RDA Resolution 1998-07d_ RESOLUTION RA 98-07
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT
AGENCY APPROVING AND AUTHORIZING THE
EXECUTION OF A DISPOSITION AND DEVELOPMENT
AGREEMENT BY AND BETWEEN THE LA QUINTA
REDEVELOPMENT AGENCY AND CATELLUS RESIDENTIAL
GROUP, CORPORATION AND MAKING CERTAIN FINDINGS
IN CONNECTION THEREWITH
AFFORDABLE HOUSING AGREEMENT
SINGLE FAMILY RESIDENTIAL
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 Area No. 2 the
Project" or the Project Area"); 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 Affordable Housing Agreement for Single Family Residential Agreement",
the Agreement") with Catellus Residential Group, Inc., the Developer"), for the
disposition and development of the property located generally at the northwest corner
of Jefferson Street and 48th Avenue the Site"), more particularly described in the
Agreement; and,
WHEREAS, the Agreement provides for the installation or construction of
infrastructure improvements referenced therein as the Off-Site Improvements"),
which are more particularly described in the Agreement. The Off-Site Improvements
which among other things, consist of drainage improvements, streets, and pedestrian
access facilities as provided for in the Redevelopment Plan; and,
WHEREAS, 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,
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WHEREAS, Sections 33334.2 and 33334.6 of the Community
Redevelopment Law, California Health and Safety Code Section 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, 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 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, Section 33445 of the Community Redevelopment Law
provides that with the consent of the City Council the Agency may pay all or part of
the value of the land for and the cost of the installation and construction of any
building, facility, structure, or other improvement which is publicly owned either within
or without of the Project Area if the City Council determines that the buildings,
facilities, structures, or other improvements are of benefit to the Project Area or the
immediate neighborhood in which the project is located, that no other reasonable
means of financing the buildings, facilities, structures or other improvements are
available to the community and that the payment of funds for the acquisition of land
or the cost of buildings, facilities, structures, or other improvements will assist in the
elimination of one or more blighting conditions inside the Project Area; 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 of Section 33433 of the Community Redevelopment Law, were available
for public inspection consistent with the requirements of Section 33433 of the
Community Redevelopment Law; and,
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WHEREAS, on the 6th day of October, 1 998, the Agency and City Council
did hold 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 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 Agreement requires that units developed pursuant thereto
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, the provision of physical improvements, including the provision of flood
control and vehicular and pedestrian access facilities, 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 CEQA"), and no additional impacts not previously
addressed will result from this Agreement; and,
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.
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Section 2. The Agency hereby finds and determines that the sale of the Site is
consistent with the implementation plan adopted pursuant to Health and Safety Code
Section 33490.
Section 3. The project is exempt from CEQA, except to the extent prior
approvals have been given pursuant to CEQA.
Section 4. 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 for the Executive Director to take all actions and execute all escrow
documents, attachments to the Agreement, and such other documents necessary or
appropriate to carry out the Agreement.
Section 5. The Agency Secretary shall certify to the adoption of this Resolution
in the manner required by law.
PASSED, APPROVED, and ADOPTED this 6th day of October, 1 998, by
the following vote:
AYES: Members Adolph, Henderson, Pena, Sniff, Chairman Perkins
NOES: None
ABSENT: None
ABSTAIN: None
RON PERKINS, Chairman
La Quinta Redevelopment Agency
AT T:
#1
AUNDRA L. J HOLA, Secretary
La Quinta Redevelopment Agency
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APPROVED AS TO FORM:
DAWN C. HONEYWELL, Agency Attorney
La Quinta Redevelopment Agency
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