RDA Resolution 1994-17j0L RESOLUTION NO. RA 94-17
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT
AGENCY APPROVING AND AUTHORIZING THE EXECUTION
OF THE DISPOSITION AND DEVELOPMENT AGREEMENT BY
AND BETWEEN THE LA QUINTA REDEVELOPMENT AGENCY
AND BUILDING HORIZONS, INC. AND MAKING CERTMN
FINDINGS IN CONNECTION THEREWITh
WHEREAS, the La Quinta Redevelopment Agency the Agency") is engaged
in activities necessary to carry out and implement the Redevelopment Plan the Redevelopment
Plan") for La Quinta Redevelopment Project the Project"); and
WHEREAS, in order to carry out and implement such Redevelopment Plan and the
affordable housing requirements thereof, the Agency proposes to enter into that certain
Disposition and Development Agreement the Agreement") with Building Horizons, Inc., a
California nonprofit corporation the Developer"), for the disposition and rehabilitation of
certain property within the Project Area the Site"), all as described in the Agreement; and
WHEREAS, the Agreement provides for the construction of two detached, single family
housing units which are more particularly described in the Agreement; and
Wi**REAS, pursuant to Section 33433 of the Community Redevelopment Law,
California Health and Safety Code Section 33000, et seq., the Community Redevelopment
Law") the Agency is authorized, with the approval of the City Council after a duly noticed public
hearing, to sell the Site for development pursuant to the Redevelopment Plan upon a
determination by the City Council that the sale of the property will assist in the elimination of
blight and that the consideration for such sale is not less than either the fair market value or fair
reuse value of the Site in accordance with the covenants and conditions governing the sale and
the development costs required thereof; and
WHEREAS, Sections 33334.2 and 33334.6 of the Community Redevelopment Law,
California Health and Safety Code Sections 33000, et seq. the Community Redevelopment
Law") authorize and direct the Agency to expend a certain percentage of all taxes which are
allocated to the Agency pursuant to Section 33670 of the Community Redevelopment Law for the
purposes of increasing, improving and preserving the community's supply of low and moderate
income housing available at affordable housing cost to persons and families of low- and
moderate-income, lower income, and very low income; and
WHEREAS, pursuant to applicable law the Agency has established a Low and Moderate
Income Housing Fund the Housing Fund"); and
WHEREAS, pursuant to Section 33334.2(e) of the Community Redevelopment Law, in
carrying out its affordable housing activities, the Agency is authorized to provide subsidies to or
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for the benefit of very low income and lower income households, or persons and families of low
or moderate income, to the extent those households cannot obtain housing at affordable costs on
the open market; and
WHEREAS, the Construction of the housing development pursuant to the Agreement will
benefit the Project Area by providing decent, safe and sanitary housing for persons who may
work, shop, or use services within the Project Area, and by establishing higher quality standards
for the supply of housing which is available to low- and moderate income persons within the
community; and
WHEREAS, a joint public hearing of the Agency and City Council on the proposed
Agreement was duly noticed in accordance with the requirements of Section 33433 of the
Community Redevelopment Law; and
WHEREAS, the proposed Agreement, and a summary report meeting the requirements
Section 33433 of the Community Redevelopment Law, were available for public inspection
consistent with the requirements Section 33433 of the Community Redevelopment Law; and
WHEREAS, on September 20, 1994, the Agency and City Council held a joint public
hearing on the proposed Agreement, at which time the Agency reviewed and evaluated all of the
information, testimony, and evidence presented during the joint public hearing; and
WHEREAS, all actions required by all applicable law with respect to the proposed
Agreement have been taken in an appropriate and timely manner; and
WHEREAS, the Agency has reviewed the summary required pursuant to Section 33433
of the Community Redevelopment Law and has evaluated any and all other information
pertaining to the findings required pursuant thereto; and
WHEREAS, the Site is located within a portion of the Project Area which was found by
the City Council, in its adoption of the Redevelopment Plan, to be blighted as a result of among
other things, impaired investments in property, inadequacies of building construction and the
availability of an insufficient number of dwelling units available at affordable housing costs; and
WHEREAS, the Agreement requires that units developed pursuant to the Agreement be
sold, as more particularly specified in the Agreement, to households having limited incomes, and
that the units remain affordable for a substantial period of time to those households; and
WHEREAS, the sale of the Site pursuant to the Agreement will assist in the elimination
of blight by providing for the provision of affordable housing within the Project Area and
encouraging the development of land the development of which had proven to be infeasible for
the private sector, acting alone; and
WHEREAS, the proposed development of the Site pursuant to the terms of the
Agreement has been previously evaluated pursuant to the California Environmental Quality Act,
California Public Resources Code Sections 21000, et seq*, CEQA"), and no additional impacts
not previously addressed will result from this Agreement; and
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WHEREAS, the Agency has duly considered all terms and conditions of the proposed
Agreement and believes that the redevelopment of the Site pursuant thereto is in the best interests
of the City of La Quinta and the health, safety, and welfare of its residents, and in accord with
the public purposes and provisions of applicable state and local laws and requirements
NOW, THEREFORE, BE IT RESOLVED by the La Quinta Redevelopment Agency as
follows:
Section 1. The Agency finds and determines that, based upon substantial evidence
provided in the record before it, the consideration for the Agency's disposition of the Site
pursuant to the terms and conditions of the Agreement is not less than fair reuse value in
accordance with the covenants and conditions governing the sale, and the development costs
required under the Agreement.
Section 2. The Agency hereby finds and determines that the disposition of the Site
pursuant to the Agreement will eliminate blight within the Project Area by providing for the
reuse and redevelopment of a portion of the Project Area which was declared blighted for the
reasons described above.
Section 3. The Agency finds and determines that expenditures from the Housing Fund
as contemplated by the Agreement will directly and specifically increase, improve, and preserve
the community's supply of low and moderate income housing within the meaning of Sections
33334.2 and 33334.6.
Secti*on 4. The project is exempt from CEQA, except to the extent prior approvals
have been given pursuant to CEQA.
*on5. The Agency hereby approves the execution of the Agreement and
authorizes the Chairman of the Agency to execute the Agreement on behalf of the Agency and
take all actions and execute all escrow documents, Attachments to the Agreement, and such other
documents necessary or appropriate to carry out the Agreement.
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Section 6. The City Clerk shall certify to the adoption of this Resolution in the
manner required by law.
PASSED, APPROVED AND ADOPll*D this 2otbday of September; 1994.
**rman,**intaRevelopment
Agency
AT
*gency Clerk
I, Saundra Juhola Clerk of the La Quinta Redevelopment Agency, HEREBY
CERTIFY that the foregoing Resolution was duly adopted by the La Quinta Redevelopment
Agency at a regular meeting hereof, held on the 2Otb*ay of Septeud*er 1994 by the
following vote, to wit:
AYi*S: Agency Members: Bangerter, McCartney, Pena, Perkins,
Chairman Sniff
NOES Agency Members: None
ABSENT: Agency Members: None
ABSTAIN: Agency Members: None
LA QUINTA REDEVELOPMENT
AGENCY
By:
Agency Clerk
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