CC Resolution 1993-102^!F RESOLUTION NO. 93-102
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA
DETERMINING THAT THE USE OF CERTAIN REAL PROPERTY FOR
PUBLIC IMPROVEMENTS IS OF PUBLIC BENEFIT TO THE
REDEVELOPMENT PROJECT AND THE IMMEDIATE NEIGHBORHOOD IN
WHICH THE PROJECT IS LOCATED AND DETERMINING THAT THERE
ARE NO OTHER REASONABLE MEANS OF FINANCING SAID PUBLIC
IMPROVEMENTS
WHEREAS, the La Quinta Redevelopment Agency the *Agency") desires to enter into a
certain Public Improvement Agreement with the City of La Quinta the City") and Landmark
Land Company of California Landmark") for purposes of providing public improvements which
will be of benefit to the La Quinta Redevelopment Project Area No. 1 and the immediate
neighborhood in which the Project is located; and
WHEREAS, in addition to providing certain public improvements within the immediate
neighborhood, the Agency intends to enter into negotiations to develop the property in part as a
low to moderate single family detached as well as a senior rental lower and low income housing
project; and
WHEREk*, California Health and Safety Code Section 33445 provides that the Agency
may, with the consent of the legislative body, pay all or part of the value of public buildings,
facilities, structures or other improvements upon a finding that such public improvements are of
benefit to the Project Area or the immediate neighborhood in which the Project is located and
that there is no other reasonable means of financing such public improvements available for the
community; and
NOW, THEREFORE, the City Council of the City of La Quinta does hereby find,
determine, order and resolve as follows:
Section 1 Pursuant to Health and Safety Code Section 33445: i) the proposed
improvements for which the project is located are of benefit to the Project Area and the
neighborhood in which such improvements are to be situated; and ii) no other reasonable means
of financing the improvements are available to the City of La Quinta.
Section 2. The Mayor is hereby authorized to execute the attached Public Improvement
Agreement.
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^!F PASSED, APPROVED AND ADOPTED this 21st day of December, 1993 by the
following vote:
AYES: Council Members Bangerter, Mccartney, Perkins, Sniff, Mayor Pena
NOES: None
ABSENT: None
ABSTAIN: None
JOHN J. A, ayor
City of La Quinta, California
* Clerk
City of La Qumta, California *
APPROVED AS TO FORM:
*L*%d? *
DAWN HONEYW*L, City Attorney
Stradling, Yocca, Carison & Rauth
2
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08-17-1998-U01
04:17:07PM-U01
ADMIN-U01
CCRES-U02
93-U02
102-U02