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RDA Resolution 1993-18 RESOLUTION NO. * 93-18 RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY 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 WHEREAS, 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 La Quinta Redevelopment Agency does hereby fmd, determine, order and resolve as follows: Section 1. The approval and execution of the Agreement *xhibit A") for the construction of public improvements is exempt from CEQA pursuant to Section 15061(1))(3) of the State CEQA Guidelines. Section 2. 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 3. The Chairman is hereby authorized to execute the attached Public Improvement Agreement. pU*L.9444*l 187IB*8S.O 1 BIB] 10-21-1997-U01 01:41:20PM-U01 ADMIN-U01 RDARES-U02 93-U02 18-U02 5,'',- RESOLUTION NO. RA 93-18 PASSED, APPROVED AND ADOPTED this 21st day of December, 1993 by the following vote: AYES: Members Bangerter, McCartney, Perkins, Sniff, Chairman Pena NOES: None ABSENT: None ABSTAIN: None JOHN J ENA, hairman La Quinta Redevelopment Agency * **4'*cretary La Quinta Redevelopment Agency APPROVED AS TO FORM DAWN HONEYWELL*L, Counsel Stradling, Yocca, Carlson & Rauth NOTE: Refer to Resolution No. RA 93-13 for copy of Exhibit *A*. 2 BIB] 10-21-1997-U01 01:41:20PM-U01 ADMIN-U01 RDARES-U02 93-U02 18-U02