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HomeMy WebLinkAbout18805 - RESOLUTIONS - 4/3/1996 RESOLUTION NO. 18805 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING FIRST AMENDMENT TO PURCHASE AND SALE AND ASSIGNMENT OF LEASE AGREEMENT RELATIVE TO 39.73 ACRES OF LAND SOLD BY THE CITY OF PALM SPRINGS TO THE COMMUNITY REDEVELOPMENT ' AGENCY. WHEREAS, on November 15, 1995, City Council of the City of Palm Springs adopted Resolution No. 18744 and Community Redevelopment Agency adopted Resolution No. 990, approving the document entitled "Purchase and Sale and Assignment of Lease Agreement" (Agreement) between the City of Palm Springs and the Community Redevelopment Agency of the City of Palm Springs, agreeing to sell a 39.73 acre site, with 38.05 acres of land generally known as the Sunrise Village Mobile Home Park, to the Community Redevelopment Agency of the City of Palm Springs; and WHEREAS, the sales price agreed to between the City and the Community Redevelopment Agency was based on land containing 39.73 acres; and WHEREAS, the legal description used in the said Agreement, the Deed to the Community Redevelopment Agency and other documents needed to finalize the Agreement, describes only Lot 1 of Tract No. 17642- 1, which contains only 38.05 acres; and WHEREAS, the description needs to be amended to describe all of Lot 1 containing 38.05 acres, plus a portion of Lot C containing 1.68 acres of Tract Map 17642-1; and WHEREAS, that portion of Lot C, containing 1.68 acres, which is not a part of the land being leased for the Sunrise Village Mobile Home Park needs to be deeded by the City of Palm Springs to the ' Community Redevelopment Agency of the City of Palm Springs to vest the entire 39.73 acres in said Agency; and WHEREAS, the First Amendment to the 'Purchase and Sale and Assignment of Lease Agreement' corrects the legal description of the land purchased/sold by describing all of Lot 1 containing 38.05 acres and a portion of Lot C containing 1.68 acres of Tract No. 17642-1. NOW THEREFORE BE IT RESOLVED THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, as follows: Section 1. That the City Council approves the First Amendment to Purchase and Sale and Assignment of Lease Agreement relative to 39.73 acres of land to correct the legal description of the property purchased/sold under the Agreement. Section 2. That the City Council authorizes City staff to prepare a Grant Deed from the City of Palm Springs to the Community Redevelopment Agency for a portion of Lot C of Tract No. 17642-1, being 1.68 acres of laud, and the Mayor and City Clerk are authorized to sign said Grant Deed on behalf of the City of Palm Springs, and the City Clerk is authorized to arrange for the Grant Deed to be recorded in the County Recorder's Office on behalf of the City of Palm Springs. ADOPTED this 3rd day of April , 1996 ' AYES: Members Barnes, Hodges, Oden, Spurgin and Mayor Kleindienst NOES: None ABSENT: None ATTEST: CITY F M SP S CA IFORNIA By i City Clerk Cl ana r J REVIEWED & APPROVED: R-96-001