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HomeMy WebLinkAboutRDA RES 261RESOLUTION NO. 261 A RESOLV ION OF Ti Pl ►LM DB3BRT RSDSVSLOPl NT AGSI ICY PIPPRO TING PAYMSNTS iiITH CBRTAIN AF1rECTaD TA%ING 1 ►GSI CIE3 PURSUANT TO VARIOUS COOPSRPITIVE AGRB S THE PALM DB88RT REDEVELOPMTNT AGENCY HEREBY FINDS, DBTERI iINES, R$SOLVES AND ORDBRS AS FOLLOWS: Section 1. The City of Palm Desert and the Palm Desert Redevelopment Agency have undertaken and completed certain proceedings pursuant to the Co n unity Redevelopment Law to amend the Redevelopment Plan for Project Area No. 1, As Amended, and to adopt the Redevelopment Plan for Project Area No. 3. California Health and Safety Code Section 33401 provides that the Aqency may pay to any taxinq agency with territory located within a project area, other than the City, any amounts of money which the Agency has found are necessary and appropriate to alleviate any financial burden or detriment caused to the taxing agency by the project. Section 2. The Executive Director of the Aqency has previously presented to the Aqency drafts of proposed cooperative agreements pertaining to the Added Territory of Project Area No. 1, As Amended, of the Agenc , and to Project Area No. 3 of the Agency, with the County of Riverside, the Desert Sands Unified School District, the Desert Community Colleqe District, the Riverside County Board of Education, the Coachella Valley Mosquito Abatement District, the Coachella Valley Recreation and Park District, respectively. $ach of the cooperative agreements provides for payments to the taxinq aqency which is a party thereto to alleviate any financial burden or detriment caused by the redevelopment projects contemplated thereby. Section 3. California Health and Safety Code Section 33012 defines "financial burden or detriment" as a net increase in the quality or quantity of a service of the affected taxing entity caused by the redevelopment project or a loss of property tax revenues by the affected taxing entity produced by a chanqe of ownership or new construction which would have been received, or was reasonably expected to have been received, by the taxing entity if the redevelopment project was not established. Representatives of the Agency have consulted with representatives of each of the taxing aqencies described in Section Z hereof, and such taxinq agencies have presented substantial evidence of the financial burden or detriment, as defined in California Health and Safety Code Section 33012, caused by the redevelopment projects contemplated by the cooperative agree nents described in Section 2 hereof. Based on such evidence and other reports and information presented to the aqency, the Agency hereby finds and determines that the Agency's implementation of the redevelopment projects as contemplated by the aqreements described in Section 2 hereof will result in a financial burden or detriment to such taxing agencies, RSSOLUTION NO. 261 and payments pursuant to such cooperative aqreements are hereby approved an� ,�a.tifiad. The Agency h,ereby finc� a�d c�aetera�ines that the payments provided for in each such agree�tettt a�Ce .aepessary to alleviate tbe. financial bt�rd�n or det��i�sent to -ti}�a^�arY�ag agency. The respective agreements, which a�e. q�3-f�l�e in =�he�:eff�ce of the Executive Director of the Agency and which agreements were previously approved by the Aqency and City Council, are hereby further approved and ratified,�and-ihe �xecuiive Director of the Agency is �iereby authorized and directed for � and a�a bel3alf of tk�e Aqency to execute and deliver such agreements for and on behalf of the Aqency. - PASSSD, APPROVED AND ADOPTSD �his 14th day o£ Nay, 1992 by the folTowing vote, to wit: AYES: BENSON, CRITSS, SNYDTR, WILSON NOES: NONE ABSENT: KSLLY ABSTAI2�: NONE ATR'EST : ` � . .. � ���.� �I %!!�%1 L�� �� ;� ' C�-�-�-��� SHEILA R ILLIGAN, SE T RY 2