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HomeMy WebLinkAbout90-045085 REL:mb(23) 4/4/90 RESOLUTION NO. 90-045 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 DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA AND DAVID MICHAEL SHEPARD FOR THE SALE OF CERTAIN REAL PROP- ERTY IN THE SOUTH MAIN STREET REDEVELOPMENT PROJECT AND APPROVING THE SALE OF SAID REAL PROPERTY UPON THE TERMS AND CONDITIONS CON- TAINED IN THAT AGREEMENT WHEREAS, the Community Redevelopment Agency of the City of Santa Ana (hereinafter referred to as the "Agency") is engaged in activities necessary to execute and implement the Redevelopment Plan for the Santa Ana South Main Street Redevelop- ment 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 property in the Project Area, pursuant to the terms and provisions of that certain Disposition and Development Agreement (hereinafter referred to as the "Agreement") between the Agency and David Michael Shepard, 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, David Michael Shepard has submitted to the Agency a written offer to purchase the site in the form of the Agreement; and WHEREAS, the Agreement contains all the provisions, terms, conditions and obligations required by state and local law; 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 pursuant to the Agreement; 086 RESOLUTION NO. 90-045 PAGE TWO 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 Agreement is the best interests of the City of Santa Ana 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 Disposi- tion and Development Agreement is not less than the fair market value of the Site determined in accordance with the covenants and conditions governing the sale. 3. The sale of the Site by the Agency to David Michael Shepard upon the terms and conditions contained in the Agreement is hereby approved. ADOPTED this ]Tth day of April , 1990. ATTEST: ~)xa~i e i g Mayor ir eo 't Ycounci f / COUNCILMEMBERS: Young Absent Acosta Aye Griset Aye May Aye McGuigan Aye Norton A e Pulido ~sent APPROVED AS TO FORM:  E d{~rd J. Coop~' City Attorney 083 Legal Description All that certain portion of public alley in Block A of the Gardaer Villa Tract as shown on that certain map recorded in Book 13, page 97 of Miscellaneous records of Los Angeles County, California, bounded Easterly by a line parallel with and 5.0 feet West of the East line of Lots 35 and 36 of said Block A, said parallel line being the West line of Mabury Street, and bounded Westerly by a line parallel with and 25.0 feet West of the East line of Lots 23 and 24 of said Block A, last said parallel llne being the East line of Lyon Street; Together with those portions granted to the City of Santa Aha by deeds recorded as follows: August 24, 1966 in Book 8028, page 51; May 8, 1972 in Book 10115, page 643; and May 25, 1979 in Book 13161, page 863, all in Records of Orange County, California. XHIBI] 08~1 ~ P~LM FIRST 50* STREET [33 ~'15~ I I I Tt~ACT. i I ~o' I STREET I '1 I"--100' rj ~, PRoPosED A 8A Nfl ONMEN T NO. EXHIBIT A