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HomeMy WebLinkAboutRedevelopment Agency - 65 RESOLUTION NO. 65 RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY APPROVING THE ACQUISITION OF CERTAIN SURPLUS PROPERTY FROM THE CITY OF HUNTINGTON BEACH WHEREAS, the Huntington Beach Redevelopment Agency ('.'Agency") is responsi- ble for implementing the Redevelopment Plan for the Talbert-Beach Redevelopment Project; and WHEREAS, the City Council of the City of Huntington Beach has declared certain City-owned property within the Talbert-Beach Redevelopment Project Area as surplus and has approved the sale of said surplus property to the Huntington Beach Redevelopment Agency at not less than fair market value, but under terms and conditions as shall be established and approved by the Huntington Beach Redevelopment Agency; and WHEREAS, Section 33396 of Article 7 of Division 24 of the. California Health and Safety Code provides that the Agency may accept conveyance of real property owned by the City and .that the Agency may dispose of such property for develop- ment purposes, NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach does resolve as follows: Section l: The Chief Executive Officer of the Redevelopment Agency is hereby authorized and directed to have prepared for- the Chairman's signature the appropriate documents needed to acquire from the City of Huntington Beach the surplus property more particularly described as follows: Parcel 1: The south half of Block C and the north three hundred (300) feet of Block D of Tract 570, as shown on a map recorded in Book 19, Page 71 of Miscellaneous Maps, records of Orange County, California. Parcel 2: The south half of the east half of the northeast quarter. of. the northwest quarter of the northeast quarter of Section 35, Township 5 south, Range 11 west in the Rancho Las Bolsas, as shown on a map recorded in Book 51, Page 7 and following of Miscellaneous Maps, records of Orange County, California. Excepting therefrom all minerals, gas, oil , petroleum, naptha and other hydrocarbon substances in and under said land., together with all necessary and convenient rights to explore for, develop, produce, extract and take the same subject to the express limitation that any and all operations for the exploration, development, production, extraction and taking of any of said substances shall be carried on at levels below the depth of 500 feet from the surface of said land by -means of mines, wells, derricks I and/or other equipment from surface locations on adjoining or neighboring land lyi°ng outside the above described land and subject further to the express limitation that the foregoing reservation shall in no way be -- interpreted to include any right of entry in and upon the surface of said land. Parcel 3: The east 10 feet of the northwest -quarter of the northeast quarter of the northwest quarter of the northeast quarter of Section 35, Township 5 south, Range 11 west. Section 2: The Redevelopment Agency shall hereby accept conveyance of said property from the City of Huntington Beach for the fair market value of the pro- perty which is determined to be $2,750,000. The Agency will compensate the City for said conveyance from, and at the timesv Agency receivespthe proceeds from the sale of the 5-acre industrial site and from future tax increment dollars. A ten percent (10%) annual interest rate shall be applied to any unpaid balance of the original sales price from this day forward until the full sales price is paid. Section 3: The Chief Executive Officer is hereby authorized and directed to solicit proposals from private parties and development firms for the acquisi- tion and development of that portion of the property which is currently desig- nated for industrial use. Passed, approved and adopted this 7th day of February 1983. ATTEST: Agency Clerk Chairman INITIATED AND 'APPROVED AS TO CONTENT: APPROVED AS TO FORM AND CONTENT: Director, Business and Industrial STRADLING, YO , CARLS , RAUTH Enterprise Special Legal Counsel APPROVED AS TO FORM: APPROVED: Agency Couns Chief Executive Officer Res. No. 65 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HUNTINGTON BEACH) I , ALICIA M. WENTWORTH, Gl erk�-: °`z; 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 7th day of February 19 83, and that it was so adopted by the following vote: AYES Members: Pattinson, Thomas, MacAllister, Mandic, Finley, Bailey, Kelly NOES: Members: None ABSENT: Members : None aj Clerk r . of the Redevelopment Agency of the City of Huntington Beach, Ca.