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<br />. <br /> <br />. <br /> <br />. <br /> <br />CLOSED SESSION <br /> <br />At 5:54 p.m. the Agency Secretary announced that the Redevelopment Agency was <br />recessing to Closed Session pursuant to Government Code Section 54956.8 to <br />give instructions to the City's negotiator regarding negotiations with <br />Rosa Zakaria concerning the purchase of the property located at 410 North <br />Broadway. <br /> <br />REPORT FROM CLOSED SESSION <br /> <br />The Agency Members reconvened in the Council Chambers at 6:04 p.m. with all <br />Agency Members present. It was moved by Agency Member Pulido, seconded by <br />Agency Member McGuigan and carried unanil8Ously (4:0) that the Redevelopment <br />Agency: <br /> <br />Authorize the City Attorney to prepare and the Agency Chairman to sign an <br />agreement with Rosa Zakaria for her interest in the building at 410 North <br />Broadway in the amount of $35,000, plus $10,000 in relocation expenses; <br />authorize entering into a lease agreement; and authorize an appraisal of the <br />property. <br /> <br />ADJOURNMENT <br /> <br />It was moved by Agency Member Pulido, seconded by Agency Member McGuigan and <br />carried unanimously (4:0) to adjourn the meeting at 6:05 p.m. <br /> <br />~r~airman <br /> <br /> <br />Cynt J. Neb Executive Director/ <br />Community Development Agency <br /> <br />-3- <br />