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