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HomeMy WebLinkAboutCC RES 01-050RESOLUTION NO. 01-50 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA AUTHORIZING THE SALE OF 42-740 REBECCA ROAD 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 less 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 Agency 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 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 April 12, 2001. Section 2. The City Council finds the consideration received for the sale of the property is not less 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 42-740 Rebecca Road for a fair market value. 1 Resolution No. of -so PASSED, APPROVED and ADOPTED this 12th day of April, 2001. AYES: BENSON, CRITES, KELLY, SPIEGEL, FERGUSON NOES: NONE ABSENT: NONE ABSTAIN: NONE ST: Sheila R. Gilliga