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RESOLUTION 312
RESOLUTION OF THE AZUSA REDEVELOPMENT AGENCY
BOARD OF DIRECTORS APPROVING AN EXCLUSIVE
NEGOTIATING AGREEMENT BETWEEN THE AGENCY AND
LEWIS HOMES, 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 undertake
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 "All in order to
best accomplish the goals and purposes of the Redevelopment Plan
of the Central Business District Redevelopment Project Area and
Developer Lewis Homes, 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
Lewis Homes, Inc., dated as of November 3, 1986 is hereby
approved and the Chairman of the Agency is hereby authorized to
sign and execute said agreement of behalf of the Agency in
substantially the form as set forth in Exhibit "All attached
hereto and incorporated herein by reference.
SECTION 2. The Secretary shall certify the adoption of
this Resolution.
APPROVED AND ADOPTED the 3rd day of November, 1986
r
EugenqfF. Moses
Chairman
I HEREBY CERTIFY that
adopted by the Redevelopment
regular meeting thereof, held
1986.
AYES: DIRECTORS:
NOES* DIRECTORS:
ABS NT• DI S:
DEPUTY SECRETARY
the foregoing resolution was
Agency of the City of Azusa
on the 3rd day of November
duly
at a
AVILA, COOK, CRUZ, LATTA, MOSES
NONE
NONE