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HomeMy WebLinkAboutResolution No. 06-R52E RESOLUTION NO. 06-R52 4 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING A SETTLEMENT AGREEMENT FOR THE PURCHASE OF CERTAIN REAL PROPERTY AND RELOCATION OF THE BUSINESS GENERALLY LOCATED AT 100 EAST FOOTHILL BOULEVARD WITHIN THE MERGED CENTRAL BUSINESS DISTRICT AND WEST END REDEVELOPMENT PROJECT AREA THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DOES RESOLVE AS FOLLOWS: SECTION 1. The Redevelopment Agency ("Agency") of the City of Azusa does hereby find, determine and declare as follows: A. The Agency has negotiated a settlement for the purchase of certain improved real property and relocation of the business generally located at 100 Fast Foothill Boulevard ("Property"); B. The Property is located in the Agency's Merged Central Business District and West End Redevelopment Project Area (the "Project Area"); C. The Agency desires to purchase the Property and relocate the Tenant on the terms and conditions set forth in the Settlement Agreement; D. The Agency is authorized to acquire the Property for purposes of redevelopment pursuant to Section 33391 of the Community Redevelopment law (Health &Safety Code §33000, et seq); E. The acquisition of the Property will further the health, safety and general welfare of the residents of Azusa; F. This agreement pertains to and affects the ability of the Agency to finance its activities and carry out its statutory obligations and the goals of the Redevelopment Plan. It is intended to be a contract within the meaning of Government Code §53511; and G. In taking this action, the Agency has determined that the acquisition of the property is not a "project" under the provisions of the California Environmental Quality Act, the California Environmental Quality Act Guidelines (Title 14 C.C.R. §15004) and the City of Azusa's environmental procedures. SECTION 2. Based on all of the foregoing, the Redevelopment Agency of the City of Azusa hereby approves that certain Settlement Agreement for the purchase of property and relocation of the tenant for the property generally located at 100 Fast Foothill Boulevard in the form attached hereto as Exhibit "B" and incorporated herein by reference. The Agency further authorizes the Executive Director of the Agency to execute said agreement in substantially the same form as depicted on Exhibit 'B". SECTION 3. A copy of the Settlement Agreement, executed by the Executive Director, the Seller and the Tenant of the Property shall be kept on file at City Hall. Staff is directed to do all that is necessary to effectuate the intent of the Agreement and consummate the purchase of the Property. SECTION 4. The Agency Secretary shall certify the adoption of this Resolution. PASSED AND APPROVED this 4th day of December, 2006. Chairman 1 HEREBY CERTIFY that the foregoing Resolution No. 06-R52, 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 4`h day of December, 2006, by the following vote of the Board: AYES: BOARDMEMBERS: HARDISON, CARRILLO, ROCHA, HANKS, CHAGNON NOES: BOARDMEMBERS: NONE ABSTAIN: BOARDMEMBERS: NONE ABSENT: BOARDMEMBERS: NONE Secretary