HomeMy WebLinkAboutCC RES 00-127RESOLUTION NO. 00-127
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT,
CALIFORNIA, AUTHORIZING THE PALM DESERT REDEVELOPMENT AGENCY TO
SELL 75-336 YELLOW SAGE COURT AT 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), a report shall be made available
for inspection by the public no later than the first publication of the first notice of the
hearing mandated by subsection (a). A resolution approving the sale shall be adopted
and shall contain a finding that the consideration received for the sale of the property is
not Tess than its fair market value the highest and best use under the Redevelopment
Plan for Project Area #1 Amended.
C. Pursuant to Health and Safety Code §33435, the City Council shall obligate
purchaser(s) of real property acquired in redevelopment projects to refrain from
restricting the rental, sale, or lease of the property on the basis of race, color, religion,
sex, marital status, ancestry, or national origin of any person.
NOW, THEREFORE, the City Council of the City of Palm Desert hereby finds,
determines, resolves and orders as follows:
Section 1. 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 finds the consideration received for the sale of the property
is not Tess than its fair market value at the highest and best use under the
Redevelopment Plan for Project Area #1, Amended.
Section 3. The Grant Deed shall contain language prescribed by Health and Safety
Code §33435 as required.
Section 4. The City Council hereby authorizes the conveyance of 75-336 Yellow Sage
Court at fair market value.
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Resolution No. 00-127
PASSED, APPROVED, and ADOPTED this 26th day of October, 2000.
AYES: BENSON, FERGUSON, KELLY, SPIEGEL, CRITES
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
ATTEST:
Sheila R. cF igan, Ci
Jerk
,/c/o/ie-
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