HomeMy WebLinkAboutResolution No. 96-R480 0
RESOLUTION NO. 96-R48
A RESOLUTION OF THE AZUSA REDEVELOPMENT
AGENCY BOARD OF DIRECTORS APPROVING AN
EXCLUSIVE NEGOTIATION AGREEMENT BETWEEN
THE AGENCY AND PRO -ONE, INCORPORATED, FOR
CERTAIN PROPERTY LOCATED AT 1000 WEST
FOOTHILL BOULEVARD
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 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 goals and purposes of the West End Redevelopment Plan
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 Pro -One, Incorporated, dated as of
, 1996, 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 16 day of Sept • 1996.
hairman Pro—tem
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 16 day of Sept . , 1996 by the following vote of the Board:
AYES: DIRECTORS: HARDISON, MADRID, NARANJO, BEEBE
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: ALEXANDER
I6M y.1I D.M1