Resolution - 8229RESOLUTION NO. 8229
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
• OF WEST COVINA, CALIFORNIA, AUTHORIZING THE .MAYOR
AND CITY CLERK TO EXECUTE AN AGREEMENT FOR THE SALE
OF THE FORMER STATE STREET TO THE REDEVELOPMENT
AGENCY OF THE CITY OF WEST COVINA.
WHEREAS, the Redevelopment Agency has requested the
City of West Covina to convey a portion of State Street to
• facilitate the construction of a hotel complex; and
WHEREAS, in order to convey the Grant Deed of the
aforementioned street, it will be necessary for the City of west
Covina to enter into an agreement with the Redevelopment Agency
for this proposed grant; and
WHEREAS, the Redevelopment Agency has prepared an
agreement entitled AGREEMENT FOR THE SALE OF REAL PROPERTY; and
WHEREAS, it is mutually beneficial to the City of West
Covina and the Redevelopment Agency to enter into the
aforementioned AGREEMENT.
NOW, THEREFORE, the City Council of the City of West
Covina does hereby resolve as follows:
SECTION 1. The Mayor and City Clerk are hereby
authorized and instructed to execute in the name of the City of
West Covina the AGREEMENT between the City of West Covina and the
Redevelopment Agency for the grant of said State Street and to
cause said agreement and a certified copy of this resolution to
be transmitted to the Redevelopment Agency for their execution.
SECTION 2. The City Clerk shall certify to the
adoption of this resolution.
1988. APPROVED AND ADOPTED this 12th day of September ,
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ATTEST:
city ov
I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the City Council of the City of West Covina at a
•regular meeting that was held on the 12th day of September ,
1988.
AYES: Councilmembers : Tarozzi, McFadden, Lewis, Bacon, Manners
NOES: Counc i 1 members : None
ABSENT: Counci lmembers: None
city
AS TO FORM:
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City Attorney