HomeMy WebLinkAboutResolution No. 11-R14<2
RESOLUTION NO. 11-1114
A RESOLUTION OF THE GOVERNING BOARD OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA,
CALIFORNIA, TRANSFERRING PROPERTY LOCATED AT (See
Attached Listing) TO THE CITY OF AZUSA FOR PAYMENT IN
FULL OF OUTSTANDING INDEBTEDNESS OWED TO THE
CITY
WHEREAS, pursuant to the California Community Redevelopment Law (Health and
Safety Code Sections 33000, et seq.) ("CRL"), the City Council ("City Council') of the City of
Azusa ("City") has approved and adopted a redevelopment plan ("Redevelopment Plan") for the
Merged Central Business District Redevelopment Project Area ("Project Area"); and
WHEREAS, the Governing Board ("Board") of the Redevelopment Agency of the City
of Azusa ("Agency") has adopted an implementation plan for the Redevelopment Plan
("Implementation Plan") and is engaged in activities necessary to execute and implement the
Redevelopment Plan pursuant to the CRL; and
WHEREAS, on March 24, 2008 the City Council authorized a loan of $5,300,000 to the
Agency, and the Agency accepted the loan from the Council, for the purpose of financing the
acquisition of certain real property located at (See Attached Listing) for redevelopment ("City
Loan"); and
WHEREAS, as evidenced by the Promissory Note, City may call the City Loan at any
time and require immediate repayment of the Agency indebtedness; and
WHEREAS, the City exercised this right on February 22, 2011, and the Agency does not
have available funds to repay the debt, as fulfillment of the obligations of the City Loan, at this
time. In lieu of payment in available funds, the Agency is willing to transfer, via quitclaim deed,
and the City is willing to accept, via quitclaim deed, certain real property located at (See
Attached Listing) ("Property"), the value of which is equal to the City Loan; and
WHEREAS, pursuant to CRL Sections 33430 and 33431 the Agency may dispose of real
property without public bidding by conducting a public hearing; and
WHEREAS, pursuant to CRL Section 33431, the Agency noticed the public hearing for
the transfer of the Property on February 21 and February 28 in the San Gabriel Valley Tribune;
and
NOW, THEREFORE, THE GOVERNING BOARD OF THE REDEVELOPMENT
AGENCY OF THE CITY OF AZUSA, CALIFORNIA, DOES RESOLVE AS FOLLOWS:
Section 1. The recitals set forth above are true and correct and incorporated herein.
Section 2. A public hearing, duly noticed in accordance with applicable law, was
held by the Agency on March 7, 2011 at which time the Agency received
the staff report, public testimony, and any and all evidence in support of
1
and objections to the proposed conveyance of the Property by the Agency
to the City. After receiving and considering such evidence, the Board
hereby approves the transfer of the Property to the City as payment in full
of the City Loan by and pursuant to the terms and conditions set forth in
the quitclaim deed attached hereto in substantially final form as Exhibit A.
Section 3. The Executive Director of the Agency, or his or her designee, is
authorized and directed to execute the quitclaim deed and such other
documents and instruments as may be necessary to memorialize the
obligations between the City and the Agency, in order to finalize the
transfer of the Property to the City, and shall take all other actions
necessary or convenient in the furtherance of the actions authorized by this
Resolution.
Section 4. The Agency has determined that the conveyance of the Property to the
City is exempt from the requirements of the California Environmental
Quality Act ("CEQA"), pursuant to State CEQA Guidelines Section
15061(b)(3), because it can be seen with certainty that the mere transfer of
title to the Property from the Agency to the City will not have a significant
effect on the environment.
Section 5. The Board hereby directs Agency staff, in concurrence with the City, to
file a Notice of Exemption with the Clerk of Los Angeles County within
five (5) calendar days following approval of this Resolution.
Section 6. This Resolution shall take effect immediately upon its adoption.
Section 7. The Chairperson shall sign this Resolution and the Agency Secretary shall
attest and certify to the passage and adoption of this Resolution.
ADOPTED, SIGNED, AND APPROVED this 7 day of March, 2011, by the following
vote:
AYES:
COUNCILMEMBERS: GONZALES, MACIAS, HANKS, ROCHA
NAYS:
COUNCILMEMBERS: NONE
ABSENT:
COUNCILMEMBERS: NONE
ABSTAIN:
COUNCILMEMBERS: CARRILLO
1
oseph R. Rocha, Chairperson
2
ATTEST:
Vera Mendoza, Secretary
APPROVED AS TO FORM:
A APS
Agency Counsel
EXHIBIT "A"
QUITCLAIM DEED
El