RES-8115 Approving the Sale of Certain Real Property to the Redevelopment AgencyRESOLUTION NO. 8115
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ORANGE APPROVING THE SALE OF CERTAIN REAL
PROPERTY TO THE ORANGE REDEVELOPMENT AGENCY
AND AUTHORIZING EXECUTION OF AN AGREEMENT
Northeast Corner of Pixley and Almond)
WHEREAS, the City of Orange (the "City") owns certain real
property (the "Property") as described in Exhibit "A" to the
accompanying Agreement for the Sale of Property (Northeast
Corner of Pixley and Almond) (herein, the "Agreement"); and
WHEREAS, the City desires to sell the Property and the
Orange Redevelopment Agency (the "Agency") desires to purchase
the Property for a purchase price of $388,000; and
WHEREAS, the sale of the Property pursuant to the Agreemen'
is in the interests of the health, safety, and welfare of the
City;
NOW, THEREFORE, the Orange Redevelopment Agency does
resolve as follows:
1. The City Council approves and authorizes the City
Manager to execute the "Agreement for Sale of Property" in the
form attached hereto as Exhibit "A". Staff is authorized and
directed to take all appropriate action to effectuate the terms
of the foregoing Agreement.
PASSED, APPROVED AND ADOPTED this 17th day of November
1992.
CITY OF ORANGE, a municipal
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ATTEST:
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I hereby certify that the foregoing Resolution was
duly and regularly adopted by the City Council of the City of
Orange at a regular meeting thereof held on the 17th day of
November , 1992, by the following vote:
AYES:COUNCIL MEMBERS: STEINER, BARRERA. MAYOR BEYER, COONTZ, SPURGEON
NOES:COUNCIL MEMBERS: NONE
ABSENT:COUNCIL MEMBERS: NONE
ABSTAIN:COUNCIL MEMBERS: NONE
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11/05/92
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