HomeMy WebLinkAboutRedevelopment Agency - 119 RESOLUTION NO. 119
RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
HUNTINGTON BEACH DETERMINING THAT THE CONSTRUCTION
OF CERTAIN PUBLIC IMPROVEMENTS IS OF BENEFIT TO THE
OAKVIEW REDEVELOPMENT PROJECT AND THE IMMEDIATE NEIGHBORHOOD
IN WHICH THE PROJECT IS LOCATED, DETERMINING THAT THERE ARE
NO OTHER REASONABLE MEANS OF FINANCING SAID PUBLIC IMPROVEMENTS
AND APPROVING AN OWNER PARTICIPATION AGREEMENT BY AND BETWEEN
THE REDEVELOPMENT AGENCY AND MOLA DEVELOPMENT CORPORATION
WHEREAS , the Redevelopment Agency of the City of Huntington
Beach (the "Agency") is authorized to carry out the redevelopment
of the Oakview Redevelopment Project Area (the "Project") ; and
The Redevelopment Plan for the Project Area (the
"Redevelopment Plan") authorizes and directs the Agency to pay all
or part of the value of the acquisition and construction of public
improvements ; and
The City Council of the City of Huntington Beach (the "City")
desires to construct certain public improvements within the
Project Area as depicted in the map attached here as Exhibit "A"
and incorporated herein by reference (the "Public Improvements") ,
with repayment to be made by the Agency; and
California Health and Safety Code Section 33445 provides that
the Redevelopment Agency may, with the consent of the legislative
body, pay all or part of the value of public buildings,
facilities, structures or other improvements upon a finding that
such public improvements are of benefit to the Project Area or the
immediate neighborhood in which the Project is located and that
there is no other reasonable means of financing such public
improvements available for the community; and
The construction of the Public Improvements will benefit the
Project Area, as demonstrated by documentary and testimonial
evidence received by the Agency ; and
There is no other reasonable means of providing and paying for
the Public Improvements available to the community other than
payment by the Agency as provided for herein; and
The Agency has carefully reviewed a draft Owner Participation
Agreement ( "OPA") by and between the Agency and Mola Development
Corporation ("Mola") , and has determined that the execution and
implementation of the OPA will promote the Redevelopment Plan and
the public health, safety, and welfare ;
NOW, THEREFORE, the Redevelopment Agency of the City of
Huntington Beach does hereby resolve as follows:
Section 1. The Agency hereby determines that the
construction of the Public Improvements will be of benefit to the
Project Area and the surrounding neighborhood in which the Project
is located.
Section 2. The Agency further determines that no other
reasonable of financing the construction of the Public
Improvements is available except having the Agency pay all or part
of the value of such acquisition, clearance, regarding and
construction of the Public Improvements including, without
limitation, the deferral of City fees.
Section 3 . The Agency finds and determines that the
provision of the Public Improvements and the deferral of fees is
necessary to effectuate the purposes of the Redevelopment Plan.
Section 4. The Agency approves the OPA and authorizes and
directs the Chairman to execute the OPA.
PASSED, APPROVED AND ADOPTED this 15th day
of April 1985.
ATTEST:
Agency Clerk Chairperson
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APPROVED AS TO FORM APPROVED AS TO FORM:
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Agency ounsel �, Special Agency CcQn.,4el
7ITI;ATED AND APPROVED:
Depu Director of Redevelopment
APPROVED:
loor
Chief Executive O ficer
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Res. No. 119
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF HUNTINGTON BEACH)
I , ALICIA M. WENTWORTH, Clerk 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
15th day of April lg 85, and that it was so adopted
by the following vote:
AYES: Members:
Kelly, MacAllister, Mandic, Bailey, Finley, Green
NOES: Members:
None
ABSENT: Members:
None
NOT VOTING: Thomas
Clerk of the Redevelopment Agency of
the City of Huntington Beach, Ca.