HomeMy WebLinkAbout85-167REL: adg-9
12/4/85
RESOLUTION NO. 85-167
'~, 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 PAR-
T~CIPATION AGREEMENT BETWEEN THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA
AND ~RIVERVIEW COMMUNITY PARTNERSHIP FOR THE
SALE'OF CERTAIN REAL PROPERTY IN THE SANTA ANA
REDEV~0PMENT PROJECT AND APPROVING THE 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
North Harbor Boulevard Redevelopment Project; and
WHEREAS, in order to implement the Redevelopment
Plan, the Agency has agreed, subject to the approval of this
Council, to sell certain real pro~grty in the Project Area,
pursuant to the terms and provisiorks of that certain Owner
Participation Agreement between the Agency and Riverview
Community Partnership, which is on f~le 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 Agreement contains all the provisions,
terms, conditions and obligations required by state and
local laws; and
WHEREAS, Riverview Community Partnership possesses
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 Amended Agreement to the Agency, t. he
estimated value of the interests to be conveyed determined at
the highest uses permitted under the Redevelopment Plan an~ the
purchase price, and has made said Summary Report available ~pr
public inspection in accordance with the California Community
Redevelopment Law; and
RESOLUTION NO. 85- 167
PAGE TWO
WHEREAS, the Agency has found and determined that
the Environmental Impact Report prepared for the Santa Ana
North Harbor Boulevard Redevelopment Project is 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 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 sale and hereby finds and determines
that the sale and the redeuelopment of the Site pursuant to
the Owner Participation Agreement 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 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; and that, although said
consideration is less than the estimated value of the Site
determined at the highest use permitted under the Redevelop-
ment Plan, such lesser consideration is necessary to effec-
tuate the purposes of the RedeveloDment Plan.
STATE OF CALIFOP~NIA
COUNTY OF ORANGE
CITY OF SANTA ANA
ss.
CITY CLERK'S CERTIFICATE
RE ADOPTION OF RESOLUTION
I, .lani~= £ ~,~v , City Clerk of the City of
Santa Ana, California, DO HEREBY CERTIFY that the foregoing
Resolution was duly adopted by the City Council of said City at
an Adjourned Re§u]ar meeting of said City Council held on the
]Tth day of December , 1985 and that the same was passed and
adopted by the following vote, to wit:
AYES:
Councilmembers Acosta, Hart, Johnson, Luxembour§er
NOES:
ABSENT:
ABSTAIN:
Councilmembers None
Councilmembers. Griset, McGui§an,
Councilmembers None
Young
(SEAL)
City Clerk of the City of
Santa Aha, California
STATE OF CALIFOP~NIA ) CITY CLERK'S CERTIFICATE
COUNTY OF OP~NGE ) ss. OF AUTHENTICATION
CITY OF SANTA ANA )
I, Janice C. Guy , City Clerk of the City of
Santa Ana, California, DO HEREBY CERTIFY that the above
foregoing is a full, true and correct copy of Resolution No.
85-166 of the City Council of said City and that said Resolution
was adopted at the time and by the vote stated on the above
certificate, and has not been amended or repealed.
City Clerk of the City of ~
Santa Aha, California
(SEAL)
0061k/2281/05
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