1981-259RESOLUTION NO. 81R-259
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ANAHEIM CERTIFYING THE INITIAL STUDY WITH
,,,,~,_ RESPECT TO THE PROPOSED PARTICIPATION AGREE-
MENT BETWEEN THE ANAHEIM REDEVELOPMENT AGENCY
AND PACIFIC TELEPHONE AND TELEGRAPH COMPANY;
FINDING THAT THE CONSIDERATION FOR THE SALE OF
THE PROPERTY THEREUNDER IS NOT LESS THAN FAIR
MARKET VALUE IN ACCORDANCE WITH COVENANTS AND
CONDITIONS GOVERNING SUCH SALE; AND APPROVING
THE SALE OF SUCH PROPERTY AND SAID PARTICIPA-
TION 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,
the Agency proposes to sell certain real property (the "Property")
in Redevelopment Project Alpha, pursuant to the terms and provi-
sions of a Participation Agreement, which Property is located on
the north side of Lincoln Avenue, west of Anaheim Boulevard; and
WHEREAS, Pacific Telephone and Telegraph Company
(the "Participant") has submitted to the Agency a written off er
in the form of said Participation Agreement to purchase the
Property at a fair and equitable price for uses in accordance with
the Redevelopment Plan; and
WHEREAS, the proposed Participation Agreement contains
all the provisions, terms and conditions and obligations required
by State and local law; and
WHEREAS, the Participant possesses the qualifications and
financial resources necessary to acquire and insure redevelopment
of the Property in accordance with the purposes and objectives of
the Redevelopment Plan; and
WHEREAS, pursuant 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 the Property and
the proposed Participation Agreement; and
WHEREAS, the Community Redevelopment Commission of th e
'" City of Anaheim has reviewed said proposed Participation Agreement
and has recommended its approval by the City Council and the
Agency; and
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WHEREAS, the Agency has prepared a summary setting .f_orth
the cost of the Participation Agreement to the Agency, the esti-
mated value of the interest to be conveyed determined at the high-
est 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, the Agency has approved an 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 City Council has duly considered all terms
and conditions of the proposed sale and believes that the redevel-
opment of the Property pursuant to the proposed Participation
Agreement is in the best interests of the City and the health,
safety, morals, and welfare of its residents, and in accord with
the public purposes and provisions of applicable State and local
law and requirements.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ANAHEIM AS FOLLOWS:
1. The City Council hereby certi.f_ies that the information
contained in the Initial Study has been reviewed and considered by
the members of the City Council.
2. The City Council hereby approves the Initial Study with
respect to the proposed Participation .Agreement between the Agency
and the Participant and finds as follows:
(a) No substantial changes are proposed in the
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;
(b) No Subsequent or Supplement to EIR is necessary
or required; and
(c) The proposed action will have no significant effect
on the environment, except as identi-Eied and considered in the
previous EIRs.
3. The City Council hereby finds and determines that the
~-~ consideration for sale of the Property pursuant to said Participa-
tion Agreement is not less than fair market value in accordance
with convenants and conditions governing such sale.
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4. The sale of the Property by the Agency to Pacific
Telephone and Telegraph Company, and the Participation Agreement
which establishes the terms and conditions f_or the sale and devel-
opment of the Property, are hereby approved.
THE FOREGOING RESOLUTION is approved and adopted by the
City Council of the City of Anaheim this 9th day of .Tune, 1981.
ATTEST ;
•
CIT CLERK OF THE TY OF ANAHEIM
MES:fm
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 81R-259 was introduced and adopted at a regular
meeting provided by law,. of the-City Council of the City of Anaheim held on
the 9th day of June, 1981y by the following vote of the members thereof:
AYES:. COUNCIL MEMBERS: Overholt, Kaywood, Bay, Roth and Seymour
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
AND I FURTHER CERTIFY that the Mayor of the City,of Anaheim signed said
Resolution No. 81R-259 on the 9th day of June, 1981.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed tl~e seal pf the
City of Anaheim this 9th-day of June, 1981._
CITY CLE OF THE CITY 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. 81R-259 duly passed and adopted
by the Anaheim City Council on June 9, 1981.
TY CLERK
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