HomeMy WebLinkAboutResolution No. 98-R180 0
RESOLUTION NO. 98—R18
RESOLUTION OF THE AZUSA REDEVELOPMENT
AGENCY APPROVING THAT CERTAIN DECLARATION OF CONDITIONS,
COVENANTS AND RESTRICTIONS TO BE EXECUTED BY RICHARD DEARTH AND
RECORDED AGAINST THAT CERTAIN REAL PROPERTY AT 850 FOOTHILL
BOULEVARD, AZUSA, CALIFORNIA
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 approve a
Declaration of Conditions, Covenants and Restrictions ("CC&R's") to be executed by Richard
Dearth against that real property identified by Assessor Parcel Numbers 8616-003-01, 02, and 03 and
commonly known as 850 Foothill Boulevard and as shown on Exhibit "A"; and
C. The Owner Participation Agreement ("OPA") previously entered into between the
Agency and the previous owner of the subject property shall be rescinded.
D. The Conditions, Covenants and Restrictions ("CC&R's") previously entered into
between the Agency and the previous owner of the subject property shall be rescinded.
SECTION 2. The Agency hereby approves the CC&R's in substantially the form presented
to the Board of Directors, a copy of which is attached hereto as Exhibit `B", together with such
minor changes as may be approved by the Executive Director of the Agency and Agency Counsel,
and further, authorizes the Executive Director to execute all necessary documents needed to rescind
the OPA.
SECTION 3. The Secretary of the Agency shall certify to the adoption of this Resolution
and the same shall thereupon take effect and be in force.
APPROVED AND ADOPTED BY THE mem ers of Lhe Azusa Redevelopment Agency
this 16 da of March , 1998.
Agency
HEREBY CERTIFY that the foregoing Resolution was duly passed, approved, and adopted by
the Board of Directors of the Redevelopment Agency of the City of Azusa, at a regular meeting of
said Board held on the 16 day of March , 1998 by the following vote of the Board:
AYES: BOARDMEMBERS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID
NOES: BOARDMEMBERS: NONE
ABSTAIN: BOARDMEMBERS: NONE
aBOARDMIMBERS NO
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6TH
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FOR PnEv. AssM^r SEE TRACT N0. 7875 M. B. 111_12_
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