CRA - 45RESOLUTION NO. CRA-45
A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY AUTHORIZING AND
DIRECTING AGENCY STAFF TO PREPARE A PRELIMINARY REPORT FOR THE
LOS ALAMITOS RACE TRACK AND GOLF COURSE REDEVELOPMENT PROJECT
WHEREAS, the Cypress Redevelopment Agency (the "Agency")
has initiated the formation of a Redevelopment Project in the
City; and
WHEREAS, in accordance with Section 33344.5 of the
California Health and Safety Code a Preliminary Report regarding
the pr'oposed Project shall be prepared for transmittal to the
various taxing agencies affected by the formation of the Project;
and
WHEREAS, the Preliminary Report shall contain the reasons
for the selection of the Project Area; a description of the
physical, social and economic conditions in the Project Area; a
preliminary assessment of the proposed method of financing the
redevelopment of the Project Area; a description of the specific
project proposed to be undertaken; and a description of how the
proposed project will alleviate the conditions of blight in the
Project Area.
NOW, THEREFORE, THE CYPRESS REDEVELOPMENT AGENCY DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1: Agency staff is hereby authorized and
directed to prepare the Preliminary Report required by Section
33344.5 of the California Health and Safety Code for the Los
Alamitos Race Track and Golf Course Redevelopment Project.
SECTION 2: Upon completion the Preliminary Report, Staff
shall transmit the Report to the Agency Board for review.
PASSED AND ADOPTED by the governing body of the Cypress
Redevelopment Agency on the 11th day of December 1989.
ATTEST:
CYPRESS REDEVELOPMENT AGENCY
CYPRESS REDEVELOPMENT AGENCY
STATE OF CALIFORNIA)
COUNTY OF ORANGE )
SS
I, DARRELL ESSEX, Secretary of the Cypress Redevelopment
Agency, DO HEREBY CERTIFY that the foregoing Resolution was duly
adopted at a regular meeting of said Agency held on the 11th day
of December 1989, by the following roll call vote:
AYES: 5 AGENCY MEMBERS: Arnold, Bowman, Kanel, Kerry
and Age
NOES: 0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
SEC ~q~ TAP~f
CYPRESS REDEVELOPMENT AGENCY