RES-1989-418
RESOLUTION NO. 89R-418
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM CERTIFYING THE INITIAL STUDY WITH RESPECT
TO THE PROPOSED DISPOSITION AND DEVELOPMENT
AGREEMENT BETWEEN THE ANAHEIM REDEVELOPMENT
AGENCY AND RON M. AND BETTYJACK F. WALTZ,
DEVELOPER; FINDING THAT THE CONSIDERATION FOR THE
SALE OF THE PROPERTY THEREUNDER IS NOT LESS THAN
FAIR VALUE IN ACCORDANCE WITH COVENANTS AND
CONDITIONS GOVERNING SUCH SALE; AND APPROVING THE
SALE OF SUCH PROPERTY AND SAID DISPOSITION AND
DEVELOPMENT AGREEMENT.
WHEREAS, the Anaheim Redevelopment Agency ("Agency") is
engaged in activities necessary to execute and implement the
Redevelopment Plan (the Redevelopment Plan") for Redevelopment
Project Alpha (the "project"); and
WHEREAS, in order to implement the Redevelopment Plan,
as amended, the Agency proposes to sell, pursuant to the terms
and conditions of a Disposition and Development Agreement,
certain real property (the "site"), described as Parcel 2 of Lot
Line Adjustment Plat No. 177, in the City of Anaheim, California,
currently addressed as 194 North Vintage Lane, and certain
chattel property (the "Structure") located at 206 N. Olive Street
in the Project; and
WHEREAS, RON M. and BETTYJACK F. WALTZ ("the Developer")
has submitted to the Agency a written offer in the form of said
Disposition and Development Agreement to purchase the site and
Structure at a fair and equitable price for uses in accordance
with the Redevelopment Plan; and
WHEREAS, the proposed Disposition and Development
Agreement contains all the provisions, terms, conditions, and
obligations required by State and local law; and
WHEREAS, the Agency has determined that Developer possesses
the qualifications and financial resources necessary to acquire
and ensure development of the site and Structure in accordance
with the purposes and objectives of the Redevelopment Plan; and
WHEREAS, pursuant to such provisions of the California
Community Redevelopment Law, the Agency and the City Council of
the City of Anaheim (the "City Council") held a joint public
hearing on the proposed sale of the site and Structure and the
proposed Disposition and Development Agreement; and
WHEREAS, the Community Redevelopment Commission of the
City of Anaheim has reviewed said proposed Disposition and
Development Agreement and has recommended its approval by the
City Council and the Agency; and
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5. The sale of the site and structure, by the Agency
to the Developer, and the Disposition and Development Agreement,
which establishes the terms and conditions for the sale and
development of the site and structure, are hereby approved.
THE FOREGOING RESOLUTION is approved and adopted by the
City Council of the City of Anaheim, this 17th day
of October , 1989.
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ATTEST:
d~SISTANT ~ ~~'--
CITY .CLERK OF THE CITY OF ElM
TKWALTSR(4)
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CLERK
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, ANN M. SAUVAGEAU, Assistant City Clerk of the City of Anaheim, do hereby
certify that the foregoing Resolution No. 89R-418 was introduced and adopted
at a regular meeting provided by law, of the City Council of the City of
Anaheim held on the 17th day of October, 1989, by the following vote of the
members thereof:
AYES:
COUNCIL MEMBERS: Daly, Ehrle, Pickler, Kaywood and Hunter
NOES:
COUNCIL MEMBERS: None
ABSENT:
COUNCIL MEMBERS: None
AND I FURTHER certify that the Mayor of the City of Anaheim signed said
Resolution No. 89R-418 on the 18th day of October, 1989.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 18th day of October, 1989.
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ASSISTANT
( SEAL)
I, ANN M. SAUVAGEAU, Assistant City Clerk of the City of Anaheim, do hereby
certify that the foregoing is the original of Resolution No. 89R-4l8 duly
passed and adopted by the Anaheim City Council on October 17, 1989.