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HomeMy WebLinkAbout1991 022 CC RESO1991 022 CC RESO(Ì콋 RESOLUTION NO. 91-22 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OP BALDWIN PARK CONCERNING THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE BALDWIN PARK REDEVELOPMENT AGENCY AND K. V. MART CO. DBA TOP VALU MARKETS FOR THE EXPANSION OF A RETAIL CENTER LOCATED IN THE WEST RAMONA BOULEVARD REDEVELOPMENT PROJECT AREA IN THE CITY OF BALDWIN PARK WHEREAS, THE Baldwin Park Redevelopment Agency the Agency"!) is engaged in activities necessary to execute and implement the Redevelopment Plan for the West Ramona Boulevard Redevelopment Project Area the Project Area'!), which Redevelopment Plan was adopted by Ordinance No. 801 of the City Council of the City of Baldwin Park the City Council'!) on September 6, 1979; and WHEREAS, Agency staff and K. V. Mart Co. dba Top Valu Markets Developer'!) have negotiated a disposition and development agreement the DDA'!) to permit the expansion of Developer's existing commercial retail complex located in the West Ramona Boulevard Redevelopment Project Area in the City of Baldwin Park the Project") and WHEREAS, the Agency and City Council have reviewed and considered the DDA which provides for the sale of Agency-owned property and, subject to certain provisions and contingencies, for the possible acquisition of certain other properties by the Agency and subsequent conveyance to Developer; and WHEREAS, notice of a public hearing of the Agency and City Council on the DDA was given in accordance with applicable law; and WHEREAS, on May 1, 1991, the Agency and City Council held a public hearing on the DDA and have considered all terms and conditions set forth therein; and WHEREAS, all actions required with respect to the DDA by all applicable law have been taken in an appropriate and timely manner; NOW, THEREFORE, the City Council of the City of Baldwin Park does hereby resolve, determine, and order as follows: SECTION 1. The Project is of benefit to the Project Area and the DDA effectuates the purposes of the Redevelopment Plan and the Community Redevelopment Law and is in the highest and best interests of the City of Baldwin Park, in that the DDA is intended to result in a revitalization of a portion of the Project Area which will help expand the City's economic base. SECTION 2. The DDA contemplates the sale of Agency-owned real property to Developer. The consideration to be paid by Developer for such real property is not less than fair market value in accordance with the terms of the DDA, provided however, that in the event such sale is deemed to be less than fair market value as determined at the highest use permitted under the Redevelopment Plan, any such lesser consideration is necessary to effectuate the purposes of the Redevelopment Plan. SECTION 3. The DDA, attached hereto as Exhibit A" and by this reference incorporated herein, is hereby approved. BIB] 37650-U01 1991-U02 022-U02 CC-U02 RESO-U02 LI3-U03 FO1126-U03 FO2009-U03 DO2099-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 91-22-U05 MAY-U05 1-U05 1991-U05 1991 022 CC RESO(Ì콋 RESOLUTION NO. 91-22 PAGE TWO SECTION 4. The DDA and its approval by this Resolution comply with the requirements of California Environmental Quality Act CEQA") pursuant to Section 15180 of Title 14 of the California Code of Regulations, and that all actions required by all applicable law, including but not limited to CEQA, have been taken in a timely manner. SECTION 5. The Chairman of the Agency is hereby authorized and directed to execute the DDA and City staff is hereby authorized and directed to take all necessary actions to assist Agency in implementing the DDA. PASSED, APPROVED, AND ADOPTED this 1st day of May, 1991. APPROVED AS TO FORM: Robert S. Bower City Attorney STATE OF CALIFORNIA COUNTY OF LOS ANGELES CITY OF BALDWIN PARKL I, LINDA L. GAIR, City Clerk for the City of Baldwin Park, do hereby certify that the above and foregoing Resolution was duly passed and adopted by the City Council of the City of Baldwin Park at a REGULAR MEETING AND PUBLIC HEARING thereof, held on the 1st day of May, 1991 by the following vote to wit: AYES: COUNCILPERSON IZELL, GALLEGOS, KEYSER, MCNEILL, MAYOR LOWES NOES: COUNCILPERSON NONE ABSENT: COUNCILPERSON NONE BIB] 37650-U01 1991-U02 022-U02 CC-U02 RESO-U02 LI3-U03 FO1126-U03 FO2009-U03 DO2099-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 91-22-U05 MAY-U05 1-U05 1991-U05