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G. The proposed sale of the Remnant Parcel is exempt from further review and in <br />accordance with the California Environmental Quality Act, categorical exemption ER No. <br />2007-105 will be filed for this project. <br />H. The City recognizes that it has received and heard all oral and written objections <br />to the proposed sale of the Remnant Parcel, and that all such oral and written objections <br />are hereby overruled. <br />I. The City hereby finds and determines that the information set forth herein is true <br />and correct. <br />J. The City hereby approves the sale of the Remnant Parcel to the Buyer at its <br />current appraised value. <br />Section 2. Pursuant to section 33433(b) of the California Health & Safety Code (Community <br />Redevelopment Law), the City Council finds that the consideration is not less that the fair market <br />value at the property's highest and best use in accordance with the redevelopment plan. <br />Section 3. The Clerk of the Council shall attest to and certify the vote adopting this <br />Resolution. <br />80B-5 <br />