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HomeMy WebLinkAbout1985-51 CRA . If:"". . . . . 1 REL:adg-9 11/12/85 RESOLUTION NO. 85-51 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING AN AGREEMENT BETWEEN THE AGENCY AND URBAN VENTURES CORPORATION AND McMAHONS FURNITURE ASSOCIATES WHEREAS, the Community Redevelopment Agency 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 WHEREAS, in order to implement the Redevelopment Plans, the Agency proposes to sell certain real property in the project Area, pursuant to the terms and provisions of that certain "Disposi t ion and Development Agreement II be tween the Agency and Urban Ventures Corporation and McMahons Furniture Associates, 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, Urban Ventures Corporation has submitted to the Agency a written offer in the form of said Agreement to purchase the Site¡ and WHEREAS, the proposed Agreement contains all the provisions, terms, conditions and obligations required by state and local law¡ and WHEREAS, Urban Ventures Corporation possesses the qualifications and financial resources necessary to acquire and insure development of the Site, in accordance with the purposes and objectives of the Redevelopment Plan; and WHEREAS, the Agency has prepared, reviewed and con- sidered a Summary Report setting forth the cost of the Agreement to the Agency, the estimated value of the interests to be con- veyed determined at the highest uses permitted under the Re- development Plans, and the purchase price, and made said sum- mary Reports available for public inspection in accordance with the California Community Redevelopment Law¡ 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 proposed agreement¡ . ¡ , - .. . . RESOLUTION NO. 85-51 PAGE TWO NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: 1. The Agency has considered all the terms and conditions of the proposed sale and hereby finds and determines that the redevelopment of the Property pursuant to the said Agreement is in the best interest 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 said Agreement is hereby approved, and the Chair- man of the Agency is hereby authorized to execute the said Agreement and the Grant Deed pertaining thereto. 3. The Executive Director is hereby authorized to take all steps, and to sign all documents and instruments necessary to implement and carry out the said Agreement on behalf of the Agency. 4. The Agency finds and determines that the Environ- mental Impact ReportS (EIR'S) prepared for the Santa Ana Redevel- opment Project is adequate for approval of the said Agreement, and that preparation of an additional Environmental Impact Report is not necessary for the following reasons: (a) Implementation of the Agreement does not represent any change in the Redevelopment project¡ nor does it involve any new significant environmental impacts other than those considered in the E.I.R. (b) No substantial changes have occurred with respect to the circumstances under which the Redevelopment Project is undertaken which involve any new significant environmental effects not covered in the E.I.R. (c) No new information of substantial importance to the Redevelopment Projects has become available which shows that the Redevelopment Project will have any significant effects not discussed in the E.I.R. for the Redevelopment project¡ or that the significant effects previously examined will be substantially more severe than shown in the E,I,R.¡ . " . " . . . . RESOLUTION NO. 85-51 PAGE THREE or that any mitigation measures or alternatives exist which would be feasible and would substantially reduce any signif- icant effect of the Redevelopment project but were either not considered in that E.I.R. or found not to be feasible. 5. The approval of the said Agreement by the Agency, as hereinabove set forth, is conditional upon the approval of the sale of the Site upon the terms and conditions contained therein by the City Council of the City of Santa Ana. ADOPTED this ------ day of by the following vote: , 1985, AYES: MEMBERS: NOES: MEMBERS: ABSENT: MEMBERS: ATTEST: Daniel E. Griset Chairman Rex Swanson, Executive Director/Recording Secretary APPROVED AS TO FORM: