HomeMy WebLinkAboutResolution No. 6759 0
RESOLUTION No. 675
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZIISA
APPROVING AN AGREEMENT ENTITLED 11OWNER-
PARTICIPATION AGREEMENT BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF AZIISA AND
BUILDER'S DISCOUNT, A CALIFORNIA CORPORATION
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 Builder's
Discount, a California Corporation" 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, if
needed, promptly upon its execution by all parties thereto.
PASSED, APPROVED AND ADOPTED this 15th day of January
F"Il]F
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u 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 15th day of January, 1990.
AYES: BOARDMEMBERS: AVILA, STEMRICH, NARANJO, LATTA, MOSES
NOES: BOARDMEMBERS: NONE
ABSENT: BOARDMEMBERS: NONE
Adoij5TI Soli , secretary