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Notices /Aaendas <br />2.A. Adjourned Regular Meeting - <br />Closed Session Calendar Agenda <br />2.6. Regular Meeting Agenda <br />MISCELLANEOUS ADMINISTRATION <br />3. EXCUSED ABSENCES <br />AGREEMENTS <br />Meeting Date Posted <br />08/20/07 08/17/07 <br />08/20/07 08/16/07 <br />Time <br />4:15 p.m. <br />6:15 p.m <br />4. AGREEMENT FOR ACQUISITION OF REAL PROPERTY AND ESCROW <br />INSTRUCTIONS FOR 1126 AND 1146 WASHINGTON <br />Recommended Action: <br />1. Direct the Agency General Counsel to prepare and authorize the <br />Executive Director to execute an agreement for the acquisition of <br />real property and escrow instructions for the real property located <br />at 1126 and 1146 Washington Avenue and identified as Director's <br />Deed No. DD 073034 -01 -01 for the amount of $1,904,000 plus normal <br />escrow fees and closing costs. <br />2. Adopt a resolution stating that the property will be used for specific <br />public purposes in accordance with Sections 54220 -54227 of the <br />California Government Code. <br />* ** END OF CONSENT CALENDAR * ** <br />JOINT SESSION <br />CITY COUNCIL / COMMUNITY REDEVELOPMENT AGENCY <br />5. APPROPRIATION ADJUSTMENT - AGREEMENT FOR ACQUISITION OF <br />REAL PROPERTY AND ESCROW INSTRUCTIONS FOR 4809 W. EDINGER, <br />1029 MCLEAN, and 4010, 4018, 4106, 4110 W. MCFADDEN <br />Recommended Action: <br />CITY COUNCIL <br />1. Approve an appropriation adjustment recognizing $2,175,000 in Sale <br />of Land proceeds and prior year unanticipated revenues of <br />$3,250,000 in the Low and Moderate Income Housing Fund. <br />2. Direct the City Attorney to prepare and authorize the City Manager <br />and the Clerk of the Council to execute a purchase agreement and <br />escrow instructions for the real property located at 4809 W. <br />CRA AGENDA 3 SEPTEMBER 4, 2007 <br />