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HomeMy WebLinkAbout20461 - RESOLUTIONS - 9/18/2002 RESOLUTION NO. 20461 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, EXTENDING THE PERIOD FOR RETAINING PROPERTIES ACQUIRED BY COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS USING MONIES FROM LOW AND MODERATE INCOME HOUSING FUND WHEREAS, the Community Redevelopment Agency of the City of Palm Springs, California ("Agency") is constituted under the Community Redevelopment Law (California Health and Safety Code Section 33000 et. seq.) to carry out the purpose of redevelopment in the City of Palm Springs, California ("the City'); and WHEREAS, the Agency owns three properties described as Lots 65, 94 and 95 of Desert Highland Estates (APNs 669-396-005, 669-394-004 and 669-394-005) located in Merged Project Area No. 1, said parcels having been received by Grant Deed dated March 25, 1997 from the Coachella Valley Housing Coalition per Agency Resolution No. 1015 adopted on March 19, 1997 with transfer of title recorded on August 19, 1997, shown in Exhibit A; and WHEREAS, barring an extension from the City Council, California Redevelopment Law (CRL), Health and Safety Code Section 33334.16 prohibits the Agency from retaining such properties longer than five years without initiating specific activities for the development of the properties for housing affordable to persons and families of low and moderate income; and WHEREAS, CRL Health and Safety Code Section 33334.16 allows that the City Council as the legislative body may "by resolution, extend the period during which the Agency may retain the propert(ies) for one additional period not to exceed five years". NOW, THEREFORE, BE IT RESOLVED by the City Council as follows: SECTION 1. The above recitals are true and correct and incorporated herein. SECTION 2. The intention of the City Council is hereby affirmed that these properties be used for the development of housing affordable to persons and families of low and moderate income. SECTION 3. The period during which the Agency may retain these properties for the above-stated purposes is extended five years until August 19, 2007. ADOPTED this 7 Sth day of September , 2002. AYES: Members Hodges, Mills, Reller—Spurgin and Mayor Kleindienst NOES: None ABSENT: Member Oden A T: CITY OF PALM SPRINGS, CALIFORNIA \ � i City Clerk City Manager REVIEWED & APPROVED �� --- --- b z w rD OQ 0 669—39 T C A.01/-044 Ror. SZ NW4 SE4 SEC.34 T.3S. R.4E. " ° NC ft H. O ------ p I � I � I I !�W-CFOR_OIG4V—AYE�I • -.� -• I n3 w! /ss /,l m /rf az I ns nz w /ro ° w t O C c O i G O �i� •�- BON—_—A/R ,� V^ c� V © V V '� 2 5 G C S •r!! ®oJrr..!` ' J 2/S •�' IO) los t/! rr3 r/1 tOS tM NJ tLC ra , ,O s tL A r0 1n l/a 210 rl/ ilt . N !3 Y a/ 4/ O � ®110lz AV£N/DA t!) 244 •r( 2!2 l! t a t!Q tSI 13/ IIO 21) rrL lLT A L6 LL l' N,' L L '�'+ J - 245 tfi 1 N/ ttl Sit 211 lrt ffI !lI ttL 114 n 03 f/ zil F Y 31 •I a p n ,L LAS VE6A5 nrE I RO Zftr ..•r�,ai,.1 14 !93 ," !ALE J Mli A" CL sME R+IS' �+ ,cc - MB. Z41M-54 DESERT i//GHLAND ESWIES UNLESS 0D 1 mm YR'M1N AV 3/Ri i ASSESSO S MAP SK 669 P6-S ✓UNE /!60