HomeMy WebLinkAboutResolution No. 2017-OB02/do'bN
RESOLUTION NO. 2017 -OB -02
A RESOLUTION OF THE OVERSIGHT BOARD TO THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING
THE SALE OF LAND FROM THE SUCCESSOR AGENCY TO OLSON
URBAN HOUSING, INC.
WHEREAS, on December 12, 2016, the Successor Agency to the Redevelopment Agency approved
the Purchase and Sale Agreement for the sale of the A-2 Property, just north of the Gold Line tracks,
between Alameda Avenue and Dalton Avenue, South of 9th street; and
WHEREAS, all of the subject parcels are owned by the Successor Agency of the Azusa
Redevelopment Agency (Agency); and
WHEREAS, pursuant to those laws governing the dissolution of redevelopment agencies, the sale of
land following the approval of the Long Range Property Management Plan by the Department of
Finance requires the approval of the Oversight Board; and
WHEREAS, the Long Range Property Management Plan called for the sale of these parcel on the
open market; and
WHEREAS, Staff recommends that the Oversight Board find that the sale pursuant to the Purchase
and Sale Agreement is consistent with the Long Range Property Management Plan and approve the
sale.
NOW, THEREFORE, THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY
OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DOES HEREBY
RESOLVE AS FOLLOWS:
SECTION 1: The sale of land pursuant to the Purchase and Sale Agreement is consistent
with and does implement the disposition of property pursuant to the approved Long Range Property
Management Plan.
SECTION 2: That the Oversight Board approves the sale and directs the Executive Director
to take all such actions as are necessary and appropriate to implement the transaction.
SECTION 3: This resolution shall take effect immediately upon adoption.
APPROVED AND ADOPTED THIS 1St day of February, 2017.
L
Robert Gonzales, Chairperson
Oversight Board
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
Go
ATTEST:
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Secretary
Oversight Board
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
I HEREBY CERTIFY that the foregoing Resolution No.2017-OB-02 was duly adopted by the
Board Members of the Oversight Board to the Successor Agency of the Former Redevelopment Agency
of the City of Azusa, at a special meeting thereof held on the 1" day of February, 2017, by the following
vote of Board Members:
AYES: BOARD MEMBERS: BARBOSA, HERNANDEZ, JOHNSON, DICKERSON
NOES: BOARD MEMBERS: NONE
ABSENT: BOARD MEMBERS: ROMERO
ABSTAIN: BOARD MEMBERS: GONZALES
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ecretary
Oversight Board
Successor Agency to the Former Redevelopment Agency
of the City of Azusa