HomeMy WebLinkAboutResolution No. 98-R51RESOLUTION NO. 98-R51
A RESOLUTION OF THE AZUSA REDEVELOPMENT AGENCY BOARD OF
DIRECTORS APPROVING AN EXCLUSIVE RIGHT TO NEGOTIATE AGREEMENT
BETWEEN THE AGENCY AND MR. AND MRS. MCELHANEY (DBA GROUP
CENTREX COMMUNICATIONS), FOR CERTAIN PROPERTY LOCATED AT 619-621
NORTH AZUSA AVENUE, 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 Central Business District
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 Mr. and Mrs. McElhaney (dba Group Centrex
Communications), dated as of AK4uA4 3 , 1998, is hereby approved and the Chairperson
of the Agency is hereby authorized o sign and execute said Agreement on behalf of the Agency in
substantially the form as attached hereto and incorporated herein by reference.
2. The Secretary shall certify the adoption of this Resolution.
APPROVED AND ADOPTED this 3rd day of August , 1998.
I HEREBY CERTIFY that the foregoing Resolution No. 98-R51 was duly
adopted by the City Council of the City of Azusa, at a regular meeting thereof, held on the 3rd
day of August , 1998, by the following vote of the Board.
AYES: DIRECTORS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NONE
Agency
APPROVED AS TO FORM: a
7B: au K. lAriY.T�
Agency Counsel
Resoe/Mcelhaney.798