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HomeMy WebLinkAboutCity Council - 2006-67 CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH RESOLUTION NO. 2 o o 6-6 7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH CONSENTING TO PAYMENT BY THE REDEVELOPMENT AGENCY OF A PORTION OF THE COSTS OF THE INSTALLATION AND CONSTRUCTION OF: (i) A REGIONAL TREATMENT SYSTEM;AND(ii)_THE EXTENSION OF PACIFIC VIEW AVENUE, APPROVING AN OWNER PARTICIPATION AGREEMENT AMONG THE CITY, THE AGENCY AND MAKALLON ATLANTA HUNTINGTON BEACH, LLC, AND MAKING CERTAIN DETERMINATIONS AND FINDINGS 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 ("Redevelopment Plan") for the Merged Redevelopment Project Area (the "Project Area") of the City of Huntington Beach; and In order to implement and further the goals and objectives of the Redevelopment Plan, the Agency, the City of Huntington Beach ("City") and Makallon Atlanta Huntington Beach, LLC ("Participant")have negotiated the terms of an Owner Participation Agreement(the"Agreement"). The Agreement provides, among other things, for Participant to design, develop, install and construct: (i) a Senior Center; (ii) a regional urban runoff treatment center for the First Street watershed storm flows ("Regional Treatment System"); and (iii) the extension of Pacific View Avenue from Huntington Street to First Street("Pacific View Avenue Extension"). The Regional Treatment System and the Pacific View Avenue Extension are collectively referred to herein as the "Public Improvements". The Agreement also provides that the Agency will reimburse Participant, subject to all of the terms and conditions of the Agreement, certain costs related to the Public Improvements. Also pursuant to the Agreement,the Participant will pay the Agency an affordable housing in-lieu fee and the Agency would cause to be developed a certain number of affordable housing units. The Agreement also provides for the termination of an existing agreement between the City and Participant's predecessor-in-interest to the site, Huntington Beach Company, entitled "Agreement between the City of Huntington Beach and the Huntington Beach Company Concerning Huntington Beach Company's Atlanta Avenue Site"dated as of December 15, 1986; and Pursuant to Section 33445(a) of the California Community Redevelopment Law(Health& Safety Code Section 33000 et seq.)("CRL"),the Agency may,with the consent of the City Council ("City Council")of the City,pay all or part of the value of the land for and the cost of the installation and construction of any facility, structure, or other improvements which is publicly owned either within or outside a project area, if the City Council makes certain determinations; and 1 Res . No . 2006-67 Pursuant to Sections 33421 and 33421.1 of the CRL, the Agency may cause, provide or undertake or make provision with other agencies for the installation, or construction of streets, utilities, parks, playgrounds, or other public improvements necessary for carrying out the Redevelopment Plan in the Project Area upon consent of the City Council; and The fulfillment generally of the Agreement is in the vital and best interests of the City and the health, safety, and welfare of its residents,and in accord with the public purposes and provisions of applicable federal, state and local laws and requirements; and It is in the best interests of the City and for the common benefit of residents, employees, business tenants and property owners within the Project Area and the City as a whole for the Public Improvements to be installed and constructed; and Since there are no other reasonable means available to the City to finance the installation and construction of the Public Improvements,the Agency proposes to reimburse Participant aportion of the cost of the installation and construction of the Public Improvements; and The Agency's agreement to pay part of the value of the cost of the installation and construction of the Public Improvements constitutes an indebtedness of the Agency for the purpose of carrying out the redevelopment for the Project Area; and The Public Improvements are of benefit to the Project Area and the immediate neighborhood in which the Public Improvements are located; and The provision of the Public Improvements is necessary to effectuate the purposes of the Redevelopment Plan; and All other legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, 13E IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH AS FOLLOWS: 1. The City Council hereby finds and determines that the foregoing recitals are true and correct. 2. Based on substantial evidence in the record, the City Council hereby finds and determines that: a. The construction and installation of the Public Improvements are necessary to effectuate the purposes of the Redevelopment Plan and are of benefit to the Project Area and the immediate neighborhood in which the Public Improvements are located. This determination is based, in part, on the fact that the construction and installation of the Public Improvements are in the 2 Res . No . 2006-67 best interests of the City and the health, safety, morals and welfare of its taxpayers, employees, business tenants, property owners and residents. In addition,the enumerated goals of the Five Year Implementation Plan include: (i)"[i]mprove public facilities and public infrastructure;"and(ii)"[i]mprove inadequate drainage infrastructure." Furthermore,the improvement of public infrastructure in the Project Area which addresses substandard and inadequate public improvements in the Project Area is a specific project listed in the Five Year Implementation Plan as "Public Improvements." Pursuant to the Five Year Implementation Plan,such project will address the following conditions of blight identified in the Project Area: age, obsolescence and deterioration and inadequate public improvements. b. No other reasonable means of financing the Public Improvements are available to the City. This determination is based,in part,on the fact that the City itself is not in a position to finance the Public Improvements. The City is having difficulty fully assuming the costs of anticipated and needed public capital improvements. Without the assistance of tax increment funding from the Proj ect Area,capital improvements in other parts of the City would have to be deferred or eliminated in order to fund the Public Improvements. Given the constraints on financing sources which are under the direction of the City, all anticipated and needed public capital improvements cannot be completed using only City funds. It is clear that there must be a combination of tax increment and non-tax increment funding. c. The payment of funds by the Agency for the costs related to the Public Improvements will assist in the elimination of one or more blighting conditions within the Project Area and is consistent with the Agency's Five- Year Implementation Plan for the Project Area. This determination is based, in part, on the information contained in paragraph a., above. 3. The City Council hereby consents to payment by the Agency for part of the cost of the installation and construction of the Public Improvements as provided in the Agreement. 4. The City Council hereby approves the Agreement in substantially the form presented to the City Council. The City Administrator is hereby authorized to execute the Agreement on behalf of the City, together with such non-substantive changes and amendments as may be approved by the City Administrator and City Attorney. Without the requirement of any further approval of the City Council, the City Administrator or designee is authorized to take any action and execute any and all documents and agreements necessary to implement the Agreement. 5. This Resolution shall take effect immediately upon its adoption. 3 Res . No . 2006-67 PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 16 t h day of October , 2006. Mayor REVIEWED AND APPROVED: APPROVED AS TO FORM: Ci Admi istrator jCittorney KANE, BALLMER&BERKMAAN Specia unsel A, INITIAT D APP ED: Director of E omic Development 4 Res. No. 2006-67 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L. FLYNN 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 16th day of October, 2006 by the following vote: AYES: Bohr, Green, Coerper, Sullivan, Hansen NOES: Hardy, Cook ABSENT: None ABSTAIN: None City Ork and ex-officio Clak of the City Council of the City of Huntington Beach, California