HomeMy WebLinkAboutRDA RES 393RESOLUTION NO. 393
A RESOLUTION OF THE PALM DESERT REDEVELOPMENT
AGENCY APPROVING THE SALE TO DESERT WILLOW RESORT
PARTNERSHIP OF APPROXIMATELY 17.58 ACRES OF REAL
PROPERTY NORTH OF COUNTRY CLUB DRIVE, WEST OF COOK
STREET, AND EAST OF PORTOLA AVENUE
THE PALM DESERT REDEVELOPMENT AGENCY HEREBY FINDS,
DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1. On May 11, 2000, the City Council of the City of Palm Desert and the
Palm Desert Redevelopment Agency (the "Agency") held duly noticed joint public hearing on
the approval of the Agency's proposed sale 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 Desert Willow Resort Partnership
("Developer"), at which time all persons desiring to comment on or ask questions concerning the
sale of the Property to Developer were given the opportunity to do so. Prior to the public
hearing, information concerning the Agency's proposed sale of the Property to Developer was
available for public inspection in the offices 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 the Desert Sun on Apri126, 2000
and May 3, 2000.
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 Developer received prior to and at the public hearing on said conveyance.
Section 3. The environmental impacts of the development of improvements
thereon was analyzed in the Final Environmental Impact Report for the Section Four North
Sphere Project (the "EIR"). The City certified the EIR by Resolution No. 94-119, "Resolution of
the City Council of the City of Palm Desert, California, Certifying an Environmental Impact
Report for a Proposed Section Four Site Plan Bounded by Frank Sinatra Drive on the North,
Cook Street on the East, Country Club Drive on the South, and Portola Avenue on the West." In
addition, the City 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 sale of the Property to Developer.
RESOLUTION NO. 393
Section 4. The DDA provides that Developer shall have the right to construct
certain improvements on the Property as therein described, including, among other things, a hotel
and associated amenities.
Section 5. The Agency has obtained an evaluation of the fair reuse value of the
Property from REASCO, who has determined that the fair reuse value at the use and with the
covenants, conditions and development costs authorized by the sale or lease of the Site is $1.00.
Section 6. 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 7. The Agency hereby finds that the sale of the Property pursuant to the
DDA will assist in the elimination of blight by Developer'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 8. The Agency hereby finds that the consideration to be paid by
Developer 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 9. The Agency hereby approves the DDA and the sale of the Properiy to
Developer 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. 393
L. Section 10. The Agency hereby approves the DDA in substantially the form
presented to the Agency at this meeting and hereby authorizes either the Chairman or the
Exect:ti��c Director of the Agency to execute the DDA, and all other documents contemplated by
the DDA and necessary to effectuate the intent of this Resolution, with such additions thereto or
changes or insertions therein as may be approved by either the Chairman or the Executive
Director (such approval to be conclusively evidenced by such execution).
PASSED, APPROVED AND ADOPTED this 11 th day of MaY , 2000.
AYES: FERGUSON, KELLY, SPIEGEL, CRITES
NOES: BENSON
ABSENT: NONE
ABSTAIN: NONE
Buford A. Crites, Chairman
ATTEST:
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Rac elle Klassen, Acting Secretary