HomeMy WebLinkAboutRDA RES 382RESOLUTION NO. 382
A RESOLUTION OF THE PALM DESERT
REDEVELOPMENT AGENCY APPROVING THE
CONVEYANCE TO THE TRUSTEES OF CALIFORIVIA
STATE iJNIVERSITY OF APPROXIMATELY 40 ACRES
OF REAL PROPERTY LOCATED AT THE NORTHEAST
CORNER OF FRANK SINATRA DRIVE AND COOK
STREET
THE PALM DESERT REDEVELOPMENT AGENCY HEREBY FINDS,
DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1. On October 14, 1999, the City Council of the City of Palm Desert
and the Palm Desert Redevelopment Agency (the "Agency") held a duly noticed joint public
hearing on the approval of the Agency's proposed conveyance of certain real property (the
"Property") located in the Agency's Project Area No. 2, as described in that certain
Disposition and Development Agreement (the "DDA") between the Agency and the Trustees
of the California State University ("CSU"), at which time all persons desiring to comment on
or ask questions concerning the conveyance of the Property to CSU were given the opportunity
to do so. Prior to the public hearing, information concerning the Agency's proposed
conveyance of the Property to CSU was available for public inspection in the off'ices of the
City of Palm Desert at 73-510 Fred Waring Drive, Palm Desert, California 92260, between
the hours of 8:00 a.m. and 5:00 p.m., Monday through Friday. Notice of the public hearing
was published in Desert Sun on September 30, 1999 and October 7, 1999.
Section 2. The Agency has reviewed and considered all written and oral
comments, questions and concerns regarding the Agency's proposed conveyance of the
Property to CSU received prior to and at the public hearing on said conveyance.
Section 3. The environmental impacts of the Agency's proposed conveyance of
the Property to CSU for the development of improvements thereon was analyzed in the Final
Environmental Impact Report for the California State University San Bernardino, Coachella
Valley Master Plan (the "EIR"). The City certified the EIR by Resolution No. 99-34,
"Resolution of the City Council of the City of Palm Desert, California, Approving a Master
Plan, Conditional Use Permit and Certification of an Environmental Impact Report (EIR) SCH
#97111071 to Allow Development of a California State University Campus on 204 Acres
Bounded by Cook Street, Frank Sinatra Drive and Gerald Ford Avenue, APN 653-420-016,
37-300 Cook Street. Case No. CUP 99-3. " In addition, the Agency finds that there have not
been any (i) subsequent material changes in the project, (ii) significant new environmental
impacts not previously considered as a part of the project, or (iii) new information relating to
the project which would require supplemental environmental documentation for the
conveyance of the Property to CSU.
Section 4. The DDA provides that CSU shall have the right to construct certain
improvements on the Property as therein described.
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RESOLUTION NO. 382
Section 4. The Agency has obtained an evaluation of the fair market value of
the Property from REASCO, who has determined that the fair reuse value of the Site when
encumbered by the restrictions set forth in the DDA is $0.00.
Section 5. Project Area No. 2 is an area which has previously been identified
in the Redevelopment Plan as a blighted area. The area has previously been determined to
create a 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. In addition, Project Area No. 2 contains vacant and under-utilized properties
and properties which suffer from economic dislocation, deterioration or disuse, including
depreciated or stagnant property values and impaired investments. Project Area No. 2 is
characterized by the existence of inadequate public improvements, public facilities and open
spaces which cannot be remedied by private or governmental action without redevelopment.
Section 6. The Agency hereby finds that the conveyance of the Property
pursuant to the DDA will assist in the elimination of blight by CSU's construction of the
improvements described in the DDA on previously vacant, under-utilized land, which will
remedy the lack of adequate public improvements, assist in the revitalization of Project Area
No. 2, encourage private sector investment and create job opportunities, all for the health, '"'�"
safety and welfare of the residents and taxpayers of the City.
Section 7. The Agency hereby fmds that the consideration to be paid by CSU is
not less than the fair reuse value of the Property at its highest and best use in accordance with
the Redevelopment Plan for Project Area No. 2 of the Agency.
Section 8. The Agency hereby fmds that the conveyance of the Property
pursuant to the DDA is consistent with the Agency's Implementation Plan adopted pursuant to
Health and Safety Code Section 33490.
Section 9. The Agency hereby approves the DDA and the sale of the Property
to CSU in accordance with the terms and conditions of the DDA pursuant to the requirements
of Health and Safety Code Section 33433(b).
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RESOLUTION NO. 382
Section 10. If CSU has not signed the DDA by December 31, 1999, then CSU
agrees that the Agency's approval of the DDA shall automatically be rescinded unless such
approval has otherwise been extended by the Agency.
PASSED, APPROVED and ADOPTED by the Agency Board of the City of
Palm Desert, thisl4th day of October, 1999, by the following vote, to wit:
AYES: Benson, Crites, Ferguson, Kelly, Spiegel
NOES: None
ABSENT: None
ABSTAIN: None
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