RDA Resolution 2006-001
RESOLUTION NO. RA 2006-001
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT
AGENCY OF THE CITY OF LA QUINTA, CALIFORNIA,
APPROVING A DEVELOPMENT AGREEMENT FOR
PARKING MANAGEMENT, ASSOCIATED WITH AN
APPROVED DEVELOPMENT PROJECT
DEVELOPMENT AGREEMENT 2005-008
CALLE ESTADO, LLC.
WHEREAS, California Government Code Section 65864 et seq. (the
/JDevelopment Agreement Law/J) authorizes cities to enter into binding development
agreements with persons having a legal or equitable interest in real property for the
development of such property, all for the purpose of strengthening the public
planning process, encouraging private participation and comprehensive planning,
and identifying the economic costs of such development; and,
WHEREAS, the City Council of the City of La Quinta, California, did on
the 6th day of December, 2006, approve Development Agreement 2005-008 by
adoption of Ordinance 424, for the establishment of parking management
restrictions as part of a ± 10,709 square-foot commercial retail/office building, as
approved under Village Use Permit 2005-027, to be located at the southwest
corner of Calle Estado and Desert Club Drive, more particularly described as:
LOTS 10, 11 & 12, BLOCK 9 OF DESERT CLUB
TRACT UNIT #1
WHEREAS, the Redevelopment Agency of the City of La Quinta,
California, is entering into this Agreement for the sole and exclusive purposes of
providing its consent, as provided in said Development Agreement, to the crediting
of 1 5 parking stalls on the Agency Parking Lot property, as described in saíd
Development Agreement, towards the Project's parking and for no other purpose;
and,
WHEREAS, the La Quinta Redevelopment Agency finds that an actions
required to be taken by the City precedent to the adoption of this Resolution, have
been regularly and duly taken"
NOW, THEREFORE, BE IT RESOLVED by the La Guinta Redevelopment
Agency of the City of La Quinta, as follows:
Resolution No. RA 2006-001
Development Agreement 2005-008
Calle Estado, LLC
February 21, 2006
Page 2
1 . That the above recitations are true and constitute the findings of the Agency
in this case;
2. That it does hereby approve Development Agreement 2005-008 for the
reasons set forth in this Resolution.
PASSED, APPROVED, and ADOPTED at a regular meeting of the La
Ouinta Redevelopment Agency, held on this the 21 st day of February, 2006, by the
following vote, to wit:
AYES: Members Adolph, Henderson, Sniff, Chair Osborne
NOES: None
ABSENT: One Vacancy
ABSTAIN: None
. 0 B gency Chair
La Ouinta Redevelopment Agency
ATTEST:
~YlL-~ -Po.Wfl o-º
---..".
DEBORAH POWELL, Acting Agency Secretary
La Ouinta Redevelopment Agency
(AGENCY SEAL)
-- ~ -- _.~_.__.._.._-------- --
Resolution No. RA 2006-001
Development Agreement 2005-008
Calle Estado. LLC
February 21, 2006
Page 3
APPROVED AS TO FORM:
I
M. KÄTHERINE JENSON, Agency Counsel
La Guinta Redevelopment Agency