CRA 89-05-22 MINUTES OF A MEETING OF THE
CYPRESS REDEVELOPMENT AGENCY
HELD
May 22, 1989
Agency Vice Chairman Kane] called the meeting of the Cypress Redevelopment
Agency to order at 11:40 p.m. on Monday, May 22, 1989 in the Cypress City
Council Chambers, 5275 Orange Avenue, Cypress, California.
PRESENT:Agency Members Age, Arnold, Kerry and Kanel
ABSENT: None
MINUTES: It was moved by Agency Member Kerry and seconded by Agency Member
Age to approve the minutes of March 27, 1989. The motion unanimously carried
by the following roll call vote:
AYES:4 AGENCY MEMBERS: Age, Arnold, Kerry and Kanel
NOES:0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
CONSIDERATION OF AGENCY AUTHORIZATION TO OPEN ESCROW OF ASSESSOR'S PARCEL
NUMBER 244-451-06 (MR. & MRS. RAYMOND J. BACA - 9381 WALKER STREET): The
staff report prepared May 17, 1989 indicated negotiations were completed on
the property and authorization is requested to approve the acquisition of the
property in order to open escrow.
It was moved by Agency Member Arnold and seconded by Agency Member Kerry to:
1) Approve the acquisition of fee simple merchantable title to Assessor's
Parcel No. 244-451-06 for $170,000, plus all escrow fees and related charges,
and relocation benefits and moving expenses reimbursements for which the
seller qualifies under California State law, subject to the terms and
conditions contained in the Agreement for Sale and Purchase of Real Property,
dated May 3, 1989, free and clear of all liens, encumbrances, covenants,
assessments, easements, leases, leasehold interests and taxes, excepting those
exceptions to title mutually agreed to in writing between both parties; and 2)
Authorize the Executive Director or his designee to forthwith take the
appropriate steps to open an escrow to acquire the subject property and
relocate the seller in accordance with California State law. The motion
unanimously carried by the following roll call vote:
AYE:4 AGENCY MEMBERS: Age, Arnold, Kerry and Kanel
NOES:0 AGENCY MEMBERS: None
ABSENT:0 AGENCY MEMBERS: None
ADJOURNMENT:Agency Vice Chairman Kanel adjourned the meeting at 11:41 p.m.
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VICE CHA AN OF THE CYPRE@S
REDEVELO NT AGENCY
ATTEST:
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