HomeMy WebLinkAboutRedevelopment Agency - 71 RESOLUTION NO. 71
RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY
APPROVING THE PARTICIPATION AGREEMENT .BETWEEN THE AGENCY
AND HUNTINGTON BREAKERS APARTMENTS, LIMITED, AND AUTHORIZING
THE EXECUTION THEREOF
WHEREAS, the Huntington Beach 'Redevelopment Agency ("Agency") is authorized
to acquire and convey real property for private development; and
WHEREAS, the Agency desires to enter into a Participation Agreement (the
"Agreement") with Huntington Breakers-Apartments , Limited, a Limited Partnership
("Participant") , in the form attached hereto, which Agreement provides for the
conveyance of certain real property, specifically described in the Agreement,
from the Agency .to the Participant and the improvement of said real property
by the Participant as a residential 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 pub-,fic'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`. Kereby 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 22nd day of February 1983.
ATTEST:
Agency Clerk Chairman
L
I
APPROVED AS TO FORM: APPROVED AS TO FORM AND CONTENT:
c
Legal Counsel n / ST A LING, YOCCA, CARLS RAUTH
/C (� Special Redevelopment Counsel
INITIATED AND APPROVED AS TO CONTENT:
Director, Business and Industrial Enterprise
APPROVED:
Chief Executive Officer
Res. No. 71
STATE OF CALIFORNIA )
COUNTY OF ORANGE
CITY OF HUNTINGTON' BEACH)
I , ALICIA M. WENTWORTH, Cl,erkk 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 22nd day
of February 19 83, and that it was .so adopted by
the following vote:
AYES: Members:
Pattinson, MacAllister,. Finley, Bailey, Kelly
NOES: Members:
Thomas, Mandic,
ABSENT: Members :
None
_er - _ of the Redevelopment Agency
of the City of Huntington Beach, Ca.