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1/31/85
RESOLUTION NO. 85- 39
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 AN AGREEMENT BETWEEN THE
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF
SANTA ANA AND CIVIC CENTER BARRIO HOUSING CORP.
FOR THE SALE OF CERTAIN PROPERTY AND APPROVING
THE SALE OF SAID REAL PROPERTY UPON THE TERMS
AND CONDITIONS CONTAINED IN THAT AGREEMENT
WHEREAS, the Agency has agreed, subject to the
approval of this Council, to sell certain real property
pursuant to the terms and provisons of that certain "Agree-
ment for the Sale and Development of Real Property" between
the Agency and Civic Center Barrio Housing Corp., which is
on file in the offices 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, Civic Center Barrio Housing Corp. posses-
ses 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 and the purchase price,
and has made said Summary Report available for public in-
spection in accordance with the California Community Redevel-
opment Law; and
RESOLUTION NO. 85-39
PAGE TWO
WHEREAS, the Agency has approved a Negative Declara-
tion, and this Council believes said Negative Declaration 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
conditions of the proposed sale and hereby finds and determines
that the sale and the redevelopment of the Site pursuant to the
Agreement for the Sale and Development of Real Property is in
the best interests of the City and the health, safety and wel-
fare of its residents, and is in accord with the public pur-
poses 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 Site pursuant to
the said Agreement is not less than the fair market value of
the Site in accordance with covenants and conditions governing
such sale.
3. The sale of the Site by the Agency to Civic
Center Barrio Housing Corp. upon the terms and conditions
contained in the said Agreement is hereby approved.
ADOPTED this 19th day of February , 1985.
le ni%e C. Guy ~ ~
rk of the Cou c~
COUNCILMEMBERS:
Daniel E. Griset
Mayor
Griset Aye
Acosta Aye
Hart Aye
Johnson Aye
Luxembourger A¥~
McQuigan Aye
Young Aye
APPROVED AS TO FORM:
'~~e~Per