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ARA1976-025RESOLUTION NO. ARA76- 25 A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTIVE DIRECTOR TO ACQUIRE REAL PROPERTY ON BEHALF OF THE ANAHEIM REDEVELOPMENT AGENCY. WHEREAS, the Agency is proceeding to implement Redevel- opment Project Alpha by acquiring and assembling sites for dispo- sition to and development by proposed developers; and WHEREAS, in order to acquire and assemble sites for proposed development, it is necessary for the Agency to obtain appraisals of the fair market value of properties comprising pro- posed development sites, to establish just compensation for such properties and to execute various legal instruments for the ac- quisition thereof; and WHEREAS, in order to facilitiate the day -to -day efforts of the Agency staff in obtaining proposed developments in Redevel- opment Project Alpha, it is desirable to authorize the Executive Director to obtain appraisals of properties which may be acquired by the Agency and to take such steps as are necessary for the ac- quisition of sites for the proposed developments. WHEREAS, Resolution No. CDC 76 -6 did establish a proce- dure for the acquisition of property by the Agency; and WHEREAS, it is desirable to modify said procedure. NOW, THEREFORE, BE IT RESOLVED by the Anaheim Redevelop- ment Agency as follows: 1. That Resolution No. CDC 76 -6 is hereby superseded in its entirety. 2. That the Executive Director be, and he is hereby, auth- orized to proceed with the acquisition of real property located: a. Within Redevelopment Project Alpha for redevelopment purposes generally. b. Outside of Redevelopment Project Alpha for the pur- pose of rehabilitation or development of low and moderate income housing for persons displaced by Redevelopment activities. 3. That the Executive Director be, and he is hereby, auth- orized to: a. Retain the services of appraisers to appraise properties to be acquired by the Agency provided, however, that the cost of such appraisal shall not exceed $1,500.00 for any single parcel of record. b. Approve, after thorough review and consultation with appropriate staff members, all such appraisals on behalf of the Agency. -1- C. Establish just compensation to be paid in the acquisition of real property on the basis of the aforesaid approved appraisals. d. Accept and execute, on behalf of the Agency, legal documents required in the acquisition process pro- vided, however, that the consideration to be paid by the Agency shall not exceed the amount of just compensation established in the preceding Paragraph "c" and provided further, however, that deeds shall be presented to the Agency for acceptance. e. All real property acquisition shall be conducted in accordance with the provisions of the California Relocation Assistance Act and other applicable State laws. THE FOREGOING RESOLUTION is approved and signed by me this 12th day of October , 1976. CHAIRMAN ANAHEIM`REDEVELOPMENT AGENCY ATTEST: SECRETARY ANAHEIM REDEVELOPMENT AGENCY MES : fm -2- STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ANAHEIM ) I, LINDA D. ROBERTS, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing. Resolution No. ARA76 -25 was passed and adopted at a.regular meeting of the Anaheim Redevelop- ment Agency held on the 12th day of October, 1976, by the following vote of the members thereof: AYES: AGENCY MEMBERS: Kaywood, Seymour, Kott, Roth and Thom NOES: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: None AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency approved and signed said Resolution on the 12th day of October, 1976. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 12th day of October, 1976. SECRETARY OF THE ANAHEIM REDEVELOPMENT AGENCY (SEAL)