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HomeMy WebLinkAboutResolution No. 04-R60 RESOLUTION NO. 04-R6 0 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT WITH LTA, LLC PERTAINING TO PROPERTY LOCATED AT 428432 NORTH SAN GA13RIEL BOULEVARD WHEREAS, the City Council of the City of Azusa ("City") approved and adopted a redevelopment plan ("C13D Redevelopment Plan") for the Central Business District Redevelopment Project Area ("CBD Project Area") on September 18, 1978, by Ordinance Number 2062, and approved and adopted a separate redevelopment plan ("West End Redevelopment Plan") for the West End Redevelopment Project Arca ("West End Project Area") on November 28, 1983, by Ordinance Number 2196; and WHEREAS, on November 7, 1988, by Ordinance Number 2382, the CBD Project Area was merged with the West End Project Area creating one merged project area ("Merged Project Area"); and WHEREAS, on October 6, 2003, by Ordinance Number 03-06, the CBD Redevelopment Plan and the West End Redevelopment Plan were replaced with one amended and restated redevelopment plan ("Amended and Restated Redevelopment Plan") applicable to the Merged Project Area; and WHEREAS, the Redevelopment Agency of the City ("Agency") is engaged in activities necessary to execute and implement the Amended and Restated Redevelopment Plan for the Merged Project Area pursuant to the provisions of California Community Redevelopment Law (Health and Safety Code Section 33000 ct seq.) ("CRL"); and WHEREAS, the Agency owns certain real property located at 428-432 North San Gabriel Boulevard within the Merged Project Area ("Property'); and WHEREAS, Agency staff and LTA, LLC ("Developer") have negotiated the terms of a proposed disposition and development agreement ("Agreement") providing for, among other things, the Developer's purchase of the Property and development of the Property in accordance with certain terms and conditions set forth in the Agreement and the Amended and Restated Redevelopment Plan; and WHEREAS, a copy of the Agreement is attached to this Resolution as Exhibit "A'; and WHEREAS, CRL Section 33430 authorizes the Agency to sell real property for redevelopment purposes; and WHEREAS, CRL Section 33431 requires the Agency to hold a duly noticed public hearing before making any sale of real property pursuant to CRL Section 33430 without public bidding; and WHEREAS, on March 2, 2004 the Agency held a duly noticed public hearing to consider the sale of the Property to the Developer and the approval of the Agreement; and RVPUMKCVW65294.1 NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of Azusa as follows: Section 1. The recitals of fact set forth above are true and correct. Section 2. The Agency held a duly noticed public hearing on March 2, 2004, regarding the transaction contemplated by the Agreement. The Agreement is approved in the form attached to this Resolution as Exhibit "A". Section 3. The Executive Director of the Agency, with the concurrence of Agency Counsel, is authorized to execute and deliver the Agreement, subject to such non -substantive modifications of the Agreement as the Executive Director of the Agency deems necessary and appropriate, with Agency Counsel's approval. The Executive Director of the Agency is further authorized, with Agency Counsel's approval, to cxcarte and deliver such other documents and instruments as may be reasonably necessary or convenient to implement or carry out the Agreement. Section 4. The Agency further finds and determines that the Agency's approval of the Agreement is exempt from the requirements of the California Environmental Quality Act ("CEQA"), pursuant to Title 14 California Code of Regulations Section 15061. The Agreement simply authorizes the Agency to sell the Property to the Developer. There is no current development proposal for the Property. Without any current development proposal, the Agency finds and determines that it can be seen with certainty that there are no potentially significant effects on the environment arising from the sale of the Property to the Developer and thus the activity is exempt from CEQA. (14 CCR section 15061(b)(3).) Further, it can be seen with certainty that the Agreement does not have a reasonably foreseeable indirect or cunwlative impact on the environment because it is only an authorization to sell the Property and does not involve any development. The transaction does not commit the Agency to any specific course of action. Further, the Agreement requires the Developer to comply with all laws applicable to the Property, including the City of Azusa's general plan and zoning, and to obtain the approval of the City of Azusa, through the City's development application process, prior to commencing any development of the Property in the future. The Executive Director of the Agency is authorized and directed to file a Notice of Exemption under CEQA, regarding the Agency's action in approving the Agreement by this Resolution, with the Clerk of the County of Los Angeles, within five (5) days following the date of adoption of this Resolution. Kvru13vccv\ev52e4.1 0 Section 5. This Resolution shall take eflect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this 2nd day of rc 04. By: Chairperson of the"Govehiing Board Redevelopment Agency of the City of Azusa ATTEST: By: Agency Secretary L APPROVED AS TO FORM: BEST BEST & KRIEGER LLP pp By: ��ii rt Ll�,t t Agency Cimsel kvvuu\IccV\665294.1