Loading...
HomeMy WebLinkAboutResolution No. 3370 0 RESOLUTION NO. 337 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZIISA APPROVING A LICENSE AGREEMENT WITH ROGERS TOYOTA, INC., FOR USE OF CERTAIN PROPERTY LOCATED AT THE SOUTHWEST CORNER OF THE FOOTHILL FREEWAY AND AZIISA AVENUE 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 and determines as follows: A. The Agency has approved a disposition and development agreement dated April 21, 1986 for the property located at the southwest corner of the Foothill Freeway and Azusa Avenue for development as a franchise new automobile sales and service complex; B. The Agency is in escrow to acquire a portion of said property; C. During the escrow period, the property has no value to the Agency and cannot be successfully marketed for lease to the general public; D. The license agreement approved by this Resolution is necessary for the implementation of the Central Business District Redevelopment Plan in that it brings employment and business opportunities to the project area. SECTION 2. The Board of Directors of the Redevelopment Agency of the City of Azusa hereby approves that certain agreement entitled "License Agreement for Real Property Between the Redevelopment Agency of the City of Azusa and Rogers Toyota, Inc." dated as of February 17, 1987, and hereby authorizes the Chairman to execute said agreement on behalf of the Agency in substantially the form attached hereto as Exhibit "A." SECTION 3. The Secretary shall certify the adoption of this Resolution. 1987. PASSED, APPROVED AND ADOPTED this 17th day of February, U 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 17th day of February , 1987, by the following vote of the Board: AYES: BOARD MEMBERS AVILA, COOK, CRUZ, LATTA, MOSES NOES: BOARD MEMBERS NONE ASS E T: BOARD MEMBERS NONE 1 S retary 1 EXHIBIT A LEGAL DESCRIPTION O� THE LAND REFERRED TO IN THIS REPORT IS SITUATED IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: Lot 13 of Tract No. 13641, in the City of Azusa, as per map recorded in Book 328 Page 18 of Maps, in the office of the county recorder of said county. Lot 14 of Tract 13641, in the City of Azusa, as per map recorded in Book 328 Pages 18 and 19 of Maps, in the office of the county recorder of said county. Lot 8 of Tract No. 13426, in the City of Azusa, as per map recorded in Book 268 Page 40 of Maps, in the office of the county recorder of said county. Except the east 10 feet as conveyed to the state of California, in deed recorded June 12, 1958, in Book D125, Page 258, Official Records. That portion of that certain alley, 20 feet wide, shown upon and dedicated by the map of Tract No. 13426, in the City of Azusa, as per map recorded in Book 268 Page 40 of Maps, in the office of the County Recorder of said county, which lies between the westerly prolongations of the northerly line of the Lot 20 of said tract and of the northerly line of the southerly 5 feet of Lot 11 of said tract.