HomeMy WebLinkAbout1979-45 CRA
EJC:sc
8/29/79
RESOLUTION NO. 79-45
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A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY 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 THE FIRST
AMENDMENT TO PARTICIPATION AGREEMENT BETWEEN THE
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF
SANTA ANA AND STEVEN J. KEISER AND PAULA B.
KEISER FOR THE SALE AND DEVELOPMENT OF CERTAIN
REAL PROPERTY IN THE SANTA ANA REDEVELOPMENT
PROJECT; APPROVING THE PROPOSED SALE OF SAID
REAL PROPERTY; AND APPROVING THE FIRST AMENDMENT
TO PARTICIPATION AGREEMENT PERTAINING THERETO.
WHEREAS, the Community Redevelopment Agency of the City
of Santa Ana is engaged in activities necessary to execute and
implement the Redevelopment Plan for the Santa Ana Redevelopment
Project; and
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WHEREAS, in order to implement the Redevelopment Plan,
the Agency proposes to sell certain real property in the Project
area, pursuant to the terms and provisions of that certain agree-
ment previously entered into between the Community Redevelopment
Agency and Steven J. Keiser and Paula B. Keiser, dated Janaury l5,
1979, entitled "Participation Agreement", and the proposed First
Amendment to Participation Agreement in which said real property
is described; and
WHEREAS, Steven J. Keiser and Paula B. Keiser have sub-
mitted to the Agency a written offer in the form of said First
Amendment to Participation Agreement to purchase the site; and
WHEREAS, the Participation Agreement dated January l5,
1979, and the proposed First Amendment to Participation Agreement
contain all the provisions, terms, conditions and obligations
required by state and local law; and
WHEREAS, Steven J. Keiser and Paula B. Keiser possess
the qualifications and financial resources necessary to acquire
and insure development of the Site, in accordance with the pur-
poses and objectives of the Redevelopment Plan; and
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WHEREAS, the Agency has prepared, reviewed and con-
sidered, a Summary Report setting forth the cost of the First
Amendment to Participation Agreement to the Agency, the estimated
value of the interests to be conveyed determined at the highest
uses permitted under the Redevelopment Plan, and the purchase
price, and made said Summary Report available for public inspec-
tion in accordance with the California Community Redevelopment
Law; and
WHEREAS, the Agency has found on the basis of an Initial
Study that said First Amendment to Participation Agreement will
not result in substantial changes in the Project or the circum-
stances under which the Project is to be undertaken, that no Nega-
tive Declaration, Subsequent Environmental Impact Report, or Supple-
ment to an Environmental Impact Report is required, and that the
proposed action will have no significant effect on the environment
except as identified and considered in the previous Environmental
Impact Report; 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 Site and
the proposed First Amendment to Participation Agreement; and
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RESOLUTION NO. 79-45
PAGE TWO
WHEREAS, the Agency has considered all terms and condi-
tions of the proposed sale and believes that the redevelopment of
the Site pursuant to the proposed First Amendment to Participation
Agreement is in the best interests of the City and the health,
safety; morals and welfare of its residents, and is in accord with
the public purposes and provisions of the applicable state and
local laws.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY REDEVEL-
OPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS:
1. The Agency hereby finds and determines that the
consideration for the sale of the Site pursuant to the First Amend-
ment to Participation Agreement between the Agency and Steven J.
Keiser and Paula B. Keiser is not less than the fair market value
of the Site in accordance with the covenants and conditions gov-
erning the sale.
2. The Agency hereby finds and determines that the
consideration for sale of the Site pursuant to said Agreement is
necessary to effectuate the purposes of the Redevelopment Plan.
3. The sale of the Site by the Agency to Steven J.
Keiser and Paula B. Keiser and the First Amendment to participa-
tion Agreement which establishes the terms and conditions for the
sale and development of the Site, are hereby approved.
4. The Chairman of the Agency is hereby authorized to
execute the First Amendment to participation Agreement and grant
deeds pertaining thereto.
5. The Executive Director 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 17th day of
the following vote: -----
September
,1979, by
AYES:
MEMBERS: Bricken, Griset, Luxembourger, Serrato, Ward,
Yamamoto, Markel (pursuant to Sec. 6, Art. 3)
MEMBERS:
NOES:
ABSENT:
MEMBERS:
ATTEST:
~IRM~ ~
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Executive Director/
Recording Secretary
APPROVED AS TO FORM:
dç:;
KEITH L. GOW
Agency Legal Counsel
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