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HomeMy WebLinkAboutResolution No. 92-R90 • RESOLUTION NO. 92-R9 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING A PUR- CHASE AND SALE AGREEMENT FOR THE PURCHASE OF CERTAIN REAL PROPERTY GENERALLY LOCATED AT 1000 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 unimproved real property generally located at 1000 West Foothill Boulevard ("Property"); B. The property is located in West End Redevelopment Project Area under the West End 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 nor by threat of condemnation and is autho- rized 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 West End Redevelopment Plan for the West End 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 purchase 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 assis- tance is waived by the seller; G. The acquisition of the Property is for redevelop- ment 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 West End Redevel- opment Plan. It is intended to be a contract within the meaning of Government Code §53511; and I. 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, the California Environmental Quality Act Guidelines (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 environ- ment. 5484.1 0 I] 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 1000 West Foothill Boulevard in substantial- ly the same form as the agreement attached hereto as Exhibit "A" and incorporated herein by reference. The Agency further autho- rizes the Chairperson of the Agency to execute said agreement in 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 18th day of February 1992. ATTEST: SE ETARY V CHAIRPERSON 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 18th day of February 1992, by the following vote, to wit: AYES: BOARDMEMBERS:DANr,LEIS,,,STEMRICH, NARANJO, DAN(,LEIS, ALEXANDER, MOSES NOES: BOARDMEMBERS:NONE ABSENT: BOARDMEMBERS:NONE ABSTAIN: BOARDMEMBERS:NONE SECRETARY 5494.1 -2-