§ 20.150. Purchase of Real Property

Effective Date: 01/02/1990

Department: Community Development Commission

POLICY
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The Board of Supervisors acting as the Community Development Commission (CDC), has delegated authority to the Executive Director of the CDC to purchase real property in unincorporated Los Angeles County and its participating cities, using Countywide CDBG funds and CDBG funds allocated to all Supervisorial Districts, and other funding sources permitted for this purpose. Purchases are subject to the acquisition criteria identified in Exhibit A of the referenced Board order. The Executive Director is authorized to execute any and all documentation which may be required to complete said acquisitions including any consent agreements with participating cities. The Executive Director is authorized to develop, rehabilitate, or cause to be rehabilitated, and market said properties subject to requirements of the Commission's procurement policy and the regulatory requirements of funding sources and to execute any and all documents required to complete said actions.

REFERENCE
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Health and Safety Code Section 34150

Adopted by Board of Supervisors January 2, 1990, Synopsis No. 2-D

RESPONSIBLE DEPARTMENT
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Community Development Commission

DATE ADOPTED/SUNSET REVIEW DATE
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Adopted Date: January 2, 1990	Sunset Review Date: June 30, 2013
Review Date: April 25, 2013	Sunset Review Date: June 30, 2017
Review Date: July 20, 2017	Sunset Review Date: June 30, 2021