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.
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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.
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