HomeMy WebLinkAboutResolution No. 98-C1830 0
RESOLUTION NO. 98—C183
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
AZUSA, CALIFORNIA, APPROVING THE FIRST AMENDMENT TO
THE RITE AID PURCHASE AND SALE AGREEMENT
CONTAINING COVENANTS AND RESTRICTIONS AFFECTING
REAL PROPERTY
WHEREAS, the City of Azusa ("City") and Lake Development Group, Inc.(" Developer")
entered into that certain Purchase and Sale Agreement Containing Covenants and Restrictions Affecting
Real Property ("Purchase and Sale Agreement") dated June 16, 1998, for the purpose of having Developer
purchase property from City to construct a Rite Aid Drugstore and additional retail space; and
WHEREAS, City and Developer wish to amend the Purchase and Sale Agreement to
(i) change the timing and nature of events that may give rise to City's power of termination as provided
in the Purchase and Sale Agreement, and (ii) in certain other ways more particularly described in that
certain "First Amendment to Purchase and Sale Agreement" ("First Amendment") dated October 21, 1998,
and attached to this Resolution as Exhibit A; and
WHEREAS, The City Council desires to authorize the City Manager or his designee to
negotiate and amend certain shared parking agreements contained within Exhibit C of the Purchase and
Sale Agreement; and
WHEREAS, the First Amendment is in the best interests of City and in the public interest;
and
WHEREAS, City has concluded that the approval of the First Amendment is not subject
to review under the California Environmental Quality Act (CEQA) or the City of Azusa's Environmental
Guidelines because, pursuant to section 15061 of the CEQA Guidelines, it can be seen with certainty that
there is no possibility that the proposed amendments will have a significant effect on the environment.
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NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AZUSA,
CALIFORNIA, DOES FIND AND DECLARE THAT:
SECTION 1: The City Council hereby approves the First Amendment. The City
Manager is authorized to execute the First Amendment, including any minor non -substantive charges
thereto, and any other documents necessary to administer and carry out the transactions described in the
First Amendment.
SECTION 2. The City Council hereby authorizes the City Manager to negotiate and
amend the shared parking provisions contained in Exhibit C of the Purchase and Sale Agreement.
SECTION 3: City staff is directed to file a Notice of Exemption with the Los Angeles
County Clerk within three (3) days after adoption of this Resolution.
SECTION 4. This Resolution shall become effective upon its adoption.
PASSED, APPROVED AND ADOgED2_� day of November '1998.
ATTEST:
Candace Toscano
Deputy City Clerk
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF AZUSA )
I HEREBY CERTIFY that the foregoing Resolution No. 98-C 183 was duly adopted by
the City Council of the City of Azusa, at a regular meeting thereof, held on the 2"d day of
November, 1998 by the following vote of the Council:
AYES: COUNCILMEMBERS
NOES: COUNCILMEMBERS
ABSENT: COUNCILMEMBERS
1a�dA'Cj
Candace Toscano
Deputy City Clerk
APPROVED AS TO FORM:
Z J. ( - 0 L.,
City Attorney
HARDISON, STANFORD, ROCHA, BEEBE,
MADRID
NONE
NONE
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