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HomeMy WebLinkAboutCC RES 02-003RESOLUTION NO. 02- 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT APPROVING PAYMENT BY THE PALM DESERT REDEVELOPMENT AGENCY FOR ALL OR A PART OF THE VALUE OF THE LAND FOR AND THE COST OF THE INSTALLATION AND CONSTRUCTION OF VARIOUS IMPROVEMENTS 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") has paid or proposes to pay for all or a part of the value of the land for and the cost of the installation and construction of improvements to the widening of Fred Waring Drive, the widening of Monterey Avenue and the creation of cul de sacs at Catalina Way and Guadalupe Avenue, public parking at Highway 111 and Monterey Avenue, and President's Plaza, and improvements to Cahuilla Hills Park, as more particularly described in Exhibit "A". The improvements are located in Project Area No. 1, As Amended, of the Agency. The City Council has previously determined that the Project Area is an area in which the combination of conditions of blight is 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 govemmental action, or both, without redevelopment. Among other things, the Project Area contains vacant and underutilized properties, properties which 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 public improvements and public facilities, including inadequate circulation improvements which cannot be remedied by private or governmental action without redevelopment. Alt of the improvements will improve traffic circulation within the Project Area and thereby mitigate congestion and safety hazards, all for the benefit of the health, safety and welfare of the residents and taxpayers of the Project Area. The parking improvements provide additional public parking facilities for the existing Visitors' Center and retail complexes thereby helping to attract and retain customers to commercial uses in the Project Area. The widening of Monterey Avenue improves north -south traffic circulation in the City and the Project Area. Cahuilla Hills Park provides modern and efficient recreational facilities to serve the residents and taxpayers of the City and particularly the Project Area. The improvements will thereby assist in the elimination of conditions of blight within the Project Area which are caused by inadequate public improvements. This in turn will assist in eliminating a factor which prevents or substantially hinders the economically viable use or capacity of buildings or Tots and will encourage private -sector investment in the Project Area, thereby facilitating the redevelopment of the Project Area. Section 2. The budget constraints of the City prevent the City from financing the Improvements by any means. No moneys of the City are available to pay for the cost of the Improvements. 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 and, in addition, special taxes require a two-thirds vote and assessments are subject to a majority protest. P6402\0001\680595.2 DRAFT 1/11/02 12:04 RESOLUTION NO. 02- 3 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 the Project Area and the immediate neighborhood in which the project is located; (ii) the payment of funds for the acquisition of land and the cost of the improvements will assist in the elimination of one or more blighting conditions inside the Project Area; (iii) the payment of funds for the acquisition of 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 improvements is available to the City. Section 4. The City Council hereby approves payment by the Agency for all or a part of the value of the land for and the cost of the installation and construction of the foregoing improvements. PASSED, APPROVED and ADOPTED this 24th day of January, 2002. AYES: BENSON, CRITES, FERGUSON, SPEIGEL, KELLY NOES: NONE ABSENT: NONE ABSTAIN: NONE Attest: li14),4m4 RI RD S. KELLY, MAYOR RA HEL KLA SEN, D PUTY CITY CLERK CITY OF PALM DESERT, CALIFORNIA P6402\0001\680595.2 -2- DRAFT 1/11/02 12:04 Palm Desert Redevelopment Agenzy Resolution No. 02-3 APN Fred Waring Widening Project 622-200-002 622-200-003 622-200-004 622-200-005 622-200-006 622-200-020 622-200-061 624-201-012 624-221-001 624-221-002 Owner per MetroScan Pd Redev Agency Pd Redev Agency Pd Redev Agency Pd Redev Agency Palm Desert Redev Agency Palm Desert Redev Agency Property Address 73974 Fred Waring Dr 73964 Fred Waring Dr 73954 Fred Waring Dr 73944 Fred Waring Dr 73934 Fred Waring Dr 73770 Fred Waring Dr Pd Redev Agency 73984 Fred Waring Dr Palm Desert Redevelopment Agency 74240 Fred Waring Dr Palm Desert Redevelopment Agency 74240 Fred Waring Dr Palm Desert Redevelopment Agency 74266 Fred Waring Dr Monterey Avenue Widening/Cul-de-sac project 627-032-001 627-032-022 627-061-039 Parking Lots 627-212-016 627-221-011 627-222-042 640-140-018 Public Parks 640-180-008 Palm Desert Redevelopment Agency Monterey Avenue Palm Desert Redevelopment Agency Monterey Avenue Palm Desert Redevelopment Agency Monterey Avenue Palm Desert Redevelopment Agency Palm Desert Redevelopment Agency City of Palm Desert Redevelopment Agency Palm Desert Redevelopment Agency Presidents Plaza Parking Lot Presidents Plaza Parking Lot Presidents Plaza Parking Lot Existing Visitors Center Prkg lot 111/Montry Redevelopment Agency City of Palm Desert jCahuilla Hills Park Original Transfer Date 8/27/99 8/27/99 8/27/99 8/27/99 6/30/99 6/30/99 8/27/99 11/12/99 11 /12/99 6/30/99 10/1/80 9/1/80 5/1 /82 7/1/79 6/1/79 6/1/77 9/1/83 1/1/90 Page 1 of 1 Exhibit A October 10, 2001