HomeMy WebLinkAbout17500 - RESOLUTIONS - 5/1/1991 RESOLUTION NO. 17500
` OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS
RESCINDING RESOLUTION NO. 17495 CONCEaNING
APPROVAL OF CERTAIN TERMS OF AN EXCLUSIVE
AGREEMENT TO NEGOTIATE WITH CANYON DEVELOPMENT
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WHEREAS, on April 171 1991, at a regular meeting
thereof, the City Council of the City of Palm Springs (the
"Council" ) adapted Resolution No. 17495 titled "Resolution
No. 17495 of the City Council of the City of Palm Springs,
California, Approving Terms of an Exclusive Agreement to
Negotiate with Canyon Development" ; and
WHEREAS, Resolution No. 17495 approved in concept the
general terms of a proposed exclusive agreement to negotiate
with Canyon Development concerning a proposed project by
Canyon Development in the propocad canyon 12odaxyal[,pnani-
Project Area, including certain terms relating to ( i) a
rebate to Canyon Development of certain amounts from room
tax revenues from the proposed hotel to be located in the
proposed Project Area, and (ii ) payments by Canyon
Development to an advertising fund for the Visitors
Promotional Fund; and
WHEREAS, following adoption of Resolution No. 17495 , a
question arose concerning the manner in which consideration
of Resolution No. 17495 was placed on the agenda for the
meeting; and
WHEREAS, the Council has determined that it is in the
best interests of the City, in light of the procedural
question, to rescind Resolution No. 17495 and to readdress
the subject matter contained in Resolution No. 17495 by
subsequent action.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Palm Springs as follows:
That Resolution No, 17495 is hereby
rescinded.
ADOPTED this is day of May 1991 by the
following vote:
AYES: Councilmembers Broich, Hodges, Murawski , Neel and Mayor Bono
NOES: None
r
ABSENT: None
• ATTEST: CIT OF PALM SP NG
gy s j
City Clerk By. C t Manager
REVIEWED AND APPROVED: KIM
8/394/014084-0006/015
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