HomeMy WebLinkAboutResolution No. 3280 0
RESOLUTION NO. 328
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
APPROVING THAT CERTAIN AGREEMENT ENTITLED
"OWNER PARTICIPATION AGREEMENT BY AND BETWEEN
THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
AND MESSENGER/AZUSA, A CALIFORNIA LIMITED PARTNERSHIP"
THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE
CITY OF AZUSA HEREBY RESOLVES A FOLLOWS:
SECTION 1. The Board of Directors of the Redevelopment
Agency of the City of Azusa does hereby find, determine and
declare that:
A. The City of Azusa and the Redevelopment Agency of the
City of Azusa have adopted a redevelopment plan for the
Central Business District Redevelopment Project Area by
which the City and the Agency seek to redevelop the Project
Area;
B. The Agreement approved by this Resolution is necessary
to effectuate and implement the Central Business District
Redevelopment Plan and to redevelop the Site and the Project
Area;
C. The use approved and regulated by this Agreement
conforms to the Redevelopment Plan for the Site which plan
and use conform to the City's General Plan, and, therefore,
the Agency desires to encourage said use in accordance with
the conditions imposed by this Agreement.
SECTION 2. The Board of Directors of the Redevelopment
Agency of the City of Azusa hereby approves that certain
agreement entitled "Owner Participation Agreement by and between
the Redevelopment Agency of the City of Azusa and
Messenger/Azusa, a California Limited Partnership" dated as of
January 19, 1987 1 1987 and hereby authorizes the Chairman
to execute said Agreement on behalf of the Agency 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 19th day of January
1987.
O
I HEREBY CERTIFY that the foregoing Resolution was duly
adopted by the Board of Directors of the Azusa Redevelopment
Agency of the City of Azusa, at a regular meeting thereof held on
the 19th day of January , 1987,
AYES: BOARD MEMBERS: AVILA, COOK, CRUZ, LATTA, MOSES
NOES: BOARD MEMBERS: NONE
ABSENT: BOARD ME MBE S: NONE
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