ARA1983-006RESOLUTION NO. ARA83 -6
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 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 east side of
Anaheim Boulevard between east "Old" Lincoln Avenue and Lincoln Avenue in
Redevelopment Project Alpha; and
WHEREAS, WOOD BRIDGE VILLAGE, LTD., a limited partnership, (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 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
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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.
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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.
THE FOREGOING RESOLUTION is approved and adopted by the Anaheim
Redevelopment Agency this 25th day of
January 1983.
CHARIMA
ANAHEIM REDEVELOPMENT AGENCY
ATTEST:
SECRETARY
ANAHEIM REDEVELOPMENT AGENCY
APPROVED
AS TO FORM:
WEISER, KANE, BALLMER & BERKMAN
Agency Special Counsel
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t
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. ARA83 -6 was passed and adopted at a
regular meeting of the Anaheim Redevelopment Agency held on the 25th day of
January, 1983, 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 25th day of January, 1983.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 25th day of
January, 1983.
SECRETART OF THE ANAHE DEVELOPMENT AGENCY
(SEAL)