HomeMy WebLinkAbout80-029EJC: adg
2/7/80
RESOLUTION NO. 80-29
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 PARTICIPATION AGREEMENT BETWEEN THE
COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF SANTA ANA AND MOHLER-VISTA 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
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
Participation Agreement in which said real property is
described; and
WHEREAS, Mohler-Vista, a general partnership, has
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 laws; and
WHEREAS, Mohler-Vista possesses 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 Redevelopemnt 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 previous
Environmental Impact Reports; 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. 80-29
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 Participation Agreement between the Agency and Mohler-
Vista 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 to
Mohler-Vista and the Participation Agreement which
establishes the terms and conditions for the sale and
development of the Property, are hereby approved.
ADOPTED this 19th day of
1980, by the following vote:
February ,
AYES: COUNCILMEN:
NOES: COUNCILMEN:
Bricken, Griset, Luxembourger,
Serrato, Yamamoto
Markel
ABSENT:
ABSTAINED:
ATTEST:
COUNCILMEN:
COUNCILMEN:
APPROVED AS TO FORM:
KEITH L. GOW
City Attorney
None
Ward