HomeMy WebLinkAboutCC Reso No 2009-24Page 1 of 3
RESOLUTION NO. 2009-24
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LAKE ELSINORE, CALIFORNIA APPROVING THE SALE
OF CERTAIN REAL PROPERTY TO THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE
ELSINORE
WHEREAS, the Redevelopment Agency of the City of Lake Elsinore
(the "Agency"), a public body, corporate and politic, established pursuant to and
existing under the California Community Redevelopment Law (the "CRL"; Health and
Safety Code Section 33000 et seq.), was created by the City Council of the City of
Lake Elsinore (the "City"); and
WHEREAS, the Agency is undertaking activities necessary for the
implementation of the Redevelopment Plan (the "Redevelopment Plan") for the
Rancho Laguna Redevelopment Project Area No. I; and
WHEREAS, the City is authorized pursuant to authority provided under
CRL Section 33220 to sell property to the Agency; and
WHEREAS, the City owns certain real property identified on the
Property Map attached hereto as Exhibit "A" (the "Property") which is in the
Redevelopment Project Area No. I ("Project Area"); and
WHEREAS, the City Council desires to convey the Property to the
Agency and finds that the sale of the Property to the Agency will aid in
redevelopment of the Project Area consistent with the Redevelopment Plan by
providing an opportunity for the development of a proposed affordable housing
project consisting of approximately 111 very-low income dwelling units and two
(2) resident manager units.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE
ELSINORE DOES HEREBY RESOLVE, DETERMINE AND ORDER AS
FOLLOWS:
SECTION 1. The City Council agrees to sell the Property to the
Agency for Six Hundred Eight Thousand One Hundred Ninety Two Dollars
($608,192).
SECTION 2. The City Council authorizes the City Manager to execute
the grant deed in favor of the Agency, to accept payment, and to execute such other
documents as may be reasonably necessary or prudent to complete this transaction
as provided in this Resolution.
Resolution No. 2009-24
Page 2 of 3
SECTION 3. The effective date of this Resolution shall be the date of
its adoption.
PASSED, APPROVED AND ADOPTED this 26th day of May, 2009.
ATTEST:
DEBORA THOMSEN 1888
CITY CLERK s dp.. : T)
APPROVED AS TO FORM:
BARBARA LEIBOLD
CITY ATTORNEY
Resolution No. 2009-24
Page 3 of 3
STATE OF CALIFORNIA
COUNTY OF RIVERSIDE SS
CITY OF LAKE ELSINORE
I, Debora Thomsen, City Clerk of the City of Lake Elsinore, California, hereby
certify that Resolution No. 2009-24 was adopted by the City Council of the City of
Lake Elsinore, California, at a regular meeting held on the 26th day of May 2009, and
the same was adopted by the following vote:
AYES: Bhutta, Buckley, Hickman, Magee, Melendez.
NOES: None.
ABSENT: None.
ABSTAIN: None.
DEBORA THOMSEN
CITY CLERK
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