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HomeMy WebLinkAboutDSRT Surf Staff Report 11142019STAFF REPORT CITY OF PALM DESERT COMMUNITY DEVELOPMENT & ECONOMIC DEVELOPMENT DEPARTMENTS DATE: November 14, 2019 PREPARED BY: Eric Ceja, Principal Planner Wayne Olson, Senior Management Analyst REQUEST: Consideration of approval of a Specific Plan, Precise Plan, Tentative Tract Map 37639, and Disposition and Development Agreement, including approval as to form of associated Transient Occupancy Agreement and Acquisition Agreement for DSRT SURF, a resort development inclusive of a surf lagoon and surf center facility (restaurant, bar, retail, and support facilities), up to 350 hotel rooms, and 88 residential villas on a vacant 17.69-acre site; certification of the Environmental Impact Report for the DSRT SURF project located on the west side of Desert Willow Drive; and consideration of corresponding AB 562 Economic Development Subsidy Report which describes $36.6 million in subsidies for the Project. Recommendation That the City Council: Waive further reading and adopt City Council Resolution No. 2019-83 , approving Case Nos. SP 18-0002, PP 18-0009, EA 18-0002, and TTM 37639, for the DSRT SURF project, subject to the conditions of approval. 2. Waive further reading and adopt City Council Resolution No. 2019- 83 , certifying the Environmental Impact Report (EIR) and adopting a Statement of Overriding Considerations for the DSRT SURF project. By Minute Motion: Approve a Disposition and Development Agreement (DDA) between the City, and Desert Wave Ventures, LLC. 2. Approve a Transient Occupancy Tax (TOT) Agreement as -to -form with Desert Wave Ventures, LLC, in an amount not to exceed $16.1 million for the operation of a 164-room upper upscale or luxury hotel and 66 villas located on parcel B within the Desert Willow Golf Resort. 3. Approve an Acquisition Agreement as -to -form between the City and Desert Wave Ventures, LLC in the amount of $20 million for the acquisition of public improvements.