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HomeMy WebLinkAboutResolution No. 04-R280 0 RESOLUTION NO. 04-R28 A RESOLUTION OF THE CITY OF AZUSA MAKING CERTAIN FINDINGS PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 33433 IN CONNECTION WITH A DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AND 100 WEST FOOTHILL BLVD, LLC WHEREAS, pursuant to Ordinance Number 2062 adopted on September 18, 1978, the City Council of the City of Azusa ("City") approved and adopted a redevelopment plan ("Redevelopment Plan") for the Business District Project Area ("Project Area"); and WHEREAS, the Redevelopment Agency of the City of Azusa ("Agency") is engaged in activities to execute and implement the Redevelopment Plan for the Project Area pursuant to the provisions of California Community Redevelopment Law (Health and Safety Code Section 33000 et seq.) ("CRL"); and WHEREAS, Agency owns certain real property located within the Project Area generally described as 100 West Foothill Boulevard, Azusa, California, commonly identified as Los Angeles County Assessor's Parcel Number 8611-004-034 ("Property"); and WHEREAS, 100 West Foothill Blvd, LLC ("Developer") desires to develop a retail development on the Property ("Project"); and WHEREAS, the Agency has determined that the development of the Project on the Property will assist the community in eliminating and preventing conditions of blight on the Property and prevent the spread of conditions of blight into other areas of the community; and WHEREAS, Agency staff and Developer have negotiated the terms of a proposed Disposition and Development Agreement ("DDA") that provides for, among other things: (i) the Agency's conveyance of the Property to the Developer for a purchase price that is $500,000, and (ii) the Developer's acquisition of the Property from the Agency and development of the Project on the Property, pursuant to the terms and conditions of the DDA; and WHEREAS, a copy of the DDA is with the City Clerk and has been on file at the Agency's office and available to the public for inspection; and WHEREAS, CRL Section 33430 authorizes the Agency to sell real property it owns or acquires for redevelopment purposes and the DDA is consistent with the intent and purpose of CRL Section 33430; and WHEREAS, pursuant to CRL Section 33433, Agency has prepared a summary report ("Report") setting forth, among other things, (i) the cost of the DDA to Agency 683392.1 0 0 (including the fact that the Property is being conveyed to the Developer for a purchase price that is $500,000 as determined by an independent third party Appraisal), (ii) the estimated value of the interest to be conveyed, and (ii) an explanation of how the acquisition and conveyance of the Property will assist in the elimination of blight within the Project Area; and WHEREAS, the Report is with the City Clerk and has been on file at the Agency's office and available to the public for inspection in accordance with CRL Section 33433; and WHEREAS, pursuant to CRL Section 33433, the City Council held a duly noticed public hearing on November 15, 2004, concerning the approval of the Report and the proposed Agreement; and WHEREAS, approval of the Agreement and the conveyance are categorically exempt from the California Environmental Quality Act ("CEQA") under State CEQA Guidelines Section 15302 because the Project consists of the reconstruction of existing structures and facilities with a new structure of substantially the same size, purpose and capacity; and WHEREAS, pursuant to the foregoing, the City, as a responsible agency under CEQA, has determined that a Notice of Exemption for sale of the Property should be filed pursuant to CEQA, the State CEQA Guidelines and the Agency's Local CEQA Guidelines WHEREAS, all other legal prerequisites to the adoption of this resolution ("Resolution") have occurred. NOW, THEREFORE, BE IT RESOLVED by the City of Azusa, as follows: Section 1. The City Council finds and determines that the sale of the Property as provide in the DDA will assist in the elimination of blight within the City for the reasons set forth in the Report. Section 2. The City Council finds and determines that the sale of the Property as provided in the DDA is consistent with the Implementation Plan adopted for the Redevelopment Plan pursuant to CRL Section 33490 for the reasons set forth in the Report. Section 3. The City Council finds and determines that the consideration paid by the Developer to the Agency for the purchase of the Property is not less than the $500,000. Section 4. The City Council approves the DDA, together with non -substantive changes and amendments as may be approved by both the City Manager and City Attorney. 683382.1 Section 5. take any actions Agreement. Section 6. 683382.1 0 0 The City Council hereby authorizes and directs the City Manager to and execute any and all necessary documents to implement the This Resolution shall take effect immediately upon its adoption. 0 0 PASSED, APPROVED AND ADOPTED this 15th day of -November, 2004. / Chairperson Redevelopment Agency of the City of Azusa ATTEST: A ncy Secretary City of Azusa Approved AS TO LEGAL FORM BEST BEST & KRIEGER LLP Agency Counsel Redevelopment Agency of the City of Azusa I, Vera Mendoza, Agency Secretary of the Redevelopment Agency of the City of Azusa, do hereby certify that the foregoing Resolution No. 04-R28 was passed and adopted by the Governing Board of the Redevelopment Agency of the City of Azusa at a regular meeting thereof, held on the 15th day of November, 2004, by the following vote of the Board: AYES: BOARDMEMBERS: HARDISON, STANFORD, CHAGNON NOES: BOARDMEMBERS: ROCHA, MADRID ABSENT: BOARDMEMBERS:NONE Agency Secretary City of Azusa 693382.1