HomeMy WebLinkAbout20657 - RESOLUTIONS - 7/16/2003 RESOLUTION NO. 20657 '
OF THE CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING THE SALE OF A 53,578 SQUARE FOOT
PARCEL TO THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SPRINGS FOR
THE AMOUNT OF $205,000. A465C
WHEREAS the City of Palm Springs does own a parcel) of land of approximately 1.23
acres, which is remainder parcel from two previous low-income senior apartment
projects, and which it purchased from the Community Redevelopment Agency in
October, 2001 to comply with Section 33334.16 of California Redevelopment Law; and
WHEREAS Section 33334.16 of California Redevelopment Law (Health & Safety Code
Section 33334.16) declares that "the agency shall, within five years from the date it first
acquires the property interest for the development of housing affordable to persons and
families of low and moderate income, initiate activities consistent with the development
of the property for that purpose"; and
WHEREAS the Agency originally acquired the parcel on March 1, 1975 for such
purposes, and as such has held the land for longer than the five year limit; and
WHEREAS selling the parcel from the City of Palm Springs to the Agency would help the
Agency to contribute the parcel to a project that meets the original intent of the '
purchase.
NOW THEREFORE BE IT RESOLVED by the City of Palm Springs, that a Grant Deed
conveying the 53,578 square foot parcel from the to the City of Palm Springs to the
Community Redevelopment Agency of the City of Palm Springs, in a form approved by
the City Attorney, is hereby approved.
ADOPTED this 16th day of July 2003.
AYES: Members Mills, Oden, Reller-Spurgin and Mayor Kleindienst
NOES: None
ABSENT: Member Hodges - Excused
ATT THE CITY OF PALM SPRINGS, CALIFORNIA
l�
City C City Manager=
REVIEWED &APPROVED AS TO FORM
CNN
i