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80R-051 ,..... r ,~ I RE~OLUTION NO. 80R- 51 .~. A RESOLUTION F THE CITY COUNCIL OF THE CITY OF ANAHEIM MAKIN CERTAIN FINDINGS WITH RESPECT TO THE CONSIDERA ION TO BE RECEIVED BY THE ANAHEIM REDEVELOPMENT AGENCY PWRSUANT TO A DISPOSITION AND DEVELOPME T AGREEMENT BETWEEN THE ANAHEIM REDEVELOPMENT AGENCY AND MASONIC BUILDING ASSOCIA- TION OF ANAHE M FOR THE SALE AND DEVELOPMENT OF CERTAIN REAL ROPERTY; APPROVING THE PROPOSED SALE OF SAID REAL ROPERTY; CONSENTING TO THE PROVISION OF CERTAIN PU tIC IMPROVEMENTS BY THE AGENCY; AND APPROVING THE DISPOSITION AND DEVELOPMENT AGREEMENT PERTAINING TH RETO. WHEREAS, the taheim R.development Agency (the "Agency D) is engaged in activitie necessary to execute and implement the Redevelopment Plan for .edevelopment Project Alpha (the "Project"); and · WHEREAS, in Older to implement the Redevelopment Plan, the Agency proposes to ell certain real property (the "Site"), in the Project area, pursu nt to the terms and provisions of a Disposi- tion and Development Ag eement(the "Agreement") and which property is described in said Ag eement; and WHEREAS, Masotic Building Association of Anaheim (the "Developer") has sUbmit,ed to the Agency a written offer in the form of said Agreement 0 purchase the Site; and WHEREAS, the r'roposed Agreement contains all the provisions, terms, cond,tions and obligations required by State and local law; and . WHEREAS, Deve;oper possesses the qualifications and financial resources nec, ssary to acquire and insure development of the Site, in accorda.ce with the purposes and objectives of the Redevelopment Plan;.: and ..-....\} WHEREAS, AgeniY has prepared, and the City Council has reviewed and consid red, a Summary Report setting forth the cost of the Agreement t the Agency, the estimated value of the interests to be conveye determined at the highest uses permitted under the Redevelopment I Plan, and the purchase price, and made said Summary Report ava~lable for public inspection in accordance with the California Co~unity Redevelopment Law; and WHEREAS, the fity Council has found on the basis of an Initial Study that saidiAgreement will not result in substantial changes in the Project ~r the circumstances under which the Project is to be undertaken, th~t no Negative Declaration, Subsequent Environmental Impact Report, or Supplement to an Environmental - I - -, .. ,.,....... '1 Impact Report is requir,d, and that the proposed action will have no significant effect 0' the environment except as identified and considered in the previ~us environmental impact report; and "'_....\ WHEREAS, purSfant to the provisions of the California Redevelopment Law, the gency and the City Council have held a duly noticed joint publ c hearing on the proposed Sale of Site and the proposed Agreemnt; and WHEREAS, the ~ity Council has considered all terms and conditions of the PjOPOSed sale and believes that the redevelopment of the Sie pursuant to the proposed AqPe" ement is in the best interests 0 the City and the health, safety, morals and welfare of its resients, and in accord with the public purposes and provisions'of the applicable State and local laws. NOW, THEREFO~, BE IT RES0LVED by the City Council of the City of Anaheim as follows: ! I. The City Coun~il hereby finds and determines that the consideration for the s.le of the Si;te pursuant to the Disposition and Development Agreeme$t between the Agency and Developer is not less than the fair mark.t value of the Site ~n accordance with the covenants and condition$ governing the sale. 2. The City Coun~il hereby finds and determines that the consideration for sale ~f the Site pursuant t~ the Agreement is less than the estimated!value at the highest use permitted under the Redevelopment Plan, as set forth in said Summary Report, and that such lesser considtration is necessary to effectuate the purposes of the Redevel~pment Plan. 3. The City Coun~il hereby finds and determines that the provision by the Agency.of certain public improvements to the Site pursuant to the AgI~ement,which improvements would other- wise be the responsibil ty of the Developer, is necessary to effectuate the purposes of the Redevelopment Plan. 4. The City Coun~il hereby consents to the provision of said public improvement$ by the Agency. 5. The sale of t~e Site by the Agency to DevelOper-and the Disposition and Develop"ent Agreement which establishes the terms and conditions for the .ale and development of the Site, are hereby approved. . THE FOREGOING.RESOLUTIQN is approved and adopted by the City Council of the --Citf-' of Anah4iim this 5th day of February, 1980. c~~ ANAHEIM - 2 - --. ATTEST: " .-. f' .. ~, STATE OF CALIFOINIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LI!mA D. ROB&RTS, City cp.erkof the City of Anaheim, do hereby certify that the foregoing Resolution Nol. 80R~51 was introduced and adopted at a regular meeting provided by law, of! the City Council of the City of Anaheim held on the 5'th day of February, 19180, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Pverho1t, Kaywood, Bay, Roth and Seymour NOES: COUNCIL MEMBERS: !None , ABSENT: COUNCIL MEMBERS: :None AND I FUllTHERCERTIFY that.1the Mayor ,(j)f the City of Anaheim s,igned said Resolution No. .80R~51 on tqe 5th day of: February, 1980.. IN WITNESS WHEREOF" I have!hereuntosetmy hand and .~ffixed the seal ,of the City of Anaheim this 5th d4y of February, '.1980-. CI~;'o;i~=-~IM (SEAL) I, LINDA p. ROBERTS, City ~lerk of the City of Anaheim, do hereby certify that the foregoing is the origi+al of Resolution No. 80R-51 duly passed and adopted by the Anaheim City Counci~ on February 5, 1980. ~.J~~~ .' CITY CLERK /~