HomeMy WebLinkAboutResolution No. 92-R720 0
RESOLUTION 22--R7 2
RESOLUTION OF THE AZUSA REDEVELOPMENT
AGENCY BOARD OF DIRECTORS APPROVING AN
EXCLUSIVE NEGOTIATION AGREEMENT BETWEEN
THE AGENCY AND 3DQ PROPERTIES FOR CERTAIN
PROPERTY LOCATED WITHIN THE WEST END
REDEVELOPMENT PROJECT AREA
WHEREAS, the Agency is authorized by the Community Redevelopment Law and
other applicable law to undertake redevelopment projects in order to best accomplish
the purposes and goals of the redevelopment plans for various project areas;
WHEREAS, The Agency desires to redevelop the property set forth in the agreement
as attached in order to best accomplish the goals and purposes of the Redevelopment
Plan of the West End Redevelopment Project Area, and the developer desires to
redevelop said property;
NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the
Redevelopment Agency of the City of Azusa as follows:
SECTION 1. That certain Exclusive Negotiation Agreement by and between the
Redevelopment Agency of the City of Azusa and 3DQ Properties dated as of
, 1992 is hereby approved and the Chairman of the Agency is
hereby authorized to sign and execute said Agreement on behalf of the Agency in
substantially the form as attached hereto and incorporated herein by reference.
SECTION 2. The Secretary shall certify the adoption of this Resolution.
APPROVED AND ADOPTED this 21st day of December, 1992.
r J
Eugene . Moses, Chairman
I HEREBY CERTIFY that the foregoing resolution was duly adopted by the
Redevelopment Agency of the City of Azusa at a regular meeting thereof, held on the
21st day of December 1992.
AYES: DIRECTORS: DANGLEIS, MADRID, ALEXANDER, MOSES
NOES DIRECTORS: NONE
ABSENT: DIRECTORS: NARANJO