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EXHIBIT 4 <br />Section 3. The City Manager or his/her designee is hereby authorized, on behalf <br />of the Successor Agency, to make revisions to the Purchase and Sale Agreement which <br />do not increase the Successor Agency's obligations or materially or substantially reduce <br />the consideration payable to the Successor Agency, to sign a grant deed and any other <br />documents the execution of which is necessary or convenient to effect the sale of the <br />Successor Agency Property, to make all approvals and take all actions necessary or <br />appropriate to carry out and implement the Purchase and Sale Agreement and to <br />administer the Successor Agency's obligations, responsibilities and duties to be <br />performed under the Purchase and Sale Agreement and related documents. <br />Section 4. In accordance with the California Environmental Quality Act (CEQA), <br />the sale of surplus government property is categorically exempt per §15312 of the CEQA <br />Guidelines. Class 12 consists of sales of surplus government property. <br />Section 5. This Resolution shall take effect upon its adoption and execution in <br />the manner as required by the applicable provisions of the California Health & Safety <br />Code shall govern the effectiveness of the Purchase and Sale Agreement. <br />Section 6. The City Manager is hereby authorized and directed to submit the <br />Purchase Agreement to the Oversight Board for approval in accordance with Health and <br />Safety Code Section 34181(a). <br />Section 7. This Resolution shall take effect immediately upon its adoption by <br />the Successor Agency, and the Clerk of the Council shall attest to and certify the vote <br />adopting this Resolution. <br />[Signatures on subsequent page] <br />Resolution 2017-001 <br />Page 3 of 5 <br />SA4-99 <br />