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HomeMy WebLinkAbout20521 - RESOLUTIONS - 1/2/2003 RESOLUTION NO. 20521 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS PURSUANT TO CALIFORNIA GOVERNMENT CODE SECTION 37421 ET. SEQ. FOR THE SALE OF CITY PROPERTY, APN 669-500-026 A04616 WHEREAS, the City is desirous of selling certain property located in the City of Palm Springs ("Sale Property"), and described in Exhibit "A" of this Resolution, in accordance with Government Code Section 37420 et seq.; and WHEREAS, the City Council of the City Palm Springs is informed that Burnett Development Company ("Burnett") has entered a Disposition and Development Agreement with the Community Redevelopment Agency for the purchase of a portion of this 1.11 acre property and other Agency-owned parcel abutting this property, at a legally noticed public hearing on December 18, 2002; and WHEREAS, the Agency intends to convey a portion of this parcel, known as Parcel S, to Burnett through the Disposition and Development Agreement, which provides a better legal instrument for the conveyance of real property for private development, and retain a portion of the parcel for a future separate agreement with Coachella Valley Housing Coalition; and WHEREAS, the property, APN 669-500-026, was originally intended as a public park site, but the private nature of the Coyote Run project and the Burnett project have made it infeasible for that purpose; and WHEREAS, the purchase of a portion of the property from the Agency by Burnett will be in return for a contribution of $50,000 toward the construction of a public park at a new site on Sunrise Way accessible to the public, and is at least fair market value. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs, as follows: SECTION 1. The above recitals are true and correct and incorporated herein. SECTION 2. The Agreement for Purchase and Sale of Real Property between the City of Palm Springs and the Community Redevelopment Agency of the City of Palm Springs is hereby approved. ' C&O 'ka Kesowuon zu5zi Page 2 SECTION 3. The Mayor, or his designee, is hereby authorized to execute on , behalf of the City the Agreement for Purchase and Sale of Real Properly and other documents necessary to the Agreement, and make minor changes as may be deemed necessary, in a form approved by the City Attorney. ADOPTED this 2nd day of January 2003 by the City Council of the City of Palm Springs. AYES: Members Hodges, Mills, Oden, Reller-Spurgin and Mayor Kleindienst NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS, CALIFORNIA City Clerk City Manage"r'"` " ! ' APPROVED AS TO FORM: CITY ATTORNEY REVIEWED AND APPROVED Resolution 20521 Page 3 EXHIBIT "A" LEGAL DESCRIPTION OF THE PROPERTY ' The Land is that certain real property located in the City of Palm Springs, County of Riverside, State of California, more particularly described as follows: 1.11 acres in a portion of Lot 2 in Tract 17642-1, Map Book 235, Page 84. q11 Resolution 20*R 9 ~ L• Per Lot t Page 4 ,ram c.X 4� Ex AI [L�7SJ) O 44 Ac Ni Al fib �2�42 22 IFS /.1/Ac v ' n 20.2/ A / y Tr07 -/ 33A 2O. c N/ ,u Qb o� :h4.12 '� in ... ti SO For V 1if�34 PU4. / �o '^ It /2.48 POR. / koPOR N i �ArEx. AC /8 zz 0.64 h 0./9 �Ac. f Ac t POR B �, 1 6sO /./B l$ i�o + 16 I'", 4 *70 N Q,4 / Ac _ a fqq. 7 Ex Ex `I �Ex � Q �b' , 4 J h I 2 6/Ar f O.J?AcNt 0 5973Ac F 90 Q 3C OSAc NY !s POR Ex /7 v 5� 3.96 o� £x Sets p •• a 0..#AcNt Ljo Tr l76�fP-I v3 I r Lot B �- .vdo'.c�c�2B • w ?oaZ SAN RAFAEL DRI VE I I F BK 50l oa. !br- '� �� 1 ASSESSORS MAP BK669 PG 50 R/VE�RSIDE COUNTY, CALIF