Resolution - 7121• RESOLUTION NO. 7121
"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 WEST COVINA REDEVELOPMENT AGENCY
AND DEVELOPMENT RESEARCH CORPORATION, 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 (DEVELOPMENT
RESEARCH CORPORATION)."
WHEREAS, the Redevelopment Agency of the City of West Covina (the
"Agency") is engaged in activities necessary to carry out and implement the
Redevelopment Project; and
WHEREAS, in order to carry out and implement such Redevelopment
Plan, the Agency Staff negotiated with Development Research Corporation for
a proposed Disposition and Development Agreement for the sale of real
property in the Redevelopment Project to the Developer for the development
of a 150,000 square foot, nine -story, first class office building; and
WHEREAS, the Agency Staff has prepared an Environmental Impact
Analysis as required by law; 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.
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 Manager
to set the time, date, and place of said public hearing.
• SECTION 4. 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.
Resolution No. 7121
SECTION 5. The City Clerk shall certify to the adoption of this
resolution:
APPROVED AND ADOPTED this 25th day of November, 1985.
Mayor
ATTEST:
'�'Le- //?�
City Clerk
I HEREBY CERTIFY that the foregoing Resolution No. 7121 was
duly adopted by the City Council of the City of West Covina at a regular
meeting thereof held on the 25th day of November, 1985, by the following
vote:
AYES: Bacon, Manners, Chappell, Shearer, Tennant
NOES: None
ABSENT: None
ABSTAIN: None
APPROVED AS TO FORM:
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City Attorney
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City Clerk
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