CRA 85-05-13 MINUTES OF A MEETING OF THE
CYPRESS REDEVELOPMENT AGENCY
HELD
May 13,1985
Chairman Kanel called the meeting of the Cypress Redevelopment Agency to order at 9:50
p.m., on Monday, May 13, 1985, in the Cypress City Council Chambers, 5275 Orange Avenue,
Cypress, California.
PRESENT: Agency Members Mullen, Partin and Kanel
ABSENT: Agency Members Coronado and Lacayo
MINUTES: It was moved by Member Mullen, seconded by Member Partin, and unanimously
carried to approve the minutes of April 22, 1985.
CONSIDERATION OF RESOLUTION APPROVING THE PROPERTY OPTION AGREEMENT
BETWEEN THE CYPRESS SCHOOL DISTRICT AND THE CYPRESS REDEVELOPMENT
AGENCY FOR CYPRESS ELEMENTARY SCHOOL AND AUTHORIZING THE EXECUTION
AND ACKNOWLEDGMENT THEREOF: A staff report was presented dated May 1, 1985. As
part of the preliminary application for the Federal Department of Housing and Urban
Development 202/8 program, a property option is necessary to indicate evidence of site
control, which permits the purchase of a portion of the Cypress Elementary School site, not
less than 1.3 acres of land.
CONSIDERATION OF RESOLUTION GRANTING AN OPTION IN FAVOR OF THE CITY OF
CYPRESS TO PURCHASE A PORTION OF THE CYPRESS ELEMENTARY SCHOOL AND
AUTHORIZE CERTAIN ACTIONS IN CONNECTION THEREWITH: A staff report was
presented dated May 1, 1985. Because CDBG money has been awarded to the City of Cypress
for Land Acquisition and Site Improvements, staff has determined that the City should be
included as one of the parties for a brief period during the sale transaction of the senior
housing site.
It was moved by Member Mullen and seconded by Member Partin to adopt the Resolutions by
titles only, titles as follow, approving the Property Option Agreement between the Cypress
School District and the Cypress Redeveloment Agency for Cypress Elementary School and
authorizing the execution and acknowledgment thereof and granting an option in favor of the
City of Cypress to purchase a portion of the Cypress Elementary School site.
RESOLUTION NO. CRA-21
A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY APPROVING THE
PROPERTY OPTION AGREEMENT BETWEEN THE CYPRESS SCHOOL DISTRICT AND
THE CYPRESS REDEVELOPMENT AGENCY FOR A PORTION OF CERTAIN REAL
PROPERTY COMMONLY KNOWN AS CYPRESS ELEMENTARY SCHOOL AND
AUTHORIZING THE EXECUTION AND ACKNOWLEDGMENT THEREOF.
RESOLUTION NO. CRA-22
A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY GRANTING AN
OPTION IN FAVOR OF THE CITY OF CYPRESS TO PURCHASE A PORTION
OF CERTAIN REAL PROPERTY KNOWN AS CYPRESS ELEMENTARY SCHOOL
AND AUTHORIZING CERTAIN ACTIONS IN CONNECTION THEREWITH.
The motion unanimously carried by the following roll call vote:
AYES: 3 AGENCY MEMBERS: Mullen, Partin and Kanel
NOES : 0 AGENCY MEMBERS: None
ABSENT: 2 AGENCY MEMBERS: Coronado and Lacayo
ADJOURNMENT: There being no further business, Chairman Kanel adjourned the meeeting
at 9:53 p.m.
CHAIRMAN
ATTEST:
SECRETARY