HomeMy WebLinkAboutResolution No. 4070 0
RESOLUTION 407
RESOLUTION OF THE AZUSA REDEVELOPMENT AGENCY
BOARD OF DIRECTORS APPROVING AN AMENDMENT TO
THE 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 "A" 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. On November 3, 1986 the Board of Directors
adopted Resolution No. 312 approving an Exclusive Negotiating
Agreement between the Azusa Redevelopment Agency and Lewis Homes,
Inc. The Agency has subsequently negotitated an amendment to the
approved Agreement and this change is incorporated into the
amended Agreement attached hereto as Exhibit "A".
SECTION 2. That certain amendment to the Exclusive
Negotiating Agreement by and between the Redevelopment Agency of
the City of Azusa and Lewis Homes, Inc., dated as of October 19,
1987 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 "A"
attached hereto and incorporated herein by reference.
SECTION 3. The Secretary shall certify the adoption of
this Resolution.
APPROVED AND ADOPTED the nth day of Octoh r , 1987.
Euge F. Mo es ,
Cha
i man
I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Redevelopment Agency of the City of Azusa at a
regular meeting thereof, held on the 19th day of October ,
1987.
AYES: DIRECTORS: AVILA, COOK, CRUZ, LATTA, MOSES
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NONE
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Secretar
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