HomeMy WebLinkAboutResolution No. 97-R110
RESOLUTION NO.97-R11
A RESOLUTION OF THE AZUSA REDEVELOPMENT
AGENCY BOARD OF DIRECTORS APPROVING AN
EXCLUSIVE NEGOTIATION AGREEMENT BETWEEN
THE AGENCY AND DAVID V. FERRARI, AN
INDIVIDUAL, FOR CERTAIN PROPERTY LOCATED AT
1000 WEST FOOTHILL BOULEVARD, AZUSA
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 David V. Ferrari, an individual, dated as of
March 18, 1997, 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 AD
this 17th day of March , 1997.
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 March , 1997 by the following vote of the Board:
AYES: DIRECTORS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NONE