Laserfiche WebLink
Section 2. The City Council has duly considered all of the terms and conditions <br />of the proposed sale, and believes that the proposed sale is in the best interests of the <br />City and the health, safety, morals and welfare of its residents, and in accord with the <br />public purpose and provisions of applicable state and local laws and requirements; and <br /> <br /> Section 3. The City Council hereby finds and determines that the consideration <br />for the sale of the Properties pursuant to the terms a nd conditions of the Affordable <br />Housing Partnership Agreement is not less than the fair market value of the Properties. <br /> <br /> Section 4. The sale of the Properties by the Agency to Habitat upon the terms <br />and conditions contained in the Affordable Housing Partnership Agreement is hereby <br />approved. <br /> <br /> Section 5. The Clerk of the Council shall attest to and certify the vote adopting <br />this Resolution. <br /> <br />ADOPTED this 2nd day of September, 2003. <br /> <br />APPROVED AS TO FORM: <br />Joseph W, Fletcher, City Attorney <br /> <br />Lisa E. Storck <br />Assistant City Attorney <br /> <br />AYES: <br /> <br />NOES: <br /> <br />ABSTAIN: <br /> <br />Councilmembers: <br />Councilmembers: <br />Councilmembers: <br /> <br />NOT PRESENT: Councilmembers: <br /> <br />Alvarez, Bist, Franklin, Garcia, Pulido, Solorio (6) <br />None (0) <br /> <br />None (0) <br />Christy (1) <br /> <br />Resolution No. 2003-073 <br /> Page 3 of 4 <br /> <br /> <br />