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HomeMy WebLinkAboutResolution No. 6246 RESOLUTION NO. 6246 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY APPROVING THE FORM AND AUTHORIZING THE EXECUTION OF THE PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS WHEREAS, The City of Downey (the "City") is authorized under the provisions of the City Charter and other provisions of the State of California to acquire property as the City Council of the City may deem necessary or advisable; and WHEREAS, The City of Downey was allocated $1.9 million in Federal funds for a downtown Downey transfer Center in Fiscal Year 1998 TEA-21 appropriations bill; and WHEREAS, The City of Downey wishes to enhance the personal mobility of Downey residents and of persons working in or traveling to Downey; and WHEREAS, The City of Downey desires to establish a downtown focal point that supports regional congestion management goals for transit, is customer friendly, promotes economic development and enhances the quality of life in the downtown area; and WHEREAS, a Purchase Agreement and Escrow Instructions (the "Agreement") have been prepared to process the sale in accordance with the laws of the United States: and WHEREAS, the City Clerk has filed the Agreement on file; and WHEREAS, the City Council of the City (the "City Council") desires to approve the Purchase Agreement and Escrow Instructions: NOW THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL HEREBY: Section 1. The City Council hereby finds and determines that it is a municipal affair and for the common benefit of the City and its residents and is necessary and proper for municipal purposes that the City enter in the Agreement. Section 2. The City Council hereby approves, and authorizes and directs the Mayor, Mayor pro-tern, or City Manager to execute and the City Clerk to attest and affix the seal of the City to the Agreement in substantially the form thereof on file with the City Clerk, together with any changes as may be approved by the City Manager, whose execution of the Agreement shall be conclusive evidence of such approval. i RESOLUTION NO. 6246 The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 9th day of March , 1999. ti e...` `` ►AL` , , GARY P. MI CAUGHAN, M. -or ai ATTEST: 11/ OIP / id , / / ITH E. MC DONNELL, City Clerk I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Downey at a regular meeting thereof held on the 9th day of March , 1999 by the following vote: AYES: 5 Council Members: Lawrence, McCarthy, Perkins, Winningham, McCaughan NOES: 0 Council Members: None ABSTAIN: 0 Council Members: None ABSENT: 0 Council Members: None 7 % , ./ - #1,1 - JUDITH E. MC DONNELL,City Clerk L:\SHARE\WPWIN\AGDA0309\TRNSTRES.DOC