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HomeMy WebLinkAboutAgenda Packet - October 21, 1991 - CC CIIMEMI OF AZUSA -7A6Ccuwe Finance Vepanxment *** Bud.Lne44 L.Lcende D.Lv44 Lon (818 ) 334-5125 Ext. 289 AGENDA ITEM TO: HONORABLE MAYOR AND MEMBERS OFE CI - COUNCIL � FROM: GEOFF CRAIG, DIRECTOR OF FINANCEd VIA: CITY ADMINISTRATOR DATE: OCTOBER 21, 1991 SUBJECT: A "QUITTING BUSINESS SALE" FOR J. C. PENNEY CO. , INC. 820 E. ALOSTA AVE. Background Section 5.48. 010 of the Azusa Municipal Code states that a "Quitting Business Sale" must first be approved by the Azusa City Council. Findings As stated in the attached letter received October 21, 1991, J. C. Penney Co. , Inc. is requesting permission to hold a "Quitting Business" sale beginning November 1 and continuing through their last day of business, January 18, 1992 . Recommendation Staff recommends that Council approve the request from J. C. Penney Co. , Inc. to conduct a "Quitting Business" sale from November 1, 1991 through January 18, 1992 . itapejd 7°/2"/ 22 213 Fadi Foothitt B'vd. , P. O. Box 1395, Azuda, Catilionn.La 91102-1395 I JCPenney Azusa City Council, October 17 , 1991 I hereby , as a representative of the JCPenney Company at 820 East Alosta Avenue in Azusa, do submit an application to conduct a going out of business sale. This sale will be held at the 820 East Alosta address where we currently operate as a retail store. Our long term lease with the landlord has expired, and this location is no longer available to us . We will be liquidating our merchandise ownership at this location. We would like to begin our "Going out of business" sale on Friday November 1 . Our last day of business will be Saturday, January 18, 1992 . We will remain in the building until the end of the month of January to remove and dispose of fixturing and etc. Thank you for your help and support over these many years. Cordially yours, Larry D. Noble y 6/ JCPenney Azusa / Store Manager &td/ "Mir' J.C.Penney Company,Inc.,Foothill Shopping Center,820 E Alosta Avenue,Azusa,California 91702