HomeMy WebLinkAboutResolution No. 6680 0
RESOLUTION NO. 668
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZIISA
APPROVING AN AGREEMENT ENTITLED "OWNER -
PARTICIPATION AGREEMENT BY AND BETWEEN THE
AZIISA REDEVELOPMENT AGENCY AND DEUSTCH/LEVIN
COMPANY, A CALIFORNIA JOINT VENTURE"
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
Redevelopment Agency of the City of Azusa and Deustch/Levin
Company, a California Joint Venture" 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 Planning Commision of the City of Azusa
has approved a Categorical Exemption Class 1(d) for this project.
No environmental impacts beyond those already considered in the
Environmental Impact Report for the West End Redevelopment
Project certified on November 14, 1983 are anticipated.
SECTION 3. 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 21st day of Deceinhpr ,
1989.
Eug 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 21st day of December , 1989.
AYES: BOARDMEMBERS:
NOES: BOARDMEMBERS:
ABSENT: BOARDMEMBERS:
l�
Adolph polis, Secretary
AVILA, STEMRICH, NARANJO, LATTA, MOSES
NONE
NONE