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HomeMy WebLinkAbout24057 RESOLUTION NO. 24057 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, ACCEPTING THE DONATION OF 40 ACRES OF VACANT REAL PROPERTY FROM AENEAS VALLEY RANCH, LLC, A WASHINGTON LIMITED LIABILITY COMPANY, FOR THE PROPERTY IDENTIFIED BY ASSESSOR PARCEL NUMBER (APN) 635-060-011. WHEREAS, Aeneas Valley Ranch, LLC, a Washington limited liability company, (the "Owner"), desires to donate real property consisting of 40 acres of vacant land located in the City of Palm Springs, identified by Assessor's Parcel Number (APN) 635- 060-011, (the "Property"), to the City of Palm Springs; and WHEREAS, the Owner has provided to the City a fair market appraisal of the valuation of the Property, identifying a fair market value of $200,000 for the Property, and the Owner has agreed to donate the Property as a gift to the City; and WHEREAS, pursuant to California Government Code Section 37354, the City Council may acquire real property by gift, bequest or devise made to or for the City, or to or for any of its officers in their official capacity or in trust for any public purpose; and WHEREAS, the City Council of the City of Palm Springs desires to accept the Property, with a stated fair market value of $200,000, as part of a remediation project funded in part by the Coachella Valley Mountains Conservancy, and to accept the Property at such time as the City secures 100% of all costs for the remediation project from grant funding or third party resources. THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1: The above recitals are all true and correct. SECTION 2: The City Council of the City of Palm Springs, in accordance with California Government Code Section 37354, hereby accepts the offer of donation from Aeneas Valley Ranch, LLC, a Washington limited liability company, of real property consisting of 40 acres of vacant land located in the City of Palm Springs, identified by Assessor's Parcel Number (APN) 635-060-011, subject to the City securing 100% of all costs for the remediation project from grant funding awarded by the Coachella Valley Mountains Conservancy, or through third party resources committed to complete the remediation project. SECTION 3: The City Manager is hereby authorized to enter into any agreements necessary to acquire the donated real property, and to approve payments Resolution No. 24057 Page 2 of associated escrow and title fees associated with the real property acquisition by donation from Aeneas Valley Ranch, LLC, a Washington limited liability company. SECTION 4: The City Clerk is hereby authorized to prepare and execute a Certificate of Acceptance on behalf of the City Council to be attached to and recorded with any Grant Deed or Quitclaim Deed associated with the real property acquisition by donation from Aeneas Valley Ranch, LLC, a Washington limited liability company. SECTION 5: The City Council of the City of Palm Springs hereby acknowledges that the City has accepted the donation of real property from Aeneas Valley Ranch, LLC, a Washington limited liability company, with a stated fair market value of$200,000. ADOPTED THIS 6T" DAY OF JULY, 2016. David H. Ready, City Mary�g ATTEST: mes 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. 24057 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 61h day of July, 2016, by the following vote: AYES: Councilmember Foat, Councilmember Kors, Councilmember Roberts, Mayor Pro Tern Mills, and Mayor Moon. NOES: None. ABSENT: None. ABSTAIN: None. mes Thompson, City Clerk City of Palm Springs, California