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HomeMy WebLinkAboutRES NO CLT001-2025RESOLUTION NO. CLT001-2025 RESOLUTION AUTHORIZING SELF-HELP ENTERPRISES TO ACT AS AGENT OF BAKERSFIELD COMMUNITY LAND TRUST WHEREAS, The City of Bakersfield ("CITY") has retained Self -Help Enterprises ("SHE") for the purpose of administering the Bakersfield Community Land Trust ("BCLT"), through Agreement No. 2024-305 between SHE and CITY dated November 20, 2024 ("Project Agreement"); and WHEREAS, Pursuant to the Project Agreement, SHE agreed to serve as the administrator and agent (Agent) for BCLT. NOW, THEREFORE, INCORPORATING THE ABOVE RECITALS HEREIN, BE IT RESOLVED, by the BCLT as follows: BCLT authorizes SHE to act as Agent for BCLT in order to carry out objectives of the Project Agreement and advance the goals of BCLT, including but not limited to assembling a project development team of architects, engineers, consultants, escrow officers, preferred lenders and other team members. 2. Agent will manage the website, phone and email for BCLT and will serve as the main contact for BCLT. 3. Agent will provide administrative support for the regular and special meetings of the Board of Directors of BCLT, including the preparation and posting of agendas consistent with the requirements of the Brown Act, and preparation of supporting agenda materials. 4. Agent will arrange for all organization and legal documents to be drafted, including a template 99-year land lease or similar land transfer agreement to end users, and equity sharing agreement, necessary to further Project Agreement objectives. All documents will be reviewed and approved as to content by BCLT Board of Directors with approval as to form by BCLT legal counsel. 5. Agent shall select the escrow company for all land transfer transactions and facilitate all title matters. The transfer of land can only be approved by BCLT Board with transfer documents and agreements executed by the Board Chair. - Page 1 of 2 Pages - 3. The Chair of the Chair of the Board may review payments and invoices made to SHE by CITY for services rendered in performance of the activities authorized and directed by Agreement 2024-305 (i.e. staffing and overhead costs of SHE). HEREBY CERTIFY that the foregoing Resolution was passed and adopted, by the Bakersfield Community Land Trust at a regular meeting thereof held on eRR 16 2025 by the following vote: AYES: BOARD DIRECTOR GONZALES, r.�, MORA, SMITH, RJ9&E, ZARAGOZA, GARCIA NOES: BOARD DIRECTOR ABSTAIN: BOARD DIRECTOR ABSENT: BOARD DIRECTOR KAMP, , P,05& �A " 6nA�� Juli Drlmakis, Secretary Bakersfield Community Land Trust APPROVED AS TO CONTENT: BAKERSFIELD COMMUNITY LAND TRUST ANDRAE GONZA Chair APPROVED TO FORM: BAKERSFIELO)COMMUNITY kAND TRUST By: VIRg;INIA G'ENNARO General Counsel VG/blf SAEconomic& Comm unity Develop\Resos\24-25\DRAFT_Compensation re SHE-BCLT.docx - Page 2 of 2 Pages -