HomeMy WebLinkAboutResolution No. 96-R230 0
RESOLUTION NO. 96-R23
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF AZUSA AND THE BOARD MEMBERS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
APPROVING AMENDMENT NO. 4 TO THE DISPOSITION
AND DEVELOPMENT AGREEMENT BY AND BETWEEN
THE REDEVELOPMENT AGENCY OF THE CITY OF
AZUSA AND AZUSA FOOTHILL PARTNERS, A
CALIFORNIA LIMITED PARTNERSHIP
THE CITY COUNCIL OF THE CITY OF AZUSA AND THE BOARD OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DO HEREBY RESOLVE AS
FOLLOWS:
SECTION 1. The Members of the City Council of the City of Azusa and the Board
Members of the Redevelopment Agency of the City of Azusa hereby jointly 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 Central Business District
Redevelopment Project ("Project"); and
B. In order to implement the Redevelopment Plan, the Agency and the City, at a joint
hearing held August 1, 1994, approved an amendment to the Disposition and Development
Agreement between the Agency and HLC Const. Corp. to provide for the assumption of such
agreement by Lee Group, Inc., and the modification of that agreement to provide for the sale of
additional property and the construction of two additional homes; and a second amendment to the
DDA ("Amendment No. 2") to provide for the assumption of the DDA by Azusa Foothill
Partners, a California limited partnership ("Developer"), comprised of the Lee Group, Inc., as
general partner and L.E. Duncan as the limited partner; and a third amendment to the DDA
("Amendment No. 3") to provide the reduction of restricted units; and are now proposing
Amendment No. 4: and
C. The Agency and Developer have negotiated the terms of Amendment No. 4; and
D. Amendment No. 4 contains all the provisions, terms, conditions, and obligations
required by state and local law; and
E. The City and Agency have found Amendment No. 4 to be exempt pursuant to Section
15303 of Title 14 of the California Code of Regulations; and
SECTION 2. The City and Agency hereby find and determine that Amendment No. 4
satisfies the categorical exemption found in Section 15303 of Title 14 of the Code of California
Regulations, adopted pursuant to the California Environmental Quality Act.
SECTION 3. Amendment No. 4 is hereby approved in substantially the form presented
to the Council and the Board, together with such minor changes as may be approved by the City
Administrator and the City Attorney.
SECTION 4. The Mayor/Chairman is hereby authorized to execute Amendment No. 4
on behalf of the City and the Agency and to take all action necessary to carry out Amendment No.
4.
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SECTION 5. The City Clerk/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 3rd day of June, 1996.
Mayor/Chairman
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City of Azusa
and the Redevelopment Agency of the City of Azusa, at a joint meeting thereof, held on the 3rd
day of June, 1996 by the following vote of the Council and the Board:
AYES: COUNCILMEMBERSBOARDMEMBERS:HARD ISON, MADRID, NARANJO,BEEBE
NOES: COUNCILMEMBERS/BOARDMEMBERS: ALEXANDER
ABSENT: COUNCILMEMBERS/BOARDMEMBERS:NONE
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