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RDA Resolution 2011-007RESOLUTION NO. RA 2011 - 007 A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTIVE DIRECTOR TO CONVEY CERTAIN REAL PROPERTY TO THE LA QUINTA HOUSING AUTHORITY WHEREAS, the La Quinta Redevelopment Agency ("Agency") is a redevelopment agency organized and existing under the California Community Redevelopment Law ("Health & Safety Code § 33000 et seq.) ("CRL") and has been authorized to transact business and exercise the powers of a redevelopment agency pursuant to action of the City Council of the City of La Quinta ("City" or "City Council," as applicable); and WHEREAS, the City Council has established the La Quinta Housing Authority (the "Housing Authority") to function in the City in accordance with the California Housing Authorities Law (Health and Safety Code Section 34200 et seq.); and WHEREAS, a fundamental purpose of the CRL is to expand the supply of low- and moderate -income housing (Health & Safety Code, § 33071); and WHEREAS, the Agency, in fulfilling its purpose of expanding the supply of low- and moderate -income housing in the City of La Quinta, has acquired ownership of several single-family homes (collectively, the "Affordable Homes"), certain vacant parcels designated for future development of low- and moderate - income housing (collectively, the "Vacant Affordable Parcels"), and a rental apartment project commonly known as Washington Street Apartments ("Washington St. Apartments"); and WHEREAS, the specific location of the Affordable Homes, Vacant Affordable Parcels, and Washington Street Apartments are listed on Attachment 1 to this Resolution, which is incorporated herein by this reference; and WHEREAS, the Agency now desires to authorize the Executive Director, if and when the Executive Director deems it appropriate, to (i) transfer ownership to the Affordable Homes and the Vacant Affordable Parcels to the Housing Authority, (ii) add the Housing Authority to the title of the Washington St. Apartments, for - purposes of operation and/or future rehabilitation or development; and NOW, THEREFORE, the La Quinta Redevelopment Agency does hereby resolve as follows: SECTION 1. The Agency hereby approves the conveyances of the Affordable Homes, Vacant Affordable Parcels, and Washington St. Apartments to the Housing Authority, as described in this Resolution and as listed on Attachment 1. 882/015610-0040 1154444,01 a02/14/1I Resolution No. RA 2011-007 Transfer Housing Properties to the Housing Authority Adopted: February 15, 2011 Page 2 SECTION 2. The Executive Director is authorized, if and when the Executive Director deems it appropriate, to convey to the Housing Authority the Affordable Homes, Vacant Affordable Parcels, and Washington St. Apartments, as described in this Resolution and as listed on Attachment 1, and to take such other actions and execute such other documents as may be necessary to implement and effect this Resolution on behalf of the Agency. SECTION 3. The Secretary shall certify to the adoption of this Resolution. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta Redevelopment Agency held this 151h day of February, 2011. AYES: Agency Members Adolph, Evans, Franklin, Sniff, Chair Henderson NOES: None ABSENT: None ABSTAIN: None TERRY H DERS N, Chairperson La Quinta edevelopment Agency VERONICAONTECINO, CMC, Agency Secretary La Quinta: edevelopment Agency "(AGENCY SEAL)- Resolution No. RA 2011-007 Transfer Housing Properties to the Housing Authority Adopted: February 15, 2011 Page 3 APPROVED AS TO FORM: r La Quinta JENSON/Ger)6ral Counsel Resolution No. RA 2011-007 Transfer Housing Properties to the Housing Authority Adopted: February 15, 2011 Page 4 Large Projects 600-030-001-005, 008, 009 609-040-007, 023 609-040-028 773-077-014 Varant 1 and ATTACHMENT1 RDA HOUSING PROPERTY Dune Palms Property Washington Street Apartments Vacant land immediately south of Washington Street Apartments Ostrowsky vacant parcel (north of Community Park) 770-174-002 Vacant lot Calle Tamazula (south of Avenida La Fonda) 773-223-022 Vacant lot (NWC Avenida Herrera/Calle Sonora) 773-233-019 Vacant lot (Avenida Villa between Calle Durango/Calle Sonora 773-234-015 Vacant lot (Avenida Navarro between Calle Durango/Calle Sonora) Cove Rental Homes 770-166-019 773-083-021 773-152-015 773-222-022 773-265-020 773-281-020 773-295-017 773-321-013 773-322-025 773-326-024 773-333-018 773-333-019 774-044-017 774-044-020 774-044-021 774-053-017 774-094-014 774-122-016 774-131-013 774-131-014 774-143-017 774-151-023 774-153-014 774-163-015 774-175-007 774-213-023 774-232-032 51-395 Calle Kalima 51-395 Avenida Vallejo 51-805 Avenida Cortez 52-225 Avenida Vallejo 52-425 Eisenhower Drive 52-635 Avenida Diaz 52-565 Eisenhower Drive 52-985 Avenida Carranza 52-855 Avenida Ramirez 52-985 Eisenhower Drive 52-835 Avenida Villa 52-845 Avenida Villa 53-105 Avenida Obregon 53-155 Avenida Obregon 53-175 Avenida Obregon 53-105 Avenida Herrera 53-275 Avenida Navarro 53-565 Avenida Vallejo 53-523 Avenida Martinez 53-541 Avenida Martinez 53-825 Avenida Juarez 53-965 Avenida Diaz 53-775 Avenida Alvarado 53-795 Avenida Herrera 53-880 Avenida Navarro 54-245 Avenida Herrera 54-280 Avenida Madero Resolution No. RA 2011-007 Transfer Housing Properties to the Housing Authority Adopted: February 15, 2011 Page 5 Home Foreclosure Purchases 773-212-011 77-330 Calls Sonora 773-221-001 52-020 Avenida Carranza 773-265-002 52-280 Avenida Velasco 773-282-005 52-608 Avenida Diaz 773-285-013 52-475 Avenida Carranza 773-292-020 52-685 Avenida Vallejo 773-302-020 52-681 Avenida Mendoza 773-323-008 52-900 Avenida Ramirez 774-113-010 53-710 Avenida Rubio 774-134-017 53-645 Avenida Navarro 774-171-010 53-940 Eisenhower Drive 774-211-006 54-150 Avenida Carranza