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12/11/02 LES
RESOLUTION NO. 2002-11
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF
SANTA ANA APPROVING THE SALE OF AGENCY
OWNED PROPERTY LOCATED AT 601 E. THIRD
STREET, 826 N. LACY STREET AND 616 E. FIFTH
STREET
BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF SANTA ANA, AS FOLLOWS:
Section 1: The Board of the Community Redevelopment Agency of the City of
Santa Ana hereby finds, determines and declares as follows:
A. The Community Redevelopment Agency of the City of Santa Ana
(hereinafter referred to as the "Agency") has purchased a number of
properties over the years for the development of low and moderate
income housing.
B. California Community Redevelopment law (Health and Safety Code
section 33334.16) currently restricts the length of time that an Agency can
hold land for future development to ten years. The abovementioned
properties exceed the legal time limit.
C. The Agency has agreed, subject to the approval of the City Council,
to sell said real properties at their current appraised values, pursuant to the
terms and provisions of a Purchase/Sale Agreement (hereinafter referred
to as the "Agreement") between the Agency and the City of Santa Ana,
which is on file in the office of the Executive Director of the Agency, in which
said real property (hereinafter referred to as the "Property") is described.
D. The Agreement contains all of the provisions, terms, conditions and
obligations required by the state and local laws.
E. The proposed sale of the Properties is exempt from further review
and in accordance with the California Environmental Quality Act, categorical
exemption ER No.'s 2002-366, 2002-367 and 2002-368 will be filed for
these projects.
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12/11/02 LES
F. 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 pursuant to the Agreement.
Section ? The Purchase/Sale Agreements are hereby approved, and the
Executive Director of the Agency is hereby authorized to execute the Agreement, with
such non-substantive changes as may be approved by Agency's General Counsel.
Section 3. 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 Agreements on behalf of the Agency.
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12/11/02 LES
ADOPTED this 16th day of December ,2002.
APPROVED AS TO FORM:
Joseph W. Fletct),er, General Counsel
c / ~
By: j' (I
Lisa E Storc
Assist nt Geri~ral Counsel
Alvarez, Bist, Christy,
Frankl in, Garcia, Pul ida,
AYES: Boardmembers: Solorio (7)
NOES: Boardmembers: None (0)
ABSTAIN: Boardmembers: None (0)
NOT PRESENT: Boardmembers: None (0)
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, JOHN REEKSTIN, Secretary of the Agency, do hereby attest to and certify the
attached Resolution No. 2002-11 to be the original resolution adopted by the
Community Redevelopment Agency of the City of Santa Ana on December 16, 2002
~/L
Sec etary
City of Santa Ana
Date: January 7, 2003
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