Loading...
HomeMy WebLinkAboutResolution No. 6251 RESOLUTION NO. 6251 A RESOLUTION 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 DOWNEY HOSPITALITY DEVELOPMENT, LLC" FOR THE REDEVELOPMENT OF CERTAIN REAL PROPERTY WITHIN THE DOWNEY REDEVELOPMENT PROJECT AREA GENERALLY BOUNDED BY FIRESTONE BOULEVARD. WHEREAS, the Community Development Commission of the City of Downey,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 a hotel and restaurant(the "Project") pursuant to the terms and provisions of a certain Disposition and Development Agreement (the "Agreement"); and WHEREAS, Downey Hospitality Development, LLC, a California limited liability company, 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 1 RESOLUTION NO. 6251 of blight, and made said summary report and the proposed 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 WHEREAS, on April 13, 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 Commission has prepared an Initial Study and Negative Deoteration for this project as described in the Agreement (the "Project") and provided notice of such preparation and availability thereof 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 and its visitors through the elimination of blight and the development of quality projects in the Project Area, by providing private sector investment in the development of the Project Area, by promoting the economic well-being of the Project Area by encouraging the diversification and development of its commercial base and employment opportunities, by providing needed improvements to the utility infrastructure and public facilities that serve the Project Area, by encouraging the development of residential, commercial, and industrial environments which positively relate to adjacent land uses and by providing for the reuse and redevelopment of a portion of the Project Area which formerly was under-utilized; and WHEREAS, the sale of the Site pursuant to the proposed Agreement will assist the Commission in generating revenue to implement its housing goals and objectives; and WHEREAS, the value of the consideration for the Site pursuant to the proposed Agreement will be equal 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 2 RESOLUTION NO. 6251 accord 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 adopts the Negative Declaration with respect to the Project. 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. Section 6. The City hereby finds and determines that the disposition pursuant to the proposed Agreement will eliminate blight within the Project Area by providing for the reuse and redevelopment of a portion of 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. 3 RESOLUTION NO. 6251 PASSED, APPROVED AND ADOPTED this 13th day of Apri 1 , 1999. tit..... a ��41 Gary '. Mc aughan, Ma or ATTEST: a --- -- e I lit: /Ad.. ' / 1 OFdith E. McDonnell, City Clerk I HEREBY CERTIFY that the foregoing Resolution No. 6251 was adopted by the City Council of the City of Downey at a regular meeting held on the 13th day of April , 1999, by the following vote, to wit: AYES: 4 Councilmember: Lawrence, McCarthy, Winningham, McCaughan NOES: 1 Councilmember: Perkins ABSENT: 0 Councilmember: None ABSTAIN: 0 Councilmember: None 11 . / to/ ,lp L ;, IFF h E. McDonnell, City Clerk_ 7 4 7