HomeMy WebLinkAboutResolutions - No. 2009-150RESOLUTION NO. 2009-150
A RESOLUTION OF THE LODI CITY COUNCIL
AUTHORIZING THE CITY MANAGER TO EXECUTE
AN OPTION AGREEMENT TO PURCHASE REAL
PROPERTY PURSUANTTO THE TERMS OF THE
PURCHASE AND DEVELOPMENT AGREEMENT WITH
EDEN HOUSING, INC. REGARDING SENIOR HOUSING
PROJECTAT 2245 TIENDA DRIVE
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to execute an Option Agreement to purchase real property
pursuant to the terms of the Purchase and Development Agreement with Eden Housing,
Inc., a California corporation, for the development of an affordable senior housing
project known as the "Tienda Drive Senior Housing Project."
Dated: October 21, 2009
hereby certify that Resolution No. 2009-150 was passed and adopted by the
City Council of the City of Lodi in a regular meeting held October 21, 2009, by the
following vote:
AYES: COUNCIL MEMBERS— Hitchcock, Johnson, Katzakian, Mounce,
and Mayor Hansen
NOES: COUNCIL MEMBERS— None
ABSENT: COUNCIL MEMBERS— None
ABSTAIN: COUNCIL MEMBERS— None
01 JOHL
City Clerk
2009-150