HomeMy WebLinkAbout1977-06-23MINUTES
PALM DESERT REDEVELOPMENT AGENCY
THURSDAY, JUNE 23, 1977
CITY HALL COUNCIL CHAMBERS
CALL TO ORDER
Chairman Mullins called the meeting to order at 8:20 p.m. on Thursday,
:Jne 23, 1977, in City Hall Council Chambers.
:I. ROLL CALL
Members Present:
Member Brush
Member McPherson
Member Newbrander
Member Wilson
Chairman Mullins
Also Present:
Martin J. Bouman, Executive Director
Jeffery Patterson, Deputy City Attorney
Les Pricer, Assistant to the Executive Director
Paul A. Williams, Chief Planning Advisor
AWARDS, PRESENTATIONS, AND APPOINTMENTS
None
CONSENT CALENDAR
A. MINUTES of the Palm Desert Redevelopment Agency Meeting of May 12, 1977.
Rec: Approve as presented.
B. CLAIMS AND DEMANDS AGAINST THE AGENCY TREASURY - Demand Nos. 5-2, 5-3,
and 6-1.
Rec: Approve as presented.
Member McPherson moved and Member Newbrander seconded to approve the Consent
:alendar as presented. Motion carried unanimously.
NEW BUSINESS
A. CASE NO. RPA 03-77 - C. G. DUNHAM, APPLICANT: Consideration of a Request
for an Amendment to the Palm Desert Redevelopment Plan to Change the Land
Use for Designation from Medium Density Residential to Core Area Commercial
on a 1.5-Acre Parcel of Land Located South of El Paseo Between Lupine
Lane and Sun Lodge Lane.
Mr. Williams reviewed Staff's report to the Agency indicating that the
property is presently zoned PR-6 reflecting the Redevelopment Agency's
previous desire to break up the strip commercial along El Paseo and
still be compatible with residential developments to the east, west,
and south. The applicant's request is aimed at developing the entire
block on which the subject parcel is located as Core Area Commercial.
Member Brush moved and Member McPherson seconded to refer the matter to the
:fanning Commission to determine compliance with the City's adopted General Plan.
'')tion carried unanimously.
:Jne 23, 1977 Page 1
NEW BUSINESS
B. RESOLUTION NO. 53 - A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY
ADOPTING THE AGENCY'S BUDGET FOR FISCAL YEAR 1977-78.
Mr. Bouman reviewed the proposed budget for the Agency members pointing
out the fact that the budget was higher than the previous one in that
the Agency had its own staff now in addition to charges being made to
it for time devoted by key City employees and the Executive Director.
He pointed out that $168,000 had been budgeted as possible Bond Issue
Expenses since this is likely to be the year when we look at the large
improvement program being presented to us by consultants. He continued
by explaining the Interest Expense of $32,000, Real Estate Acquisition
of $161,000, and Site Improvement Costs of $222,000. Revenue sources
are estimated to be $736,600 which includes $500,000 to be borrowed
from a local bank and $236,600 borrowed from the City.
Member McPherson moved and Member Brush seconded to waive further reading
adopt Resolution No. 53. Motion carried unanimously.
OLD BUSINESS
None
REPORTS AND REMARKS
A. EXECUTIVE DIRECTOR
1. Mr. Bouman introduced Resolution No. 54, Accepting an Advance from
the City of Palm Desert, California, in the Amount of $500,000,
Such Advance To Be Treated As a Loan and To Be Repaid with Interest.
Mr. Bouman stated that this was the Agency's acceptance of the loan
from the City and advised that the loan would not be negotiated if
favorable reports were received in time from the bond counsel and
the loan could be obtained from the bank.
Member Newbrander moved and Member Brush seconded to waive further reading
adopt Resolution No. 54. Motion carried unanimously.
2. Mr. Bouman introduced Resolution No. 55, Setting Forth the Agency's
Acceptance of the Loan from City National Bank and Setting Forth
the Terms of the Note Therein.
Mr. Bouman stated that the bond counsel would want?`to see the
authorization by the Agency to borrow $500,000 from a private
lending institution and the terms of the note. This resolution
sets forth this information.
Member McPherson moved and Member Wilson seconded to waive further reading
I adopt Resolution No. 55. Motion carried unanimously.
B. CITY ATTORNEY - None
C. CHAIRMAN AND MEMBERS OF THE REDEVELOPMENT AGENCY - None
I. ADJOURNMENT
Member McPherson moved and Member Brush seconded to adjourn the meeting.
:ion carried unanimously. Chairman Mullins adjourned the meeting at 9:37 p.m.
OWARD D. MULLINS, CHAIRMAN
'EST:
" �,,��.•
:ILA R. GILLIGAN, Secreta to the
m Desert Redevelopment Agency
ie 23, 1977
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