HomeMy WebLinkAbout2002-12 CRA
RESOLUTION NO. 2002-12
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF
SANTA ANA APPROVING A DISPOSITION AND
DEVELOPMENT AGREEMENT BETWEEN THE
AGENCY AND SYCAMORE PARKING CONCEPTS,
INC.
BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF SANTA ANA, AS FOLLOWS:
Section 1: The Board of the Community Redevelopment Agency of the City of
Santa Ana hereby finds, determines and declares as follows:
A. 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").
B. In order to implement the Redevelopment Plan, the Agency has
agreed, subject to the approval of the City Council, to sell certain real
property in the Project Area, pursuant to the terms and provisions of a
Disposition and Development Agreement (hereinafter referred to as the
"Agreement") between the Agency and Sycamore Parking Concepts, Inc.,
which is on file in the office of the Executive Director of the Agency, in which
said real property, located on the west side of Sycamore Street north of
Civic Center Drive and being the parking lot and adjacent free space
located north of the former YMCA building (hereinafter referred to as the
"Site"), is described.
C. The Agreement contains all of the provisions, terms, conditions and
obligations required by the state and local laws.
D. Sycamore Parking Concepts, Inc. 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.
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E. The City of Santa Ana as lead agency has determined that the
environmental impact report prepared in conjunction with the adoption of
the City's Midtown Specific Plan may be used for this project.
F. 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 ? The Disposition and Development Agreement is hereby approved,
and the Executive Director of the Agency is hereby authorized to execute the Agreement,
with such non-substantive changes as may be approved by Agency's General Counsel.
Section 3. The Executive Director of the Agency is hereby authorized to
execute the necessary documents with the City to acquire title to the YMCA building,
including the property to be transferred pursuant to the Agreement. The Executive
Director of the Agency is hereby further authorized to negotiate and execute a sublease
agreement for the 150 parking spaces in this parking garage to the City of Santa Ana on
a month-to-month basis subject to approval as to form by the Agency General Counsel.
The proceeds of any sublease of the parking spaces in the parking garage shall be
deposited into the Agency's low and moderate income housing fund until the proceeds of
the sublease equal the fair market value of the YMCA building.
Section 4. 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 16th day of December ,2002.
APPROVED AS TO FORM:
Joseph W. Fletcher, General Counsel
IC~
v li
n' 'min Kaufman
sistant General Counsel
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AYES:
Boardmembers:
Alvarez, Sist, Christy,
Franklin, Garcia, Pulido,
Solorio (7)
NOES: Boardmembers:
None
(0)
(0)
(0)
ABSTAIN: Boardmembers:
None
NOT PRESENT: Boardmembers:
None
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, JOHN P. REEKSTIN, Secretary of the Agency, do hereby attest to and certify the
attached Resolution No. 2002-12 to be the original resolution adopted by the
Community Redevelopment Agency of the City of Santa Ana on December 16, 2002
Date: January 7, 2003
secret1/ L
Community Redevelopment Agency
of the City of Santa Ana
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