83R-028
RESOLUTION NO. 83R-28
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A RESOLUTIO~ OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM CER IFYING THE INITIAL STUDY WITH RESPECT
TO THE PRO OSED DISPOSITION AND DEVELOPMENT
AGREEMENT ETWEEN THE ANAHEIM REDEVELOPMENT
AGENCY AND iWOOD BRIDGE VILLAGE, LTD., A LIMITED
PARTNERSHIP,! AND FINDING THAT THE CONSIDERATION
FOR THE SALE~' OF THE PROPERTY THEREUNDER IS NOT
LESS THAN FA R MARKET VALUE IN ACCORDANCE WITH
COVENANTS A D CONDITIONS GOVERNING SUCH SALE;
AND APPROVING THE SALE OF SUCH PROPERTY AND SAID
DISPOSITION A$D DEVELOPMENT AGREEMENT
WHEREAS, the Anaheim Redevelopment Agency (the "Agency") is engaged
in activities necessary to execute and implement the Redevelopment Plan (the
"Redevelopment Plan") for J!tedevelopment Project Alpha (the "Project"); and
WHEREAS, in orper to implement the Redevelopment Plan as amended, the
Agency proposes to sell, pursuant to the terms and conditions of a Disposition and
Development Agreement, c~rtain real property (the "Site") located on the east side of
Anaheim Boulevard between east "Old" Lincoln Avenue and Lincoln Avenue in
Redevelopment Project Alp~a; and
WHEREAS, WO(j)D BRIDGE VILLAGE, LTD., a limited partnership, (the
"Developer"), has submittefj to the Agency a written offer in the form of said
Disposition and DevelopmeJjlt Agreement to purchase the Site at a fair and equitable
price for uses in accordance! with the Redevelopment Plan; and
WHEREAS, the proposed Disposition and Development Agreement contains
all provisions, terms, condit.ons and obligations required by State and local law; and
WHEREAS, the Agency has determined that Developer possesses the
qualifications and financial resources necessary to acquire and ensure redevelopment
of the Site in accordance with the purposes and objectives of the Redevelopment Plan;
and
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WHEREAS, pur$uant 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 th~ Site and the proposed Disposition and Development
Agreement; and
WHEREAS, the Community Redevelopment Commission of the City of
Anaheim has reviewed sftid Disposition and Development Agreement and has
recommended its approval b~ the City Council and the Agency; and
WHEREAS, the ~gency has prepared a summary setting forth the cost of
the Disposition and Develop~ent Agreement to the Agency, the estimated value of the
interest to be conveyed determined at the highest uses permitted under the
Redevelopment Plan and th~ purchase price, and has made said summary available for
public inspection in accord~nce with the California Community Redevelopment Law;
and
WHEREAS, the Agency has certified an Initial Study of Environmental
Impact prepared by Agency!staff, and has determined that sale and redevelopment of
the Site pursuant to the proposed Disposition and Development Agreement will have no
significant effect on the en~ironment; and
WHEREAS, the City Council has duly considered all terms and conditions
of the proposed sale and f.nds 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, morBJs and welfare of its residents, is in accord with the pubiic
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 certifies the Initial Study with respect to
the proposed Disposition and Development Agreement between the Agency and the
Developer and finds as follows:
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A. The proposed action will have no significant effect on
the environment;
B.
~
substantial
changes
are
proposed
in
the
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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 the
involvement of new environmental impacts not covered in said previous
Environmental Impact Reports; and
C. tIP subsequent Environmental Impact Report or supple-
ment to the previous En~ironmental Impact Reports is necessary or required.
2. The City Council hereby finds and determines that the consi-
deration for sale of tihe Site pursuant to said Disposition and Dl)velopment
Agreement is not less than fair market value in accordance with covenants
and conditions governing such sale.
3. The sal~ of the Site by the Agency to the Developer and the
Disposition and Develo,ment Agreement, which esta'blishes tho hrms and con-
ditions for the sale an~ development of the Site, are hereby approved.
THE FOREGOING RESOLUTION is approved and adopted by the City
CouneUo! the CitYcOf Anaheim this 25th day of January, 1983.
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ATTEST:
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CITY LERl{ OF THE CITY .' AHEni
KES:fm
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1-17-83
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SSe
CITY OF ANAHEIM )
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 83R-28 was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on
the 25th day of January, 1983, by the following vote of the members thereof:
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AYES: COUNCIL MEMBERS: Kaywood, Pickler, Overholt, Bay 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. 83R-28 on the 25th day of January, 1983.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 25th day of January, 1983.
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CITY LERK OF THE CITY OF ANAHEIM
(SEAL)
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. 83R-28 duly passed and adopted
by the Anaheim City Council on January 25, 1983.
ex. Y./~/
CITY CL
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