HomeMy WebLinkAboutRequest to Postpone Payment of Housing Mitigation Fee TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: RAMON A. DIAZ, CITY MANAGER
SUBJECT: REQUEST TO POSTPONE PAYMENT OF HOUSING MITIGATION FEE
PDH Associates Inc. (Developers of Courtyard and Residence Inn)requests that this fee be paid
at the issuance of a Certificate of Occupancy. The attached letter sets forth the reason for this
request.
Housing Manager Terre LaRocca does not have a problem with the request.
We have permitted the permits to be issued pending decision on the request. All public
improvements have been bonded and these bonds can be kept until the fee is paid. Further, we
have the ultimate control by withholding the applicant's right to utilize the facility.
DIAZ
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Attachment
OITY COUNCIL ACTION:
APPROVED V DENIED
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PDH Associates LLC PALMJuL 1998
DESERT CITY HALL
55 550 Riviera Drive CITY MANAGER
La Quinta,CA 92253
Telephone 760 771-3110
Facsimile 760 564-2862
July 28, 1998 via fax 760 340-0574
Hard Copy to Follow
Mr. Ramon A. Diaz
City Manager
City of Palm Desert
73 510 Fred Waring Drive
Palm Desert, CA 92260-2578
Dear Mr. Diaz,
Re: Entitlement fees for our Palm Desert Hotel projects
Further to our discussion regarding delayed payment of certain fees.
With the new room count, the fee for Low Income Housing for our project aggregates to a total of
$281,000
If the City agrees we propose to pay this fee at the C of 0. The interest saved will help our
stressed budget.
Grading is almost complete and we would like to pull the Building Permits within the next 7-10
days.
Please call me if you have any questions regarding our project or this request.
Sincerely,
illiam . n
for PDH Associates C