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12/13/84
RESOLUTION NO. 84- 170
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(PARCEL 3) BETWEEN
THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF SANTA ANA AND THOMAS M. LANDOLF
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 (Parcel 3)
between the Agency and Thomas M. Landolf, which is on file
in the office of the Executive Director of the Agency, in
which said real property (hereinafter referred to as the
"Site") is described; and
WHEREAS,
terms, conditions
local laws; and
the Agreement contains all the provisions,
and obligations required by state and
WHEREAS, Thomas M. Landolf possesses the qualifica-
tions 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- 170
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
(Parcel 3), and that no additional Environmental Impact Report
is necessary, and this Council likewise believes said Environ-
mental 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
(Parcel 3) 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, Option and Development Agreement (Parcel
3) is less than the estimated value of the Site, determined
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
Thomas M. Landolf upon the terms and conditions contained in
the Lease, Option, and Development Agreement is hereby ap-
proved.
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- 170
PAGE THREE
Plan and consents to
the Agency.
the provision of such improvements by
ADOPTED this ~8thday of
ATTEST:
~ni~ C.-~uy, Cl~rk~the Council
COUNCILMEMBERS:
Griset Abstain
AC os t a
Hart
J oh n so n Aye
Luxembourger
McQuigan
Young aye
December
, 1984.
Daniel E. Griset
Mayor
~ TO FO RM:
Edwar~ .~_~ooper
City Att~ney