HomeMy WebLinkAboutResolution No. 6770 0
RESOLUTION NO. 677
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
AZIISA REDEVELOPMENT AGENCY AND WILLIAM
BILLOTTI FOR 631-633 NORTH AZIISA 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
Redevelopment Agency of the City of Azusa and William Billotti
for 631-633 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 15th day of January
1990.
u e 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 15th day of Janaury, 1990.
AYES: BOARDMEMBERS: AVILA, STEMRICH, NARANJO, LATTA, MOSES
NOES: BOARDMEMBERS: NONE
ABSENT: BOARDMEMBERS: NONE
Adolph Solis, ecretary