HomeMy WebLinkAboutResolution No. 98-R5311
RESOLUTION NO. 98—R53
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A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
APPROVING AN THE PURCHASE AND SALE AGREEMENT WITH
AZUSA VALLEY WATER COMPANY
THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE
CITY OF AZUSA DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Board of Directors of the Redevelopment Agency of the City of Azusa
does hereby find, 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 Merged Central Business/West
End Project Area (Redevelopment Plan"); and
B. In order to implement the Redevelopment Plan, the Agency proposes to enter into a
Purchase and Sale Agreement ("Agreement") with Azusa Valley Water Company ("City"); and
C. The Agency and City have negotiated the terms of the Agreement; and
D. The proposed Agreement contains all of the provisions, terms, conditions and
obligations required by state and local law; and
E. The activities to be undertaken pursuant to the Agreement will be upon property
located outside of the Project Area but adjacent thereto. The governing board determines that the
Agreement will provide benefit to the Project Area by providing for the development of a
underutilized land, by providing additional housing to relieve housing pressure within the Project
Area, and by providing the potential for economic benefit to residents/businesses located within the
Project Area.
E. The activities undertaken pursuant to the Agreement are categorically exempt from
the requirements of the California Environmental Quality Act pursuant to Section 15303, 14
California Code of Regulations.
SECTION 2. The Agency hereby approves the Agreement in substantially the form
presented to the Board of Directors, a copy of which is attached hereto as Exhibit "A," together with
such minor changes as may be approved by the Executive Director of the Agency and Agency
Counsel.
SECTION 3. The Chairman of the Agency is hereby authorized to execute the Agreement
on behalf of the Agency and to take all action necessary to carry out the Agreement.
SECTION 4. The Secretary shall certify the passage and adoption of this Resolution and the
same shall thereupon take effect and be in force.
SECTION 5. Agency staff is directed to file a Notice of Exemption with the Los Angeles
County Clerk.
APPROVED Ar "OPTED this 17 t- bday of A,,q„Gt- 1998.
Chairperson
re Boa%r.p3pce.898
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I HEREBY CERTIFY that the foregoing Resolution No. 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 17thday of August ,1998, by the following vote of the Council.
AYES: BOARD MEMBERS: Hardison Stanford, Rocha, Beebe, Madrid
NOES: BOARD MEMBERS: None
ABSENT: BOARD MEMBERS: None
APPROVED AS TO FORM:
M
Agency Counsel
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