorized by law or regulations of the Internal Revenue Service or the California Franchise Tax Board in order to avoid. if possible, its taxation as income of the Association. Section 5. Increases in Regular and Special Assessments. In the event that the Board at any time determines that the estimate of total charges for the current year is or will become inadequate to meet all Common Expenses for any reason, it shall immediately determine the approximate amount of such inadequacy and issue a supplemental estimate of the Common Expenses and determine a revised amount of Regular Assessments for each Member and the date or dates when clue. I lowever, annual increases in Regular Assessments for any fiscal year shall not be imposed unless (a) the Board has 1&eRareq and distributed, not less lltan 45 days nor roc than 60 UU-Vti PLWI lU MC IX inning of the Iiscai vcar or die_ Association, a copy of the pro forma 2E ating budget (as described in Article V, IF Section 7 (a) of the Bps) with respect to that fiscal year=.or b the Board has obtained the approval Owners constituting, a quorum, casting a majority of the votes at a meeting or election of the Association. In any event, except as provided below, Regular Assessments may not be increased by more than twenty 12rcent,2013o) over the Regular Assessment for the precedinf scat year and increases in Special Assessments may not exceed in the aggregate five percent (5%) of the budgeted gross expenses of the Association for the current fiscal year. without approval by the vote or written atizent of Owner -, constituting a quorum, casting a majority of the votes at a meeting or election of the Association. Notice and quorum for any meeting called to approve an increase in Regular or Special Assessments in excess of the percentage limitations described above (or in connection with any increase liar which a pro forma operating budget was not prepared and distributed as set forth above) shall be conducted in accordance with Sections 4 and 6 of Article IV of the Bylaws. For purposes of this Section, "quorum" means more than fitly percent (50%) of the Owners of the Association. Any meeting or election of the Association for purposes of complying with this SCeliUll ,iraii be QUlydUCLCU in accordance with Sections 75i0 through 7_527 and 760 of the Corporations Code. The Association shall provide notice by first-class mail to the Owners of any increase in Regular or Special Assessments, not less than thirty (10) nor more than sixty (60) days prior to the date the increased Assessment becomes due. The percentage limitations for increases in Regular and Special Assessments described above will not limit assessment increases necessary for emergency situations. An "emergency situation" includes any one of the following: (a) ?.rt extraordinary expense required by an order of a court; Page 17 (h) An extraordinary exL�et se nLccS, sarN to re lair_or maintain the P_ roject or an}wLlalt of it fgr_��hich t]>~e�Association is responsible where a threat to personal saletY is discovered, or _ !L sat (!`t do Nvtr•inrrlt,v,rtr n�,�4..�rn �n�n.•,. f.. ....:.. A, - i)... di5@k3SYtX�As"R: �' �::....=,::....�._�.�.='._:5.;;..1....�.�:. �"....�i`.,"..�::_'....,`.....•_.�v..M:.l: ui:���r�i%�ii�tci.��, t�i�� :--I i a UI:-.a3rt of it for which the. Associatiom is resoonsible_w•hich could not have been reasonably foreseen bs the Beard in prepaying and distributing its pro t6nna operating budget of the Association as described in Article VIt, Section 7 (a) of the Bvlaws. Prior to the imposition or collection of an assessment under this subparagraph (c), the Board shall adopt a resolution containing written findings regarding the ncce55;ity of the extraordinary expense and why suh c expense was not or could not have bccn rcasonably foreseen in the budgeting process, which resolution shall be distributed to the Members with the notice of such assessment, The provisions of this section ale is1 accordance with California Civil Code Section 1366 as currently in effect, and the Board, prior to imposing a Special Assessment or anti- increase in Regular or Special Assessments. shall comply with the provisions of California Civil Code Section 1366 or anv successor statutethenin effect. Section G. Reimbursement Assessments, The Association may levy a Reimbursement Assessment acainst any ONVner who fails to comnly with the nro\ isione of this Declaration, the deteni-iinations of the Architectural Committee, the ;articles or BNlaws. or any rule or regulation adopted by the Association, ifsuch failure results in the expenditure of monies by the Association in carrying out its functions hereunder of for proposes of collecting any tines Which may be levied b) the Association_ Such assessment shall also be for the purpose of reimbursing the Association for any costs incurred by the Association on behalf of an individual Owner. A IKcirnburseinent Assessment shall be due autd payable to the Association when levied but may not become a lien as provided by Section 14(b) of this Article VI which could otherwise be eniorced by a sale of the Owncl s Lot Section 7. Reconstruction Assessments. Assessments for lcconstruction of Improvements upon tile Comi11011 Areas may he levied in accordance with the prox isions of that :rticic belop.N entitled "D1:SI R! OTIOI� OF l� l�f:OVl:n t1:N7 ti, Section b. Uniform Rate of Assessment. Regular and Spccial Assessments shall be fixed at a uniform rate for all i ots (including those owned by Declarant) and shall be levied twt4inO .••%A Oxx ti-r wi,nriiin„ to Iha r•,fin nrtlio nnmha.r M, I ` 1 n., —,A h.• thn (fu f., 11-,u fnfol number of Lots subject to assessment Section e). Date of Commencement of Regular Assessments: Due Dates. The Regular Assessments described herein shall commence as to all Lots in the initial Phase (including those owned by Declarant) on the first day of the month follov ing the conveyance of the first Lot by Declarant to an Owner: provided, however, that Regular Assessments as to Lots in subsequent Phases shall commence on the first day of the month following conveyance: of the lust Lot in such subsequent annexed Niase by declarant to an Uwner, with respect to any Phase of the Project, the Association's duty to maintain that Phase shall commence when Regular Assessments on that Phase commence. 1s PLEASE! VOTE "YES" ON BULK CONNECTIVITY FOR INTERNET AND BROADCAST, STREAMING & CABLE TV! Let's face it. In the last few years we've all seen significant erosion in our "fixed" incomes. Whetheryou are "low income", "middle income", or, for a few, Watercolors is your second home, inflation and price gouging has stolen a significant portion of your income. The benchmarks that are used to calculate Social Security increases do not accurately reflect the increases that seniors experience in their monthly expenses. IID rates will increase next year. We're all paying more for food and healthcare. And the majority of Watercolors residents, who have been Spectrum customers since moving here, have experienced multiple price increases every year. For most residents TV is a necessity. It's how most of us receive our news, and other forms of entertainment are simply out of reach. For most residents, the internet is also a necessity. Our healthcare providers all but require it these days to keep us informed of test results, appointments, and co -pays. Our families use it to keep in touch. And now, of all our expenses, we finally, finally have the opportunity to reduce the cost of one of our necessities. For most residents the cost of their internet service and cable TV is at least $150 per month, many are paying about $200, and some are paying even more! For a resident who is paying $200 a month, fixing this cost at $65 a month —FOR 5 YEARS —will result in net savings of $135 a month! $1,620 a year! And in 2025, if we choose Spectrum, then we will see one month for free, another savings of at least $150 for most. Given the historical pattern of MULTIPLE price increases each year, the annual $1,620 savings can reliably be expected to INCREASE as we move forward. To pass on this opportunity to deliver significant savings to ALL Watercolors residents is simply wrong. PLEASE! VOTE "YES" ON BULK CONNECTIVITY FOR INTERNET AND BROADCAST, STREAMING & CABLE TV! 3cenarlo 1 Assum:idons .ow Income Ainimum 3% Downpayment Ind Trust Deed of 5103.000 merest Rate of 6.` , iOA Dues of $235.20 Down rayment 8 003 Agency 2nd 103000 155.74E P&1 984 Taxes 171 Utilities 75 Ins 6' HOA _39 PMI 0 1.536 1 536 Scenario 2 Assum:)flons .ow Income iiinintum 35i, Downpayment !no Trust Deed of 5103,000 merest Rate of 6.1 1%: IDA Dues of $304.20 .ow Inc Sales Price 253 000 !-Bed Down )ayment 7 740 Agency 2nd 103000 14 , 250 P&I 931 Tares 161 Utilities 75 Ins 65 HOA 304 PMI 0 1,536 1.536 Low Inc Sales Price 229 700 3-Bed Downpayment 8,691 Agency 2nd 103 000 173009 P&I 1.125 Taxes 19" Utilities 75 Ins 722 HOA 1_39 PMI 0 1.706 Low Inc Sales Price 281 000 3-Bed Downpayment 8 430 Agency 2nd 103 000 169 570 P&I 1,072 Taxes i85 Utilities 75 Ins 70 HOA 304 PMI 0 1,706 Law Income 2-Bed,00m Difference between Increase Only and Increase+ assessment $8,750 Lo•w Income 3-Bedroom Difference betveen Increase Only and Increase * assessment $8, 700 1.706 1,706 :Scenario 1 Assumptions Moderate Income Minimum 3% Downpayment :!nd Trust Deed of $103,000 Interest Rate of 6.5`%L HOA Dues of $2 39.20 Downpayment Agency 2nd P&I Taxes Utilities Ins HO,: PMI :Scenario 2 Assumptions Moderate Income ]Ainimum 344o Downpayment :Ind Trust Deed of $103,000 Interest Pate of 6.58, 140A Dues or $304.20 43f 77573 1;.173 10; .000 31: 9-17 a.o41 350 75 110 739 0 2,815 2,815 'llAod Inc Sales Price 430 250 :I -Bed Downpaymen; 12 908 ..Agency 2nd 103 000 314 343 P&I 1 987 Taxes 341 Utilities 75 Ins 108 HOA 304 PMI 0 2,815 2,815 Mod Inc Sales Price 481 250 3-Bed Downpayment 1-1438 Agency 2nd 103.000 363 81 P& I 2 300 Taxes 194 Utilities 75 Ins 120 HOA 239 PM! 0 3,128 Mod Inc Sales Pace 472 500 3-Bed Downpayment 14.175 Agency 2nd 103 000 355 325 P&I 21_46 Ta es 1185 Utilities 75 Ins 118 HOA 304 PMI 0 3.128 Moderate Income 2-Bedroom Difference between Increase Cnly and Increase - Assessment $8,850 Moderate Income 3-Bednom Difference between Increase Cnly and Increase � Assessmert $8,750 All information provided is for comparison purposes only and should not be assumed as a resale value as various factors affect this determination for each individual property. 3 128 3,128 POWER POINTS HOUSING AUTHORITY QUARTERLY MEETING JANUARY 21, 2025 January 21, 2025 1 Housing Authority Regular Meeting January 21, 2025 Housing Authority Regular Meeting January 21, 2025 PUBLIC COMMENT – MATTERS NOT ON THE AGENDA 1/22/2025 62 63 January 21, 2025 2 Housing Authority Regular Meeting January 21, 2025 B1 – Appoint Housing Authority Chairperson and Vice-Chairperson for 2025 64 65 January 21, 2025 3 Housing Authority Regular Meeting January 21, 2025 B2 – Fiscal Year-End 2023/24 Housing Authority Budget Report 66 67 January 21, 2025 4 Overall Revenues • $504,241 over budget due to: – Interest earnings • Two non-cash adjustments – $234,573 fair market value – $68,161 RDA loan interest earnings • $687,415 RDA loan repayment in 2023/24 – 20% Housing portion Overall Expenses • Housing Authority Fund under budget by $559,923 – Savings in payroll and operational expenses – Carryover of $250,000 for building/site improvements underway for FY 24/25 • Low-Mod & Bond Fund savings – Carryover of $250,000 to FY 2024/25 • Homelessness assistance & affordable housing program development 68 69 January 21, 2025 5 Available Fund Balances Receivable in Low-Mod Housing Fund Principal $1,245,745 Interest $3,035,199 RDA Loan Balance $4,280,944 Fund Balance Fund $12,125,383Housing Authority Fund (241) $4,492,492Low-Mod Housing Fund (243) $2,128,1062011 Bond Fund (249) $18,745,981TOTAL 70 71