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HomeMy WebLinkAboutResolution No. 95-R390 RESOLUTION NO. 95-R39 0 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING THE EXECUTION OF A LEASE AGREEMENT WITH PAM HENRY, DBA LIBERTY CANDLE COMPANY THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Redevelopment Agency of the City of Azusa does hereby find, determine and declare that: A. The Redevelopment Agency of the City of Azusa ("Agency") is engaged in activities necessary to execute and implement the Redevelopment Plan for the Merged Project ("Project"); and B. The Redevelopment Agency acquired the property at 630 and 632 North Azusa Avenue (the "Property") for the ultimate redevelopment of the entire Downtown Block 36. Until such time as there is an interested developer, the Redevelopment Agency can best use the site as rental property on a month-to-month basis, consistent with the Redevelopment Plan. C. In order to implement the Redevelopment Plan, the Agency proposes to enter into a Lease Agreement with Pam Henry, DBA Liberty Candle Company (the "Participant") in the Project Area; and D. The Agency has negotiated the terms of the Lease Agreement with the Participant; and E. The proposed Lease Agreement contains all the provisions, terms, conditions, and obligation required by state and local law; and F. The Participant has agreed to lease the Property as described in the Lease Agreement and in accordance with the purposes and objectives of the Redevelopment Plan; and G. Pursuant to provisions of the California Community Redevelopment Law, the Agency held a duly noticed public hearing on the proposed lease of the Property and on the proposed Lease Agreement; and H. The proposed Lease Agreement is in the best interests of the City of Azusa and its residents and in accord with the public purposes and provisions of applicable State and local laws. SECTION 2. The Agency hereby finds and determines that the Lease Agreement will not have a significant impact upon the environment or result in a substantial or potentially substantial adverse change in the environment. SECTION 3. The Agency hereby finds and determines that the lease of the Property will assist in the elimination of blight. SECTION 4. The Lease Agreement which establishes the terms and conditions for the lease of the Property from the Agency to the Participant, is hereby approved in substantially the form presented to the Agency, together with such minor changes as may be approved by the Executive Director and the Agency Counsel. SECTION 5. The Executive Director is hereby authorized to execute said Lease Agreement on behalf of the Agency and to take all action necessary to carry out said Agreement. 0 0 SECTION 6. The Agency Secretary shall certify to the passage and adoption of this Resolution and the same shall thereupon take effect and be in force. PASSED, APPROVED AND ADOPTED THIS 20th DAY OF June, 1995. Ch man I HEREBY CERTIFY that the foregoing Resolution was duly adopted at a meeting of the Redevelopment Agency of the City of Azusa, at a regular meeting thereof, held on the 20th day of June, 1995 by the following vote of the Agency Board of Directors: AYES: BOARDMEMBERS:HARDISON,MADRID, NARANJO,BEEBE,ALEXANDER NOES: BOARDMEMBERS: NONE resosVibls<.res