CRA 89-06-05 MINUTES OF A MEETING OF THE CYPRESS
REDEVELOPMENT AGENCY
HELD
June 5, 1989
Agency Vice Chairman Kanel called the meeting of the Cypress Redevelopment
Agency to order at 5:55 p.m. on Monday, June 5, 1989 in the Administrative
Conference Room, West Wing of the City Hall, 5275 Orange Avenue, Cypress,
California.
PRESENT:Agency Members Age, Arnold, Kerry and Kane]
ABSENT: None
CONSIDERATION OF AGENCY AUTHORIZATION TO OPEN ESCROW FOR ASSESSOR's PARCEL
NUMBER 244-451-24 (MR. & MRS. MICHAEL GONZALES): The staff report prepared
June 2, 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 Age to: 1)
Approve the acquisition of fee simple merchantable title to Assessor's Parcel
No. 244-451-24 for $357,000, 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
24, 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:
AYES:4 AGENCY MEMBERS: Age, Arnold, Kerry and Kane]
NOES:0 AGENCY MEMBERS: None
ABSENT:0 AGENCY MEMBERS: None
ADJOURNMENT:Agency Vice Chairman Kanel adjourned the meeting at 5:59 p.m.
VICE CHAIRMP OF THE'(YPRESS
REDEVELOPME AGENCY
ATTEST:
SECRE-rkR'Y'bt' ESS REDEVELOPMENT
AGENCY