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HomeMy WebLinkAboutCC RES 98-130.-.. RESOLUTION NO. 98-130 A RESOLUTION OF THE CITY COiJNCIL OF THE CITY OF PALM ,.., DESERT APPROVING PAYMENT BY TFIE AGENCY FOR ALL OR PART OF THE VALUE OF THE LAND FOR AND THE COST OF THE INSTALLATION AND CONSTRUCTION OF PUBLICLY OWNED BUILDINGS, FACILITIES, STRUCTURES AND IMPROVEMENTS (VISITORS INFORMATION CENTER) THE CITY COUNCIL OF THE CITY OF PALM DESERT HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. Pursuant to provisions of the Community Redevelopment Law (California Health and Safety Code Section 33000, � secr.), and in particular Section 33445 thereof, the Palm Desert Redevelopment Agency (the "Agency") is paying �for all or part of the value of the land for and the cost of the installation and construction of a visitors information center (the "Improvements"). The Agency proposes to donate the above- described land and Improvements to the City of Palm Desert (the "City"). .- . The visitors information center site encompasses 12,632 square feet and is bounded approximately on the south by Fred Waring Drive and on the east by Monterey Avenue. The visitors �.., information center is located in Project Area No. 1 of the Agency pursuant to Ordinance No. 80 of the City, adopted on July 16, 1975 (the "Project Area"). The Project Area is an area which has previously been identified in the Redevelopment Plan as a blighted area. The area has previously been determined to create a social and economic burden which cannot reasonably be expected to be reversed or alleviated by private enterprise or governmental action, or both, without redevelopment. � The construction of the Improvements on previously vacant, underutilized land assists in remedying the lack of adequate public improvements and revitalization of the Project Area, encourages private sector investment and creates job opportunities, all for the health, safety and welfare of the residents and the taxpayers of the City. � Section 2. The budget constraints of the City prevent the City from financing the Improvements by any means. Traditional methods of financing such as the issuance of general obligation bonds are unavailable as a practical matter because of the extraordinary majority voter approval requirements of two- thirds of the electorate. Assessment financing or special tax financing could overburden benefitting properties with assessments or special taxes which would be added to existing taxes and assessments, and, in addition, special taxes require a two-thirds vote and assessment financing ma� not be expressly authorized. Sectiion 3. The City Council hereby finds and determines that based upon the foregoing and other information presented to the City Council: (i) the Improvements are of benefit to the Project Area and to the immediate area in which the project is located, (ii) the payment of funds for the acquisition of the above-described land and the cost of the Improvements assists in the elimina�ion of one or more blighting conditions inside the Project Area by remedying the lack of adequate public improvements, assisting in the revitalization of the Project Area, providing increased employment opportunities, and encouraging private sector investment, (iii) the payment of funds for the acquisition of the land and the cost of the Improvements is consistent with the Agency's implementation plan adopted pursuant to Health and Safety Code Section 33490; and (iv) no other reasonable means of financing the acquisition of the land and the Improvements are available to the City. Section 4. Following notice duly given, the City Council and the Agency have held a public hearing pursuant to Health and Safety Code Section 33679 on the payment by the Agency for all or a part of the value of the above-described land and the cost of the installation and construction of the Improvements. Section 5. The City Council hereby approves payment by the Agency for all or a part of the value of the above-described land and the cost of the installation and construction of the Improvements and hereby approves the transfer by the Agency to the City of such land and Improvements. �,,.., Section 6. The Chairman of the Agency is hereby authorized to execute any instruments reasonably necessary to cause such transfer to occur. .�. .•--. � ... PASSED, APPROVED and ADOPTED this 22nd day of October, 1998 AYES: Crites, Ferguson, Kelly, Spiegel, Benson NOES: None ABSENT: None ABSTAIN: None A�t�st : Sheila l��illiga�f,/ Secretary �..�.