HomeMy WebLinkAboutCity Council - 5895 RESOLUTION NO. 5895
A RESOLUTION OF THE CITY COUNCIL
OF HUNTINGTON BEACH APPROVING THE CONVEYANCE
BY MEANS OF SALE OF REAL PROPERTY PURSUANT TO A
DISPOSITION AND DEVELOPMENT AGREEMENT BY AND AMONG
THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AND
CALIFORNIA RESORTS (FORMERLY HUNTINGTON PACIFICA I)
WHEREAS, the Redevelopment Agency of the City of Huntington Beach
(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
private development; and
The Agency desires to enter into a Second Amended Disposition and
Development Agreement (the "Agreement) with California Resorts
(formerly Huntington Pacifica I), 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, all 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
Agreement 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 enumerated in the Redevelopment Plan and will be
of benefit to the Project Area.
5895
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
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, 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 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 provision of such improvements by the
Agency.
Section I The City Council hereby approves the Agreement and all of
its provisions, including without limitations, 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 27th day of June , 1988.
Mayor
ATTEST: APPROVED AS TO FORM:
I
City Clerk City Attorney R, -y
RZ_VIEWED AND APPROVED: I TIATED AND APPROVED:
City Administrator Dire or of Community Develop.
5895
Res. No. 5895
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss:
CITY OF HUNTINGTON 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 adjourned meeting thereof held on the 27th day
of June 19 88 by the following vote:
AYES: Councilmen:
Kelly, Green, Finley, Mays, Winchell
NOES: Councilmen:
None
ABSENT: Councilmen:
Erskine
ABSTAIN: Bannister
City Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach, California
5895