City Council

10. Sale of the Affordable Housing Unit at 21533 Magnolia Street.\nRecommendation: That the Walnut Housing Authority:\n1. Adopt Resolution No. 23-05, A Resolution of the Walnut Housing Authority\nfinding that Certain Real Property Located in the City of Walnut, County of\nLos Angeles, Identified as APN 8709-089-905 is “Exempt Surplus Land”\nunder the California Surplus Land Act (Attachment 1) 2. Approve and Authorize the Authority Executive Director to Execute the\nAgreement and Escrow Instructions for the Purchase and Sales of Real\nProperty and the Affordable Housing Loan Agreement with Affordability and\nResale Restrictions and Option to Purchase and any attachments thereto (the\n“Agreements”) for the sale of 21533 Magnolia Street as an Affordable\nHousing Unit, in Substantially the Form Attached to the Report (Attachments\n2 and 3) and in Such Final Form as Approved by the Authority Attorney.\n3. Authorize the Authority Executive Director, or designee, to execute any other\ndocuments and administer all actions necessary to implement, complete and\nmemorialize the transaction contemplated in the Agreements, including, but\nnot limited to executing the Grant Deed, any escrow instructions, and any\nother documents contemplated by the Agreements subject to approval as to\nform by the Authority Attorney.\n4. Find that the Agreements do not constitute a project under California\nEnvironmental Quality Act (CEQA) and Section 15301 of the CEQA\nGuidelines in that it consists of the conveyance of an existing single family\ndwelling unit, involving no change or expansion of use.\nAUTHORITY CONSENT CALENDAR: The Consent Calendar items listed below are