Loading...
RDA Resolution 2003-17~ ....... RESOLUTION NO. RA 2003-17 A RESOLUTION OF THE. LA QUINTA REDEVELOPMENT AGENCY APPROVING THE PURCHASE AND IMPROVEMENT OF CERTAIN PROPERTY TO BE USED AS A COACHELLA VALLEY WATER DISTRICT WELL SITE WHEREAS, the La Ouinta Redevelopment Agency ("Agency") is a public body, corporate and politic organized and existing under the Community Redevelopment Law (California Health and Safety Code § 33000, et seq.) to carry out the purposes of redevelopment in the City of La Quinta ("City"); and WHEREAS, the Agency is engaged in activities necessary to execute and implement the Redevelopment Plan for the La Quinta Redevelopment Project No. 1 ("Redevelopment Plan" or "Project Area," as applicable); and WHEREAS, the Agency has entered into, or is about to enter into, an Agreement for Purchase and Sale of Real Property ("Agreement") located at the southeast corner of Westward Ho Drive and Dune Palms Road (APN 640-040-001), City of La Quinta, California ("Property"), with John T. Slater, Jr., Trustee ("Seller"), for the purchase price of Fifty Thousand Dollars ($50,000) (the "Purchase Price"). The Agency intends to develop the Property as a well site ("Well site") and transfer the Property to the Coachella ValleY Water District ("CVWD") as part of the requirements .to construct certain public improvements at Silver Rock Ranch; and / WHEREAS, pursuant to Section 518 of the Re evelopment Plan the Agency may pay all or part of the value of the land for and the cost of the installation and construction of public improvements and utilities necessary to carry out the purposes of the Redevelopment Plan; 'and WHEREAS, the lack of recreational facilities was documented as one of the conditions of blight that justified the formation of the Project Area' as cited in the October 1983 Report to the La Quinta City Council on the Proposed Redevelopment Plan for the Project Area; and · WHEREAS, purchasing the Property would afford the Agency the opportunity to address some of the aforementioned conditions of blight; and WHEREAS, there is inadequate funding within the City's General Fund or from other sources to acquire and improve the Property per CVWD requirements; and Resolution No. RA 2003-17 Westward Ho Well Site Purchase Adopted: October 7, 2003 Page 2 WHEREAS, the Agency's purchase of the Property is in accordance with the Redevelopment Plan and is of benefit to the Project Area. NOW, THEREFORE, BE IT RESOLVED BY THE LA QUINTA REDEVELOPMENT AGENCY AS FOLLOWS: Section 1. That the above recitals are true and correct and incorporated herein. Section 2. That the Agency does hereby find and determine as follows: a. That the Agency's funding of the purchase of the Property is of benefit to the Project Area and to the immediate neighborhood of the Property in that it will facilitate the development of recreation facilities at SilverRock Ranch and promote economic development activity in the Project Area by facilitating one of the CVWD requirements for providing water and sewer service to the SilverRock Ranch development. b. That no other reasonable means of financing the purchase of the Property, which will be publicly owned, is available to the community 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 is to use Agency funding; (iii) without Agency funding the City would be unable to purchase the Property and thereafter develop the SilverRock Ranch, all to the detriment of the redevelopment of the Project Area. c. That the Agency's payment identified herein will assist in the elimination of blighting conditions in the Project Area in that deficient recreational facilities is a blighting condition addressed by the Agency's payment. d. That the Agency's payment identified herein is consistent with Agency's adopted Implementation Plan, in that improving public facilities in and benefiting the Project Area is a priority identified in the Implementation Plan. e. That the Agency's payment for the Property is necessary to effectuate the purposes of the Redevelopment Plan. Section 3. The Agency's payment to purchase and improve the Property is hereby approved, and'the funding is authorized for these purposes. Resolution No. RA 2003-17 Westward Ho Well Site Purchase Adopted: October 7, 2003 Page 3 Section 4. The Executive Director is authorized and direCted to take such other and further actions as may be necessary and proper to affect the purchase of this Property and to accept the grant deed for the Property. PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta Redevelopment Agency held on this 7th day of October, 2003, by the following vote: AYES: Members Adolph, Perkins, Sniff, Chair Henderson NOES: None ABSENT: Member Osborne ABSTAIN: None ~IDERSON, Agency Chair La Ouinta Redevelopment Agency ATTEST: JUN CMC, Agenc~e'cretary La Ouinta Redevelopment Agency (Agency Seal) APPROVED AS TO FORM: ~-- M. KA-T~ERINE JENSON,-A~ionc~'C°uhsel La Quinta Redevelopment Agency