HomeMy WebLinkAboutResolution No. 95-R70 0
RESOLUTION NO. 95-R7
A RESOLUTION OF THE BOARD OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
APPROVING THE AGENCY'S LEASE OF REAL
PROPERTY FROM AZ -BP ASSOCIATES, LTD. AND
APPROVING THE LEASE AGREEMENT BETWEEN THE
PARTIES
THE BOARD OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
RESOLVES AS FOLLOWS:
SECTION 1. The Board of the Redevelopment Agency of the City of Azusa finds,
determines, and declares 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
Central District Redevelopment Project ("Project"); and
B. The Agency previously assisted with the development of the Mission Chrysler
dealership located on Azusa Boulevard, immediately south of the 210 Freeway;
and
C. In order to implement the Redevelopment Plan and as required by the Disposition
and Development Agreement entered into by the parties in connection with the
Mission Chrysler development, the Agency proposes to lease property from AZ -
BP Associates, Ltd.; and
D. The leased property will be used for storage of inventory (vehicles)
by Mission Chrysler; and
E. The Agency and AZ -BP Associates, Ltd., have negotiated the
terms of the Lease Agreement; and
F. The proposed Lease Agreement contains all the provisions, terms,
conditions, and obligations required by state and local law; and
G. The Agency has found and determined, on the basis of an initial
study, that the lease will have no significant impact on the
environment.
SECTION 2. The Agency finds and determines that the proposed lease will have no
significant impact on the environment and therefore approves the negative declaration prepared
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in accordance with the California Environmental Quality Act.
SECTION 3. The lease of the Property by the Agency from AZ -BP Associates, Ltd.,
and the Lease Agreement which establishes the terms and conditions for the lease, are approved
in substantially the form presented to the Board, together with such minor changes as may be
approved by the Executive Director and Agency Legal Counsel.
SECTION 4. The Executive Director is authorized to execute the Lease Agreement on
behalf of the Agency and to take all action necessary to carry out said Agreement.
SECTION 5. The Secretary shall certify to the passage and adoption of this Resolution
and it will take effect after the certification.
PASSED, APPROVED, AND ADOPTED this 6th day of February, 1995.
Chairman
I HEREBY CERTIFY that the foregoing Resolution was duly adopted of a meeting of
the Redevelopment Agency of the City of Azusa at its regular meeting held on the 6th day of
FEB. , 1995, by the following vote of the Board:
AYES:
BOARDMEMBERS: MADRID, NARANJO, BEEBE
NOES:
BOARDMEMBERS: ALEXANDER
ABSENT:
BOARDMEMBERS: HARDISON
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