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HomeMy WebLinkAboutCC RES 03-106RESOLUTION NO. 03-106 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 COST OF THE INSTALLATION AND CONSTRUCTION OF CERTAIN STORM DRAINAGE IMPROVEMENTS BENEFITING PROJECT AREA NO. 4 OF THE AGENCY 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 proposes to pay for all or a part of the cost of the installation and construction of certain storm drainage improvements benefiting Project Area No. 4 of the Agency. The subject storm drainage improvements will be owned by the City of Palm Desert. Attached hereto as Exhibit A is a diagram showing the general location of such storm drainage improvements. 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 governmental 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 storm drainage improvements which cannot be remedied by private or governmental action without redevelopment. The subject storm drainage improvements will improve storm drainage in the Project Area and help to alleviate the hazards of flooding, all for the benefit of the health, safety and welfare of the residents and taxpayers of the Project Area. Such storm drainage improvements will serve a basic purpose of redevelopment; redevelopment includes the provision of structures and spaces as may be appropriate or necessary in the interest of the general welfare. In addition, a fundamental purpose of redevelopment is to expand employment opportunities and to provide an environment for the social, economic and psychological growth and well-being of all citizens. The subject storm drainage improvements will provide a new, modern and efficient storm drainage system to serve the residents and taxpayers of the Project Area. Such storm drainage improvements will 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 lots and will encourage private -sector investment in the Project Area, thereby facilitating the redevelopment of the Project Area. 748102-2 1 Resolution No. 03- 106 Section 2. The budget constraints of the City prevent the City from financing the subject storm drainage improvements by any means. No moneys of the City are available to pay for the cost of such 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 benefiting properties with assessments or special taxes and, in addition, special taxes require a two-thirds vote and assessments are subject to a majority protest. Section 3. The City Council hereby finds and determines that based upon the foregoing and other information presented to the City Council: (i) the subject storm drainage 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 cost of such 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 such facilities 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 the cost of the construction of the foregoing described improvements, in an amount not to exceed $9,000,000. PASSED, APPROVED and ADOPTED this 9`h day of October 2003, by the following vote to wit: AYES: NOES: ABSENTS: ABSTAINS: CRITES, FERGUSON, KELLY, SPIEGEL, BENSON NONE NONE NONE J Attest: Rac elle D. ' . ssen, ity Clerk 1%- 44t Benson, Mayor 748102-2 HOVLEYLNE DEEP CANCON RD 1 y 0 0 1 ▪ y 1 ▪ 00 • 1 URWAYDR ...�.•-•• • Palm Desert Redevelopment Agency Project Area No. 4 , C'�s t�2i FRANK SIN TRA DR N4., ELDORADO DR COUNTRY CLUB DR RDA Project Area No. 4 1993 OASIS CLUB DR L CALIFORNIA A FRED WARING DR STATE HWY 111 Sub Area B Sub Area L Sub Area S HOVLEYLNE CITY LIMITS CITY LIMITS Resolution No. 03-106 Resolution No. 03-106 EXHIBIT A