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ARA1978-004RESOLUTION NO. ARA78- 4 A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY NOTIFYING PACIFIC SOUTHWEST REALTY OF THE COMMENCEMENT OF THE TERM OF A LEASE AND OF THE ELECTION TO PURCHASE CERTAIN IMPROVEMENTS. WHEREAS, the Anaheim Redevelopment Agency and Pacific Southwest Realty Company (Lessor) did, on August 12, 1977, enter into a Lease Agreement (hereinafter "Lease "); and WHEREAS, pursuant to the terms of Lease, the term of the lease is to commence twenty -one days after Agency gives notice to Lessor of Agency's intent to commence the term thereof; and WHEREAS, Lease further permits Agency to elect to purchase certain improvements located on the leased premises for the sum of Six Thousand, Five Hundred Dollars ($6,500); and WHEREAS, Agency desires to exercise its right to commence the term of the lease and to purchase said improvements. NOW, THEREFORE, BE IT RESOLVED by the Anaheim Redevelopment Agency that a) Agency does hereby indicate Agency's intent to commence the term of Lease; and b) Agency hereby elects to purchase the improve- ments described in Lease. BE IT FURTHER RESOLVED that the Agency Secretary be, and she is hereby, authorized and directed to mail a certified copy of this resolution by certified mail, postage prepaid, return receipt requested to Pacific Southwest Realty at 333 South Hope Street, Los Angeles, California 90071 on January 11, 1978, in order that the term of said Lease may commence February 1, 1978. BE IT FURTHER RESOLVED that the Finance Director be, and he is hereby, authorized and directed to pay to Pacific Southwest Realty Company the sum of Six Thousand, Five Hundred Dollars ($6,500) for said improvements. -1- THE FOREGOING RESOLUTION is approved and adopted by the Anaheim Redevelopment Agency this 10th day of January 1978. HAIRMAN ANAHEIM REDEVELOPMENT AGENCY ATTEST: SECRETARY ANAHEIM REDEVELOPMENT AGENCY MES: jh -2- STATE OF CALIFORNIA ) COUNTY OF CITY OF ANAHEIM ) I, LINDA D. ROBERTS, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing Resolution No. ARA78 -4 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 10th day of January, 1978, by the following vote of the members thereof: AYES: AGENCY MEMBERS: Kaywood, Seymour, Roth and Thom NOES: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: Kott AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency signed said Resolution on the 10th day of January, 1978. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 10th day of January, 1978. J� )' SECRETARY OF THE ANAHETM REDEVELOPMENT AGENCY (SEAL) (Z) aogoa.aza•oaxg