HomeMy WebLinkAboutCC RES 06-044RESOLUTION NO. 06-44
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF PALM DESERT APPROVING AS TO FORM, AND
AUTHORIZING THE EXECUTION AND DELIVERY OF, A
CONVEYANCE AGREEMENT AND AN EXCHANGE
AGREEMENT
THE CITY COUNCIL OF THE CITY OF PALM DESERT DOES HEREBY
RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
Section 1. As presented to this meeting and on file with the City Clerk of the
City of Palm Desert, the form of Conveyance Agreement by and between the Palm
Desert Redevelopment Agency and the City of Palm Desert, is hereby approved and
the Mayor is hereby authorized and directed, for and in the name and on behalf of the
City of Palm Desert, to execute such Conveyance Agreement in substantially the form
hereby approved, with such changes therein as the Mayor may approve, such approval
to be conclusively evidenced by his execution and delivery thereof.
Section 2. As presented to this meeting and on file with the City Clerk of the
City of Palm Desert, the form of the Exchange Agreement by and between Sanderson
J. Ray Desert Springs Partners, L.P. and the City of Palm Desert, is hereby approved
and the Mayor is hereby authorized and directed, for and in the name and on behalf of
the City of Palm Desert, to execute such Conveyance Agreement in substantially the
form hereby approved, with such changes therein as the Mayor may approve, such
approval to be conclusively evidenced by his execution and delivery thereof.
Section 3. The staff and officers of the City of Palm Desert are hereby
authorized and directed, jointly and severally, to do any and all things and to execute
and deliver any and all documents (including the exhibits to such Conveyance
Agreement and such Exchange Agreement) that they may deem necessary or
advisable in order to effectuate the purposes of this Resolution, such Conveyance
Agreement and such Exchange Agreement, and any such actions previously taken by
such staff and officers are hereby ratified and confirmed.
882117.2
RESOLUTION NO. 06-44
wit:
Section 4. This Resolution shall take effect immediately upon adoption.
APPROVED and ADOPTED this 13th day of April, 2006 by the following vote, to
AYES: BENSON, CRITES, SPIEGEL, FERGUSON
NOES: NONE
ABSENTS: KELLY
ABSTAINS: NONE
ATTEST:
Rachelle D. Klassen, City Clerk
City of Palm Desert, California
882117.2 2