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HomeMy WebLinkAboutResolution No. 4774 RESOLUTION NO. 4774 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY APPROVING THE SALE OF REAL PROPERTY IN THE DOWNEY REDEVELOPMENT PROJECT AREA TO ICI - ZELLER AND AUTHORIZING THE EXECUTION OF A FIRST AMENDMENT TO DISPOSITION AND DEVELOPMENT AGREEMENT WHEREAS, the Community Development Commission of the City of Downey (hereinafter referred to as the "CDC "), under the provision of the California Community Redevelopment Law, is engaged in activities necessary for the execution of the Redevelopment Plan for the Downey Redevelopment Project Area (hereinafter referred to as the "Project Area "); and WHEREAS, the CDC, the City of Downey (the "City ") and Raymond Zeller and Glenda Zeller, doing business as R &S Development ( "R &S ") entered into a certain Disposition and Development Agreement, dated as of August 23, 1984 (the "DDA "), a copy of which is on file with the CDC, which pertained to the disposition and development of certain real property (the "Site "), and WHEREAS, R &S desires to confirm the assignment of its position as Redeveloper pursuant to the DDA to ICI - Zeller, a California partnership ("ICI - Zeller"), and to modify certain provisions of the DDA; and WHEREAS, the proposed Modifications to the DDA are set forth in that certain "First Amendment to Disposition and Development Agreement by and Among the Community Development Commission of the City of Downey, R &S Development, and ICI - Zeller (the "First Amendment "), which is attached hereto and incorporated herein by reference; and WHEREAS, the CDC has held a public hearing on the proposed sale and the First Amendment upon duly published notice; and WHEREAS, the CDC has duly considered all terms and conditions of the proposed sale and believes that the development of the Site pursuant to the subject Agreement is in the best interests of the City and health, safety, morals and welfare of its residents, and in accord with the public purposes and provisions of applicable State and local law requirements; and WHEREAS, the City Council has received and considered the report of said CDC staff on the proposed development to be carried out pursuant to said First Amendment and the Negative Declaration on such proposed development, and as result of its said consideration and evidence presented at the hearing on the same matter, this CDC has determined that said project will not have any significant effect on the environment other than as identified in the Environmental Assessment (Initial Study) prepared for the subject project; NOW, THEREFORE, the City Council of the City of Downey does hereby find, determine, order and resolve as follows: Section 1. The Environmental Determination (Negative Declaration) prepared for this project indicates that the proposed development will not have a significant effect on the environment, and such is hereby certified. Section 2. ICI - Zeller is approved as Redeveloper pursuant to the DDA and the First Amendment. Section 3. The sale of the real property by the CDC to ICI- Zeller pursuant to the First Amendment is hereby approved. Section 4. Subject to, and conditioned upon, approval of a variance to allow conduct on the Site of a machine shop use employing machines with not more than 10 horsepower each (and a total of not to exceed 77 horsepower on the Site), the Chairman shall be deemed authorized to execute the First Amendment and to take all steps and sign all documents and instruments including, but not limited to, the grant deed to carry out the First Amendment on behalf of the CDC. Resolution No. 4774 Page 2 PASSED, APPROVED and ADOPTED this 24th day of June , 1986. Mayor ATTEST: ;/ r City Clerk I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Downey at a regular meeting hereof, held on the 24th day of June , 1986, by the following vote, to wit: Ayes: 4 Council Boggs, Cormack, Barb, Davila Noes: o Council Absent: o Council Abstain : 1 Council Santangelo / ty"C er