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HomeMy WebLinkAbout10/17/2001 - STAFF REPORTS (14) RESOLUTION NO. OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE PURCHASE OF A 53,578 SQUARE FOOT PARCEL FROM THE COMMUNITY REDEVELOPMENT AGENCY FOR THE AMOUNT OF $60,000. WHEREAS the Community Redevelopment Agency does own a parcel of land of approximately 1.23 acres, which is remainder parcel from two previous low-income senior apartment projects, and WHEREAS Section 33334.16 of California Redevelopment Law (Health & Safety Code Section 33334.16) declares that "the agency shall, within five years from the date it first acquires the property interest for the development of housing affordable to persons and families of low and moderate income, initiate activities consistent with the development of the property for that purpose"; and WHEREAS the Agency originally acquired the parcel on March 1, 1975 for such purposes, and as such has held the land for longer than the five year limit; and WHEREAS the Agency desires to comply with the provisions of Section 33334.16, but also desires to use the parcel for a worthwhile project that would benefit families and individuals of low- or moderate income; and WHEREAS selling the parcel to the City of Palm Springs would help the Agency comply with the statute but would allow the City to contribute the parcel to a project that meets the original intent of the purchase. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs, that a Grant Deed conveying the 53,578 square foot parcel from the Agency to the City of Palm Springs, in a form approved to the Agency Counsel, is hereby approved. ADOPTED this day of 2001. AYES: NOES: ABSENT: ATTEST: THE CITY OF PALM SPRINGS, CALIFORNIA By City Clerk City Manager REVIEWED &APPROVED AS TO FORM RESOLUTION NO. OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA,AMENDING THE BUDGET FOR THE 2001-02 FISCAL YEAR. WHEREAS Resolution 20062 approving the budget for the fiscal year 2001-02 was adopted on June 6, 2001; and WHEREAS the City Manager has recommended, and the City Council desires to approve, certain amendments to said budget; NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 20062, adopting the budget for the 2001-02 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND Activity Account Amount 261 4496 xxxxx $60,000 Land Acquisition Purpose: City purchase of Agency 1.23 acre parcel for Community Services Campus. SECTION 2. SOURCE FUND Activity Account Amount 001 29301 $60,000 General Fund Adopted this day of 12001. AYES: NOES: ABSENT: ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By City Clerk City Manager REVIEWED AND APPROVED ��