HomeMy WebLinkAboutResolution No. 4620 0
RESOLUTION NO. 462
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
APPROVING AN OWNER PARTICIPATION AGREEMENT
BETWEEN THE AGENCY AND E.T. LEGG AND
ASSOCIATES RELATING TO PROPERTY AT 203 N.
ASPAN AVENUE
THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE
CITY OF AZUSA HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Board of Directors of the Redevelopment
Agency of the City of Azusa hereby find and determine as follows:
A. The Agency and E.T. Legg and Associates desire to enter
into an Owner Participation Agreement for the subject
property at 203 N. Azusa Avenue; and
B. The project and the Agency's participation will help
eliminate blight and contribute to the accomplishment of the
goals of the Redevelopment Plan for the West End
Redevelopment Project Area; and
SECTION 2. The
Agency of the City of
agreement entitled "Owner
the Redevelopment Agency
Associates and authorizes
on behalf of the Agency
hereto as Exhibit "A".
Board of Directors of the Redevelopment
Azusa hereby approves that certain
Participation Agreement By and Between
of the City of Azusa and E.T. Legg and
the Chairman to execute said agreement
in substantially the form as is attached
SECTION 3. A Negative Declaration of Environmental
Impact for the Project was approved by City Council Resolution
8431 on June 6, 1988. No new information about the project or
the potential environmental impacts has come to light nor have
there been any significant changes in the project from the time
of its approval to the time of approval of this Agreement.
Therefore, as a responsible agency the Board of Directors finds
that there is no substantial evidence from which it can be fairly
argued that this Agreement will have a significant adverse effect
on the environment.
SECTION 4. The Secretary shall certify the adoption of
this resolution.
PASSED, APPROVED AND ADOPTED this 6th day of June ,
1988.
Cha-'
i man
I HEREBY CERTIFY that the foregoing Resolution was duly
adopted by the Baord of Directors of the Azusa Redevelopment
Agency of the City of Azusa, at a regular meeting thereof held on
the 6th day of June , 1988.
AYES: BOARD MEMBERS: AVILA, STEMRICH, NARANJO, LATTA, MOSES
NOES: BOARD MEMBERS: NONE
A/BSTT: BOARD MEMBERS: NONE
Secretai