Laserfiche WebLink
E, Developer possesses the qualifications and financial resources <br />necessary to acquire and insure development of the Properties in <br />accordance with the purpose and objectives of the Redevelopment Plan. <br />F. In accordance with the California Environmental Quality Act, the <br />proposed project is exempt from further review. <br />G. Pursuant to the provisions of the California Redevelopment Law, the <br />Agency and the City Council have held a duly noticed joint public hearing on <br />the proposed sale of the Properties pursuant to the Agreement. The <br />Agency Board has considered all evidence submitted, both oral and written, <br />as advised prior to adoption of this Resolution. <br />Section 2. The Disposition and Development Agreement is hereby approved, <br />and the Executive Director of the Agency, or his/her designee, is hereby authorized to <br />execute the Agreement, with such non-substantive changes as may be approved by <br />Agency's General Counsel. <br />Section 3. The Executive Director of the Agency, or his/her designee, is hereby <br />authorized to take all steps, and to sign all documents and instruments necessary to <br />implement and carry out the Agreement on behalf of the Agency. <br />2 <br />4-10 <br />