HomeMy WebLinkAbout85-127REL:adg-9
10/16/85
RESOLUTION NO. 85-127
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 OWNER PARTIC-
IPATION AGREEMENT BETWEEN THE COMMUNITY REDEVEL-
OPMENT AGENCY OF THE CITY OF SANTA ANA AND
ACE MUFFLER AND TRANSMISSION, INC., ET AL.,
FOR THE SALE OF CERTAIN REAL PROPERTY IN THE
SANTA ANA INTER CITY COMMUTER STATION REDEVEL-
OPMENT PROJECT AND APPROVING THE SALE OF SAID
REAL PROPERTY UPON THE TERMS AND CONDITIONS
CONTAINED IN THAT AGREEMENT
WHEREAS, the Community Redevelopment Age'ncy of the
City of Santa Ana is engaged in activities necessary to ex-
ecute and implement the Redevelopment Plan for the Santa Ana
Redevelopment Project and the Redevelopment Plan for the Santa
Ana Inter City Commuter Station Project; and
WHEREAS, in order to implement the Redevelopment
Plans, the Agency has agreed, subject to the approval of this
Council, to sell certain real property in the Santa Ana
Inter City Commuter Station Project Area, pursuant to the
terms and provisions of that certain Owner Participation
Agreement between the Agency and Ace Muffler and Transmission,
Inc., Miguel Armando Pulido, Miguel Angel Pulido, Marisol Pulido,
Jose Pulido and Luis Pulido, 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, the Amended Agreement contains all the pro-
visions, terms, conditions and obligations required by state
and local laws; and
WHEREAS, the Agency has prepared, and the City
Council has reviewed and considered a Summary Report setting
forth the cost of the Amended Agreement to the Agency, the
estimated value of the interests to be conveyed determined at
the highest uses permitted under the Redevelopment Plans and the
purchase price, and has made said Summary Report available for
public inspection in accordance with the California Community
Redevelopment Law; and
RESOLUTION NO. 85-127
PAGE TWO
W~EREAS, the Agency ha~ found and determined that
the Environmental Impact Reports prepared for the Santa Ana
Redevelopment Project and the Redevelopment Plan for the
Santa Ana Inter City Commuter Station Project; and are
adequate for approval of the Owner Participation Agreement and
that no additional Environmental Impact Report is necessary,
and this Council likewise believes said Environmental Impact
Reports 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 Amended 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 sale and hereby finds and determines
that the sale and the redevelopment of the Site pursuant to
the Owner Participation Agreement is in 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 sale of the Site pursuant to the
Owner Participation Agreement is not less than the fair market
value of the Site in accordance with covenants and conditions
governing such sale.
,_~OLUTION NO. 85-127
PAGE THREE
3. The sale of the Site by the Agency upon the terms
and conditions contained in the Owner Participation Agreement
is hereby approved.
ADOPTED this 22nd day of October , 1985.
ATTE ST:
Daniel E. Griset
Mayor
COUNCILMEMBERS:
Griset Aye
Acosta Absent
Hart
Johnson A3e
Luxe~bourger
McGuigan
Young
APPROVED AS TO FORM:
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