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WHEREAS, the City Council is familiar with the contents thereof, and <br />WHEREAS, the City Manager recommends approval of the Agreement; <br />NOW, THEREFORE IT IS RESOLVED THAT: <br />1. Subject to approval by the Oversight Board to the Successor Agency of the <br />Redevelopment Agency of the City of San Leandro, approving the sale of the Successor Agency <br />Properties to BEAM Development, sale of the City Property is hereby approved; and <br />2. That the Agreement substantially in the form presented is hereby approved and <br />execution by the City Manager is hereby authorized; and <br />3. That the City Manager is authorized to make non -substantial revisions to the <br />Agreement, subject to the approval of the City Attorney; and <br />That the original executed Agreement shall be attached to and made part of this <br />resolution; and <br />5. The City Manager and his designees are authorized and directed to execute all <br />documents and take all actions necessary to implement this Resolution, including without <br />limitation the execution of deeds, certificates of acceptance, and all other necessary instruments, as <br />applicable. <br />Introduced by Councilmember Cox, and passed and adopted this 6th day of November <br />2017, by the following vote: <br />Members of the Council: <br />AYES: Councilmembers Ballew, Cox, Hernandez, Lee, Lopez, Thomas; (6) <br />NOES: None (0) <br />EXCUSED: Mayoa r Cutter <br />ATTEST: <br />Tamika Greenwood, City Clerk <br />RESOLUTION NO. 2017-155 2 <br />(1) <br />