HomeMy WebLinkAboutRDA RES 260RESOLUTION NO. 260
A RSSOLUTION OF THS PALM DBSERT RSDSVSLOPI NT
AGSNCY APPROVING THS PAYMENT BY THS AGSNCY FOR
ALL OR PART OF THE VALUR OF TH$ LAND FOR AND
Ti COST OF INSTALLATION AND CONSTRUCTION OF
CSRTAIN PUBLICLY OWN}3D FACILITISS AND
IMPROVSMENTS
THE PALM DESERT REDEVELOPMENT AGENCY 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 Agency
proposes to pay all or part of the value of the land for and the
costs of installation and construction of certain publicly owned
facilities and improvements to be located in the City o Palm
Desert. Those facilities and improvements include a municipal golf
course, which is proposed to be located southeast of the
intersection of Portola Avenue and Frank Sinatra Drive; traffic
circulation improvements to facilitate a freeway interchange at
Cook Street; park and recreational Whitewater Channel at Cook
Street; park and recreational facilities in the Civic Center area
of the City, including tennis courts, volleyball courts, baseball
diamonds and playing fields; traffic circulation and drainaqe
improvements at Highway 111 and Deep Canyon Drive; and parking
improvements and facilities to be located near the Town Center Mall
and surrounding commercial uses. The construction of the proposed
parks and recreation improvements and facilities, including the
municipal golf course, will provide new, modern and efficient
recreational facilities to serve the residents and taxpayers of the
City and particularly of Project Area No. 1, As Amended. The bulk
of the residents and taxpayers of the City reside in Project Area
No. 1, As Amended, and it is expected that they will be the
principal users and beneficiaries of the park and recreational
facilities, includinq the municipal golf course. Cook Street is a
major north-south thoroughfare serving the City, and in particular
Project Area No. 1, As Amended, of the Agency. Cook street
provides access to Project Area no. 1, As Amended, generally along
its eastern boundary. The interchange improvements and the bridge
will further improve traffic circulation in and around Project Area
No. 1, As Amended. Similarly, the traffic circulation and drainage
improvements at Highway 111 and Deep Canyon Drive will improve
traffic circulation in Project Area No. 1, As Amended, and in
particular the commercial areas of the Original Territory of the
Project Area. The parking improvements and facilities proposed to
be located near the Town Center Mall and surrounding commercial
uses will provide additional public parking facilities and help to
attract and retain customers to those commercial uses in the
original Territory of Project Area No. 1, As Amended. The
foregoing will help correct the situation of inadequate public
improvements and facilities in the Project Area, promote the sound
RESOLUTION NO. 260
dAvelopment and redevelopment of the project areas, reduce crime
and juvenile delinquency and create �nbs, alI for the benefit of
tlie health, safety and welfare of the residents and taxpayers of
the City and Project Area No. 2, As Amended.
Section 2. The budget constraints of the City and the
extraordinary voter approval requirements applicable to traditional
methods oi financing such facilities and improvements (such as
general obligation bonds and community facilities district bonds)
as a practical matter prevent the City from financing the
acquisition of land and payment for the cost of the installation
and construction of these facilities by any other means. While
special assessment bonds will finance a portion of the cost of the
freeway interchange improvements at Cook Street, the remaining
improvements wi11 have more general rather than special benefits to
property owners, and ther�fore special assessment financing would
not be an appropriate method of financing the facilities and
improvements described in Section 1.
Section 3. The Agency hereby finds and determines that based
upon the foregoing and other information presented to the Agency�
(i) the facilities and improvements described in Section 1, above,
will be of benefit to, and will primarily benefit, Project Area No.
1, As Amended; and ( ii) no other reasonable means of financing stich
acquisition and installation and construction are available to the
City.
Section 4. The Agency hereby approves the payment by thA
Agency for all or part of the value of the land for and the cost of
installation and construction of facilities and improvements
described in Section 1, hereof, from any revenues of the Agency
lawfully available therefor, including taxes allocated to the
Agency from Project Area No. 1, As Amended.
PASSED, APPROVED AND ADOPTED this 23rd day of April, 1992.
AYES: BENSON, CRITES, SNYDER, WILSON, KELLY
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE , �r
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ATTEST' : ' �
� � '� � Ri rd S. K"el ly, Cha ' man
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`�- ✓�� �' �,�.,. J t v%C,- L{t c' ,� �✓
Sheila R, Gilligan, Se retary
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