HomeMy WebLinkAbout21613 - RESOLUTIONS - 6/7/2006 RESOLUTION NO. 21613
' A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF PALM SPRINGS, CALIFORNIA,
APPROVING AMENDMENT NO. 1, A RESTATED
AND AMENDED DISPOSITION AND DEVELOPMENT
AGREEMENT, PROMISSORY NOTE, AND DEED OF
TRUST WITH ASSIGNMENT OF RENTS WITH VISTA
SUNRISE APARTMENTS, LP TO APPROVE
ADDITIONAL FUNDING IN THE AMOUNT OF
$200,000. A0495C.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs that
Amendment No. 1 to a Restated and Amended Disposition and Development Agreement
with the Community Redevelopment Agency of the City of Palm Springs, Vista Sunrise
Apartments, L.P. to approve additional funding in the amount of $200,000, is hereby
approved.
ADOPTED this 71h day of June, 2006.
David H. Ready, pity M -er
ATTEST:
�J s Thompson, City Clerk
C CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that
Resolution No. 21613 is a full, true and correct copy, and was duly adopted at a regular
meeting of the City Council of the City of Palm Springs on June 7, 2006, by the following
vote:
AYES: Councilmember McCulloch, Councilmember Mills, Councilmember Pougnet,
Mayor Pro Tern Foat and Mayor Oden
NOES: None
ABSENT: None
ABSTAIN: None
Resolution No. 21613
Page 2 )p'
es Thompson, City Clerk '
ity of Palm Springs, California