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HomeMy WebLinkAboutCity Council - 6357 RESOLUTION NO. 6357 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH CONSENTING TO THE APPROVAL OF A THIRD AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, ROBERT L. MAYER, AS TRUSTEE OF THE ROBERT L. MAYER TRUST OF 1982, DATED DUNE 22, 1982, AS AMENDED, AND WATERFRONT CONSTRUCTION NO. 1, A CALIFORNIA LIMITED PARTNERSHIP, AND MAKING OTHER FINDINGS WHEREAS, the Redevelopment Agency of the City of Huntington Beach (hereinafter referred to as the "Agency") under the provision of the California Community Redevelopment Law, is engaged in activities necessary for the execution of the Redevelopment Plan for the Main Pier Redevelopment Project Area (the "Project Area") ; and On or about August 15, 1188, the Agency and Robert L. Mayer, as Trustee of the Robert L. Mayer Trust of 1982, dated June 22, 1982, as amended (the "Developer") , entered into a Disposition and Development Agreement (the "Original DDA" ) for the development of certain property in the Project Area (the "Site") , all as described in the Original DDA; and On or about April 10, 1989, Developer, Waterfront Construction No. 1, a California limited partnership ("Waterfront") , and certain affiliated entities entered into an Assignment and Assumption Agreement pursuant to which Developer assigned to Waterfront and Waterfront assumed (through a series of assignments to the affiliated entities) all of Developer' s right, title, and interest in and to that portion of the Site - 1 - described in the Original DDA as "Separate Development Parcel No. 1" ; and On or about June 17, 1991, the Agency and Developer entered into a First Amendment to Disposition and Development Agreement (the "First Amendment") ; and Waterfront has executed a document consenting to the First Amendment; and On or about August 1, 1991, the Agency, Developer, and Waterfront entered into a Second Amendment to Disposition and Development Agreement (the "Second Amendment" ) (the Original DDA, the First Amendment, and the Second Amendment being collectively referred to herein as the "Existing DDA") ; and The Developer and Waterfront have submitted to the Agency and the City Council of the City of Huntington Beach copies of a proposed Third Amendment to Disposition and Development Agreement (the "Third Amendment") in a form executed by the Developer; and The Agency and the City Council of the City of Huntington Beach have conducted a duly noticed joint public hearing regarding the proposed Third Amendment in accordance with California Health and Safety Code Sections 33431 and 33433 ; and The Section 33433 report pertaining to the Third Amendment has been on display prior to the joint public hearing in accordance with Section 33433 of the California Health and Safety Code; and - 2 - 6357 The City has duly considered the proposed Third Amendment and believes that the terms and conditions set forth therein are in the best interests of the City of Huntington Beach and the health, safety and welfare of its residents, and in accord with the public purposes and provisions of applicable state and local law and requirements; and The City has received and considered the report of the Agency staff on the proposed Third Amendment. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington Beach as follows : Section 1: The City approves the Third Amendment and consents to the Agency' s execution thereof . The Mayor and the City Administrator are authorized and directed to execute such documents as may be necessary and proper to implement the Third Amendment. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 16th day of March 1992 . Mayor ATTEST: APPROVED AS TO FORM: ILI City Clerk City Attorney Y-�v REVIEWED AND APPROVED: INITIATED AND APPROVED: 31 i y Administrator Director of Economies c Development - 3 - 6357 Res. No. 6357 STATE OF CALIFORNIA COUNTY OF ORANGE ss: CITY OF HUNTINGTON BEACH ) I, CONNIE BROCKWAY, 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 at least a majority of all the members of said City Council at a regular meeting thereof held on the 16th day of March 19 92 , by the following vote: AYES: Councilmembers: - Kel y NOES: Councilmembers: None _ ABSENT: Councilmembers: None City- er an ex-officioOlerk of the City Council of the City of Huntington Beach, California