HomeMy WebLinkAboutMINUTES - 02261991 - 1.98 1-098
TO: BOARD OF SUPERVISORS
FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR
DATE: February 26, 1991
SUBJECT: Authorize Full Reconveyance - North Richmond Affordable Housing Project
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) &BACKGROUND AND JUSTIFICATION
I, Recommended Action:
AUTHORIZE the Board Chair to sign Full Reconveyance on behalf of the County, as Trustee of
the Deed of Trust executed by Stephen Long, Trustor, recorded June 12, 1989.
if. Financial Impact:
None
III. Reasons for Recommendations and Background:
On June 6, 1989, the Redevelopment Agency approved a Promissory Note with Stephen Long
for $1,545 in conjunction with the disposal of a small strip of land that was not required for the
North Richmond Affordable Housing Project. The note has been paid in full and the County, as
Trustee under the Deed of Trust securing said note, is now required to fully reconvey its interest.
Continued on Attachment: SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR
~ RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON FEB 26 1991 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
✓ UNANIMOUS (ABSENT )
AYES: NOES:
ABSENT: ABSTAIN: I hereby certify that this Is a true and correct copy of
an action taken and entered on the minutes of the
RF:rs Board of Supervisors on thedal& own.
c:BOa26.t2 ATTESTED. FEB 26 T
PHIL BATCHELOR,Clerk of the Board
of Supervisors and County Administrator
Orig. Div: Public Works (R/P)
cc: County Administrator, (�tt�lC ;n d_ ��
Auditor-Controller
By ---- —--- - _ .Deputy
P. W. Accounting
Redevelopment Agency
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