HomeMy WebLinkAboutCC RES 79-129RESOLUTION N0. 79-129
A RESOLUTION OF TIiE CITY COUNCIL OF THE CITY OF
PALM DESERT, CALIFORNIA, AUTHORIZING APPLICATION FOR
URBAN DEVELOPMENT ACTION GRANT FUNDS TO THE COUNTY OF
RIVEP.SIDE TO PROVIDE FUPdDING FOR OFF-SITE IP�IPROVEP�ENTS
AND OTHER ACTIVITIES ESSEiVTIAL TO THE DEVELOP?"IENT OF AN
AFFORDABLE HOUSING PROJECT APID REGIO�I�1L COP�"1ERCIAL CENTER
IN THE CITY OF PAL'�4 DESERT.
WHEREAS, under the provisions of the Housin� and Community
Development Act of 1977, Public Law 95-128, the Department of Housing
and Urban Development is authorized to make grants to distressed urban
counties and cooperating jurisdiction to assist in revitalizing their
economic base and the reclamation of deteriorating neighborhoods; and
«iEREAS, the County of Riverside has taken steps to participate
in various financially assisted programs through the Department of
Housing and Urban Development; and in so doing has compiled information
that indicates the County qualifies as a"distressed County" under the
regulations governing the Urban Development Action Grant Program for
Urban Counties; and
W�iEP.EAS, the City of Palm Desert is a cooperating jurisdiction
with the County of Riverside in these programs; and
WHEREAS, the City of Palm Desert, the Coachella Va11ey, and the
County of Riverside have a continuing need to increase employment op-
portunities in the community for low and moderate income families; and
WH�REAS, the City of Palm Desert, the Coachella Valley, and the
County of Riverside have a continuing need to provide affordable housing
for low and moderate income families; and
WH�REAS, the County of Riverside and the City of Palm Desert
must provide an incentive to attract employment and housing opportunities
and by providing an incentive, they can attract these new opportunities
by the improvement of streets, drainage channels, utilities, and other
activities in the project area, and
��TI-IEREAS, the County of Riverside and the City of Palm Desert
cannot afford to provide sucli streets and other improvements from their
normal revenue sources; and
WHEREAS, from the private sector, a regional commercial center
developer and a housing developer have agreed to commit to spend
approximately $39,000,000 and these o�,mers and authorized persons made
their commitments contingent on approval of the County of Riverside's
application for Action Grant funds and these commitments are to construct
a new regional commercial center, an affordable housing project, and�
contribute to the improver.ients of off-site facilities in the project'
adjacent to or near the intersection of Monterey Avenue and State Route
111; and
WHEP.EAS, the new facilities will provide an estimated 1,553
permanent and 700 construction jobs and the development of these projects
would be advantageous to the progress of the County of Riverside and
the City of Palm Desert; and
WIiEREAS, the City Council did hold a duly noticed public hearin�
on October 25, 1979, at which time all interested persons did give
testimony as to their opinions, for and against, regarding the City's
participation in this grant application which has been duly considered
by the City Council; and
WHEREAS, the proposed application does include a loan request
which would be repaid by the City's Redevelopment Agency; and
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RESOLUTION N0. 79- 129
Page two
WHER�AS, the City of Palm Desert is requesting approval of
the County of iiverside's application to the Department of Housing
and Urban Development, for an Urban Development Action Grant amounting
to $6,689,000.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Palm Desert, California, as follows:
1. That the above recitations are true and correct and con-
stitute the findings of the Council in this matter.
2. That the Council does hereby endorse and support the Urban
Development Action Grant application.
3. That the Tlayor of the City of Palm Desert be and he is here-
by duly authorized to execute all documents pertaining to the
grant application, including the required Assurances as are
listed on HUD Form No. 7015.12, attached hereto and made a
part hereof as Exhibit "A".
4. That the Council does hereby request that the City of
Palm Desert Redevelopment Agency agree to participate in the
loan portion of the grant.
PASSED, APPP,OVED and ADOPT�D by the City Council of the City of
Palm Desert, California, on this ?5rh day of Ocr_�h�� 1979, by the
following vote, to wit:
AYES: Brush, McPherson, Newbrander, Wilson & Mullins
NOES: None
ABSENT: None
ABSTAIPI: None
ATTEST:
.
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�- ILA R. G IGAid , C' y C er �-
City of Palm Desert, (. alifornia
I�
, Mayor
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