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HomeMy WebLinkAbout85-127REL:adg-9 10/16/85 RESOLUTION NO. 85-127 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 AN OWNER PARTIC- IPATION AGREEMENT BETWEEN THE COMMUNITY REDEVEL- OPMENT AGENCY OF THE CITY OF SANTA ANA AND ACE MUFFLER AND TRANSMISSION, INC., ET AL., FOR THE SALE OF CERTAIN REAL PROPERTY IN THE SANTA ANA INTER CITY COMMUTER STATION REDEVEL- OPMENT PROJECT AND APPROVING THE SALE OF SAID REAL PROPERTY UPON THE TERMS AND CONDITIONS CONTAINED IN THAT AGREEMENT WHEREAS, the Community Redevelopment Age'ncy of the City of Santa Ana is engaged in activities necessary to ex- ecute and implement the Redevelopment Plan for the Santa Ana Redevelopment Project and the Redevelopment Plan for the Santa Ana Inter City Commuter Station Project; and WHEREAS, in order to implement the Redevelopment Plans, the Agency has agreed, subject to the approval of this Council, to sell certain real property in the Santa Ana Inter City Commuter Station Project Area, pursuant to the terms and provisions of that certain Owner Participation Agreement between the Agency and Ace Muffler and Transmission, Inc., Miguel Armando Pulido, Miguel Angel Pulido, Marisol Pulido, Jose Pulido and Luis Pulido, which is on file in the office of the Executive Director of the Agency, in which said real property (hereinafter referred to as the "Site) is described; and WHEREAS, the Amended Agreement contains all the pro- visions, terms, conditions and obligations required by state and local laws; and WHEREAS, the Agency has prepared, and the City Council has reviewed and considered a Summary Report setting forth the cost of the Amended Agreement to the Agency, the estimated value of the interests to be conveyed determined at the highest uses permitted under the Redevelopment Plans and the purchase price, and has made said Summary Report available for public inspection in accordance with the California Community Redevelopment Law; and RESOLUTION NO. 85-127 PAGE TWO W~EREAS, the Agency ha~ found and determined that the Environmental Impact Reports prepared for the Santa Ana Redevelopment Project and the Redevelopment Plan for the Santa Ana Inter City Commuter Station Project; and are adequate for approval of the Owner Participation Agreement and that no additional Environmental Impact Report is necessary, and this Council likewise believes said Environmental Impact Reports to be adequate for its use in approving the terms and conditions of sale of the Site; 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 site and the Amended Agreement; 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 con- ditions of the proposed sale and hereby finds and determines that the sale and the redevelopment of the Site pursuant to the Owner Participation Agreement is in the best interests of the City and the health, safety 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 Site pursuant to the Owner Participation Agreement is not less than the fair market value of the Site in accordance with covenants and conditions governing such sale. ,_~OLUTION NO. 85-127 PAGE THREE 3. The sale of the Site by the Agency upon the terms and conditions contained in the Owner Participation Agreement is hereby approved. ADOPTED this 22nd day of October , 1985. ATTE ST: Daniel E. Griset Mayor COUNCILMEMBERS: Griset Aye Acosta Absent Hart Johnson A3e Luxe~bourger McGuigan Young APPROVED AS TO FORM: ~C~r~t~t~r