HomeMy WebLinkAboutRDA RES 506RESOLUTION NO. 506
A RESOLUTION OF THE PQLM DESERT REDEVELOPMENT AGENCY
DESIGNATING THE PALM DESERT HOUSING AUTHORITY AS THE
— OPERATOR OF COUNTRY VILLAGE APARTMENTS 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 acquired an additional 66
rental housing units located in the City of Palm Desert currently known as Country Village
Apartments.
Section 2. The Agency hereby designates the Palm Desert Housing Authority as
operator of the additional 66 acquired rental housing units for and on behalf of the Agency.
Such designation shall be effective at the close of escrow of such 66 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, including but not
limited to, entering into an agreement or agreements with a private management company
or companies, while being consistent with federal tax regulations pertaining to tax-exempt
bonds.
PASSED, APPROVED AND ADOPTED this 13�' day of October, 2005.
AYES: BENSON, KELI.Y, SPIEGEL, FERGUSON
NOES: NONE
ABSENT: cxzTEs
ABSTAIN: NONE
ATTEST:
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