HomeMy WebLinkAboutMINUTES - 02142006 - C.73 C .
7.3
TO: REDEVELOPMENT AGENCY
Contra
Costa
FROM: JOHN SWEETEN, EXECUTIVE DIRECTOR County
DATE! FEBRUARY 14, 2006
SUBJECT: Approve Purchase and Sale Agreement for 223 Parker Avenue, in the Rodeo
Redevelopment Project Area, Rodeo, CA.
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
I. Recommended Action:
A. APPROVE Purchase and Sale Agreement and ACCEPT the Grant Deed from Ming Shun
Eng, Donald Eng, Paul Chong, Lai King Chong, and David Chong for the purchase of the
property at 223 Parker Avenue (APN 357-161-013).
B. AUTHORIZE the Redevelopment Director to execute said Purchase and Sale Agreement on
behalf of the Redevelopment Agency.
C. APPROVE payment of $1,575,200 for said property rights and AUTHORIZE the Auditor-
Controller to issue a check in said amount payable to First American Title Company, 1850
Mt. Diablo Blvd., Suite 300, Walnut Creek, CA 94596, Escrow No. 167796, to be forwarded
to the Real Property Division for delivery.
D. DIRECT the Real Property Division to have the above referenced Grant Deed recorded in the
Office of the County Recorder.
E. DETERMINE that the activity, acquiring real property, is exempt from the California
Environmental Quality Act (CEQA) pursuant to Section 15061 (b) (3) of the CEQA guidelines;
and Direct the Redevelopment Agency to arrange for payment of the $25.00 handling fee to
the County Clerk for filing of the Notice of Exemption.
II. Financial Impact:
The activity is included in the Redevelopment Agency's adopted budget. No General Funds will
be involved. The purchase price of $1,575,200 is supported by an appraisal completed for the
Agency.
CONTINUED ON ATTACHMENT: X YES SIGNATURE -W '� r
.—`RECOMMENDATION OF COUNTY ADMINISTRATOR RECO EN ATiON OF/ ARD COMMITTEE
---`APPROVE OTHER
SIGNATURES
I
ACTION OF AG Y IIG' APPROV D A RECOMME DED _OTHER_
VOTE OF COMMISSIONERS I HEREBY RTIFY THAT THIS IS A TRUE AND
UNANIMOUS(ABSENT ) CORRECT COPY OF AN ACTION TAKEN AND
AYES: NOES: ENTERED ON THE MINUTES OF THE BOARD OF
ABSENT: ABSTAIN: SUPERVISORS ON THE DATE SHOWN
Contact: David Griffith, Redevelopment Div.335-7232 ATTESTED
Karen Laws, Public Works Dept.313-2222
JOHN SWEETEN,AGE C ECRETARY
Orig. Div: Redevelopment
cc: Public Works Department(R/P)
County Administrator BY � , DEPUTY
Auditor-Controller(via R/P)
P.W..Accounting
Real Property
H:\Rodeo\Capilallmprovements\TownPlazaDevelopment\acquisition\PacificFoods
Acquisition\Pac.Foods_BOS.FINAL-Feb14,2006.doc