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ARA2000-03RESOLUTION NO. ARA 2000-3 RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT WITH JAMES J. GRANGER REGARDING HATFIELD HOUSE AND MAKING CERTAIN ENVIRONMENTAL AND OTHER FINDINGS IN CONNECTION THEREWITH WHEREAS, the Anaheim Redevelopment Agency (the "Agency") is engaged in implementation of the "Redevelopment Plan" for Redevelopment Project Alpha (the "Redevelopment Project"); WHEREAS, in order to implement the Redevelopment Plan, the AgencY proposes to enter into a certain Disposition and Development Agreement dated as of September 19, 2000 (the "DDA"), with James J. Granger (the "Developer") pursuant to which (a) Agency would sell to Developer a certain historic residence known as Hatfield House and the land on which Hatfield House is currently situated upon blocks (the "Property"), and (b) Developer would permanently affix Hatfield House to said land and subsequently rehabilitate it thereon (the "Project"); WHEREAS, in its current condition, Hatfield House is a blighting influence on the Redevelopment Project area; WHEREAS, the Project will remove the blighting influence described above; WHEREAS, in connection with the DDA, Agency has prepared, reviewed and considered a summary report setting forth: (a) the cost of the DDA to the Agency; (b) the estimated value of the interests to be sold to Developer, determined at the highest and best uses permitted under the Redevelopment Plan; (c) the estimated value of the interests to be sold, determined at the uses and with the conditions, covenants and development costs required by the sale; and (d) the purchase price for the Property; WHEREAS, the DDA contains all of the terms, covenants, conditions, restrictions, obligations and provisions required by state and local law; WHEREAS, pursuant to the California Environmental Quality Act, the Agency has prepared a Negative Declaration for the Project; WHEREAS, Agency has duly considered all of the terms and condition of the DDA and believes that the Project is in the best interests of the City of Anaheim 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; WHEREAS, pursuant to the California Community Redevelopment Law, the Agency and the City Council of the City of Anaheim have held a duly noticed joint public hearing on the proposed DDA, at which public hearing all persons were given an opportunity to be heard. NOW, THEREFORE, BE IT RESOLVED by the Anaheim Redevelopment Agency as follows: 1. The Agency hereby certifies and adopts the Negative Declaration. 2. The Agency hereby certifies that it has reviewed and considered the Negative Declaration. 3. The Agency hereby finds and determines that, based on substantial evidence in the record before it, the consideration for the Agency's disposition of the Property pursuant to the DDA is not less than either the fair market or fair reuse value in accordance with conditions, covenants and development costs required by the DDA. 4. The Agency hereby finds and determines that, based on substantial evidence in the record before it, the sale of the Property will assist in the elimination of blight in the Redevelopment Project area, and is consistent with the implementation plan adopted by the Agency for the Redevelopment Plan pursuant to Section 33490 of the California Community Redevelopment Law. 5. The DDA, a copy of which is on file with the Secretary of the Agency, is hereby approved with such minor changes, additions or deletions as may be approved by the Agency's Executive Director and General or Special Counsel, and the Executive Director is hereby authorized and directed to execute said DDA on behalf of the Agency. 6. The Executive Director is hereby also authorized to take such actions and execute such documents and instruments as she deems necessary or desirable for implementation of the DDA. PASSED AND ADOPTED this 19th day of ATTEST: September ,2000. ,'~A~ency ~ecretary APPROVED AS TO FORM:_---_ ,, JA~~elal Counsel ;John E. Woodhead IV Assistant General Counsel STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, SHERYLL SCHROEDER, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing Resolution No. ARA2000-3 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 19th day of September 2000, by the following vote of the members thereof: AYES: CHAIRMAN/AGENCY: Feldhaus, Kring, Tait, McCracken, Daly NOES: CHAIRMAN/AGENCY: None ABSENT: CHAIRMAN/AGENCY: None IN WITNESS WHEREOF, have hereunto set my hand and seal this 19th day of September, 2000. S~CRETAR~ OF T~E ANAHEIM REDEVELOPMENT AGENCY (SEAL)