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HomeMy WebLinkAboutMINUTES - 10082002 - C.79 . Contra ',' Costa TO: REDEVELOPMENT AGENCY Y ' ,qtr u 'ty FROM: John Sweeten . 17 Executive Director DATE: October 8, 2002 SUBJECT: Las Juntas Swim Club Option Agreement SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION APPROVE and AUTHORIZE the Redevelopment Director to execute an Amendment to option Agreement by and among the Contra Costa County Redevelopment Agency of the Las Juntas Swim Club and other minority owners as specified. FISCAL IMPACT None. No general funds are involved. The Amendment extending the term of the Option Agreement is costless to the Redevelopment Agency. BACKGROUND On December 28,2001 The Redevelopment Agency entered into an Option Agreement to purchase the Las Juntas Swim Club in the vicinity of the Pleasant Hill BART Station Area. The Option Agreement provided for an option period of 244-days. Due to delays in securing a Land Use Permit from the City of Walnut Creek an extension to the option period was requested of the Las Juntas Swim Club for an additional 180-days(to February 21,2003). The Las Juntas Swim Club Board of Directors has agreed to the extension. The recommended Amended to Option Agreement provides the legal basis for this extension of term. CONTINUED ON ATTACHMENT: YES SIGNATURE: ,-RECOMMENDATION OF EXECUTIVE DIRECTOR ! RECOM f NDATION OF AGENCY COMMITTEEPPROVE OTHER SIGNATURES)� - ! ACTION OF AGE N ' October 8, 2072 APPROVED AS RECOMMENDED x OTHER VOTE OF COMMISSIONERS 1 HEREBY CERTIFY THAT THIS IS A X UNANIMOUS (ABSENT None ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT AGENCY ON THE DATE SHOWN. Contact: Jim Kennedy 335-1255 orig: Redevelopment Agency ATTESTED October 8, 2002 cc: County Administrator's Office JOHN SWEETEN County Counsel AGENCY SECRETARY via: Redevelopment Goldfarb & Lipman Las Juntas Swim Club BY ! Wtii.& jQLk , DEPUTY W:Personal\BOARDORDERS\Board.RDA.optionlasjuntas.10.02