HomeMy WebLinkAboutCity Council - 2001-34 RESOLUTION NO. 2001-34
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF HUNTINGTON BEACH APPROVING A
DISPOSITION AND DEVELOPMENT AGREEMENT WITH
BOWEN COURT, L.P., FOR THE CONSTRUCTION OF
LOW COST HOUSING
WHEREAS,the Redevelopment Agency of the City of Huntington Beach(the "Agency")
is engaged in activities necessary to carry out and implement the Redevelopment Plan for the
Merged Redevelopment Project Areas of the City of Huntington Beach (collectively the
"Redevelopment Plan"); and
In order to carry out and implement the Redevelopment Plan, the Agency proposes to
enter into a Disposition and Development Agreement (the "Agreement") with Bowen Court,
L.P., (the "Developer"), which establishes terms and conditions for the construction of low-cost
housing(the "Project")by the Developer within the boundaries of the area set forth with
particularity in the Agreement(the"Site"); and
The Developer has submitted to the Agency and the City Council copies of said proposed
Agreement in a form desired by Developer; and
Pursuant to the California Community Redevelopment Law (California Health and Safety
Code, Section 33000 et seq.)the Agency and the City Council held a joint public hearing on the
Agreement, having duly published notice of such public hearing and having made copies of the
proposed Agreement and other reports and documents (including the summary referred to in
Section 33433) available for public inspection and copying; and
The City Council has duly considered all terms and conditions of the proposed
transaction, and believes that it is in the best interests of the Project area and the City and the
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health, safety, morals and welfare of its residents, and in accord with the public purposes and
provisions of applicable State and local law and requirements;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington
Beach as follows:
SECTION 1. The City Council hereby finds and determines that the consideration to be
paid by Developer for the purchase of the Site conveyed to it by the Agency is not less than the
fair reuse value at the uses and with the covenants and conditions and development costs
authorized by the sale.
SECTION 2. The City Council hereby finds and determines that the sale of the Site
within the Project area pursuant to the Agreement will assist in the elimination of blight, and
provide housing for low-income persons.
SECTION 3. The Agency hereby finds and determines that the sale of the Site pursuant
to the Agreement is consistent with the implementation plan adopted pursuant to Section 33490
of the Health and Safety Code.
SECTION 4. The proposed Agreement is hereby approved in substantially the form
presented at this meeting, with such minor changes as may be approved by the Executive
Director of the Agency with the approval as to form by the Agency General Counsel.
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PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a
regular meeting thereof held on the 4th of June, 2001.
Mayor
ATTEST- APPROVED AS TO FORM:
City Clerk City Attorney 1
REVIEWED AND APPROVED: INITIATED AND APPROVED:
City d-rninistrator D rector of Economic Development
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Res. No. 2001-34
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 4th
day of.dune, 2001 by the following vote:
AYES: Green, Boardman, Cook, Dettloff, Bauer
NOES: Julien Houchen
ABSENT: Garofalo
ABSTAIN: None
City Clerk and ex-officio C erk of the
City Council of the City of
Huntington Beach, California