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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.
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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
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5508
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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
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5508