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HomeMy WebLinkAbout1998-07 CRA . . . -. .. RESOLUTION NO. 98- 7 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING AN IMPLEMENTATION AGREEMENT BETWEEN THE AGENCY AND DISCOVERY MUSEUM OF ORANGE COUNTY REGARDING SCIENCE CENTER AND APPROVING THE PURCHASE OF CERTAIN PROPERTIES FROM THE STATE OF CALIFORNIA AND THE CITY OF SANTA ANA. 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 Area (the Redevelopment Plan"); and, WHEREAS, on or about April 71 ,1997, in furtherance of the Redevelopment Plan, the Agency entered that certain "Disposition and Development Agreement" (the "Agreement") between the Agency and Discovery Science Center (the "Developer"); and WHEREAS, the Agency and the Developer seek to implement the DDA through the provisions of that certain Implementation Agreement which is on file in the Office of the Executive Director of the Agency; and WHEREAS, the Agreement contains all of the provisions, terms, conditions and obligations required by state and local law; 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 purposes and objectives of the RedevelopmentPlan. NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: 1. The Implementation Agreement is hereby approved, and the Chairman of the Agency is hereby authorized to execute the Agreement, with such non-substantive changes as may be approved by Agency Counsel. 3. The Executive Director of the Agency is hereby authorized to take all steps, and to . sign all documents and instruments necessary to implement and carry out the Agreement on behalf of the Agency. ADOPTED this 20t~ayof Juily AYES: MEMBERS: NOES: MEMBERS: ABSENT: NON-VOTE: MEMBEIlS MEMBERS: ATIEST: ~~ CynthiaJ. Nelson Executive Director/Recording Secretary . AS TO FORM: . ,1998. Franklin, Lutz, McGuigan, Pulido, Richardson None Espinoza Moreno ~ Chairman