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HomeMy WebLinkAbout20098 - RESOLUTIONS - 7/5/2001 RESOLUTION NO. 20098 ' OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE ACQUISITION OF A FOUR PLEX LOCATED AT 4410-4416 EAST CALLE DE RICARDO, FOR $185,000 AND AUTHORIZE THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS TO COMPLETE THE ACQUISITION. WHEREAS the Palm Springs International Airport via its Master Plan and Noise Studies has identified several properties north and south of the airfield that are residential and within the Airport's Runway Protection Zone for acquisition; and WHEREAS the City Council has previously in Closed Session authorized negotiation to acquire said properties; and WHEREAS the Airport has reached agreement to acquire certain of the properties, NOW THEREFORE BE IT RESOLVED as follows; 1. That the following acquisition is hereby authorized: Parcel #: 680-072-006 ' Address: 4410-4416 East Calle De Ricardo Owner: Hector Rodriguez Consideration: $185,000 plus closing costs (City does not object to 1031 exchange.) 2. That the City Manager is hereby authorized to execute all documents necessary to complete the acquisition. ADOPTED this 5th day of July 2001. AYES: Members Hodges, Jones, and Mayor Rleindienst NOES: None ABSENT:Members Reller-Spurgin and Oden AT T 4 CITY OF PALM SPRINGS CALIFORNIA City Clerk City Manager REVIEWED&APPROVED: 1