HomeMy WebLinkAboutResolution No. 4756
RESOLUTION NO. 475
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A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZIISA
APPROVING AMENDMENT NUMBER ONE TO THAT CERTAIN
AGREEMENT ENTITLED, "OWNER PARTICIPATION
AGREEMENT BY AND BETWEEN THE AZIISA
REDEVELOPMENT AGENCY AND AEROJET ELECTRO
SYSTEMS COMPANY"
The Board of Directors of the Redevelopment Agency of the
City of Azusa resolves as follows:
SECTION 1. On June 2, 1986 the Board of Directors
adopted Resolution No. 272 approving an Owner Participation
Agreement between the Azusa Redevelopment Agency and Aerojet
Electro Systems Company.
SECTION 2. The Board of Directors of the Redevelopment
Agency of the City of Azusa hereby finds that the Amendment
Number One to the Owner Participation Agreement by and between
the Azusa Redevelopment Agency and Aerojet Electro Systems
Company will contribute to the accomplishment of the Agency's
goals in the West End Redevelopment Project Area and the goal of
redeveloping the Site and hereby incorporates by reference the
changes set forth in Exhibit A, attached hereto.
SECTION 3. The Board of Directors of the Redevelopment
Agency of the City of Azusa hereby approves the Amendment Number
One to the Owner Participation Agreement by and between the Azusa
Redevelopment Agency and Aerojet Electro Systems Company and
authorizes the Chairman of the Board of Directors to execute said
amended Agreement on behalf of the Agency in substantially the
form as attached hereto as Exhibit "A".
SECTION 4. The Secretary shall certify the adoption of
this Resolution and shall cause the Agreement to be recorded
promptly upon its execution by all parties thereto.
PASSED APPROVED AND ADOPTED this 5th day of July, 1988.
Eu ne F. Moses, Chairman
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 Julv , 1988.
AYES: BOARD MEMBERS: AVILA, STEMPICHf NARANJO, LATTA, MOSES
NOES: BOARD MEMBERS: NONE
ABSENT: BOARD MEMBERS: NONE
IN WITNESS WHEREOF, the parties hereto have caused this
Amendment Number One to be executed on the date first above
written.
By: 'oewG
E ene F. Moses, Chairman
ATTEST:
By:
1ph Ablis, Secretary
APPROV �O FORM
By:
eter Thorson, Agency Counsel
EXHIBIT A
RECORDED AT REQUEST OF
AND WHEN RECORDED
RETURN TO:
Julio J. Fuentes
Executive Director
Redevelopment Agency
City of Azusa
213 E. Foothill Blvd.
Azusa, CA 91702
AMENDMENT NUMBER ONE TO THE
OWNER PARTICIPATION AGREEMENT
DATED JUNE 2, 1986 BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
AND AEROJET ELECTRO SYSTEMS COMPANY
This Amendment Number One to the Owner Participation
Agreement is made by and between the Redevelopment Agency of the
City of Azusa (hereinafter "Agency") and Aerojet Electro Systems
Company (hereinafter "Participant"), and is dated as of July 5,
1988. For and in consideration of the promises and of the mutual
covenants and agreements herein contained, the Parties hereto
agree as follows:
1. Section II.B. Signs of Exhibit No. 2 to the OPA shall
be amended to read:
Signs shall be limited in size, subdued and otherwise
designed to contribute positively to the environment. Signs
identifying the building use will be permitted but their
height, size, location, color, lighting and design shall
conform to the Azusa Municipal Code. No animated signs or
signs--extend#ng--above-the-roe€--parapet are allowed. A
mounted roof sign will only be permitted on the building
wall facing Interstate 210. The height, size, location,
color, lighting and design of the mounted roof sign shall be
subject to Agency approval. "sae€ oe e
2. All other terms and conditions of the OPA shall remain
in full force and effect.
3. This Amendment Number One shall be recorded with the
Office of the County Recorder.
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IN WITNESS WHEREOF, the parties hereto have caused this
Amendment Number One to be executed on the date first above
written.
By: /
Eu ene F. Moses, Chairman
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ATTEST:
By:
Secretary
APPROVT AS TO FORM
By:
eter Thorson, Agency Counsel
AEROJET ELECTRO SYSTEMS COMPANY
By:
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