1989 01 31 RDA Minutes LA QUINTA REDEVELOPMENT AGENCY
MINUTES
JANUARY 31, 1969
Meeting of the La Quinta Redevelopment Agency was called to order
by Chairman Pena.
PRESENT: Mr. Bohnenberger, Mr. Rushworth, Mr. Sniff, Chairman
Pena
ABSENT: Mrs. Bosworth
PUBLIC HEARINGS None
BUSINESS SESSION
1. CONSIDERATION OF ASSESSMENT SUBSIDY PROGRAM FOR ASSESSMENT
DISTRICT NO. 88-1.
Mr. Kiedrowski, City Manager advised that on January 17th,
staff presented a proposal that called for the Redevelopment
Agency to subsidize assessment district payments for
Assessment District No. 88-1 from the Agency's low to
moderate income housing set-aside funds. This program would
be made available to persons and households in the low to
moderate income categories. The program's purpose is to
improve and increase the supply of affordable very low, low
and moderate income housing while providing necessary
infrastructure improvements utilizing assessment district
funding.
At the conclusion of the reports, he recommended that the
Assessment Subsidy program be approved and that he be
directed to move forward and institute the activities
necessary for implementation. Final approval of this program
will take place through the adoption of resolutions by both
the Council and the Redevelopment Agency at a future date.
FRANK SPEVACEK, representing Rosenow, Spevacek Group, advised
that if the Council/Agency approves this program, the
material included in staff?s report to Council will be mailed
out to the property owners within Phase I of the Assessment
District to inform them of the availability of this program.
The goal is to qualify and achieve funding for all qualified
families by March 13th, which is the end of the cash payment
period. After that date, qualification would be on-going far
the duration of the program.
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In response to Mr. Bohnenberger, Mr. Spevacek advised that in
the case of rental property, both the owner and renter would
have to apply and the renter would have to submit income
statements and the owner would have to agree to have a
covenant recorded against his property to guarantee
affordable rental rates for the life of the project.
Mr. Bohnenberger felt the total allowable assets should be
increased from $25,000 to $100,000 if it can be done
legally. Mr. Spevacek advised that there is no legal basis
for the amount the Council/Agency can make that
determination.
Mr. Kiedrowski noted that an individual who owns more than
one parcel can use the subsidy program for only one parcel.
Mr. Sniff stated that he wished to proceed with the program
and favored raising the asset limit to $100,000. He
questioned how this program would be administered and Mr.
Spevacek proceeded to detail the process.
In answer to further questions by Mr. Sniff, Mr. Kiedrowski
advised that the program is justified in the same manner in
which the Redevelopment agency was formed. The plan adopted
several years ago says that the area is prone to flooding,
that it lacks street improvements, that it lacks adequate
water in places and lacks sewers all of these affect
housing conditions.
Regarding the money this pool will have in it, Mr. Spevacek
advised that 88/89 it will have an estimated $292,000; in
89/90 $493,000; and in 91/92 $705,000.
In response to Mr. Sniff, Mr. Spevacek and Mr. Kiedrowski
advised that g" under eligibility can be removed regarding
right-of-way dedication.
Discussion ensued regarding rental properties with Council
and Consultant concurring in sending out two application
forms one for owner/occupied units and one for
renter/occupied units.
Regarding confidentiality of files, Mr. Spevacek advised that
a limited number of people will have access to the files.
Chairman Pena asked if an individual would have to continue
qualifying each year, and Mr. Spevacek advised that that part
of the program has not yet been worked out.
Mr. Kiedrowski then reviewed the qualifying income categories.
Regarding the determination of assets, Mr. Spevacek advised
that other than using IRS forms, there is no other way to
verify total assets.
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With regard to the on-going administration of the program,
Mr. Kiedrowski advised that there may need to be a full time
person assigned to it either by the consultants or City
staff, which can be paid for through the Assessment District.
MOTION It was moved by Mr. Bohnenberger, seconded by Mr.
Sniff that the Executive Director be directed to move forward
and institute the activities necessary for implementation of
this subsidy program and that two forms be sent out one for
renters and one for owners and that Item g be removed from
eligibility and that the net assets under Item d be changed
from $25,000 to $100,000. Motion carried unanimously.
MINUTE ORDER NO. RDA 89-5.
At this time, the Board adjourned to Closed Session to discuss
exposure to litigation and possible initiation of litigation
pursuant to Government Code Sections 54956.9B1 and 54956.9C. The
Board reconvened to regular session and took no action.
Upon motion by Mr. Sniff, seconded by Mr. Bohnenberger, the
meeting was adjourned.
5 itted,
RA L OLA, Secretary
La Quinta Redevelopment Agency
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