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HomeMy WebLinkAboutResolution No. 6072 RESOLUTION NO. 6072 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY AMENDING RESOLUTION 5904 RELATING TO THE PAYMENT OF A FEE IN LIEU OF CERTAIN OFF- STREET PARKING IN CONJUNCTION WITH A MULTI-PLEX MOTION PICTURE THEATER AND RESTAURANT IN A PARKING ASSESSMENT DISTRICT AND AUTHORIZING KRIKORIAN PREMIERE THEATRES, INC., TO PERFORM CERTAIN STREET IMPROVEMENTS WHEREAS, the Community Development Commission of the City of Downey has approved a Disposition and Development Agreement with Krikorian Premiere Theatres, Inc. ( "DDA"); and WHEREAS, pursuant to the DDA, the Community Development Commission agreed to sell to Krikorian Premiere Theatres, Inc,. and Krikorian Premiere Theatres, Inc. agreed to buy from the Community Development Commission, certain real property referred to herein as the Site, which property is to be developed with a multiplex motion picture theater and a restaurant in accordance with the DDA (the "Project "); and WHEREAS, the Site is located within the boundaries of Assessment District No. 66, a parking assessment district; and WHEREAS, pursuant to Section 9150.18 of the Downey Municipal Code, all or a portion of the required off -street property for any lot or parcel that is located within the boundaries of parking assessment district may be satisfied by the payment of an in lieu fee; and WHEREAS, pursuant to Section 9150.18 of the Downey MuidpaI Code, the City Council adopted Resolution 5904 on September 12, 1995 . re,#aing� i ' � payment of a fee in lieu of off-street parking in conjunction with the project , WHEREAS, the City Council desires to amendResainivn SO410 provide for a partial satisfaction of the required in lieu payments thtougtilhe prforman and construction of certain street and sidewalk improvements by F(4kofiaa Premiere Theatres, Inc., adjacent to the Project; and �'� - -- - � WHEREAS, an initial study of environmental impact (thkitial Study ") and a mitigated negative declaration (the "Mitigated Negative Declaration ") that addressed payment of a fee in lieu tot-certain off - street parking in conjunction with the Project was prepared in accordance with the provisions of the California Environmental Quality Act ("CEQA"), the Stag CEQkGuidelines and the City of Downey's Revised environmental Guidelines; and WHEREAS, the City Council considered the proposed Mitigated Negative Declaration together with comments received on the Mitigated Negative Declaration during the public review process and at a public hearing held on September 12, 1995; • RESOLUTION NO. 6072 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. Section 2 of Resolution No. 5904 of the City Council of the City of Downey is amended to add a new subsection 4 to read as follows: 4. The fee simple owner of the Site may satisfy a portion of the in -lieu payment required by this resolution by performing the construction of the "Streetscape" ,. improvements adjacent to the Site generally as shown on Exhibit A hereto and more particularly described in the engineering drawings on file with the Department of Public Works. The expenditures shall be credited toward the payments due and owing under this resolution. The total amount of credits shall not exceed $185,000. No credit shall be awarded except upon the final acceptance by the City of the Streetscape improvements. SECTION 2. No other provision of Resolution 5904 is amended by this Resolution. SECTION 3. The City Council does hereby authorize and direct the City Manager to execute an agreement by and between the City of Downey and Krikorian Premiere Theatres, Inc., regarding the construction of the improvements as set forth in this Resolution. APPROVED AND ADOPTED this 2atn day of .iimP , 1997. it' , oe ciLAVYLe-4_. JO A. LAWRENCE, Mayor ATTEST: h J L :, ■ . " JUD��N E �C'flON � CityClerk J !HEREBY cERTj the foregoing Resolution was adopted by the City Council of the City ot E3oworey atil regular meeting held on the ?4i-Iii day ,14ne , 1997, by the foNewing vote, to wit : % = ° � y AYES: 5 CouncslMembers McCaughan, Riley, Brazil ton, McCarthy;>k.awrence NOES:o Council Members: None — is ABSENT:O Council Members: None 4 1111 / - � 4 - - / ;2 iITH E. MC DONNELC, CLtyCIerk H:IECONDEIAOCOYVELUWP .WPD June 20.190 Mom) _ — • w RESOLUTION NO. 6072 Exhibit `A' 1 DOWNTOWN 1 D OWN E T H AT BL K Map of Northern Portion of Theater Block V. Not drawn to scale . _ __.... _ . _ . _ _ _ - T 0,.....4 l ■ Date Palms: 8 along 3rd St. 7 along New St. including 2 in southem portion of theater block * Australian Wiilow Trees: 7 along La Reina Ave. 0 Decorative Lights: 8 total including 4 in southern portion of theater block li New Sidewalk: In northern portion of theater block 3rd St. . w � ., ... WIMP t .. �w r • ,, �, {: :. , .. .. . �.. '� . Z t ill �r 1 a Lobby Entrance t . r , s Y r .. ,,,i ph � ` •+ . e 1 r � ti b 10 - Screen t I 1,960 eat . l 4 , i Theater Ex a s Kn ko n a n r. Y � ;;.„ Theater 3l ; Mir . VII W #11 ` v Cafe � ',..'s4 4-. y .N :pp f IMO 2 ,` ) ;s. i e Y Cr s:,, �f. Y� f Elevator Parking Entrance/Exit 4 Level Parkin Entrance/Exit 403 - Space Parking Structure ■ 0 0 ■ D D 2nd St.