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Resolution - 6806RESOLUTION NO. 6806 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA AUTHORIZING AND CONSENTING TO A PUBLIC HEARING BEING HELD ON A PROPOSED DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF WEST COVINA AND DAVID PAGARD, ET AL, FOR REAL PROPERTY LOCATED WITHIN THE • WEST COVINA CENTRAL BUSINESS DISTRICT REDEVELOPMENT PROJECT; AUTHORIZING AND CONSENTING TO HOLDING SUCH PUBLIC HEARING IN CONJUNCTION, CONCURRENT, AND JOINTLY WITH THAT TO BE HELD BY THE REDEVELOPMENT AGENCY OF THE CITY OF WEST COVINA ON SUCH PROPOSED AGREEMENT (WATERBED GALLERY, INC.). WHEREAS, the Redevelopment Agency of the City of West Covina (the "Agency") is engaged in activities necessary to carry out and implement the Redevelopment Plan for the West Covina Central Business District Redevelopment Project; and WHEREAS, in order to carry out and implement such redevelopment plan, the Agency Staff negotiated with representatives of David Pagard, Daniel Dyk, James Lynch and Jack Cedarholm (the "Developers") for a proposed Disposition and Development Agreement for the sale of real property in the Redevelopment Project to the Developer for the development and construction of approximately 9,000 square feet of gross leaseable area of retail improvements; and WHEREAS, the Agency Staff has made certain recommendations pertaining to such proposed agreement; and WHEREAS, pursuant to Sections 33433 and 33434 of the California Community Redevelopment Law (California Health and Safety Code Section 33000 • et seq.), the City Council shall hold a public hearing on such proposed Disposition and Development Agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of West Covina as follows: SECTION 1. The City Council hereby authorizes that a public hearing be held on such proposed Disposition and Development Agreement, and that the City Manager establish the date, time, and place of such public hearing. SECTION 2. The City Council hereby authorizes and consents to holding such public hearing in conjunction, concurrent, and jointly with the public hearing to be held by the Agency on such matters. SECTION 3. The City Council hereby authorizes the City Clerk, in cooperation with the Agency Secretary, to publish notice -of such public hearings in the West Covina Tribune and, hereby, further authorizes the City Clerk to make available for public inspection a copy of such proposed Disposition and Development Agreement, a copy of the recommendations of the Agency Staff, and copies of the summaries and reports required by law. SECTION 4. The City Clerk shall certify to the adoption of this resolution. APPROVED and ADOPTED this 9th day of January, 1984. Ma or RESOLUTION NO. 6806 ATTEST: Page Two City Clerk / I HEREBY CERTIFY that the foregoing Resolution No. 6806 was duly adopted by the City Council of the City of West Covina at a regular meeting thereof held on the 9th day of January, 1984, by the following vote of the Council: AYES: Members: Tice, Shearer, Chappell NOES: Members: None ABSENT: Members: Bacon ABSTAIN: Members:Tennant APPROVED AS TO FORM: City rrney • mow City Clerk