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Home My WebLink AboutRDA RES 431RESOLUTiON NO. 431 A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY APPROVING PAYMENT BY THE AGENCY FOR ALL OR A PART OF THE VALUE OF THE LAND FOR AND THE COST OF THE INSTALLATION AND CONSTRUCTION OF VARIOUS PUBLIC IMPROVEMENTS 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 seg.), and in particular Section 33445 thereof, the Palm Desert Redevelopment Agency has paid or proposes to pay for all or a part of the value of the land for and the cost of the installation and construction of improvements to the widening of Fred Waring Drive, the widening of Monterey Avenue and the creation of cul de sacs at Catalina Way and Guadalupe Avenue, public parking at Highway 111 Avenue and Monterey, and President's Plaza, and improvements to Cahuilla Hills Park, as more particularly described in Exhibit "A". The improvements are located in Project Area No. 1, As Amended, of the Agency. The City Council has previously determined that the Project Area is an area in which the combination of conditions of blight is so prevalent and so substantial that it causes a reduction of, or lack of, proper utilization of the area to such an extent that it constitutes a serious physical, social and economic burden on the communitywhich cannot reasonably be expected to be reversed or alleviated by private enterprise or governmental action, or both, without redevelopment. Among other things, the Project Area contains vacant and underutilized properties, properties which suffer from depreciated or stagnant property values, and deteriorated, aged and obsolete buildings. In addition, the Project Area is characterized by the existence of inadequate public improvements and public facilities, including inadequate circulation improvements which cannot be remedied by private or governmental action without redevelopment. AIf of the improvements will improve traffic circulation within the Project Area and thereby mitigate congestion and safety hazards, all for the benefit of the health, safety and welfare of the residents and taxpayers of the Project Area. The parking improvements provide additional public parking facilities for the existing Visitors Center and retail complexes thereby helping to attract and retain customers to commercial uses in the Project Area. The widening of Monterey Avenue improves north-south traffic circulation in the City and the Project Area. Cahuilla Hills Park provides modern and efficient recreational facilities to serve the residents and taxpayers of the City and particularly the Project Area. The improvements will thereby assist in the elimination of conditions of blight within the Project Area which are caused by inadequate public improvernents. This in turn will assist in eliminating a factor which prevents or substantially hinders the economically viable use or capacity of buildings or lots and will encourage private-sector investment in the Project Area, thereby facilitating the redevelopment of the Project Area. Section 2. The budget constraints of the City prevent the City from financing the Improvements by any means. No moneys of the City are available to pay for the cost of the Improvements. Traditional methods of financing such as the issuance of general obligation bonds are unavailable as a practical matter because of the extraordinary majority voter approval requirements of two-thirds of the electorate. Assessment financing or special tax financing could overburden benefitting properties with assessments or special taxes and, in addition, special taxes require a two-thirds vote and assessments are subject to a majority protest. Po402\0001\680597.2 DRAFT 1/11/02 12:02 RESOLUTION NO. 431 Section 3. The City Council hereby finds and determines that based upon the foregoing and other information presented to the City Council: (i) the improvements are of benefit to the Project Area and the immediate neighborhood in which the project is located; (ii) the payment of funds for the acquisition of land and the cost of the improvements will assist in the elimination of one or more blighting conditions inside the Project Area; (iii) the payment of funds for the acquisition of land and the cost of the improvements is consistent with the Agency's implementation plan adopted pursuant to Health and Safety Code Section 33490; and (iv) no other reasonable means of financing the improvements is available to the City. Section 4. The Agency hereby approves payment by the Agency for all or a part of the value of the land for and the cost of the installation and construction of the foregoing improvements. Section 5. The City Council and Agency Board have previousfy adopted resolutions approving payment by the Agency for all or part of value of the land for and the cost of construction of the following improvements: (i) the widening of Fred Waring Drive; (ii) President's Plaza parking facilities; and (iii) Civic Center park and recreational facilities. Section 6. The Executive Director is hereby directed to effect the conveyance to the City of all of right, title and interest of the Agency in all of the land and improvements described in this Resolution. PASSED, APPROVED and ADOPTED this 24th day of January, 2002. AYES: BENSON, CRITES, FERGUSON, SPIEGEL, KELLY NOES: NONE ABSENT: NONE ABSTAIN: NONE RI HAR S. ELLY, CHAI MAN Attest: � � � _.! ��j�►7� �Z�� ., � . � . ,� P6402\0001\680597.2 -2- DRAFT 1/11/U2 12:02 Paim Desert Redevelopment Agency Resolution No. 431 i � i I Original , Transfer APN ; Owner per MetroScan j Property Address � Date Fred Waring Widening Project � , 622-200-002 j Pd Redev Agency � 73974 Fred Waring Dr I8127/99 622-200-003 622-200-004 622-200-005 622-200-006 622-200-020 622-200-061 624-201-012 624-221-001 624-221-002 Palm Desert Redevelopment� Agency �74240 Fred Warin Dr Palm Desert Redevelopment Agency I.74266 Fred Waring Dr � Monterey Avenue Wideni 627-032-001 627-032-022 627-061-039 Parking Lots IPalm Desert Redevelopment� I 627-212-016 ,Agency �Presidents Plaza Parking Lot j7/1/79 Palm Desert Redevelopmentl I 627-221-011 �Agency ;Presidents Plaza Parking Lot 6/1/79 i City of Palm Desert � 627-222-042 Redevelopment Agency !Presidents Plaza Parking Lot I6/1/77 Palm Desert Redevelopment�Existing Visitors Center Prkg lot ! 640-140-018 `Agency � 111/Montry ;9/1/83 Public Parks Redevelopment Agency City ; � 640-180-008 'of Palm Desert iCahuilla Hills Park �1/1/90 �ul-de-sac project Palm Desert Redevelopment Agency Palm Desert Redevelopment Agency Palm Desert Redevelopment Avenue Avenue Avenue 6/30/99 � 6/30/99 � 8/27/99 � 11 /� 12/99 � 11/12/99 �- i � 6/30/99 ' 10/1/80 i � 9/1 /80 I � 5/1 /82 ' 73934 Fred W aring Dr Pd Redev Pd Redev Agency Pd Redev Agency Palm Desert Redev Palm Desert Redev Agency '.73770 Fred Waring Dr Pd Redev Agency 173984 Fred Waring Dr Palm Desert Redevelopment� Agency i74240 Fred Waring Dr i 173964 Fred Waring Dr �73954 Fred Waring Dr ' 73944 Fred W aring Dr �-- � 8i27/99 �- I 8/27/99 I i 8127/99 Page 1 of 1 Exhlblt A October 10, 2001