HomeMy WebLinkAbout21866 - RESOLUTIONS - 4/18/2007 RESOLUTION NO. 21866
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, CONCURRING WITH THE
COMMUNITY REDEVELOPMENT AGENCY'S APPROVAL
OF AMENDMENT NO. 2 TO A RESTATED AND AMENDED
DISPOSITION AGREEMENT, PROMISSORY NOTE, AND
DEED OF TRUST WITH ASSIGNMENT OF RENTS WITH
HACIENDA SUNSET AFFORDABLE HOUSING
ASSOCIATES, LP TO APPROVE ADDITIONAL FUNDING
IN THE AMOUNT OF $236,281.
BE IT RESOLVED by the City Council of the City of Palm Springs that it concurs with
the Community Redevelopment Agency's approval of Amendment No. 2 to a Restated
and Amended Disposition and Development Agreement between the Community
Redevelopment Agency of the City of Palm Springs and Sunset Hacienda Affordable
Housing Associates, a California Limited Partnership, to approve additional funding in
the amount of$236,281.
ADOPTED this 18th day of April, 2007. _ J
ATTEST:
David H. Ready, City ger
'
es 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. 21866 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 the 18th day of April, 2007, by
the following vote:
AYES: Councilmember Foat, Councilmember McCulloch, Councilmember Mills,
Mayor Pro Tem Pougnet, and Mayor Oden.
NOES: None.
ABSENT: None.
ABSTAIN: None.
mes Thompson, City Clerk
City of Palm Springs, California