HomeMy WebLinkAboutCity Council - 5556 RESOLUTION NO. 5556
A RESOLUTION OF THE CITY COUNCIL OF
HUNTINGTON BEACH APPROVING THE CONVEYANCE BY
MEANS OF SALE, LEASE, OR LEASE WITH OPT?ON OF
CERTAIN REAL PROPERTY PURSUANT TO A DISPOSITION
AND DEVELOPMENT AGREEMENT BY AND AMONG THE
HUNTINGTON BEACH AGENCY, THE CITY OF HUNTINGTON
BEACH; AND HUNTINGTON PACIFICA DEVELOPMENT GROUP
WHEREAS, the Huntington Beach Redevelopment Agency (the
' thin
"Agency" ) is authorized to conduct redev
elopment ment activities within
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the Main-Pier Redevelopment Project Area (the "Project Area" ) ;
which activities include the acquisition and conveyance of real
property for private development; and
The Agency desires to enter into a Disposition and Development
Agreement (the "Agreement" ) with the City of Huntington Beach (the
"City" ) and Huntington Pacifica Development Group, a California
general partnership (the "Developer" ) , which Agreement provides
for the transfer by lease, lease with option to purchase, and deed
of certain portions of the Project Area generally situated along
Pacific Coast Highway at or near its intersection with Main
Street, and the provision of public plaza, pedestrian overpass and
other public improvements, all as set forth in greater
particularity in the Agreement; and
The Agency and the City Council of the City ( "City Council" )
have conducted a duly noticed joint public hearing regarding the
proposed lease with option to purchase in accordance with
California Health and Safety Code Sections 33431 and 33433; and
The staff report pertaining to the Agreement, which has been
on display prior to the joint public hearing in accordance with
Section 33433 of the California Health and Safety Code, contains a
detailed description of the provisions of the Agreement; and
The Agreement provides for the development of certain public
improvements, the cost of which renders such improvements
infeasible without the financial participation by the Agency; and
Pursuant to the Agreement the Agency shall provide certain
pier improvements, plaza improvements, pedestrian overpass, and
other improvements of public benefit (collectively; the "Public
Improvements" ) which Improvements are enumerated in the
Redevelopment Plan and will be of benefit to the Project Area.-
NOW THEREFORE; the City Council of the City of Huntington
Beach does hereby resolve as follows :
Section-l : The acquisition and combination of parcels
I
provided in the Agreement is necessary and appropriate to create
an economically viable development unit.-
Section 2: 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 transferred to the Developer by deed, lease, or
lease with option (as applicable) constitutes the fair market
value thereof determined at the highest use permitted under the
Redevelopment Plan for the Project Area based upon the covenants
and restrictions established by the Agreement . The City Council
further finds that the provision the Public Improvements as
provided for in the Agreement is necessary to effectuate the
purpose of the Redevelopment Plan applicable to the Project Area
and approves the provision of such improvements by the Agency.
Section` 3 : The City Council hereby approves the Agreement and
all of its provisions including without limitation the attachment
thereto and authorizes the Mayor and the City Administrator to
execute all documents referenced in the Agreement, necessary to
effectuate the provisions of the Agreement.-
PASSED and ADOPTED this 19th day of August 1985.
xn
Mayor
ATTEST: '`,PPROVED AS TO FORM:
t
City Clerkity _attorney
REVIEWED AND APPROVED: I ITIATED AND APPROVED-.
J00-4L'd__'
ty A min trato ty" Director of
edevelopment
i
12971
2.
Res. No. 5556
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss:
CITY OF HUTrINGTON BEACH )
I, ALICIA M. WENTWORTH, the duly elected, qualified City
Clerk 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 19th day
of August , 19 85 , by the following vote:
AYES: Councilmen:
Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES: Councilmen:
None
ABSENT: Councilmen:
None
OP
City Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach, California