HomeMy WebLinkAboutRDA RES 353RESOLUTION NO. 353
A RESOLUTION OF THE PALM DESERT REDEVELOPMENT
AGENCY DESIGNATING THE PALM DESERT HOUSING
AUTHORITY AS THE OPERATOR OF CERTAIN RENTAL
HOUSING PROJECTS IN THE CITY OF PALM DESERT
NOW THEREFORE, THE PALM DESERT REDEVELOPMENT AGENCY HEREBY
FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1. The Palm Desert Redevelopment Agency is the owner of the Santa Rosa
Apartments, which are located in the City. The Agency also proposes to acquire from the
Housing Authority of the County of Riverside 725 rental housing units located in the City.
Section 2. The Agency hereby designates the Palm Desert Housing Authority as operator
of the Santa Rosa Apartments, and such 725 rental housing units, for and on behalf of the
Agency. Such designation shall be effective upon acquisition of such 725 rental housing units by
the Agency. The Palm Desert Housing Authority is hereby further authorized to do all acts and
things necessary or appropriate in connection with the operation of the Santa Rosa Apartments
and such 725 rental housing units, including but not limited to entering into an agreement or
agreements with a private management company or companies consistent with federal tax
regulations pertaining to tax-exempt bonds.
PASSED, APPROVED AND ADOPTED this 22nd day of January, 1998.
AYES: FERGUSON, SPIEGEL, BENSON
NOES: NONE
ABSENT: CRITES, KELLY
ABSTAIN: NONE
, A�'�EST: _
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%' Sheila R. G
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Jean,N1. Benson, Chairperson
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