HomeMy WebLinkAboutRedevelopment Agency - 19 RESOLUTION NO. '19
RESOLUTION OF THE ..REDEVELOPMENT. AGENCY OF .THE
CITY OF H.UNTINGTO.N .BEACH. FINDING THAT .THE.-
CON.SIDERATION ..FOR THE� SALE _OF ..CERTAIN. REAL
PROPERTY IN THE WARNER-GOLDENWEST ..SMALL LOT '
REDEVELOPMENT - PROJECT- IS NOT LESS .�THAN -FAIR :
MARKET VALUE IN -ACCORDANCE WITH COVENANTS AND
CONDITIONS GOVERNING SUCH SALE, -APPROVING THE
ACQUISITT.ON .AND ,.SALE_ OF SAID. PROPERTY .PURSUANT ,
TO A PARTICIPATION AGREEMENT WITH =L._ C . .SMULL,
AND AUTHORIZING THE EXECUTION. OF SAID PARTICI-
PATION AGREEMENT
WHEREAS-, the Redevelopment Agency of the City of Huntington
Beach (the "Agency" ) is engaged in activities- necessary . to exe-
cute 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 "Prop-
erty".) in the Project Area pursuant to the terms _and..provisions
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 . and conditions and obligations required by state.
and local law; and
L. C : Smull possesses the qualifications and financial .
resources .necessary to acquire and insure development of the
property in accordance with the purposes and .objectives of the
Redevelopment Plan; and
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1. I
e
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For all purposes of the California Environmental Quality
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 for.: the.. Project ' for which a Notice of .Determination
was filed ..on August 3, 1977, and .the Agency finds-.and determines
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 Com-
mission -recommended .that the Agency approve the Participation
- Agreement; and
The Agency has duly ,consider.ed . all terms .and. conditions of
the proposed sale and believes that the redevelopment of the Prop-
erty 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 Redevelopment Agency of the City of
Huntington Beach does resolve as follows .
Section 1 . The Agency hereby finds and determines that the
consideration for sale of the Property pursuant to the..Participa-
tion Agreement constitutes a fair and equitable 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 Owner Participation Agreement .
2.
r
Section 2 . The acquisition .and .sale .of the . Property by
the Agency to- L. C . Smull pursuant to the Participation Agree-
ment . is hereby approved.
Section 3 . The Chairman and Secretary of the Agency are
hereby, authorized... to execute the Participation_.Agreement,. and
are further _authorized,.to take- all steps and. to - sign all .docu-
ments and .instructions (including- but not limited - to.-the grant
deed) necessary to . implement .and - carry out..the Participation .
Agreement .on behalf .of the Agency.
PASSED .AND .ADOPTED...by the Redevelopment . Agency of .the City
of Huntington Beach- a-t a regular meeting thereof held' on the 3rd
day of October, 1977 :
4
Chairman for the Redevelopment
Agency of the. City of
Huntington Beach
ATTEST:
• s.
Clerk for the" Redevelopment
Agency
REVIEWED AND APPROVED: APPROVED AS TO FORM:
Zief Executive Officer Legal Advisor
INITIATED AND APPROVED
AS TO CONTENT:
Planning Director
3 .
s
Res. No. 19
STATE OF CALIFORNIA )
) ss
COUNTY OF ORANGE )
I, ALICIA M. WENTWORTH, Clerk of the Redevelopment Agency
of the City of Huntington Beach, California, DO HEREBY CERTIFY that the
foregoing resolution was duly adopted by the Redevelopment Agency of the
City of Huntington Beach at a meeting of said Redevelopment Agency held
on the 3rd day of October , 197 7 and that it was so
adopted by the following vote:
AYES: Members:
Bartlett, Wieder, Coen, Pattinson
NOES: Members:
Gibbs, Siebert
ABSENT: Members:
Shenkman
Clerk of the Redevelopment
Agency of the City of
Huntington Beach