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HomeMy WebLinkAbout98-042 - The Saint Joseph Ballet Company287 RESOLUTIONNO. 9~8-0 4 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA MAKING CERTAIN FINDINGS AND APPROVING THE SALE OF REAL PROPERTY BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA TO THE SAINT JOSEPH BALLET COMPANY. WHEREAS, the Community Redevelopment Agency of the City of Santa Ana (the "Agency") is engaged in activities necessary to execute and implement the Redevelopment Plan for the Central City Redevelopment Proj ect(the"Project Area"); 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 The Saint Joseph Ballet Company (the "Developer"), 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, the Developer represents that it 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 Negative Declaration No.9 7-11 Os adequate for approval of the Agreement, and this Council likewise believes said Negative Declarationto 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 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. 288 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 Developer upon the terms and conditions contained in the Agreement is hereby approved. ADOPTED this 3rd dayof AucJust , 1998. ATTEST: Clerk of the Council ~uel A. Pufido /--/Mayor COUNCILMEMBERS: Pulido Absent Richardson Aye Espinoza ~ Franklin ~ Lutz Aye McGuigan Aye Moreno Ayo  ~tcher CERTIFICATE OF ORIGINALITY State of California County of Orange I, JANICE C. GUY, Clerk of the Council, do hereby certify the attached Resolution No. ~g - o ~ ~ to be the original resolution adopted by the City Council of the City of Santa Aha //// Clerk of the Cot~ncil ~ " City of Santa Ana ' -/ 2