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HomeMy WebLinkAboutResolution No. 6266 RESOLUTION NO. 6266 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY CALIFORNIA APPROVING THE SALE OF REAL PROPERTY BY THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF DOWNEY, AND THAT CERTAIN AGREEMENT ENTITLED "DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF DOWNEY AND LOS ANGELES COMMUNITY DESIGN CENTER" FOR THE REDEVELOPMENT OF CERTAIN REAL PROPERTY WITHIN THE DOWNEY REDEVELOPMENT PROJECT AREA. WHEREAS, the Community Development Commission of the City of Downey, y also called the Downey Community Development Commission the "Commission") is engaged in activities necessary to execute and implement the Redevelopment Plan (the "Redevelopment Plan ") for the Downey Redevelopment Project Area (the "Project Area "); and WHEREAS, in order to implement the Redevelopment Plan for the Project Area, the Commission proposes to assist in the development of affordable housing ( the "Project ") pursuant to the terms and provisions of a certain Disposition and Development Agreement (the "Agreement "); and WHEREAS, the Los Angeles Community Design Center, a California non - profit public benefit corporation, submitted to the Commission a written offer in the form of said Agreement to act as developer (the "Developer ") for the Project; and WHEREAS, the proposed Agreement proposes that the Commission may sell real property in the Redevelopment Project Area, which property is described in the Agreement; and WHEREAS, the proposed Agreement contains all the provisions, terms, conditions, and obligations required by state and local law; and WHEREAS, the Commission has prepared, and the City Council has reviewed and considered, a summary report meeting the requirements of Health and Safety Code Section 33433 setting forth the costs of the Agreement to the Commission, the estimated value of the interests to be conveyed determined under the Redevelopment Plan, the total compensation to be received and the reasons such disposition will assist in the elimination of blight, and made said summary report and the proposed ry p p p Agreement available for public review in accordance with the requirements of Health and Safety Code Section 33433 et seq.; and WHEREAS, a joint public hearing of the Commission and City Council on the proposed Agreement was duly noticed in accordance with the requirements of Health and Safety Code Section 33433; and 1 RESOLUTION NO. 6266 Section 4. The City hereby finds and determines, based upon substantial information in the record before it, that the Commission's agreement to financially assist the Project, pursuant to the proposed Agreement, is appropriate because the redevelopment of the property is of benefit to the Redevelopment Project Area and the immediate area in which the Redevelopment Project Area is located, and because the Project will effectuate the purposes of the Redevelopment Plan. Section 5. The City hereby finds and determines that the consideration for the disposition of the Site, pursuant to the terms and conditions of the proposed Agreement, is not less than the fair market value of the Site. 7 Section 6. The City hereby finds and determines that the disposition pursuant to the proposed Agreement, will eliminate blight within the Project Area by providin g for affordable housing for very low income persons within the Project Area. Section 7.. The City hereby finds and determines that the Agreement is consistent with the Redevelopment Plan and the Implementation Plan for the Redevelopment Plan. Section 8. The Agreement is hereby approved. Section 9. The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 25th day of May , 1999. " _ 4 r Ga ' . M ' Caughan, iitifIr _4 ATTEST: i r r 6Ciii /../ i f dith E. McDonnell, 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 thereof held on the 25th day of May , 1999, by the following vote, to wit: AYES: 3 Councilmember: Wi nningham, Perkins , Lawrence NOES: 0 Councilmember: None ABSENT: 2 Councilmember: McCarthy , McCaughan ABSTAIN: 0 Councilmember: None , ___.,..,.'1,,,e go 4,/ IA -, _-__Zi J dith E. McDonnell, City Clerk RESOLUTION NO. 6266 WHEREAS, on May 25, 1999, the Commission and City Council held a joint public hearing on the proposed Agreement and evaluated all of the information, testimony, and evidence presented during the joint public hearing, and said public hearing was concluded prior to the adoption of this resolution; and WHEREAS, the City prepared an Initial Study and Negative Declaration for this project as described in the Agreement (the "Project "), the preparation and availability of which had been duly noticed for public review and comment in full compliance with the provisions of the California Environmental Quality Act (Public Resources Code Section 21000, et seq., [ "CEQA "]); and WHEREAS, the sale of the Site pursuant to the proposed Agreement will improve the quality of life of the residents of the city of Downey through the elimination of blight and the development of affordable housing for very low income persons within the Project Area which positively relates to adjacent land uses and by providing for the reuse and redevelopment of a portion of the Project Area; and WHEREAS, the sale of the Site pursuant to the proposed Agreement will assist the Commission in implementing its housing goals and objectives; and WHEREAS, the value of the consideration for the Site pursuant to the proposed Agreement will be equal to the fair market value of the Site as set forth in the Summary Report; and WHEREAS, all actions required by all applicable laws with respect to the proposed Agreement have been taken in an appropriate and timely manner; and WHEREAS, the City has duly considered all terms and conditions of the proposed Agreement and believes that the disposition of the Site pursuant thereto is in the best interests of the City of Downey and the health, safety, and welfare of its residents, and in accordance with the public purposes and provisions of applicable state and local laws and requirements. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: Section 1. All facts set forth in the recitals of this Resolution are true and correct. Section 2 The City Council hereby certifies that the information contained in the Initial Study and the Negative Declaration for the Project has been .reviewed and considered by the members of the City Council. Section 3. The City Council hereby approves and re- adopts the Negative Declaration with respect to the Project.