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HomeMy WebLinkAboutRDA RES 479RESOLUTION NO. 479 A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY APPROVING A RESIDENTIAL PURCHASE AND SALE AGREEMENT PURSUANT TO HEALTH AND SAFETY CODE SECTION 33433(c) THE PALM DESERT REDEVELOPMENT AGENCY HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. The Palm Desert Redevelopment Agency (the "Agency") owns a residential structure iocated at 75-339 Kelsey Circle South in the City of Palm Desert, California (the "Prope►ty"). The Agency proposes to sell the Property to a person or family of low or moderate income pursuant to the purchase and sale agreement (the "Agreement") presented to the Agency at this meeting and now on file in the offices of the Agency Secretary and City Clerk of the City of Palm Desert. Section 2. Following notice duly given, the Agency has held a full and fair public hearing on the sale by the Agency of the Property pursuant to Health and Safety Code Section 33431. The Agency has made available to the public through the office of the City Clerk a copy of the Agreement prior to the public hearing. Section 3. The Agency hereby finds and determines that the Property qualifies as a"small housing project" as that term is defined in Health and Safety Code 33013. Section 4. Pursuant to its Resolution No. 03-34, the City Council authorized the Agency to sell or lease a"small housing project" as that term is defined in Health and Safety Code Section 33013, pursuant to Health and Safety Code Section 33433(c). Section 5. The Agency hereby approves the Agreement and the Executive Director is hereby authorized and directed, for and in the name and on behalf of the Agency, to execute and deliver the Agreement in substantially the form on file with the Agency Secretary and the City Clerk and presented at this meeting, with such additions thereto or changes or insertions therein as may be approved by the Executive Director (such approval to be conclusively evidenced by such execution and delivery). P6402\0001\726347.1 -1- RESOLUTION NO. 479 Section 6. The officers of the Agency are hereby authorized and directed, jointly and severaily, to execute and deliver any and all necessary documents and instruments and to do all things which they may deem necessary or proper in order to effectuate the purposes of this Resolution and the transaction contemplated hereby; and any such actions previously taken by such officers are hereby ratified, confirmed and approved. PASSED, APPROVED and ADOPTED this 25`h day of September, 2003, by the following vote to wit: AYES: CRITES, RELLY, SPIEGEL, BENSON NOES: xartE ABSENT: �xcusox ABSTAIN: xorrE � . Benson, Chairman ATT�ST: � A �� � —=' � I� i��!'� c . � s P6402\0001\726347.1 -2-