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ARA1983-016RESOLUTION NO. ARA83 -16 A RESOLUTION OF THE ANAHEIM REDEVLOPMENT AGENCY APPROVING THE PROPOSED SALE OF CERTAIN SURPLUS PROPERTY WHICH IS OWNED BY THE AGENCY AND LOCATED OUTSIDE OF THE REDEVELOPMENT PROJECT AREA BOUNDARIES; APPROVING THE PROPOSED DISPOSITION AND DEVELOPMENT AGREEMENT PERTAINING THERETO; AND AUTHORIZING THE EXECUTION OF SAID DISPOSITION AND DEVELOPMENT AGREEMENT. WHEREAS, the Anaheim Redevelopment Agency ( "Agency ") proposes to sell, pursuant to the terms and conditions of a Disposition and Development Agreement, certin surplus real property (the "Site ") located on the west side of Harbor Boulevard between Chestnut Street and a public alley outside of the Redevelopment Project Area boundaries; and WHEREAS, the proposed sale of the Site pursuant to the Disposition and Development Agreement is for the purpose of redevelopment; and WHEREAS, AMIL SHAB, sole proprietor ( "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 compatible with the "CL," Commercial, Limited zone classification, Section 18.44 of the Anaheim Municipal Code; 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 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 zoning classification 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 ( "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 found the Disposition and Development Agreement to be categorically exempt from the requirements of the California Environmental Quality Act; and WHEREAS, the Agency has duly considered all terms and -2- conditions of the proposed.sale and finds that development 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, and is in accord with the public purposes and provisions of applicable State and local law and requirements. 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 the 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 22nd day of March 1983. ATTEST: s SECRETARY,, ANAHEIM REDEVELOPME AGENCY .00 AIRMAN, ANAHEIM RE EVELO MENT AGENCY -3- APPROVED AS TO FORM: WEISER, KANE, BALLMER & BERKMAN Agency Special Counsel -4- 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 -16 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 22nd day of March, 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 22nd day of March, 1983. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 22nd day of March, 1983. SECRETAAY OF THE A14AHFN REDEVELOPMENT AGENCY (SEAL)