HomeMy WebLinkAboutResolution No. 92-R260 0
RESOLUTION NO. 92-R26
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF AZUSA APPROVING A
PURCHASE AND SALE AGREEMENT FOR THE
PURCHASE OF CERTAIN REAL PROPERTY GENERALLY
LOCATED AT 240 WEST FOOTHILL BOULEVARD
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
DOES RESOLVE AS FOLLOWS:
Section 1. The Community Redevelopment Agency ("Agency") of the City of
Azusa does hereby find, determine and declare as follows:
A. The Agency has received an offer to purchase certain real property
generally located at 240 West Foothill Boulevard ('Property");
B. The property is located in the Central Business District Project Area
under the Central Business District Redevelopment plan of the City of Azusa:
C. The Agency desires to purchase, and the seller desires to sell, the
Property on the terms and conditions and for the consideration as set forth in a
Purchase and Sale Agreement;
D. The Agency is not acquiring the Property by eminent domain and
is authorized to voluntarily acquire the Property for purposes of redevelopment
pursuant to the provisions of the Community Redevelopment law (Health &
Safety Code 33391);
E. The acquisition of the Property, as set forth in the Purchase and Sale
Agreement, is consistent with the Central Business District Redevelopment Plan
for the Central Business District Redevelopment Project Area. The Agency has
consulted the adopted Owner Participation Guidelines for the City of Azusa and
has proceeded in conformity thereto;
F. The purchaser price for the Property, as set forth in the Purchase
and Sale Agreement, represents the fair market value of the Property and the
Agency will not use Federal funds to acquire said property. Relocation assistance
is waived by the seller;
G. The acquisition of the Property is for redevelopment purposes and
furthers the health, safety and general welfare of the residents of Azusa;
H. This agreement pertains to and affects the ability of the Agency to
finance its activities and carry out its statutory obligations and the goals of the
Central Business District Redevelopment Plan. It is intended to be a contract
within the meaning of Government Code 53511; and
L In taking this action, the Agency has considered the environmental
impact of its decision, and after careful study, has determined that this project is
categorically exempt under the provisions of the California Environmental Quality
Act (Title 14 C.C.R. 15301); and the City of Azusa's environmental procedures.
The Agency, therefore, finds that this project will have no significant effect on the
environment.
Section 2. Based on all of the foregoing, the Community Redevelopment
Agency of the City of Azusa hereby approves that certain Purchase and Sale Agreement
for the purchase of property generally located at 240 West Foothill Boulevard in
substantially the same form as the agreement attached hereto as Exhibit "A" and
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incorporated herein by reference. The Agency further authorizes the Chairperson of the
Agency to execute said agreement on substantially the same form as depicted on Exhibit
"A„
Section 3. A copy of the Purchase and Sale Agreement, executed by the
Chairperson and the Seller of the Property shall be kept on file at City Hall. Staff is
directed to do all that is necessary to effectuate the intent of the Agreement and
consummate the purchase of the property.
Section 4. The Secretary shall certify the adoption of this Resolution.
PASSED AND APPROVED this 4th day of
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ATTEST:
1992.
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the
Community Redevelopment Agency of the City of Azusa at a regular meeting thereof,
held on the 4th day of May 1992, by the following vote,
to wit:
AYES: BOARDMEMBERS: DANGLEIS, MADRID, NARANJO, ALEXANDER,
MOSES
NOES: BOARDMEMBERS: NONE
ABSENT: BOARDMEMBERS: NONE
ABSTAIN: BOARDMEMBERS: NONE