HomeMy WebLinkAboutResolution No. 4290
RESOLUTION No. 429
0
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF AZUSA APPROVING A LEASE AGREEMENT
WITH RAPHAEL GENECE FOR PROPERTY LOCATED AT
116-118 N. AZUSA AVENUE, AZUSA
THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE
CITY OF AZUSA DOES RESOLVE AS FOLLOWS:
SECTION 1. This Resolution and approval of the Lease
described herein is made with respect to the following findings
of fact by the Board of Directors:
A. The Agency initiated eminent domain proceedings against
James Aszman for the acquisition of the subject property
located at 116-118 N. Azusa Avenue, Azusa;
B. The Court has ordered possession of the subject
property transferred to the Agency;
C. This lease is necessary
on the subject property until
completed; and
to enable the lessee to remain
relocation proceedings can be
D. The rent set forth in the Lease is not greater than the
fair market value for properties of this type in the area.
SECTION 2. The Board of Directors of the Redevelopment
Agency of the City of Azusa hereby approves that certain "Lease
Agreement" by and between the Agency and Raphael Genece dated as
of December 31, 1987 and authorizes the Chairman to execute the
Lease in substantially the form as attached hereto as Exhibit
"A."
SECTION 3. The Secretary shall certify adoption of this
Resolution.
PASSED, APPROVED AND ADOPTED this 18th day of January I
1988.
Ch 71rman
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 18th day of January , 1988.
AYES: BOARD MEMBERS:
NOES: BOARD MEMBERS:
ABSENT: BOARD MEMBERS:
ax
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