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1985-191RESOLUTION N0. ~5R-191 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 ANAHEIM MEMORIAL MANOR, A CALIFORNIA NONPROFIT CORPORATION, AND FINDING THAT THE CONSIDERATION 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 DISPOSITION AND DEVELOPMENT AGREEMENT. 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, as amended, the Agency proposes to sell, pursuant to the terms and conditions of a Disposition and Development Agreement, certain real property (the "Site") located on the northwest corner of Center Street and Philadelphia Street in Redevelopment Project Alpha; and WHEREAS, Anaheim Memoral Manor, a California nonprofit corporation (the "Developer"), has submitted to the Agency a written offer in the form of said Disposition and Development Agreement to purchase the Site at a fair and equitable price for uses in accordance with the Redevelopment Plan; and WHEREAS, the proposed Disposition and Development Agreement contains all provisions, terms, conditions and obligations required by State and local law; and WHEREAS, the Agency has determined that Developer possess the qualifications and financial resources necessary to acquire and ensure redevelopment of the Site 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 held a joint public hearing on the proposed sale of the Site and the proposed Disposition and Development Agreement; and WHEREAS, the Community Redevelopment Commission of the City of Anaheim has reviewed said Disposition and Development Agreement and has recommended its approval by the City Council and the Agency; and WHEREAS, the Agency has prepared a summary setting forth the cost of the Disposition and Development 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 public inspection in accordance with the California Community Redevelopment Law; and WHEREAS, the Agency has certified an Initial Study of Environmental Impact prepared by Agency staff, and has determined that sale and redevelopment of the Site pursuant to the proposed Disposition and Development Agreement will have no significant effect on the environment; and 1 WHEREAS, the City Council has duly considered all terms and conditions of the proposed sale and finds that the redevelopment of the Site pursuant to the proposed Disposition and Development Agreement is in the best interest of the City and the health, safety, morals and welfare of its residents, is in accord with the public purposes and provisions of applicable State and local law and requirements, and is necessary to effectuate the Redevelopment Plan. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANAHEIM AS FOLLOWS: 1. The City Council hereby certifies the initial Study with respect to the proposed Disposition and Development Agreement between the Agency and the Developer and finds as follows: A. The proposed action will have no significant affect on the environment; B. 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 involvement of new environmental impacts not covered in said previous Environmental Impact Reports; and C. No subsequent Environmental Impact Report or supplement to the previous Environmental Impact Reports is necessary or required. 2. The City Council hereby finds and determines that the consideration for sale of the Site pursuant to said Disposition and Development Agreement is not less than fair market value in accordance with covenants and conditions governing such sale. 3. The sale of the Site 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, are hereby approved. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 14th day of May , 1985. ~~ MAYOR CITY OF ANAHEIM ATTES ~ % ~~~%%% CITY CLERK 0294N 5/06/85 2 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 85R-191 was introduced and adopted at a regular ~, meeting provided by law, of the City Council of the City of Anaheim held on the 14th day of May, 1985, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Kaywood, Bay, Pickler; and .Roth _ NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: 'Overholt AND I FURTHER certify that the Mayor of the City of Anaheim signed said Resolution No. 85R-191 on the 14th day of May, 1985. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 14th day of May, 1985. ~_ CITY CLERK OF THE CITY OF ANAH IM (SEAL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 85R-191 duly passed and adopted by the Anaheim City Council on May 14, 1985. ~~ \ C TY CLERK