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HomeMy WebLinkAbout1985-25 CRA ~. -8 . REL:adg 7/22/85 RESOLUTION NO. 85- 25 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING AN AGREEMENT BETWEEN THE AGENCY AND KLST PARTNERSHIP, LTD. 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 Plan, the Agency proposes to sell certain real property in the Project Area, pursuant to the terms and provisions of that certain "Participation Agreement" between the Agency and KLST Partnership, Ltd., 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, KLST Partnership, Ltd. 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, KLST Partnership, Ltd. 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 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 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, 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¡ and . . . RESOLUTION NO. 85- 25 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 Report prepared for the Santa Ana Redevelopment Project as supplemented by the Supplemental Environmental Impact Report prepared for the Fashion Square project (E.I.R.) 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 Project has become available which shows that the Redevelopment project will have any significant effects not discussed in the E.I.R.¡ or that the significant effects previously examined will be substantially more severe than shown in the E.I.R.¡ or that any mitigation measures or alternatives exist which would be feasible and would substant- ially reduce any significant effect of the Redevelopment Project but were either not considered in that E.I.R. or found not to be feasible. - . . RESOLUTION NO. 85- 25 PAGE THREE 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, Auqust AYES: MEMBERS: Acosta, Hart, Johnson, Luxembourger, McGuigan and Young NOES: MEMBERS: None ABSENT: MEMBE RS: Griset tv A~~ Rex Swanson, Executlve Director/Recording Secretary Daniel E, Griset Chairman