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HomeMy WebLinkAbout1995-339 1 2 3 4 5 6 7 8 RESOLUTION NO. 95-339 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO APPROVING A CERTAIN DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND PARK PLACE HOMES, A CALIFORNIA CORPORATION PERTAINING TO THE DEVELOPMENT OF A LOW AND MODERATE INCOME HOUSING PROJECT WHEREAS, the Community Development Commission of the City of Bernardino (the "Commission" ) on behalf of the San 9 10 Redevelopment 11 12 City San Bernardino (the of the Agency of a public body, corporate "Agency"), is a redevelopment agency, and politic of the State of California, organized and existing 13 pursuant to the Community Redevelopment Law (Part 1 of Division 14 24) commencing with Section 33000 of the Health and Safety Code 15 of the State of California (the "Act)"; and 16 17 WHEREAS, the Redevelopment Plan for the South Valle 18 Redevelopment Project (the "Redevelopment Plan") was previously 19 approved and adopted by the Mayor and Common Council of the City 20 of San Bernardino (the "Council") by duly authorized Ordinance of 21 the Council; and 22 23 WHEREAS, the Redevelopment Plan provides for the 24 redevelopment of real property pursuant to the Redevelopment Plan 25 both within and outside of the redevelopment project area which 26 is subject to the Redevelopment Plan (the "Project Area") by 27 owners thereof or by parties seeking to acquire real property 28 from the Agency; and - 1 - 0- ~. .... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 WHEREAS, Section 33391 of the Act provides that a redevelopment agency may acquire any interest in real or personal property within a redevelopment project area or for the purposes of redevelopment and Section 33430 of the Act provides that a redevelopment agency may dispose of any interest in real or personal property within a redevelopment project area or for the purposes of redevelopment; and WHEREAS, the Agency and Park Place Homes, a California corporation (the "Developer") desire to enter into a certain Disposition and Development Agreement (the "Agreement"), a copy of which is attached hereto as Exhibit "A" and incorporated herein by reference, pursuant to which, among other matters, the Developer would acquire from the Agency certain interests in real property in the form of existing Trust Deeds (the "Trust Deeds") securing certain real property (the "Property") which is more fully described in the Agreement. The Property is located in the Project Area. The transaction would be for purposes of causing the redevelopment of the Property, as described in the Agreement, including construction thereon by the Developer of approximately seventy-three (73) detached single family dwelling units to be occupied by low and moderate income households (the "Project"); and WHEREAS, the Agency Staff has prepared and made available for public inspection a certain Summary Report (the "Summary") concerning the proposed Agreement, as required by - 2 - u, .., ",,- ~ j-!J 1 Health and Safety Code Section 33433, a copy of which is on file 2 with the Agency and is incorporated herein by reference; and 3 4 5 public 6 Safety WHEREAS, the Agency has duly noticed and conducted a public hearing in accordance with the requirements of Health and Safety Code Section 33431 concerning the proposed disposition of the Trust Deeds by the Agency to the Developer pursuant to the 14 proposed Agreement; and 15 16 17 18 19 20 21 22 23 24 25 26 27 28 WHEREAS, based upon evidence and testimony submitted to the Agency, it is reasonable and appropriate for the City Council to approve the proposed Agreement. NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. The Council finds and determines that the development of the Property as described in the proposed Agreement is within the scope, terms and provisions of the Redevelopment Plan. - 3 - '. . ;-'3~9 1 2 3 4 5 6 7 8 Section 2. The Council has held a public hearing on the disposition of the Trust Deeds in accordance with Health and Safety Code Sections 33431 and 334333 and hereby accepts and approves the Summary as prepared by Agency Staff. Section 3. The Council hereby finds and determines that the conveyance of its interests in the Property to the Developer pursuant to the terms of the Agreement and the 9 provision of redevelopment assistance as more fully described in 10 the Agreement is reasonable and necessary to effectuate the 11 purposes of the Redevelopment Plan, in that it will permit the 12 Developer to develop the Property in order to eliminate blight, 13 to create employment opportunities, to increase the value of real 14 property in the Project Area and to provide much needed low and 15 moderate income housing within the City of San Bernardino. 16 17 18 19 20 21 22 23 24 25 26 27 28 Section 4. The Council hereby approves the proposed Agreement and the conveyance of the Agency's interest in the Property to the Developer. - 4 - / --- ;7/7 ~ :;" 1 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO APPROVING A CERTAIN DISPOSITION AND DEVELOPMENT 2 AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF 3 SAN BERNARDINO AND PARK PLACE HOMES, A CALIFORNIA CORPORATION PERTAINING TO THE DEVELOPMENT OF A LOW AND MODERATE INCOME 4 HOUSING PROJECT 5 Section 5. This Resolution shall take effect upon 6 the date of its adoption. 7 I HEREBY CERTIFY that the foregoing Resolution was duly 8 adopted 9 10 by the and Common Council of the City of Mayor regular meeting San Bernardino at a day of held on the September thereof, 18th 1995, by the following vote, to wit: 11 12 Council: 13 14 15 ABSENT ABSTAIN NAYS AYES NEGRETE CURLIN HERNANDEZ OBERHELMAN DEVLIN POPE-LUDLAM 16 MILLER 17 x x x x x x 18 19 20 21 22 x ~) /t!f '~GC~J' "-~ !:.4..~,,*, ci y Clerk ') 5L The foregoing resolution is her~by approved this ~'{ September ,1995 . ~ ---vJ,f \ --J ~,f ?t{,t-(~ Mayor of the City of San Bernardino Commission of the City of San Bernardino day of Approved as to form and legal content: 23 By: 24 City Attorney 25 26 27 S8EO\0001 \3019 B\17\95 11:49 jf 28 - 5 -