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HomeMy WebLinkAbout2001-085 - Santa Ana Artist VillageRESOLUTION NO. 2001-085 A RESOLUTION OF THE CITY COUNCIL OF SANTA ANA AND 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 SANTA ANA ARTIST VILLAGE, LLC 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 bk:l 1/13/01 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA, AS FOLLOWS: Section 1: The City Council of the City of Santa Ana hereby finds, determines and declares as follows: 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. B= 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 Santa Ana Artist Village, LLC, which is on file in the off~ce of the Executive Director of the Agency, in which said real property (hereinafter referred to as the "Site") is described. The Agreement contains all of the provisions, terms, conditions and obligations required by the state and local laws. Santa Ana Artist Village, LLC 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. Resolution No. 2001-085 Page 1 of 3 The City has this day, by resolution, found and determined that the mitigated negative declaration and mitigation monitoring plan prepared for the project is adequate for approval of the Agreement. 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. Section 2. 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. Section 3. 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. Section 4. The sale of the Site by the Agency to Santa Ana Artist Village, LLC upon the terms and conditions contained in the Agreement is hereby approved. Section 5. this Resolution. The Clerk of the Council shall attest to and certify the vote adopting ADOPTED this 19~h day of November, 2001.~--~,,~ ,--,_.--_ ~ A~ TO FORM: i~.~/Ass~ City Attorney Resolution No. 2001-085 Page 2 of 3 AYES: NOES: ABSTAIN: NOT PRESENT: Councilmembers: Councilmembers Councilmembers: Councilmembers: Bist, Christy, Franklin, McGui~lan, Solorio (5) Alvarez, Pulido (2) CERTIFICATION OF ATTESTATION AND ORIGINALITY I, PATRICIA E. HEALY, Clerk of Council, do hereby attest to and certify the attached Resolution No. 2001-085 to be the original resolution adopted by the City Council of the City of Santa Ana on November 19, 2001. Date: ////,.2 ~,/~ / ~'-~~ ~ Clerk of Council City of Santa Ana Resolution No. 2001-085 Page 3 of 3