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HomeMy WebLinkAbout97-019 - Approving the Sale of Said Real Property in the Central City Redevelopment09? RESOLUTION NO. 97- 019 A RESOLUTION OF THE CITY COUNCIL 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 DISCOVE~SCIENCE CENTER FOR THE SALE OF CERTAIN REAL PROPERTY IN THE CENTRAL CITY REDEVELOPMENT 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 (hereinafter referred to as the "Agency") is engaged in activities necessary to execute and implement the Redevelopment Plan for the Central City 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 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 Discovery Science Center, 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 Agreement contains all of the provisions, terms, conditions and obligations required by the state and local laws; and WHEREAS, Discovery Science Center possesses the qualifications and financial resources necessary to acquire and insure development of the Site, in accordance with the purpose and objectives of the Redevelopment Plan; and WHEREAS, the Agency has found and determined that the Environmental Impact Report (EIR) prepared for the project, certified on April 21, 1997 is adequate for approval of the Agreement, 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 098 noticed joint public hearing on the proposed sale of the Site pursuant to the 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 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 purpose 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 Disposition 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 Discovery Science Center upon the terms and conditions contained in the Agreement is hereby approved. ADOPTED this 21st ATTEST: day of April , 1997. COUNCILMEMBERS: Pulido Aye Richardson Aye Espinoza Aye Franklin Aye Lutz _~ McGuigan ~ Moreno Aye 2 099 CERTIFICATE OF ORIGINALITY & PUBLICATION State of California County of Orange I, JANICE C. GUY, Clerk of the Council, do hereby certify the attached Resolution ¢?'7 - ~ / ~ to be the original resolution adopted by the City Council of the City of Santa Ana on '~f/-~,~ / - ~ 7 . / / ' / Clerk of the ~6un 6/ eityo anta^na /