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HomeMy WebLinkAboutCC RES 00-054RESOLUTION NO. 00-54 A RESOLUTION OF THE CITY OF PALM DESERT APPROVING THE SALE BY THE PALM DESERT REDEVELOPMENT AGENCY TO DESERT WILLOW RESORT PARTNERSHIP OF APPROXIMATELY 17.68 ACRES OF REAL PROPERTY NORTH OF COUNTRY CLUB DRIVE, WEST OF COOK STREET, AND EAST OF PORTOLA AVENUE THE CITY COUNCIL OF THE CITY OF PALM DESERT HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. On May 11, 2000, the City Council of the City of Palm Desert and the Palm Desert Redevelopment Agency (the "Agency") held duly noticed joint public hearing on the approval of the Agency's proposed sale of certain real property (the "Property") located in the Agency's Project Area No. 2, as described in that certain Disposition and Development Agreement (the "DDA") between the Agency and Desert Willow Resort Partnership ("Developer"), at which time all persons desiring to comment on or ask questions concerning the sale of the Property to Developer were given the opportunity to do so. Prior to the public hearing, information concerning the Agency's proposed sale of the Property to Developer was available for public inspection in the offices of the City of Palm Desert at 73-510 Fred Waring — Drive, Palm Desert, California 92260, between the hours of 8:00 a.m. and 5:00 p.m., Monday through Friday. Notice of the public hearing was published in the Desert Sun on April 26, 2000 and May 3, 2000. Section 2. The City Council has reviewed and considered all written and oral comments, questions and concerns regarding the Agency's proposed conveyance of the Property to Developer received prior to and at the public hearing on said conveyance. Section 3. The environmental impacts of the development of improvements thereon were analyzed in the Final Environmental Impact Report for the Section Four North Sphere Project (the "EIR"). The City certified the EIR by Resolution No. 94-119, "Resolution of the City Council of the City of Palm Desert, California, Certifying an Environmental Impact Report for a Proposed Section Four Site Plan Bounded by Frank Sinatra Drive on the North, Cook Street on the East, Country Club Drive on the South, and Portola Avenue on the West." In addition, the City finds that there have not been any (i) subsequent material changes in the project, (ii) significant new environmental impacts not previously considered as a part of the project, or (iii) new information relating to the project which would require supplemental environmental documentation for the sale of the Property to Developer. G \RDA\.Mana Hunt \WPDATA\HOTEL \cc res wpd RESOLUTION NO. 00-54 Section 4. The DDA provides that Developer shall have the right to construct certain improvements on the Property as therein described, including, among other things, a resort hotel and associated amenities. Section 5. The City Council has obtained an evaluation of the fair reuse value of the Property from REASCO, who has determined that the fair reuse value at the use and with the covenants, conditions and development costs authorized by the sale or lease of the Site is $1.00. Section 6. Project Area No. 2 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 on the community which cannot reasonably be expected to be reversed or alleviated by private enterprise or governmental action, or both, without redevelopment. In addition, Project Area No. 2 contains vacant and under-utilized properties and properties which suffer from economic dislocation, deterioration or disuse, including depreciated or stagnant property values and impaired investments. Project Area No. 2 is characterized by the existence of inadequate public improvements, public facilities and open spaces which cannot be remedied by private or governmental action without redevelopment. Section 7. The City Council hereby finds that the Agency's sale of the Property pursuant to the DDA will assist in the elimination of blight by Developer's construction of the improvements described in the DDA on previously vacant, under-utilized land, which will remedy the lack of adequate public improvements, assist in the revitalization of Project Area No. 2, encourage private sector investment and create job opportunities, all for the health, safety and welfare of the residents and taxpayers of the City. Section 8. The City Council hereby finds that the consideration to be paid by Developer is not less than the fair reuse value of the Property at its highest and best use in accordance with the Redevelopment Plan for Project Area No. 2 of the Agency. Section 9. The City Council hereby approves the DDA and the sale of the Property to Developer in accordance with the terms and conditions of the DDA pursuant to the requirements of Health and Safety Code Section 33433(b). G'RDA'Maria Hunt \WPDATA\HOTEL'cc res wpd 2 RESOLUTION NO, 00-54 Section 10. The Agency hereby approves the DDA in substantially the form presented to the Agency at this meeting and hereby authorizes either the Chairman or the Executive Director of the Agency to execute the DDA, and all other documents contemplated by the DDA and necessary to effectuate the intent of this Resolution, with such additions thereto or changes or insertions therein as may be approved by either the Chairman or the Executive Director (such approval to be conclusively evidenced by such execution). PASSED, APPROVED AND ADOPTED this 11 th day of May . 2000. AYES: FERGUSON, KELLY, SPIEGEL, CRITES NOES: BENSON ABSENT: NONE ABSTAIN: NONE ATTEST: Rac elle Klassen, Acting City Clerk G:\RDA\Maria Hunt\WPDATA\NOTEL cc.ra.wpd 3 Bufor . . Crites, Mayor