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HomeMy WebLinkAboutSA-RDA 097RESOLUTION NO. SA-RDA 097 A RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY AUTHORIZING SECOND AMENDMENT TO THE PURCHASE OPTION AND SALE AGREEMENT BY AND BETWEEN THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY AND DESERT WAVE VENTURES, LLC FOR LOT PAD “B” WITHIN THE DESERT WILLOW RECREATION AREA (14.65 ACRES, APN 620-420-023) PURSUANT TO THE LONG-RANGE PROPERTY MANAGEMENT PLAN AND TAKING RELATED ACTIONS RECITALS: A. Pursuant to AB X1 26 (enacted in June 2011) and the California Supreme Court’s decision in California Redevelopment Association, et al. v. Ana Matosantos, et al., 53 Cal. 4th 231 (2011), the former Palm Desert Redevelopment Agency (the “Former Agency”) was dissolved as of February 1, 2012, the Successor Agency to the Palm Desert Redevelopment Agency (the “Successor Agency”), as the successor entity to the Former Agency, was constituted, and a board of the Successor Agency (the “Board”) was established. B. AB X1 26 added Part 1.8 (commencing with Section 34161) and Part 1.85 (commencing with Section 34170) to Division 24 of the California Health and Safety Code (“HSC”) (such Parts 1.8 and 1.85, including amendments and supplements enacted after AB X1 26, being referred to herein as the “Dissolution Act”). C. Pursuant to the Dissolution Act, the Successor Agency is tasked with winding down the affairs of the Former Agency. D. Pursuant to HSC Section 34175(b), all real properties of the Former Agency are to be transferred pursuant to a Long-Range Property Management Plan which addresses the disposition of the real properties owned by the Successor Agency. E. On May 5, 2014, the Oversight Board adopted Resolution No. OB -073, approving a Long-Range Property Management Plan (the “Original LRPMP”) which addresses the disposition of the real properties owned by the Successor Agency. F. On June 2, 2014, the State Department of Finance (the “DOF”) approved the Original LRPMP. G. On September 21, 2015, the Oversight Board approved an amendment to Original LRPMP (the “LRPMP Amendment”). H. On December 9, 2015, the DOF approved the LRPMP, as amended by the LRPMP Amendment (the “LRPMP”). I. Pursuant to HSC Section 34191.3, the DOF-approved LRPMP shall govern, and supersede all other provisions of the Dissolution Act relating to the disposition and use of the real property assets of the Former Agency. Resolution No. SA-RDA 097 Page 2 J. On August 15, 2018, the Successor Agency of City of Palm Desert and Desert Wave Ventures, LLC entered into a valid Purchase Option and Sale Agreement (the “Agreement”). K. On June 26, 2018, the Oversight Board held a noticed public hearing and approved the transfer of the subject property (APN 620 -420-023) and approved the Agreement. L. On April 22, 2021, the First Amendment to the Purchase Option and Sale Agreement (“First Amendment”) was approved by the Successor Agency Board, for the purpose of extending the term of the Agreement. M. On May 20, 2021, the Oversight Board approved the First Amendment. N. The expiration of the Agreement, as amended by the First Amendment, was extended to November 8, 2022, through various additional actions of the Successor Agency Executive Director authorized by the Agreement. O. The Successor Agency Executive Director has exhausted any further administrative ability authorized by the Agreement to extend the closing date beyond November 8, 2022, and therefore additional extensions require review and approval by the Oversight Board. P. In its meeting of November 17, 2022, the Successor Agency Board will consider for approval the Second Amendment to Purchase Option and Sale Agreement (“Second Amendment”) which provides for a final extension of the closing date for the conveyance of the surplus Successor Agency property to occur no later than December 31, 2022. Q. The effectiveness of a Successor Agency Board approval of the Second Amendment is subject to the approval of the Second Amendment by the Oversight Board. NOW, THEREFORE, THE BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. The above recitals, and each of them, are true and correct. Section 2. The Board hereby directs the execution of Second Amendment to the Agreement which shall only be entered into by the Successor Agency after approval of the Second Amendment by the Consolidated Countywide Oversight Board to the Successor Agency and the approval if required, or deemed approval, by the Department of Finance. Section 3. The members of this Board and the staff of the Successor Agency are hereby authorized, jointly and severa lly, to do all things which they may deem necessary or proper to effectuate the purposes of this Resolution and the disposal of the subject property. Resolution No. SA-RDA 097 Page 3 Section 4. The Second Amendment is subject to conforming and clarifying changes acceptable to the Executive Director and Successor Agency Counsel, and the Executive Director is authorized to take such actions to implement the Second Amendment. ADOPTED ON NOVEMBER 17, 2022. JAN C. HARNIK CHAIR ATTEST: ANTHONY J. MEJIA SECRETARY I, Anthony J. Mejia, City Clerk of the City of Palm Desert, hereby certify that Resolution No. SA-RDA 097 is a full, true, and correct copy, and was duly adopted at a regular meeting of the City Council of the City of Palm Desert on November 17, 2022, by the following vote: AYES: JONATHAN, KELLY, NESTANDE, AND HARNIK NOES: QUINTANILLA ABSENT: NONE ABSTAIN: NONE RECUSED: NONE IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Palm Desert, California, on ____________________. ANTHONY J. MEJIA CITY CLERK Anthony Mejia (Nov 29, 2022 11:32 PST) Anthony Mejia (Nov 29, 2022 11:32 PST) Nov 29, 2022