HomeMy WebLinkAboutRDA RES 480RESOLUTION NO. 480
A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY
APPROVING PAYMENT BY THE PALM DESERT REDEVELOPMENT
`— AGENCY FOR ALL OR A PART OF THE COST OF THE INSTALLATION AND
CONSTRUCTION OF CERTAIN STORM DRAINAGE IMPROVEMENTS
BENEFITING PROJECT AREA NO. 4 OF THE AGENCY
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 se�c .), and in particular Section
33445 thereof, the Palm Desert Redevelopment Agency proposes to pay for all or a part
of the cost of the installation and construction of certain storm drainage improvements
benefiting Project Area No. 4 of the Agency. The subject storm drainage improvements
will be owned by the City of Palm Desert. Attached hereto as Exhibit A is a diagram
showing the general location of such storm drainage improvements.
The City Council of the City of Palm Desert 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 community which 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
storm drainage improvements which cannot be remedied by private or governmental
action without redevelopment.
The subject storm drainage improvements will improve storm drainage in the Project
Area and help to alleviate the hazards of flooding, all for the benefit of the health, safety
a�d welfare of the residents and taxpayers of the Project Area. Such storm drainage
improvements will serve a basic purpose of redevelopment; redevelopment includes the
provision of structures and spaces as may be appropriate or necessary in the interest of
the general welfare. In addition, a fundamental purpose of redevelopment is to expand
employment opportunities and to provide an environment for the social, econc�mic and
psychological growth and well-being of all citizens.
The subject storm drainage improvements will provide a new, modern
and efficient storm drainage system to serve the residents and taxpayers of the Project
Area. Such storm drainage improvements will assist in the elimination of conditions of
blight within the Project Area which are caused by inadequate public improvements.
This in turn will assist in eliminating a factor which prevents or substantially hinders the
economically viabfe 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.
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RESOLUTION NO. 480
Section 2. The budget constraints of the City of Palm Desert prevent the
City from financing the subject storm drainage improvements by any means. No
moneys of the City are available to pay for the cost of such 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
ove�bu�den benefiting prope�ties with assessments or special taxes and, in addition,
special taxes require a two-thirds vote and assessments are subject to a majority
protest.
Section 3. The Agency Board hereby finds and determines that based
upon the foregoing and other information presented to the Agency Board: (i) the subject
storm drainage 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 cost of
such improvements will assist in the elimi�ation of one o� more blighting co�ditions
inside the Project Area; (iii) the payment of funds for the acquisition of land and the cost
of such facilities 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 Board hereby approves payment by the Agency
for the cost of the construction of the foregoing described improvements, in an amount
not to exceed $9,000,000.
PASSED, APPROVED and ADOPTED this 9th day of October, 2003, by
the following vote to wit:
AYES: c[tITES, FERGIISON, RELLY, SPIEGEL, BENSON
NOES: NorrE
ABSENTS: Nox�
ABSTAINS: NONE
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Benson, Chairperson
Attest:
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Sub Area B
Sub Area L
Sub Area S
Resolution No. 480
EXHIBIT A
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���,;;�� Palm Desert Redevelopment Agency
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"��`� ��� Project Area No. 4
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