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HomeMy WebLinkAbout1999 045 CC RESO1999 045 CC RESO;¢f4²XpeRESOLUTION NO. 99-45 A RESOLUTION OF THE CITY OF BALDWIN PARK APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT OF AND BETWEEN THE REDEVELOPMENT AGENCY OP THE CITY OF BALDWIN PARK AND THOMAS SAFRAN & ASSOCIATES. PERTAINING TO THE DISPOSITION AND DEVELOPMENT OF THE REAL PROPERTY LOCATED OUTSIDE OF DESIGNATED REDEVELOPMENT PROJECT AREAS AND MAKING FINDINGS THEREFORE AS REQUIRED BY HEALTH AND SAFETY CODE CALIFORNIA REDEVELOPMENT LAW SECTION 33433 WHEREAS, the City of Baldwin Park the City") is a municipal corporation and general law City organized under the laws of the State of California and the Baldwin Park Redevelopment Agency the Agency") is a public body. corporate and politic, organized and existing under the California Community Redevelopment Law Health and Safety Code Section 33000 et seq.) CRL"); and WHEREAS, by previous joint action of the Agency, and by the City Council of the City of Baldwin Park the City Council" or City." as appropriate), the Implementation and Housing Replacement Plan the Replacement Plan") for the Redevelopment Project Areas the Project Area") was established; and WHEREAS, the Agency has established a Low and Moderate Income Housing Fund pursuant to Health and Safety Code Section 33334.2, et seq.. for the purpose of the acquisition and rehabilitation of structures and providing subsidies to. or for the benefit of, persons and families of low or moderate income and very low income households, to assist them to obtain housing within the community at an affordable housing cost; and WHEREAS, in furtherance of the objectives of the Community Redevelopment Law of the State of California. Health and Safety Code Section 33000. et seq. The Act"), the Agency and the Developer desires to redevelop certain parcels of land outside of the designated Redevelopment Project Areas, as shown on the attached and incorporated Site Map Attachment No. 1) and referred to herein as the Site;" and WHEREAS, the Agency proposes to enter into a Disposition and Development Agreement the Agreement'') with Thomas Safran & Associates.. in substantially the form as attached hereto, concerning the real property generally located on the southwest comer of Ramona Boulevard and Corak Street in the City the Property"); and WHEREAS, a notice of a public hearing of the Agency concerning the proposed Agreement has been given in accordance with applicable law; and WHEREAS, a copy of the proposed Agreement and a summary report has been provided for public review in accordance with applicable law. NOW. THEREFORE, BE IT RESOLVED by the City Council of the City of Baldwin Park as follows: BIB] 37649-U01 1999-U02 045-U02 CC-U02 RESO-U02 LI3-U03 FO1126-U03 FO1996-U03 DO9329-U03 C6-U03 RESO-U03 1/27/2003-U04 ROBIN-U04 1999 045 CC RESO;¢f4²XpeRESOLUTION NO. 99-45 PAGE 2 SECTION 1. The Agreement will assist in the elimination of physical and economic blight consistent with the requirements of the CRL. SECTION 2. The Agreement is consistent with the Agency's adopted AB1290/SB732 Implementation Plan. SECTION 3. The consideration if not less than the fair market value at the highest and best use under the Redevelopment Plan and with the covenants and conditions and development costs authorized by the Agreement. Under the Agreement, the Property will be sold at current fair market value with the provision of an Agency Loan. SECTION 4. Although the Agreement calls for the expenditure of Agency Housing Fund monies outside of a Redevelopment Project Area, the Agency Board finds that this Agreement and the loan of Agency Housing Fund monies will benefit the City's Redevelopment Project Areas and City of Baldwin Park's Housing Element of the General Plan for the following reasons: a) The housing units to be provided by the Agreement will replace low- and-moderate income housing units that were or will be demolished or destroyed during the course of Agency projects in the Project Areas; b) The Agreement will provide replacement housing" pursuant to California Health and Safety Code 33413; c) The Agreement will provide low-and-moderate income housing adjacent to the West Ramona Redevelopment Project Area and, therefore, will benefit that Project Area; and d) The Project will provide job opportunities for residents of the Project Areas and within the City of Baldwin Park. SECTION 5. The Agreement, a copy of which is on file with the Agency Secretary. is hereby approved. SECTION 6. The City Council consents to the Agency's authorization and direction to the Agency Executive Director to take such actions and execute such documents as may be necessary to implement and effect the Agreement on behalf of the Agency. Agency staff is also authorized and directed to take such actions and execute such documents as may be necessary to implement and effect the Agreement. APPROVED AND ADOPTED this 4th day of August ATTEST: K^^P^Y'.^(^^ Kathryn Ti^careno, City Clerk^ BIB] 37649-U01 1999-U02 045-U02 CC-U02 RESO-U02 LI3-U03 FO1126-U03 FO1996-U03 DO9329-U03 C6-U03 RESO-U03 1/27/2003-U04 ROBIN-U04 1999 045 CC RESO;¢f4²XpeRESOLUTION NO. 99-45 PAGES STATE OF CALIFORNIA COUNTY OF LOS ANGELES ss. CITY OF BALDWIN PARK I, Kathryn Tizcareno. City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 99-45 was duly adopted by the City Council and signed by the Mayor of said City at the regular meeting held on the th day of August 1999. arid that the same was passed by the following vote thereof: AYES: COUNCILMEMBERS: Pacheco, Gair and Van Cleave NOES: Mayor Lozano ABSTAIN; None ABSENT: None IN WITNESS WHEREOF. I have hereunto set my hand and affixed the official seal of said City on this 4th day of August______. 1999. /^it^/^^^^^^^ Kathryn Tizcareno'~fC> City Clerk BIB] 37649-U01 1999-U02 045-U02 CC-U02 RESO-U02 LI3-U03 FO1126-U03 FO1996-U03 DO9329-U03 C6-U03 RESO-U03 1/27/2003-U04 ROBIN-U04