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RDA Resolution 1993-03A RESOLUTION NO. RA 93-3A A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY AUTHORIZING EXECUTION OF AN AGREEMENT BY AND BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY AND THE DESERT SANDS UNIFIED SCHOOL DISTRICT REDEVELOPMENT PROJECT NOS. 1 AND 2) WHEREAS, the La Quinta Redevelopment Agency Agency") and the Desert Sands Unified School District District") previously entered into an Agreement dated as of July 5, 1989 the District/Agency Agreement"), which provides for the Agency to make certain payments to the District; and WHEREAS. the Agency is in the process of implementing the Redevelopment Plan *or the La Q"inta Redevelopment Project Project N(* 1"); ard WHEREAS, the Agency is in the process of implementing the Redevelopment Plan for the La Quinta Redevelopment Project No. 2 Project No. 2"); and WHEREAS, the Agency is in the process of putting into place a merger the Merger") of Project No. 1 with Redevelopment Project No. 2; and WHEREAS1 the Agency is prepared to continue the existing arrangement with the District, as generally set forth in the District/Agency Agreement; and WHEREAS, the District supports the District/Agency Agreement, Project No. 1, Project No. 2 and the Merger, collectively the Projects"); and WHEREAS, the parties mutually desire to amend the District/Implementation Agreement as provided pursuant to the Implementation Agreement; NOW, THEREFORE, the LA QUINTA REDEVELOPMENT AGENCY DOES RESOLVE AS FOLLOWS: Section 1: The Agency finds that the payments as provided for in the Implementation Agreement are necessary to alleviate the financial burden or detriment of the District. Section 2: The Chairman and the Clerk of the Agency are authorized to execute the Implementation Agreement, and to cause payments to be made to the District pursuant to the Implementation Agreement. BIB] 10-21-1997-U01 10:57:05AM-U01 ADMIN-U01 RDARES-U02 93-U02 03A-U02 5,, RESOLUTION NO. RA 93-3A ADOPTED this 20th day of April, 993. La'Quinta Redevelopm n Agency a Quinta Redevelopment Agency I hereby certify that the foregoing Resolution was duly and regularly adopted by the La Quinta Redevelopment Agency at a regular meeting thereof held on the 20th day of April, 1993, by the following vote: AYES: Mrs. Bangerter, Mr. McCartney, Mr. Perkins & Vice Chair*an Sniff NOES: None ABSENT: Chairman Pena ABSTAIN: None undra L. Juhola Secretary a Qui*ta Redevelopment Agency BIB] 10-21-1997-U01 10:57:05AM-U01 ADMIN-U01 RDARES-U02 93-U02 03A-U02 5. RESOLUTION NO. RA 93-3A IMPLEMENTATION AGREEMENT BY AND BETWEEN THE DESERT SANDS UNIFIED SCHOOL DISTRICT AND THE LA QUINTA REDE*LOPMENT AGENCY This Implementation Agreement Implementation Agreement") is entered into as of this 2ot**y of April, 1993 by and between the Desert Sands Unified School District District") and the La Quinta Redevelopment Agency Agency"). The City of La Quinta City"), the District and the Agency agree as follows: WHEREAS, the Agency is in the process of implementing the Redevelopment Plan for the La Quinta Redevelopment Project Project No.1"); and WHEREAS, the Agency is in the process of implementing the Redevelopment Plan for the La Quinta Redevelopment Project No.2 Project No.2"); and WHEREAS, the Agency and the District have entered into an Agreement dated as of July 5, 1989 the District/Agency Agreement"), which provides for the Agency to make certain payments to the District; and WHEREAS, the Agency is in the process of putting into place a merger the Merger") of Project No.1 with Redevelopment Project No.2; and WHEREAS, the Agency is prepared to continue the existing arrangement with the District, as generally set forth in the District/Agency Agreement; and WHEREAS, the District supports the District/Agency Agreement, Project No.1, Project No.2 and the Merger, collectively the Projects"); and WHEREAS, the District and th* Agency have a cooperative relationship which they desire to maintain; and WHEREAS, the parties desire to restate their support for the projects and the Agreement; NOW, THEREFORE, parties agree as follows: 1. As its payments to be made to the District pursuant to the District/Agency Agreement for the period of years ending with June 30, 1994, the Agency agrees to pay to the District the amount of Ninety Thousand Dollars $90,000) on or before February 28, 1994, and Ninety Thousand Dollars $90,000) on or before February 28, 1995, such as the first anniversary of the initial payment date. 2. In the event the duration of one or more of the Projects is modified, or if Project Nos. 1 and 2 are merged, the District/Agency Agreement shall remain in effect and will control as to all periods following the making of those payments provided for pursuant to Section 1 of this Agreement. The Agency shall thereafter make payments pursuant to the District/Agency Agreement throughout the term of the merged project. pUSL:943*I I94I*3S.40 1 BIB] 10-21-1997-U01 10:57:05AM-U01 ADMIN-U01 RDARES-U02 93-U02 03A-U02 5" RESOLUTION NO. RA 93-3A 3. The District supports the Projects and will participate by appearing in favor of the Merger during the process. Dated: DESERT SANDS UNIFIED SCHOOL DISTRICT By: Dolores Ballesteros Superintendent Dated: LA QUINTA REDEVELOPMENT AGENCY By: Thomas P. Genovese Interim Executive Director PuBL:943*1 1941 *38.40 2 BIB] 10-21-1997-U01 10:57:05AM-U01 ADMIN-U01 RDARES-U02 93-U02 03A-U02 ** NO TEXT ** ** NO TEXT ** ** NO TEXT ** ** NO TEXT **