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1979-392RESOLUTION NO. 79R- 392 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM CERTIFYING THE INITIAL STUDY WITH RESPECT TO THE PROPOSED PARTICIPATION AGREEMENT BETWEEN THE ANAHEIM REDEVELOPMENT AGENCY AND DAN W. HEIL AND WILLIAM C. STOOKEY; FINDING THAT THE CONSID- ERATION FOR THE SALE OF THE PROPERTY THEREUNDER IS NOT LESS THAN FAIR MARKET VALUE IN ACCORDANCE WITH COVENANTS AND CONDITIONS GOVERNING SUCH SALE; AND APPROVING THE SALE OF SUCH PROPERTY AND SAID PARTICIPATION AGREEMENT; APPROVING THE PARKING LEASE BETWEEN THE CITY OF ANAHEIM AND DAN W. HEIL AND WILLIAM C. STOOKEY; AND AUTHORIZING THE EXE- CUTION OF SAID LEASE WHEREAS, the Anaheim Redevelopment Agency (the "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, the Agency proposes to sell certain real property (the "Property in Redevelopment Project Alpha, pursuant to the terms and pro- visions of a Participation Agreement, which Property is located at the northeast corner of Broadway and Anaheim Boulevard; and WHEREAS, Dan W. Heil and William C. Stookey, a Part- nership (the "Participant has submitted to the Agency a written offer in the form of said Participation Agreement to purchase the Property at a fair and equitable price for uses in accor- dance with the Redevelopment Plan; and WHEREAS, the Participant has submitted to the City Council a proposed Parking Lease, pursuant to said Participation Agreement, for the use of certain parking spaces in the Anaheim Civic Center Parking facility; and WHEREAS, the proposed Participation Agreement and Lease contain all the provisions, terms and conditions and obligations required by State and local law; and WHEREAS, the Participant possesses the qualifica- tions and financial resources necessary to acquire and insure redevelopment of the Property in accordance with the purposes and objectives of the Redevelopment Plan; and WHEREAS, pursuant to such provisions of the Cali- fornia Community Redevelopment Law the Agency and the City Council held a joint public hearing on the proposed sale of the Property and the proposed Participation Agreement; and WHEREAS, the Community Redevelopment Commission of the City of Anaheim has reviewed said proposed Participation Agreement and has recomuuended its approval by the City Council and the Agency; and WHEREAS, the Agency has prepared a summary setting forth the cost of the Participation Agreement to the Agency, the estimated value of the interest to be conveyed determined at the highest uses permitted under the Redevelopment Plan, and the purchase price and has made said summary available for pub- lic inspection in accordance with the California Community Re- development Law; and WHEREAS, the Agency has approved an Initial Study of Environmental Impact prepared by Agency staff and has determined that a subsequent environmental impact report need not be pre- pared in connection with the proposed sale and development of the Property; and WHEREAS, the City Council has duly considered all terms and conditions of the proposed sale and believes that the redevelopment of the Property pursuant to the proposed Parti- cipation Agreement is in the best interests of the City and the health, safety, morals, and welfare of its residents, and in accord with the public purposes and provisions of applicable State and local law and requirements. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANAHEIM AS FOLLOWS: 1. The City Council hereby certifies that the information contained in the Initial Study has been reviewed and considered by the members of the City Council. 2. The City Council hereby approves the Initial Study with respect to the proposed Participation Agreement be- tween the Agency and the Participant and finds as follows: (1) No substantial changes are proposed in the Redevelopment Project, or with respect to the circumstances under which the Project is to be undertaken, which will require major revisions in the Environmental Impact Reports previously adopted for the Project due to the in- volvement of new environmental impacts not covered in said previous Environ- mental Impact Reports; (2) No Subsequent or Supplement to EIR is necessary or required; and (3) The proposed action will have no sig- nificant effect on the environment, except as identified and considered in the previous EIR's. 3. The City Council hereby finds and determines that the consideration for sale of the Property pursuant to said Participation Agreement is not less than fair market value in accordance with covenants and conditions governing such sale. 4. The sale of the Property by the Agency to Dan W. Heil and William C. Stookey, and the Participation Agreement which establishes the terms and conditions for the sale and development of the Property, are hereby approved. 5. The City Council hereby consents to and approves the leasing of a portion of the Parking Facility to the Parti- cipant in accordance with the terms and conditions of said Parking Lease. Lease. ATTEST: 6. The City Council hereby approves said Parking 7. The Mayor and the City Clerk are hereby authorized and directed to execute said Lease on behalf of the City of Anaheim. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 3rd day of July, 1979. CITY LERK OF THE TY OF ANAHEIM (SEAL) 2uT4un000y quamdojanapau 4usmdolanapau 2uipun000y A4aado1d veal' STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 79R -392 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim held on the 3rd day of July, 1979, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Kaywood, Bay, Roth and Seymour NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Overholt AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Resolution No. 79R -392 on the 3rd day of July, 1979. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 3rd day of July, 1979. CITY CLE OF THE CITY 0 ANAHEIM I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 79R -392 duly passed and adopted by the Anaheim City Council on July 3, 1979.