HomeMy WebLinkAboutRedevelopment Agency - 169 RESOLUTION NO. 169
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF HUNTINGTON BEACH APPROVING THE
REHABILITATION AND IMPROVEMENT OF REAL PROPERTY
PURSUANT TO AN OWNER PARTICIPATION AGREEMENT BY
AND AMONG THE REDEVELOPMENT AGENCY OF THE CITY
OF HUNTINGTON BEACH AND MOHAMMED AND ADEL ZEIDAN
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 rehabilitation and
improvement of real property; and
The Agency desires to enter into an Owner Participation
Agreement (the "Agreement" ) with Mohammed and Adel Zeidan (the
"Participant" ) , which Agreement provides for the rehabilitation and
improvement of certain real property in the Project Area generally
situated along Main Street, all as set forth in greater
particularity in the Agreement; and
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 and the Planning Commission .
NOW THEREFORE, the Redevelopment Agency of the City of
Huntington Beach does hereby resolve as follows :
Section 1. The Redevelopment Agency finds and determines
that EIR 82-2 completed for the Downtown Specific Plan, certified
and approved by the City Council in its position as lead agency, is
adequate for this project .
Section 2 . The Redevelopment Agency finds and determines,
that based upon the covenants and restrictions established by the
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Agreement, adequate consideration supports the provision of the
financial assistance to the Participant. The City Council further
finds that the rehabilitation and improvements as provided for in
the Agreement are necessary to effectuate the purpose of the
Redevelopment Plan applicable to the Project Area.
Section 3 . The Redevelopment Agency hereby approves the
Agreement and all of its provisions, including without limitation,
the attachements thereto and authorizes the Chairman of the Agency
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 6th day of February, 1989 .
,,F
Z 00,
Chairman
ATTEST: APPROVED AS TO FORM:
Agency Clerk Agency Couns 1-2
�kZ a24'
pecial Counsel
REVIEWED AND APPROVED: I ITIATED AND APPROVED:
Executive Director Di e for of Economic Development
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Res. No. 169
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
6th day of February 19_.0 , 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 RedevelopmiVt Agency of
the City of Huntington Beach, Ca.
169