ARA1986-010RESOLUTION NO. ARA86 - 10
A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY
APPROVING THE TERMS OF THE THIRD IMPLEMENTATION
AGREEMENT WITH RING 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, 1985, providing for the
revision and clarification of the Scope of Development and
Schedule of Performance.
WHEREAS, it is necessary and desirable to enter into a
Third Implementation Agreement to implement the DDA; and
WHEREAS, an Agreement entitled "Third 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 Third Implementation Agreement to
Disposition and Development Agreement.
BE IT FURTHER RESOLVED that the Chairman and Secretary
are hereby authorized and directed to execute the Third
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 18th da of March 1986 -
CHAIRMAN
REDEVELOPMENT AGENCY
ATTEST:
SECRETARY
ANAHEIM REDEVELOPMENT AGENCY
MES:sh
0007
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. ARA86 -10 was passed and adopted at a
regular meeting of the Anaheim Redevelopment Agency held on the 18th day of
March, 1986, by the following vote of the members thereof:
AYES: AGENCY MEMBERS: Kaywood, Overholt, Bay and Pickler
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: Roth
AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency
signed said Resolution on the 18th day of March, 1986.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 18th day of
March, 1986.
SECRETARY OF THE ANAHEIM REDEVELOPMENT AGENCY
(SEAL)