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HomeMy WebLinkAboutResolution No. 97-C108• RESOLUTION NO. 97-C108 A RESOLUTION OF THE CITY OF AZUSA APPROVING AN THE PURCHASE AND SALE AGREEMENT WITH AZUSA VALLEY WATER COMPANY THE CITY COUNCIL OF THE CITY OF AZUSA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City Council of the City of Azusa does hereby find, determine and declare 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 Azusa Valley Water Company ("City"); and C. The Agency and City 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 residents/businesses 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 City hereby approves the Agreement in substantially the form presented to the City Council, a copy of which is attached hereto as Exhibit "A," together with such minor changes as may be approved by the Mayor and City Attorney. SECTION 3. The Mayor of the City of Azusa is hereby authorized to execute the Agreement on behalf of the City and to take all action necessary to carry out the Agreement. SECTION 4. The City Clerk 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. [e eoe\[op2p6e.cc this 4th day of August 1997. 0 0 I HEREBY CERTIFY that the foregoing Resolution No.97-C108 was duly adopted by the City Council of the City of Azusa, at a regular meeting thereof, held on the 4 day of August 1997, by the following vote of the Council. AYES: CITY COUNCILMEMBERS: Hardison, Stanford, Rocha, Madrid NOES: CITY COUNCILMEMBERS: Beebe ABSENT: CITY COUNCILMEMBERS: None APPROVED AS TO FORM: By: City Attorney