HomeMy WebLinkAboutR30750 Exchange Agreement and Jt Escrow Timothy R. Palmer & Lee Anna Palmer (44845 & 44900 San Clemente Cl) 04/14/2011Contract No. R30750
PALM DESERT REDEVELD-prtNTNCY
CONTIN
STAFF REP RE` PAS3E.bT0 2%? REAr,1r!V-4— ..
REQUEST: RECOMMENDATION FOR APPROVAL OF EXCHANGE AGREEMENT
AND JOINT ESCROW INSTRUCTIONS BETWEEN PALM DESERT
REDEVELOPMENT AGENCY AND TIMOTHY R. PALMER AND LEE
ANNA PALMER, AS TRUSTEES OF THE TIMOTHY R. AND LEE ANNA
PALMER REVOCABLE TRUST DATED NOVEMBER 25, 1996.
SUBMITTED BY: Bryce L. White, Project Administrator
DATE: April 14, 2011
Recommendation
By Minute Motion:
That the Agency Board continue the public hearing for the Exchange Agreement
and Joint Escrow Instructions between Palm Desert Redevelopment Agency and
Timothy R. Palmer and Lee Anna Palmer, as Trustees of the Timothy R. and Lee
Anna Palmer Revocable Trust dated November 25, 1996, to the April 28, 2011
Agency Board meeting.
The Palmers have not yet accepted the terms of the Exchange Agreement and staff
requests a continuance to continue negotiations.
Submitted By:
Br it , Project Administrator
Department Head:
us 'n McCarthy, ACM R lopment
val:
J M. Wohlmuth, Executive Director
L
Martin Alvarez, Red velopment Manager
G:VdalBryce WhiteWessandro Alley Palmer SR 4-14-2011.doc
NOTICE OF PUBLIC HEARING
PALM DESERT REDEVELOPMENT AGENCY
NOTICE IS HEREBY GIVEN pursuant to Section 33431 of the California Community
Redevelopment Law (Health and Safety Code Section 33000, et seq.) that on April 14, 2011 at
4:00 p.m. or as soon as practical thereafter in the City Council Chambers located at Palm Desert
City Hall, 73-510 Fred Waring Drive, Palm Desert, California, a public hearing will be held
before the Palm Desert Redevelopment Agency ("Agency"). At this public hearing the Agency
will receive public comment and testimony concerning a proposed Exchange Agreement and
Joint Escrow Instructions Between Palm Desert Redevelopment Agency and Timothy R.
Palmer and Lee Anna Palmer, as Trustees of the Timothy R. and Lee Anna Palmer
Revocable Trust Dated November 25, 1996 ("Palmer"). This Agreement provides for a 16,057
square foot portion of the real property identified as APN 627-071-023-2, and located at 44-845
San Clemente Circle, which is now owned by the Agency ("Agency Property"), to be exchanged
for real property identified as APN 627-074-006, located at 44-900 San Clemente Circle, which
is now owned by Palmer ("Palmer Property"). The Agency's proposed purchase of the Palmer
Property is for a redevelopment purpose and a public use, namely the Alessandro Alley
Improvement Project. The Agreement will be presented to the Agency at the public hearing, and
a copy of the proposed Agreement will be available for inspection and copying (at a cost not to
exceed the cost of duplication) at the Office of the Secretary of the Palm Desert Redevelopment
Agency, located at 73-510 Fred Waring Drive, Palm Desert, California, no Iater than March 16,
2011.
All interested persons are invited to attend and provide testimony and comments to the Agency
concerning the proposed Agreement. You are hereby advised that should you desire to legally
challenge any action taken by the Agency with respect to the proposed Agreement, you may be
limited to raising only those issues and objections which you or someone else raised at or prior to
the time of the public hearing.
Dated: March 16, 2011
D. Klassen, �etaryRachelle
Palm Desert Redevelopment Agency
—An') nnnnil11co17.,t Any
Martinez, Gloria
From: Moeller, Charlene [CMOELLER@palmspri.gannett.coml
Sent: Wednesday, March 16, 2011 3:06 PM
To: Martinez, Gloria
Subject: RE: Legal Notice - PH 04/14111 Palmer Xchng Agmt & Jt Escrow Instructions (Alessandro
Alley Imprvmnt Prjct)
Ad received and will publish on date(s) requested.
Charlene Moeller j Media Sales Legal Notice Representative
The Desert Sun Media Group
750 N. Gene Autry Trail, Palm Springs, CA 92262
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Sent: Wednesday, March 16, 2011 2:55 PM
To: tds-legals
Cc: moreilly a'cityofpalmdesert.o�; pleo!Ia,cityofpolmdeseit:ora: bwhi_t_e:d:crtyofpalmdesert.org
Subject: Legal Notice - PH 04/14/11 Palmer Xchng Agmt & Jt Escrow Instructions (Alessandro Alley Imprvmnt Prjct)
PLEASE PUBLISH THE FOLLOWING:
NOTICE OF PUBLIC HEARING
At this public hearing the Agency will receive public comment and testimony concerning a proposed
Exchange Agreement and Joint Escrow Instructions Between Palm Desert Redevelopment Agency and
Timothy R. Palmer and Lee Anna Palmer, as Trustees of the Timothy R. and Lee Anna Palmer Revocable
Trust Dated November 25, 1996.
THREE TIMES IN THE DESERT SUN
Friday, March 18, 2011
Thursday, March 31, 2011
Thursday, April 7, 2011
If you have any questions or require additional information, please give me a call.
-m. �"Ot, YWa�v ver r
Records Technician
City of Palm Desert
73-510 Fred Waring Drive
Palm Desert, California 92260