HomeMy WebLinkAboutCity Council - 5720 RESOLUTION NO. 5720
A RESOLUTION OF THE CITY COUNCIL OF
HUNTINGTON BEACH APPROVING THE CONVEY-
ANCE BY MEANS OF SALE OF REAL PROPERTY
PURSUANT TO A DISPOSITION AND DEVELOPMENT
AGREEMENT BY AND AMONG THE HUNTINGTON
BEACH REDEVELOPMENT AGENCY, AND HUNTING-
TON PACIFICA I DOING BUSINESS AS HUNTINGTON
PACIFICA DEVELOPMENT GROUP
WHEREAS, the Huntington Beach Redevelopment Agency (the "Agency") is
authorized to conduct redevelopment activities within the Main-Pier Redevelopment
Project Area (the "Project Area"), which activities include the acquisition and conveyance
of real property for property development; and
The Agency desires to enter into a First Amended Disposition and Development
Agreement (the "Agreement") with Huntington Pacifica I doing business as Huntington
Pacifica Development Group, a California general partnership (the "Developer"), which
Agreement provides for the transfer by 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 improvements, as set forth in greater particularity in
the Agreement; and
The Agency and the City, by Huntington Beach City Council, have conducted a duly
noticed joint public hearing regarding the proposed sale 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 improvements of
public benefit (collectively, the "Public Improvements") which Improvements are enumer-
ated 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 1: The acquisition and combination of parcels provided in the Agree-
ment 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, constitutes
the fair market value thereof determined at the highest use permitted under the
Redevelopment Plan for the Project Area based upon the convenants and restrictions ".
1. � �
established by the Agreement. The City Council further finds that the provision of 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 pro-
vision of such improvements by the Agency.
Section 3: The City Council hereby approves the Agreement and all of its pro-
visions including without limitation the attachments 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 27 day of October 1986.
Lr4 Va. L —
Mayor
ATTEST: APPROVED AS TO FORM:
ra!�e' '5*, - lr�4f"-"A -
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City Clerk City Ittorney ?e-S 0 U
REVIEW AND APPROVED: ITIATED AND APPR ED:
0. &Y4
City Administrator Deputy City Administrator/
Redevelopment
0333r
2.
Res. No. 5720
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF HIW INGTON BEACH )
I
I
1, 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 adjourned meeting thereof held on the 27th day
of October , 19 86 by the following vote:
AYES: Councilmen:
Kelly, macAllister, Finley, Mandic, Bailey, Green, Thomas
NOES: Councilmen:
None
ABSENT: Councilmen:
None
City Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach, California