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HomeMy WebLinkAboutRDA Res 78-08 1978-04-24 . I I I ~ . r .. . RESOLUTION NU~mER 78-Jt A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH, CALIFORNIA APPROVING A SECOND AMENDr-1ENT TO PARTICIPATION AND DISPOSITION AGREEMENT FOR SEAL BEACH TRAILER PARK WHEREAS, a Participation and Disposition Agreement was entered into between the Agency and Seal Beach Associates dated July 25, 1977 for development of the Seal Beach Trailer Park; WHEREAS, Seal Beach Associates and Agency entered into a First Amendment to the Participation and Disposition Agreement dated as of January 30, 1978; WHEREAS, the South Coast Regional Coastal Commission has requested certain changes in the provisions~of the-Fir~t ~endment regarding Agency review of the rentals in the Seal Beach Trailer Park; WHEREAS, Seal Beach Associates and Agency have prepared a Second Amendment to the Participation and Disposition Agreement incorporating the changes requested by the South Coast Regional Coastal Commission; NOW, THEREFORE, the Redevelopment Agency of the City of Seal Beach hereby resolves as follows: Section 1: Agency hereby approves the Second Amendment to the Participation and Disposition Agreement and authorizes the Executive Director to execute such Second Amendment. Section 2: The Executive Director is hereby authorized to take all action necessary to carry out such Second Amendment and to take all other actions the Executive Director deems necessary in carrying out the Participation and Disposition Agreement, as amended. PASSED, APPROVED, AND ADOPTED by the Redevelopment Agency of tiYi,,ci ty of Seal Beach, California, at a meeting th of held on the ~ ~ day of April, 1978, by the follo 'ng vote: AYES: Agency Members NOES: Agency Members ABSENT: Agency Members -4->>r;:":V~~~' ~g :~:::.::r.) ~'11l9' 0. \. ,"!:;:~::V llO, J j) ~~, len? ,h':- '~(1 00000000 +~.? o.lo,,~:;:Y