HomeMy WebLinkAbout2000-01 CRA
.*
.
.
.
~
~
RESOLUTION NO. 2000-01
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY
OF SANTA ANA APPROVING AN OWNER
PARTICIPATION AGREEMENT BETWEEN
THE AGENCY AND THE ORANGE COUNTY
ffiGH SæOOL OF THE ARTS, AND A
COOPERATION AGREEMENT WITH THE
CITY OF SANTA ANA RELATED TO THE
ORANGE COUNTY ffiGH SCHOOL OF THE
ARTS.
WHEREAS, the Community Redevelopment Agency of the City of Santa Ana
(the "Agency") is engaged in activities necessary to execute and implement the
Redevelopment Plan for the Central City Redevelopment Project Area (the "Project Area");
and,
WHEREAS, the Orange County High School of the Arts, a California nonprofit
public benefit corporation (the "Owner") in under agreement to purchase several pieces of
property within the Project Area (the "Property") and proposes to develop thereon a charter
public high school specializing in a fine arts cumculum; and
WHEREAS, in furtherance of the Redevelopment Plan, the Agency proposes to
assist the Owner pursuant to the terms and provisions of that certain Owner Participation
Agreement between the Agency and the Owner (the "OPA") a copy of which is on file in
the office of the Executive Director of the Agency; and,
WHEREAS, under the terms of the OP A the Owner agrees to rehabilitate the
Property and operate the school on the Property for at least 10 years in exchange for
payments by the Agency; and,
WHEREAS, the OP A contains all of the provisions, terms, conditions and
obligations required by state and local law; and,
WHEREAS, the Agency proposes to seek the financial assistance of the City of
Santa Ana (the "City") in meeting its obligations under the OP A in the fonn of a standby
revolving loan under the terms of that certain Cooperation Agreement presented to the
Council and on file in the Office of the Clerk Gfthe Council (the "Cooperation
Agreement"); and,
WHEREAS, the Agency has reviewed and considered the Negative Declaration No.
00-2 prepared by the City for the proposed OP A, the Cooperation Agreement and the
development of the Property.
.. ~ f
.
.
.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS:
1. The Agency hereby finds and determines that Negative Declaration No. 00-2
is adequate for approval of the OP A and development of the Site.
2. The Agency has considered all the tenns and conditions of the OP A and
hereby finds and determines that the payments under the OP A do not exceed the fair value
of the covenants of the Owner thereunder, and that the redevelopment of the Site pursuant to
the OP A is in the best interest of the community and the health, safety and welfare of its
residents, and is in accord with the public purposes and provisions of Community
Redevelopment Law.
3. The OPA is hereby app~ved, and the Chairman of the Agency is hereby
authorized to execute the OP A, with such non-substantive changes as may be approved by
Agency Counsel.
4. The Cooperation Agreement is hereby approved, and the Chairman of the
Agency is hereby authorized to execute it on behalf of the Agency, with such non-
substantive changes as may be approved by Agency Counsel.
5. The Executive Director of the Agency is hereby authorized to take all steps,
and to sign all documents and instruments, necessary to implement and carry out the OP A
and the Cooperation Agreement on behalf of the Agency.
ADOPTED this.1!h.. day of Februarv.2ooo.
AYES: MEMBERS: Bist, Lutz, McGuigan, Pulido
NOES: MEMBERS: Moreno
ABSENT: MEMBERS: Christy, Franklin
ATTEST:
~
Chairman
~~
Cynthia J. Nelson
Executive Director/Recording Secretary
Agency Resolution No. 2000-01
Page 2