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HomeMy WebLinkAboutResolution No. 89620 0 99SOLUTION NO. 8962 A RESOLUTION OF THE CITY. COUNCIL OF THE CITY OF AZUSA APPROVING AN AGREEMENT WITH THE AZUSA CHAMBER OF COMMERCE FOR THE PURCHASE OF THE CHAMBER OWNED PROPERTY AT THE NORTHWEST CORNER OF ALAMEDA AVENUE AND FOOTHILL BOULEVARD WHEREAS, the Azusa Chamber of Commerce has indicated a desire to sell back to the City that certain Chamber owned property now being leased by the City for parking lot purposes at the northwest corner of Alameda Avenue and Foothill Boulevard; and WHEREAS, City officials have indicated a desire to repurchase said real property. NOW, THEREFORE; the City Council of the City of Azusa does hereby determine and resolve as follows: SECTION A: The terms and purchase price negotiated.with the Chamber of -Commerce for the purchase of.said property are fair and reasonable. SECTION 2:; The City Council of the City of Azusa hereby approves that certain Agreement by and between the Azusa Chamber of Commerce and the City for the purchase and sale of said real property and authorizes the mayor to execute said Agreement on behalf of the City and City council in substantially the. form, attached hereto as "Exhibit A.$' SECTION 3: The City Clerk shall certify the adoption of this Resolution. PASSED, APPROVED AND ADOPTED this 19th day of November, 1990. wm�.'t 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 19th day of November, 1990, by the following vote of the City Council: AYES: DIRECTORS: DAN=S, STFIMCH, NA Njo, ALE=ER, MOSES NOES: DIRECTORS: ABSENT: DIRECTORS: NONE ABSTAIN: DIRECTORS: