HomeMy WebLinkAboutRedevelopment Agency - 187 R
RESOLUTION NO. 1871
A RESOLUTION OF THE HUNTINGTON BEACH
REDEVELOPMENT AGENCY APPROVING A FIRST
AMENDMENT TO THE SECOND AMENDED AND RESTATED
DISPOSITION-AND DEVELOPMENT AGREEMENT BY AND
BETWEEN THE HUNTINGTON BEACH REDEVELOPMENT
AGENCY AND CALIFORNIA RESORTS
WHEREAS, the Huntington Beach Redevelopment Agency
(the "Agency" ) and California Resorts, a California general
partnership entered into a certain Second Amended and Restated
Disposition and Development Agreement, dated as of
August 26, 1988, (the "DDA" ) for the disposition and
development of certain private and public improvements within
the Main-Pier Redevelopment Project Area (the "Project Area" ) ;
and
WHEREAS, on December 5, 1988, the Agency_ approved the
assignment and transfer by California Resorts of all of its
rights, title and interest in and to the DDA to California
Resorts/Haseko Associates , a California general partnership
doing 'business as a joint venture (hereinafter referred to as
the "Developer" ) ; and
WHEREAS, the Developer and the Agency are proceeding
to perform their respective obligations pursuant to the DDA; and
WHEREAS, the Developer and the Agency desire to
approve an amendment to the DDA ( in the form attached hereto as
Attachment "A" incorporated herein, which constitutes the
"Amendment" ) to supplement the terms of the DDA; and
WHEREAS, the approval and execution of the Amendment
will facilitate the orderly completion of improvements by the
Developer as contemplated in the DDA and in furtherance of the
Redevelopment Plan for the Main-Pier Redevelopment Project (the
"Redevelopment Plan" ) ; and
WHEREAS, the Agency and the City Council of the City
of Huntington Beach (the "City Council" ) have conducted a duly
noticed joint public hearing regarding the proposed Amendment;
and
NOW, THEREFORE, the Huntington Beach Redevelopment
Agency does resolve as follows :
Section 1 : The City Council finds and determines,
based upon the testimony and information presented during the
public hearing with respect to the Amendment that the Amendment
will significantly benefit the Agency and the community by
providing additional security to protect the Agency's interest i
in real property pursuant to the DDA and by facilitating the
elimination of blighting conditions, the generation revenues ,
and the provision of high-quality development activities to
.stimulate the economic enhancement of the Project Area in
accordance with the DDA.
Section 2 : The Agency finds and determines that :
(a) the approval of the Amendment will promote the objectives
of the Redevelopment Plan and promote the health, safety and
welfare of the citizens of the City of Huntington Beach; and
(b) the Amendment is consistent with the orderly development of
the improvements to be provided by the Developer pursuant to
the DDA.
Section 3 : The Huntington Beach Redevelopment Agency
approves the Amendment in the form of Attachment "A" . and
authorizes and directs the Chairman and the Executive Director
to execute that Amendment and such other documents as may be
determined by the City Attorney to be necessary or appropriate
to effectuate the DDA as now amended.
PASSED, APPROVED, and ADOPTED this end 'day of
October 1989 by the following vote:
AYES : MacAllister, Green, Winchell , Bannister, Mays, Silva, Erskine
NOES : None
ABSENT: None
ABSTAIN: None
HUNTINGTO BEACH REDEVELOP ENCY
By 1 +
Chairman
DATED: 10/3/89
I
ATTEST.: , .
Agency Clerk
_ - r
.08/31/89
6063n/2460/004 -2- 187
APPROVED AS TO FORM:
Agency Special Counsel ,
Stradling, Yocca, Carlson & Rauth
REVIEWED AND APPROVED AS TO FORM:
-r A
Agency Attorney
i
i
08/31/89
6063n/2460/004 -3-
187
APPROVED AS' TO FORM:
Zradlng,
5pecia C u sel,
Yocc Carlson & Rauth
- ' REVIEWED AND APPROVED AS TO FORM
Agency. Attorney
08/31/89
6063n/2460/004 -3- 187
Res. No. 1.$7
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
end day of October 19 89 , and that it was .so adopted
by the following vote:
AYES: Members:
MacAllister, Green, Winchell, Bannister, Mays. Silva, askinP
NOES: Members:
None
ABSENT: Members:
None
Clerk of the Redevelopment Agency of
the City of Huntington„Beach, Ca.