[{"_1":2,"_98":-5,"_99":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6672699,"mediaKeyId","2117211-10ddbd4b0fcf2fc4743216f69bfd460c","parentId",2117211,"title","Indio council asks staff to study corporate home purchases and short‑term rentals","audioSeconds",341,"startMs",2355000,"endMs",2696000,"viewUrl","/Search/View?dp=1&key=2117211-10ddbd4b0fcf2fc4743216f69bfd460c&start=2355&end=2696","thumbnailUrl","https://assets.pipeline.soar.com/2117211-10ddbd4b0fcf2fc4743216f69bfd460c/thumbnail_2355000.jpg","articleUrl","/articles/6672699/Indio-City/Riverside-County/California/Indio-council-asks-staff-to-study-corporate-home-purchases-and-shortterm-rentals","mediaUrl","https://secure.pipeline.soar.com/6672699-2461b4812a4d159fc0ab9c13efb0d3d6/orig.mp4?Expires=1776266565&Signature=mkKhjKS4qV2SEsvyqdQeld7fr4Nuk0Iflv3ieHKIGUpQ7X5KU1Uz3cdaAC~2YILG4Lv-aSwY9EKx3V0UBerg~rDDOfM85WjZJEzjAiUn2gZ0Zo52gr-3qq1pAT-Zf16wOxcMoVy4hOaDnEzi5IrrOk3584Dp4LYEi0OlWJSlmgMbRg4Cs1cPThheXBezomMoYSr0eff6-0nC-dX10Pcuu24jEfyY9Sx-tFJkudNYjmkViZo80RvFoFo2wmbr2w4kM-5UmKbllzQLJ-UrPWPk2jfjQKuGEW-ND7xIeqg12bgJZiILjI-du8G9RWGxKZwchoNSvH7BONM373upFYrbDg__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Indio, CA","date","2025-01-16T03:17:46.897Z","article","Councilmember Oscar Ortiz asked the Indio City Council on Jan. 15 to consider policies to limit large corporations from buying single‑family homes in Indio, saying residents reported frequent cash offers that disadvantaged local families.

Ortiz said he has heard from residents and real estate agents who say multiple single‑family homes are being purchased by institutional buyers. \"I think we could have a strong community support for making sure our single family homes are going to families and giving them the opportunity [for] home ownership and building generational wealth,\" Ortiz said.

City Manager Montgomery told the council staff had requested and received county parcel and ownership data that can be queried to estimate how many properties are held by corporate investors. He proposed an initial email report on the scale of the issue and a subsequent council meeting—staff suggested the second week of February—to present options, potentially including draft ordinance language or policy tools for council consideration.

Council discussion linked the housing concern to short‑term rentals (STRs) and upcoming festival demand. Several members urged staff to include STR counts, permit status and pending applications in the report. Councilmember Petrone and others said the city benefits economically from visitors but also needs to balance housing supply so residents can afford homes.

No formal policy was enacted. Council directed staff to return with:
- An initial data summary (by email) showing parcel ownership patterns from county records; and
- A follow‑up report and options (target: second week of February) including STR inventory and potential regulatory measures for council consideration.

","mediaType","Video","parentTitle","City Council / Indio Water Authority - 15 Jan 2025","oneSentenceSummary","Councilmember Oscar Ortiz asked the council to bring back options to limit large corporations from buying single‑family homes; staff said it has obtained county ownership data and will return with options and short‑term rental data in February for broader discussion.","taxTitle","Indio City, Riverside County, California","taxId",3813,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6672704,"Council approves appointments, mural finalist and routine consent items",365,7055000,7420000,"/Search/View?dp=1&key=2117211-10ddbd4b0fcf2fc4743216f69bfd460c&start=7055&end=7420","https://assets.pipeline.soar.com/2117211-10ddbd4b0fcf2fc4743216f69bfd460c/thumbnail_7055000.jpg","/articles/6672704/Indio-City/Riverside-County/California/Council-approves-appointments-mural-finalist-and-routine-consent-items","https://secure.pipeline.soar.com/6672704-7d00c7efda05175fdaba2408f7e8d989/orig.mp4?Expires=1776266565&Signature=kFVgFt6sOxbVoJjwUo3ZEw0ePcMo52rr2OJChMCvahUUtC-7hep2wmoqLhrh~9qUMnfMzzqMpq7TL8bSk6badcxnwPc09GCU0ahWNN1l8RyAw-Qs4OtIycF~rzeVBt7K8Zw1BkjbCc2p4VyPB7fp0Q~TLOH-7wnJw9j54MyVMqBtqy70f696X0n4r3gm2iWVdT-EtkkqXFz4U1fjdxuZ547RQ~fMV4fSrjFII6pnG8LoFeIcKSjdbGCIa6ejuaDAez6P06r4BqyrEHtYxEjMFWmnL7V7yJ0VnmIk7rH34QZogKUGkhZfeOtreW5opRnv4~8xFjTCvUW2SchSXSscSQ__&Key-Pair-Id=KUT5TJCACFTXG","The Indio City Council on Jan. 15 approved multiple appointments to city boards and commissions, accepted a mural selection recommendation from the Public Arts Commission and adopted routine consent items.

Appointments: The council approved reappointments and new nominations across several commissions—appointments included Jose Santos (appointment noted in council packet), Ricardo Veraseno (Community Services), Gil Marujo (Public Arts Commission), Sandra Verdugo (Sustainability Commission) and others listed during the meeting. The city sworn‑in commissioners who were present at the dais and welcomed additional nominees who will be sworn in at their first meeting.

Mural selection: The council selected the second finalist presented by staff, a proposal by Adam Enrique Rodriguez, for Indio Mural No. 16 at Avenue 45 and Jackson Street. The council voted to authorize the city manager and city attorney to negotiate an agreement with a mural budget not to exceed $50,000 and a lighting budget not to exceed $10,000. The motion passed unanimously.

Consent calendar: The council approved consent calendar items 10 through 19, taking all items except Item 10/13 in a single vote. Item 10/13 proceeded after Councilmember Gutron recused himself because the project was located near his residence; that item passed with a 3‑0 vote.

The council voted unanimously on the motion to approve the consent calendar and the appointments and commissioners' nominations that were listed on the agenda.

Votes at a glance:
- Appointments and reappointments to multiple boards and commissions: approved (vote: Yes 4, No 0, Abstain 0; specific items recorded in meeting minutes).
- Indio Mural No.16 finalist (Adam Enrique Rodriguez): authorized (motion approved 4-0); budget not to exceed $50,000 for mural and $10,000 for lighting.
- Consent calendar (items 10–19, except 10/13): approved 4-0. Item 10/13 passed following a recusal 3-0.

Councilmembers said they intended to maintain a schedule of commissioner swearing‑in at the first meeting the commissioners attend.

","The Indio City Council approved a slate of appointments to boards and commissions, selected a finalist for Mural No. 16 and passed the consent calendar. Most votes passed unanimously; one consent item proceeded after a member recused.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":91,"_47":92,"_49":93,"_51":94,"_53":95,"_55":56,"_57":58,"_59":96,"_61":62,"_63":64,"_65":97,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6672709,"Indio Electric Finance Authority raises customer surcharge to meet bond covenant",0,7022000,"/Search/View?dp=1&key=2117211-10ddbd4b0fcf2fc4743216f69bfd460c&start=7022&end=7022","https://assets.pipeline.soar.com/2117211-10ddbd4b0fcf2fc4743216f69bfd460c/thumbnail_7022000.jpg","/articles/6672709/Indio-City/Riverside-County/California/Indio-Electric-Finance-Authority-raises-customer-surcharge-to-meet-bond-covenant","https://secure.pipeline.soar.com/6672709-247f97464ed4f4575f9c0bb9510d55d8/orig.mp4?Expires=1776266565&Signature=c7jxpGmGMOcucEivSlUwIXrgvnH7f35TtuwUPQIgpjz2dY-JcJOnB25QCUZRVuay2iFhHMZTsf7Bspv3urq~mb3HLgukiUh1lxiNbsnV7aazDj0owELuixPUiDgi5Kk9IFQEYs6tKfbnO26LW0SEghG~qVE7igLrgIJSXjwc~xQ3fxJBNcXaIvbdzrakB8-bfglk7B3q2QHLxxGkl4T7UPhBiI4vHHSSGxR5QJeHdwurEI5PgQ2xVTb0D7YR8K0GC1UOhAy4~EddCw8lIw-fjP~EJb7RblVnhPTf81mlMgKPUiyEbCb0uDB6kTR~WljIFOwTgZG7GvKLnG9Avtop0Q__&Key-Pair-Id=KUT5TJCACFTXG","The Indio Electric Finance Authority on Jan. 15 approved an increase to the electric-service surcharge after finding earlier account estimates overstated the number of customer meters inside city boundaries.

City staff and outside counsel told the council that initial meter and kilowatt-hour estimates used when the authority issued about $59 million in bonds were later found to include accounts outside the city. Because those accounts did not receive the surcharge, revenue collections were lower than anticipated and might not meet the rate covenant the bond documents require.

City Manager Montgomery said the city received meter ownership data from the county and that staff and IID (Imperial Irrigation District) cooperated to verify the boundary accounting. \"We weren't really levying the surcharge on it,\" attorney Brian Forbath said, summarizing staff's review. Forbath said the change corrects an overinclusion in IID's original account list and restores the revenue base used to underwrite the bonds.

The staff recommendation described a revised per‑kilowatt‑hour surcharge to restore the coverage level for debt service. After discussion, a council member moved to adopt Resolution 2025-1 to modify the surcharge and the board voted to approve the change.

The board also asked staff to coordinate with IID on outreach and to include information on IID's low-income ratepayer assistance programs when the new rate is publicized.

The mayor and council emphasized outreach. Councilmember Oscar Ortiz asked which geographic areas had been included in the original dataset; staff said the Indio ZIP codes (92001 and 92203) had led to overinclusive account lists that included meters in adjacent, non‑city areas such as parts of Bermuda Dunes and unincorporated land toward La Quinta.

The new surcharge was read into the motion on the dais as \"0.00095¢ per kilowatt hour\" and the council adopted Resolution 2025-1 by a unanimous vote of those seated. Staff said the resolution would take effect 120 days after adoption and start appearing on bills in mid‑May.

The authority directed staff to continue coordinating customer outreach and to remind customers about available low‑income assistance through IID.

Votes: The board voted to adopt Resolution 2025-1, modifying the surcharge for electric service within the city. Tally: Yes 4, No 0, Abstain 0. The motion passed and the change will take effect 120 days after adoption.

","The Indio Electric Finance Authority approved an increase to the utility surcharge after staff and consultants reported that earlier account estimates left revenues short of the level needed to meet bond covenants. The council voted unanimously to adopt Resolution 2025-1.","actionData","errors"]

Article not found

Indio council asks staff to study corporate home purchases and short‑term rentals

Council approves appointments, mural finalist and routine consent items

Indio Electric Finance Authority raises customer surcharge to meet bond covenant