HomeMy WebLinkAbout2007-004 CRA
7/23/07 LES
RESOLUTION NO. CRA 2007-004
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA APPROVING THE
SALE OF AGENCY OWNED PROPERTY GENERALLY
LOCATED IN THE 1300 BLOCK OF SOUTH RITCHEY
AVENUE, SANTA ANA, CALIFORNIA; AND AUTHORIZING
THE EXECUTIVE DIRECTOR TO EXECUTE DOCUMENTS
AS NECESSARY
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") purchased the property generally
located in the 1300 block of South Ritchey Avenue in the 1980's from Santa
Fe Railroad for development of the Santa Ana Auto Mall located in the
Merged Redevelopment Project Area.
B. Part of that acquisition included a remnant strip of land on the west side of
Ritchey Avenue across from the Santa Ana Auto Mall. Martin Investment
Company (Buyer) owns several parcels of land adjacent to the Agency
owned property.
C. In order to maximize the development of the site, Buyer proposes to
purchase the Agency owned parcel (the Remnant Parcel) and incorporate it
into their development project. Buyer's project has received Site Plan
approval and is currently in plan check for a development consisting of
three new industrial buildings totaling 31,900 square feet. There is an
existing 24,010 square foot industrial building that will remain on the
adjacent site currently owned by Buyer. The project will also include
consolidation of the lots by the Buyer.
D. The Remnant Parcel owned by the Agency is zoned M-1 (light industrial)
and is consistent with the proposed development.
E. The 22,050 square foot Remnant Parcel has been appraised at
$350,000.00 by an independent fee appraiser. The highest and best use of
the Remnant Parcel is assemblage to the adjacent southerly parcel owned
by Buyer.
F. The Agency has agreed, subject to the approval of the City Council, to sell
said Remnant Parcel at its current appraised value, pursuant to the terms and
provisions of a Sale Agreement (hereinafter referred to as the "Agreement")
Resolution No. eRA 2007-004
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between the Agency and the Buyer, which is on file in the office of the
Executive Director of the Agency, in which said Remnant Parcel is described.
G. The Agreement contains all of the provisions, terms, conditions and
obligations required by state and local laws.
H. The proposed sale of the Remnant Parcel is exempt from further review and
in accordance with the California Environmental Quality Act, categorical
exemption ER No. 's 2007-105 will be filed for this project.
I. 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 Remnant Parcel pursuant to the Agreement.
Section 2. The Sale 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 take all
steps, and to sign all documents and instruments necessary to implement and carry out
the Agreements on behalf of the Agency.
ADOPTED this 6th day of Auqust, 2007.
APPROVED AS TO FORM:
Joseph W. Fletcher, General Counsel
BY:~~ r ~
Lisa E. Storck
Assistant General Counsel
AYES: Boardmembers Alvarez. Benavides. Bustamante, Martinez.
Pulido, Sarmiento. Tinaiero (7)
NOES: Boardmembers None (0)
ABSTAIN: Boardmembers None (0)
NOT PRESENT: Boardmembers None (0)
Resolution No. eRA 2007-004
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CERTIFICATE OF ATTESTATION AND ORIGINALITY
I, PATRICIA E. HEALY, Recording Secretary for the Community Redeveloprnent
Agency, do hereby attest to and certify the attached Resolution No. CRA 2007-004 to
be the original resolution adopted by the Community Redevelopment Agency of the City
of Santa Ana on Auqust 6.2007.
"
Date:
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,
Recording Secretary
Community Redevelopment Agenc
City of Santa Ana
Resolution No. eRA 2007-004
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