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HomeMy WebLinkAbout1998 074 CC RESO1998 074 CC RESO¹òw @˜’×RESO 98-74A SEP 16 1998H0d8 RESOLUTION NO.98- 74A A RESOLUTION OF THE CITY OF BALDWIN PARK APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT OF AND BETWEEN THE BALDWIN PARK REDEVELOPMENT AGENCY AND AUTONATION USA, A FLORIDA CORPORATION, PERTAINING TO THE DISPOSITION AND DEVELOPMENT OF REAL PROPERTY LOCATED IN THE SIERRA VISTA REDEVELOPMENT PROJECT AREA AND MAKING FINDINGS THEREFORE AS REQUIRED BY THE CALIFORNIA HEALTH AND SAFETY CODE 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 the e*CRL", Health and Safety Code Section 330 00 et seq.); and WHEREAS, by previous action of the City and Agency, the Sierra Vista Redevelopment Plan Ohe Plan"), for the Sierra vista Redevelopment Project Area the Project Area") was established; and WHEREAS, the City desires to Implement the Plan for the Project Area by providing for the development of a commercial retail center through the disposition of certain real property in the Project Area; and WHEREAS, the Agency proposes to enter Into a Disposition and Development Agreement Ohe Agreement") with AutoNation USA the Developer"), concerning the real property generally located at Big Dalton Avenue to the west Merced Avenue to the north, Puente Avenue to the east, and the San Bernardino I-10) Freeway to the south in the City the Site"); and WHEREAS, notice of a joint public hearing of the City and 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 as follows: 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 corsistent with the Agency's adopted ABI 290 and 5B732 Implementation Plan. SECTION 3. The consideration is not less than fair market value at the highest and best use under the Plan and with the covenants and conditions and development costs authorized by the Agreement, as discussed In the Section 33433 Report. The Developer shall develop the Site for commercial use and make infrastructure Improvements In the Site including removal of hazardous materials on the Site. SECTION 4. The Agreement, a copy of which is on file with the Deputy City Clerk, is hereby approved. BIB] 37175-U01 RESO-U02 98-74A-U02 SEP-U02 16-U02 1998-U02 LG1-U03 LI3-U03 FO1126-U03 FO1153-U03 FO2255-U03 DO2259-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 98-74A-U05 SEP-U05 16-U05 1998-U05 BIB] 37426-U01 1998-U02 074-U02 CC-U02 RESO-U02 LG1-U03 LI3-U03 FO1126-U03 FO1153-U03 DO2259-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 98-74A-U05 SEP-U05 16-U05 1998-U05 1998 074 CC RESO¹òw @˜’×RESO 98-74A SEP 16 1998H0d8 Resolution No. 98- 74A Page 2 SECTION 5. The City consents to the City's authorization and direction to the Chairman of tin Executive Team to take such actions and execute such documents as may be necessary to Implement and effect the Agreement on behalf of the Agency. City staff Is also authorized and directed to take such actions and execute such documents ma may be necessary to implement and effect the Agreement APPROVED AND ADOPTED this 16TH day of September 1998. Bette Lowes, Mayor ATTEST Ellen Parks, Deputy City Clerk STATE OF CALIFORNIA COUNTY OF LOS ANGELES CITY OF BALDWIN PARK I, ELLEN PARKS, Deputy Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 98-74A ass duly and regularly approved and adopted by the City Council at a regular meeting as provided by law of the City Council held on the 16th day of September 1998 by the following vote thereof: AYES: LOZANO MUSE, VAN CLEAVE. PACHECO, AND MAYOR BETTE LOWES NOES: NONE ABSTAIN: NONE ABSENT: NONE IN WITNESS WHEREOF, I have hereunder set my hand and affixed the official seal of said Agency on this 18th day of September, 1998. Ellen Parks, Deputy City Clerk BIB] 37175-U01 RESO-U02 98-74A-U02 SEP-U02 16-U02 1998-U02 LG1-U03 LI3-U03 FO1126-U03 FO1153-U03 FO2255-U03 DO2259-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 98-74A-U05 SEP-U05 16-U05 1998-U05 BIB] 37426-U01 1998-U02 074-U02 CC-U02 RESO-U02 LG1-U03 LI3-U03 FO1126-U03 FO1153-U03 DO2259-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 98-74A-U05 SEP-U05 16-U05 1998-U05