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HomeMy WebLinkAbout5508 RESOLUTION NO. 5508 A RESOLUTION OF THE ARCADIA CITY COUNCIL RATIFYING THE EXECUTION OF THE SOILS CONDITION WARRANTY FOR THE EMKAY DISPOSITION AND DEVELOPMENT AGREEMENT (11/17/87) WHEREAS, on November 17, 1987 the Arcadia Redevelopment Agency (the "Agency") approved a Disposition and Development Agreement (the "DDA") by and between the Agency and Emkay Development Company for development of the Northside Project; and WHEREAS, the City Council of the City of Arcadia (the "City") and the Agency approved said DDA by adopting Resolution Nos. 5382 and ARA-130 respectively; and WHEREAS, the DDA contains as an attachment a Soils Condition Warranty which commits the Agency and City to deliver development parcels within the Northside Project site in a stated condition with respect to the soils; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That the execution of all Soils Condition Warranties by the City Manger to date with respect to the Northside project as defined in the DDA is hereby ratified and affirmed. SECTION 2. That execution of additional Soils Condition Warranties by the City Manager as required by the DDAs is hereby authorized. 1 5508 SECTION 3. The City Clerk of the ~ity of Arcadia is hereby authorized and directed to certify to the adoption of this Resolution. This Resolution shall take effect upon adoption. Passed, approved and adopted this 7th day of November, 1989. Mayor City of Arcadia ATTEST: 9:..,-_J ay~~ ci Clerk ) city of Arcadia 2 5508 -- ..-- '~- ~ . L - .L '. STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF ARCADIA ) I, June Alford, City Clerk of the City of Arcadia, California, hereby certify that the foregoing Resolution No. 5508 was passed and adopted by the City Council of the City of Arcadia, signed by tile Mayor and attested to by the City Clerk at a regular meeting of said City Council on the 7th day of November, 1989, and that said Resolution was adopted by the following vote, to wit: AYES: Couneilmember Gilb, Harbieht, Lojeski, Young and Chandler' NOES: None ABSENT: None ~J~.\ 'y Clerk 3 5508