HomeMy WebLinkAboutResolution No. 93-R250
RESOLUTION NO. 93-R25
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
APPROVING A PURCHASE AND SALE AGREEMENT
FOR THE ACQUISITION OF REAL PROPERTY
LOCATED AT 600 NORTH CERRITOS STREET IN THE
CITY OF AZUSA
WHEREAS, the Community Redevelopment Agency of the City of Azusa (the
"Agency") has the authority to acquire real property pursuant to Health and Safety Code
§§33391 and 33334.2; and
WHEREAS, the Federal National Mortgage Association (the "Seller") owns certain
real property (the 'Property") described in a purchase and sale agreement ("Agreement")
attached hereto as Exhibit 1; and
WHEREAS, Seller desires to sell and Agency desires to buy the Property; and
WHEREAS, the parties have negotiated the Agreement which sets forth the
particulars of the transactions.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AS FOLLOWS:
SECTIOiN 1. The Community Redevelopment Agency of the City of Azusa hereby
approves the Purchase and Sale Agreement attached hereto as Exhibit 1 and authorizes
the Chairman of the Agency to execute the Executive Director of the Agency to take all
other actions necessary or desirable to carry out the Agreement.
SECTION 2. The Secretary shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED THIS 7th DAY OF JUNE
1993.
Chairman
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Board
of Directors of the Redevelopment Agency of the City of Azusa, at a regular meeting
thereof, held on the 7th day of June 1993 by the following vote of the
Board:
AYES: BOARDMEMBERS:
NOES: BOARDMEMBERS:
ABSENT: BOARDMEMBERS:
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DANGLEIS, MADRID, MOSES
ALEXANDER
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