HomeMy WebLinkAboutRedevelopment Agency - 165 RESOLUTION NO. 165
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF HUNTINGTON BEACH APPROVING THE
ACQUISITION AND DISPOSITION OF REAL PROPERTY
PURSUANT TO AN OWNER PARTICIPATION AGREEMENT BY
AND AMONG THE REDEVELOPMENT AGENCY OF THE CITY
OF HUNTINGTON BEACH AND ROBERT J. KOURY
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 Owner Participation
Agreement (the "Agreement" ) with Robert J. Koury, an individual
(the "Participant" ) , which Agreement provides for the
acquisition and imposition of certain portions of the Project
Area generally situated along Main Street and the provision of a
public parking facility 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 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 a public
parking structure and certain public improvements , which are a
benefit to the project area and are essential to its development
according to the Main-Pier Redevelopment. Plan 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, including the public parking
facility, which Improvements are enumerated in the Redevelopment
Plan; and
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The Agency has reviewed the EIR for this project which was
certified as being in conformance with CEQA requirements and
approved as adequate by the City Council in its action to uphold
the Planning Commission' s determination to that effect on
November 7, 1988 .
NOW THEREFORE, the Redevelopment Agency of the City of
Huntington Beach does hereby resolve as follow:
Section 1 . The Redevelopment Agency finds and determines
that EIR 88-4 , certified and approved including the finding of
overriding considerations by the City Council in its position as
the lead agency, is adequate for this project .
Section 2 . The Redevelopment Agency 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 by the highest use permitted under the Redevelopment
Plan for the Project Area and based upon the covenants and
restrictions established by the Agreement . The Redevelopment
agency further finds that the provision of the Public
Improvements as provided for in the Agreement are necessary to
effectuate the purpose of the Redevelopment Plan applicable to
the. Project Area, that such improvements would be infeasible
without .the participation of the .Agency and .approves the
provision of such improvements' by. the Agency. -
Section 3 . The Redevelopment' Agency hereby approves the
. Agreement and all of its provisions, including without
limitation, the attachments thereto and authorizes the Chairman
and the Executive Director to execute all documents referenced
in the Agreement and necessary to effectuate the provisions of
the Agreement .
PASSED AND ADOPTED this �Lday f 1988 .
Chairman
ATTES : APPROVED AS TO FORM:
Agency Clerk ' Agency Couns - 1
� kp
S cial Counsel
REV AND P VED: INI IA D AND P D:
r:
d (�
Executive Director Dir c or of Economic Development
2250n/2460/18 -2-
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Res. No. 165
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 December 1988 , and that it was so adopted
by the following vote:
AYES: Members:
MacAllister, Green, Winchell , Bannister, Mays, Silva, Erskine
NOES: Members:
None
ABSENT: Members:
None
Clerk of t e Redevelopmen Agency of
the City of Huntington Beach, Ca.
165