HomeMy WebLinkAboutResolution No. 95-R24•
RESOLUTION N0. 95-R24
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF AZUSA APPROVING A PURCHASE
AND SALE AGREEMENT FOR THE PURCHASE OF CERTAIN
REAL PROPERTY GENERALLY LOCATED AT 116 and 134
EAST 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 improved real
property generally located at 116 and 134 East Foothill Boulevard ("Property");
B. The Property is located in Azusa Central Business District
Redevelopment Project Area under the 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 threat of condemnation
and is authorized 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 is consistent with the Redevelopment
Plan for the 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.
G. The acquisition of the Property is for redevelopment 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
Redevelopment 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 environment.
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 116 and 134 East Foothill Boulevard in substantially the same form as
the agreement attached hereto as Exhibit "A" and incorporated herein by reference. The Agency
further authorizes the Chairperson of the Agency to execute said agreement in substantially the same
form as depicted on Exhibit "A".
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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 Agency Secretary shall certify the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED THIS 17th DAY OF April, 1995.
C airman
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 17th
day of April, 1995 by the following vote of the Board:
AYES: BOARDMEMBERS: HARDISON, MADRID, NARANJO
NOES: BOARDMEMBERS: BEEBE
ABSENT: BOA RDMEM
ERS:.NONE
ABSTAIN: OARDMEMBIET ALEXANDER
e retary/Dep ty Seertary
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