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AgdaPkt 2010-09-13
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AgdaPkt 2010-09-13
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Last modified
9/14/2010 2:25:04 PM
Creation date
9/9/2010 4:56:18 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
9/13/2010
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<br />6.3A <br />Page 3 <br /> <br />value of the property and that the property be sold to the highest bidder either at a public auction <br />or by sealed bid. <br /> <br />FISCAL IMPACT <br />No financial gain for the sale of the Property will be achieved, however, the City will be ensuring <br />that the seven residential units will remain affordable for 55 years. In addition, the City will not <br />be required to repay any of the CDBG funds used on the Property. <br /> <br /> <br />fl~ <br /> <br />Jill kas. AICP <br />R nning, Housing and Economic <br />Development Director <br /> <br /> <br />Peter C. Ingram <br />City Manager <br /> <br /> <br />ATTACHMENTS <br />1. Resolution <br />2. Letter of Interest <br />RELATED DOCUMENTS IN CITY CLERK'S OFFICE <br />None <br /> <br />82483.00000\4749656.1 <br />
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