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HomeMy WebLinkAboutResolution No. 93-R70 RESOLUTION NO. 93-R7 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AN OWNER PARTICIPATION AGREEMENT BETWEEN THE AGENCY AND FIBRE FUEL PRODUCTS, INC. THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Board of Directors of the Redevelopment Agency of the City of Azusa hereby finds, determines and declares as follows: A. The applicant, Fibre Fuel Products, Inc., submitted an application to the Agency for approval of a wood chip fuel processing plant pursuant to the provisions of the Agency's West End Redevelopment Plan. B. The Agency approved an Owner Participation Agreement on February 3,1986, said agreement having expired on February 3, 1991. C. The Agency desires to extend said Agreement subject to the imposition of additional conditions of approval in the form of a new Owner Participation Agreement. D. The use approved and regulated by the attached agreement with the applicant is potentially incompatible with the Agency's plan for the site and the area surrounding the site, but the conditions set forth in said agreement making the wood chip fuel processing plant as clean as possible makes the use and operation of this facility compatible with the Redevelopment Plan at this time. E. On November 28, 1983, the City Council of the City of Azusa and the Board of Directors of the Agency approved a final Environmental Impact Report for the West End Redevelopment Plan which addressed environmental concerns of anticipated projects of this type in the West End Redevelopment Project Area. The Board of Directors has reviewed said Environmental Impact Report and this project in relation to said Environmental Impact Report and hereby finds that the project as conditioned will not have any adverse effect upon the environment. The Board further finds that no significant additional information has been presented beyond that contained in the Environmental Impact Report for the West End Redevelopment Project which requires a supplemental Environmental Impact Report or further environmental review for this project. SECTION 2. The Board of Directors of the Redevelopment Agency of the City of Azusa hereby approves that certain agreement entitled "Owner Participation Agreement by and Between the Redevelopment Agency of the City of Azusa and Fibre Fuel Products, Inc., a California Corporation" dated as of February 1, 1993, and authorizes the Chairman of the Agency to execute said agreement on behalf of the Agency in substantially the form as set forth in Exhibit "A" attached hereto. SECTION 3. The Secretary shall certify the adoption of this Resolution. PASSED, APPROVED AND ADOPTED this 1st day of February 1993. c 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 1st day of February 1993, by the following vote of the Board: AYES: DIRECTORS: DANGLEIS, MADRID, NARNAJO, ALEXANDER, MOSES NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE ABSTAIN: DIRECTORS: cretary