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HomeMy WebLinkAboutMINUTES - 08121986 - 1.35 TO: BOARD OF SUPERVISORS/REDEVELOPMENT AGENCY FROM: PHIL BATCHELOR, COUNTY ADMINISTRATOR/EXECUTIVE DIRECTOR contra DATE: JUNE 26, 1986 CWSCounty SUBJECT: AMENDMENT OF PURCHASE AND SALE AGREEMENT FOR VACATED COUNTY RIGHTS-OF-WAY TO THE REDEVELOPMENT AGENCY .SPECIFIC REQUEST(S) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION RECOMMENDED ACTION: A. Action of Contra Costa County 1, Approve and authorize the chairman of the Board of Supervisors to execute the attached amendment to that certain purchase and Sale Agreement between the County and the Redevelopment Agency dated December 17, 1985. 2. Direct that .the Clerk of the Board return Promissory Notes of the Agency marked Exhibits A-2, A-3 and A-4 attached to that certain Repayment Agree- ment between County and Agency dated January 17, 1984, to the Agency's Executive Director or his designee. B. Action of the Agency 1. Approve and authorize the Executive Director or his designee to execute the attached amendment to that certain Purchase and Sale Agreement between Contra Costa County and Agency dated December 17, 1985. . 2. Authorize the Executive Director or his designee to execute such other documents and take such actions as are reasonably necessary to carry out the terms of the Purchase and Sale Agreement as amended. FINANCIAL IMPACT Reduces the Redevelopment Agency's debt to the County by $140,588.00 for Property which the County is unable to convey. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF CAO/EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMI EE APPROVE SIGNATURE(S): ACTION OF BOARD/AGENCY qa4gd4ell 1,21 /Q 6 APPROVED AS RECOMMENDED_x OTHER VOTE OF SUPERVISORS/AGENCY MEMBERS X UNANIMOUS (ABSENT_) I HEREBY CERTIFY THAT THIS IS A TRUE AND AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS/REDEVELOPMENT AGENCY ON THE DATE .SHOWN./� Y�ff:RtOfWay.BO ATTESTED (,G PHIL BATCHELOR, CLERK OF THE BOARD CC : Distributior_ via OF SUPERVISORS, COUNTY ADMINISTRATOR, Redeveloprnert REDEVELOPMENT AGENCY SECRETARY AND EXECfUTIVE DIRECTOR BY C/` ���� DEPUTY tiAmendment of Purchase and Sale Agreement For June 26, 1986 Vacated County Rights-of-Way to the RDA Page 2 REASONS FOR RECOMMENDATION/BACKGROUND On December 17, 1985, the County and Redevelopment Agency entered into a Purchase and Sale Agreement to convey certain vacated rights-of-way in the Pleasant Hill BART Station Area from the County. to the Redevelopment Agency. Subsequent to conveyance of several of the vacated rights-of-way , it was discovered that some or all of certain parcels (designated as P-5, P-6 and P-8) are in the City of Pleasant Hill and owned by the City. Staff, therefore, is recommending that the error be corrected. ra2:RtOfWay.BO