HomeMy WebLinkAboutCC RES 99-074RESOLUTION NO, 99-74
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT, CALIFORNIA AUTHORIZING THE PALM DESERT
REDEVELOPMENT AGENCY TO SELL MOBILE HOME LOTS NOS.
26 AND 57 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
RECITALS:
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 fair 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.
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 July 8, 1999.
Section 2. The City Council has reviewed and considered all written and oral comments,
questions and concerns regarding the Agency's proposed sale of mobile home Lots Nos. 26 and
57 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 finds 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
No. 1, Amended.
RESOLUTION NO. 99-74
Section 5. The City Council hereby authorizes the Agency to sell the subject lot at fair
market value and authorizes the Executive Director of the Agency to execute all required
documents to complete the transaction.
PASSED, APPROVED AND ADOPTED this 8th day of July, 1999.
AYES: Benson, Crites, Kelly, Spiegel
NOES: None
ABSENT: Ferguson
ABSTAIN: None
T EST:
Zug
Sheila R.
an, City
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