HomeMy WebLinkAboutRDA RES 404RESOLUTION NO. 404
A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY AUTHORIZING
THE SALE OF 42-662 REBECCA ROAD AT FAIR MARKET VALUE
RECITALS:
A. Pursuant to Health and Safety Code §33433, the Redevelopment Agency, is
required to hold a public hearing before any p�operty 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 Agency 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 Paim Desert Redevelopment Agency 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 September 14, 2000.
Section 2. The Agency 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 shail contain language prescribed by Health and Safety Code
§33435 as required.
Section 4. The Agency hereby authorizes the conveyance of 42-662 Rebecca Road for
a fair market value.
Resolution No. 404
PASSED, APPROVED and ADOPTED this 14th day of September 14, 2000.
AYES: FERGUSON, KELLY, SPIEGEL, CRITES
NOES: NONE
ABSENT: sENsorr
ABSTAI N: NONE � L��-�c,
Mayor
ST: �
..i
, �
Sheila R. igan, C Clerk
�
�