HomeMy WebLinkAbout22445 - RESOLUTIONS - 3/25/2009 RESOLUTION NO. 22445
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, APPROVING THE
PURCHASE FROM THE COMMUNITY REDEVELOPMENT
AGENCY THE PROPERTY LOCATED AT THE NORTHEAST
CORNER OF JIMINEZ CIRCLE AND WEST ROSA PARKS
ROAD (APN 669-353-001) IN THE AMOUNT OF $22,500,
AND APPROVING THE ISSUANCE OF A PROMISSORY
NOTE IN THE AMOUNT OF $22,500.
WHEREAS, the Community Redevelopment Agency of the City of Palm Springs does
own a parcel of land of approximately 0-2159 acres, which it acquired for the purpose
of affordable housing; and
WHEREAS, the Agency desires to sell the parcel to the City in order to comply with
Section 33334.16 of California Redevelopment Law (Health & Safety Code Section
33334.16); and
WHEREAS, the City purchasing the parcel from the Agency would help the Agency
comply with Section 33334.16.
NOW THEREFORE THE CITY COUNCIL OF THE CITY OF PALM SPRINGS
RESOLVES:
1. The City of Palm Springs agrees to purchase and accepts a Grant Deed
conveying the 9,404 square foot parcel, APN 669-353-001, from Agency in a form
approved by the City Attorney.
2. Approve Purchase and Sale of Real Property Agreement between City and
Agency.
3. Authorize and direct City Manager or his designee to complete and execute
the promissory note and other such documents as may be reasonably necessary or
prudent to complete this transaction.
ADOPTED THIS 25T" DAY OF MARCH, 2009.
�r -
David H. Ready, anager
ATT ST:
mes Thompson, City Clerk
Resolution No. 22445
Page 2
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. 22445 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 25�h day of March, 2009, by
the following vote:
AYES: Councilmember Foat, Councilmember Hutcheson, Councilmember Weigel,
Mayor Pro Tem Mills, and Mayor Pougnet.
NOES: None.
ABSENT: None.
ABSTAIN: None.
mes Thompson, City Clerk �/ -
City of Palm Springs, California O4 �� ��