HomeMy WebLinkAboutResolution No. 91-R4RESOLUTION NO. 91-R4?
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A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF AZUSA APPROVING AN EXCLUSIVE
LISTING AGREEMENT WITH GRUBB & ELLIS FOR THE
MARKETING OF PROPERTY AT 118 N. AZUSA AVENUE.
WHEREAS, the Agency owns property located at 118 N. Azusa
Avenue, which is currently vacant and unused; and
WHEREAS, the Agency desires to find a user for the property,
preferably a sit-down restaurant type of use; and
WHEREAS, the Grubb & Ellis Realty Company has offered to
list the property for a negotiated commission and actively pursue
restaurant users to buy the property for development.
NOW, THEREFORE, the Redevelopment Agency of the City of
Azusa does hereby resolve as follows:
SECTION 1: The Board of Directors of the Redevelopment
Agency of the City of Azusa hereby approves a six-month listing
agreement with Grubb & Ellis for the marketing of the property
at 118 N. Azusa Avenue and authorizes the Agency Chairman or
Executive Director to execute the listing agreement on behalf of
the Agency in substantially the same form as attached hereto as
"Exhibit A."
SECTION 2: The Agency Secretary shall certify the adoption
of this Resolution.
PASSED, APPROVED AND ADOPTED THIS 4th DAY OF
March , 1991
/dww,-91 ^^ate""
Chairman
I HEREBY CERTIFY that the foregoing Resolution was duly
adopted by the City Council of the City of Azusa, at a regular
meeting thereof, held on the 4th day of March ,
1991 by the following vote of the Council:
AYES: COUNCILMEMBERS:DANGLEIS,
NOES: COUNCILMEMBERS:NONE
ABSENT: COUNCILMEMBERS:NARANJO
FI
STEMRICH, ALE {ANDER; MOSES
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