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CC Resolution 2008-084RESOLUTION NO. 2008-084 A RESOLUTION OF THE CITY OF LA QUINTA APPROVING A PURCHASE AND SALE AGREEMENT BETWEEN THE CITY AND URBAN HOUSING COMMUNITIES FOR THE PURCHASE OF LAND LOCATED EAST SIDE OF DUNE PALMS ROAD, SOUTH OF HIGHWAY 111, MAKING FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445 AND CONSENTING TO THE USE OF LA QUINTA REDEVELOPMENT FUNDS FOR THE ACQUISITION WHEREAS, in order to improve traffic circulation in the vicinity of Highway 111 and Dune Palms Road, the City of La Quinta has proposed to construct a new public roadway ("Roadway Improvements") which will allow traffic to access businesses and proposed residential development east of Dune Palms Road and south of Highway 11 1 without having to drive along Highway 1 1 1; and WHEREAS, the Roadway Improvements will also enhance the emergency vehicle access to the general area; WHEREAS, the Roadway Improvements are proposed in connection with the Desert Sand Unified School District in an effort to coordinate and jointly facilitate bus and passenger vehicle traffic in the area; WHEREAS, the lack of adequate roadways was documented as one of the conditions of blight that justified the formation of Project Area 2; WHEREAS, constructing the Roadway Improvements would afford the La Quinta Redevelopment Agency the opportunity to address the aforementioned conditions of blight; and WHEREAS, constructing the Roadway Improvements would enhance the safe access to and from the Agency's proposed affordable housing project located east of Dune Palms and south of Highway 111; and WHEREAS, there is inadequate funding within the City's General Fund or from other sources to develop the Roadway Improvements; and WHEREAS, it would be in the best interest of the public to pursue the construction of the Roadway Improvements; and WHEREAS, the City and the owner of the right-of-way needed for the Roadway Improvements have negotiated a purchase and sale agreement to effectuate the City's acquisition of the right-of-way. Resolution No. 2008-084 Purchase & Sele -Urban Housing Communkies Adopted: December 16, 2008 Page 2 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of La Quinta as follows: SECTION 1. The above recitations are true and correct and are adopted as the findings of the City Council. SECTION 2. Pursuant to Health and Safety Code Section 33445(a), the City Council finds and determines that: A. The construction of the Roadway Improvements is of benefit to Project Area No. 2, and to the immediate neighborhood in which the Roadway Improvements are to be located, in that it will improve the flow of traffic, reduce the number of traffic trips on Highway 111, and enhance the ability of emergency vehicles to service the area. B. No other reasonable means of financing the Roadway Improvements are available to the community. C. The payment of funds for the development of the Roadway Improvements will assist in the elimination of one or more blighting conditions inside the Project Area, including the lack of adequate roadways, will also assist in the Agency's provision of affordable housing, and is consistent with the Agency's implementation plans adopted pursuant to Section 33490. SECTION 3. The City hereby consents to the expenditure of redevelopment funds for the acquisition of the right-of-way for the Roadway Improvements. SECTION 4. The City hereby approves the Purchase and Sale Agreement between the City and Urban Housing Communities, LLC, for the purchase of the right- of-way needed for the Roadway Improvements, and authorizes the City Manager to execute the Agreement and all other necessary document, including the acceptance of the Grant Deed for the property, subject to any further revisions approved by the City Manager and the City Attorney. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on the 16`" of December, 2008, by the following vote: Resolution No. 2008-084 Purchase & Sale -Urban Housing Communfties Adopted: December 16. 2008 Pege 3 AYES: Council Members Franklin, Henderson, Kirk, Sniff, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None DON ADO PH, M or City of La Quinta, California ATTEST: 0 VERONICA 11~~iVTEC''INO, CMC, City Clerk City of La rota, California (Seal) APPROVED AS TO FORM: M! KATHERIdVE JENSO , City Attorney City of La Quinta