HomeMy WebLinkAbout22951 RESOLUTION NO. 22951
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING AN AGREEMENT AND ESCROW
INSTRUCTIONS FOR THE SALE OF TWO PARCELS OF REAL
PROPERTY, ASSESSOR PARCEL NOS. 508055007 AND 508055008,
TOTALING APPROXIMATELY 5.62 ACRES LOCATED AT THE
SOUTHEAST CORNER OF ANDREAS ROAD AND CALLE EL SEGUNDO,
TO O & M HR, LLC, A DELAWARE LIMITED LIABILITY COMPANY FOR
THE AMOUNT OF $1.5 MILLION. A6103
THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Agreement and Escrow Instructions for the sale known as Assessor Parcel
Nos. 508055007 and 508055008, totaling approximately 5.62 acres located at the southeast
corner of Andreas Road and Calle El Segundo, Palm Springs, California, to O & M H R, LLC, a
Delaware limited liability company, for$1.5 million, is hereby approved.
SECTION 2 Authorize the City Manager or his designee to execute all documents related and
necessary to the agreement.
ADOPTED THIS 1 st day of June, 2011.
A ST: David H. Reath anager
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.
22951 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 1st day of June, 2011, by the following vote:
AYES: Councilmember Foat, Councilmember Hutcheson, Councilmember Mills, Mayor
Pro Tern Weigel, and Mayor Pougnet.
NOES: None.
ABSENT: None.
ABSTAIN: None.
ames Thompson, City Clerk
City of Palm Springs, California B��aO! Z01