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HomeMy WebLinkAboutTransfer of Agency and City Properties Main-Pier - Yorktown HCITY OF HUNTINGTON BEACH INTER-DEPARTMENT COMMUNICATION HUNTINGTON BEACH w e» ,le To: Barbara Kaiser, Economic Development Director Carol Runzel,Development Specialist FROM: Connie Brockway, City Clerk C-6 SUBJECT: Agenda Items of 12/6/93 -D-4 (attached) DATE: April 12, 1994 Attached are a original deeds provided to the City Clerk's Office from your department. These deeds were transmitted without any relative information;however,we believe they pertain to the above referenced agenda item. If this is the case,please assist the City Clerk's Office by associating the deed A.P. numbers with the action taken by Council. Also referencing the map on the deed as an exhibit will be necessary. cbmem5kc REVISED PAGE 12/2/93 Page-6-Council/Agency Agenda- 12/6/93 (6) D-4. (City CouncillRedevelo m ntAgency)JOINT PUBLIC HEARING -DISPOSITION OF REAL PROPERTY FROM THE HUNTINGTON BEACH REDEVELOPMENT AGENCY TO THE CITY OF HUNTINGTON BEACH AND FROM THE CITY TO THE REDEVELOPMENT AGENCY (650,20) Staff report prepared by Economic Development Joint public hearing pursuant to the requirements of Section 33433 of the California Health and Safety Code for the purpose of transferring title of several of the Redevelopment Agency parcels located in the Main-Pier and Yorktown-Lake project areas to the City. The Main-Pier parcel is a public walk-through, the Yorktown-Lake parcels are Civic Center Parking areas. The joint public hearing is also held for the purpose of transferring city- owned parcels in Emerald Cove(Talbert-Beach Project Areal to the Redevelopment Agency. RECOMMENDED ACTION: 11. Conduct a public hearing. A�PrO�E� 7� ` AN2 2. Adopt Agency Resolution No.247 to transfer the Public walk-through, 1trIMIS AP#024-147-33, to the'City for the acquisition and public improvement costs of $306,000.83, crediting the program income to the Main-Pier Project Area. - "RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE C13Y OF HUNTINQTON BEACH APPROVING THE CONVEYANCE OF REAL PROPERTY ON BLOCK 204 BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AND THE CITY OF HUNTINGTON BEACH." AM Adopt Council Resolution No.6550-"RESOLUTION OF THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF REAL PROPERTY ON BLOCK 204 FROM THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH TO THE CITY OF HUNTINGTON BEACH." AND �,51 3. Adopt Agen-cyB. .esolution No.14`t3'to transfer from the Agency to the City of Huntington Beach the Civic Center Parking Lot parcels,AP#023-041-06 and AP.#013-041-04 (a portion)for the acquisition and public improvement costs of $765,421 with the program income credited to Yorktown Lake Project Area. - "RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF A PORTION OF THE CIVIC CENTER PARKING LOT BETWEEN THE REDEVELOPMENI AGENCY OF THE CITY OF HUNTINGTON BEACH AND THE CITY OF HUNTINGTON BEACH." AM Adopt Council Resolution No. 6551 -"RESOLUTION OF THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF A PORTION OF THE CIVIC CENTER PARKING LOT FROM THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH TO THE CITY OF HUNTINGTON BEACH." AM a5� 4. Adopt Agency Resolution No.A149-"A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH ACCEPTING CONVEYANCE OF PARCELS WITHIN EMERALD COVE FROM y� THE CITY OF HUNTINGTON BEACH." (6) Page-V-Council/Agency Agenda- 12/6/93 AM Adopt Resolution No.6552 to transfer from the City to the Agency theEmeraid Cove Parcels, 159-141-01,02,03. (No costs involved.)-"A RESOLUTION OF THE CITY OF HUNTINGTON BEACH CONVEYING PARCELS WITHIN EMERALD COVE TOT E REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH."_(Talbert Beach Project Area) AND . S. Approve the Redevelopment Agency program income occasioned by the sale of the Public Walk Through(Main-Pier)and the Civic Center Parking Parcels(Yorktown Lake)be used as payment of$1,071,421.83 towards its Main-Pier debt. J RECORDING REQUESTED BY CITY OF HUNTINGTON BEACH 4 And when recorded mail to City Clerk City of Huntington Beach P.0.Box 190 Huntington Beach,California 92648 Space above this line for Recorder's use A.P. #024-147-34 EASEMENT DEED The undersigned grantor(s)declare(s): Uoctuneulary treader tax is: ( ) computed on full value of property conveyed,or ( ) computed oa full value less value of liens and eaa®braaea retaliating at#me of ale. ( ) Unincorporated area: ( ) City of and FOR A VALUABLE CONSIDERATION,receipt of which is hereby acknowledged, REDEVELOPMENT AGENCY OF HUNTINGTON BEACH do hereby GRANT to the CITY OF HUNTINGTON BEACH,a municipal corporation,a perpetual easement and right of way for Public Street and�ub l' u�il'�yy purposes.in, on,over, under and across all that real property in the CITY OF HUN'it GTON BEACH,.County of Orange, State of California,described as follows: The southeasterly 2.50 feet of lot 14 together with the southeasterly 2.50 feet of lot 16 of block 204 of map of Huntington Beach, in the City of Huntington Beach, County of Orange, State of California, as shown on a map recorded in book 3, page 36 of Miscellaneous Maps in the Office of County recorder of said County. ! 1 APPROVED AS TO FOR'�I': L{/ GAIL HUTTCti, City Attorney By:. Deputy City Attorney HUNTINGTON BEACH REDEVELOPMENT AGENCY Dated 1 Linda Moulton—Patterson, Chairman STATE OF CALIFORNIA COUNTY OF On before ma,the undersigned,a Notary Public in and for said State,par• Connie Brockway, .... sonally appeared Agency Clerk personally known to me for proved to nm on the bads of aatialmory evidence) to be the person(s)whoa name(&) Is/ars subscribed to the within Instrument and acknowledged to no that he/aha/thry executed the ama. WITNESS my hand and official seal. Sipnature (T>td area for official notarial sal) /(Jol, :J 4 n� V SBE/50-30-22.-/ / IS S 19 / 9 9 / o ' 4i LL N '4 C 17 1 6 5 _. E 4 3 h h 2111 /S 4.VTi�/TT o 75� 111.50' / 777-3 bay 28 27 " 1 2� z o -- /o 2 J, `- LSE — 35 24 ;�Tw (l .� Y — — 3 29 .. ._ ' 22 3 4 2� aS4 9 `c 20 /9 31 5 4 /718,15f47) 15 � o 25) 8 /�t- 9 12 14 U? � 5 , 8 �/0 9 /0 ti n B'_ V27 �� 9) 9 W14 Z NZI T A VZ NUE NO rE _ A SSESSOR 5 BLOCK c � r-, . , , I 1 ! r- ,- r, r RECORDING REQUESTED BY v CITY OF HUNTINGTON BEACH And when recorded mail to City Clerk City of Huntington Beach P.O.Box 190 Huntington Beach,California 92648 Space above this line for Recorder's use A.P. #024-147-31 EASEMENT DEED The undersigned grantor(a)declare(a) Documentary transfer tax is S ( ) computed on full value of property conveyed,or ( ) computed on full value leas value of liens and encumbrances remaining at time of sale. ( ) Unincorporated area: ( ) City of and FOR A VALUABLE CONSIDERATION,receipt of which is hereby acknowledged, CITY OF HUNIINGTON BEAM, A MUNICIPAL CORPORATION. do hereby GRANT to the CITY OF HUNTINGTON BEACH,a municipal corporation,a perpetual easement and right of way for public street and public utility purposes in, on, over,under and. across all that real property in the CITY OF HUNTINGTON BEACH, County of Orange, State of California,described as follows: The northwesterly 2.50 feet of Lot 19, together with the northwesterly 2.50 feet of the. southwesterly 0.54 feet of Lot 21 of Block 204 of map of�•Huntington Beach, in the City of Huntington Beach, County of Orange, State of California, as shown on a map recorded in Book 3, Page 36 of Miscellaneous Maps in-the Office of the County recorder of said County. AND THE SOUIR&ASTERLY 4.00 FEET OF LOT 19, TOGETHER WITH THE SWIlMASTERLY 4.00 FEET OF THE SOUIfiwwra LY 0.54 FEET OF LOT 21 OF BLOCK 204 OF MAP OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFOMIA, AS SHOWN ON A MAP RECDRDED IN BOOK 3, PAGE 36 OF MISCELLANEOUS MAPS IN THE OFFICE OF CDiUN RECORDER OF SAIJ COUNTY. 9 APPROVED hS�R4i: GAIL IfUTTON, City Attorney By:, Deputy City Attorney, CITY OF HUNTINGTON BEACH Dated STATE OF CALIFORNIA jp, Mayor, City of Huntington Beach COUNTY OF 1 On before me,the undersigned,a Notary Public in and for said State,pa- City Clerk, Huntington B e a c h sonally appeared . personally known to me(or proved to me on the bob of satisfactory eWdenal to be the person(af whose name(af bare subscribed to the within instrument and acknowledged to no that he/she/they executed the same. WITNESS my hand and official seal. Signature (Thb area for official notarial seal) I _S /6 /6 20 h / / SBE150-30-22-1 / 8 S 19 / 9 9 o 10 4 iy - -- 7 17 6 . 5 6 4 3 4 ti h 2 /OT.5' /S //75' �' /17-5` Il WMME 5' a2.5o' i 6n 28 27 ' H " r28 102J, 26 75 26/07.3' 352434 - —- 22 _ _ 32 . _ o.s4" 4 22 ` 20 9 '� ` _ 5. ld 4/7 (14) /8 / < </5 (15) 7 r 1 aC 3.37 / 5 a� 8 14 ((? ti 5 /0 9 38 (9)„s A ,/7.$ n3o :tL-19 -N� 7 n37 8 9 6 8 h 3° 9 9 �3 6 o , . 4 T. N C90` N 6' , ,� l 27 , .5' � 9.s' ^ 2 /. . W14 Z NZI T A W NUE _ No rE A ssEssoR's BLOCK 8 A i PARCEL NUMBERS B IC RECORDING REQUESTED BY CITY OF HUNTINGTON BEACH And when recorded mail to City Clerk City of Huntington Beach P.0.Box 190 Huntington Beach,California 92648 Space above this line for Recorder's use A.P. #024-147-33 EASEMENT DEED The undersigned grantor(a)declare(a) Documentary transfer tax Is= ( ) computed on full value of property conveyed,or ( ) computed on full value lees value of liens and encumbrances remaining at time of sale. ( ) Unincorporated area: ( ) City of and FOR A VALUABLE CONSIDERATION,receipt of which is hereby acknowledged, HUNTINGTON BEACH REDEVELOPMENT AGENCY, A PUBLIC BODY, CORPORATE AND POLITIC. do hereby GRANT to the CITY OF HUNTINGTON BEACH,a municipal corporation,a perpetual easement and right of way for public street and public utility purposes in, on, over,under and across all that real property in the CITY OF HUNTINGTON BEACH, County of Orange, State of California,described as follows: The southeasterly 2.50 feet of Lot 12 of Block 204 of map of Huntington Beach, in the City of Huntington Beach, County of Orange, State of California, as shown on a map recorded in Book 3, Page 36 of Miscellaneous Maps in the Office of the County recorder of said County. APPROV PD AS TO FOHAf:• G9IL IiUTTO1•I, City Attorna� By:; Deputy City dttorney HUNTINGTON BEACH REDEVELOPMENT AGENCY Dated STATE OF CALIFORNIA j a, Chairman, H.B. Redevelopment Agency COUNTY OF— before me,the undersigned,a Notary Public in and for said State,per. Clerk, H.B. Redevelopment Agency sonally appeared personally known to me(or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same. WITNESS my hand and official seal. - - Signature (Itis area for official notarial seal) 18 /7 18 • . .. � /6 _ /6 20 / /3 / y (9) N 4 9 7 , 17 6 . 5 I I 6 4 3 4 o7 5' OZAT 14VS1VME a1.3o' i .CS 28 27 28 , so' " Io7.J, 26 2 26 3 35 24 " A 3 24 22 _ 32 . o•s4 4 22 _ 20 /9 _ �51 4/7 i4 /8 15 I� / I �/.5� / 7 W o � 25 ' S. al 14 V) ti 5 /0 917. „s �o 01 ,i7.S N 3437 8 t 9 6 8 h 3o Q jE 4 /5 / 27 / .5 7.5 '� 2 // . WALNUT AWNUE NO TF. -- ASSESSOR'S BLOCK 8 A 5 r - - RESOLUTION NO. 248 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH APPROVING AND AUTHORIZING EXECUTION AND DELIVERY OF FINANCING AGREEMENT WITH RESPECT TO CIVIC CENTER IMPROVEMENTS BETWEEN THE AGENCY AND THE CITY OF HUNTINGTON BEACH, AND MAKING FINDINGS WITH RESPECT THERETO WHEREAS, the City of Huntington Beach (the "City") is considering undertaking certain improvements to the existing civic center of the City, including but not limited to additional office space, additional meeting space, expanded police facilities and parking facilities (the "Civic Center Improvements"); and The existing civic center of the City is owned by the City of Huntington Beach Civic Improvements Corporation (the "Corporation") and is leased by the Corporation to the City, and it is the intention of the City and the Agency that the financing of the Civic Center Improvements will be accomplished through a lease-purchase financing vehicle whereby the City agrees to make periodic lease payments from the General Fund of the City which support payment of debt service on the obligations which are issued to finance the Civic Center Improvements; and The Redevelopment Agency of the City of Huntington Beach (the "Agency") currently administers a redevelopment project in the City of Huntington Beach known as the Yorktown-Lake Redevelopment Project Area (the 'Redevelopment Project"), and the Agency is permitted under the laws of the State of California and under the redevelopment plan for the Redevelopment Project to apply the tax increment revenues from the Redevelopment Project to reimburse the City for the lease payments relating to the Civic Center Improvements; and The City and the Agency have proposed to enter into that certain Financing Agreement with Respect to Civic Center Improvements (the "Financing Agreement') for the purpose of formally obligating the City to proceed with the development and 1 7/cltycck/12/10/93 • c financing plan for the Civic Center Improvements and obligating the Agency to apply tax increment revenues from the Redevelopment Project for the purpose of reimbursing the City for its lease payments relating thereto; and The City Council has conducted a public hearing, at which all interested persons were given an opportunity to be heard, on the Financing Agreement and the financial obligations of the Agency thereunder, in accordance with Section 33679 of the Health and Safety Code of the State of California; NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of Huntington Beach as follows: Section 1. Findings and Determinations. The Agency hereby finds and determines, in accordance with Section 33445 of the Health and Safety Code of the State of California, that (a) the buildings, facilities, i structures and other improvements which constitute and which will constitute the Civic { Center Improvements are of benefit to the Redevelopment Project, and (b) there are no reasonable means available to the City of financing such buildings, facilities, structures and other improvements, other than from the tax increment revenues derived from the Redevelopment Project in accordance with the Financing Agreement. The Agency further finds and determines that the acquisition and construction of each item of the Civic Center Improvements are provided for in the Redevelopment Plan. Section 2. Approval of Financing Agreement. The Agency hereby approves the Financing Agreement in substantially the form on file with the Secretary of the Agency together with any immaterial changes therein or additions thereto deemed advisable by the Executive Director and approved by the Agency Attorney. The Agency hereby authorizes and directs the Chairman and the Executive Director to execute, and the Secretary of the Agency to attest and affix the seal of the Agency to, said form of the Financing Agreement for and in the name of the Agency. 2 7/cicycck/12/10/93 248 y Section 3. Effective Date. This Resolution shall take effect from and after the date of its passage and adoption. PASSED AND ADOPTED by the Redevelopment Agency of the City of Huntington Beach at a regular meeting thereof held on the 20th day of December, 1993. Chairman ATTEST: APPROVED AS TO FORM: Agency Secretary ILA ��lc Attorney l2�(� !ti--! REVIEWED AND APPROVED: INITIATED AND APPROVED: xecutive Dii4cit6K Director of Economic Development j I 3 7/cirycck/12/10/93 248 Res. No. 248 STATE OF CALn?oRm ) COUNTY OF ORANGE ) CITY OF HUNTTINGTCN BEACH) I, CMUZ BROaKWAY, Clerk of the Redevelopment Agency of the City of Huntington Beach, California, DO HERESY CERTIFY that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Huntington Beach at a meeting of said Redevelopment Agency held on the 20th day of December , 19 93, and that it was so adopted by the following vote: AYES: Members: Silva, Bauer, Robitaille, Moulton-Patterson, Winchell , Leipzig, Sullivan NOES: Members: None ABSENT: Members: None Clerk of the Redevelopment gjarpy of the City of Huntirr4ton'Beach, Ca. 248 RESOLUTION NO. 6550 RESOLUTION OF THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF REAL PROPERTY ON BLOCK 204 FROM THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH TO THE CITY OF HUNTINGTON BEACH 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 disposition of real property for repayment of Agency debt; and The disposition was found to be in conformance with the General Plan on July 20, 1993; and The Agency and the City Council of the City of Huntington Beach ("City Council") have conducted a duly noticed joint public hearing regarding the I proposed transaction in accordance with California Health and Safety Code Sections 33431 and 33433; and The staff report pertaining to the property disposition which has been on display prior to the joint public hearing in accordance with Section 33433 of the California Health and Safety Code, contains a detailed description of the transaction; and The acquisition of the Agency's property by the City will facilitate redevelopment efforts within the Main-Pier Redevelopment Project Area. NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve as follows: Section 1, The City of Huntington Beach hereby approves the transfer of the property identified by Assessor's Parcel number 024-147-33, Lot#11, Block 204 in the Huntington Beach tract recorded in Book 3 of the Miscellaneous Maps y of Orange County, located generally between Main, 5th, Walnut and Olive Streets, in the City of Huntington Beach, from the Agency to the City. Section 2, The City Council of the City of Huntington Beach finds and determines, based upon the testimony and information presented during the public hearing with respect to the disposition that the consideration for the real property to be transferred to the City by Deed constitutes 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 previously established. The City Council further finds that the disposition is necesary to effectuate the purpose of the Redevelopment Plan applicable to the Project Area. Section 3. Pursuant to Section 15326 of the Guidelines to the California Environmental Quality Act, the transfer is categorically exempt under CEQA. PASSED AND ADOPTED THIS 6th day of December ,1993 . Mayor ATTEST: APPROVED AS TO FORM: City Clerk City Attorney REVIEWED AND APPROVED: INITIATED AND APPROVED: i Admmis ra Director of Economic Development 2 7/transfer/12/28/93 6550 Res. No. 6550 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 6th day of December , 19_93 ., by the following vote: AYES: Councilmembers: Silva, Bauer. Pobit-aille. Moulton-Patterson, Winchell , Leipzig, Sullivan NOES: Councilmembers: None ABSENT: Councilmembers: None Lity Cler an ex-officio MR of the City Council of the' City of Huntington Beach, California RESOLUTION NO. 247 RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF REAL PROPERTY ON BLOCK 204 BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AND THE CITY OF HUNTINGTON BEACH 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 disposition of real property for repayment of Agency debt; and The disposition was found to be in conformance with the General Plan on July 20, 1993; and The Agency and the City Council of the City of Huntington Beach ("City Council") have conducted a duly noticed joint public hearing regarding the proposed transaction in accordance with California Health and Safety Code Sections 33431 and 33433,• and The staff report pertaining to the property disposition which has been on display prior to the joint public hearing in accordance with Section 33433 of the California Health and Safety Code, contains a detailed description of the transaction; and The acquisition of the Agency's property by the City will facilitate redevelopment efforts within the Main-Pier Redevelopment Project Area. NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach does hereby resolve as follows: Section 1. The Agency hereby approves the transfer of the property identified by Assessor's Parcel number 024-147-33, Lot#/J, Block 204 in the Huntington Beach tract recorded in Book 3 of the Miscellaneous Maps of Orange County, located generally between Main, Sth, Walnut and Olive Streets, in the City of Huntington.Beach, from the Agency to the City. Section 2. The Redevelopment Agency finds and determines, based upon the testimony and information presented during the public hearing with respect to the disposition that the consideration for the real property to be transferred to the City by Deed constitutes 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 previously established. The Redevelopment Agency further finds that the disposition is necesary to effectuate the purpose of the Redevelopment Plan applicable to the Project Area. Section 3. Pursuant to Section IS 326 of the Guidelines to the California Environmental Quality Act, the transfer is categorically exempt under CEQA. Section 4. The Agency hereby authorizes the Chairman or the Executive ' Director to execute all documents necessary to effectuate the transfer. PASSED AND ADOPTED THIS fth day of December , 1993 . Chairman ATTEST: . APPROVED AS TO FORM: ,q3 Agency Clerk A, er�c�r�C tinsel REVIEWED ANDAPPROVED: INITIATED AND APPROVED: xecutive ec r Director of Economic Development f 2 7/transfer/11/10/93 247 Res. No. 247 SPATE OF CALIFC[NU ) C0UNfl'Y OF ORANGE ) CITY OF HONTIIVTON BEACH) I, CMUZ BFCCIDIAY, Clerk of the Redevelopment Agency of the City of Hmmtington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of H�uYtington Beach at a meeting of said Redevelopment Agency held on the 6th day of December , 1993 , and that it was so adopted by the following vote: AYES: Members: Silva, Bauer, Robitaille, Moulton-Patterson, winchell,Leipzig, Sullivan Nam: Members: None ABSEW: Members: None Clerk of the Itea of the City of EfLmLingbm Bead, Ca. r REQUEST FOR CITY COUNCIL/REDEVELOPMENT AGENCY ACTION ED 93-42 \ Date: December 6, 1993 Submitted to: Mayor/Honorable Chairman and Council Members/Redevelopment Agency Members Submitted by: Michael T. Uberuaga, City Administrator/Executive Directoi;D�t L-`-� Prepared by: Barbara A. Kaiser, Deputy City Administrator/Economic " Development Subject: TRANSFER OF AGENCY AND CITY PROPERTIES C??yJ MAIN-PIER, YORKTOWN LAKE & TALBERT BEA H �`� PROPERTIES Consistent with Council/Agency policy? M Yes I I New Policy or Exception Statement of Issue,Recommended Agency Action,Analysis,Funding Source,Alternative Actions,Attachments Statement of Issue: The Redevelopment Agency completed public improvement projects on several downtown and Civic Center`parcels which need to be transferred to the City. The Redevelopment Agency is requesting payment for the acquisition and public improvements costs and may use this program income to repay Agency debt. Additionally, three Emerald Cove parcels need to be transferred to the Redevelopment Agency from the City. Per California Health and Safety Code 33433, the Agency is required to hold a public hearing when disposing of property acquired with tax increment. Recommended Agency Actions: S 1 . Hold the Public Hearing �P 2. Approve Resolution 14-7 to transfer the Public walk-through, AP #024-147-331 to the City for the acquisition and public improvement costs of $306,000.83 crediting the program income to the Main-Pier Project Area. •,��- 3. Approve ResoTution Ay8 to transfer from the Agency to the City of Huntington I �" Beach the Civic Center Parking Lot parcels, AP #023-041-06 and AP #013-041 04 (a portion) for the acquisition and public improvement costs of $765,421 with the program income credi orktown Lake Project Area. 6 ssa n � 4. Approve Resolution to tran r fro the City to the Agency the Emerald Cove Parcels, 159-141-01,. , o costs involved.) 5. Approve the Redevelopment Agency program income occasioned by the sale of the Public Walk Through (Main-Pier) and the Civic Center Parking Parcels (Yorktown Lake) be used as payment of $1,071,421 .83 towards its Main-Pier debt. Analysis: The Redevelopment Agency completed public improvement projects on several parcels which need to be transferred to the City of Huntington Beach. The Planning Commission determined that these transfers are in conformance with the General Plan on July 20, 1993 (General Plan Conformance. No. 93-5 & No. 93-6). DOWNTOWN PARCEL: The public walk though leading from the alley to Fifth Street in Block 204 (AP #024-147-33) was acquired by the Redevelopment Agency on a willing seller basis for $125,783 in 1988. Again, using the same interest rates the City charges the Agency on land debt, the acquisition value is now $197,000.83 ($71,217.83 is increased value due to imputed interest). As part of the Second Block alley and street improvement project $109,000 was spent on demolition, design, and construction of the public walk through which features a fountain, benches, paving and landscaping. This parcel will continue in public use and no further redevelopment activities are anticipated on this site. The Agency will receive $306,000.83 in program income from the sale and shall apply the revenue to reduce its Main-Pier debt by $306,000.83. It should be noted that the transfer of property is based upon actual costs incurred in property acquisition and development and is not based on current market value typical of private exchange of property. CIVIC CENTER PARCELS: 1 . In November 1991 the Redevelopment Agency acquired the Civic Center parking.lot parcel AP #023-041-06, a .770 net acre parcel valued at $671,000, in a property exchange agreement with Pacific Coast Homes. The City had sold its 0.281 net acre parcel valued at $245,000 to the Agency and has charged the Agency interest of $29,547.00 on the land. The Agency subsequently exchanged this parcel plus the monetary consideration of a $426,000 promissory note at 10% interest per annum -- a total accrued interest of $64,874. Other than the acquisition, the Redevelopment Agency did not participate in the parking lot expansion project. The City will purchase the parcel from the Agency and reimburse the Agency for imputed interest costs and public improvement costs, totaling $765,421 .00. The Agency will then use this program income in the Yorktown-Lake Project area and transfer it to the Main-Pier Project Area which can use the revenue to repay debt. It should be noted that the transfer of property is based upon actual costs incurred in property acquisition and development and is not based on current market value typical of private exchange of property. 2. In November 1991, a remnant Civic Center parking lot parcel (AP #013-041-04, a portion) was granted from Pacific Coast Homes to the City for no paymQnt; however, the parcel was titled to the Redevelopment Agency in error. Staff recommends that this parcel be transferred to the City of.Huntington Beach. The Redevelopment Agency will not receive any consideration for this transfer. �/ 2 EMERALD COVE PARCELS: All Emerald Cove property except for three parcels, AP #159-141-01, 02, & 03, are held in fee by the Redevelopment Agency and were acquired in 1983. By Agency Resolution No. 56, the acquisition of these three parcels was approved through a resolution of necessity and the parcels were subsequently titled to the City in error. As a correction, staff requests that these parcels be titled to the Redevelopment Agency. The parcels were acquired through redevelopment financing; therefore, the Redevelopment Agency will not incur additional debt through the transfer of these properties. DEBT REDUCTION SUMMARY: The Main-Pier debt reduction of $1,071,421.83 will be achieved by expending program income from the following property transfers and reimbursement costs: Public Walk Through $306,000.83 Civic Center Parcel $765,421.00 Total $1,071,421.83 The Main-Pier repayment of debt of $1,071,421.83 shall be credited in the FY 93- 94 Operative Agreement between the Redevelopment Agency and the City. As required by California Health and Safety Code 33433, a notice of the time and place of this hearing was published for at least two successive weeks prior to this date. The 33433 report was available at the time of first publication and is attached to this report as required. Funding Source: Not applicable. Alternative Actions: 1 . Do not approve the Resolutions attached. 2. Do not approve repayment of Agency debt. 3 � T , Attachments: 1 . Resolution Public Walk Through 2. Resolution ate, Civic Center Parking Lot Parcels 3. Resolution (pgo , Emerald Cove Parcels 4. Deeds: a. AP #024-147-33, Public Walk Through b. AP #023-041-06, Civic Center Parking Lot c. AP #013-041-04 (a portion), Civic_ Center Parking Lot d. AP #159-141-01,02,03, Emerald Cove Residential 5. 33433 Reports 6. Resolution No. 56, Emerald Cove Parcels 7. Summary of Agency Debt, June 30, 1993 8. Evaluation Summary v\ 4 RESOLUTION NO. � RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF REAL PROPERTY BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AND THE CITY OF HUNTINGTON BEACH 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 disposition of real property for repayment of Agency debt; and The disposition was found to be in conformance with the General Plan on July 20, 1993; and The Agency and the City Council of the City of Huntington Beach ("City Council") have conducted a duly noticed joint public hearing regarding the proposed transaction in accordance with California Health and Safety Code Sections 33431 and 33433; and The staff report pertaining to the property disposition which has been on display prior to the joint public hearing in accordance with Section 33433 of the California Health and Safety Code, contains a detailed description of the transaction; and The acquisition of the Agency's property by the City will facilitate redevelopment efforts within the Main-Pier Redevelopment Project Area. NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach does hereby resolve as follows: Section 1• The Agency hereby approves the transfer of the property Identified by Assessor's Parcel number 024-147-33, Lot#iz , Block 204 in the Huntington Beach tract recorded in Book 3 of the Miscellaneous Maps of Orange County, located generally between Main, 5th, Walnut and Olive Streets, in the City . of Huntington Beach, from the Agency to the City. Section 2. The Redevelopment Agency finds and determines, based upon the testimony and information presented during the public hearing with respect to the disposition that the consideration for the real property to be transferred to the City by Deed constitutes 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 previously established. The Redevelopment Agency further finds that the disposition is necesary to effectuate the purpose of the Redevelopment Plan applicable to the Project Area. Section 3. Pursuant to Section 15326 of the Guidelines to the California Environmental Quality Act, the transfer is categorically exempt under CEQA. Section 4. The Agency hereby authorizes the Chairman or the Executive Director to execute all documents necessary to effectuate the transfer. PASSED AND ADOPTED THIS day of , Chairman ATTEST: APPROVED AS TO FORM: ,q3 Agency Clerk A e c Counsel ?l �,f REVIEWED ANDAPPROVED: INITIATED AND APPROVED: 1 II23I 93 xecutive ec r Director of Economic Development ' 7/[ransfer/11/10/93 2 Order No. , Lscluw N.. t Loan No. ` WHEN RECORDED MAIL TO: CITY OF HUNTINGTON BEACH City Clerk 2000 Main St. Huntington Beach, Ca. 92648 SPACE ABOVE THIS LINE FOR RECORDER'S USE MAIL TAX STATEMENTS TO: DOCUMENTARY TRANSFER TAX$............................................... ......Computed on the consideration or value of property conveyed;OR ......Computed on the consideration or value less liens or encumbrances remaining at time of sale. AP #024-147-33 3lgnatu�e of Declarant or Agent determining tax- Firm Name CORPORATION GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, THE AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body corporate po C irc a corporation orcanized under the laws of the State of California does hereby GRANT to THE CITY OF I UIMG ON BEACH, a municipal corporation of the State of California the real property in the City of Huntington Beach County of Orange State of California, described as Lot 12, Block 204 of Huntington Beach, as per map recorded in Book 3, Page 36, Miscellaneous Maps, in the office of the County Recorder of said County. Except the Northwesterly 10 feet thereof. The Grantee agrees for itself and any successor in interest not to discriminate upon the basis of race, color, creed or national origin in the sale, lease or rental or in the use or occupancy of the property hereby conveyed or any part thereof. Grantee covenants by and for itself, its successors, and assigns, and all persons claiming under or through then that there Sall be no discrimination against or segregation of, any person or group of persons on account of race, color, creed, national origin or ancestry in the sale, lease and sublease, and transfer, use occupancy, tenure, or enjoyment of the Property, nor shall the Grantee itself or any person claiming under or through it, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupany of tenants, lessees, sub-tenants, sublessees, or vendees in the Property. The foregoing covenants shall run with the land. "EXCEPTING therefrom all oil, gas and other hydrocarbon substances and minerals lying below a depth of 500 feet from the surface of said land, but without the right of suuvace entry at any time upon said land or within the top 500 feet thereof, for the purpose of exploiting for, developing, producing, removing and marketing said substances". (Ord. 2636, 21 Sep 83). Reserving therefrom an easement over those portions dedicated for right-of-way and utility purposes. Dated 1 STATE OF CALIFORNIA Isa COUNTY OF I On before me, B the undersigned,a Notary Public In and for said State,personalty appear- President President ed and personally known to me(or proved to me on the basis of satisfactory By evidence)to be the persons who executed the within Instrument as Secretary President and Secretary, APPROVED AS TO FORM: on behalf of GAIL BUTTON.., City Attorney - Bya Deputy,Ceity Attorney the corporation therein named,and acknowledged to me that such cor- poration executed the within instrument pursuant to its by-laws or a resolution of its board of directors. WITNESS my hand and official seal. Signature (This area for official notarial seal) 1144 6/82 MAIL TAX STATEMENTS AS DIRECTED ABOVE z 0./ NNT /UN 3 r 2 k 'so rp 10 WSW A 12' 6 rS y 'la r y \J kid / 13 T. r� BLK_.k it J05 14 c r ,r rser .ar, _---- •_ 17 to p M r 6 a to p k 18 _ 19 BCK.1 p 304 9 ___ 15 e ) 18 m k ./a. 19 e ) � _� e ) ' 10 `_ � _�_ 16 6 ° S 19 0 S ��' 17 _ 17—� 6 S t 11 $ ----- �__a"7 1 J 14 nar f J L—16 $ f J E 12 W.W 1 1 r• 2k . 1 R p/sr W-W t J 1 C .rsr PIT MnT (— Av. �I , ° °` 2 CT � y e• wrar �� nar a. osr Z_ -- Ito z� 0 5 TRACT 21 26 25 `/oar _ 1[� _j¢ ,f Omar 1 26 23 —— 16 f r 7J 32 m —— •tf —.�J__ !*'."35 Jf 11 1 vROXCT, ! 31 27 it 33,,. C _—�--JJ 21---_— C 36 22 1. 3 lOt oar 29 B KJo ro ZQ6 y >�___-- —�3 —10 q 31 .a. T i 27 to q t0 oar —Y4� 16 /) 205 1 BLKw ) 14 0 w• 26 a6 ,S 35 R 3 i6 /i n 4 _ n 24 r r 34 k >, -- - Parcel 024-14" ♦ j4 N ►, 3 ;'° 1 oar C 28 n L �°`012 tt It 15 2 ar 25 1 p 12 13 1 p 14 S to p 38 ••• ' • osr 2 e ) 13 t ' ar 19 e ) 10 0` 'r♦ A ) 3 •r M 6 s 28 ' ° »• � War • 18 f 37 fr r/a• go 9 17 f • A h •• 9 f J 26 r a• 11 „ 19 ? 1 36 s m 16 s / 11 or ;°, J e 27 'r Parcel 024-147-08 [_ WALNUT Parcel 024-147-29 ! At LEGEND % 15 NOTE — ASSESSORS BLOCK 6 ASS£SSO MNTMTON BEACH M.0 J—J6 PARCEL NUMBERS BOOK 24 0 Parcel to be Transferred TRACT NO. 14153 M.AI. 674 — 46,47,48 SNOWN N CA4CLES COLNTr General Plan Conformance 93-5 • Downtown Area E TINCTON$EACH HUNTINGTON B.EACH PLANNING DIVISION TALBERT AVENUE M • ` 819.A -�� 6La.B , - &N..C - TRACT7.e __ Parcel 159-141-01 - f '8 /J 6 6 �l _ -•I/P _ma's_,yK _ /F7_ _�_ j5LParcel 159-141-02 _ ' Parcel I 59-141-03 82 ' V '�IuLO _ T6� PB _?9__ ` -yam- - �O _ 4J/ - •.'$. B JI-- �71 Ji-�JS6-_456 J7 JB 6 _ 7- \ PROJECT 9JJ-87 a/ i2 7 JB J v 40 - - °�� u__.a=_ \\ LoT / 81 �_ Aj_. ' i6 _:a7__ '�@ _ �54- -I='--+s Ja9_vr '- 1 68 43 e s 'so ' BL•K I stBLK.- - �--+SI- I J.26 aC. t Q _W-_36 .r`T� SB 39_ -i6�_ _,6a_�63 ^ 166 - '67 _ //�--�---Ez- 6'A # - 42 6-�-�: _•_ ' E_466_ 7/ _7- 12 .69 •E9 I 41 '? 67 68ry 70 j/_ _ •j2 _ JB __ ,t9_ O J I p - -- -- N �J-- 1L--+° - Zs - O 'Z_ T2 _.IL 74 6 7 .85 4, Ley � N0. 11560 Iq31;7I I 1 7 !98 '5* HAPPY $ DRIVE 10 .727 F(cI- --�` - �-- �-- E'�- 13__J/q_ ' /?__ /_ _ /2 'LI _ _✓tS_ _�ro ,�/�__�/_ _ fit_' J _�N_ li-At it B 12Y_. 117 /B- //9 /6 //7_ /8 /9 229 AC. �/- • / �i' .// �S �. ' I/ I ' / �I 3 - I/ ' '--I - � _ y1 _ - .•'1 , eB _ a 9? k _= 8 P ; 1T - _,*r- -+/J�_J•;!_ 1 -4.LJ6 _ 7__(• _kA - fJa _ 'IA J6 3r ,a4 JS Q Jr /ss '4fNO +/02_ Mj '/a4 ' 9 'I4Q ' / _,I 'M 'iO/a8 o ro'/� 1 8 14 6 ?.s• w M .14 BLKE BLK A BLK.B BL or.C LEGEND 27 TRACT NQ /72 M.M /2-22 NOTE•ASSESSOVS BLOCK d Parcel to be Transferred TRACT No.. 11560 M.M. 536-42.3 PARCEI :!UMBER: :40WN IN CIRCLES General Plan Conformance 93-6E[MUNTINCTOM . HUNTINGTON ISEACH PLANNING DIVISION SUMMARY REPORT PURSUANT TO SECTION 33433 of the CALIFORNIA COMMUNITY REDEVELOPMENT LAW on a DISPOSITION AGREEMENT by and between the REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH and the CITY OF HUNTINGTON BEACH This summary report has been prepared for the Huntington Beach Redevelopment Agency ("Agency") pursuant to Section 33433 of the California Health and Safety Code. This report sets forth certain details of the proposed Disposition Agreement ("Agreement") between the Agency and the City of Huntington Beach ("City") . The Agreement requires the Agency to- transfer the 2, 675 square foot Agency owned parcel (024-147-33) located at 212 Fifth Street in return for consideration of a $306, 001. This report describes and specifies: 1. The cost of the proposed agreement to the Agency, including relocation costs, site clearance costs, toxic remediation costs, infrastructure costs and public parking costs; 2 . The estimated value of the interests conveyed, determined at the highest used permitted under the Redevelopment Plan; and 3 . The purchase price to be paid by the City for the interests being conveyed. This report and the proposed Agreement are to be made available for public inspection prior to the approval of the Agreement. A. SALIENT POINTS OF THE AGREEMENT 1. City Responsibilities Under -the proposed Agreement, the City has the following responsibilities: a. The City must continue to maintain the property as a public walkway. b. The City must reduce the Agency's outstanding debt - balance owed to the City by $306, 001 as 1 2� compensation for the Agency transferring the 2, 675 square foot parcel to the City. 2 . Agency Responsibilities The Agency is responsible for transferring the 2, 675 square foot Agency-owned parcel to the City lien free. B. COST OF AGREEMENT TO AGENCY The estimated costs of the Agreement to the Agency are as follows: Total Land Acquisition Cost $ 125,783 Imputed Interest Cost 71, 218 Construction of Improvements 109 , 000 Total Costs to Agency $ 306, 001 C. ESTIMATED VALUE OF THE INTERESTS TO BE CONVEYED TO THE CITY DETERMINED AT THE. HIGHEST USE PERMITTED UNDER THE REDEVELOPMENT PLAN The use of the subject site is limited to that of a public walkway, and therefore, public walkway represents the highest use permitted under the Redevelopment Plan. The property value has been set equal to the total of the land acquisition costs, the demolition of existing improvements, the costs to construct the walkway, a fountain, benches and landscaping and the imputed interest accrued during the period the Agency has owned the parcel. The total costs are $306, 001. D. PURCHASE PRICE PAID BY THE CITY AND REASONS FOR DIFFERENCE IN FAIR MARKET VALUE FOR THE HIGHEST USE UNDER THE REDEVELOPMENT PLAN The purchase price is set at $306,001, which represents the established market value of the property at its highest and best use. Therefore, the Agency. is receiving fair compensation for the 2, 675 square foot subject site. 2 �N SUMMARY REPORT PURSUANT TO SECTION 33433 of the CALIFORNIA COMMUNITY REDEVELOPMENT LAW on a DISPOSITION AGREEMENT by and between the REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH . and the CITY OF HUNTINGTON BEACH This summary report has been prepared for the Huntington Beach Redevelopment Agency ("Agency") pursuant to Section 33433 of the California Health and Safety Code. This report sets forth certain details of the proposed Disposition Agreement ("Agreement") between the Agency and the City of Huntington Beach ("City") . The Agreement requires the Agency to transfer parcel 023-041-06 and a portion of parcel 013-041-04 to the City of Huntington Beach Civic Improvements Corporation in return for consideration of $765,421. This report describes and. specifies: 1. The cost of the proposed agreement to the Agency, including relocation costs, site clearance costs, toxic remediation costs, infrastructure costs and public parking costs; 2 . The estimated value of the interests conveyed, determined at the highest used permitted under the Redevelopment Plan; and 3 . The purchase price to be paid by the City for the interests being conveyed. This report and the proposed Agreement are to be made available for public inspection prior to the approval of the Agreement. A. SALIENT POINTS OF THE AGREEMENT 1. City Responsibilities Under the proposed Agreement, the City has the following responsibilities: a. The City must continue to maintain the property in its current use as a public parking lot. The City of Huntington Beach Civic Improvements District must continue to operate and maintain the parking lot. 1 �.3 b. As consideration for the transfer of the parcels, the City of Huntington Beach must reduce the outstanding debt balance on the City loan to the Agency by $765,421. 2 . Agency Responsibilities The Agency must transfer the .77 acre Agency-owned parcel to the City of Huntington Beach Civic Improvements Corporation lien. free. B. COST OF AGREEMENT TO AGENCY The estimated costs of the Agreement to the Agency are as follows: Original Agency Purchase Price $ 671,000 Interest Paid on Acquisition Note 64,874 Imputed Interest on Land 29,547 Total Costs to Agency $ 765,421 C. ESTIMATED VALUE OF THE INTERESTS TO BE CONVEYED TO THE CITY DETERMINED AT THE HIGHEST USE PERMITTED UNDER THE REDEVELOPMENT PLAN The use of the subject site is limited to public parking. As such, the allowed use represents the highest use permitted under the Redevelopment Plan. The property value has been set equal to the land assemblage costs plus interest paid on the acquisition note. These costs total $765,421, or $22.82 per square foot of land area. D. PURCHASE PRICE PAID BY THE CITY AND REASONS. FOR DIFFERENCE IN FAIR MARKET VALUE FOR THE HIGHEST USE UNDER THE REDEVELOPMENT PLAN The purchase price is set at $765,421. This represents the established value of the property at the highest and best use. Therefore, there is no difference between the compensation being received by the Agency and the fair market value of the property. 2 RESOLUTION NO. 56 A RESOLUTION OF THE -HUNTINGTON BEACH REDEVELOP- MENT AGENCY FINDING PUBLIC INTEREST AND NECESSITY TO ACQUIRE REAL PROPERTY IN THE TALBERT-BEACH PROJECT AREA IN THE CITY OF HUNTINGTON BEACH FOR .REDEVELOPMENT PURPOSES, AND AUTHORIZING THE ACQUISITION OF SUCH PROPERTY BY EMINENT DOMAIN WHEREAS, the Redevelopment Agency of the City of Huntington Beach is proposing a redevelopment project for the Talbert-Beach area; and Acquisition of the real property referred to hereinbelow is necessary for implementing this public project; and California Health and Safety Code §33391 authorizes the Agency to acquire by eminent domain any property necessary to carry out any redevelopment purpose, and redevelopment is an essential Agency function, NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach finds, determines- and resolves as follows: 1 . The public interest and necessity require that the Redevelopment Agency of the City of Huntington Beach acquire the real property described herein for public use for redevelopment purposes pursuant to the authorization of Health and Safety Code §33391 . 2. The real properties or interests in real properties, described herein and graphically depicted in Exhibit "A" attached hereto and incorporated herein by reference, are more particularly -described as follows : Lots 1 and 6 of Block E of Tract No. 172 as shown .on a map recorded in Book 12, page 22 of Miscellaneous Maps in the Office of the County Recorder of Orange County, California; and Lots, 1 , 2, 3, 8, 9, 13, 15, 21 , 27, 33, 39, 45, 51, 57 and 63 of Block A of Tract No. 172 as shown on a map recorded in Book 12, page 22 of Miscellaneous t4aps in the Office of the County Recorder of Orange County, California; and -1- Lots 5, 6, 47, 48, 53, 54, 59, 60, 66, 72, 89 and 95 of Block B of Tract No. 172 as shown on a map recorded in Book 12, page 22 of Mis- cellaneous Maps in the Office of the County Recorder of Orange County, California; and Lots 1, 2, 3, 8, 9, 15 and 145 of Block C of Tract No. 172 as shown on a map recorded in Book 12, page 22 of Miscellaneous Maps in the Office of the County Recorder of Orange County, California. 3.. All persons .with an ownership interest in the property and whose name and address appear on the last equalized county assessment roll were duly given notice and an opportunity to be heard pursuant to Code of Civil Procedure §1245. 235. 4. A hearing on the matters set forth in Code of Civil Procedure §1240. 030 was duly held by the Redevelopment Agency on December 20, 1982 -� . 5. The public interest and necessity require the proposed project. 6. The proposed project is planned and located in the manner that will be most compatible with the greatest public good and the least private injury. 7. The property described herein is necessary for the pro- posed project. 8. It is necessary that the taking of said property or interest in said real property be in fee simple, and acquisition of the property in fee ownership is in the manner which will be most compatible with the greatest public good and the least private injury. 9. The Chief Executive Officer of the Redevelopment Agency, or his designee , and the Legal Counsel are hereby authorized , directed and empowered to acquire in the name of the Redevelopment Agency of the City of Huntington Beach a fee simple estate in and to the above described real property or interest in real property ' by condemnation under the laws of the State of California relating v -2- to eminent domain and such .other statutes of the State as may be applicable, to commence such proceedings as are necessary for the acquisition of said property, and to do all things reasonably necessary for the acquisition of the property, including applying for an order fixing the amount of security by way of money deposits as the court may direct and for an order permitting the city to take possession and use of the property for the uses and purposes described herein. 10. - The real property or interest in real property which is authorized for condemnation by this resolution is situated in the redevelopment project area of the City of Huntington Beach, County of Orange, State of California. PASSED AND ADOPTED this 20th day of December , 1982. ^ Chairman ATTEST: APPROVED AS TO FORM: Agency Clerk Agenc egal Counsel . REVIEWED AND APPROVED: INITIATED AND APPROVED: Chief Executive Of cer Director, Business and Industrial Enterprise �1 -3- Res. No. 56 STATE OF CALIFORNIA } COUNTY OF ORANGE ) CITY OF HUNTINGTON BEACH) I , ALICIA M. -WENTWORTH, Secretary of the Redevelopment Agency -of the City of Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Huntington Beach at a meeting of said Redevelopment Agency held on the 2nth day of December 19 82 , and that it was so adopted by the following vote: AYES: Members: Pattinson. MacAllister, Mandic, Finley, Bailey, Kelly NOES: Members: None ABSENT: Members : Thomas, (Absent from room) Secretary of the Redevelopment Agency of. the City of Huntington Beach, Ca. ti EXHIBIT 1 SUMMARY OF REDEVELOPMENT AGENCY DEBT JUNE 30, 1993 TALBERT/ YORKTOWN/ HUNTINGTON ENERAL FUND: MAIN/PIER BEACH OAKVIEW LAKE CENTER TOTAL .GENCY ADVANCE OF BOND PROCEEDS 4,445,000 4,445,000 NTEREST ON AGENCY.ADVANCE/BOND PROCEEDS 831,099 831,099 OTAL AGENCY ADVANCE OF BOND PROCEEDS 5,276,099 0 0 0 0 . 5,276,099 IRECT ADVANCES 7,040,792 0 310,864 251,383 150,097 7,753,136 NTEREST ON DIRECT ADVANCES 1,624,613 0 24,092 151,471 11,633 1,811,808 TOTAL DIRECT ADVANCES 8,665,405 0 334,956 402,854 161,730 9,564,944 NDIRECT ADVANCES 4,014,577 (0) 2,375,352 286,991 849,815 7,539,936 NTEREST ON INDIRECT ADVANCES 1,691,556 0 1,003,602 120,074 191,346 3,006,578 TOTAL INDIRECT ADVANCES 5,706,133 (0) 3,378,954 407,065 1,041,161 10,546,514 .AND SALES 32,589,147 245,000 32,834,147 NTEREST ON LAND SALES 15,457,050 29,545 15,486,595 TOTAL LAND SALES 48,046,197 0 0 274,545 0 48,320,742 OTAL GENERAL FUND 67,693,834 (0) 3,713,910 1,084,464 1,202,890 73,708,300 iHER FUNDS: EWER FUND 241,933 74,770 0 0 0 316,703 RAINAGE FUND 418,199 108,592 0 0 0 526,791 AS TAX FUND 760,362 0 0 0 0 760,362 ARKING AUTHORITY. FUND 116,370 0 0 0 0 116,370 ARK A AND D 2,884,691 2,884,691 APITAL IMPROVEMENT FUND 0 0 0 276,495 0 276,495 ATER FUND 1,915,183 0 0 0 0 1,915,183 OTAL OTHER FUNDS 3,452,047 3,068,052 0 276,495 0 6,796,594 OTAL ALL CITY FUNDS 71,145,881 3,068,052 3,713,910 1,360,959 1,202,890 80,491,692 FBT TO OUTSIDE PARTIES BPFA 13,725,355 1,879,775 3,419,000 11,401,950 30,426,080 ,ORTGAGES PAYABLE 798,000 0 0 217,810 0 1,015,810 MERALD COVE BONDS 0 5,710,000 0 0 5,710,000 OTAL DEBT TO OUTSIDE PARTIES 14,523,355 7,589,775 3,419,000 217,810 11,401,950 37,151,890 OTAL AGENCY DEBT 85,669,236 10,657,827 7,132,910 1,578,769 12,604,840 117,643,582 --------------------------------------------------------------------------- --------------------------------------------------------------------------- EXHIBIT I1 , O STATEMENT OF CHANGES IN OPERATIVE AGREEMENT DEBT FISCAL YEAR ENDING JUNE 30, 1993 MAIN/PIER TALBERT OAKVIEW YKTN/LAKE HTG CTR TOTAL BEACH INCREASES: GENERAL FUND PRINCIPAL: 0 INDIRECT COSTS 123,957 13,202 63,292 9,863 53,003 263,316 0 TOTAL GENERAL FUND PRINCIPAL ADV. 123,957 13,202 63,292 9,863 53,003 263,316 INTEREST ON GENERAL FUND DEBT 4,864,472 512 264,850 77,646 84,613 5,292,093 INTEREST ON OTHER FUNDS DEBT 248,291 220,672 0 19,887 0 488,850 TOTAL INTEREST 5,112,763 221,184 264,850 97,533 84,613 5,780,943 TOTAL INCREASES IN CITY DEBT 5,236,720 234,386 328,142 107,396 137,615 * 6,044,259 DECREASES: GENERAL FUND PRINCIPAL 0 19,859 298,924 0 220,363 539,146 GENERAL FUND INTEREST 450,000 1,047 103,828 80,000 29,637 664,512 OTHER FUNDS PRINCIPAL 0 32,882 0 0 0 32,882 OTHER FUNDS INTEREST 0 19,158 0 0 0 19,158 TOTAL REDUCTIONS 450,000 72,946 402,752 80,000 250,000 1,255,698 NET INCREASE (DECREASE) IN DEBT 4,786,720 161,440 (74,610) 27,396 (112,385) 4,788,561 OPERATIVE AGREEMENT DEBT, JULY 1, 1992 66,359,161 2,906,612 3,788,520 1,333,563 1,315,275 75,703,130 OPERATIVE AGREEMENT DEBT, JUNE 30, 1993 71,145,881 3,068,052 3,713,910 1,360,959 1,202,890 80,491,692 Attachment 8 Transfer of Agency Property Project Area Property Costs Main-Pier Public Walk Through Land Acquistion 125,783.00 Interest 71,217.83 Construction of Improvements 109,000.00 306,000.83 Yorktown-Lake Civic Center Parcel Land Acquistion 671,000.00 Interest on Land 29,547.00 Interest on Note 64,874.00 765,421.00 Talbert Beach Emerald Cove Prior Parcels consideration given for acquisition 0 3� I F-i ALLEY Fz 2 J . - 5 6 60 9 76 77 7a 7. 7J u 7I 70 69 r TRACT 0Q O 9 18 n 19 z 20 _21 22- � 423a 20 30 O SO O 4 5 ` tt tI t3 a a a ,`•. a . 1 " T t LAKE .-T— Parcel 023-041-06 STR£E' TRACT a7Ct AG •• 41 61 6J 61 61 60 59 58 :7 36 S5 54 jJ 43) •'..nfio•�iJ?G.Yi���wiiv:�iw Iy \ <II�}1dilhf:I ALLEY \\ ::::•rYr: Vl 'rJJ J4 J5 J6 J7 J6 J9 40 �2 aJ 44 :Y:.; 41 J .~ \\ ��� \`♦ 3 32 3, 0 19 Z8 7 26 25 24 23 22 2t Parcel 023-041-04 (portion) V. O O O O O O t0 t a •'__ Iaq• S 13 NO. 12 ( it 99 16 27 26 14 7J _3-- -• -----, I ? R ALLEY LEGEND 03 Parcel to be Transferred General .Plan Conformance 93-5 Civic Center Parki ng Lot Area IWNTINCTON{EACH HUNTINGTON BEACH PLANNING DIVISION F J Order No. Escrow No. Loan No. WHEN RECORDED MAIL TO: The City of Huntington Beach City Clerk 2000 Main Street Huntington Beach, CA 92648 SPACE ABOVE THIS LINE FOR RECORDER'S USE MAIL TAX STATEMENTS TO: DOCUMENTARY TRANSFER TAX $............................................... :::...Computed on the consideration or value of property conveyed;OR �� ...Computed on the consideration or value less liens or encumbrances ////►►►► remaining at time of sale. AP No. 023-1*-I'-06 Signature of Declarant or Agent determining tax—Firm Name r CORPORATION GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body corporate and politic w a corporation orcanized under the laws of the State of California does hereby u GRANTto THE CITY OF HUNTINGTON BEACH, a municipal corporation, the real property in the City of Huntington Beach County of Orange State of California, described as See Exhibit "A" attached hereto and by this reference made a part hereof. The Grantee agrees for itself and any successor in interest not.to discriminate upon the basis of race, color, creed or national origin in the sale, lease, or rental or in the use or occupancy of the Property hereby conveyed or any part thereof. Grantee covenants by and for itself, its successors, and assigns, and all persons claiming under or through then t there shall be no discrimination against or segregation of any person or group of _ sons on account of race, color, creed, national origin or ancestry in the sale, leas sublease, transfer, use, occupancy, tenure, or enjoyment of the Property, nor shall th Grantee itself or any person claiming trader or through it, establish or permit any s hp ractice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, sub-tenants, sublessees, or vend es in the Property. The foregoing covenants shall run with the land. "EXCEPTING therefrom all oil, gas and other hydrocarbon substances and minerals 1 below a depth of 500 feet from the surface of said land, but without the right of surface entry at any time upon said land or within the top 500 feet thereof, for the purpose of exploiting for, developing, producing, removing and marketing said substances." (Ord 2636, 21 Sep 83). Reserving therefrom an easement over those portions dedicated for right-of-way and utility purposes. Dated 1 STATE OF CALIFORNIA Iss. COUNTY OF I On before me, By the undersigned,a Notary Public in and for said State,personalty appear- President ad and personally known to me(or proved to me on the basis of satisfactory By evidence)to be the persons who executed the within instrument as Secretary President and Secretary, on behalf of l.'1p�.lr�,•V:-;.� =� to \� the corporation therein named and acknowledged to me that such cor- ol—poration executed the within instrument pursuant to its by-laws or a resolution of its board of directors. WITNESS my hand and official seal. Signature (This area for official notarial seal) 1144 (6/82) MAIL TAX STATEMENTS AS DIRECTED ABOVE EXHIBIT "A" LEGAL DESCRIPTION (PCH Parcel ) THOSE PORTIONS OF LOTS 13 AND 14 OF BLOCK 1901 OF TRACT NO. 12 IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS SHOWN ON THE MAP RECORDED IN BOOK 9, PAGE 13 OF MISCELLANEOUS MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, INCLUDING AND INCLUSIVE OF PORTIONS OF SEVENTEENTH STREET AS SHOWN ON SAID MAP AND AS VACATED IN THAT CERTAIN RESOLUTION NO. 5989 OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH, A CERTIFIED COPY OF WHICH RECORDED AS INSTRUMENT NO. 89-137620 OF OFFICIAL RECORDS OF ORANGE COUNTY,. MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE CENTERLINE INTERSECTION OF LAKE AVENUE, 90.00 FEET IN WIDTH, AND SEVENTEENTH STREET, 70.00 FEET IN WIDTH., AS SHOWN ON SAID MAP OF TRACT NO. 13569; THENCE SOUTH 00 DEGREES 19' 06" WEST 267 .32 FEET ALONG SAID CENTERLINE OF LAKE AVENUE TO THE CENTERLINE INTERSECTION OF PARK STREET, 52 .00 FEET IN WIDTH, -AS SHOWN ON THE MAP OF SAID TRACT NO. 13569; THENCE NORTH 89 DEGREES 40'54" WEST 237.70 FEET ALONG SAID CENTERLINE OF PARK STREET; THENCE NORTH 00 DEGREES 19 '06" EAST 155. 89 FEET TO THE CENTERLINE OF SAID SEVENTEENTH STREET; THENCE NORTH 41 DEGREES 38' 23" EAST 68.48 FEET ALONG SAID CENTERLINE TO AN ANGLE POINT IN SAID SEVENTEENTH STREET; THENCE CONTINUING ALONG SAID. CENTERLINE OF SEVENTEENTH STREET SOUTH 89 DEGREES 40' 54" EAST 192 .48 FEET TO THE POINT OF BEGINNING. Order No. Ewtow No. Loan No. WHEN RECORDED MAIL TO: The City of Huntington Beach City Clerk 2000 Main Street Huntington Beach, CA 92648 SPACE ABOVE THIS LINE FOR RECORDER'S USE MAIL TAX STATEMENTS TO: DOCUMENTARY TRANSFER TAX a............................................... Computed on the consideration or value of property conveyed;OR _ ......Computed on the consideration or value less liens or encumbrances remaining at time of sale. - --__--__-- _ AP No. 023-041-04 (a portion) I Signature of Declarant or Agent determining tax-Firm Name CORPORATION GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body corporate and politic. a corporation orcanized under the laws of the State of California does hereby GRANTto THE CITY OF HUNTINGTON BEACH, a municipal corporation the real property in the City of Huntington Beach County of Orange State of California, described as See Exhibit "A" attached hereto and by this reference made a part hereof. The Grantee agrees for itself and any successor in interest not to discriminate upon the basis of race, color, creed or national origin in the sale, lease, or rental or in the use or occupancy of the Property hereby conveyed or any part thereof. Grantee covenants by and for itself, its successors, and assigns, and all persons claiming under or through them that there shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, national origin or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure, or enjoyment of the Property, nor shall the Grantee itself or any person claiming under or through it, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, sub-tenants, sublessees, or vendees in the Property. The foregoing covenants shall run with the land. "EXCEPTING therefrom all oil, gas and other hydrocarbon substances and minerals lying below a depth of 500 feet from the surface of said land, but without the right of surface entry at any time upon said land or within the top 500 feet thereof, for the purpose of exploiting for, developing, producing, removing and marketing said substances." (Ord 2636, 21 Sep 83). Reserving therefrom an easement over those portions dedicated for right-of-wa and utility purposes. Dated i STATE OF CALIFORNIA )as. COUNTY OF On -before me, By the undersigned,a Notary Public In end for said State,personalty appear- President ed and personally known to me(or proved to me on the basis of satisfactory By evidence)to be the persons who executed the within instrument as Secretary President and Secretary. Approved o forM on behalf of the corporation therein named and acknowledged to me that such cor• Clt eV resolution 1 I) poration executed the within Instrument pursuant to its by-laws or a ` resolution of its board of directors. WITNESS my hand and official seal. Signature (This area for official notarial seal) 1144 (6/82) MAIL TAX STATEMENTS AS DIRECTED ABOVE EXHIBIT "A" LEGAL DESCRIPTION BEING A PORTION OF THAT PARTICULAR "BARGAIN AND SALE DEED CORPORATION" BETWEEN HUNTINGTON BEACH COMPANY AND THE CITY OF HUNTINGTON BEACH, IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE'OF CALIFORNIA, RECORDED SEPTEMBER 23, 1916 IN BOOK 294, PAGE 390 OF DEEDS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, MORE PARTICULARLY DESCRIBED AS FOLLOWS. BEGINNING AT THE MOST EASTERLY CORNER OF BLOCK 2001 OF TRACT NO. 12 AS SHOWN ON THE MAP RECORDED IN BOOK 9, PAGE 13 OF MISCELLANEOUS MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE NORTH 48"41'56" WEST 335.67 FEET ALONG THE NORTHEASTERLY LINE OF BLOCK 2001 OF SAID TRACT NO. 12 TO THE BEGINNING OF A NON-TANGENT CURVE, CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 750.00 FEET, A RADIAL- LINE TO SAID CURVE BEARS NORTH 24041'55" EAST, SAID CURVE BEING THE SOUTHWESTERLY LINE OF YORKTOWN AVENUE, 100.00 FEET IN WIDTH, AS SHOWN ON THE PRECISE PLAN OF ALIGNMENT FOR YORKTOWN AVENUE ON FILE IN THE OFFICE OF THE CITY ENGINEER OF THE CITY OF HUNTINGTON BEACH; THENCE SOUTHEASTERLY 177.26 FEET ALONG SAID CURVE AND SAID SOUTHWESTERLY LINE OF YORKTOWN AVENUE, THROUGH A CENTRAL ANGLE OF 13-32130" TO THE BEGINNING OF A REVERSE CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 850.00 FEET, A RADIAL LINE TO SAID CURVE BEARS SOUTH 38014'25" WEST; THENCE CONTINUING ALONG THE SOUTHWESTERLY LINE OF SAID YORKTOWN AVENUE SOUTHEASTERLY 199.80 FEET, THROUGH A CENTRAL ANGLE OF 13°28'04" TO A POINT ON THE NORTHEASTERLY PROJECTION OF THE CENTERLINE OF SEVENTEENTH STREET, 70.00 FEET IN WIDTH, AS SHOWN ON THE MAP OF SAID TRACT NO. 12; THENCE SOUTH 41°18'43" WEST 64.11 FEET ALONG SAID NORTHEASTERLY PROJECTION OF THE CENTERLINE OF SEVENTEENTH STREET TO A POINT ON THE SOUTHEASTERLY PROJECTION OF SAID AFOREMENTIONED NORTHEASTERLY LINE OF BLOCK 2001 OF SAID TRACT NO. 12; THENCE NORTH 48°41'56" WEST 35.00 FEET ALONG SAID SOUTHEASTERLY PROJECTION OF THE NORTHEASTERLY LINE OF BLOCK 2001 TO THE POINT OF.BEGINNING. CONTAINING AN AREA OF 11730 SQUARE FEET, MORE OR LESS. �yo�, v • V Mo. 3347 ' Exp.G 30-�Z �P f ALDEN &Nor. Nualw-m SSOCIATES LEGAL DESCRIPTION \ REV. 2/8/91 CIVIL ENGINEERS—PLANNERS—LAND SURVEYORS 0910-202-1 2/1/91 19012 COWAN.SUITE 210 • IRVINE. CA 92714 WO.No. Onto -- 71<7660-0110 FAX:660-NId c _. PF.R ' t • � CKAE.VD . '' •w~ � � /ND/C�4TES L E6EG L�'SC�// 1 VI �jy3 � \ ; •1 U \gym 1 • � v V 00 • ,, �� J� v Alia� � IM2ALDEN & SKETCH TO AC'CON1P�,�ly SSOCIATES A - LEGAL '�C�'!PT/O� RESOLUTION NO. RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF REAL PROPERTY BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF 'HUNTINGTON, BEACH AND THE CITY OF HUNTINGTON BEACH WHEREAS, the Redevelopment Agency of the City of Huntington Beach (the "Agency") is authorized to conduct redevelopment activities within the Yorktown-Lake Redevelopment Project Area (the "Project Area"), which activities include the disposition of real property for repayment of Agency debt; and The disposition, which is the subject of this resolution, was found to be in conformance with the General Plan on July 20, 1993; and The Agency and the City Council of the City of Huntington Beach ("City Council") have conducted a duly noticed joint public hearing regarding the proposed transaction in accordance with California Health and Safety Code sections 33431 and 33433; and The report pertaining to the property disposition which has been on display prior to the joint public hearing in accordance with section 33433 of the California Health and Safety Code, contains a detailed description of the transaction; and The acquisition of the Agency's property by the City will facilitate redevelopment efforts within the Main-Pier Redevelopment Project Area; NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach does hereby resolve as follows: Section 1. The Agency hereby a2proves the transfer of the property OH I identified by Assessor's Parcel numb 0234 -1.-0 and a portion of Assessor's Parcel number 13-041-04 nd known as Parc 1 6, the Southwest corner of Yorktown and Ma' Streets, in the Huntington each, from the Agency to the City. �f 1 Section 2• The Redevelopment Agency finds and determines, based upon the testimony and information presented during the public hearing with respect to the disposition that the consideration for the real property to be transferred to the City by Deed constitutes 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 previously established. The Redevelopment Agency further finds that the disposition is necessary to effectuate the purpose of the Redevelopment Plan applicable to the Project Area. Section 3. Pursuant to Section 15326 of the Guidelines to the California Environmental Quality Act, the transfer is categorically exempt under CEQA. Section 4. The Agency hereby authorizes the Chairman or the Executive Director to execute all documents necessary to effectuate the transfer. PASSED AND ADOPTED THIS day of , Chairman ATTEST: APPROVED AS TO FORM: Agency Clerk Ve y Counsel53 REVIEWED AND PPROVED: INITIATED AND APPROVED: �L�'� •11�23�G� xecutive Director Director of Economic Development a 2 7/yorktown/1 1/23/93 A6 U/9444, . 7` fig 7V- Q ° ? APPROVED BY CITY COUNCIL 19f"I REQUEST FOR CITY HUNCIL/REDEVELOPMENIF-"Ivi-liv�-G2'��CI.FRK� q-9e4' �• y7i A ED 93-42 l Date: December 6, 1993 �L!y Submitted to: Mayor/Honorable Chairman and Council Members/Redevelopment Agency Members Submitted by: Michael T. Uberuaga, City Administrator/Executive D[rect �a_ Prepared.by: Barbara A. Kaiser, Deputy City Adm[nistrator/Economic3--6 Development o = ••. . rn c .Subject: TRANSFER OF AGENCY AND CITY PROPERTIES MAIN-PIER, YORKTOWN LAKE & TALBERT BEACH ^' PROPERTIES rn m y r"¢ W T. .r rn m Consistent with Council/Agency policy? [4 Yes [ 1 New Policy or Exception Statement of Issue,Recommended Agency Action,Analysis,Funding Source,Alternative Actions,Attachments- Statement of Issue: The Redevelopment Agency completed public improvement projects on several downtown and Civic Center parcels which need to be transferred to the City. The Redevelopment Agency is requesting payment for the acquisition and public improvements costs and may use this program income to repay Agency debt. Additionally, three Emerald Cove parcels need to be transferred to the Redevelopment Agency from the City. Per California Health and Safety Code 33433, the Agency is required to hold a public hearing when disposing of property acquired with tax increment. Recommended Agency Actions: 1 . Hold the Public Hearing 2. Approve Agency Resolution Qq7 and City Resolution to transfer the Public walk-through, AP #024-147-33, to the City for the acquisition and public improvement costs of $306,000.83 crediting the program income to the Main- Pier Project Area. &V 3. Approve Agency Resolution -.2±C and City Resolution �,55 — to transfer from the Agency to the City of Huntington Beach the Civic Center Parking Lot parcels, AP #023-041-06 and AP #OA3-04.1-04 (a portion) for the acquisition and public improvement costs of $765,421 with the program income credited to Yorktown Lake Project Are9. asp 4. Approve City Resolution and Agency Resolution to transfer from the City to the Agency the Emerald Cove Parcels, 159-141-01, 02, 03. (No costs involved.) 5. Approve the Redevelopment Agency program income occasioned by the sale of the Public Walk Through (Main-Pier) and the Civic Center Parking Parcels (Yorktown Lake) be used as payment of $1,071,421 .83 towards its Main-Pier debt. Analysis: The Redevelopment Agency completed public improvement projects on several parcels which need to be transferred to the City of Huntington Beach. The Planning Commission determined that these transfers are in conformance with the General Plan on July 20, 1993 (General Plan Conformance No. 93-5 & No. 93-6). DOWNTOWN PARCEL: The public walk through leading from the alley to Fifth Street in Block 204 (AP #024-147-33) was acquired by the Redevelopment Agency on a willing seller basis for $125,783 in 1988. Again, using the same interest rates the City charges the Agency on land debt, the acquisition value is now $197,000.83 ($71,217.83 is increased value due to imputed interest). As part of the Second Block alley and street improvement project $109,000 was spent on demolition, design, and construction of the public walk through which features a fountain, benches, paving and landscaping. This parcel will continue in public use and no further redevelopment activities are anticipated on this site. The Agency will receive $306,000.83 in program income from the sale and shall apply the revenue to reduce its Main-Pier debt by $306,000.83. It should be noted that the transfer of property is based upon actual costs incurred in property acquisition and development and is not based on current market value typical of private exchange of property. CIVIC CENTER PARCELS: 1 . In November 1991 the Redevelopment Agency acquired the Civic Center parking lot parcel AP #023-041-06, a .770 net acre parcel valued at $671,000, in a property exchange agreement with Pacific Coast Homes. The City had sold its 0.281 net acre parcel valued at $245,000 to the Agency and has charged the Agency interest of $29,547.00 on the land. The Agency subsequently exchanged this parcel plus the monetary consideration of a $426,000 promissory note at 10% interest per annum -- a total accrued interest of $64,874. Other than the acquisition, the Redevelopment Agency did not participate in the parking lot expansion project. The City will purchase the parcel from the Agency and reimburse the Agency for imputed interest costs and public improvement costs, totaling $765,421 .00. The Agency will then use this program income in the Yorktown-Lake Project area and transfer it to the Main-Pier Project Area which can use the revenue to repay debt. It should be noted that the transfer of property is based upon actual costs incurred in property acquisition and development and is not based on current market value typical of private exchange of property. 2 2. In November 1991, a remnant Civic Center parking lot parcel (AP #0Y,3-041-04, a portion) was granted from Pacific Coast Homes to the City for no payment; however, the parcel was titled to the Redevelopment Agency in error. Staff recommends that this parcel be transferred to the City of Huntington-Beach. The Redevelopment Agency will not receive any consideration for this transfer. EMERALD COVE PARCELS: All Emerald Cove property except for three parcels, AP #159-141-01, 02, & 03, are held in fee by the Redevelopment Agency and were acquired in 1983. By Agency Resolution No. 56, the acquisition of these three parcels was approved through a resolution of necessity and the parcels were subsequently titled to the City in error. As a correction, staff requests that these parcels be titled to the Redevelopment Agency. The parcels were acquired through redevelopment financing; therefore, the Redevelopment Agency will not incur additional debt through the transfer of these properties. DEBT REDUCTION SUMMARY: The Main-Pier debt reduction of $1,071,421 .83 will be achieved by expending program income from th-e following property transfers and reimbursement costs: Public Walk Through $306,000.83 Civic Center Parcel $765,421 .00 Total $1,071,421 .83 The Main-Pier repayment of debt of $1,071,421.83 shall be credited in the FY 93- 94 Operative Agreement between the Redevelopment Agency and the City. As required by California Health and Safety Code 33433, a notice of the time and place of this hearing was published for at least two successive weeks prior to this date. The 33433 report was available at the time of first publication and is attached to this report as required. Funding Source: Not applicable. Alternative Actions: 1 . Do not approve the Resolutions attached. 2. Do not approve repayment of Agency debt. 3 Attachments: 1 . Agency Resolution .2y7 & City Resolution , Public Walk Through 2. Agency Resolution 2yiF5� & City Resolution , Civic Center Parking Lot Parcels 3. Agency Resolution & City Resolution s's 0, Emerald Cove- Parcels 4. Deeds: a. AP #024-147-33, Public Walk Through b. AP #023-041-06, Civic Center Parking Lot c. AP #013-041-04 (a portion), Civic Center Parking Lot d. AP #159-141-01,02,03, Emerald Cove Residential 5. 33433 Reports 6. Resolution No. 56, Emerald Cove Parcels 7. Summary of Agency Debt, June 30, 1993 8. Evaluation Summary 4 RESOLUTION NO. 65, RESOLUTION OF THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF REAL PROPERTY ON BLOCK 204 FROM THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH TO THE CITY OF HUNTINGTON BEACH 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 disposition of real property for repayment of Agency debt; and The disposition was found to be in conformance with the General Plan on July 20, 1993; and The Agency and the City Council of the City of Huntington Beach ("City Council") have conducted a duly noticed joint public hearing regarding the proposed transaction in accordance with California Health and Safety Code Sections 33431 and 33433; and The staff report pertaining to the property disposition which has been on display prior to the joint public hearing in accordance with Section 33433 of the California Health and Safety Code, contains a detailed description of the transaction; and The acquisition of the Agency's property by the City will facilitate redevelopment efforts within the Main-Pier Redevelopment Project Area. NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve as follows: Section 1 . The City of Huntington Beach hereby approves the transfer of the property identified by Assessor's Parcel number 024-147-33, Lot#/], Block 204 in the Huntington Beach tract recorded in Book 3 of the Miscellaneous Maps of Orange County, located generally between Main, 5th, Walnut and Olive Streets, in the City of Huntington Beach, from the Agency to the City. Section 2. The City Council of the City of Huntington Beach finds and determines, based upon the testimony and information presented during the public hearing with respect to the disposition that the consideration for the real property to be transferred to the City by Deed constitutes 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 previously established. The City Council further finds that the disposition is necesary to effectuate the purpose of the Redevelopment Plan applicable to the Project Area. Section 3. Pursuant to Section 15326 of the Guidelines to the California Environmental Quality Act, the transfer is categorically exempt under CEQA. PASSED AND ADOPTED THIS 6th day of December ,1993 . Mayor ATTEST: APPROVED AS TO FORM: l City Clerk City Attorney REVIEWED AND APPROVED: INITIATED AND APPROVED: i Adminis ra Director of Economic Development 2 7/transfer/11/18193 Res. No. 6550 STATE OF CALIFORNIA COUNTY OF ORANGE 3 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 6th day of December , 19_93_, by the following vote: AYES: Councilmembers: Si Iva, Barer, Robitaill . Mot on- a -terso . Winc ell. Leipzig. Sullivan NOES: Councilmembers: Mon ABSENT: Councilmembers: None i y Clerk and ex-otticio Uterk of the City Council of the* City of Huntington Beach, California RESOLUTION NO. 6551 RESOLUTION OF THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF A PORTION OF THE CIVIC CENTER PARKING LOT FROM THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH TO THE CITY OF HUNTINGTON BEACH 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 disposition of real property for repayment of Agency debt; and The disposition was found to be in conformance with the General Plan on July 20, 1993; and The Agency and the City Council of the City of Huntington Beach ("City Council") have conducted a.duly noticed joint public hearing regarding the proposed transaction in accordance with California Health and Safety Code Sections 33431 and 33433; and The staff report pertaining to the property disposition which has been on display prior to the joint public hearing in accordance with Section 33433 of the California Health and Safety Code, contains a detailed description of the transaction; and The acquisition of the Agency's property by the City will facilitate redevelopment efforts within the Main-Pier Redevelopment Project Area. NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve as follows: Section 1. The City of Huntington Beach hereby approves the transfer of the property identified by Assessor's Parcel number 023-941-06 and a portion of Assessor's Parcel number 023-041-04 and known as Parcel 6, the Southwest 1 7/yorkcown2/12/02/93 of Orange County, located generally between Main, 5th, Walnut and Olive Streets, in the City of Huntington Beach, from the Agency to the City. Section 2. The City Council of the City of Huntington Beach finds and determines, based upon the testimony and information presented during the public hearing with respect to the disposition that the consideration for the real property to be transferred to the City by Deed constitutes 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 previously established. The City Council further finds that the disposition is necesary to effectuate the purpose of the Redevelopment Plan applicable to the Project Area. Section 3. Pursuant to Section 15326 of the Guidelines to the California Environmental Quality Act, the transfer is categorically exempt under CEQA. PASSED AND ADOPTED THIS 6th day of December 1993 . Mayor ATTEST: APPROVED AS TO FORM: f � ��v�,o� City Clerk City Attorney �p 4 G1 REVIEWED AND APPROVED: INITIATED AND APPROVED: City=AAmInIstr Director of Economic Development 2 7/transfer/12/02/93 Res. No. 6551 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 6t-h day Of December 19 93 by the following vote: AYES: Councilmembers: Silva, Bauer, Robitaille, Moulton-Patterson, Winchell , Tc-ip7ig, Sullivan NOES: Councilmembers: None ABSENT: Councilmembers: None city Clerk and ex-officio verk of the City Council of the' Ci ty of Huntington Beach, California RESOLUTION NO. _6 5- _ A RESOLUTION OF THE CITY OF HUNTINGTON BEACH CONVEYING PARCELS WITHIN EMERALD COVE TO THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH Whereas, California Heath and Safety Code Section 33220 provides authority for the City to aid and cooperate in the planning, undertaking, construction or operation of redevelopment projects by selling any of its property to a redevelopment agency or by loaning money for any authorized purposes of the Agency; and The transaction herein is not a surplus property transaction within the meaning of Huntington Beach Ordinance Code Chapter 3.06 nor California Government Code Section 54220; and The sale of the City's property to the Agency will facilitate redevelopment within the Talbert Beach Project Area; and The Agency has agreed to pay to the City and the City agrees to accept as payment the fair market appraisal value of the property; and The Agency is authorized under Section 33421 of the Health and Safety Code to construct public improvements necessary to carry out the redevelopment plan and under Section 33440 of the Health and Safety Code is authorized to construct foundations, platforms and other like structural forms necessary for the utilization of air rights. NOW, THEREFORE, the City of Huntington Beach does resolve as follows: r � 7/emerald2/12/01/93 SECTION 1. The Mayor is authorized to execute the Grant Deed by and between the City of Huntington Beach and the Redevelopment Agency of the City of Huntington Beach for the sale of the following described property: Assessors Parcel #s 159-141-01 159-141-02 159-141-03 within the City of Huntington Beach, commonly known as the Emerald Cove Senior Development Project, located generally at Talbert and Jolly Streets. PASSED AND ADOPTED by the City of Huntington Beach at a regular meeting thereof held on the 6th day of Decemhe, , 1993 . Mayor ATTEST: APPROVED AS TO FORM: eo'-10� %1\ �a"gl�1L' V-TTaN Agency Clerk City Attorney A0 REVIEWED AND APPROVED: INITIATED AND APPROVED: 71E City Admi istrator Deputy City Administrator/ Director of Economic Development 2 7/emerald2/12/01/93 Res. No. 6552 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 6th day Of December 19 93 by the following vote: AYES: Councilmembers: Silva, Rauer, Robitaill(-,, Moilton-Pai-terson,Winche11 , T;P-J )zig, Sullivan NOES: Councilmembers: None - - ABSENT: Councilmembers: None City Clerk and ex-otticio MeTk of the City Council of the' City of Huntington Beach, California RESOLUTION NO. 247 RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF REAL PROPERTY ON BLOCK 204 BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AND THE CITY OF HUNTINGTON BEACH 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 disposition of real property for repayment of Agency debt; and The disposition was found to be in conformance with the General Plan on July 20, 1993; and The Agency and the City Council of the City of Huntington Beach ("City Council") have conducted a duly noticed joint public hearing regarding the proposed transaction in accordance with California Health and Safety Code Sections 33431 and 33433; and The staff report pertaining to the property disposition which has been on display prior to the joint public hearing in accordance with Section 33433 of the California Health and Safety Code, contains a detailed description of the transaction; and The acquisition of the Agency's property by the City will facilitate redevelopment efforts within the Main-Pier Redevelopment Project Area. NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach does hereby resolve as follows: Section 1. The Agency hereby approves the transfer of the property identified by Assessor's Parcel number 024-147-33, Lot#13, Block 204 in the Huntington Beach tract recorded in Book 3 of the Miscellaneous Maps of Orange County, located generally between Main, 5th, Walnut and Olive Streets, in the City of Huntington Beach, from the Agency to the City. Section 2. The Redevelopment Agency finds and determines, based upon the testimony and information presented during the public hearing with respect to the disposition that the consideration for the real property to be transferred to the City by Deed constitutes 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 previously established. The Redevelopment Agency further finds that the disposition is necesary to effectuate the purpose of the Redevelopment Plan applicable to the Project Area. Section 3• Pursuant to Section 15326 of the Guidelines to the California Environmental Quality Act, the transfer is categorically exempt under CEQA. Section 4. The Agency hereby authorizes the Chairman or the Executive Director to execute all documents necessary to effectuate the transfer. PASSED AND ADOPTED THIS 6th day of December 11993 Chairman ATTEST: APPROVED AS TO FORM: &Oa� 41A ,q3 Agency Clerk Awe c�y�C tinsel I��I REVIEWED ANDAPPROVED: INITIATED AND APPROVED: AxLecutive ec r Director of Economic Development 2 7/transfer/11/10/93 Res. No. 247 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HM4TIINGIO1 BEACH) I, C=nE HROCt M, Clerk of the Redevelopment Agency of the City of Hmuttingtoai Beads, California, DO HEREBY CERTIFY that the foregoing resoluticn was duly adopted by the Redevelopment Agency of the City of H:urtingban Beads at a meeting of said Redevelopment Agency held on the 6th day of December , 1993 , and that it was so adopted by the following vote: AYES: Members: Silva, Bauer, Robitaille, Moulton-Patterson, Winchell,ILeipzig, Sullivan IDS• Members: None ABSENT: Members: None Clerk of the Redevelopment Agency of the City of Huntington Beads, Ca. RESOLUTION NO. 251 RESOLUTION OF THE REDEVELOPMENT AGENCY OF-THE CITY OF HUNTINGTON BEACH APPROVING THE CONVEYANCE OF A PORTION OF THE CIVIC CENTER PARKING LOT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AND THE CITY OF HUNTINGTON BEACH WHEREAS, the Redevelopment Agency of the City of Huntington Beach (the "Agency") is authorized to conduct redevelopment activities within the Yorktown-Lake Redevelopment Project Area (the "Project Area"), which activities Include the disposition of real property for repayment of Agency debt; and The disposition, which is the subject of this resolution, was found to be in conformance with the General Plan on July 20, 1993; and The Agency and the City Council of the City of Huntington Beach ("City Council") have conducted a duly noticed joint public hearing regarding the proposed transaction in accordance with California Health and Safety Code sections 33431 and 33433; and The report pertaining to the property disposition which has been on display prior to the joint public hearing in accordance with section 33433 of the California Health and Safety Code, contains a detailed description of the transaction; and The acquisition of the Agency's property by the City will facilitate redevelopment efforts within the Main-Pier Redevelopment Project Area; NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach does hereby resolve as follows: Section 1. The Agency hereby approves the transfer of the property Identified by Assessor's Parcel number 023-041-06 and a portion of Assessor's Parcel number 023-041-04 and known as Parcel 6, the Southwest corner of Yorktown and Main Streets, in the Huntington Beach, from the Agency to the City. i Section-2- The Redevelopment Agency finds and determines, based upon the testimony and information presented during the public hearing with respect to the disposition that the consideration for the real property to be transferred to the City by Deed constitutes 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 previously established. The Redevelopment Agency further finds that the disposition is necessary.to effectuate the purpose of the Redevelopment Plan applicable to the Project Area. Section 3. Pursuant to Section IS 326 of the Guidelines to the California Environmental Quality Act, the transfer Is categorically exempt under CEQA. Section 4. The Agency hereby authorizes the Chairman or the Executive Director to execute all documents necessary to effectuate the transfer. PASSED AND ADOPTED THIS 6th day of December , 1993 . Chairman ATTEST: APPROVED AS TO FORM: eo�_ &t oko� Agency Clerk Ve y Counsel qJ-Ss REVIEWED AND PPROVED: INITIATED AND APPROVED: xecutive Director Director of Economic Development 2 7/yorktown/11/23/93 Res. No. 251 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HUNTINGT N BEACH) I, C7ONNIE BROCKWAY, Clerk of the Redevelopment Agency of the City of Htmtingtron Beach, California, DO HEREBY CERTIFY that the foregoing resolution.was duly adopted by the Redevelopment Agency of the City of Huntington Beach at a meeting of said Redevelopment Agency held on the 6th day of December . 1993 . and that it was so adopted by the following vote: AYES: Members: Silva. Bauer, Robitaille, Moulton-Patterson, Winchell, LeiPziq, Sullivan NOES: Members: None ABSENT: Members: None Clerk of the Redevelopment Agency of the City of Huntington Bead, Ca. RESOLUTION NO. 252 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH ACCEPTING CONVEYANCE OF PARCELS WITHIN EMERALD COVE FROM THE CITY OF HUNTINGTON BEACH Whereas, California Health and Safety Code Section 33220 provides authority for the City to aid and cooperate in the planning, undertaking, construction or operation of redevelopment projects by selling any of its property to a redevelopment agency or by loaning money for any authorized purposes of the Agency; and The transaction herein is not a surplus property transaction within the meaning of Hunti , on Beach Ordinance Code Chapter 3.06 nor California Government Code Section 54220; and The sale of the City's property to the Agency will facillitate redevelopment within the Talbert Beach Project Area; and The Agency has agreed to pay to the City and the City agrees to accept as payment the fair market appraisal value of the property; and The Agency is authorized under Section 33421 of the Health and Safety Code to construct public improvements necessary to carry out the redevelopment plan and under Section 33440 of the Health and Safety Code is authorized to construct foundations, platforms and other like structural forms necessary for the utilization of air rights. NOW, THEREFORE, the Redevelopment Agency of City of Huntington Beach does resolve as follows: i i I 7/emerald3/12/02/93 , SECTION 1. The Redevelopment Agency of the City of Huntington Beach hereby agrees to accept the Grant Deed for the following parcels: AP # 159-141-01 AP # 159-141-02 AP # l 59-141-03 within the City of Huntington Beach, commonly known as Emerald Cove Senior Development Project. SECTION 2. The chairman of the Redevelopment Agency is authorized to execute all documents and perform those acts necessary to effectuate this transaction. PASSED AND ADOPTED by the Redevelopment Agency of the City of Huntington Beach at a regular meeting thereof held on the 6th day of December 1993 . Chairman ATTEST: APPROVED AS TO FORM: Agency Clerk Agency Counsel jo,t q/4 REVIEWED AND APPROVED: INITIATED AND APPROVED: Executive Director Director of Economic Development 2 7/emerald3/12/02/93 Res. No, 252 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HODT INGTCN BEACH) I, COMM BR)MMY, Clerk of the Redevelopment Agency of the City of Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Huntington Beach at a meeting of said Redevelopment Agency held on the 6th day of December . 1993 . and that it was so adopted by the following vote: AXES: Members: Silva, Bauer, Robitaille, Moulton-Patterson, Winchell, Leipzig Sullivan NOES: Members: None ABSENT: Members: None Clerk of the Redevelopment Agency of the City of Huntington Bead, Ca. - r SUMMARY REPORT PURSUANT TO SECTION 33433 of the CALIFORNIA COMMUNITY REDEVELOPMENT LAW on a DISPOSITION AGREEMENT by and between the REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH and the CITY OF HUNTINGTON BEACH This summary report has been prepared for the Huntington Beach Redevelopment Agency ("Agency") pursuant to Section 33433 of the California Health and Safety Code. This report sets forth certain details of the proposed Disposition Agreement ("Agreement") between the Agency and the City of Huntington Beach ("City") . The Agreement requires the Agency to transfer the 2 , 675 square foot Agency owned parcel (024-147-33) located at 212 Fifth Street in return for consideration of a $306, 001. This report describes and specifies: 1. The cost of the proposed agreement to the Agency, including relocation costs, site clearance costs, toxic remediation costs, infrastructure costs and public parking costs; 2 . The estimated value of the interests conveyed, determined at the highest used permitted under the Redevelopment Plan; and 3 . The purchase price to be paid by the City for the interests being conveyed. This report and the proposed Agreement are to be made available for public inspection prior to the approval of the Agreement. A. SALIENT POINTS OF THE AGREEMENT 1. City Responsibilities Under the proposed Agreement, the City has the following responsibilities: a. The City must continue to maintain the property as a public walkway. b. The City must reduce the Agency's outstanding debt balance owed to the City by $306, 001 as 1 compensation for the Agency transferring the 2 , 675 square foot parcel to the City. 2. Agency Responsibilities The Agency is responsible for transferring the 2, 675 square foot Agency-owned parcel to the City lien free. B. COST OF AGREEMENT TO AGENCY The estimated costs of the Agreement to the Agency are as follows: Total Land Acquisition Cost $ 125, 783 Imputed Interest Cost 71, 218 Construction of Improvements 109 , 000 Total Costs to Agency $ 306, 001 C. ESTIMATED VALUE OF THE INTERESTS TO BE CONVEYED TO THE CITY DETERMINED AT THE HIGHEST USE PERMITTED UNDER THE REDEVELOPMENT PLAN The use of the subject site is limited to that of a public walkway, and therefore, public walkway represents the highest use permitted under the Redevelopment Plan. The property value has been set equal to the total of the land acquisition costs, the demolition of existing improvements, the costs to construct the walkway, a fountain, benches and landscaping and the imputed interest accrued during the period the Agency has owned the parcel. The total costs are $306, 001. D. PURCHASE PRICE PAID BY THE CITY AND REASONS FOR DIFFERENCE IN FAIR MARKET VALUE FOR THE HIGHEST USE UNDER THE REDEVELOPMENT PLAN The purchase price is set at $306, 001, which represents the established market value of the property at its highest and best use. Therefore, the Agency is receiving fair compensation for the 2, 675 square foot subject site. 2 .• L r SUMMARY REPORT PURSUANT TO SECTION 33433 of the CALIFORNIA COMMUNITY REDEVELOPMENT LAW on a DISPOSITION AGREEMENT by and between the REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH and the CITY OF HUNTINGTON BEACH This summary report has been prepared for the Huntington Beach Redevelopment Agency ("Agency") pursuant to Section 33433 of the California Health and Safety Code. This report sets forth certain details of the proposed Disposition Agreement ("Agreement") between the Agency and the City of Huntington Beach ("City") . The Agreement requires the Agency to transfer parcel 023-041-06 and a portion of parcel 013-041-04 to the City of Huntington Beach Civic Improvements Corporation in return for consideration of $765,421. This report describes and specifies: 1. The cost of the proposed agreement to the Agency, including relocation costs, site clearance costs, toxic remediation costs, infrastructure costs and public parking costs; 2. The estimated value of the interests conveyed, determined at the highest used permitted under the Redevelopment Plan; and 3 . The purchase price to be paid by the City for the interests being conveyed. This report and the proposed Agreement are to be made available for public inspection prior to the approval of the Agreement. A. SALIENT POINTS OF THE AGREEMENT 1. City Responsibilities Under the proposed Agreement, the City has the following responsibilities: a. The City must continue to maintain the property in its current use as a public parking lot. The City of Huntington Beach Civic Improvements District must continue to operate and maintain the parking lot. 1 b. As consideration for the transfer of the parcels, the City of Huntington Beach must reduce the outstanding debt balance on the City loan to the Agency by $765,421. 2. Agency Responsibilities The Agency must transfer the .77 acre Agency-owned parcel to the City of Huntington Beach Civic Improvements Corporation lien free. B. COST OF AGREEMENT TO AGENCY The estimated costs of the Agreement to the Agency are as follows: Original Agency Purchase Price $ 671, 000 Interest Paid on Acquisition Note 64,874 Imputed Interest on Land 29, 547 Total Costs to Agency $ 765,421 C. ESTIMATED VALUE OF THE INTERESTS TO BE CONVEYED TO THE CITY DETERMINED AT THE HIGHEST USE PERMITTED UNDER THE REDEVELOPMENT PLAN The use of the subject site is limited to public parking. As such, the allowed use represents the highest use permitted under the Redevelopment Plan. The property value has been set equal to the land assemblage costs plus interest paid on the acquisition note. These costs total $765,421, or $22 .82 per square foot of land area. D. PURCHASE PRICE PAID BY THE CITY AND REASONS FOR DIFFERENCE IN FAIR MARKET VALUE FOR THE HIGHEST USE UNDER THE REDEVELOPMENT PLAN The purchase price is set at $765,421. This represents the established value of the property at the highest and best use. Therefore, there is no difference between the compensation being received by the Agency and the fair market value of the property. 2 RESOLUTION NO. 56 A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOP- MENT AGENCY FINDING PUBLIC INTEREST AND NECESSITY TO ACQUIRE REAL PROPERTY IN THE TALBERT-BEACH PROJECT AREA IN THE CITY OF HUNTINGTON BEACH FOR REDEVELOPMENT PURPOSES, AND AUTHORIZING THE ACQUISITION OF SUCH PROPERTY BY EMINENT DOMAIN WHEREAS, the Redevelopment Agency of the City of Huntington Beach is proposing a redevelopment project for the Talbert-Beach area; and Acquisition of the real property referred to hereinbelow is necessary for implementing this public project; and California Health and Safety Code §33391 authorizes the Agency to acquire by eminent domain any property necessary to .carry out any redevelopment purpose, and redevelopment is an essential Agency function, NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach finds, determines and resolves as follows: . 1 . The public interest and necessity require that the Redevelopment Agency of the City of Huntington Beach acquire the real property described herein for public use for redevelopment purposes pursuant to the authorization of Health and Safety Code §33391 . 2. The real properties or interests in real properties, described herein and graphically depicted in Exhibit "A" attached hereto and incorporated herein by 'reference, are more particularly described as follows: Lots 1 and 6 of Block E of Tract No. 172 as shown on a map recorded in Book 12, page 22 of Miscellaneous Maps in the Office of the County Recorder of Orange County, California; and Lots, 1 , 2, 3, 8, 9, 13, 15, 21 , 27, 33, 39, 45, 51, 57 and 63 of Block A of Tract No. 172 as shown on a map recorded in Book 12, page 22 of [Miscellaneous Maps in the Office of the County Recorder of Orange County, California; and -1- Lots 5, 6, 47, 48, 53, 54, 59, 60, 66, 72., 89 and 95 of Block B of Tract No. 172 as shown on a map recorded in Book 12, page 22 of Mis- cellaneous Maps in the Office of the County Recorder of Orange County,• California; and Lots 1, 2, 3 , 8, 9 , 15 and 145 of Block C of Tract No. 172 as shown on a map recorded in Book. 12, page 22 of Miscellaneous Maps in the Office of the County Recorder of Orange County, California. 3. All persons .with an ownership interest in the property and whose name and address appear on the last equalized county assessment roll were duly given notice and an opportunity to be heard pursuant to Code of Civil Procedure §1245. 235. 4. A hearing on the matters set forth in Code of Civil Procedure §1240. 030 was duly held by the Redevelopment Agency on December 20, 1982 -� 5. The public interest and necessity require the proposed project. 6. The proposed project is planned and located in the manner that will be most compatible with the greatest public good and the least private injury. 7. The property described herei.n is necessary for the pro- posed project. 8. It is necessary that the taking of said property or interest in said real property be in fee simple, and acquisition of the property in fee ownership is in the manner which will be most . compatible with the greatest public good and the least private injury. 9: The Chief Executive Officer of the Redevelopment Agency, or his designee , and the Legal Counsel are hereby authorized , directed and empowered to acquire in the name of the Redevelopment Agency of the City of Huntington Beach a fee simple estate in and om to the above described real property or interest in real property 44 -� by condemnation under the laws of the State of California relating -2- to eminent domain and such .other statutes of the State as may be applicable, to commence such proceedings as are necessary for the ' acquisition of said property, and to do all things reasonably necessary for the acquisition of the property, including applying for an order fixing the amount of security by way of money deposits as the court may direct and for an order permitting the city to take possession and use of the property for the uses and purposes described herein. 10. - The real property or interest in real property which is authorized for condemnation by this resolution is situated in the redevelopment project area of the City of Huntington Beach,. County of Orange, State of California. PASSED AND ADOPTED this 20th day of December , 1982. Chairman ATTEST: APPROVED AS TO FORM: Agency Clerk A g e ncv4egal Counsel REVIEWED AND APPROVED: INITIATED AND APPROVED: Chief Executive Of cer Director, Business and Industrial Enterprise_ i -3- Res. No. 56 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HUNTINGTON BEACH) I , ALICIA M. -WENTWORTH, Secretary of the Redevelopment Agency -of the City of Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by -the Redevelopment Agency of the City of Huntington Beach at a meeting of said Redevelopment Agency held on the . ?nth day of December 19 82 , and that it was so adopted by the following vote: AYES: Members: Pattinson. MacAllister, Mandic, Finley, Bailey, Kelly -, NOES: Members: None ABSENT: Members : Thomas, (Absent from room) Secretary of the Redevelopment Agency_ of the City of Huntington Beach, Ca. EXHIBIT 1 SUMMARY OF REDEVELOPMENT AGENCY DEBT JUNE 30, 1993 TALBERT/ YORKTOWN/ HUNTINGTON ENERAL FUND: MAIN/PIER BEACH OAKVIEW LAKE CENTER TOTAL GENCY ADVANCE OF BOND PROCEEDS 4,445,000 4,445,000 NTEREST ON AGENCY.ADVANCE/BOND PROCEEDS 831,099 831,099 OTAL AGENCY ADVANCE OF BOND PROCEEDS 5,276,099 0 0 0 0 5,276,099 IRECT ADVANCES 7,040,792 0 310,864 251,383 150,097 7,753,136 NTEREST ON DIRECT ADVANCES 1,624,613 0 24,092 151,471 11,633 1,811,808 TOTAL DIRECT ADVANCES 8,665,405 0 334,956 402,854 161,730 9,564,944 NDIRECT ADVANCES 4,014,577 (0) 2,375,352 286,991 849,815 7,539,936 NTEREST ON INDIRECT ADVANCES 1,691,556 0 1,003,602 120,074 191,346 3,006,578 TOTAL INDIRECT ADVANCES 5,706,133 (0) 3,378,954 407,065 1,041,161 10,546,514 AND SALES 32,589,147 245,000 32,834,147 NTEREST ON LAND SALES 15,457,050 29,545 15,486,595 TOTAL LAND SALES 48,046,197 0 0 274,545 0 48,320,742 OTAL GENERAL FUND 67,693,834 (0) 3,713,910 1,084,464 1,202,890 73,708,300 )THER FUNDS: EWER FUND 241,933 74,770 0 0 0 316,703 RAINAGE FUND 418,199 108,592 0 0 0 526,791 AS TAX FUND 760,362 0 0 0 0 760,362 ARKING AUTHORITY FUND 116,370 0 0 0 0 116,370 ARK A AND D 2,884,691 2,884,691 APITAL IMPROVEMENT FUND 0 0 0 276,495 0 276,495 'ATER FUND 1,915,183 0 0 0 0 1,915,183 OTAL OTHER FUNDS 3,452,047 3,068,052 0 276,495 0 6,796,594 OTAL ALL CITY FUNDS 71,145,881 3,068,052 3,713,910 1,360,959 1,202,890 80,491,692 EBT TO OUTSIDE PARTIES !BPFA 13,725,355 1,879,775 3,419,000 11,401,950 30,426,080 IORTGAGES PAYABLE 798,000 0 0 217,810 0 1,015,810 MERALD COVE BONDS 0 5,710,000 0 0 5,710,000 OTAL DEBT TO OUTSIDE PARTIES 14,523,355 7,589,775 3,419,000 217,810 11,401,950 37,151,890 OTAL AGENCY DEBT 85,669,236 10,657,827 7,132,910 1,578,769 12,604,840 117,643,582 --------------------------------------------------------------------------- --------------------------------------------------------------------------- EXHIBIT 11 STATEMENT OF CHANGES IN OPERATIVE AGREEMENT DEBT FISCAL YEAR ENDING JUNE 30, 1993 MAIN/PIER TALBERT OAKVIEW YKTN/LAKE HTG CTR TOTAL BEACH INCREASES: GENERAL FUND PRINCIPAL: 0 INDIRECT COSTS 123,957 13,202 63,292 9,863 53,003 263,316 0 TOTAL GENERAL. FUND PRINCIPAL ADV. 123,957 13,202 63,292 9,863 53,003 263,316 INTEREST ON GENERAL FUND DEBT 4,864,472 512 264,850 77,646 84,613 5,292,093 INTEREST ON OTHER FUNDS DEBT 248,291 220,672 0 19,887 0 488,850 TOTAL INTEREST 5,112,763 221,184 264,850 97,533 84,613 5,780,943 TOTAL INCREASES IN CITY DEBT 5,236,720 234,386 328,142 107,396 137,615 * 6,044,259 DECREASES: GENERAL FUND PRINCIPAL 0 19,859 298,924 0 220,363 539,146 GENERAL FUND INTEREST 450,000 1,047 103,828 80,000 29,637 664,512 OTHER FUNDS PRINCIPAL 0 32,882 0 0 0 32,882 OTHER FUNDS INTEREST 0 19,158 0 0 0 19,158 TOTAL REDUCTIONS 450,000 72,946 402,752 80,000 250,000 1,255,698 NET INCREASE (DECREASE) IN DEBT 4,786,720 161,440 (74,610) 27,396 (112,385) 4,788,561 OPERATIVE AGREEMENT DEBT, JULY 1, 1992 66,359,161 2,906,612 3,788,520 1,333,563 1,315,275 75,703,130 OPERATIVE AGREEMENT DEBT, JUNE 30, 1993 71,145,881 3,068,052 3,713,910 1,360,959 1,202,890 80,491,692 Attachment 8 Transfer of Agency Property Project Area Property Costs Main-Pier Public Walk Through Land Acquistion 125,783.00 Interest 71,217.83 Construction of Improvements 109,000.00 306,000.83 Yorktown-Lake Civic Center Parcel Land Acquistion 671,000.00 Interest on Land 29,547.00 Interest on Note 64,874.00 765,421.00 Talbert Beach Emerald Cove Prior Parcels consideration given for acquisition 0 PROOF OF PUBLICATION STATE OF CALIFORNIA) SS. County of Orange ) I am a Citizen of the United States and a resident of the County aforesaid; I am `PUBuc NOTICE � 'J PUBLIC-NOTICE over the age of eighteen ears and not a NOTICE'-OF.AJOINT. years, PUBLIC HEARING.FOR party to or interested in the below THE DISPOSITION OF REAL PROPERTY � entitled matter. I am a clerk of FROM THE principal HUNTINGTON BEACH the HUNTINGTON BEACH INDEPENDENT, a REDEVELOPMENT, AGENCY TUTHE newspaper of general circulation, printed HUNTING ON BEACH and published in the City of Huntington AND FROM-THE CITY TO.THE• Beach, County of Orange, State of REDEVELOPMENT AGENCY California, and that attached Notice is a NOTICE. IS HEREBY GIVEN that the-Huntington true and complete co as printed Beach Redevelopment p copy was P Agency will .hold a joint public hearing with the City and published in the Huntington Beach Council of the City of'Hun- tington Beach pursuant to and Fountain Valley Issues of Said the requirements.ofSection 33433 ;of the 'California newspaper to wit the issue(s) of: Health and Safety,Code on Monday; :_December 6, 1993, at 7:00 PM, or soon thereafter. as.'the' matter may be heard,in the Coun- cil Chambers; Huntington Beach`Ci.ty Hall,-2000 Main November 18, 25, 1993 Street, .Huntington Beach, California,-92648, for. the purpose of-transfemng title of several of the Redevel- opment Agency parcels lo- sated in the Main-Pier.and Yorktown-Lake project areas-to the City.of_Hun= tingtoni Beach. The Main- I declare, under penalty of perjury, that Pier parcels are the.-police substation and; a'public the forecroing is true and correct. walk-through; , the �7 Yorktown-Lake parcels are Civic Center parking areas. The joint public-hearing is also.Field.for the.purpose of,transferring City owned EXecuted on November 25 , 199 3 parcels- In Emerald-Cove (Talbert-Beach Project at Costa Mesa, California. Area) to: the Redevel= opment Agency.- Any person or organiza- tion interested.in express- ing an opinion on this mat- ter.is'invited.tor attend.the public-,-hearing-and,.offer testimonya- Dated this 15th day of November;1993.- By:Connie Brockway, Clerk Published Huntington Signature Beach-Fountain:-Valley.In- dependent November 18, 25,1993. 1'13th469 ^1 S• 33H3 �ert• �Ctep Lot of 1*40c, AtSam t� so reAJ a Ia. i c.u. beTtA �. -b 'FM... �eR co-rol �, ( xst�,9 i�x d /- FAY ���� �� — lie Nor un or 1111116101 mn PUBLIC NOTICE , ;9p _ NOTICE OF A JOINT PUBLIC HEARING FOR THE DISPOSITION OF REAL PROPERTY FROM THE HUNTINGTON BEACH REDEVELOPMENT AGENCY TO THE CITY OF HUNTINGTON BEACH AND FROM THE CITY TO THE REDEVELOPMENT AGENCY NOTICE IS HEREBY GIVEN that the Huntington Beach Redevelopment Agency will hold a joint public hearing with the City Council of the City of Huntington Beach pursuant to the requirements of Section 33433 of the California Health and Safety Code on Monday, December 6, 1993, at 7:00 PM, or soon thereafter as the matter may be heard, in the Council Chambers, Huntington Beach City Hall, 2000 Main Street, Huntington Beach, California, 92648, for the purpose of transferring title of several of the Redevelopment Agency parcels located in the Main-Pier and Yorktown-Lake project areas to the City of Huntington Beach. The Main-Pier parcels are the police substation and a public walk-through; the Yorktown-Lake parcels are Civic Center parking areas. The joint public hearing is also held for the purpose of transferring City owned parcels in Emerald Cove (Talbert-Beach Project Area) to the Redevelopment Agency. Any person or organization interested in expressing an opinion on this matter is invited to attend the public hearing and offer testimony. Dated this 15th day of November, 1993. By: Connie Brockway, Clerk For publication: November 18th and 25th, 1993 y BUXUARY REPORT VURSUAHT TO SECTION 33433of S c, CALIFORNIA COIOMITYhRRDRVELOPXBn LAW on a DIBMITIOE AOREMOM by and between the REDEVELOPXZNT AGENCY OF THE CITY 07 RMINGTON BEACH and the CITY OY HU1A'l'IMOT0X BEACH This summary report has been prepared for the Huntington Beach Redevelopment Agency ("Agency") pursuant to section 33433 of the California Health and Safety Code. This report sets forth certain details of the proposed Disposition Agreement ("Agreement") between the Agency and the City of Huntington Beach ("City") . The Agreement requires the Agency to transfer the Agency owned parcels at 200 and 204 Fifth Street in the City of Huntington Beach to the City in return for consideration of a $1,027,311.-. This report describes and specifies: 1. The cost of the proposed agreement to the Agency, including relocation costs, site clearance costs, toxic remediation costs, infrastructure costs and public parking costs; 2. The estimated value of the interests conveyed, determined at the highest used permitted under the Redevelopment Plan; and 3. The purchase price to be paid by the City for the interests being conveyed. This report and the proposed Agreement are to be made available for public inspection prior to the approval of the Agreement. A. SALIENT PDXVT8 OF THE AGREEMENT 1. C ty Restagnaib lities Under the proposed Agreement, the City has the following responsibilities: a. The City must continue to use the property as a police substation. Ancillary office uses are allowed on the projects second floor. 1 VJ Y b. The city .must reduce the Agency's outstanding debt balance by $1,0270311 to compensate the Agency for transferring the two parcels, improved with the Shank House to the City. 2. agency_RegRonsibil ties The Agency must transfer the two Agency-owned parcels to the City lien free. B. COOT OF AGRD[EKENT TO AaUCY The estimated costs of the Agreement to the Agency are as follows: Total Land Acquisition Cost $ 453,213 Imputed Interest Cost 246,775 Relocation costs 100,000 Rehabilitation of Improvements 221 J Total costs to Agency $1,027,311 G. Z8TMTBD VALUE OF TgE INTERESTS TO BE CONVEYED TO THE CITY DET$RKZNBD AT THB RIGR BT VON PERMITTED MWZR THE REDBVBLOPXZNT VLAli The project is restricted to use as a police substation, and ancillary commercial uses on the second floor of the building. Given this ongoing restriction, the existing use represents the highest use permitted under the Redevelopment Plan. The property value has been not equal to the total of the land assemblage costs, the costs to rehabilitate the Shank House and the imputed interest costs accruing between the date of the Agency's acquisition and the date of the transfer to the City. The total costs are $1,027,311. D. PURCHASE PRICK PAID BY THE CITY AND RZABONS FOR DIFFERENCE IN PAIR MARKET VALUE FOR TUB HIGHEST VON UNDER THE REDEVELOPXIW PLAN The purchase price is set at $1,027,311, which represents the established fair market value of the property. Therefore, the Agency is receiving fair compensation for the subject property. 2 BUXKARY REPORT PURSUANT TO BRCTION 33433 of the CALIFOR]TIA. CCMMXTY REDMMLOPJ(ZNT LAID oft a DIBPOSITZON AOREMKM by a4d between the RED31MOMM AGUCY OF THE CITY OF HUNTINGTON BEACH and the CITY OF =NTIHOTOR $EACH This summary report has been prepared for the Huntington Beach Redevelopment Agency ($'Agency") pursuant to Section 33433 of the California Health and Safety Coda. This report sets forth certain details of the proposed Disposition Agreement ("Agreement") between the Agency and the City of Huntington Beach ("City") . The Agreement requires the Agency to transfer the 2,675 square foot Agency owned parcel (024-147-33) located at 212 Fifth street in return for consideration of a $306,001• This report describes and specifies: 1. The cost of the proposed agreement to the Agency, including relocation costs, site clearance costs, toxic remediation costa, infrastructure costs and public parking costs; 2. The estimated value of the interests conveyed, determined at the highest used permitted under the Redevelopment Plan; and 3. The purchase price to be paid by the City for the interests being conveyed. This report and the proposed Agreement are to be made available for public inspection prior to the approval of the Agreement. A. SALXXXT POINTS OF T92 AGREEXE M 1. City Responsibilities Under the proposed Agreement, the City has the following responsibilities: a. The .City must continue to maintain the property as a public walkway. b. The city must reduce the Agency's outstanding debt balance owed to the City by $306,001 as 1 compensation for the Agency transferring the 21675 square loot parcel to the City. 2. AaffinCyUgnonalbilitija The Agency is responsible for transferring the 21675 square foot Agency-owned parcel to the City lien free. B. COST OF ACRBiIILiM TO AGNUCY The estimated costs of the Agreement to the Agency are as lollvws: Total Land Acquisition cost $ 1250783 Imputed Interest Cost 71,218 Construction of Improvements 109.o00 Total Costs to Agency $ 306,001 C. EBTXIMTED VA&VA OF TIN INTBRI46TB TO Bib CONVXYED TO TBIR CITY DBTBAMIIiED AT TUR 11IC886T II08 PUMITTED' UNV3 s THE RED3IVXLOPXENT PLAN The use of the subject site is limited to that of a public walkway, and therefore, public walkway represents the highest use permitted under the Redevelopment Plan. The property value has been set equal to the total of the land acquisition costs, the demolition of existing improvements, the costa to construct the walkway, a fountain, .benches and landscaping and the imputed interest accrued during the period the Agency has owned the parcel. The total costs are $306,001. D. PCRCRABR PRICE PAID BY THE CITY AND REASONS FOR DIMSENCE IN FAIR MRSET VALVg FOR TR8 8IC$E8T 962 MMER T8E RBDEVELOPIiM PLAID The purchase price is set at $306,001, which represents the established market value of the property at its highest and beat use. Therefore, the Agency is receiving fair compensation for the 2,675 square foot subject site. 2 11-12-1993 11:30 213 622 5204 KEVSER MARSTON ASSOC. p.O2 BMD"Y REPORT PURSUANT TO BECTION 33433 of the CALIFORNZA CONKUNITY INDEVELOPXZNT LIM as a DISPOSITION AOR$EKEM by and between the REDEVELOPXZNT AGENCY OF TK8 CITY OF EUNTZNBTON BRACE "d the CITY OF HUNTINGTON BRACE This summary report has been prepared for the Huntington Beach Redevelopment Agency ("Agency") pursuant to Section 33433 of the California Health and Safety Code. . This report sets forth certain details of the proposed Disposition Agreement ("Agreement") between the Agency and the City of Huntington Beach ("City") . The Agreement requires the Agency to transfer parcel 023-041-06 and a portion of parcel 013-041-04 to the City of Huntington Beach civic Improvements Corporation in return for consideration of $765,421. This report describes and specifies: 1. The cost of the proposed agreement to the Agency, including relocation costs, site clearance costs, toxic remediation costs, infrastructure costs and public parking costs; 2. The estimated value of the interests conveyed, determined at the highest used permitted under the Redevelopment Plan; and 3. The purchase price to be paid by the City for the interests being conveyed. This report and the proposed Agreement are to be made available for public inspection prior to the approval of the Agreement. A. SALIM POINTS OF THE AOREXaM 1. City Rests nsibil ties Under the proposed Agreement, the City has the following responsibilities: a. The City must continue to maintain the property in its currant use as a public parking lot. The City of Huntington Beach civic Improvements District must continua to operate and maintain the parking lot. 1 '11-12-1993 11:30 213 622 S204 KEVSER MARSTON ASSOC. P.03 b. As consideration for the transfer of the parcels, the City of Huntington Beach must reduce the outstanding debt balance on the City loan to the Agency by $765,42.1. 2* agency Responsibilities The Agency must transfer'the .77 acre Agency-owned parcel to the City of Huntington Beach Civic improvements, Corporation lion free. Be COST 07 AGREMENT To AGENCY The estimated costs of the Agreement to the Agency are as follows: Original Agency Purchase Price $ 671,000 Interest Paid on Acquisition Note . . . 64,874 Imputed Interest on Land 29 .547 Total Costs to Agency $ 765,421 C. EATIMhTED VALUE OF THE INTERESTS TO BE CONVEYED TO THE CITY DETERKI]ffzn AT TUN HIGHEST OAE PERHIT4'ED UNDER THE RIDEVSLOPKENT PLAN The use of the subject site is limited to public parking. As such, the allowed use represents the highest use permitted under the Redevelopment Plan. The property value has been not equal to the land assemblage costs plug interest paid on the acquisition note. These costs total $765,421, or $22.82 per square foot of land area. D. PURCHASE PRICE.PAID BY THE CITY AND REASONS FOR DIFFERENCE IN FAIIt fL MZZT VALUE FOR THE HIGHEST USE UNDER TUN REDSVELOPXX)iT PLAN The purchase price is sot at $765,421. This represents the established value of the property at the highest and best use. Therefore, there is no difference between the compensation being received by the Agency and the fair market value of the property. 2 // 'F 1 I3 / - 13eN� 0 rl �_ Ti►a�l 111t 011011116101 HAIN PUBLIC NOTICE NOTICE OF A JOINT PUBLIC HEARING FOR THE DISPOSITION OF REAL PROPERTY FROM THE HUNTINGTON BEACH REDEVELOPMENT AGENCY TO THE CITY OF HUNTINGTON BEACH AND FROM THE CITY TO THE REDEVELOPMENT AGENCY NOTICE IS HEREBY GIVEN that the Huntington Beach Redevelopment Agency will hold a joint public hearing with the City Council of the City of Huntington Beach pursuant to the requirements of Section 33433 of the California Health and Safety Code on Monday, December 6, 1993, at 7:00 PM, or soon thereafter as the matter may be heard, in the Council Chambers, Huntington Beach City Hall, 2000 Main Street, Huntington Beach, California, 92648, for the purpose of transferring title of several of the Redevelopment Agency parcels located in the Main-Pier and Yorktown-Lake project areas to the City of Huntington Beach. The Main-Pier parcels are the police substation and a public walk-through; the Yorktown-Lake parcels are Civic Center parking areas. The joint public hearing is also held for the purpose of transferring City owned parcels in Emerald Cove (Talbert-Beach Project Area) to the Redevelopment Agency. Any person or organization interested in expressing an opinion on this matter is invited to attend the public hearing and offer testimony. Dated this 15th day of November, 1993. By: Connie Brockway, Clerk For publication: November 18th and 25th, 1993 Z / 5� �/� (ITTIF 666II16101 IMP PUBLIC NOTICE J NOT E OF UBLIC HEARING FOR THE DISPOSITION F REAL PROPER FROM THE HUNTINGTON BEACH REDE LOPMENT AGENCY TO CITY OF HUNTINGTON BEArNCY FROM THE CIT TO THE REDEVELOPMENT A V r�y Cw L brr NOTICE IS HERE GIVE th the Hunt' gton Beach Redevelopment Agency will hold a ublic he ursuantto the requirements of Section 33433 of the California Health an afet. Code on Monday, December 6, 1993, at 7:00 PM, or soon thereafter the matter may be heard, in the Council Chambers, Huntington Be ty Hall, 2000 Main Street, �� Huntington Beach, California, 9 48, for a purpose of transferring title of '� several of its parcels located the Main-Pie d Yorktown-Lake project areas to the City of Huntmi bn Beach. The M -Pier parcels are the police substation and a p blic w -/thro the YQro ake c s aryp ivic Center parking areas. ity owned parcels in Emerald ve (Talbert-Beach Project Area) d to the Redevelopment A cy. Any person or rganization interested in expressing an opinion o this matter is invited to end the public hearing and offer testimony. Dated s 15th day of November, 1993. By: Connie Brockway, Clerk For publication: November 18th and 25th, 1993 • LJ CITY OF HOHTIH6TOH HCACH PUBLIC NOTICE NOTICE OF PUBLIC HEARING FOR THE DISPOSITION OF REAL PROPERTY FROM THE HUNTINGTON BEACH REDEVELOPMENT AGENCY TO THE CITY OF HUNTINGTON BEACH AND FROM THE CITY TO THE REDEVELOPMENT AGENCY NOTICE IS HEREBY GIVEN that the Huntington Beach Redevelopment Agency will hold a public hearing pursuant to the requirements of Section 33433 of the California Health and Safety Code on Monday, December 6, 1993, at 7:00 PM, or soon thereafter as the matter may be heard, in the Council Chambers, Huntington Beach City Hall, 2000 Main Street, Huntington Beach, California, 92648, for the purpose of transferring title of several of its parcels located in the Main-Pier and Yorktown-Lake project areas to the City of Huntington Beach. The Main-Pier parcels are the police substation and a public walk-through; the Yorktown-Lake parcels are Civic Center parking areas. City owned parcels in Emerald Cove (Talbert-Beach Project Area) will be transferred to the Redevelopment Agency. Any person or organization interested in expressing an opinion on this matter is invited to attend the public hearing and offer testimony. Dated this 15th day of November, 1993. By: Connie Brockway, Clerk For publication: November 18th and 25th, 1993 Lo F1, PUBLIC NOTICE NOTICE OF PUBLIC HEARING FOR THE DISPOSI ON OF REAL PROPERTY FROM THE HUNTINGTON BEACH DEVELOPMENT AGENCY TO THE CITY OF HUNTINGTON B ACH AND FROM THE CITY TO THE REDEVELOP NT AGENCY NOTICE IS HEREBY GIVEN that a Huntington Beach Redevelopment Agency will hold a public hearing ursuant to the requirements of Section 33433 of the California Health d Safety Code on Monday, November 15, 1993, at 7:00 PM, or soon the after as the matter may be heard, in the Council Chambers, Huntm n Beach City Hall, 2000 Main Street, Huntington Beach, Califo 'a, 92648, for the purpose of transferring title of several of its parcels loc ted in the Main-Pier and Yorktown-Lake project areas to the City of H tington Beach. The Main-Pier parcels are the police substation and a public walk-through; the Yorktown-Lake parcels are Civic Center parking are4s. City owned parcels in Emerald Cove (Talbert-Beach Project Area) *, be transferred to the Redevelopment Agency. Any person or organization interested in expressing an opinion on this matter is invited to attend the public hearing and offer testimony. Dated this 29th day of October, 1993. By: Connie Brockway, Clerk For publication: October 30th and November 6th— /4� L4- . HUNTINGTON BEACH , FOUNTAIN VALLEY rONEA all mum lwftl da";&Imall "Wwww" THE NEWPORT BEACH•COSTA MESA PILOT • Client Reference # Independent Reference Dear Advertisers: Enclosed please find clipping of your ad from the first publication, beginning If you need any changes or corrections, please call ue at your earliest convenience. The cost of this publication will be $ Ul3 Thanks for your cooperation and patronage. Sincerely, Gudy tting Manager Legal Advertising Manager 330 West Bay Street, Costa Mesa, CA 92627 (714) 642-4321 FAX(714)631-5902 r� [ t�M�TlCE ` •_ 3. PUBLIC NOTICE`, �IOTsrGE�O� PUBLIC.IiEA.... IrtFOR THE DIS I�I AON OF REAOPERTY' NUNTINGTONBEACH' A x+REDEVEL+OP,�MENT$. AGifinel .O.THE3-' CIT1t,y/•OF . ` HUNTINGTON BEACH'- A`NDfROMRTHE CITY; 3TiO THE �REDE'•VEL�GWJP NT. NOTIC-E'r!PS WHEREBY GIVEN thaWthe:Aunfington Be'ach:. Rede.A--Mep� Agency,w�llf hold�a�public tiearirig;pursu'anI toA.i re'`: quirements` of•y Section. 33433 'ot lhe'sCA` riiia Health and$a4etyrCode.on Monday�}Navem ber 15; 1993 at7 00 PM or soon thereafter as the matter may be@heartl in_�hejCoui cil vCh"ambers., Huntington Beach-:Chy,Halll`0 Main Stieet; HunLngton c:Beach° CeUfornia,92648 J r- fhe 1.Q el eer l lofr its-' arC cated intherlNain`�Pier and Yorktown Lakke. rolect areas ao the�City M Ffun tington`A3each 1Tfi`e_" Wain- Pier<parcels;are;the police substations and 'a public walk=thro�ug,g ttfe� Yorktow,Lake p""arce11 aa`re ICI Ic Center'p�rkng areas Cy owe ipa{ceeIs �nEm; emerald C'o�ve (Tbert Beach Protect Area)'f HIII be trans5 :tferred '*to`fthe.y Redevelop= ment Agenc y person or,orgpza` tion' interested' n express= -,immn opinion on this mat; ier.i tinvited to attend.Rol i, ,public-ihlearing •and +oHe� `A testimony , Dated this 29th day of'Octber'1993 ` By:Cgrin q.-Brockway Publsh;e)d H.u�ntmgto'n Beach-Fountain -Valley in- dependent October 30,No- x vember6 ]993; _ . PROOF OF PUBLICATION STATE OF CALIFORNIA) ) SS. County. of Orange ) PUBLICAOTICE -J :PUBLIC=NOTICE I I am a Citizen of the United States and a NOTIdEOF_ PUBLIC.HEARING' resident of the County aforesaid; I am FOR:THE.DISPOSITIONI OF REAL.PROPERTY over the age of eighteen years, and not a FROM:THE: . HUNTINGTON BEACH, party to or interested in the below REDEVELOPMENT entitled matter. I am a principal clerk of AGENCY TO THE - CITY OF _ . HUNTINGTON BEACH the HUNTINGTON BEACH INDEPENDENT, a AND.FROMTHECITY newspaper of general circulation, printed R EDETO THE VE-LOP.MENT AGENCY and published in the City of Huntington NOTICE`' IS-,HEREBY Beach, County of Orange, State of GIVEN that th6valotment Beach Redevelopment Agency will hold`a:public California, and that attached Notice is a hearing pursuant tSection quirements of Section true and complete copy as was printed 33433`_.of-the California Health and Safety:Code on and published in the Huntington Beach Monday, November:1993, at 7:00 PM,:or soon and Fountain Valley issues of said thereafter may 6e heard;d, the matter in the Coun- cil 'Chambers,-'Huntington newspaper to wit the issue(s) of: Beach City Hall,260.0 Main Street;'California u 92648 n forto eathe purpose of transferring.title of several of its_parcels lo- October 30 1993 cated in the,Main-Pier and r Yorktown=Lake project areas to the"City of_Hun- tington Beach.,The Main- Novaitber 6 1993 Pier parcels are:the police r substation and. a -public walk-through; the Yorktown-Lake parcels are Civic Center.parking areas. City owned parcels in Em- declare, under penalty of perjury, that er Projo Cove ect-Area):Talbert-Beach ' :will be trans- the foregoing is true and correct. (erred a the" Iaedevelop Q ment Agency: Any person.or'organiza- tion interested in express- ing an opinion on this mat- ter 1q)nvited.to attend the Executed on November 6 , 199 3 public 'hearing and .offer testimony. at Costa Mesa, Dated r' '"'9th day California. of October 1993 Bye Connie Brockway; Clerk Published Huntington` -Beach-Fountain.Valley In= dependent,October 30,.Na vember 6,1993. Signature C. ��,-ct..off•-���_� ��-- /c`- 9.3 PROOF OF PUBLICATION STATE OF CALIFORNIA) ) Ss. County. of Orange ) I am a Citizen of the United States and a resident of the County aforesaid; I am over the age of eighteen years, and not a PUBLic:-NOTicE party to or interested in the below PU611.9&NOTICE NOTICE OF entitled matter. I am a clerk of PUBLIC.FIEARING principal FOR,THCRI$POSITION; the HUNTINGTON BEACH INDEPENDENT, a OFREAL•'PROPERTY newspaper of general circulation, printed NUNTINGTON4BEACH REDEVELOPMENT and published In the City of Huntington ACENCr.TofrHE c TY OF Beach, County of Orange, State of HUNTIN6TON_BEACH ;AND FROM THE CITY California, and that attached Notice is a TQ THEf A ENT true and complete copy as was printed RED EA6E CYM- NOTICE =1S-HEREBY and published in the Huntington Beach GIVEN that the•Huntington Beach Rede.vel'opment- and Fountain Valley issues of said Agency will hold- public hearingOAlfguant fo'=aha re- newspaper to wit the issue(s) of: qu item ents:<ot section 33433 of the California Health.and.SafetyCode on Monday; 'November 15, 4993, at-7:00 PM;.&soon thereafter as9--the: matter October 30, 1993 may-be heard,`ih-the`Coun- cil ';Chambers;^Huntington Beach City:Hall;2000.Main November 6, 1993 street, Huntington"Beach, California 92648,:for the purpose of transferring title of several of its'parcels lo- cated:in the Main-Pier and Y•oktown=Lake .''project areas to the:City:of Hun- declare, under penalty of perjury, that tington Beach.`The Main- Pier parcels are (he police the foregoing is true and correct. substation;,ragd�:ua :public walk-thrbu'g'h tRe Yorktown-Lake parcels are Civic Center parking areas. City owned parcels'in Em-, erald Cove (Talbert-Beach! Executed on November 6 , 199 3 Project Area)X1 be trans- ferred to the, Redevelop= at Costa Mesa California. meni. 9ency€` Any person, or_organiza- tion interested in;express- ing.an opiri(on'orilhis mat- ter is invited-to attend the public ,Nearing'"and offer testimony. Dated thls+29th day of detober:.1993. By Connie Brockway, Clerk Published Huntington Beach-Fountain -.Valley In- Signature dependent October 30,No- vember 6;1 @33- HUNTINGTON BEACH , FOUNTAIN VALLEY THE NEWPORT BEACH•COSTA MESA PILOT A. Client Reference # 3 3 4��3 Independent Reference # lv�f Dear Advertisers: Enclosed please find clipp of your ad from the first publication, beginning / If you need any changes or corrections, please call me at your earliest convenience. The cost of this publication will be Thanks for your cooperation and patronage. Sincerely, Oudy tting Manager Legal Advertising Manager 330 West Bay Street, Costa Mesa, CA 92627 (714) 642-4321 cAV/7IAl G•71_Cn/)i 1 PUBLlC NOTICE ;' °-NdTICE`OF`.A.JOINT PUBLIC NEARING'FOR 1 THE OiSPOSITION OF" REALR11RQp!c�RTY re P. :`HUNiTj1NGTON BEACH , REDEVELOPMENT AGENCY T4THE -HUNTINGTONBEACH 'AND-FRO E.,;'= °GITY TO'T&HE - - - ;RED� AGENCYIIIIENT NOTICE IS.-,HEREBY �Bqdac;,. GIVENathat te"Fu[itington :Redevelopment Agency,will tioltl-.:"a :Joint publlchearing wl% the.Clty CouncEl of.theme.City-43T Mqn- fington`A_,q. i{p'ursuantyjo tha requirements of.'Section; 33433of- thaGalifo►nia: Healih and.S..... a y Code,:on Monday; xUecemtie�_";,6, 1993"�at 7. 0' orsoon` thereafter as In matter; may be heard i' tha C,ou'n ell Chambers,:Huntington Beacl`r'City.Ha11;g2000_Main: St'rei&, Huntington Beach; California, 92&8;,-for- the' purpose;of transfertfng title of several of+the:'Redevel- opmerit;A'en ®p,`aroels:Io catedgin the din-Pier and Yo►,ktown-Lakes prolectj areas Ito the,Cityty . Hun tinglorir: ach �fhe Main-: Pier;°parcels ere the=police) Su6staUon an a.,.pu'blic' w.al:k=t.h,roug,n t.the, Yoiktown-t ali0. rcels:;are; Civic Center parking aeeasi� Tha lot publlg hearing;is also;held for xthe purpose) o �ransfemngwCity owned paroels in Emerald Cove` (Talbert-Beach Project] Area)..to _the Ra iiveN opmeat Agency. - Ariy�personf,or,oM nks tio,wAnterested,in express, ing-an opinion-on tfils mat- teaii;invltetl':4to attend the; pubfkc hearing•and offer, testimony. ;DatedYthiafISth day; oflNovember,l 1993 BwCoMlavrockvvey, Clerk: L r Publisfiedt Huntington Beach=Fountain Vatley dependent`; November 18, 25 1993If- - -•.11�1 9. PROOF OF PUBLICATION STATE OF CALIFORNIA) ) SS. County of Orange ) I am a Citizen of the United States and a resident of the County aforesaid; I am PUBLIC NOTI;E over the age of eighteen years, and not a CANCELt:ATION OF PUBLIC HEARING' party to or interested in the below TO BE RESET FOR 12/6/93 entitled matter. I am a principal clerk of (DISPOSITION OF REAL P,ROPERTY., the HUNTINGTON BEACH INDEPENDENT, a FROM THE er of general circulation, printed HUNTIHGTON BEACH_ newspap er REDEVELOPMENT and published in the City of Huntington AG TO-THE * 'CITY of HUNTINGTON BEACH Beach, County of Orange, State of AND FROM THE California, and that attached Notice is a Reg tl PMENT :r 'AGENCY :. true and complete copy as was printed NOTICE;`, IS•;HEREBY' GIVEN that WwHuntington and published in the Huntington Beach Beach;-Redevelopment Agency:3will;hold a public and Fountain Valley issues of said hearing pursuant.to there fquirements -of Section newspaper to wit the issue(s) of: !Healt of the _California 'iHealth and Safety-Code tor the purpose of dansfemng title•_o`fiseveral:bf its parcels located_;.In.the Main-Pier.• and Yorktown-Lake project areas;to�the,-.City.of,Hun- tir on-:Beach. The Main Novemmber 11, 1993 Pier parcels"are the police substation,'?and.,.a -public w-ad&k Vhroru'igh;. :the Yorktown-Lake parcels-are Civic Center_.parking areas. City_owned.parcels.in.Em- erald Coye (Talbert Beach declarer under pen .alty ,of perjury, that Protect Area) wit&be trans= , (erred.:to the-Redevelop• Q ment Agency. the foregoing is true and correct. =;Connie Broek--{ (way,Clerk Published Hulintington {Beach-Fountain_�Valley In- dependent November. 11; Executed on November 11 1991 �W at Costa Mesa, California. 12ti438 "Signature PROOF OF PUBLICATION STATE OF CALIFORNIA) SS. County of Orange ) I am a Citizen of the United States and a resident of the County aforesaid; I am over the age of eighteen years, and not a — party to or interested in the below = -PUBLIC NOTICE CANCELLATION OF entitled matter. I am a principal clerk of PUBLIC HEARING; p P TO BE RESET " the HUNTINGTON BEACH INDEPENDENT a FOIR.tz/6/sa . DISPOSITION OF newspaper of general circulation, printed REAL PROPERTY FROM THE and published in the City of Huntington HUNT.INGTON BEACH REDEVELOPMENT, ' Beach, County of Orange, State of AGiMY TO OFTHECITY . California, and that attached Notice is a HUNTINGT ON.BEACH AND FROM THE true and complete copy as was printed RE THE EVELO ENT" and published in the Huntington Beach AGENCY and Fountain Valle issues of said NOTICE .IS HEREBY] y GIVEN that the Huritingtoni Beach .Redevelopment) newspaper to wit the issue(s) of: Agency will hold a.public hearing_pursuant to the're- quirements of S..ection 33433 .of the California "'Health and Safety Code for the purpose of.transferring title of'several of Its- ts parcels Navembex 11, 1993 located (n tneL Main-Pier and Yorktown-Lake.project areas to.the City of Hun- tington Beach. The Main-. Pier. Is are the police substation and a public walk-through; the P fl a I Yorktown-Lake.parcels are r1 I declare, under ninna.ty of periury; that Civic Centerparking;areas. City owned parcels in�Em- the foregoing is true and correct. erald Cove..(Talbert-Beactf �7 (Project Area) will be trans- ferred.� to..,the Redevelop-ment Agency.:,.: By: Connie Brock- way,-Clerk- Executed on November 11 , 199 -3 way,Clerk Huntington �BeaPubfis�ed ch=Fountain_ Valle it-! at Costa Mesa, California. dependehtr,November .11;1 i1993. -f: 112thQ Signature