HomeMy WebLinkAboutC-4170.3 Buyer Official Action
CERTIFICATION OF AUTHORITY
FOR
Northeast Development Enterprises II, LLC
The undersigned members of Northeast Development Enterprises II, LLC, a California limited
liability company("LLC"),do hereby certify that we are all of the members of the LLC and that there are
no other members. PET
We further certify that the following named person(s): ,Authorized Agent(s)is/are
authorized and empowered for and on behalf of and in the name of the LLC to sign, enter into, make,
execute and deliver that certain Real Property Purchase and Sale Agre�ent and Joint Escrow Instructions
(Self-Storage Building/Northeast Development), dated 1 Q_ ZS-,1'5, by and between the Successor
Agency to the City of Arcadia Redevelopment Agency, and the LLC ("Agreement"), and all other
documents to be made or entered into by the LLC in connection with the transactions contemplated in the
Agreement, pursuant to which the LLC may acquire title to that certain real property generally described
as 33 W. Huntington Drive (APN 5775-025-901) located in the City of Arcadia, County of Los Angeles,
California. The above-named person(s)are also authorized and empowered for and on behalf of and in the
name of the LLC to perform the obligations of the LLC set forth in the Agreement and to take all actions
that may be considered necessary or convenient to conclude the transactions contemplated in the Agreement
and perform the obligations of the LLC pursuant to the Agreement.
The authority conferred and certified to in this Certificate shall be considered retroactive and any
and all acts authorized in this Certificate that were performed before the execution of this Certificate are
approved and ratified. The authority conferred and certified to in this Certificate shall continue in full force
and effect until the City of Arcadia shall have received notice in writing from all of the members of the
LLC of the revocation of this Certificate.
We further certify that: (1)the activities covered by the authorities certified to in this Certificate
and the foregoing certifications constitute duly authorized activities of the LLC; (2) these authorities and
certifications are now in full force and effect; and(3)there is no provision in any document under which
the LLC is organized and/or that governs the LLC's continued existence or operation limiting the power of
the undersigned to grant such authority or make the certifications set forth in this Certificate, and that the
same are in conformity with the provisions of all such documents.
LLC Members:
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