HomeMy WebLinkAbout11/1/2006 - STAFF REPORTS - RA.1.CITY OF PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY, OCTOBER 25, 2006
CITY COUNCIL CHAMBER
CALL TO ORDER: Chair Oden called the meeting to order at 9:04 P.M
ROLL CALL:
PRESENT: Agency Member Mills, Agency Member McCulloch, Agency
Member Pougnet, Vice Chair Foat and Chair Oden.
ABSENT: None,
ALSO PRESENT: Executive Director Ready, Agency Attorney Holland, Assistant
Secretary Thompson.
PUBLIC COMMENT: None.
RA1. APPROVAL OF MINUTES:
ACTION: Approve the Community Redevelopment Agency Minutes of October 4,
2006, and October 18, 2006. Motion Agency Member Mills, seconded by
Agency Member McCulloch and unanimously carried on a roll call vote,
noting the abstention of Vice -Chair Foat on the Minutes of October 18,
2006.
RA2. AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY AND
ESCROW INSTRUCTIONS WITH ESTHER LEVY OF PALM DESERT, CA,
FOR THE PROPERTY AT 342 NORTH PALM CANYON DRIVE (CORK `N
BOTTLE), MERGED PROJECT AREA NO. 1, FOR THE PURPOSE OF
PRESERVING THE STRUCTURE AND ASSEMBLING THE PROPERTY FOR
DOWNTOWN REDEVELOPMENT:
ACTION: 1) Adopt Resolution No. 1313, "A RESOLUTION OF THE
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT FOR PURCHASE
AND SALE OF REAL PROPERTY AND ESCROW INSTRUCTIONS WITH
ESTHER LEVY OF PALM DESERT, CA, FOR PROPERTY AT 342 NORTH
PALM CANYON DRIVE (CORK `N BOTTLE), MERGED PROJECT AREA NO. 1,
FOR THE PURPOSE OF PRESERVING THE STRUCTURE AND ASSEMBLING
THE PROPERTY FOR DOWNTOWN REDEVELOPMENT, IN THE AMOUNT
OF $585,000 PLUS BROKER COMMISSION AND CLOSING COSTS;" and 2)
Authorize the Executive Director, or his designee, to execute all necessary
documents. A0512C. Motion Agency Member McCulloch, seconded by
Agency Member Pougnet and unanimously carried on a roll call vote.
ADJOURNMENT: The Community Redevelopment Agency adjourned at 9:07 P.M.
ITEM NO, RA O
City of Palm Springs
Community Redevelopment Agency
October 25, 2006 Minutes
Page 2
APPROVED BY A MOTION OF THE CITY OF PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY THIS Is'DAY OF NOVEMBER, 2006.
Chair
ATTEST:
Assistant Secretary