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CRA - 128RESOLUTION NO. CRA - 128 A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY APPROVING A GRANT DEED TO CONVEY CERTAIN REAL PROPERTY USED FOR RECREATION AND PARK PURPOSES TO THE CYPRESS RECREATION AND PARK DISTRICT. WHEREAS, the Cypress Redevelopment Agency ("Agency") is a public body, corporate and politic, organized and existing under the California Community Redevelopment Law (Health & Safety Code § 33000 et seq.); and WHEREAS, the Cypress Recreation and Park District is a special district organized and existing as a dependent special district under the laws of the State of California ("District"); and WHEREAS, the Agency, in accordance with California law, previously acquired certain real property within the Cypress Merged Redevelopment Project Area, a portion of which property (hereinafter, the "Property") later became the site for certain public recreation and park improvements -specifically the Cypress Senior Center; and WHEREAS, the Property subject to this Resolution is shown on Exhibit "A" attached hereto and by this reference incorporated herein; and WHEREAS, now that such recreation and park improvements have been completed on the Property, it is appropriate for the Agency to convey the Property to the District so that the Property can be both owned and managed by the District; and WHEREAS, the California Community Redevelopment Law, at Health and Safety Code Sections 33430 and 33431, authorized the Agency to convey the Property to the District; and WHEREAS, a joint public hearing of the Agency and District with respect to the conveyance was duly noticed in accordance with applicable law, including Health and Safety Code Section 33431, and was held on the matter of the proposed conveyance; and WHEREAS, all actions required to be taken by the Agency and District precedent to the adoption of this Resolution were duly and regularly taken in accordance with applicable law; NOW, THEREFORE, the Cypress Redevelopment Agency resolves as follows: Section 1. The foregoing Recitals are true and correct and incorporated herein. Section 2. The Agency finds and determines as follows: A. The conveyance of the Property to the District effectuates the purposes of the Cypress Merged Redevelopment Project by transferring to the District real property on which District operations occur, thereby relieving the Agency of liability which accompanies property ownership, and that the foregoing is adequate consideration for the conveyance by the Agency and that no monetary consideration is required. Section 3. The Agency approves the conveyance of the Property to the District and approves the form of Grant Deed therefore presented by Agency staff concurrent with consideration of this Resolution. The Agency Chairperson is authorized and directed to sign the Grant Deed on behalf of the Agency and the Agency Executive Director is authorized and directed to take such further actions, including but not limited to recordation of the Grant Deed, and sign such other and further documents to effectuate the purposes of this Resolution and of the Grant Deed. ADOPTED AND APPROVED by the Cypress Redevelopment Agency of the City of Cypress at a regular meeting held on the 9th day of July 2007. !/ V ~ C~ CHAI ERSON CYPRESS REDEVELOPMENT AGENCY ATTEST: SECRETARY CYPRESS REDEVELOPMENT AGENCY STATE OF CALIFORNIA ) COUNTY OF ORANGE ~ ss I, DENISE BASHAM, Secretary of the Cypress Redevelopment Agency, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said Redevelopment Agency held on the 9th day of July 2007, by the following roll call vote: AYES: 4 AGENCY MEMBERS: NOES: 0 AGENCY MEMBERS: Bailey, Mills, Narain, and Seymore None ABSENT: 1 AGENCY MEMBERS: Luebben F--~- SECRETARY CYPRESS REDEVELOPMENT AGENCY