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F. Pursuant to the provisions of the California Redevelopment Law, the <br />Agency and the City Council have held a duly noticed joint public <br />hearing on the proposed sale of the <br />Agreement. Property pursuant to the <br />Section 2, The Purchase /Sale Agreements are hereby approved, and the <br />Executive Director of the Agency is hereby authorized to execute the Agreement, with <br />such non - substantive changes as may be approved by Agency's General Counsel. <br />Section 3. The Executive Director of the Agency is hereby authorized to take all <br />steps, and to sign all documents and instruments necessary to implement and carry out <br />the Agreements on behalf of the Agency. <br />ADOPTED this 7th day of May, 2007. <br />APPROVED AS TO FORM: <br />Joseph W. Fletcher, General Counsel <br />By: ' zz?e -zL.( <br />Lisa E. Storck <br />Assistant General Counsel <br />AYES Boardmembers Alvarez Benavides Bustamante Martinez <br />Pulido, Sarmiento Tinaiero (7) <br />NOES: Boardmembers None (0) <br />ABSTAIN: Boardmembers None (0) <br />NOT PRESENT: Boardmembers None (0) <br />Resolution No. CRA 2007 -002 <br />Page 2 of 3 <br />