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HomeMy WebLinkAboutRDA RES 180RESOLUTION NO. 180 A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY APPROVING THE PAYMENT BY THE PALM DESERT REDEVELOPMENT AGENCY FOR ALL OR PART OF THE VALUE OF THE LAND FOR AND THE COST OF THE INSTALLATION AND CONSTRUCTION OF CERTAIN CAPITAL IMPROVEMENTS THE PALM DESERT REDEVELOPMENT AGENCY DOES HEREBY FIND, DETERMINE, RESOLVE AND ORDER AS FOLLOWS: Section 1: The City has caused to be prepared the Master Drainage Plan for the City of Palm Desert, which was prepared by Harold Howsley, in association with Willdan and Associates, and the City also has caused to be prepared the Master Drainage Plan, North Palm Desert Area, which was prepared by Willdan and Associates. Section 2: The Agency has caused to be prepared the Preliminary Development Plans, Central Commercial Redevelopment Area, which was prepared by Greenwald Crawford Associates. Section 3: The installation and construction of the facilities described in the Plans set forth in Sections 1 and 2 above will improve drainage in the area more described in such Plans for the benefit of the health, safety and welfare of the residents of, visitors to and taxpayers in such area. Section 4: The Agency has received information and estimates to the effect that the total cost of such facilities will exceed $40,000,000. The total budget of the City for public works capital improvements is less than $6,000,000. Following the addition of Article XIIIA to the California Constitution (the so-called "Jarvis -Gann Initiative"), the City is unable to finance public works capital improvements with general obligation bonds, and financing the total cost by special assessments would create an unreasonable burden upon owners of benefited properties. Section 5: The Agency does hereby find and determine (i) that such facilities described in the plans described in Sections 1 and 2 above are of benefit to the original Project Area No. 1 and the Project Area as amended, and (ii) that no other reasonable means of financing such improvements is available to the City. REDEVELOPMENT AGENCY RESOLUTION NO. 180 Section 6: The Agency does hereby approve payment for all or part of the value of the land for and the cost of the installation and construction of such facilities. PASSED, APPROVED and ADOPTED this 28th day of June 1984, by the following vote, to wit: AYES: JACKSON, PULUQI, WILSON & SNYDER NOES: NONE ABSENT: KELLY ABSTAIN: NONE WAL ER H . SNYDER , CWIRMAN ATTEST: SHEILA R. LLI , SECRETARY PALM DESERT RE ELOPMENT AGENCY