HomeMy WebLinkAboutResolution No. 94-R30 0
RESOLUTION NO. 94-R3
A RESOLUTION OF THE AZUSA REDEVELOPMENT AGENCY
BOARD OF DIRECTORS APPROVING AN EXCLUSIVE
NEGOTIATION AGREEMENT BETWEEN THE AGENCY AND
R.E. BLEWETT INC. FOR CERTAIN PROPERTY LOCATED AT
600 NORTH CERRITOS AVENUE (BALBOA SITE)
THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY
OF AZUSA DOES HEREBY RESOLVE AS FOLLOWS:
WHEREAS, the Agency is authorized by the Community Redevelopment Law and other
applicable law to undertake affordable housing 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 housing goals and purposes of the Redevelopment Plans
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 R.E. Blewett Inc. dated as of
1994 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.
PASSED, APPROVED AND ADOPTED this 18th day of January 1994.
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 they day of January , 1994 by the following vote of the Board:
AYES: DIRECTORS: DANGLEIS, MADRID, NARANJO, MOSE
NOES: DIRECTORS: ALEXANDER
ABSENT: DIRECTORS: NONE
Secretary,/ eputy ecretary
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