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HomeMy WebLinkAboutResolution No. 4590 RESOLUTION NO. 459 0 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AMENDMENT NUMBER ONE TO THAT CERTAIN AGREEMENT ENTITLED "DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE AZUSA REDEVELOPMENT AGENCY AND CLIFTON AND LILLIE MAE ROGERS The Board of Directors of the Redevelopment Agency of the City of Azusa resolves as follows: SECTION 1. On April 21, 1986 the Board of Directors adopted Resolution No. 263 approving a Disposition and Development Agreement between the Azusa Redevelopment Agency and Rogers Toyota Inc. The Agreement was subsequently assigned to Clifton and Lillie Mae Rogers on June 2, 1986. SECTION 2. The Board of Directors of the Redevelopment Agency of the City of Azusa hereby finds that the Amendment Number One to the Disposition and Development Agreement by and between the Azusa Redevelopment Agency and Clifton and Lillie Mae Rogers will contribute to the accomplishment of the Agency's goals in the Central Business District Redevelopment Project Area and the goal of redeveloping the Site and hereby incorporates by reference the change 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 Disposition and Development Agreement by and between the Azusa Redevelopment Agency and Clifton and Lillie Mae Rogers 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 6th day of June 1988. Eu en$-�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 6th day of June , 1987. AYES: BOARD MEMBERS NOES: BOARD MEMBERS ABSENT: BOARD MEMBERS: Adolph S lis, Secretary AVILA, STEMRICH, NARANJO, LATTA, MOSES NONE NONE