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HomeMy WebLinkAboutRedevelopment Agency - 66 RESOLUTION NO. 66 RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE AGENCY AND THE WILLIAM LYON COMPANY AND AUTHORIZING THE EXECUTION THEREOF 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 Disposition and Development Agreement (the "Agreement") with the William Lyon Company, a California Corporation ("Participant") substantially in the form attached hereto, which Agreement provides for the conveyance of certain real property, located within the Project Area and specifically described in the Agreement, from the Agency to the Participant and the improvement of said real property by the Participant as a-senior citizen housing project; and WHEREAS, the Agency and the City Council of the City of Huntington Beach ("City Council") have conducted a duly noticed joint public hearing regarding the Agreement in accordance with California Health and Safety 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 Huntington Beach Redevelopment Agency does hereby resolve as follows: Section 1: The Agency hereby approves the form of the Agreement attached hereto and hereby authorizes the Chairman and Clerk of the Agency to execute said Agreement on behalf of the Agency, subject to the approval of the Agreement by the City Council . PASSED AND ADOPTED this 7th day of February 198;3. ATTEST: Y s e`.ed a Agency Clerk Chairman r APPROVED AS TO FORM: APPROVED AS TO FORM AND CONTENT: 740 L-�A" Leg ounsel S R DLING, YOCCA, CA ON, RAUTH Special Redevelopmen Counsel INITIATED AND APPROVED AS TO CONTENT: Director, Business and Industrial Enterprise APPROVED: 41 Chief Executive ficer s Res. No. 66 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HUNTINGTON BEACH) Y I ALICIA M. WENTWORTH C1 .erk -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 • Cam!/! C;1_erk of the Redevelopment Agency of the City of Huntington Beach, Ca.