HA Resolution 2023-004 Blackpoint PSA Amend 1 Stormwater ImprovementsRESOLUTION NO. HA 2023 — 004
A RESOLUTION OF THE LA QUINTA HOUSING
AUTHORITY OF THE CITY OF LA QUINTA, CALIFORNIA,
APPROVING AMENDMENT NO. 1 TO AGREEMENT FOR
PURCHASE AND SALE AND ESCROW INSTRUCTIONS
BETWEEN THE LA QUINTA HOUSING AUTHORITY AND
BP DUNE PALMS, LP, BY GENERAL PARTNER
BLACKPOINT PROPERTIES, LLC, TO ACQUIRE A
PORTION OF CERTAIN VACANT REAL PROPERTY
COMPRISED OF APPROXIMATELY 5.2 ACRES, LOCATED
ON THE NORTHEAST CORNER OF HIGHWAY 111 AND
DUNE PALMS ROAD; IDENTIFIED AS ASSESSOR'S
PARCEL NUMBER 600-030-018
WHEREAS, the La Quinta Housing Authority (the "Authority" or "Buyer," used
interchangeably) is a public body, corporate and politic, organized, and existing under the
California Housing Authorities Law (California Health and Safety Code Section 34200 et
seq.); and
WHEREAS, pursuant to California Health and Safety Code Section 34315, the
Authority has the power, among other enumerated powers, to purchase, sell, lease,
exchange, transfer, assign, pledge, or dispose of any real or personal property or any
interest in it; and
WHEREAS, the Authority has negotiated the acquisition of certain real property
from BP Dune Palms, LP, by General Partner Blackpoint Properties, LLC ("Blackpoint" or
"Seller," used interchangeably), comprised of approximately 5.2 acres, located on the
northeast corner of Highway 111 and Dune Palms Road (APN: 600-030-018) ("Property")
as described in the enclosed Exhibit A, using Successor Agency (SA) 2011 Low/Mod
Bond Funds and General Fund Unassigned Reserves transferred to the Land Acquisition
Fund (Account No. 249-0000-74010); and
WHERSAS, on January 17, 2023, the Authority approved an Agreement for
Purchase and Sale and Escrow Instructions (the "Agreement") by and between the
Authority and Blackpoint, to acquire the Property; and
WHEREAS, the Authority and Blackpoint have mutually agreed to amend Section
5.8.2 of the Agreement and remove terms and conditions related to a Stormwater Outflow
Reimbursement Agreement, as more particularly described in Amendment No. 1 to the
Agreement; and
WHEREAS, this Property acquisition will further the Authority and City's goals of
fostering mixed-use development, affordable housing, multi -modal transportation; will
support the Regional Housing Needs Assessment (RHNA) mandate for the City; and
Resolution No. HA 2023-004
Amendment No. 1 to an Agreement for Purchase and Sale and Escrow Instructions with Blackpoint for Real Property Acquisition —
approximately 5.2 acres, located at the northeast corner of Dune Palms Rd and Highway 111; APN: 600-030-018
Adopted: October 17, 2023
Page 2 of 3
potentially provide commercial opportunities for businesses along the Highway 111
Corridor; and
WHEREAS, the Property acquisition is exempt from environmental review
pursuant to California Environmental Quality Act (CEQA) Section 15061 (b)(3) "Common
Sense Exemption," in that the purchase of this property would not have a significant effect
on the environment; and
WHEREAS, all of the prerequisites with respect to the approval of this Resolution
have been met.
NOW, THEREFORE, BE IT RESOLVED by the La Quinta Housing Authority, as
follows:
SECTION 1. The foregoing recitals are true and correct and are incorporated
herein by this reference.
SECTION 2. That the Property acquisition is exempt from environmental review
pursuant to CEQA Section 15061 (b) (3) "Common Sense Exemption."
SECTION 3. The governing body of the Authority hereby authorizes the
Authority's Executive Director to execute Amendment No. 1 to the Agreement for
Purchase and Sale and Escrow Instruction, and process and execute documentation as
may be necessary and proper to accept ownership of the Property. The Authority
consents to the Authority's Executive Director and Authority's Legal Counsel making any
final modifications to Amendment No. 1 that are consistent with the substantive terms of
the previously approved Agreement, and Amendment No. 1, approved hereby, and to
thereafter sign Amendment No. 1 on behalf of the Authority.
SECTION 4. This Resolution shall take effect upon its adoption. The Authority
Secretary shall certify to the adoption of this Resolution.
PASSED, APPROVED and ADOPTED at a regular quarterly meeting of the La
Quinta Housing Authority held this 17th day of October 2023, by the following vote:
AYES: Authority Members Evans, Fitzpatrick, McGarrey, Sanchez, and
Chairperson Pena
NOES: None
ABSENT: None
ABSTAIN: None
Resolution No. HA 2023-004
Amendment No. 1 to an Agreement for Purchase and Sale and Escrow Instructions with Blackpoint for Real Property Acquisition —
approximately 5.2 acres, located at the northeast corner of Dune Palms Rd and Highway 111; APN: 600-030-018
Adopted: October 17, 2023
Page 3 of 3
A.
JOHN PUNA, C#a0erson
La Quint Housing Authority, California
ATTEST:
MONIKA RADEVA, Authority Secretary
La Quinta Housing Authority, California
(AUTHORITY SEAL)
APPROVED AS TO FORM:
r
WILLIAM H. IHRKE, Authority Counsel
City of La Quinta, California
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RESOLUTION NO. HA 2023-004 EXHIBIT A
ADOPTED: OCTOBER 17, 2023
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PROPERTY
ACQUISITION
DUNE PALMS
AND HWY 111
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City of La Quinta
Planning Division
Design and Development Department
December 2022
12