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Resolution No. 2777RESOLUTION NO. 2777 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS ACCEPTING THE GRANT OF AN OPTION FROM THE CYPRESS REDEVELOPMENT AGENCY TO PURCHASE OR LEASE CERTAIN REAL PROPERTY KNOWN AS THE CYPRESS ELEMENTARY SCHOOL AND AUTHORIZING CERTAIN ACTIONS IN CONNECTION THEREWITH WHEREAS, on the date hereof, the Cypress Redevelopment Agency ("Agency") has adopted its Resolution No.CRA-19 granting an option in favor of the City of Cypress ("City") to purchase or lease certain real property commonly known as Cypress Elementary School located at 9031 Grindley Street, Cypress, California and more particularly described therein ("Property"); and WHEREAS, the City Council of the City desires to accept said grant of option and to authorize any and all actions necessary and appropriate in order to effectuate the transactions contemplated by said Resolution. NOW, THEREFORE, the City Council of the City of Cypress does hereby resolve as follows: Section 1. The City Council hereby accepts the grant of the option to purchase or lease the Property as set forth in the Resolution of the Agency described in the recitals hereinabove and hereby authorizes and directs the Mayor, the City Clerk, the City Manager and all officers actino on their behalf to take any and all actions which are necessary and appropriate in order to effectuate the transactions contemplated by said resolution of the Agency and the Option Agreement referred to therein as modified by said resolution of the Agency. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 9th day of April 1984. ATTEST: 1 z MAYOR OF THE CITY CITY CLERK OP THEiCITY OF CYPRESS STATE OF CALIFORNIA ) SS COUNTY OF ORANGE OF CYPRESS I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 9th day of April 1984, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Coronado, Kanel, Laceyo, Mullen, and Partin NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None >/ OF CITY CLER T, CITY OF CYPRESS