HomeMy WebLinkAboutResolution No. 02-R300 •
RESOLUTION NO. 02-R30
A RESOLUTION OF THE AZUSA REDEVELOPMENT AGENCY BOARD OF DIRECTORS
APPROVING AN EXCLUSIVE RIGHT TO NEGOTIATE AGREEMENT (ERN) BETWEEN
THE AGENCY AND HANRICH ENTERPRISES, INC., FOR THE DEVELOPMENT OF
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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 negotiate for the redevelopment of 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;
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 Hanrich Enterprises, Inc., dated as of the
7`h day of October, 2002, is hereby approved and the Chairperson 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.
ADOPTED this 7`h day of October, 2002.
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I HEREBY CERTIFY that the foregoing Resolution No. o2R90was duly adopted
by the Redevelopment Agency of the City of Azusa, at a regular meeting thereof, held on
the 7th day of October, 2002, by the following vote of the Board.
AYES: DIRECTORS: HARDISON, STANFORD, CHAGNON, ROCHA, MADRID
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NONE
Agency Secretary
APPROVED AS TO FORM:
By:
Agency Counsel
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