HomeMy WebLinkAboutCC RES 94-096RESOLUTION NO. 94-96
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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM DESERT, CALIFORNIA, EXPRESSING INTENTION
TO PROCEED WITH THE FORMATION OF AND THE
ISSUANCE AND SALE OF BONDS FOR PROPOSED
ASSESSMENT DISTRICT NO. 94-2 (SUNTERRACE) AND
AUTHORISING NEGOTIATION OF AGREEMENT REGARDING
FORMATION OF RAID ASSESSMENT DISTRICT WITH
ROBERT B. VARNER
WHEREAS, the City of Palm Desert (the "City") has received a
petition from Robert B. Varner, the owner and developer of the
residential development known as "Sunterrace" located within the
City requesting that the City Council of the City (the "City
Council") initiate and conduct proceedings for the formation of an
assessment district pursuant to the Municipal Improvement Act of
1913, Division 12 of the Streets and Highways Code, and the
issuance and sale of bonds for the proposed assessment district
pursuant to the Improvement Bond Act of 1915, Division 10 of the
Streets and Highways Code, for the purpose of financing the
acquisition and construction of certain public improvements within
and for the benefit of said residential development and the
proposed assessment district; and
WHEREAS, the City Council has determined that it will initiate
and conduct such proceedings as requested by Robert B. Varner; and
NOW, THEREFORE, the City Council of the City of Palm Desert,
California, DOES HEREBY RESOLVE as follows:
1. The City Council hereby expresses its intention to proceed
with the formation of the proposed assessment district.
2. The City Council hereby authorizes the negotiation of an
agreement to be entered into by and between the City and Robert B.
Varner, entitled "Agreement Between the City of Palm Desert and
Robert B. Varner Regarding Formation of Assessment District."
PASSED, APPROVED AND ADOPTED this 25th day of August, 1994, by
the following vote, to wit:
AYES: BENSON, CRITES, KELLY, SNYDER, WILSON
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE ..%�
oy Wi1p9x Mayor
TEST:
% Sheila R: G11ligan