HomeMy WebLinkAbout1992 041 CC RESO1992 041 CC RESO (Ìì º Ä RESOLUTION NO. 92-41
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF BALDWIN PARK CONCERNING THE FIRST
AMENDMENT TO 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
F'
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, on May 13, 1991, the Disposition and
Development Agreement DDA") was executed by Agency and K V
Mart Co.; and
WHEREAS, Agency staff and K. V. Mart Co, dba Top Valu
Markets Developer") have negotiated a First Amendment to the DDA
to include an additional parcel of real property in the property
to be conveyed by Agency to Developer and 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 First Amendment to the DDA which provides for the
sale of Agency-owned property and subsequent conveyance to
Developer; and
WHEREAS, notice of a public hearing of the Agency and
City Council on the First Amendment to the DDA was given in
accordance with applicable law; and
WHEREAS, on May 6, 1992, the Agency and City Council
held a public hearing on the First Amendment to the DDA and have
considered all terms and conditions set forth therein; and
WHEREAS, all actions required with respect to the First
Amendment 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 First Amendment to 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 First Amendment to 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 First Amendment to 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 First Amendment to 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.
BIB]
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1992 041 CC RESO (Ìì º Ä RESOLUTION NO 92-41
PAGE TWO
SECTION 3 The First Amendment to the DDA, a copy of
which is on file in the office of the City Clerk, and which is
incorporated herein by this reference, is hereby approved
SECTION 4 The First Amendment to 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 to execute the First Amendment to the DDA, and City
staff is hereby authorized and directed to take all necessary
actions to assist Agency in implementing the First Amendment to
the DDA
PASSED, APPROVED, AND ADOPTED this 20TH day of May, 1992
FIDEL A VARGAS, MAYOR
LINDA L. GAIR, CITY CLERK
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES)
CITY OF BALDWIN PARK
I, LINDA L GAIR, City Clerk of the City of Baldwin
Park, do hereby certify that the foregoing Resolution was duly and
regularly approved and adopted by the City Council of the City of
Baldwin Park at its regular meeting of the City Council on May 29
1992 by the following vote:
AYES: COUNCILMEN GALLEGOS, IZELL, MARTINEZ, MCNEILL, MAYOR VARGAS
NOES: COUNCILMEN NONE
ABSENT: COUNCILMEN NONE
LINDA L. GAIR, CITY CLERK
BIB]
37650-U01
1992-U02
041-U02
CC-U02
RESO-U02
LI3-U03
FO1126-U03
FO1776-U03
DO1869-U03
C6-U03
RESO-U03
10/10/2001-U04
ADMIN-U04
RESO-U05
92-41-U05
MAY-U05
20-U05
1992-U05