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CRA - 49RESOLUTION NO. CRA-49 A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY AUTHORIZING TRANSMITTAL OF THE PROPOSED PRELIMINARY REPORT FOR THE LOS ALAMITOS RACE TRACK AND GOLF COURSE REDEVELOPMENT PROJECT WHEREAS, the Cypress Redevelopment Agency (the "Agency") has prepared a Preliminary Report (the "Report") for the Los Alamitos Race Track and Golf Course Redevelopment Project; and WHEREAS, the Report was prepared pursuant to the requirements of the Community Redevelopment Law (Health and Safety Code Section 33000 et seq.); and WHEREAS, the Preliminary Report shall be transmitted to each affected taxing entity in accordance with Section 33344.5 of the Community Redevelopment Law; and WHEREAS, said Preliminary Report shall be reviewed by said taxing entities in determining whether to call for the formation of a fiscal review committee. NOW, THEREFORE, THE CYPRESS REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1: The proposed Preliminary Report for the Los Alamitos Race Track and Golf Course Redevelopment Project, copies of which have been presented to this body as of the date of this Resolution, are hereby approved for transmittal to the representative of Orange County and to the various affected taxing agencies, as required by law. SECTION 2: The Executive Director of the Agency is hereby authorized and directed to make such transmittals. PASSED AND ADOPTED by the governing body of the Cypress Redevelopment Agency on the 12th day of February 1990. 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 12th day of February 1990, by the following roll call vote: AYES: 4 AGENCY MEMBERS: Arnold, Bowman, Kerry and Kanel NOES: 0 AGENCY MEMBERS: None ABSENT: 1 AGENCY MEMBERS: Age .... S~-ETARY/ CYPRESS REDEVELOPMENT AGENCY