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HomeMy WebLinkAboutResolution No. 283RESOLUTION NO. 283 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA FINDING THE PROPOSED DEVELOP- MENT PROJECT OF MR. HARRY LEU AND MR. ASHOK SAPRA FOR PROPERTY LOCATED AT 461 EAST ARROW HIGHWAY, AZUSA, CALIFORNIA, TO BE CONSISTENT WITH THE AGENCY'S REDEVELOPMENT PLANS FOR THE ARROW HIGHWAY AREA THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DOES RESOLVE AS FOLLOWS: SECTION 1. The Board of Directors of the Redevelopment Agency of the City of Azusa hereby finds, determines and declares that: A. By Ordinance No. 2275, the City Council of the City of Azusa imposed a moratorium on the issuance of all land use entitlements for property within the City of Azusa fronting on Arrow Highway unless and until the Redevelopment Agency of the City of Azusa finds by resolution that a project proposed for property in that area is consistent with the Agency's proposed redevelopment plan for the area. B. The applicants, Harry Leu and Ashok Sapra have submitted a proposal to develop a combined general commercial/motel complex west of the Goodyear Tire Center for the subject property located at 461 East Arrow Highway, Azusa. The proposal is consistent with the Azusa Municipal Code and is consistent with the land -use designation contained in the City's General Plan. C. The applicants propose to build the mixed general commercial/motel development containing 3,529 square feet of general commercial space, 1,475 square feet for a restaurant, and 23,956 square feet devoted to a new Travelodge Motel. D. This proposed project is the most logical dispo- sition of the subject parcel given the market condi- tions existing on Arrow Highway. The subject project is wedged between two commercial developments and, as such, should also be developed in a commercial fashion. A more intense commercial development will most likely not occur due to the subject parcel being only 64,610 square feet in area. In addition, the proposed project is of a mixed-use nature and this is probably the type of development the Agency would most likely solicit given the size of the parcel and the existing market conditions. SECTION 2. In accordance with the provisions of City of Azusa Ordinance No. 2275, the Board of Directors of the Redevelopment Agency of the City of Azusa hereby finds that the proposed project of Mr. Harry Leu and Mr. Ashok Sapra, as described above, for the property located at 461 East Arrow Highway, is consistent with the Agency's redevelopment plans for the area. 00 qq SECTION 3. The Secretary shall certify the adoption of this Resolution. PASSED, APPROVED AND ADOPTED this 21st day of July , 1986. 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 21st day of July 1986, by the following vote of the Board: AYES: BOARD MEMBERS NOES: BOARD MEMBERS: ABSENT: BOARD MEMBERS: SE RETARY AVILA, COOK, LATTA, MOSES NONE CRUZ -2-