RDA Resolution 1992-05A5 RESOLUTION NO. RA92-5A
RESOLUTION* OF THE
LA QUINTA REDEVELOP KENT AG**CY
APPROVING PROCEDURE TO I*IMPLEMENT O*ER
PARTICIPATION RULES AND DESIGNATED*NATED
AREA FROM WHIcH IT DESIRES TO RECEIVE *PROPOSALS
WHEREAS* the La Quinta Redevelopment A*ency the *Agency")
i* carrying out the Redevelopment Pl*n the Plan*) for L*
Quinta Redevelopment Project No. 2 the Project"); and
WHEREAS, the Agency *as adopted Rules *overning Owner
Participation and Business Re-Entry the P*rticipation Rules*)
pertaining.* to the redevelopment of the Pro*ect Area for *he
Project; and
WHEREAS, the Agency desL*re* to approve certain *roce*ures
to implement such Participation Rules in the forrn attached as
Exhibit A" hereto and incorporated herein by reference the
Procedures"); anC
WHEREAS, the A*ency desires to desi*nate as a Lirnited
Area" for the receipt of redevelopment proposals, as TnCtC fully
set forth in the Procedures* that action area described in
Exhibit B" and in*orporated herein by reeren*e the *subject
Area") I
N0W1 *RZYORE, the La Quinta Redevelopment Agency here*y
resolves as follows:
1. The Agency approves *nd adopts the Procedures.
2. flased *pon *he staff report pr*sented in connection
herewith, as well as further evidence presented, the Agency
designates the Subject Area as a Limited Area", within the
meaning o* the P**cedure*1 and *utho*i*e* cnd direct* the
Executive Director to elicit proposals and implement the
Procedures in respect to the Subject Area. The Executive
Director shall allow a period of up to three 3) weeks for the
submittal of proposals, and shall so notify all owners of
record of real property within the Subject Area. The Aqency
further intends to consider at its meeting scheduled for 7:00
p.rn. on July 7, l9*2 whether development of the Subject Area
*hould be acco*pli*hed as an integrated development.
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5RESOLUTION NO. RA 92-5A
PASSED, APPROVED AND ADOPTED this 5th *ay of May
1992.
AYES: Mr. Bohnenberger, Mrs. Franklin, Mr. Rushworth, Mr. Sni:
*one and Mayor Pena
ABSENT: *one
A*STAI*: *one
LA QUINTA REDEVELOPMENT AGENCY
Chairman
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5RESOLUTION NO. RA 92-5A
PROCEDURES AND CRITERIA
FO* Evaluation OF SUBMITTAL S
I. Back*round. The La Quinta Redevelopment Agency the
Agency") by Ordinance No. 139 established the La Ou*nta
Redevelopment Pro*ect No. 2 the Redevelopment Project"). The
Agency, in connection with the Redeveloptr*nt Project, has
adopt*d Rule* Governing o*n.r Parti*ipati*on and Busine*s
Re-Entry the Participation Rules").
The L* Quint* RedeveloFruent A*ency desires to set
forth procedures and criteria for the eliciting and
consideration of proposals for participation by owners within
certain portions of t*e Project Area as may hereafter be
designated from time to time such area Constituting a Limited
Area").
The Agency now desires to more fully set forth procedures
and criteria *or the ovalu*tio* 0 *ub*ittalu inade by ow*ers
and/or tenants interested in participating in some manner in
such Limited Area(s) as the Agency may hereafter designate from
time tQ time by Reaalution.
The design for development for the propo8ed project should
address the following parameter,:
Subject Are*
The *ub*ect Area is approximately 160 acres in size and
includes four par*elm of property. The Subject Arco is located
approximately 1-1/2 miles from the intersection of Washington
Street and Highway 111 and is currently vacant.
The Develg*ment
The Agency desires to facilitate the development of a retail,
commercial, and office complex or residential units. The
Agency anticipates that approximately 1.9 million square *feet
of retail and office space can be acco**odated on the Subject
Area. This spice would include 1) an approximately 1.0
million square root regional mall* 2) a 417*000 square *oot
power retail center, and 3) approximately 452,000 square feet
of accessory Office and retail s*ace. or Low/Mod Housing
component; or a combination of both. Development of the
Subject Area would most likely occur over a 5-year time frame.
Parking and Land*ca*inp
Th* development shall embody applic**1e development 5tan*ar*s
set forth in the City of La Quinta Zoning OrCinance* The City
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5RESOLUTION NO. RA 92-5A
has discussed the possibility of establishing a specific plan
for the Subject Area. The specific plan would set forth the
*pp1icible development standards which would be depe*dent vn
the final uses redeveloped on the site.
Access
Primary access shall be from *ighway 111, with secondary access
from Dune Palms road and Adams Street.
II. Procedure. Upon rec.ipt of requests for consideration
by owners or tenants from within a Limited Area with respect to
owner participation andlor reentry of business within the
Project Area, the Agency will review such submittals.
a) Upon receipt of subruittalSD initial evaluation
shall be conducted by the Executive Director or Deputy
*ze*utive Director) oE the Agency. *ach party *ek*ng B
submittal is responsible for the completeness and accuracy of
its submittal.. If requested by the Agency*s Executive
Director or Deputy)1 submittals shall i*clud* * con5truction
pro forma if applicable), an operating pro forma, and a
business p*an. In the event the Executive Director or Deputy)
noti*ies a party mak*ng a submittal that the submittal is
incomplete or that additional information is required, such
party shall be allowed three 3) weeks to complete its
submittal. The failure to ti*ely provide such additional
information of the submittal, and consideration of such
nubmittal shall the*eupon cease. Upon receipt of one or **re
submittals and additional information as applicable, the
*xecutive Director or Deputy) will evaluate the submittal and
I determinati*n with re5pect to whether the submittal or
submittals, as applicable) conforms to the criteria set forth
in paragraph C-l below. In the event a party havinQ made a
submittal disagrees with conclusions reached by the Executive
Director, such party may appeal such decision to the governing
board of the Agency by making writt*n request thercEor within
ten 10) days after the Executive Director or Deputy)
transmits notice of the initial evaluation. The review of such
submitt*l(*) by the Agency shall be * novo.
b) Any decision by the Executive Director or
Deputy) resolving a conflict between submittals may be appealed
for * de novo review by the governing body of the Agency) by an
affected party by making utjtt*n request theref*r within ten
10) days after the Executive Director Or Deputy) transmits
notice of hi. decision.
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5RESOLUTION NO. RA 92-5A
c) Criteripe
*. The following* criteria shall be *pplied in
reviewing submittals:
I. Conformity of the submittal including
with respect to uses* with the
Redevelopment*t Plan and other applicable
enactments;
b. Fee*ibilityof the propc*a1;
C. Successful development experiences;
d. Financial capability;
e. Manufacturer or franchise approval if
applicable), including a) present
co*Lrnit*ent o* *uch approyal, b) pest
hi*tory of havin* obtained such
approval, or e) facts demonstratin* a
reasonab*e proba*iiity triat such
approval will be given; and
f* Experience in operating the use(s)
proposed.
The foregoing may be satisfied by the submitting party
itself, or by a partner or joint venturer; any such partner or
*oint venturer m*st be identified at the time *f submittal *nd
rnUBt approve/authorize its involvement in such proposed
partr*ership or *oint venture.
2. In the event conflicting subinittals are
received which satisfy the criteria set forth in paragraph Cl
above, the following criteria shall be applied to resolve such
conflict:
a. Which submittal best satisfies the
criteria Bet forth in paragraph Cl;
b. Sales tax generation reasonably
anticipated;
C. Employment generation;
d. Environmental benefits or lesser
degree of detrimental impact);
e. Degree to which assistance soU*ht;
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f. Degree o* site control by party making
the mubmittal; and
g. Value of existing property land and
improvements*ts) within the Limited Area
by the party ***in; *ubuiitt*l.
III. * These Proce*ures and Criteria Bhall be
subject to review * a*endrnent by the Agency frorn time to time
upon ado*tion of * r**o1ut*on *o *ro*idi**.
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5RESOLUTION NO. RA 92-5A
LA QUINTA REDEVELOPMENT*T AGENCY
LA QUINTA REDEVELOPMENT*B PROJECT No. 2)
STATEMENT OF I*TEREST I* PARTICIPATION
LA QUI*TA CE*TER hSubje* Areu*)
I here*y ezpress my interest in actively participating in the
redevelopment of the Subject Area and sub*it the following
information:
1* Name Telephon.
2. Home Address
3. NarriC of Business
4. Address of Business
5. My present involvement in the Project Area is:
I now Cwn property in the Project Area:
***idential c:Qmmercial industrial other
I now lease property in the Project Area.'
residential cor*nercial industrial other
Explain:
6. I au* intere*ted in p*rticipcting;
As a Property Owner As a Tenant
Other please describe)
7. If X pm*ticipate:
I wauld like to *ontinue at the sa*e lo*ation
I would like to change my present location
I would like to acquire real property for expansion
indicate ap*roximat* require*e*t*)
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8. BackgroundD experienceg and infor*ation concerning rour
proposal
a) If proposal i5 for business reguiring a franchise,
describe relevant ezperiences and ind*cate whether you
have approval of relevant *anufacturer
b) Deuvribe the activities you propose and in*icate your
ezperience relevant to your propoBBi
c* Xf you enclose a business plan or conutruetion and
operating pro form5 relative to your proposed activity
theue *ill be considered *i*h yout statement *f
i*terest.
REM*RK5:
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5 RE SOLUTIQN*NO. RA 92-5A I
4
I
S
IAN! AN!)
*ar
At thi5 im**tin* *eld an the Li Quinta
Zl.devel*pm.nt Agency the *Ageney*) desi*nated a certain ares
th* ugu*j*** Area*), whi*h ig that are. generally boun*e* by
and depicted on the enclosed
* map, as an area from which the Agency desires to receive
prcpcsals for the redevelopr*ent of that area. Pursuant to the
Rules for Owner Participation previously adopted by the Agency,
you are hereby notified that you have the opportunity to submit
I statetnent of Interest in psrticipmting in the redevelop*ent
of the Subject Area and a proposal for redevelapnient of the
Subject Area. Your ztatem*nt af i**erest whieh should be in
the forin gn;lose*), and your proposal which will be *val*ated
based 1*Ofl the enclosed Procedures and Criteria) must be
received not later than 5;OO p.m. of linsert
date] St the office of the City Nanager. a La
Quinta. California 9-.
You are further a*vied that, at its meeting scheduled
for 7:00 p.in. on datel, the A*eney will
consider a finding that the r*d.veloprr*ent of the Subject Area
should be acco*nplished is an integrated development.
Should you desire *4ditionil information about these
matters, contact it
V*ry truly your*,
E*clouures:
1. Nip
2. Statement of Interest
3. Procedures and Criteria
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5RESOLUTION NO. RA 92-5A
EXHIBIT B
AREA BOUNDRY MAP
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