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UBLIC HEARING: Director of Development ... - City of Glendale

UBLIC HEARING: Director of Development ... - City of Glendale

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Recording Requested by:<br />

<strong>Glendale</strong> Redevelopment Agency<br />

DRAFT FORM ONLY<br />

RESOLUTION NO. __<br />

A RESOLUTION OF THE GLENDALE REDEVELOPMENT AGENCY<br />

PURSUANT TO HEALTH & SAFETY CODE SECTIONS 33399(g)<br />

WAIVING THE AGENCY'S RIGHT TO USE EMINENT DOMAIN<br />

REGARDING PROPERTY SUBIECT TO A STATUTORY DEVELOPMENT AND<br />

PARTICIPATION AGREEMENT BETWEEN THE CITY OF GLENDALE,<br />

THE GLENDALE REDEVELOPMENT AGENCY<br />

AND DREAM WORKS ANIMATION, L.L.C.<br />

WHEREAS, Health and Safety Code § 33399(g) provides thaI the<br />

Redevelopment Agency may exempt certain property from the future use <strong>of</strong> eminent domain<br />

if the owners participate in the redevelopment <strong>of</strong> their propeny in conformity with the<br />

Redevelopment Plan;<br />

AND WHEREAS, [he site described below will be redeveloped by the owners<br />

pursuant to a Statutory <strong>Development</strong> and Participation Agreement in conformity with the<br />

Redevelopment Plan;<br />

NOW THEREFORE, THE GLENDALE REDEVELOPMENT AGENCY RESOLVES AS<br />

FOLLOWS:<br />

SECTION 1. Owner <strong>of</strong> the Parcels.<br />

The owner <strong>of</strong> the propeny included within the scope <strong>of</strong> the waivers and agreements provided<br />

by this resolution is:<br />

(1) FBTe Leasing Corp., a New York corporation.<br />

SECTJO 2. Findinl!s and Determinations.<br />

The <strong>Glendale</strong> Redevelopment Agency fmds and determines as follows:

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