ARA1984-027RESOLUTION NO. ARA84 -27
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 South side of
Cypress Street East of Orange Street in project; and
WHEREAS, Alan and La Del Clendenen, 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 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 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.
THE FOREGOING RESOLUTION is approved and adopted by the
Anaheim Redevelopment Agency this 13thday of November
1984.
PRO TEM
ANAHEIM REDEVELOPMENT AGENCY
ATTEST• ^
SECRETARY
ANAHEIM REDEVELOPMENT AGENCY
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STATE OF CALIFORNIA )
COUNTY OF ORANE:, ) ,
CITY OF - "AIiEI�4_ -r.f
Secretar o£ e e
I, LEp ORS, ; fi r $OHL, y irk},. •Ansh Api Redevelopment _A�gen�y, r d� x hereby
certify. ghat ,t}e.,foregoing,Resolu io No., AtA84 -z7 was p�. ed, aid ad�pped at a
regular meeting of the Anaheim Redeveloppippt Agency,held o4,the.;l3th day of
November, 1984, by the following vote of the members thereof:
EMBERS: Kaywood,,,$ - Oger4olt and Pichler ,
NOE$: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: Roth
AND I FURTHER CERTIFY that the Chairman Pro Tem of the Anaheim Redevelopment
Agency signed said Resolution on the 13th day of November, 1984.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 13th day of
November, 1984.
(SEAL)^ A
SECRETARY OF THE ANAFMIM REDEVELOPMENT AGENCY
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