HomeMy WebLinkAboutCity Council - 5213 RESOLUTION NO. 5213
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON
BEACH APPROVING THE SALE OF CERTAIN REAL PROPERTY
PURSUANT TO A PARTICIPATION AGREEMENT BY AND BETWEEN THE
HUNTINGTON BEACH REDEVELOPMENT AGENCY AND COLLINS/ZWEIBEL
DEVELOPMENT
WHEREAS, the Huntington Beach Redevelopment Agency ("Agency") is
authorized to conduct redevelopment activities within the Talbert-Beach
Project Area ("Project Area"), which activities include the acquisition and
conveyance of real property for private development; and
WHEREAS, the Agency desires to enter into a Participation Agreement (the
"Agreement") with Collins/Zweibel Development, a California partnership
("Participant") substantially in the form attached hereto, which Agreement
provides for the conveyance of certain real property within the Project Area,
which real property is more particularly described in the Agreement, from the
Agency to the Participant and the improvement of said real property by the
Participant in addition to other real property owned or to be acquired by
Participant as a residential condominium project; and
WHEREAS, the Agency and the City Council ("City Council" ) of the City of
Huntington Beach have conducted a duly noticed joint public hearing regarding
the Agreement in accordance with California Health and Safety Code Sections
33431 and 33433; and
WHEREAS, a copy of the Agreement and the summary setting forth the
matters required by California Health and Safety Code Section 33433 have been
made available for public inspection and copying.
NOW, THEREFORE, the City Council of the City of Huntington Beach does
hereby resolve as follows:
Section 1: The City Council finds and determines, based upon the
testimony and information presented during the public hearing with respect to
the Agreement, that the consideration for the real property to be conveyed to
the Participant by the Agency pursuant to the Agreement is not less than the
fair market value thereof in accordance with the covenants and conditions
governing such sale.
Section 2: The City Council hereby approves the sale of the real
property referred to in the recitals hereinabove to the Participant pursuant
to the terms and provisions of the Agreement and hereby approves all of the
terms and provisions of the Agreement.
PASSED AND ADOPTED this 20th day of December 1982•
ATTEST:
City Clerk Mayor
APPROVED AS TO FORM: APPROVED AS T� fORM AND CONTENT:
Gt
City Attorney STR RLS RAUTH
Speci d opment Counsel
INITIATED AND APPROVED AS TO CONTENT:
Director, Business and Industrial
Enterprise
APPROVED:
City Administrator
Res. No. 5213
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss:
CITY OF HUNTINGTON BEACH )
I, ALICIA M. WENTWORTH, the duly elected, qualified City
Cldrk 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 20th day
of December 19 & by the following vote:
AYES: Councilmen:
Pattinson, MacAllister, Mandic, Finley, Bailey, Kelly
NOES: Councilmen:
Thomas
ABSENT: Councilmen:
None
City Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach, California