HomeMy WebLinkAboutReso. 1981 - 022 - Providing funds to the redding redevelopment agency for acquisition of real property for canby-hilltop-cypress •
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RESOLUTION NO. (/- Z L.
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A .RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
- PROVIDING FUNDS TO THE REDDING REDEVELOPMENT AGENCY FOR
• ACQUISITION OF REAL PROPERTY FOR CANBY-HILLTOP-CYPRESS .
• REDEVELOPMENT PROJECT. •
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WHEREAS, the City Council adopted Resolution No,. 80-297
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on December 1, 1980, approving a Cooperation Agreement between;.the
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City and the Redding Redevelopment -Agency, pertaining to the
Canby-Hilltop-Cypress Redevelopment Project, and appropriating_ -
. the sum of $55, 000. 00 to be .advanced to the Agency budget for'
preparation and implementation of the redevelopment plan for said
project, and .
'WHEREAS, the City Council now wishes the .Agency to pro-
• • ceedTimmediately to acquire for the project certain real property
owned by .the .Pacific Telephone and Telegraph Company, and
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WHEREAS, the Agency has submitted and the City Council
has approved. an amended-;budget including:additional funds for
property acquisition,
NOW, THEREFORE, BE IT RESOLVED that the City Council of •
the City of Redding hereby appropriates additional funds . in the;
sum of. .$457 ,000. 00 to be advanced to the Redding Redevelopment
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Agency for acquisition of real 4rop.e.rty : required "for =right :of way
for the' Canby-Hilltop-Cypress. Redevelopment Project:. '
I HEREBY CERTIFY that •the 'foregoing Resolution• :was.•
introduced and read at a re ular meetn of the Cit - Council of
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the City of Redding on the 2nd . day of February , -1981, and was •
duly adopted at -said meeting 'by the following .vote:
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•AYES: . COUNCILMEN: Fulton, Gard, Kirkpatrick, and Demsher
NOES: COUNCILMEN: ,,None
ABSENT: COUNCILMEN: Pugh
ATTEST: �.' � r•of.''' �;�.,. ;... :
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,Mayo of the City of Redding
ILD D Lf. BRAY 0 , City Clerk
FORM APPROVED:
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RA ALL A. HAYS, CG�y Attorney.
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