HA Resolution 2021-002 APN 770-174-002; 51319 Washington St, Coronel Enterprises Inc
RESOLUTION NO. HA 2021 – 002
A RESOLUTION OF THE LA QUINTA HOUSING
AUTHORITY OF THE CITY OF LA QUINTA,
CALIFORNIA, APPROVING AN AGREEMENT FOR
PURCHASE AND SALE AND ESCROW
INSTRUCTIONS BETWEEN THE LA QUINTA
HOUSING AUTHORITY AND CORONEL
ENTERPRISES INC., FOR CERTAIN VACANT
PROPERTY IDENTIFIED AS ASSESSOR’S PARCEL
NUMBER 770-174-002; ADDRESS: 51319
WASHINGTON STREET
WHEREAS, Coronel Enterprises Inc., (“Buyer”) intends to purchase a
vacant parcel identified as Assessor’s Parcel Number 777-174-002
(“Property”), and will maintain the Property in its “As-is” condition to preserve
the mountain views from their adjacent residence, and agree to maintain the
Property to City Municipal Code standards; and
WHEREAS, the La Quinta Housing Authority (the “Authority”) is a public
body, corporate and politic, organized and existing under the California
Housing Authorities Law (California Health and Safety Code Section 34200 et
seq.); and
WHEREAS, pursuant to California Health and Safety Code Section
34315, the Authority has the power to sell, lease, exchange, transfer, assign,
pledge, or dispose of any real or personal property or any interest in it; and
WHEREAS, the Authority determined through Resolution No. HA 2017
– 005 and at a special meeting on July 2, 2019 to sell this vacant parcel for
market-rate housing and deposit the sale proceeds into the Low- and
Moderate- Income Housing Fund; and
WHEREAS, there is an appraisal of the current fair market value of
comparable properties indicating that the negotiated purchase price reflects
the current fair market value thereof; and
WHEREAS, the Authority now desires to authorize the Executive
Director to authorize disposition of the Property for $160,000; and
WHEREAS, the purchase and sale of the Property is subject to a
Purchase and Sale Agreement, attached to the staff report for this Resolution,
Resolution No. HA 2021-002
Agreement for Purchase and Sale and Escrow Instructions – Coronel Enterprises Inc.
APN: 770-174-002; Address: 51319 Washington Street
Adopted: April 20, 2021
Page 2 of 3
and on file with the City Clerk’s Office, and incorporated herein by reference;
and
WHEREAS, this Resolution has been reviewed with respect to
applicability of the California Environmental Quality Act (“CEQA”), the State
CEQA Guidelines (California Code of Regulations, Title 14, Sections 15000 et
seq., hereafter the “State CEQA Guidelines”), and the City’s environmental
guidelines; and
WHEREAS, pursuant to Section 15301 of the State CEQA Guidelines,
the transfer of the Property is exempt from environmental review under CEQA
because the transfer will result in a continuation of the existing use for
development of single-family homes and is therefore exempt from
environmental review; and
WHEREAS, all of the prerequisites with respect to the approval of this
Resolution have been met.
NOW, THEREFORE, BE IT RESOLVED by the La Quinta Housing
Authority, as follows:
SECTION 1. The foregoing recitals are true and correct and are
incorporated herein by this reference.
SECTION 2. The Authority hereby approves the Purchase and Sale
Agreement, attached to the staff report for this Resolution and on file with the
City Clerk’s Office. The Authority consents to the Authority’s Executive
Director and Authority’s Legal Counsel making any final modifications to the
Agreement that are consistent with the substantive terms of the Agreement
approved hereby, and to thereafter sign the Agreement and transfer the
property pursuant to a Grant Deed on behalf of the Authority.
SECTION 3. The Authority’s Executive Director is authorized to
effectuate the conveyances described in Section 2, at such time as the
conveyances is effectuated, and to take such other and further actions, and
execute such other and further documents, as are necessary and proper in
order to implement this Resolution on behalf of the Authority.
SECTION 4. The Authority Secretary shall certify to the adoption of this
Resolution.
Resolution No. HA 2021-002
Agreement for Purchase and Sale and Escrow Instructions - Coronel Enterprises Inc.
APN: 770-174-002; Address: 51319 Washington Street
Adopted: April 20, 2021
Page 3 of 3
PASSED, APPROVED and ADOPTED at a regular meeting of the La
Quinta Housing Authority held this 20th day of April, 2021, by the following
vote:
AYES: Authority Members Evans, Pena, Radi, Sanchez,
Chairperson Fitzpatrick
NOES: None
ABSENT: None
ABSTAIN: None
KAT LEEN FITZPAT K, Chairperson
La Quinta Housing Authority, California
ATTEST:
MONIKA RADEVA, Authority Secretary
La Quinta Housing Authority, California
(AUTHORITY SEAL)
APPROVED AS TO FORM:
WILLIAM H. IHRKE, Authority Attorney
City of La Quinta, California