ARA1982-050RESOLUTION NO. ARA82 -50
A RESOLUTION OF THE ANAHEIM REDEVELOPMENT
AGENCY APPROVING THE PROPOSED SALE OF REAL
PROPERTY IN REDEVELOPMENT PROJECT ALPHA;
APPROVING THE PROPOSED DISPOSITION AND
DEVELOPMENT AGREEMENT PERTAINING THERETO; AND
AUTHORIZING THE EXECUTION OF SAID DISPOSITION
AND DEVELOPMENT AGREEMENT.
WHEREAS, the Anaheim Redevelopment Agency (the "Agency ")
is engaged in activities 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 southeast corner of
Harbor Boulevard and Cypress Street in Project; and
WHEREAS, Raymond A. and Connie Y. Masciel, a sole
proprietorship (the "Developer "), have 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 the provisions, terms, conditions and
obligations required by State and local law; and
WHEREAS, the Developer possesses the qualifications and
financial resources necessary to acquire and ensure development of
the Site in accordance with the purposes and objectives of the
Redevelopment Plan; 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, 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 the proposed
Disposition and Development Agreement; and
WHEREAS, pursuant to such provisions of the California
Community Redevelopment Law, the City Council, following such
joint public hearing, has found and determined that the
consideration for which the Site is to be sold is not less than
its fair market value, in accordance with the covenants and
conditions governing such sale as provided in the 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
WHEREAS, the Agency has certified the Initial Study of
Environmental Impact prepared by Agency staff and has determined
that a Subsequent Environmental Impact Report need not be prepared
in connection with the proposed sale and development of the
Property; and
WHEREAS, the Agency 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 ANAHEIM
REDEVELOPMENT AGENCY AS FOLLOWS:
1. The sale of the Site by the Agency to the Developer
and the Disposition and Development Agreement which establishes
the covenants and conditions for the sale and development of the
Site, are hereby approved.
2. The Chairman is hereby authorized to execute the
Disposition and Development Agreement on behalf of the Agency and
the Executive Director is hereby authorized to take all steps, and
to sign all other documents and instruments (including, but not
limited to, the Grant Deed), necessary to implement and carry out
the Disposition and Development Agreement on behalf of the Agency.
BE IT FURTHER RESOLVED that the Chairman and Secretary
are hereby authorized and directed to execute said Agreement on
behalf of the Anaheim Redevelopment Agency.
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THE FOREGOING RESOLUTION is approved and adopted by the
Anaheim Redevelopment Agency this 21st day of September, 1982.
e -. -
CHAIRMAN
ANAHEIM REDEVELOPMENT AGENCY
ATTEST:
SECRETAR
ANAHEIM REDEVELOPMENT AGENCY
WPH:FAL:dh
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STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF ANAHEIM )
I, LINDA D. ROBERTS, Secretary of the Anaheim Redevelopment Agency, do hereby
certify that the foregoing Resolution No. ARA82 -50 was passed and adopted at a .�.
regular meeting of the Anaheim Redevelopment Agency held on the 21st day of
September, 1982, by the following vote of the members thereof:
AYES: AGENCY MEMBERS: Kaywood, Pickler, Overholt, Bay and Roth
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 21st day of September, 1982.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 21st day of
September, 1982.
SECRETARY OF HE ANAHEI REDEVELOPMENT AGENCY
(SEAL)