City Council

U. APPROVAL OF AN ASSIGNMENT AND ASSUMPTION OF EXISTING SUBDIVISION\nIMPROVEMENT AGREEMENT (24N193) AND SECURITIES FOR TRACT MAP 38049 BY\nSISTER CITY INVESTMENTS, INC., A CALIFORNIA CORPORATION, FROM AG LAND\nINVESTMENTS LLC, A CALIFORNIA LIMITED LIABILITY COMPANY\nRECOMMENDATION:\nAdopt Resolution entitled, “A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nPALM SPRINGS, CALIFORNIA, APPROVING THE ASSIGNMENT AND ASSUMPTION OF\nTHE SUBDIVISION IMPROVEMENT AGREEMENT (24N193) AND SECURITIES FOR\nTRACT MAP 38049 BY SISTER CITY INVESTMENTS, INC., A CALIFORNIA\nCORPORATION, FROM AG LAND INVESTMENTS LLC, A CALIFORNIA LIMITED\nLIABILITY COMPANY, FOR PROPERTY LOCATED AT 2700 E ALEJO ROAD, IN\nSECTION 12, TOWNSHIP 4 SOUTH, RANGE 4 EAST.”