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HomeMy WebLinkAbout040708 Jt PH Sale Agency Prop 715-719 N. Concord StREQUEST FOR COUNCIL/ AGENCY ACTION MEETING DATE: APRIL 7, 2008 JOINT PUBLIC HEARING — SALE OF AGENCY —OWNED PROPERTY LOCATED AT 715 -719 NORTH CONCORD STREET CLLQ CITY M NAGER �sIEXECUTI DIRECTOR RECOMMENDED ACTION CITY COUNCIL CLERK OF COUNCIL USE ONLY: Mahan : t9l La ea dW4. &_rawtde.o APPROVED As Recommended 7'6 ❑ As Amended ❑ Ordinance on 1st Reading ❑ Ordinance on 2nd Reading ❑ Implementing Resolution ❑ Set Public Hearing For CONTINUED TO FILE NUMBER Adopt a resolution making certain findings with respect to the consideration to be received by the Community Redevelopment Agency pursuant to a Purchase and Sale Agreement between the Agency and the City for the sale of property located at 715 -719 North Concord Street and authorizing the Deputy City Manager for Development Services to execute all required documents. COMMUNITY REDEVELOPMENT AGENCY pl:A . 00a` Adopt a resolution authorizing the sale of Agency -owned property located at 715 -719 North Concord Street and authorizing the Executive Director to execute all required documents. DISCUSSION The Community Redevelopment Agency has purchased a number of properties over the years for the development of very low -, low- and moderate - income housing. California Community Redevelopment Law restricts the length of time an Agency may hold land for future development to ten years. Currently, the Agency owns two lots that will soon exceed this time limit. In order to comply with State law, the Community Redevelopment Agency will sell the property located at 715 -719 North Concord Street (Exhibit 1) to the City of Santa Ana for its appraised 4 -13 Joint Public Hearing - Sale of Agency -Owned Property April 7, 2008 Page 2 value of $586,000. The intent is to ultimately develop this site in a manner consistent with the surrounding neighborhood. ENVIRONMENTAL COMPLIANCE In accordance with the California Environmental Quality Act, this project is exempt from further review. Categorical Exemption No. ER 2008 -70 will be filed for this project. FISCAL IMPACT Funds for the acquisition of this property are available in the Capital Outlay Fund Non - Departmental Land account (account no. 051 - 012 - 6611). Proceeds from the sale of the property to the City of Santa Ana will be deposited in the Agency's Housing Set -Aside Sale of Land account (account no. 507 -01- 5721). APPROVED AS TO FUNDS AND ACCOUNTS: elly ndry -Bag e �01,Francisco Gutierrez Housing anager Executive Director Community Development Agency Finance and Management Services SGH /SLB /mfr 040708 JT PH CC -CRA saleAgenProp719Concord 4 -14 "2' 715 -719 North Concord Street Exhibit 1 4 -15 4/12/07 LES RESOLUTION NO. 2008- A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING THE SALE OF AGENCY OWNED PROPERTY LOCATED AT 715 -719 N. CONCORD STREET; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE DOCUMENTS AS NECESSARY; AND MAKING CERTAIN FINDINGS WITH RESPECT THERETO, ON BEHALF OF THE AGENCY 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 property located at 715- 719 N. Concord Street ( "the Property ") will soon exceed the legal time limit. C. The Agency has agreed, subject to the approval of the City Council, to sell said real property at its current appraised value, 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 is described. D. The Agreement contains all of the provisions, terms, conditions and obligations required by state and local laws. 1 4 -16 4112/07 LES E. The proposed sale of the Property is exempt from further review and in accordance with the California Environmental Quality Act, Categorical Exemption ER No. 2008 -70 will be filed for this project. 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 2. The Purchase /Sale Agreement is 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. 2 4 -17 4112/07 LES ADOPTED this day of 2008. Miguel A. Pulido Chair APPROVED AS TO FORM: Joseph W. Fletcher, General Counsel By: Lisa E. Storck Assistant General Counsel AYES: Boardmembers: NOES: Boardmembers: ABSTAIN: Boardmembers: NOT PRESENT: Boardmembers: CERTIFICATION OF ATTESTATION AND ORIGINALITY I, PATRICIA E. HEALY, Secretary of the Agency, do hereby attest to and certify the attached Resolution No. 2008 to be the original resolution adopted by the Community Redevelopment Agency of the City of Santa Ana on Date: Secretary, Community Redevelopment Agency City of Santa Ana 3 ME