1985-243RESOLUTION NO. 85R-243
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ANAHEIM CERTIFYING REVIEW AND CONSIDERATION
OF THE INITIAL STUDY WITH RESPECT TO THE
PROPOSED OWNER PARTICIPATION AGREEMENT BETWEEN
THE ANAHEIM REDEVELOPMENT AGENCY AND LA PALMA-
LAKEVIEW ASSOCIATES, A GENERAL PARTNERSHIP,
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 OWNER PARTICIPATION 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 an Owner Participation Agreement, certain real
property (the "Site") located on the northeast corner of Lakeview
Avenue and La Palma Avenue in Redevelopment Project Alpha; and
WHEREAS, La Palma-Lakeview Associates, a general
partnership (the "Developer"), has submitted to the Agency a
written offer in the form of said Owner Participation Agreement to
purchase the Site at a fair and equitable price for uses in
accordance with the Redevelopment Plan; and
WHEREAS, the proposed Owner Participation Agreement
contains all provisions, terms, conditions and obligations
required by State and locate law; and
WHEREAS, the Agency has determined that Developer
possesses 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 Owner Participation Agreement; and
WHEREAS, the Community Redevelopment Commission of the
City of Anaheim has reviewed said Owner Participation 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 Owner 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 public
inspection in accordance with the California Community
Redevelopment Law; and
WHEREAS, the Agency has reviewed and considered an
Initial Study of Environmental Impact prepared by Agency staff,
and has determined that sale and redevelopment of the Site
pursuant to the proposed Owner Participation Agreement will have
no significant effect on the environment, except as identified and
considered in the Environmental Impact Reports prepared for the
Project; and
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 Owner
Participation 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 has reviewed and considered the
Initial Study with respect to the proposed Owner Participation
Agreement between the Agency and the Developer and finds as
follows:
a. The proposed action will have no significant effect
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 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 Owner
Participation 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 Owner Participation Agreement, which establishes the terms and
conditions for the sale and development of the Site, are hereby
approved.
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THE FOREGOING RESOLUTION is approved and adopted by the
City Council of the City of Anaheim this 18th day of June, 1985.
'! ,
MAYOR OF THE CITY F ANAHEIM
ATTEST:
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CITY LERK OF THE CITY OF HEIM
MES:fm
3716M
061085
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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-243 was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on "''"""""~
the 18th day of June, 1985, by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Kaywood, Bay, Pickler, Overholt and Roth
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
AND I FURTHER certify that the Mayor of the City of Anaheim signed said
Resolution No. 85R-243 on the 18th day of June, 1985.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 18th day of June, 1985.
c~ //~__
CITY CLERK OF THE CITY OF ANAHEIM
(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-243 duly passed and
adopted by the Anaheim City Council on June 18, 1985.
%~.S
CITY CLERK