HomeMy WebLinkAboutCC RES 01-093RESOLUTION NO. 01- 93
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT, CALIFORNIA, APPROVING PAYMENT BY THE PALM
DESERT REDEVELOPMENT AGENCY FOR THE COST OF THE
INSTALLATION AND CONSTRUCTION OF A PUBLIC PARKING LOT
AND RELATED IMPROVEMENTS KNOWN AS PRESIDENTS' PLAZA
III.
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, et seq.), and in particular Section
33445 thereof, the Palm Desert Redevelopment Agency (the "Agency") is paying for all
or part of the cost of the installation and construction of improvements of a public
parking lot. The improvements shall include, but not be limited to, new asphalt paving,
curb and gutter, landscaping and irrigation, light standards, masonry trash enclosures
and related striping and signage. The Agency is proposing to reimburse the City of
Palm Desert (the "City") for the costs of the design, installation, and construction costs
of the public parking lot.
The Presidents' Plaza III public parking lot is located in an area bounded
by Sage Lane to the east, Highway 74 to the west, Highway 111 to the north, and El
Paseo to the south.
The improvements are located in Project Area No. 1 Amended, which the
City Council has previously determined is an area in which the combination of
conditions of blight are so prevalent and so substantial that it causes a reduction of, or
lack of, proper utilization of the area to such an extent that it constitutes a serious
physical, 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. Among other things, the Project Area contains vacant and
underutilized properties, properties that suffer from depreciated or stagnant property
values, and deteriorated, aged, and obsolete buildings. In addition, the Project Area is
characterized by the existence of inadequate open spaces, public improvements, and
public facilities, which cannot be remedied by private or governmental action without
redevelopment.
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RESOLUTION NO. 01-93
The construction of the improvements on previously vacant, underutilized
land remedies the lack of adequate public improvements, assists in the revitalization of
the project Area No. 1 Amended, encourages private sector investment and creates job
opportunities, all for the health, safety and welfare of the residents and 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 stessments 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 may not be expressly authorized.
Section 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 Project Area No. 1 Amended, and to the immediate neighborhood in
which the project is located, (ii) the payment of funds for the cost of the improvements
assists in the elimination of one or more blighting conditions inside Project Area No. 1
Amended by assisting the revitalization of Project Area No. 1 Amended, providing
increased employment opportunities, and encouraging private -sector investment, (iii)
the payment of funds for 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 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 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 the cost of the installation and construction of the improvements. Any
monies paid initially by the City for the costs of the improvements will constitute loans of
such monies by the City to the Agency, and the Agency will repay such loans to the
City, from time to time, upon demand of the City. At the City's option, the City may,
from time to time, demand payment from the Agency to pay any invoice or invoices
directly.
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RESOLUTION NO. 01- 93
PASSED, APPROVED and ADOPTED this 19ttrtay of July
AYES: BENSON, CRITES, SPIEGEL
NOES: NONE
ABSENT: KELLY
ABSTAIN: FERGUSON
Sheila R. illi• . n, Ci
Ierk
City of Palm Desert, ifornia
, 2001.
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