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HomeMy WebLinkAboutCC RES 06-030RESOLUTION NO. 06-30 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, ACCEPTING REIMBURSEMENT BY THE AGENCY FOR THE COST OF THE ACQUISITION BY THE CITY FOR CERTAIN REAL PROPERTY LOCATED AT 74-065 GOLETA AVENUE IN THE CITY OF PALM DESERT THE CITY COUNCIL OF THE CITY OF PALM DESERT HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. The City is the owner of certain real property located at 74-065 Goleta Avenue, in the City. The cost to the City of the acquisition of such property was $200,905.00. Section 2. The City proposes to convey such property to Habitat for Humanity and provide for the rehabilitation of a single-family residence on such property and its sale to a qualified buyer. Section 3. In consideration for the conveyance by the City to Habitat for Humanity for $1.00, and in further consideration for the establishment of covenants and restrictions by the City in favor of the Agency, which covenants and restrictions require that such single-family residence shall remain available at an affordable housing cost to persons and families of low and moderate income for a period not Tess than 45 years, the Agency shall reimburse the City for the cost to acquire such property, as well as any transfer or closing costs associated with such transfer. Section 4. The officials, staff, consultants and legal counsel to the City are hereby authorized and directed to take all steps necessary and desirable to effect the purposes of this resolution. PASSED, APPROVED and ADOPTED by the City of Palm Desert, this 9th of March, 2006, by the following vote, to wit: AYES: BENSON, CRITES, KELLY, SPIEGEL, and FERGUSON NOES: NONE ABSENT: NONE ABSTAIN: NONE ATTEST: /_ HELLE D. KLASSE, CITY CLERK W:1Agenda Items12006-Mar 9174065 Goleta Ave Prapertylareso030906.wpd