Resolution - 8097•
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RESOLUTION NO. 8097
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
COVINA AUTHORIZING AND CONSENTING TO A PUBLIC HEAR-
ING BEING HELD ON A PROPOSED OWNER PARTICIPATION
AGREEMENT BETWEEN THE WEST COVINA REDEVELOPMENT
AGENCY AND HASSEN IMPORTS, PARTNERSHIP, FOR REAL
PROPERTY LOCATED WITHIN THE WEST COVINA REDEVELOP-
MENT CENTRAL BUSINESS DISTRICT REDEVELOPMENT PRO-
JECT; 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 (HASSEN IMPORTS, PARTNERSHIP)
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 Central Business District
Redevelopment Project: and
WHEREAS, in order to carry out and implement such Redevelop-
ment Plan, the Agency Staff negotiated with Hassen Imports, Partnership
for a proposed Owner Participation Agreement for the sale of real pro-
perty in the Redevelopment Project to the Participant for the expansion
of their existing automobile dealership; and
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 Calif-
ornia 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 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 Redevelopment 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
hearings according to and .as required by law, 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 recommenda-
tions of the Agency Staff, a copy of the environmental report, 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 31st day of August • nn 1 1987. V
Mayor
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ATTEST:
I HEREBY CERTIFY that the foregoing Resolution No. 8097 was duly
adopted by the Governing Board of the Redevelopment Agency of the City
of West Covina at an adjourned regular meeting thereof held on
the ii-t day of _ August , 1987, by the following vote:
AYES: Councilmembers: Tennant, Bacon, Shearer, Manners, Chappell
NOES: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
APPROVED AS TO FORM:
&L Cxotx
City Attorney
MM111PD
City Clerk