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HomeMy WebLinkAbout21094 - RESOLUTIONS - 9/15/2004 RESOLUTION NO. 21094 OF THE CITY COUNCIL OF THE CITY OF PALM ' SPRINGS, CALIFORNIA, APPROVING AN EXCHANGE AGREEMENT WITH SIHAM SHTAYYEH, EXCHANGING 8,900 SQUARE FEET OF CITY-OWNED LAND FOR 8,000 SQUARE FEET OF PRIVATELY- OWNED LAND, WITH RESTRICTIONS ON THE FUTURE DEVELOPMENT OF BOTH PARCELS WHEREAS, Siham Shtayyeh ("Developer") is the owner of that certain unimproved real property located in the City of Palm Springs, County of Riverside, State of California, consisting of approximately 8,000 square feet which Real Property is more particularly described in attached Exhibit A ("Developer Property"); and WHEREAS, the City is the owner of that certain unimproved real property located in the City of Palm Springs, County of Riverside, State of California, consisting of two lots totaling approximately 8,900 square feet which Real Property is more particularly described in attached Exhibit B ("City Property"); and WHEREAS, Developer desires to construct a cluster of triplexes in the Desert Highland area and received Planning Commission approval on July 14, 2004; the project site of such a cluster includes the two Agency-owned parcels; and ' WHEREAS, the City and its Community Redevelopment Agency have created an infill housing program in the Desert Highland Area and desire to include the Developer's parcel in the program; and WHEREAS, it is the intention of the City to develop both single-family affordable housing and market rate multi-family housing in the area, and to that end is willing to convey the City Property to the Developer in exchange for the Developer Property in the fashion set forth hereinafter to assure that both the Developer Property and the City Property shall be developed as described in the Agreement; and NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs, that. SECTION 1. The City, pursuant to its authority under Government Code Section 37350, to acquire and dispose of property for the common benefit, deems the exchange of property between the City of Palm Springs and Siham Shtayyeh to be in the best interest of the City because it results in additional housing development in a blighted area, resulting in a long term benefit for the residents of the City without additional expense to the City. SECTION 2. In consideration of the mutual covenants and conditions contained therein, the Exchange Agreement between the Siham Shtayyeh and the ' City of Palm Springs, in a form approved by the City Attorney, is hereby approved. ' Page 2 SECTION 3. The City Manager or his designee is hereby authorized to execute all contracts, deeds, declarations, or other documents related to the Exchange Agreement. ADOPTED this 151h day of September, 2004. AYES: Members Foat, McCulloch, Mills, Pougnet, and Mayor Oden NOES: None ABSENT: None ATTEST: THE CITY OF PALM SPRINGS, CALIFORNIA C. City Clerk City .Manager ' REVIEWED &APPROVED AS TO FORM