City of Long Beach - File #: 09-133R

• File #: 09-133R
• Version: 1
• Name: Hearing & Reso & Disposition and Development Agreement to sell property to Tierra Concepts, Inc.
• Type: RDA-Resolution
• Status: Adopted
• File created: 11/3/2009
• In control: Redevelopment Agency Board
• On agenda: 11/16/2009
• Final action: 11/16/2009
• Title: Recommendation to receive supporting documentation into the record, conclude the public hearing, and adopt a resolution finding that the consideration for the sale of certain real property in the Central Long Beach Redevelopment Project Area is not less than fair market value in accordance with covenants and conditions governing such sale; approving the sale of property to Sylvia Ruiz, dba Tierra Concepts; approving the Disposition and Development Agreement pertaining thereto; and Authorize the Executive Director to execute a Disposition and Development Agreement with Sylvia Ruiz, dba Tierra Concepts, for the development of residential property at 226 West 10th Street. (Central - District 1)
• Related files: 06-117R

Date	Ver.	Action By	Action	Result
11/16/2009	1	Redevelopment Agency Board	approve recommendation and adopt	Pass

TITLE

Recommendation to receive supporting documentation into the record, conclude the public hearing, and adopt a resolution finding that the consideration for the sale of certain real property in the Central Long Beach Redevelopment Project Area is not less than fair market value in accordance with covenants and conditions governing such sale; approving the sale of property to Sylvia Ruiz, dba Tierra Concepts; approving the Disposition and Development Agreement pertaining thereto; and

Authorize the Executive Director to execute a Disposition and Development Agreement with Sylvia Ruiz, dba Tierra Concepts, for the development of residential property at 226 West 10^th Street. (Central - District 1)

SUGGESTED ACTION