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Resolution - 8009RESOLUTION NO. 8009 • 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 ROBERT BOZZANI, FOR REAL PROPERTY LOCATED WITHIN THE CENTRAL BUSINESS DISTRICT REDEVELOPMENT PROJECT; AUTHORIZING AND CONSENTING TO HOLDING SUCH PUBLIC HEARING IN CON- JUNCTION, CONCURRENT AND JOINTLY WITH THAT TO BE HELD BY THE REDEVELOPMENT AGENCY OF THE CITY OF WEST COVINA ON SUCH PROPOSED AGREEMENT. (BOZZANI) 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 Robert Bozzani for a proposed Owner Participation Agreement for sale of real property in the Redevelopment Pro- ject to the Participant for the development of a showroom and 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 per- taining 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 pro- posed 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 hear- ing 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 author- izes 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. -2- SECTION 5. The City Clerk shall certify to the adoption of this resolution. 0 APPROVED AND ADOPTED this 23rd day of March, 1987. ATTEST: City Clerk I HEREBY CERTIFY that the foregoing Resolution No. 8009 was duly adopted by the City Council of the City of West Covina at a regular meet- ing thereof held on the 23rd day of March, 1987, by the following vote: AYES: Tennant, Manners, Chappell, Shearer NOES: None ABSENT: None ABSTAIN: Bacon APPROVED AS TO FORM: City Attorney • BOZ114GK