Long Beach, CA
File #: 10-080R    Version: 1 Name: Reso for development of 1463 Cota Ave. by Lester Box, Inc.
Type: RDA-Resolution Status: Adopted
File created: 7/8/2010 In control: Redevelopment Agency Board
On agenda: 7/19/2010 Final action: 7/19/2010
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 West Long Beach Industrial Redevelopment Project Area is not less than fair market value in accordance with covenants and conditions governing such sale; approve the sale of property to Lester Box, Inc.; and authorize the Executive Director to execute an Owner Participation Agreement with Lester Box, Inc., for the development of 1463 Cota Avenue. (West Long Beach Industrial - District 1)
Attachments: 1. 07.19.10.RDA.Item#2.pdf, 2. R.A. 14-2010.pdf
Related files: 09-119R, 10-139R, 10-0840
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 West Long Beach Industrial Redevelopment Project Area is not less than fair market value in accordance with covenants and conditions governing such sale; approve the sale of property to Lester Box, Inc.; and authorize the Executive Director to execute an Owner Participation Agreement with Lester Box, Inc., for the development of 1463 Cota Avenue. (West Long Beach Industrial - District 1)
 
SUGGESTED ACTION
Approve recommendation.