R-340
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RESOLUTION NO. 340
(Redevelopment Agency)
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
SANTA MONICA, CALIFORNIA, APPROVING ACQUISITION POLICIES
AND PROCEDURES.
BE IT RESOLVED BY THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA MONICA
AS FOLLOWS:
SECTION I. That the ExecLltive Director or his designee is hereby
directed to proceed With real property acquisition,subject to availability
of funds, within the Downtown Redevelopment Project.
SECTION 2. That the Executive Director or his designee is hereby
authori zed to:
a. Approve on behalf of the Agency the appraisal reports
prepared and submitted by ROBERT M. LEA ASSOCIATES.
b Establish just compensation to be paid in the
acquisition of real property on the basis of the aforesaid approved appraisals.
c. Receive appropriate legal instruments for the
acquisition of real property on behalf of the Agency, provided, however, that
the acquisition thereof does not exceed the appraised price by a maximum of
10 percent
d. All real property acquisition shall be conducted in
accordance with the provisions of the California Relocation Assistance Act
and other applicable State laws.
ADOPTED and APPROVED this 28th
day of
June
, 1977.
L~~~~wJ
. Cha i rman
ATTEST
M~
John Jalili, Secretary
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Resolution No. 340
Redevelopment Agency
I hereby certify that the foregoing resolution was duly adopted by
the Redevelopment Agency of the City of Santa Monica at a special meeting thereof,
held on the 28th day of June, 1977.
AYES: Bambrick, Cohen, Scott, Trives, van den Steenhoven,
NOES: None
ABSENT: Reed, Swink
~JaL.L
John Jalili, Secretary
APPROVED AS TO LEGAL FORM
AND ADEQUACY'
~o.K~
Gene ra 1 Co{l\'nse I
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