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HomeMy WebLinkAboutAGENDA 11 MAR 2010 POSTED AGENDA REGULAR PALM DESERT REDEVELOPMENT AGENCY MEETING THURSDAY, MARCH 11, 2010 CIVIC CENTER COUNCIL CHAMBER I. CALL TO ORDER - 3:00 P.M. II. ROLL CALL III. ADJOURN TO CLOSED SESSION Request for Closed Session: Conference with Real Property Negotiator pursuant to Government Code Section 54956.8: 1) Property: APN 628-130-008 Negotiating Parties: Agency: John M. Wohlmuth/Lauri Aylaian/City of Palm Desert/Palm Desert Redevelopment Agency Property Owner: David Nelson Under Negotiation: x Price x Terms of Payment 2) Property: APN 628-130-015 Negotiating Parties: Agency: John M. Wohlmuth/Lauri Aylaian/City of Palm Desert/Palm Desert Redevelopment Agency Property Owner: Barracuda, LLC Under Negotiation: x Price x Terms of Payment IV. RECONVENE REGULAR MEETING - 4:00 P.M. A. REPORT ON ACTION FROM CLOSED SESSION. Action: V. AWARDS, PRESENTATIONS, AND APPOINTMENTS POSTED AGENDA PALM DESERT REDEVELOPMENT AGENCY MEETING MARCH 11, 2010 None VI. CONSENT CALENDAR ALL MATTERS LISTED ON THE CONSENT CALENDAR ARE CONSIDERED TO BE ROUTINE AND WILL BE ENACTED BY ONE ROLL CALL VOTE. THERE WILL BE NO SEPARATE DISCUSSION OF THESE ITEMS UNLESS MEMBERS OF THE REDEVELOPMENT AGENCY OR AUDIENCE REQUEST SPECIFIC ITEMS BE REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE DISCUSSION AND ACTION UNDER SECTION VII, CONSENT ITEMS HELD OVER, OF THE AGENDA. A. MINUTES of the Regular Redevelopment Agency Meeting of February 25, 2010. Rec: Approve as presented. B. CLAIMS AND DEMANDS AGAINST THE AGENCY TREASURY - Warrant Nos. 180RDA, 182RDA, 180-Housing, 183-Housing, and 179HA. Rec: Approve as presented. C. COMPLIANCE ANALYSIS AND INVESTMENT REPORTS for the Months of December 2009 and January 2010 (Joint Consideration with the Palm Desert City Council). Rec: Receive and file. D. CITIZEN'S ADVISORY COMMITTEE FOR PROJECT AREA #4 Minutes for the Meeting of January 11, 2010. Rec: Receive and file. E. REQUEST FOR AUTHORIZATION to Cease Negotiations with KTGY Group, Inc., for Architectural Services for the Carlos Ortega Villas (Contract No. R29410) (Joint Consideration with the Palm Desert Housing Authority). POSTED AGENDA PALM DESERT REDEVELOPMENT AGENCY MEETING MARCH 11, 2010 Rec: By Minute Motion, authorize staff to cease negotiations with KTGY Group, Inc., Irvine, California, for architectural services for the Carlos Ortega Villas. VII. CONSENT ITEMS HELD OVER VIII. RESOLUTIONS None IX. NEW BUSINESS A. REQUEST FOR AUTHORIZATION TO REIMBURSE THE HOUSING SET-ASIDE FUND IN THE AMOUNT OF $122,376 FROM HOUSING MITIGATION FUND FO RTHE VALUE OF VACANT LOTS ASSOCIATED WITH THE 14 SELF-HELP UNITS LOCATED ON MERLE STREET (JOINT CONSIDERATION WITH THE PALM DESERT CITY COUNCIL). Rec: By Minute Motion, authorize staff to reimburse Housing Set-aside in the amount of $122,376 from Housing Mitigation Funds - available in Housing Mitigation Account No. 214-4490-46-3901. Action: B. REQUEST FOR AWARD OF CONTRACTS FOR BANKING AND CUSTODY SERVICES TO UNION BANK FOR A TERM OF FIVE (5) YEARS, WITH AN OPTION TO RENEW FOR AN ADDITIONAL TWO (2) YEARS (CONTRACT NOS. C29640A and C29640B) (JOINT CONSIDERATION WITH THE PALM DESERT CITY COUNCIL, PALM DESERT FINANCING AUTHORITY, AND PALM DESERT HOUSING AUTHORITY). Rec: By Minute Motion: 1) Award Banking and Custody Services Contracts to Union Bank for a term of five (5) years, with an option to renew for an additional two (2) years; 2) authorize the City Treasurer to execute said banking and custody services contracts on behalf of the City. Action: C. REQUEST FOR APPROVAL OF RESOLUTIONS AND RELATED ACTIONS, APPROVING THE GUIDELINES AND PROCEDURES FOR THE NEIGHBORHOOD STABILIZATION PROGRAM (JOINT CONSIDERATION WITH THE PALM DESERT CITY COUNCIL). Rec: 1) Waive further reading and adopt City Council Resolution No. 2010- 12 and Redevelopment Agency Resolution No. 570, POSTED AGENDA PALM DESERT REDEVELOPMENT AGENCY MEETING MARCH 11, 2010 approving the Guidelines and Procedures for the Neighborhood Stabilization Program (the "NSP" Program), substantially as to form. By Minute Motion: 2) Receive and file the Standard Agreement from State of California Housing and Community Development (HCD) for Joint NSP Funding with the County of Riverside. 3) Approve the draft program documents related to the acquisition of foreclosed homes in the designated target areas of Palm Desert, as required by the NSP Program. 4) Approve the draft loan documents related to the City Silent Second Loans for down payment assistance and rehabilitation substantially as to form. 5) Accept the County of Riverside's identified list of authorized NSP Lenders and Education Sources. 6) Authorize use of a third party to facilitate the Rehabilitation Component of the NSP Program, as necessary. 7) Authorize the City Manager and/or Executive Director to execute any documents necessary to establish and/or implement the NSP Program. 8) Establish a budget for estimated revenue to State Grant-HCD NSP Revenue Account No. 214-0000-334-7203 in the amount of $326,784 and appropriate $326,784 to the related expense for the Neighborhood Stabilization Program. Action: X. CONTINUED BUSINESS XI. OLD BUSINESS XII. PUBLIC HEARINGS XIII. REPORTS AND REMARKS A. EXECUTIVE DIRECTOR POSTED AGENDA PALM DESERT REDEVELOPMENT AGENCY MEETING MARCH 11, 2010 B. AGENCY COUNSEL C. CHAIRMAN AND MEMBERS OF THE AGENCY XIV. ADJOURNMENT