HomeMy WebLinkAbout09-09 RDA Resolution1
RESOLUTION NO. RDA 09 -09
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA REDEVELOPMENT AGENCY OF THE CITY OF
TEMECULA APPROVING A "LOAN AGREEMENT" BETWEEN
THE TEMECULA REDEVELOPMENT AGENCY AND TEMECULA
VALLEY AUTOMOBILE DEALERS ASSOCIATION, INC.
THE BOARD OF DIRECTORS OF THE TEMECULA REDEVELOPMENT
AGENCY OF THE CITY OF TEMECULA DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. The Board of Directors of the Redevelopment Agency of the City of
Temecula hereby finds, determines, and declares that:
A. The Redevelopment Agency of the City of Temecula "Agency is
a community redevelopment agency duly organized and existing under the
Community Redevelopment Law "CRL Health and Safety Code Sections
33000 et seq. and has been authorized to transact business and exercise the
powers of a redevelopment agency pursuant to action of the City Council of the
City of Temecula.
B. On June 12, 1988, the Board of Supervisors of the County of
Riverside adopted Ordinance No. 658 adopting and approving the
"Redevelopment Plan for Riverside County Redevelopment Project No. 1988 -1"
(hereafter the "Plan in accordance with the provisions of the CRL. On
December 1, 1989, the City of Temecula was incorporated. The boundaries of
the Project Area described in the Plan are entirely within the boundaries of the
City of Temecula. On April 9, 1991, the City Council of the City of Temecula
adopted Ordinances Nos. 91 -08, 91 -11, 91 -14, and 91 -15 establishing the
Redevelopment Agency of the City of Temecula and transferring jurisdiction over
the Plan from the County to the City. Pursuant to Ordinance Nos. 91 -11 and 91-
15, the City of Temecula and the Redevelopment Agency of the City of Temecula
assumed jurisdiction over the Plan as of July 1, 1991.
C. The Temecula Valley Automobile Dealers Association, Inc.
"Association wishes to remove an existing electronic sign located on the land
bearing the county assessor's parcel number 921 720 -006 (the "Existing Sign
and acquire, construct and install a new auto mall electronic message and
advertisement board (the "Sign on certain premises located at 42069 DLR Dr.
Temecula CA 92591, with APN No. 921 730 -059 in the City of Temecula,
California (the "Premises Association has the right to construct and maintain
the Sign on the Premises pursuant to that certain Agreement Regarding Grant of
Electronic Billboard Easement between Debtor and MEG Investments, a
California General Partnership dated substantially concurrently herewith.
D. The Premises is within the Project Area of the Redevelopment Plan
for Redevelopment Project Area No. 1988 -1 (the "Project Area
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E. Installation of the Sign is in the best and vital interests of Agency
and the City, and the health, safety and welfare of the residents and taxpayers in
the City. Installation of the Sign is in accord with the public purposes and
provisions of applicable state and local laws and the purposes and requirements
of the Redevelopment Plan for the Project Area. Installation of the Sign will
benefit the Project Area and assist in the elimination of blight in the Project Area
in that the Sign will: (1) promote the preservation and enhancement of the
commercial areas within the Project Area in accordance with the goals and
objectives of the Redevelopment Plan; (2) promote the expansion of the Project
Area's commercial base and local employment opportunities in accordance with
the goals and objectives of the Redevelopment Plan; (3) assist in the continued
development of the Project Area surrounding the Sign; (4) upgrade the physical
appearance of the Project Area; (5) encourages investment in the Project Area
by the private sector; and (6) contribute to enhanced short term and long term
employment opportunities in the Project Area, including, without limitation, the
providing of jobs to the unemployed and underemployed workers.
F. The purpose of the proposed Loan Agreement is to effectuate the
Redevelopment Plan for Redevelopment Project Area No. 1988 -1 (the "Project
Area in the City of Temecula, California.
G. The Loan Agreement is consistent with the Redevelopment Plan
and the Implementation Plan adopted by the Agency for the Project Area
adopted by the Agency.
H. The redevelopment of the land as provided in the Loan Agreement
is consistent with the City's General Plan.
The Agency Board has duly considered all terms and conditions of
the proposed Loan Agreement and believes that the Loan Agreement is in the
best interests of the Agency and City and the health, safety, and welfare of its
residents, and in accord with the public purposes and provisions of applicable
State and local law requirements.
J. The Loan Agreement pertains to and affects the ability of all parties
to finance and carry out their statutory purposes and to accomplish the goals of
the Plan and is intended to be a contract within the meaning of Government
Code Section 53511.
Section 2. California Environmental Quality Act findings. The Agency Board
finds, determines and declares that:
A. On August 26, 2009 the Planning Department of the City prepared
an Initial Study of Environmental Impact in accordance with the California
Environmental Quality Act "CEQA and the State CEQA Guidelines for the
following described project: "A Redevelopment Agency Loan Agreement for
$875,000 between the City of Temecula Redevelopment Agency and the
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Temecula Auto Dealers Association that will result in the issuance of a building
permit to construct a 76 -foot tall, doubled faced LED freeway sign display, on the
southwest corner of a vacant 4.23 acre parcel, generally located east of
Interstate -15 and west of Ynez Road at 42069 DLR Drive (APN: 921 730 059)"
("Project.")
B. The Project is consistent with the applicable General Plan
designations and all applicable General Plan policies as well as with applicable
zoning designations and regulations.
C. The Project occurs within the City limits of the City of Temecula on
a Site of no more than five (5) acres substantially surrounded by urban uses.
D. The Site has no value as habitat for endangered, rare or threatened
species.
E. Approval of the Project would not result in any significant effects
relating to traffic, noise, air quality, or water quality.
F. The Site can be adequately served by all required utilties and public
services.
G. Therefore, based on the findings set forth above as supported by
the facts and analysis of the Initial Study, the Project is exempt from further
environmental review pursuant to the provisions of 14 Cal. Code of Regs. 15332,
In -Fill Development Projects.
H. The Director of Planning and Redevelopment is authorized and
directed to file a Notice of Exemption pursuant to the applicable provisions of
CEQA and the CEQA Guidelines.
Section 3. The Board of Directors of the Redevelopment Agency of the City of
Temecula hereby approves that certain agreement entitled "Loan Agreement" by and
between the Agency and the Temecula Valley Automobile Dealers Association, Inc. with
such changes in such document as may be mutually agreed upon by the Association
and the Agency Executive Director as is in substantial conformance with the form of
such Loan Agreement on file in the Office of the Agency Secretary. The Chairperson of
the Agency is hereby authorized to execute the Loan Agreement on behalf of the
Agency in said form. A copy of the final Loan Agreement when executed by the Agency
Chairperson shall be placed on file in the Office of the Secretary of the Agency.
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Section 4. The Executive Director of the Agency (or his designee), is hereby
authorized, on behalf of the Agency, to take all actions necessary and appropriate to
carry out and implement the Loan Agreement and to administer the Agency's
obligations, responsibilities and duties to be performed under the Loan Agreement and
related documents, including, but not limited to, the approval and execution on behalf of
the Agency of the Promissory Note, acceptances, escrow instructions, certificates of
completion and such other implementing agreements and documents as contemplated
or described in the Loan Agreement.
Section 5. The Secretary of the Agency shall certify the adoption of this
Resolution.
PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Temecula
Redevelopment Agency of the City of Temecula this 13 day of October, 2009.
ATTEST:
Susan W.
City Clerk/
ones, MMC
oard Secretary
[S AL]
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o Roberts, Chairperson
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STATE OF CALIFORNIA
COUNTY OF RIVERSIDE
CITY OF TEMECULA
ss
I, Susan W. Jones, MMC, City Clerk/Board Secretary of the Temecula
Redevelopment Agency of the City of Temecula, do hereby certify that the foregoing
Resolution No. RDA 09 -02 was duly and regularly adopted by the Board of Directors of the
Temecula Redevelopment Agency of the City of Temecula at a meeting thereof held on
the 13 day of October, 2009, by the following vote:
AYES: 5 BOARD MEMBERS: Comerchero, Edwards, Naggar,
Washington, Roberts
NOES: 0 BOARD MEMBERS: None
ABSENT: 0 BOARD MEMBERS: None
ABSTAIN: 0 BOARD MEMBERS: None
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Susan W.
City Cler
nes, MMC
rd Secreta