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HomeMy WebLinkAboutResolution No. 01-R189 0 RESOLUTION NO. 01_R18 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AN THE PURCHASE AND SALE AGREEMENT WITH MS ROBIN ANDREWS MALOOF 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 Ms. Robin Andrews Maloof ("Seller"); and C. The Agency and Seller 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 residentsfbusinesses 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 Board hereby approves the Agreement in substantially the form presented to the Agency Board, a copy of which is attached hereto as Exhibit "A," together with such minor changes as may be approved by the Chairperson and City Attorney. SECTION 3. The Chairman of the Board of Directors of the Redevelopment Agency of the City of Azusa is hereby authorized to execute the Agreement on behalf of the Agency and to take all action necessary to carry out the Agreement. W:\RE505\rop4p4a.D?01.vd Exhibit 3 0 0 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 AND ADOPTED this 2nd day of July 2001. I HEREBY CERTIFY that the foregoing Resolution No. 01-R18 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 2n(Iday of ,T„ t v 2001, by the following vote of the Agency Board. AYES: AGENCY BOARD MEMBERS: NOES: AGENCY BOARD MEMBERS: ABSENT: AGENCY BOARD MEMBERS: Secretary/Deputy Secretary APPROVED AS TO FORM: By k/W'LII C4 City Attorney 'd': \RES0S\mp4p,.0001 . wpd —2— Hardison,Stanford,Rocha,Chagnon Madrid None None