HomeMy WebLinkAboutRDA Res 69-10 1969-04-07
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RESOLUTION NUMBER 69-10
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF TH
CITY OF SEAL BEACH APPROVING AND AUTHORIZING
EXECUTION OF AN OWNER-PARTICIPATION AGREEM
ITH ATLANTIC RICHFIELD COMPANY FOR THE RIV R-
F NT REDEVELOPMENT PROJECT.
WHEREAS, The ency has undertaken redevelopment activities pur-
suant to the Cal'fornia Community Redevelopment aWl and
has prepared a Redevelo
development Project; a
the
WHEREAS,
proposed
WHEREAS, Said Redevelo ent Plan provides for the participation
in the redevelopment of t e Project area y the owners of property
therein if the owners agre to redevelo their property in accor-
dance with the Redeve10pmen Plan; and
1.
governing the participation
Project; and
WHEREAS, The Agency has prepa d r
by owners in the proposed Redeve 0
I
WHEREAS, Atlantic Richfield C
property in the project area a
redevelopment of such propert
the Redevelopment Plan;
the owner of certain
to participate in the
to the proposed rules and
NOW, THEREFORE, BE IT RES
"Property
velopment Agreement"
Exhib' "A" and incorporated
ed.
ers Participation
ached hereto as
in is hereby
2.
T t the Executive Director is
o execute said Agreement with
Company.
her y authorized
Atlan ic Richfield
.t-..-n..~
PASSED, AP OVED, AND ADOPTED by the Redevelopment A
City of S al Beach at a meeting thereof held on the
by the following vote:
