HomeMy WebLinkAboutResolution No. 2360 0
RESOLUTION NO. 236
A RESOLUTION OF THE REDEVELOPMENT AGENCY
THE CITY OF AZUSA APPROVING AN EXCLUSIVE
NEGOTIATING AGREEMENT BETWEEN THE AGENCY
OF
AND
DICKER WARMINGTON PROPERTIES, INC. FOR CERTAIN
PROPERTY LOCATED WITHIN THE CENTRAL BUSINESS
DISTRICT REDEVELOPMENT PROJECT AREA
WHEREAS, the Agency is authorized by the Community
Redevelopment law and other applicable law to enter into
exclusive negotiating agreements with developers for
redevelopment projects in order to best accomplish the
purposes and goals of the redevelopment plans for various
project areas;
WHEREAS, the Agency desires to redevelop the
property set forth in the agreement attached hereto as
Exhibit "A" in order to best accomplish the goals and
purposes of the Redevelopment Plan of the Central Business
District Redevelopment Project Area and Developer GVD
Commercial Properties, Inc. desires to redevelop said
property;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
AS FOLLOWS:
SECTION 1. That certain exclusive negotiating
agreement by and between the Redevelopment Agency of the
City of Azusa and Dicker Warmington Properties, Inc., dated
as of January 6, 1986 is hereby approved and the Chairman of
the Agency is hereby authorized to sign and execute said
agreement on behalf of the Agency in substantially the form
as set forth in Exhibit "A" attached hereto and incorporated
herein by reference.
SECTION 2. The Secretary shall certify the
adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 20th day
of January , 1986.
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-
airman
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 20th day of January 1986, by the
following vote of the Directors.
AYES: DIRECTORS: COOK, CAMARENA, LATTA, MOSES
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NONE
ABSTAIN: DIRECTOR P: CRUZ
Sec tary
PMT/RES2396