HomeMy WebLinkAboutResolution No. 02-C054G
RESOLUTION NO. 02-054
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
_AZUSA APPROVING THE SALE OF REAL PROPERTY BY
THE REDEVELOPMENT AGENCY OF THE CITY OF
AZUSA PURSUANT TO THAT CERTAIN DISPOSITION AND
DEVELOPMENT AGREEMENT BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
AND DR. RALPH REYES
THE CITY COUNCIL OF THE CITY OF AZUSA DOES HEREBY RESOLVE AS
FOLLOWS:
SECTION 1. The City Council of the City of Azusa hereby finds, determines and declares
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 Merged Central Business
District Project Area ("Project"); and
B. In order to implement the Redevelopment Plan, the Agency proposes to sell certain
real property in the Project Area, pursuant to the terms and provisions of a certain Disposition and
Development Agreement ("Agreement"); and
C. The Agency and Dr. Ralph Reyes (`Developer") have negotiated the terms of the
Agreement; and
D. The proposed Agreement 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 the Property as
described in the Agreement, 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 ' _
G. The Agency has prepared, and the City Council has reviewed and considered, a
summary setting forth the cost of the Agreement 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 and made said summary available for public inspection in accordance with the California
Community Redevelopment Law; and
H. The Agency has prepared, and the Agency Board and City Council have reviewed and
considered, a Negative Declaration which considered the development of the Property; 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 Agreement 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 hereby finds and determines that the proposed Agreement and sale
and development of the Property will not have a significant effect on the environment or result in a
substantial or potentially substantial adverse change in the environment.
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SECTION 3. The City hereby finds and determined that the sale of the property will assist in
the elimination of blight and that the sale is consistent with the implementation plan adopted by the
Agency pursuant to Health and Safety Code Section 33490.
-SECTION 4. The City hereby finds and determines that the consideration for sale of that
certain real property described as the Property, pursuant to the Disposition and Development
Agreement between the Agency and the Developer is not less than fair market value at its highest
and best use in accordance with the redevelopment plan or fair reuse value at the use and with the
covenants and conditions and development costs authorized by the sale.
SECTION 5. The sale of the Property by the Agency to the Developer and the Disposition
and Development Agreement which establishes the terms and conditions for the sale and
development of such property, are hereby approved in substantially the form presented to the 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.
Mayor
1DOPTED this 6`h day of May 2002.
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of
the City of Azusa, at a regular meeting thereof, held on the 6h day of May 2002, by the following
vote of the Council:
AYES: COUNCILMEMBERS: HARDISON,ROCHA,CHAGNON,MADRID
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE.
ABSTAIN: COUNCILMEMBERS: STANFORD
City Clerk
W VRESOSIREVES C0502.WPD
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