ARA1987-006RESOLUTION NO. ARA 87 -6
A RESOLUTION OF THE ANAHEIM REDEVELOPMENT
AGENCY APPROVING THE TERMS OF THE FOURTH
IMP AGREEMENT WITH KING OF
CALIFORNIA, INC.
WHEREAS, the Anaheim Redevelopment Agency has heretofore
entered into a Disposition and Development Agreement with King of
California, Inc., dated August 5, 1980 (the "DDA"), providing for
the sale and redevelopment of a portion of Redevelopment Project
Alpha; and
WHEREAS, the DDA was amended by the First Implementation
Agreement on September 4, 1984, providing for changes in the terms
for sale of the property; and
WHEREAS, the DDA was amended by the Second Implementation
Agreement on July 31, 1984, providing for revision and
clarification of the scope of Development and Schedule of
Performance.
WHEREAS, the DDA was amended by the Third Implementation
Agreement on March 18, 1986, providing for an additional security
deposit.
WHEREAS, is necessary and desirable to enter into a
Fourth Implementation Agreement to implement the DDA; and
WHEREAS, an Agreement entitled "Fourth Implementation
Agreement to Disposition and Development Agreement" has been
prepared, the terms and conditions of which are acceptable to the
Anaheim Redevelopment Agency.
NOW, THEREFORE, BE IT RESOLVED that the Anaheim
Redevelopment Agency does hereby approve and accept the terms and
conditions of the Fourth Implementation Agreement to Disposition
and Development Agreement.
BE IT FURTHER RESOLVED that the Chairman and Secretary
are hereby authorized and directed to execute the Fourth
Implementation Agreement to Disposition and Development Agreement
on behalf of the Anaheim Redevelopment Agency.
THE FOREGOING RESOLUTION is approved and adopted by the
Anaheim Redevelopment Agency this 3rd day of February, 1987.
CHAIRMAN
REDEVELOPMENT AGENCY
ATTES .
SECRETARY
ANAHEIM REDEVELOPMENT AGENCY
MES:s
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STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF ANAHEIM )
I, LEONORA N. SOHL, Secretary of the Anaheim Redevelopment Agency, do hereby
certify that the foregoing Resolution No. ARA87 -6 was passed and adopted at a
regular meeting of the Anaheim Redevelopment Agency held on the 3rd day of
February, 1987, by the following vote of the members thereof:
AYES: AGENCY MEMBERS: Pickler, Hunter, Kaywood and Bay
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: None
VACANCY: AGENCY MEMBERS: One
AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency
signed said Resolution on the 3rd day of February, 1987.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 3rd day of
February, 1986.
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SECRETARY OF THE ANAHEIM REDEVELOPMENT AGENCY
(SEAL)
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