HomeMy WebLinkAboutResolution No. 94-R570 0
RESOLUTION NO. 94—x57
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF AZUSA AND THE BOARD MEMBERS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
APPROVING AN AMENDMENT TO DISPOSITION AND
DEVELOPMENT AGREEMENT BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF AZ A
AND R.E. BLEWETT COMPANIES, INC. TO AS GN
DISPOSITION AND DEVELOPMENT AGREEME TO
AZUSA HERITAGE, A CALIFORNIA L ITED
PARTNERSHIP
HE CITY COUNCIL OF THE CITY OF AZUSA A THE BOARD MEMBERS
OF TH REDEVELOPMENT AGENCY OF THE CIT OF AZUSA DO HEREBY
RESOLV AS FOLLOWS:
SECTI 1. The City Council of the City of zusa and the Board Members of the
Redevelopment ency of the City of Azusa hereby j tly find, determine and declare that:
A. The Rede elopment Agency of the City Azusa ("Agency") is engaged in activities
necessary to execute a d implement the Redevelo ent Plan for the Central Business District
Redevelopment Project "Project"); and
B. In order to imp ent the Redeve pment Plan, the Agency proposes to amend an
existing Disposition and De elopment Ag ement between the Agency and R.E. Blewett
Companies, Inc., a California rporation, o provide for the assumption of such agreement by
Azusa Heritage, a California 'iced p nership, with R.E. Blewett Companies, Inc., a
California Corporation, as Gener Part r, and Tone Yee Investments & Developments, A
California General Partnership, as " i d Partner; and
C. The Agency and Azusa ge ("Developer") have negotiated the terms of the
Amendment; and
D. The proposed Ame men, conta s all the provisions, terms, conditions, and
obligations required by state and ocal law; and
E. The Developer ha agreed to acquir\therofpeirty and develop that Property as
described in the Amendm t, in accordancepurposes and objectives of the
Redevelopment Plan; and
F. The Agency s previously prepared, andthe Council has reviewed and
considered, a summary s ting forth an explanation of why the s of the Property will assist
in the elimination of bli t, with reference to all supporting facts a materials relied upon in
making this explanatio and
G. The AItr-1
cy has previously prepared, and the City Court has reviewed and
considered, a sum setting forth the cost of the Amendment to the Age y, the estimated
value of the inter to be conveyed determined at the highest uses peNt
er the
Redevelopment P n and at the use and with the conditions, covenants, and costs
required by the ale and the purchase price or sum of the lease paymene said
summary avai ble for public inspection in accordance with the Califmunity
Redevelonme the/
Law: and
H. fthe Agency and City have found the Amendment to be exempt pursuant to SeNion
15303 of isle 14 of the California Code of Regulations; and
0 0
1. Pursuant to provisions of the California Community Redevelopment Law, the Agency
and the City Council held a duly noticed joint public hearing on the proposed sale of the
Property and on the proposed Agreement; and
J. The redevelopment of the Property pursuant to the proposed Amendment Vin the best
interests of the City and in accord with the public purposes and provisions of a licable State
and local laws.
SECTION 2. The City and Agency hereby find and determi that the proposed
Amendment satisfies the categorical exemption found in Section 15303 f Title 14 of the Code
of Califorr�a Regulations, adopted pursuant to the California Enviro ental Quality Act.
SECTI 3. The City hereby finds and determines tha the sale of the Property will
assist in the el
imt tion of blight.
SECTION 4. e City hereby finds and determine hat the consideration for sale of the
Property is not less than a fair reuse value of the land th the use and with the covenants and
conditions and developme costs authorized by the sa or lease.
SECTION 5. The sa\subntia
Property the Agency to the Developer and the
Amendment which establishesand con tions for the sale and development of such
property, are hereby approved lly th form presented to the Board and City Council,
together with such minor chanbe proved by the City Administrator and the City
Attorney.
SECTION 6. The City Adminis ator hereby authorized to execute said Agreement
on behalf of the City and to take all ac on neces ry to carry out said Agreement.
SECTION 7. The City Cler shall certify tot passage and adoption of this Resolution
and the same shall thereupon take ffect and be in fort
PASSED, APPROVED/AND ADOPTED this 17tNay of October, 1994.
- PROTEM
I HEREBY CERTIFY that the foregoing Resolution was duly adopted of a joint meeting
of the City Council of the City of Azusa and the Redevelopment Agency of the City of Azusa,
at a regular meeting thereof, held on the 17thday of October, 1994, by the following vote of
the Council:
AYES: COUNCILMEMBERS/BOARDMEMBERS: HARDISON, MADRID, NARANJO, BEEBE
NOES: COUNCILMEMBERS/BOARDMEMBERS: ALEXANDER
ABSENT: COUNCILMEMBERS/BOARDMEMBERS: NONE
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