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1/15/80
RESOLUTION NO. 80-20
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA ANA MAKING CERTAIN FINDINGS
WITH RESPECT TO THE CONSIDERATION TO BE
RECEIVED BY THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA PURSUANT
TO A MAJOR COMMERCIAL REHABILITATION OWNER
PARTICIPATION AGREEMENT BETWEEN THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA
AND HARRY AND EVELYN GREENBERG FOR THE SALE
AND DEVELOPMENT OF CERTAIN REAL PROPERTY IN
THE SANTA ANA REDEVELOPMENT PROJECT; APPROVING
THE PROPOSED SALE OF SAID REAL PROPERTY;
AND APPROVING THE MAJOR COMMERCIAL REHABILITATION
OWNER PARTICIPATION AGREEMENT PERTAINING THERETO.
WHEREAS, the Community Redevelopment Agency of the
City of Santa Ana is engaged in activities necessary to
execute and implement the Redevelopment Plan for the Santa
Ana Redevelopment Project; and
WHEREAS, in order to implement the Redevelopment
Plan, the Agency proposes to sell certain real property in
the Project area, pursuant to the terms and provisions of a
Major Commercial Rehabilitation Owner Participation
Agreement in which said real property is described; and
WHEREAS, Harry and Evelyn Greenberg have submitted
to the Agency a written offer in the form of said Agreement
to purchase the Property; and
WHEREAS, the proposed Agreement contains all the
provisions, terms, conditions and obligations required by
state and local law; and
WHEREAS, Harry and Evelyn Greenberg possess the
qualifications and financial resources necessary to acquire
and insure development of the Property, in accordance with
the purposes and objectives of the Redevelopment Plan; and
WHEREAS, the Agency has prepared, and the City
Council has reviewed and considered a Summary Report setting
forth the cost of the Agreement to the Agency, the estimated
value of the interests to be conveyed determined at the
highest uses permitted under the Redevelopment Plan, and the
purchase price, and made said Summary Report available for
public inspection in accordance with the California
Community Redevelopment Law; and
WHEREAS, the City Council has found on the basis
of an Initial Study that said Agreement will not result in
substantial changes in the Project or the circumstances
under which the Project is to be undertaken, and that the
proposed action will have no significant effect on the
environment except as identified and considered in the
previous Environmental Impact Report; and
WHEREAS, pursuant to the provisions of the
California Redevelopment Law, the Agency and the City
Council have held a duly noticed joint public hearing on the
proposed sale of the property and the proposed Agreement.
RESOLUTION NO. 80- 20
PAGE TWO
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF SANTA ANA, AS FOLLOWS:
1. The City Council has considered all terms and
conditions of the proposed sale and hereby finds and
determines that the redevelopment of the Property pursuant
to the proposed Agreement is in the best interests of the
City and the health, safety, morals and welfare of its
residents, and is in'accord with the public purposes and
provisions of the applicable state and local laws.
2. The City Council hereby finds and determines
that the consideration for the sale of the Property pursuant
to the Major Commercial Rehabilitation Owner Participation
Agreement between the Agency and Harry and Evelyn Greenberg
is not less than the fair market value of the Property in
accordance with the covenants and conditions governing the
sale.
3. The sale of the Property by the Agency
Harry and Evelyn Greenberg and the Major Commercial
Rehabilitation Owner Participation Agreement which
establishes the terms and conditions for the sale and
development of the Property, are hereby approved.
to
ADOPTED this 17th day of March
the following vote:
, 1980, by
AYES: COUNCILMEN: Bricken, Luxembourger,
Yamamoto
NOES: COUNCILMEN: Markel
Serrat0~
ABSENT: COUNCILMEN: Gris0t, Ward
ATTEST:
APPROVED AS TO FORM:
KEITH L. GOW
City Attorney
VICE MAYOR