HomeMy WebLinkAbout17269 - RESOLUTIONS - 9/19/1990 RESOLUTION 17269
OF THE CITY COUNCIL. OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING
AGREEMENT BETWEEN THE CITY OF PALM SPRINGS
AND LUTHER COMPANY LIMITED PARTNERSHIP
IN REGARDS TO PROPERTY LOCATED AT GENE AUTRY
TRAIL AND RAMON ROAD. (PA#4, Block #11)
WHEREAS the parties, Luther Company Limited Partnership ("Luther") and the
City of Palm Springs ("City") have previously entered ino an agreement. leading
to the development of an auto sales center as described in the agreement,
a copy of which is on file in the office of the City Clerk; and
WHEREAS after much time and study it is obvious to both parties that the
concept of an auto sales center between Luther and the City is not feasible;
and
WHEREAS it is of mutual interest to both parties to release the other from
the various agreements which had been entered into in order to market each
party's property for alternative uses; and
WHEREAS each party wishes to release the other so as not to cause substantial
monetary loss to the other.
NOW THEREFORE, the City Council of the City of Palm Springs, California,
does hereby resolve to approve the agreement on file with the City Clerk
between Luther and the City, establishing methods of jointly marketing
property in which each party has an interest.
ADOPTED THIS 19th DAY OF September Ig9,D.
AYES: Councilmembers Broich, I-lodges, Murawski , Neel and Mayor Bono
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: CITY OF PALM SPRINGS, CALIFORNIA
BY
~�. Cerk Acting City/Manager
REVIEWED AND APPROVED:
8A
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