RDA Resolution 1992-16 a
RESOLUTION NO.pA*2-l6
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT
AGENCY APPROVING THE LEASE OF REAL PROPERTY IN
PROJECT AREA NO. 1 AND AUTHORIZING THE EXECUTION
OF A LEASE RELATING THERETO.
WHEREAS, the La Quinta Redevelopment Agency hereinafter
referred to as the Agency") under the provision of the
California Community Redevelopment Law, is engaged in
activities necessary for the implementation of the
Redevelopment Plan for Project Area No. 1 hereinafter referred
to as the Project Area"); and
WHEREAS, The John W. Koenig Companies, a California
corporation hereinafter referred to as Koenig") has an option
to purchase a certain parcel of land located in the City of La
Quinta, County of Riverside, State of California described
herein as the Property"; and
WHEREAS, Koenig and Agency desire to enter into a lease,
the Lease") subject to Koenig*s purchase of a fee interest in
the Property, for uses in accordance with the Redevelopment
Plan;
WHEREAS, in order to effectuate the provisions of that
Redevelopment Plan1 the Agency proposes to lease the Property
from Koenig pursuant to the Lease; and
WHEREAS, Koenig and the Agency have mutually prepared the
Lease which contains all the provisions, terms and conditions
and includes all obligations required by State and local law;
WHEREAS, a public hearing has been duly noticed and held on
the Lease; and
WHEREAS, the Agency has duly considered all terms and
conditions of the Lease and believes that the use of the
Property for a public mini-park for the use of the citizens of
La Quinta, all as more particularly set forth in the Lease, is
in the best interests of the City of La Quinta and the health,
safety, morals and welfare of its residents,and in accord with
the public purposes and provisions of applicable State and
local law; and
WHEREAS, the Agency has prepared a staff report pertaining
to the Lease.
NOW, THEREFORE, the La Quinta Redevelopment Agency does
hereby find, determine, order and resolve as follows:
BIB]
09-16-1997-U01
11:16:37AM-U01
ADMIN-U01
RDARES-U02
92-U02
16-U02
It
RESOLUTION NO. RA 92-16
Section 1. The Agency hereby finds that it can be seen
with certainty that there is no possibility that the approval
of the Lease and implementation of the Lease terms may have a
significant effect on the environment and that such action is
in furtherance of the Redevelopment Plan for the Project Area.
Therefore, the activity is not subject to the provisions of the
California Environmental Quality Act of 1970 CEQA) and a
notice of exemption from the provisions of CEQA shall be filed
by staff with the County Clerk of the County of Riverside.
Section 2. The Agency has received and considered the
staff report on the Lease of the Property and, as a result of
its consideration and the evidence presented at the hearing,
the Agency finds and determines that: i) the Lease will assure
development of certain commercial uses within the Project Area,
providing goods and services to the community, tax increment to
the Agency, and sales tax to the City of La Quinta; and ii)
the lease of the property from Koenig to the Agency is
justified under the provision of the Community Redevelopment
Law.
Section 3. The lease of the Property by Koenig to the
Agency as described in the Lease is hereby approved, provided
that i) if Koenig has not obtained a fee interest in the
Property on or before December 31 1992, the Lease shall be
deemed to have automatically terminated as of such date; and
further provided that ii) if Koenig has not, by no later than
August 3, 1992, caused to be dedicated, without necessity of
payment of any consideration by the City of La Quinta or the
Agency, to the City of La Quinta a fee interest or such other
interest as may at the discretion of the City be satisfactory)
in that certain real property depicted in Exhibit A", which is
attached hereto and incorporated herein by reference, the Lease
shall be deemed to have automatically terminated as of such
date.
Section 4. The Chairman and the Executive Director are
hereby authorized to execute all documents and take all other
actions necessary to implement the Lease.
PASSED, APPROVED AND ADOPTED THIS 21st day of
July 1992.
Chairman
07/21/92
1986q/2338/027 2-
BIB]
09-16-1997-U01
11:16:37AM-U01
ADMIN-U01
RDARES-U02
92-U02
16-U02
NOTEXTPAGE
BIB]
09-16-1997-U01
11:16:37AM-U01
ADMIN-U01
RDARES-U02
92-U02
16-U02