Resolution - 7987RESOLUTION NO. 7987
• A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
COVINA AUTHORIZING AND CONSENTING TO A PUBLIC HEARING
BEING HELD ON A PROPOSED OWNER PARTICIPATION AGREEMENT
BETWEEN THE WEST COVINA REDEVELOPMENT AGENCY AND IRVEN
G. REYNOLDS AND CAROLINE E. REYNOLDS, FOR REAL PROPERTY
LOCATED WITHIN THE EASTLAND 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.
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 Irven G. Reynolds and Caroline E.
Reynolds for a proposed Owner Participation Agreement for sale of real
property in the Redevelopment Project to the Participant for the
development of a sales office facility and parking spaces for display
cars.
WHEREAS, the Agency Staff has prepared an environmental report 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 Owner Participation 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 Owner Participation 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 San Gabriel Valley Tribune, and, hereby, further
authorizes the City Clerk to make available for public inspection a copy
of such proposed Owner Participation Agreement, a copy of the
recommendations of the Agency Staff, and copies of the summaries and
reports required by law.
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SECTION 5. The City Clerk shall certify to the adoption of this
resolution.
• APPROVED AND ADOPTED this 26th day of January, 1987.
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Mayor
ATTEST:
City Clerk
I HEREBY CERTIFY that the foregoing Resolution No. 7987 was duly
adopted by the City Council of the City of West Covina at a regular
meeting thereof held on the 26th day of January, 1987, by the following
vote:
AYES: Tennant, Bacon, Manners, Chappell, Shearer
NOES: None
ABSENT:
ABSTAIN:
APPROVED AS TO FORM:
• ity Attorney
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