HomeMy WebLinkAboutResolution No. 3616
RESOLUTION NO. 361
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A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZIISA
APPROVING THAT CERTAIN AGREEMENT ENTITLED
"EXTENSION AGREEMENT BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF AZIISA AND
NATHAN XREMS"
THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE
CITY OF AZUSA HEREBY RESOLVES AS 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 Redevelopment Plan and to
redevelop the Site and the Project Area in accordance with
the adopted Rules Governing Owner Participation for hte
Central Business District Redevelopment Project Area.
SECTION 2. The Board of Directors of the Redevelopment
Agency of the City of Azusa hereby approves that certain
agreement entitled "Extension Agreement by and between the
Redevelopment Agency of the City of Azusa and Nathan Krems" dated
as of May 18, 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 27th day of May ,
1987.
M
Cha' man
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 27th day of May , 1987.
AYES: BOARD MEMBERS: AVILA, CRUZ, MOSES
NOES: BOARD MEMBERS: COOK, LATTA
1.161.11 bill I i 1)
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