HomeMy WebLinkAbout17514 - RESOLUTIONS - 5/15/1991 RESOLUTION NO. 17514
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING A REVISION
" TO THE MEMORANDUM OF UNDERSTANDING WITH
THE CULTURAL CENTER OF PALM SPRINGS, DBA
PALM SPRINGS PERFORMING ARTS CENTER
(PSPAC).
* * * * * * * * * * * * * * *
WHEREAS on May 21, 1986, the City Council adopted Resolution No. 15880
authorizing a Memorandum of Understanding (MOU) with the Cultural Center of Palm
Springs for the future development of a Performing Arts Center on the 5.75 acre
"Prairie Schooner Trailer Park" land the City is holding for its development; and
WHEREAS the concept of a performing arts center has now expanded to a full
entertainment complex inclusive of a sports arena and international pavilions, as
well as other recreational and entertainment facilities, and
WHEREAS the May 21, 1986 MOU calls for a status report to be prepared by the
Cultural Center of Palm Springs each September; and
WHEREAS the City Council enthusiastically endorses the design concept presented
to it by the Palm Springs Performing Arts Center at its meeting of March 12,
1991.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs as
follows:
Section 1. That an alternate concept and location for the Performing Arts Center
and related facilities as proposed to the City Council on March 12,
1991, is acceptable.
Section 2. That, any party assuming option rights to the Prairie Schooner site,
will assume the responsibility for the site under the terms and
conditions provided for in the Memorandum of Understanding dated May
21, 1986, should the PSPAC choose to transfer its rights to another
site.
Section 3. That the Palm Springs Performing Arts Center continue the annual
► September reporting requirements to the City Council as specified in
said Memorandum of Understanding dated May 21, 1986.
Section 4. That the May 21, 1986 MOU is extended to July 31, 1992.
Section 5. That purchase price for the property is $3,047,067.90 as of May 1,
1991 and said price shall increase at the rate of $449.50 per day
thereafter.
ADOPTED THIS 15th day of May 1991.
AYES: Councilmembers Broich, Hodges, Murawski , Neel and Mayor Bono
NOES: None
ABSENT: None
ATTEST:_ /T CIT OF PALM S RI C ORNIA
By
City Clerk City anager
REVIEWED & APPROVED
76