HomeMy WebLinkAboutCC RES 03-125RESOLUTION NO. 03-125
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT APPROVING THE SALE OF PROPERTY BY THE PALM
DESERT REDEVELOPMENT AGENCY TO MARK AND JODIE RATLIFF
FOR DEVELOPMENT PURSUANT TO THE REDEVELOPMENT PLAN
FOR PROJECT AREA NO. 1 AS AMENDED
THE CITY COUNCIL OF THE CITY OF PALM DESERT HEREBY FINDS,
DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1. In order to effectuate the provisions of the Redevelopment Plan
(the "Redevelopment Plan") for Project Area No. 1 as Amended (the "Project Area"), the
Palm Desert Redevelopment Agency (the "Agency") proposes to enter into a Purchase and
Sale Agreement and Escrow Instructions (the "Agreement") with Mark Ratliff and Jodie
Ratliff (collectively, the "Purchaser"), pursuant to which Agreement the Agency will convey
to the Purchaser title to that certain real property located at Lot 12 Block 3 in MB 020/030
of Palma Village Unit 3, Palm Desert, California (the "Property") and the Purchaser will
construct, or cause to be constructed, on the Property a single family residence.
Section 2. On December 11, 2003, the City Council of the City of Palm
Desert (the "City Council") and the Agency held a duly noticed public hearing on the
approval of the Agency's proposed sale of the Property to the Purchaser pursuant to the
Agreement, at which time all persons desiring to comment on, or ask questions concerning,
the Agreement were given the opportunity to do so. Prior to the public hearing, information
concerning the Agency's proposed sale of the Property to the Purchaser was available for
public inspection in office of the City Clerk in accordance with Health and Safety Code
Section 33433.
Section 3. The Agency has obtained an evaluation of the value of the
Property from Richard Gallegos SCREA , which has determined that the fair market value
of the Property, at the highest and best use of the Property in accordance with the
Redevelopment Plan for the Project Area, is $95,000, the price at which the Agency is
selling the Property to the Purchaser pursuant to the Agreement.
Section 4. Based upon the foregoing and other information presented to the
City Council, the City Council hereby finds and determines that (i) the sale of the Property
to the Purchaser is consistent with the Agency's implementation plan adopted pursuant to
Health and Safety Code Section 33490; (ii) the sale of the Property to the Purchaser
pursuant to the Agreement will assist in the elimination of one or more blighting conditions
inside the Project Area, and (iii) the consideration for the Property is not less than the fair
market value of the Property at its highest and best use in accordance with the
Redevelopment Plan for the Project Area.
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RESOLUTION NO. 03- 125
Section 5. The City Council hereby approves the sale of the Property to the
Purchaser.
PASSED, APPROVED and ADOPTED this 11`h day of December, 2003, by
the following vote to wit:
AYES: BENSON, CRITES, FERGUSON, KELLY, SPIEGEL
NOES: NONE
ABSENTS: NONE
ABSTAINS: NONE
CITY COUNCIL OF THE CITY OF PALM
DESERT
By: /4/c3.,e2 .
Name: Robert A. Stlege1/ /
Mayor
ATTEST:
Rachelle 1. : ssen, 1j y Cr rk
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