HomeMy WebLinkAbout84-162REL :adg
12/13/84
RESOLUTION NO. 84-162
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 LEASE, OPTION
AND DEVELOPMENT AGREEMENT (PARCELS 1 AND 2)
BETWEEN THE COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF SANTA ANA AND JOHN R. WARD AND
M. V. DUFFY JAMES FOR THE LEASE AND/OR SALE OF
CERTAIN REAL PROPERTY IN THE SANTA ANA
REDEVELOPMENT PROJECT AND APPROVING THE
LEASE AND/OR SALE OF SAID REAL PROPERTY UPON
THE TERMS AND CONDITIONS CONTAINED IN THAT
AGREEMENT
WHEREAS, the Community Redevelopment Agency of the
City of Santa Ana is engaged in activities necessary to ex-
ecute and implement the Redevelopment Plan for the Santa Ana
South Main Street Redevelopment Project; and
WHEREAS, in order to implement the Redevelopment
Plan, the Agency has agreed, subject to the approval of this
Council, to lease and/or sell certain real property in the
Project Area, pursuant to the terms and provisions of that
certain Lease, Option and Development Agreement (Parcels 1
and 2) between the Agency and John R. Ward and M.V. Duffy
James, which is on file in the office of the Executive
Director of the Agency, in which said real property (herein-
after referred to as the "Site") is described; and
WHEREAS, the Agreement contains all the provisions,
terms, conditions and obligations required by state and
local laws; and
WHEREAS, John R. Ward and M.V~ Duffy James 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
RESOLUTION NO. 84- 162
PAGE TWO
purchase price and sum of the lease payments, and has made said
Summary Report available for public inspection in accordance
with the California Community Redevelopment Law; and
WHEREAS, the Agency has found and determined that
the Environmental Impact Report prepared for the Santa Ana
South Main Street Redevelopment Project is adequate for
approval of the Lease, Option and Development Agreement
(Parcels 1 and 2), and that no additional Environmental
Impact Report is necessary, and this Council likewise believes
said Environmental Impact Report to be adequate for its use
in approving the terms and conditions of sale of the Site; 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 on the proposed sale of the
site and the proposed Agreement;
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 con-
ditions of the proposed transaction and hereby finds and
determines that the disposition and the redevelopment of the
Site pursuant to the Lease, Option and Development Agreement
(Parcels 1 and 2) is the best interests of the City and the
health, safety 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 lease and/or sale of the Site pur-
suant to the Lease, Optioh and Development Agreement (Parcels
1 and 2) is less than the estimated value of the Site, deter-
mined at the highest use permitted under the Redevelopment
Plan, but that such lesser consideration is necessary to
effectuate the purpose of the said Plan.
3. The lease and/or sale of the Site by the Agency to
John R. Ward and M.V. Duffy James upon the terms and conditions
contained in the Lease, Option, and Development Agreement is
hereby approved.
4. The City Council finds and determines that the
provision by the Agency of Streets, sidewalks, utilities and
other improvements in accordance with the said Agreement is
necessary to effectuate the purposes of the Redevelopment
RESOLUTION NO. 84-162
PAGE THREE
Plan and consents to the provision of such improvements by
the Agency.
ADOPTED this 18th day of December , 1984.
ATTE ST:
J~lce C. Guy, Cle~ of~ Council
COUNCI LMEMBE RS:
Griset Abstain
Ac os t a Aye
Hart A.¥e
Johnson Aye
Luxembourger Aye
McQuigan Aye
Young Aye
Daniel E. Griset
Mayor
Edwar~ J~._~oper
City Attorney