HomeMy WebLinkAboutRedevelopment Agency - 164 RESOLUTION NO. ]64
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF HUNTINGTON BEACH AUTHORIZING
EXECUTION OF THE AGREEMENT FOR THE PURCHASE
AND SALE OF PROPERTY AND FOR A LOAN TO
CONSTRUCT A PUBLIC PARKING FACILITY BETWEEN
THE CITY OF HUNTINGTON BEACH AND THE
REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON
BEACH
WHEREAS, California Health and Safety Code Section
33220 provides authority for the City to aid and cooperate in
the planning, undertaking, construction or operation of
redevelopment projects by selling any of its property to a
redevelopment agency or by loaning money for any authorized,
purposes of the Agency; and
The transaction herein is not a surplus property
transaction within the meaning of Huntington Beach Ordinance
Code Chapter 3 . 06 nor California Government Code Section 54220;
and
The acquisition of the City' s property by the Agency
will facilitate redevelopment within the Main Pier Project Area
pursuant to that certain Owner Participation Agreement dated
November 21, 1988 between the Agency and Robert J. Koury
( "OPA" ) ; and
The Agency has agreed to pay to the City and the City
agrees to accept as payment the fair market appraisal value of
the property; and
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The Agency is authorized under Section 33421 of the
Health and Safety Code to construct public improvements
necessary to carry out the redevelopment plan and under Section
33440 of the Health and Safety Code is authorized to construct
foundations, platforms and other like structural forms
necessary for the utilization of air rights .
NOW, THEREFORE, the Redevelopment Agency of the City
of Huntington Beach does resolve as follows :
SECTION 1. The Chairman is authorized to execute the
Agreement for the purchase and sale of property and the loan of
money for the construction of the Parking Facility and
associated commercial shell between the City of Huntington
Beach and the Redevelopment Agency of the City of Huntington
Beach dated November 21, 1988 .
SECTION 2 . The Director of Redevelopment is
authorized to take whatever actions are necessary to fulfill
the terms of the Agreement.
PASSED AND ADOPTED by the Redevelopment Agency of the
City of Huntington Beach at a regular meeting thereof held on
the —/- day of -2>'CeM44P 1988 .
Chairman
ATTEST: APPROVED AS TO FORM:
Agency Clerk Agency Counci
2259n/2460/18 -2-
Agency Special Cou cil
164
REVIEWED AND AP OVED: ITIATED AND APPROVED:
' �r
City Administrator Dir or of Economic Development
2259n/2460/18 -3-
164
Res. No. 164
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF HUNTINGTON BEACH)
I, CONNIE BROCKWAY, 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
19th day of perPmhPr 19_a&, and that it was so adopted
by the following vote:
AYES: Members:
MacAllister, mean, Winchall ,Bannister, Mays, Silva,—Epskine
NOES: Members:
None
ABSENT: Members:
None
Clerk of the Redevelopment—Agency of
the City of Huntington Beach, Ca.
164