HomeMy WebLinkAbout21623 - RESOLUTIONS - 6/21/2006 RESOLUTION NO. 21623
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, CONCURRING WITH THE
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF
PALM SPRINGS, CALIFORNIA, REGARDING THE
APPROVAL OF AMENDMENT NO. 2 TO DISPOSITION AND
DEVELOPMENT AGREEMENT NO. A0490C BETWEEN
CENTURY CROWELL COMMUNITIES, LP D/B/A MOUNTAIN
GATE II PALM SPRINGS VENTURE, LLC AND THE
COMMUNITY REDEVELOPMENT AGENCY, ADJUSTING
THE TERMS OF THE AGENCY BUYER ASSISTANCE NOTE
TO ALLOW IT TO AMORTIZE OVER A PERIOD OF FIVE
YEARS, FOR FIVE SINGLE FAMILY INFILL HOMES FOR
MODERATE INCOME HOUSEHOLDS IN THE DESERT
HIGHLAND GATEWAY AREA OF MERGED AREA NO. 1.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs that
it concurs with the action of the Community Redevelopment Agency regarding the
approval of Amendment No. 2 to a Disposition and Development Agreement with Century
Crowell Communities, LP for the development of five single family moderate income
homes in the Desert Highland area of Merged Area No. 1.
ADOPTED this 215t day of June, 2006.
David H. Ready, Cityager
ATTEST:
James Thompson, City Clerk
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. 21623 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 21, 2006, by the following
vote:
Resolution No. 21623
Page 2
AYES: Councilmember McCulloch, Councilmember Mills, Councilmember Pougnet, '
and Mayor Pro Tern Foat
NOES: None
ABSENT: Mayor Oden
ABSTAIN: None
J nes Thompson, City Cler<
ity of Palm Springs, California
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