HomeMy WebLinkAboutResolution No. 322RESOLUTION NO
322
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A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF AZUSA APPROVING A LEASE AGREEMENT
WITH RAPHAEL GENECE FOR PROPERTY LOCATED AT
116-118 N. AZUSA AVE., AZUSA.
THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF
THE CITY OF AZUSA DOES RESOLVE AS FOLLOWS:
SECTION 1. This Resolution and approval of the Lease
described herein is made with respect to the following findings
of fact by the Board of Directors:
A. The Agency initiated eminent domain proceedings
against James Aszman for the acquisition of the
subject property located at 116-118 N. Azusa Ave.,
Azusa;
B. The Court has ordered possession of the sub-
ject property transferred to the Agency;
C. This lease is necessary to enable the lessee
to remain on the subject property until relocation
proceedings can be completed; and
D. The rent set forth in the Lease is fair market
value for rent of this type in the area.
SECTION 2. The Board of Directors of the Redevelopment
Agency of the City of Azusa hereby approves that certain "Lease
Agreement" by and between the Agency and Raphael Genece dated as
of December 31, 1986 and authorizes the Chairman to execute the
Lease in substantially the form as attached hereto as Exhibit "A."
SECTION 3. The Secretary shall certify adoption of this
Resolution.
PASSED, APPROVED AND ADOPTED this 5th day of
January , 1987.
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 5th day of January 1987.
AYES: BOARD MEMBERS: AVILA, COOK, CRUZ, LATTA, MOSES
NOES: BOARD MEMBERS: NONE
ABSENT: BOARD MEMBERS: NONE
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