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HomeMy WebLinkAbout17126 - RESOLUTIONS - 5/16/1990 RESOLUTION NO. 17126 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A PRE-DEVELOPMENT AGREEMENT WITH CANYON DEVELOPMENT L.P. FOR THE ROLE OF MASTER DEVELOPER OF THE SOUTHERN SPHERE OF THE CITY OF PALM SPRINGS. WHEREAS the City Council has solicited proposals for the redevelopment of the City' s downtown and sphere area through a Master Developer; and WHEREAS Canyon Development L.P. has made a successful proposal outlining the process and team necessary for the revitalization of the City' s southern sphere. NOW THEREFORE IT IS RESOLVED by the City Council of the City of Palm Springs, California, to approve a Pre-Development Agreement with Canyon Development L.P. for the redevelopment of the southern sphere in the City of Palm Springs, as detailed in the agreement on file in the office of the City Clerk. Y ADOPTED this 16th day of _May 1990. AYES: Councilmembers Broich, Hodges, Murawski , Neel and Mayor Bono NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By City Manager �Lity Clerk J REVIEWED AND APPROVED: y�T