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HomeMy WebLinkAboutCity Council - 4529 RESOLUTION NO. 4529 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH APPROVING THE ACQUISITION AND SALE OF CERTAIN REAL PROPERTY IN THE WARNER-GOLDENWEST SMALL LOT REDEVELOPMENT PROJECT PURSUANT TO A PARTICIPATION AGREEMENT WITH L. C . SMULL WHEREAS, the Redevelopment Agency of the City of Huntington Beach (the "Agency") is engaged in activities nec- essary to execute and implement the Redevelopment Plan (the "Redevelopment Plan") for the Warner-Goldenwest Small Lot Redevelopment Project (the "Project" ) in a portion of the city of Huntington Beach (the "Project Area" ) ; and In order to implement the Redevelopment Plan, the Agency proposes to acquire and sell certain real property (the "Property" ) in the Project Area pursuant to the terms and pro- visions of a Participation Agreement between the Agency and L. C. Smull; and L. C. Smull has submitted to the Agency a written offer in the form of said Participation Agreement to purchase the Property for not less than fair market value for uses in accordance with the Redevelopment Plan and the covenants and conditions of said Participation Agreement; and The proposed Participation Agreement contains all the pro- visions, terms, conditions and obligations required by state and local law; and L. C. Smull possesses the qualifications and financial re- sources necessary to acquire and insure development of the Property in accordance with the purposes and objectives of the Redevelopment Plan; and For all purposes of the California Environmental Quality MT:ahb 1. L Act , all public and private activities or undertakings pursuant to or in furtherance of a redevelopment plan constitute a single project which shall be deemed approved at the time of adoption of the redevelopment plan; and The proposed development is covered by an environmental- impact report to the Project for which a Notice of Determination was filed on August 3, 1977, and the Agency found and determined that there have not been any substantial changes in the Project which would require another EIR; and Pursuant to the provisions of the California Community Redevelopment Law, the Agency, together with the Redevelopment Commission of the City of Huntington Beach held a joint public hearing on the proposed acquisition and sale of the Property and the proposed Participation Agreement after publication of notice as required by law; and Following such joint public hearing, the Redevelopment Commission recommended that the Agency approve the Participation Agreement; and The Agency approved the Participation Agreement and found and determined that the consideration for sale of the Property pursuant thereto is not less than fair market value in accord- ance with covenants and conditions governing the sale; and The City Council has duly considered all terms and con- ditions of the proposed sale and believes that the redevelop- ment of the Property pursuant to the proposed Participation Agreement is in the best interests of the city and the health, safety, morals and welfare of its residents and in accord with the public purposes and provisions of applicable state and local law, NOW, THEREFORE, the City Council of the City of Huntington Beach does resolve as follows : SECTION 1 . The City Council hereby finds and determines that the consideration for sale of the Property pursuant to the Participation Agreement constitutes a fair and equitable 2. price for the Property according to its value for reuse and is not less than the fair market value of the Property for uses in accordance with the Redevelopment Plan and the Participation Agreement . This finding is based upon the fact that under the Participation Agreement , L. C. Smull will reimburse the Agency for all costs it incurs in acquiring the Property, and the Agency is required by law to pay no less than fair market value for property which it acquires . SECTION 2. The City Council hereby approves and authorizes the execution of the Participation Agreement between the Agency and L. C . Smull. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 3rd day of October, 1977• Mayor ATTEST: APPROVED AS TO FORM: City Clerk ssi�TED t ity A o ney T REVIEWED AND APPROVED: INIT AND APPROVED: City A ministrator Director of Planning 3. Res No. 4529 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council at a regular meeting thereof held on the 3rd day of October 19 77 by the following vote: AYES: Councilmen: Bartlett, Wieder, Coen, Pattinson NOES: Councilmen: Siebert, Gibbs ABSENT: Councilmen: Shenkman City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California