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HomeMy WebLinkAboutCC RES 00-126RESOLUTION NO. 00-126 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA AUTHORIZING THE PALM DESERT REDEVELOPMENT AGENCY TO SELL MOBILE HOME LOT #142 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 Tess 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. 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 October 26, 2000. 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 lot #142 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 1 Amended. 1 Resolution No. 00-126 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 26th day of October, 2000. AYES: BENSON, FERGUSON, KELLY, SPIEGEL, CRITES NOES: NONE ABSENT: NONE ABSTAIN: NONE EST: Sheila R. ligan, C; lerk 2