HomeMy WebLinkAboutResolution No. 7701RESOLUTION NO. 7701
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF AZUSA APPROVING A LEASE BETWEEN THE CITY
OF AZUSA AND THE AZUSA CHAMBER OF COMMERCE
FOR USE BY THE CITY OF A PARKING LOT AT AND
NEAR THE CORNER OF FOOTHILL BOULEVARD AND
ALAMEDA IN THE CITY OF AZUSA
THE CITY COUNCIL OF THE CITY OF AZUSA DOES HEREBY
RESOLVE AS FOLLOWS:
SECTION 1. The City Council of the City of Azusa
hereby finds, determines and declares that:
A. The Azusa Chamber of Commerce has purchased
four parcels of property from the City of Azusa
located near the intersection of Foothill Boule-
vard and Alameda within the City which prior to
the sale had been used by the City as a parking
lot;
B. Within three years from the date of the sale
the Chamber has agreed to construct a building
on said property to house its offices and to
generate income for the Chamber;
C. Prior to commencement of construction the
Chamber desires to make the best economic use
of its property which is by use of it as a
temporary parking lot;
D. The City has a need for a temporary parking
lot at the location of the subject property and
has, in fact, used the -subject property as a
parking lot for the previous ten years;
E. The Chamber has undertaken many projects
and activities over the years which have sub-
stantially contributed to the economic develop-
ment of the City of Azusa and to the betterment
of life for its citizens;
F. The City's expenditure of funds for such
services is authorized pursuant to the provisions
of California Government Code Sections 37110 and
40100 and other applicable law;
G. The rent for lease of the subject property
represents the fair market value of such lease-
hold interest as determined by comparable rents
in the community under similar terms and condi-
tions;
H. The lease of the property to the City under
the terms of the lease approved by this resolu-
tion will directly and substantially benefit the
City of Azusa in its effort to advertise, promote
and develop the City of Azusa.
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SECTION 2. That certain lease entitled "Lease" by
and between the City of Azusa and the Azusa Chamber of Commerce
relating to the lease of property on the northwest corner of
Foothill Boulevard and Alameda Avenue in the City of Azusa, as
more particularly described therein, is hereby approved and the
Mayor is authorized to execute the said lease on behalf of the
City in substantially the form as set forth in Exhibit "A",
attached hereto and incorporated herein by reference.
SECTION 3. The City Clerk shall certify the adoption
of this resolution.
1985.
PASSED, APPROVED AND ADOPTED this 6th day of May ,
.
•.
I HEREBY CERTIFY that the foregoing Resolution was
duly adopted by the City Council of the City of Azusa, at a
regular meeting thereof, held on the 6th day of May 1985,
by the following vote of the Council:
AYES: COUNCILMEMBERS: CAMARENA, LATTA, MOSES
NOES: COUNCILMEMBERS: CRUZ
ARRENT: COIINCTT.MEMBERS:
COOK
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