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ARA2002-06RESOLUTION NO. Ai~.2002-6 RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT WITH WL HOMES, LLC, DBA JOHN LAING HOMES REGARDING §.3 ACRES LOCATED AT 124 WEST SANTA ANA STREET AND .MAKING CERTAIN ENVIRONMENTAL AND OTHER FINDINGS IN CONNECTION THEREWITH WHEREAS, the Anaheim Redevelopment A.,0ency (the "Agency") is engaged !rT!piementatior; of the "Redevelopment Plan" for the Commercial Industrial Redeve;opmeF. t Project (the "Redevelr;prnent PrOject"); and WHEREAS, Section 33430 of the California Community Redevelopment Law (P, ealth & Safety Code 33000, et seq.: "CRt.") author;zes the Agency to sell or lease real property for rede¥'e:oprnent purposes; WHEREAS, in crder to implement the Redevelopment Plan, the Agency proposes to enter into a certain Disposition and Development Agreement dated as of October 22, 2002 (the "'~'""~"~ witr; W L Homes. ~ "' · ' L ...... dba John Laing Homes (the "DevelopeF') pursuant to which (a) ;he Agency wou!d sell to Developer that certain real property commonly known as 124 West Sam~ Ann (~he "Proper(y"); (b) Developer would construct housing on the Property, a poAion cf which wout,'~ be restricted for' sale to and occupancy by Iow- or moderate-income persons or f~_:miiies at affordable housing costs for the pedod of the covenants set fo, th therein; (c) Devsi.~:per would construct certain requPed public improvements (the "Project"); and WHEREAS, in its current condition, the Proper~y is a blighting influence on the Redeve!opn-,.ent Project area; and WHEREAS, the Prqiect w!li rem. ove the blighting influence described above and increase the ccmmunity's supply of ov;.'r;er-occupied housing, including housing available to iow and moderate in~;srr,]e households at affordable i',ousing costs; and WHEREAS,. the public irr;provemen~s contemplated for the PrOject are a reasonable and fu:ndamenial component, thereof, directly beF, efit housing for Iow- or moderate-income persons there:,n ¢r~d are of be?~efit to the Redeve',opment Project or the immediate nei§hborhood in which the Redevelopment Project is located; a:',d WHEREAS, no othe~ i'easonable means ~:,f financing the public irr~provements are avsilcble to the c,.'mmunity, and the payment of funds for the acquisition of the public improvemen,~s wi:l assist in the eliminador'~ of one or more blighting conditions inside the Redsvelopment Pro!ect area and the prcvisior, of housing affordable to tow and moderate ir~come households, 8nd is consistent with the h'aplementatiorl plan adopted pursusnt to Section '33490 of the CRi_; and WHEREAS, pursuant to Section 33433 of the CRL, the Agency is authorized, with the approval of the City Council of the City of Anaheim after public hearing, to sell or lease the Property for development pursuant to the Redevelopment Plan upon a determination by the City Council that the consideration for such sale or lease is not less than fair reuse value at the use and with the covenants and conditions and development costs authorized by the sale or lease; and WHEREAS, in connection with the DDA, Agency staff has prepared, and the Agency has reviewed and considered, a "summary report" setting forth: (a) tile cost of the E)DA to the Agency; and (b) the estimated value of the interests to be sold to Developer, determined at the highest and best uses permitted under the Redeve',opment Pian; and (c) the estimated value of the ',nterests to be sold, determined at the uses and with the conditions, covenants and development costs required by the sale; and (d) the purchase price for the Proped, y; and WHEREAS, the DDA contains all of the terms, covenants, conditions, restrictions, obligations and provisions required by state and local law; and WHEREAS, in accordance with CRL Sections 33333.3 and 33352(k), the California Environmental Q[~ality A~ (California Public Resources Code Section 21000 et seq.: "CEQA"), and the State CEQA Guidelines (Title 14, California Code et Regulations Section 15000 el.seq.: "CEQA Guideiines") relating to environmental evaluation of public and private projects, the Agency caused an environmental impact report ("EIR") to be prepared and certified which identified and analyzed the potential environmental impacts associated with ph'blic and Private activities under, ken to implement the Redevelopment Plan within the Redevelopment Project; and WHEREAS, CEQA Section 21090 provides that all public and private activities or undertakings pursuant to, or in furtherance of, a redevelopment plan shall be deemed to be a single project; an:ptif3,ing this, Section 15180 of the CEQA Guidelines provides that the EIR for the Redevelopment Plan shall be treated as a program EIR with no subsequent EIRs required for individual components of the Redevelopment Plan unless a subsequent EIR or a supplernent to an EIR would be required by Section 15162 or 15163 of the CEQA Guidelines; and ,WHEREAS, Agency staff reviewed Developer's plan for the redevelopment of the Property according to the DDA in light of the 'E!R to determine whether any additional environmental docurnenta[ion needed to be prepared, and staff determined that the EIR adequately addressed the environmental impacts from the Project; and WHEREAS, the Governing Board of the Agency hasduly considered all of the terms and conditions of the DDA and believes that the Project is in the best interest-s of the City of Anaheim and the health, safety, morals and welfare of its residents, and is in accord with the public purposes and provisions of applicable state and local law and requirements; and WHEREAS, pursuant to the California Com~."nunity Redevelopment Law, the Agency and the City Council have held a duly noticed joint public hearing on the proposed DDA, at which public hearing all persons were given an opportunity to be heard. F: \ iX'vC..q \ AD MI:N~'~ I~F..~'~LU T Nx, BRJL2.~, l ] ,B. NOW, THEREFORE, BE iT RESOLVED by the Governing 8oard of the Redevelopment Agency of the City of Anaheim as follows: 1. The .Governing Board of the Agency hereby finds and determines, based upon substantial evidence provided in the record before it: A. That the foregoing recitals are true and correct. B. That the Agency has received and heard ail oral and wrltten objections to the proposed Agreement and to Developer's proposed development of the Property in connection therewith and to any otl~er matters pe,"tainlng to this transaction, and that all such oral and written objections are hereby overruled. C. That the consideration for the Agenc/s disposition of the Property pursuant to the DDA is not less than the fair reuse value in accordance with conditions, cove,:~ants and devefopment costs required by the DDA. D. That the sale of the' Property wii[ assist iq the elimination of blight in the Redeveloprnent Project area, will contribute to the provision of housing for Iow- and moderate-income persons, and is consistent with the implementation plan adopted by · the Agency for the Redevelopment Plan pursuant to Section 33490 of the CRL. E. That no other reasonable means of finar~cing the cost of the installation and construction of public improvements, which are publicly owned either within or without the Redeveiopment Project Area are avai!ab!e to the community and hereby cor~sents to the payment for the public irrtprovements by the Agency. F. 'That any expenditure of funds from the Agency's Low- and Moderate- income Housing Fund for ~he units is necessas' because the Agency and Developer have made a good faith attempt but been unable to obtai,q commercia; or private means of fb~ancing the units at the same level of affordability and quantity 'and that an economically feaslb!e alternative method of assisting the units on comparable terms and conditions is not reasonably available without subordination of the covenants imposed by the Agency pursuant to Section 33334.3(e) of the CRL to construction and permanent fina~,cin9 obtained by the Developer from an institutional fender arid to first trust deed purchase money financing obtained by Iow and moderate income purchasers from an institutional lender. G. That in accordance with the requirements of the CEQA Guidelines, the Agency has independently reviewed and considered the Project in light of the EIR for the Redevelopment Project, and the Agency finds and determines that: 1. Pursuant to CEQA Section 21090 and Section 15180 of the CEQA Guidelines, the DDA represents pub!lc and private activities or undertakings pursuant to, or in furtherance of, the Redevelopment Plan for the Redevelopment Project area for which the EIR was approved and certified. Pursuant to Section 15162 of the CEQA Guidelines: (i) no substantial changes are proposed in the Project, and no changes in circumstances under which the Project is being undertaken have occurred which would require major revisions of the EIR due to the involvement of new significant environmental effects or a substantial increase in the severity of previously identified significant effects; a~d (ii) no new information which was not F:\ DOCS'x,. A D M12.,,~ RESOLL'rI'N~, BP R2.AI'! known at the time the EIR was certified as complete shows that the Project will have significant effects not discussed in the EIR, or will have more severe effects than those shown in the EiR, or will make feasible mitigation measures or alternatives previously found not to be feasible, or different from those considered ~n the EIR which would substantially reduce significant effects of the Project; the DDA simply enables the Agency to implement the Redevelopment Plan for which ';he EIR was previously prepared, approved and certified, thereby ,racilitati'ng t!~e p~oper utilization of certain rreviously developed blighted urban property in implementation of the Redevelopment Plan, and the potential significant environmenta! effects of such redevelopment was analyzed in tile EIR; a~d 3. The approval of the DDA will not have any potential for causing a significant effect on the environment and is exempt from the application of CEQA pt,,~'suant to Section 21090 of CEQA, and Section 15180 of the CEQA Guideli;:es, The foregoing findings are based upon the record of the joint public hearing on the DDA, the record of the joint public hearings for the adoption of the Redevelopment Plan (including amendments thereto), the "summary report," prepared ir~ accordance with CRL Section 33433, the reasons expressed herein, the E!R and' rnitigation monitoring p~an approved in connection therewith, and the fact that the redevek~pmen~, of t~e F'ropert3, in accordance With the DDA is within the scope of the redevelopment co.~cept for the Proper(y under the previously approved Redevelopmefit P!ar~ for which the EiR was prepared and certified. 2. The DDA, a' copy of which is on file with the Secretary of the Agency, is hereby approved with such minor changes, additions or deletions as may be approved by the Agency's Executive Director and Genera! or Special Counsel, ar~O the Agency hereby cor~sents to the Agency's execution of the DDA. 3. The Executive Director is hereby ¢~dthoru.ed to reserve up to One Million Dollars ($1,000,000) for down payment assistance for income-qualified families from available programs. 4. The Executive Director is hereby also authorized to take such actions and execute such documents and instruments, as she deems necessary or desirable for implementation of the DDA. 5. The Agency, as the lead agency under CEQA, directs Agency staff to cause any notice provided for under CEQA Section 2'1152 to be fi!ed in accordance with the requirements of Section 21152. F:'k DOC~\ A DM IN~ RESOLUT~xr~ ~A ] 1 B.DOC THE FOREGOING RESOLUTION IS PASSED, APPROVED AND ADOPTED THIS 29th DAY OF OCTOBER, 2002 BY THE FOLLOWING VOTE: AYES: NOES: ABSENT: ABSTAIN: ATTES'[': REDEVELOPMENT~AGENCY APPROVED/}, ~RM:: APPROVED AS TO FORM: VAN BLARCOM, LEIBOLD, McCLENDON & MANN, P.C. Agency Special Counsel ~ /~ By:, .~.B~_~~/ U RBA~ ZEiD LEI~,~-'~ STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, SHERYLL SCHROEDER, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing Resolution No. ARA2002-6 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 29th day of October 2002, by the following vote of the members thereof: AYES: CHAIRMAN/AGENCY: Feldhaus, Kring, McCracken, Daly NOES: CHAIRMAN/AGENCY: None ABSENT: CHAIRMAN/AGENCY: None ABSTAIN ED: CHAIRMAN/AGENCY: Tait //SECRE~'I'ARY'r~F THE ANAHEIM REDEVELOPMENT AGENCY (SEAL)