HomeMy WebLinkAboutRDA RES 498RESOLUTION NO. 498
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 residential structures located at 43-880 Yellow Sage Drive, 43-820
Blueberry Lane, and 43-980 Blueberry Lane in the City of Palm Desert, California
(the "Property"). The Agency proposes to sell the Properties 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
Properties qualifies as a"small housing project" as that term is defined in Health
and Safety Code 33013.
Section 4. Pursuant to its Resolution No. 498, 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).
P6902\0001\726347.1 -�-
�
RESOLUTION NO. 498
Section 6. The officers of the Agency are hereby authorized and
directed, joint�y and severally, 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 10th day of February,
2005, by the following vote to wit:
AYES: BENSON, FERGUSON, KELLY, and CRiTES
NOES: NONE
ABSENT: NONE
ABSTAIN: SPIEGEL
BUF D A. CRITES, CHAIRMAN
ATTEST:
� ����''��' �' 1
��.� . - �..r! �- ��
��, �- ��� � � �,.
P6902\0001\726347.1 -2-