HomeMy WebLinkAboutResolution No. 94-R440 0
RESOLUTION NO. 94—R44
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 THE SALE OF REAL PROPERTY BY THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
PURSUANT TO THAT CERTAIN AMENDMENT TO
DISPOSITION AND DEVELOPMENT AGREEMENT BY
AND BETWEEN THE REDEVELOPMENT AGENCY OF
THE CITY OF AZUSA AND LEE GROUP, INC.
THE CITY COUNCIL OF THE CITY OF AZUSA AND THE BOARD MEMBERS
OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DO HEREBY
RESOLVE AS FOLLOWS:
SECTION 1. The City Council of the City of Azusa and the Board Members of the
Redevelopment Agency of the City of Azusa hereby jointly find, determine and declare that:
A. The Redevelopment Agency of the City of Azusa ("Agency") is engaged in activities
necessary to execute and implement the Redevelopment Plan for the Central Business District
Redevelopment Project ("Project"); and
B. In order to implement the Redevelopment Plan, the Agency proposes to amend an
existing Disposition and Development Agreement between the Agency and HLC Const. Corp.,
the predecessor in interest to Lee Group, Inc., to provide for the assumption of such agreement
by Lee Group Inc., and the modification of that agreement to provide for the sale of additional
property ("Property") and the construction of two additional homes (the "Amendment"); and
C. The Agency and Lee Group, Inc. ("Developer") have negotiated the terms of the
Amendment; and
D. The proposed Amendment contains all the provisions, terms, conditions, and
obligations required by state and local law; and
E. The Developer has agreed to acquire the Property and develop that Property as
described in the Amendment, in accordance with the purposes and objectives of the
Redevelopment Plan; and
F. The Agency has prepared, and the City Council has reviewed and considered, a
summary setting forth an explanation of why the sale of the Property will assist in the
elimination of blight, with reference to all supporting facts and materials relied upon in making
this explanation; and
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G. The Agency has prepared, and the City Council has reviewed and considered, a
summary setting forth the cost of the Amendment to the Agency, the estimated value of the
interests to be conveyed determined at the highest uses permitted under the Redevelopment Plan
and at the use and with the conditions, covenants, and development costs required by the sale
and the purchase price or sum of the lease payments, and made said summary available for
public inspection in accordance with the California Community Redevelopment Law; and
H. The Agency and City have found the Amendment to be exempt pursuant to Section
15303 of Title 14 of the California Code of Regulations; and
I. 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 is in the best
interests of the City and in accord with the public purposes and provisions of applicable State
and local laws.
SECTION 2. The City and Agency hereby find and determine that the proposed
Amendment satisfies the categorical exemption found in Section 15303 of Title 14 of the Code
of California Regulations, adopted pursuant to the California Environmental Quality Act.
SECTION 3. The City hereby finds and determines that the sale of the Property will
assist in the elimination of blight.
SECTION 4. The City hereby finds and determines that the consideration for sale of the
Property is not less than the fair reuse value of the land with the use and with the covenants and
conditions and development costs authorized by the sale or lease.
SECTION 5. The sale of the Property by the Agency to the Developer and the
Amendment which establishes the terms and conditions for the sale and development of such
property, are hereby approved in substantially the form presented to the Board and City Council,
together with such minor changes as may be approved by the City Administrator and the City
Attorney.
SECTION 6. The City Administrator is hereby authorized to execute said Agreement
on behalf of the City and to take all action necessary to carry out said Agreement.
SECTION 7. The City Clerk shall certify to the passage and adoption of this Resolution
and the same shall thereupon take effect and be in force.
PASSED, APPROVED AND ADOPTED this 1st day of August, 1994.
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Mayor/Chairman
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 1st day of August, 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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