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HomeMy WebLinkAboutCity Council - 2003-24 RESOLUTION NO. 2003-24 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH APPROVING THE SALE OF PROPERTY LOCATED WITHIN THE HUNTINGTON BEACH REDEVELOPMENT PROJECT AREA 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 _y Pursuant to the California Community Redevelopment Law(California Health and Safety Code, Section 33000 et seq.), the Agency acquired real property located at 438 Main Street, Huntington Beach, which is located in the Redevelopment Project Area, Main-Pier sub area; and The real property consists of a 5,750 square foot parcel and includes a commercial two- story office building of approximately 4,250 square feet, and is legally described as Assessor's Parcel Number 24-134-02 (hereafter, the "Property"); and The Agency purchased the Property in anticipation of acquiring adjacent parcels for a larger redevelopment site. However, as a result of the pattern of land use and private redevelopment activities, including the development of new homes in the vicinity, the Agency has determined that acquiring adjacent parcels is no longer feasible; and In order to carry out and implement the Redevelopment Plan, the Agency proposes to enter into a Sale Agreement(the "Agreement")for the Property; and Pursuant to the California Community Redevelopment Law(California Health and Safety Code, Section 33433) 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 Report required by Section 33433) available for public inspection and copying; and The Agency has duly considered all terms and conditions of the proposed transaction and believes that it is consistent with the Redevelopment Plan, will assist in eliminating blight in the Redevelopment Project area, is in the best interests of the Redevelopment Project area,the City and the health, safety, morals and welfare of its residents, and is 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 for the purchase of the Property conveyed to it by the Redevelopment Agency is not less than the fair reuse value at the uses and with the covenants and conditions and development authorized by the sale. g/03reso/cc saieJ3/25/03 1 Resolution No. 2003-24 SECTION 2. The City Council hereby finds and determines that the sale of the Property within the Project area pursuant to the Agreement will assist in the elimination of blight. SECTION 3. The City Council hereby finds and determines that the sale of the Property pursuant to the Agreement is consistent with the implementation plan adopted pursuant to Section 33490 of the Health and Safety Code. SECTION 4. The Sale 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 City Attorney. SECTION S. The Summary Report prepared pursuant to Section 33433 is hereby adopted. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 7th day of April ,2002,2003. &*� 34214a0te Mayor ATTEST: APPROVED AS TO FORM: n City Clerk (�tity Atto ey1S1U3 �03 REVIEWED AND APPROVED: INITIATED AND APPROVED: A ,/ City Admidstrator Director of Economic evelopment E g/03reso/cc safe/3/25/03 2 Res. No. 2003-24 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 an regular meeting thereof held on the 7th day of April 2003 by the following vote: AYES: Coerper, Green, Boardman, Cook, Houchen, Hardy NOES: None ABSENT: Sullivan ABSTAIN: None City Clerk and ex-officio derk of the City Council of the City of Huntington Beach, California