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HomeMy WebLinkAboutResolution No. 92-R600 6 RESOLUTION 92-R60 RESOLUTION OF THE AZUSA REDEVELOPMENT AGENCY BOARD OF DIRECTORS APPROVING AN EXCLUSIVE NEGOTIATION AGREEMENT BETWEEN THE AGENCY AND TAMA TRADING COMPANY 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 Tama Trading Co. dated as of October 19, , 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 19th day of October , 1992. F. Moses, . 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 19th day of October 1992. AYES: DIRECTORS: DANGLEIS, MADRID, NARANJO NOES: DIRECTORS: ALEXANDER, MOSES ABSENT: DIRECTORS: NONE Secretary