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HomeMy WebLinkAboutRDA RES 281RESOLUTION NO. 281 A RESOLUTIOI I OF THE PALM DESERT REDEVELOPMENT AGENCY MAKING FINDINGS THAT PROJECT AREA NO. 4 OF THE PALM DESERT REDEVELOPMENT AGENCY WILL CAUSF. A FINANCIAL Bi1RllEN OR DETRIMENT TO THE COUNTY OF RIVERSIDE AND THAT PAYMF.NTS AftE NECESSARY TO ALLEVIATE SUCH FINANCIAL BURDEN OR DETRIMENT, AND APPROVING A COOPERATIOIV AGREEMENT WITH `C}iE COtINTY OF RIVERSIDE The Palm Desert Reclevelu me►it A eiicy hereby FINDS, DETERMINES, BESO[..VES, and ORDERS as follows: Section 1. The City Council of tlle Cit of P lm Desert Uy Ordinance adopteci a reclf elopment plan for Project llrea No. -! ( the "Redevelopment Plan" ). Section 2. California Health aild Safety Code Section 334U1 rovides that the Palm Desert Redevelopment Agency ( the "Agency" ) may enter into agreements to pay to any taYing agency with territory located with Project Area No. 4, other than the City of Palm Desert, any amounts of mon y which the Agency has foutid are neces: ry and appropriate to alleviate aiiy financial burden or cletriment caus d to aiiy ta ing agency by Project Area No. 4. Section 3. The County of Riverside is i taxing agency with territory located withiii Project Area No. 4. Section 4. California Health and Safety Code Section 33012 defines "financial bix rden or detriment" as a net increase in the quality or quantity of a service of the aff cted ta ing entity caused by the redevelopment project or a loss of property ta revenues by the affected taxing entity produced by a change of ownership or new constrtiction whicti would have been received, or was reasoilabl5 e pected to have t een received, by the taxing entity if the redevelopment project was not establistied . Sectiori 5. The Agency has consulted with the County of Riverside, and the C nint.y of Riverside has presented substantial evidence to the Agency of the f'inancial k urden or detriment , as defined iii California Health and Safety Code Sectioii 33012, to the Couiity uf Riverside wtiicll will resiilt from the adoption and implementation of the Recievelopment Plan by tlie Agency. Based on such evidence r ncl ot.her reports t nd informatioii preseiited to tlie 1ge lcyr, the Agency hereby finds and determiiies that the A ericy's implemeritatioii of tlie Redevelopment Plan will result in a fiiiancial burde i or cletrimeiit to the Co uity of Riverside. 0 ItCSULUTION NO. 281 Section 6. The Agency hereby fincis �nd determines that payments are necessary to alle�•iate the financial burden or dPtrimc��it to the Coi�uty of Riverside c�a>>sE�cl l�y the Ag�►iey's im��lementat.i��u of the Reclecelopment Plan. The Cooperation /1�;rE�c�ment. arnong tlie County of Riverside, tliF Palm nesert Reclevelopment Ageney, �ai�cl tl�e Citv �f Palm Desert, whiell AgrEemc�>>t. 1�roc•icles for paymerits to the County ��f RivPrside CO RIIE?V1£1tP. �t f111811C1a1 u11T'C�E:11 (�r (IE?i.T'1tT1E'Tli 311C� wlii��h is �n file in the OfficE� of t:he City Clerk, is hereby approved, �ncl the Vice Chairman or the E�E�cut.ive Director of the Agency is hereby atitliorizecl a�id clirect.ecl f�r and on UF�lialf c�f t.he A�ency to e:�ecute and deliver such A�reement, for and oti belialf of the llg�ncy. Section 7. The Agency hereby finds atid dc�termi�ies that based upoii sttcli Agreernent, the effect of ta� inerement financing will not cause a significant financial l�urden or detriment to the County of Ri�-erside. PASSED, APPROVF.D, and ADOPTF.D by the Palm Desert Redevelo�ment. Agency this 9th day of Au ist, 1993, by the following vote, to wit: AYES: IiELLY, SNYDER, 4�'ILSON NOES : NON E ABSENT: CRITES, BFNSON ABSTAIN: NONE A"I'"I'EST : �C) Y��-�- Q �-�� -1-' MARY P. R ZIER, ASSISTk�VT SECIiETARY P/1I.M DES REDEVELOPMENT AGF.NCY �� -2-