HomeMy WebLinkAboutCC RES 98-151�
RESOLUTION NO. 98-151
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT,
r"' CALIFOItNIA AUTHORIZING THE PALM DESERT REDEVELOPMENT AGENCY TO
SELL MOBILE HOME LOT #31 LOCATED AT 43-155 PORTOLA AVENUE (PORTOLA
PALMS MOBILE HOME PARK) AND MAKING A FINDING THAT THE MONETARY
CONSIDERATION RECOVERED FOR THE SALE IS NOT LESS THAN FAIR MARKET
VALUE
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A. Pursuant to Health and Safety Code §33433, the City Council, is required to hold a public
hearing before any property of the Agency acquired in whole or in part, directly or indirectly, with
tax increment money is sold or leased for development pursuant to the Redevelopment Plan, said
sale shall first be approved by the City Council by resolution after public hearing.
B. Pursuant to Health and Safety Code §33433 (b) the City Council must make a finding that
the price to be paid for the property is not less than its for market value at the highest and best use
under the Redevelopment Plan.
C. Pursuant to Health and Safety Code §33433 (a), the Agency is required to make available
^ for inspection a report containing: proposed sale; cost to the Agency, value of interest to be sold,
sales price for inspection and available to the public.
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NOW, THEREFORE, the City Council of the City of Palm Desert hereby finds, determines, resolves
and orders as follows:
Section 1. That a duly noted public hearing in conformity with the requirement of Health and Safety
Code §33433 (a) was held on December 10, 1998.
�,�. The City Council has reviewed and considered all written and oral comments, questions
and concems regarding the Agency's proposed sale of mobile home lot #31 received prior to and at
the public hearing on said sale.
Section 3. The City Council accepts and has filed with the Office of the City Clerk, the report
required by Health and Safety Code §33433 (a).
Section 4• The City Council fmds that the price to be paid for the property is not less than fair market
value at the highest and best use under the Redevelopment Plan for Project Area 1 Amended.
� Section 5• The City Council hereby authorizes the Agency to sell the subject lot at fair mazket value
and authorizes the Executive Director of the Agency to execute all required documents to complete
the transaction.
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Resolution No. 98-151
PASSED, APPROVED and ADOPTED this l0th day of December, 1998.
AYES: Benson, Crites, Ferguson, Kelly, Spiegel
NOES: None
ABSENT: None
ABSTAIN: None
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