HomeMy WebLinkAboutCity Council - 6422 RESOLUTION NO. 6422
A RESOLUTION OF THE CITY OF HUNTINGTON BEACH
APPROVING THE LEASING OF REAL PROPERTY AND FINANCING
OF CONSTRUCTION OF PUBLIC IMPROVEMENTS PURSUANT TO
A SECOND AMENDMENT TO OWNER PARTICIPATION AGREEMENT BY AND
AMONG THE REDEVELOPMENT AGENCY OF THE CITY OF
HUNTINGTON BEACH AND ABDELMUTI DEVELOPMENT COMPANY
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 Second Amended
Participation Agreement (the "Agreement" ) with Abdelmuti
Development Company, a California general partnership (the
"Participant") , which Agreement provides for the acquisition
and imposition of certain portions of the Project Area situated
at the corner of Main Street and Pacific Coast Highway and the
provision of a commercial and/or residential use building 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,
- 1 --
detailed description of the provisions of the Agreement; and
The Agreement provides for the development of a commercial
and/or residential building 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 commercial and/or
residential building, which improvements are enumerated in the
Redevelopment Plan; and
The City Council 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 July
18, 1983, and January 21, 1992 .
NOW, THEREFORE, the City Council of the City of Huntington
Beach does hereby resolve as follows :
Section 1 . The City Council finds and determines that EIR
82-2 and EIR 89-6, as previously 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 City Council 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
2
6422
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 City Council further finds that the provision of
the public improvements, as provided for in the Agreement, are of
benefit to the project area and 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 City Council hereby approves the Agreement
and all of its provisions, including without limitation, the
attachments thereto and authorizes the Mayor and the City
Administrator to execute all documents referenced in the
Agreement and necessary to effectuate the provisions of the
Agreement.
PASSED AND ADOPTED this 31st day of August
1992.
Mayor
ATTFO: APPROVED AS TO FORM:
City Clerk *'-v-City Attorney
REVIEWED AND ROVED: INITIATED AND APPROVED:
AN
ac
i f y Adminis ra or / Director of Economic Development
3
6422
Reso No. 6422
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
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 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 31st day of August 1992, by the following
vote:
AYES: Councilmembers :
Robitaille, Moulton-Patterson, winchell. Silva, Green, MacAllister, Kelly
NOES: Councilmembers :
Ns7ne— _
ABSENT: Councilmembers:
G�dt�G•
City Clerk and ex-off io Clerk
of the City Council of the City
of Huntington Beach, California
4