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RESOLUTION NO. 81-80
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA ANA MAKING CERTAIN FINDINGS
WITH RESPECT TO THE CONSIDERATION TO BE
RECEIVED BY THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA PURSUANT
TO A COMMERCIAL REHABILITATION PARTICIPATION
AGREEMENT BETWEEN THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA AND ODELLE
MARKS, BLANCHE ANN MARKS, AND RONALD A. MARKS
FOR THE SALE AND REHABILITATION OF THAT CERTAIN
REAL PROPERTY IN THE SANTA ANA REDEVELOPMENT
PROJECT; APPROVING THE PROPOSED SALE OF SAID
REAL PROPERTY; AND APPROVING THE COMMERCIAL
REHABILITATION PARTICIPATION AGREEMENT
PERTAINING THERETO.
WHEREAS, the Community Redevelopment Agency of the
City of Santa Ana is engaged in activities necessary to
execute and,implement the Redevelopment Plan for the Santa
Ana Redevelopment Project; and
WHEREAS, in order to implement the Redevelopment
Plan, the Agency proposes to sell a leasehold interest in
certain real property in the Project area, pursuant to the
terms and provisions of a Commercial Rehabilitation
Participation Agreement in which said real property is
described; and
WHEREAS, Odelle Marks, Blanche Ann Marks, and
Ronald A. Marks have submitted to the Agency a written offer
in the form of said Agreement to purchase the said leasehold
interest; and
WHEREAS, the proposed Agreement contains all the
provisions, terms, conditions and obligations required by
state and local law; and
WHEREAS, Odelle Marks, Blanche Ann Marks, and
Ronald A. Marks possess the qualifications and financial
resources necessary to acquire and insure development of the
site, in accordance with the purposes and objectives of the
Redevelopment Plan; and
WHEREAS, the Agency has prepared, and the City
Council has reviewed and considered a Summary Report setting
forth the cost of the Agreement to the Agency, the estimated
value of the interests to be conveyed determined at the
highest uses permitted under the Redevelopment Plan, and the
purchase price, and made said Summary Report available for
public inspection in accordance with the California
Community Redevelopment Law; and
WHEREAS, the City Council has found on the basis
of an Initial Study that said Agreement will not result in
substantial changes in the Project or the circumstances
under which the Project is to be undertaken, and that the
proposed action will have no significant effect on the
environment except as identified and considered in the
previous Environmental Impact Report; and
WHEREAS, pursuant to the provisions of the
California Redevelopment Law, the Agency and the City
Council have held a duly noticed joint public hearing
proposed Sale of Site and the proposed Agreement;
on the
RESOLUTION NO. 81-80
PAGE TWO
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF SANTA ANA, AS FOLLOWS:
1. The City Council has considered all terms and
conditions of the proposed sale and hereby finds and
determines that the rehabilitation of the Site pursuant to
the proposed Agreement is in the best interests of the City
and the health, safety, morals and welfare of its residents,
and is in accord with the public purposes and provisions of
the applicable state and local laws.
2. The City Council hereby finds and determines
that the consideration for the sale of the leasehold
interest in the Site pursuant to the Commercial
Rehabilitation Participation Agreement between the Agency
and Odelle Marks, Blanche Ann Marks, and Ronald Ao Marks is
less that the fair market value of the said leasehold
interest determined at the highest use permitted under the
Redevelopment Plan, but that such lesser consideration is
necessary to effectuate the purposes of the Redevelopment
Plan.
3. The sale of the leasehold interest in the
site by the Agency to Odelle Marks, Blanche Ann Marks, and
Ronald A. Marks and the Commercial Rehabilitation
Participation Agreement which establishes the terms and
conditions for such sale and the rehabilitation of the Site,
are hereby approved.
ADOPTED this 18th day of May , 1981,
by the following vote:
AYES:
NOES:
COUNCILMEMBER: Acosta, Bricken, Griset, Luxemb0urger,
McGuigan, Serrat0
COUNCILMEMBER: None
ABSENT: COUNC ILMEMBER: Markel
ATTEST:
APPROVED AS TO FORM: