Loading...
HomeMy WebLinkAboutResolution No. 195RESOLUTION NO. 195 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING THE "REPLACEMENT HOUSING PLAN FOR THE PROPOSED DISPOSITION AND DEVELOPMENT AGREEMENT WITH URBAN PACIFIC DEVELOPMENT CORPORATION" THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Board of Directors hereby finds, determines and declares that: A. The Agency is negotiating with Urban Pacific Development Corporation for development of approximately 90,000 sq. ft. of commercial retail space and approximately 112 residential apartment units on property located at or near the northwest corner of the intersection of Foothill Boulevard and San Gabriel Canyon Avenue; B. Section 33413.5 of the Health & Safety Code requires the Agency to adopt a replacement housing plan for the Urban Pacific Project since some low and moderate income units would be demolished as a result of the project; C. The proposed "Replacement Housing Plan for the Proposed Disposition and Development Agreement with Urban Pacific Development Corporation," attached hereto as Exhibit "A," was made available for review and comment by the project area committee of the Central Business District project area, other public agencies and the general public for a reasonable period of time prior to the adoption of this plan by this resolution and the comments received were considered in the final preparation of the said plan; D. The replacement housing identified by the plan does not require the approval of the voters pursuant to Article 34 of the California Constitution. SECTION 2. The Board of Directors of the Redevelopment Agency of the City of Azusa hereby approves the "Replacement Housing Plan for the Proposed Disposition and Development Agreement with Urban Pacific Development Corporation" in substantially the form as is attached hereto as Exhibit "A." SECTION 3. The secretary shall certify the adoption of this resolution. PASSED, APPROVED AND ADOPTED this 6th day of May , 1985. I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Board of Directors of the Redevelopment Agency of the City of Azusa, at a regular meeting thereof, held on the 6th day of May 1985, by the following vote of the Board: AYES: BOARD MEMBERS: NOES: BOARD MEMBERS: CRUZ, CAMARENA, LATTA, MOSES 11[6]021 ABSENT: BOARD MEMBERS: COOK 4A/ SECRETARY PMT/RES0493 -2-