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ARA1990-15RESOLUTION NO. ARA90-15 RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY APPROVING AND AUTHORIZING THE EXECUTION OF AN OWNER PARTICIPATION AGREEMENT WITH COMMUNITY SYSTEMS ASSOCIATES, INC., AND WJS INVESTMENTS, LTD. ("PARTICIPANT") AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH. WHEREAS, the Anaheim Redevelopment Agency (the "Agency") is carrying out the Amended Redevelopment Plan (the "Redevelopment Plan") for the River Valley Redevelopment Project, (the "Project"); and WHEREAS, the Agency has received a proposed Owner Participation Agreement (the "gPA") from Participant, including a Financing Agreement atbached thereto as Attachment No. 4, providing for the development of a retail shopping center on certain real property (the "Site") located within the boundaries of the Project; and WHEREAS, pursuant to the OPA, the Agency will be responsible for a portion of the costs of certain public improvements to be constructed and installed in connection with the development of the Site; and WHEREAS, pursuant to Section 33445 of the Community Redevelopment Law, the Agency is authorized with the consent of the City Council to be responsible for all or any part of the value of and the cost of installation and construction of any building, facility, structure or other improvement which is publicly owned either within or without the Project Area upon a determination by the City Council that such building, facility, structure or other improvement is of benefit to the Project Area or the immediate area in which the Project is located and that no other reasonable means of financing such building, facility, structure or other improvement is available to the community; and WHEREAS, Draft Subsequent EIR No. 289 considered the following discretionary actions to be considered or which have been considered'by the City of Anaheim, the Anaheim Redevelopment Agency, or the Anaheim Redevelopment Commission: General Plan Amendment No. 271, the First Amendment to the River Valley Redevelopment Plan, Zoning Reclassification No. 89-90-22, Conditional Use Permit No. 3206, Development Agreement No. 83-02 (as amended and restated), and Development Agreement No. 89-02; and WHEREAS, the Agency has been presented with Basic Concept Drawings, including color and materials palette ("Basic Concept Drawings") with respect to the proposed development of the Site. NOW, THEREFORE, BE IT RESOLVED by the Anaheim Redevelopment Agency as follows: Section 1. The Agency hereby finds and determines that the provision of public improvements by the Agency in connection with the development of the Site in the manner set forth in the OPA is of benefit to the Project Area and that no other reasonable means of financing such public improvements is available to the community, and the Agency is authorized, based upon consent of the City Council, to participate in the costs for all or part of the land the costs of installation and construction of such public improvements in accordance with the OPA. Section 2. The Agency hereby finds and determines that Draft Subsequent EIR No. 289, which, among other things, evaluated the proposed development described in the OPA, was certified on January 23, 1990 by the City Council, and that a statement of overriding considerations and a mitigation monitoring program for the Project was adopted. Section 3. The Agency hereby approves and authorizes execution of the Owner Participation Agreement and the Executive Director and Secretary are hereby authorized and directed to execute said Owner Participation Agreement on behalf of the Agency after the same has been formally approved and executed by the Participant; and to cause a notice of determination to be filed with the County Clerk. Section 4. The Agency hereby approves the Basic Concept Drawings, as submitted. ADOPTED this 27th day of March , 1990. ATTEST: · ency Secretary, Anaheim Redevelopment Agency 3/6/90 8602n/2621/16 - 2 - STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ANAHEIM ) I, LEONORA N. $OHL, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing Resolution No. ARA90-15 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 27th day of March, 1990, by the following vote of the members thereof' AYES. AGENCY MEMBERS- Daly, Ehrle, Kaywood, Pickler and Hunter NOES. AGENCY MEMBERS- None ABSENT- AGENCY MEMBERS' None AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency signed said Resolution on the 28th day of March, 1990. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 28th day of March, 1990. SECRETARY OF THE ANAHEIM REDEVELOPMENT AGENCY ( SEAL)