HomeMy WebLinkAboutResolution No. 6040 0
RESOLUTION NO. 604
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
APPROVING AN AGREEMENT ENTITLED "OWNER -
PARTICIPATION AGREEMENT BY AND BETWEEN THE
AZUSA REDEVELOPMENT AGENCY AND WILLIAM
BILLOTTI FOR 635 NORTH AZUSA AVENUE"
The Board of Directors of the Redevelopment Agency of the
City of Azusa resolves as follows:
SECTION 1. The Board of Directors of the Redevelopment
Agency of the City of Azusa hereby approves the certain agreement
entitled "Owner -Participation Agreement by and between the Azusa
Redevelopment Agency and William Billotti for 635 North Azusa
Avenue" and authorizes the Chairman of the Board of Directors to
execute said Agreement on behalf of the Agency in substantially
the form as attached hereto as Exhibit "A".
SECTION 2. 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 17th day of July, 1989.
Eugen 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 17th day of July 1989.
AYES: BOARD MEMBERS:
NOES: BOARD MEMBERS:
ABSENT,V BOARD MEMBERS:
j
Adolph S
AVILA, STEMRICH, NARANJO, LATTA, MOSES