HomeMy WebLinkAboutRDA Res 69-09 Tabled
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RESOLUTION NUMBER 69-9
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THEI
,
CITY OF SEAL BEACH APPROVING AND AUTHORIZING J'HE
EXECUTION OF AN OWNER-PARTICIPATION AGREEMENn'
WITH SOUTHERN PACIFIC COMPANY AND MARCELLAI'
O'SULLIVAN, JOHN F. O'SULLIVAN, JOSEPH D./
O'SULLIVAN, WILLIAM E. 0' SULLIVAN, AND MARY
,
BERTA HOLLAND, FOR THE RIVERFRONT R~VELOP-
PROJECT. / .
The ency has undertaken redevelo ent activities pur-
the Ca 'fornia Community ent Law; and
has prepared a Redev. lopment Plan for the
edeve10pment proje and
WHEREAS,
suant to
WHEREAS,
proposed
I
WHEREAS, Said Redeve pro ides for the participation
in the redevelopment 0 the Project rea by the owners of property
therei~ if the owners ag e to rede elop their property in accor-
dance with the Redevelopm t Plan; and
WHEREAS, The Agency has pre ar tl rules governing the participation
by owners in the proposed Red elopment Project; and
WHEREAS, Southern Pacific
John F. O'Sullivan, Joseph
and Mary Roberta Holland
project area and desire
such property pursuant
Plan:
mp y and Marcella O'Sullivan,
. O'S llivan, William E. O'Sullivan,
e owner of certain property in the
o particip e in the redevelopment of
o the propose rules and the Redevelopment
NOW, THEREFORE, BE
"
.
.
ers Participation
a ached hereto as
her in is hereby
.
1.
Tha the proposed "Property
an Redevelopment Agreement"
E ibit "A" and incorporated
pproved.
1
That the Executive Director is here y authorized
to execute said Agreement with Southern Pacific
Company and Marcella O'Sullivan, John\r. O'Sullivan,
Joseph D. O'Sullivan, William E. O'Sull'van, and
. Mary Roberta Holland.
CZ'tY. of Seal Beach at a meeting thereof held on:the
by the following vote:
Pl., ES:
, ,
NOES:
1/ ABSENT:
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Chairman