HomeMy WebLinkAboutRDA RES 505RESOLUTION NO. 505
A RESOLUTION OF THE PALM DESERT REDEVELOPMENT
AGENCY AFFIRMING ITS INTENTION THAT CERTAIN
PROPETY BE USED FOR THE DEVELOPMENT OF
HOUSING AFFORDABLE TO PERSONS AND FAMILIES OF
LOW AND MODERATE INCOME
Section 1. On August 15, 2000, the Palm Desert Redevelopment Agency
acquired certain property identified as Assessor's Parcel No. 625-061-022 & 021. The
Agency acquired such property for the development of housing affordable to persons and
famiiies of low and moderate income. Agency staff has initiated certain activities consistent
with the development of the property for that purpose, but such activities to date have been
unsuccessful.
Section 2. The Agency Board hereby extends the period during which the
Agency may retain the above-described property to August 15, 2010. The Agency Board
hereby affirms its intention that the property be used for the development of housing
affordable to persons and families of low and moderate income.
PASSED, APPROVED, and ADOPTED by the Palm Desert Redevelopment
Agency, this 13th day of October, 2005, by the following vote, to wit:
AYES: BENSON, KELLY, SPIEGEL, FERGUSON
NOES: NONE
ABSENT: CRITES
ABSTAIN: NONE
Jim er o V' e Chair
Pal De development Agency
ATTEST:
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