HomeMy WebLinkAbout1994-344
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RESOLUTION NO. g4-344
RESOLUTION OF THE MAYOR AND COMMON COUNCIL
OF THE CITY OF SAN BERNARDINO, CALIFORNIA,
APPROVING A CERTAIN DISPOSITION AND
DEVELOPMENT AGREEMENT BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF SAN
BERNARDINO AND HOLIDAY OLDSMOBILE
6 WHEREAS, the City of San Bernardino, California (the
7 "City") is a municipal corporation and a charter city duly
8 created and existing pursuant to the Constitution and the laws of
9 the State of California; and
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11 WHEREAS, the Community Development Commission of the
12 City of San Bernardino (the "Commission"), on behalf of the
13 Redevelopment Agency of the City of San Bernardino (the
14 "Agency"), is a redevelopment agency, a public body, corporate
15 and politic of the State of California, organized and existing
16 pursuant to the Community Redevelopment Law (Part 1 of
17 Division 24) commencing with Section 33000 of the Health and
18 Safety Code of the State of California (the "Act"); and
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20 WHEREAS, Holiday Oldsmobile (the "Corporation") is a
21 California corporation organized and existing by and pursuant to
22 the laws of the State of California; and
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WHEREAS, the City is a member of the Inland Valley
25 Development Agency which has previously approved and adopted the
26 Redevelopment Plan (the "Redevelopment Plan") for the Inland
27 Valley Redevelopment Project Area; and
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94-344
1 WHEREAS, the Agency is in the process of acquiring a
2 parcel of land as further described on Exhibit "A" hereto (the
3 "Parcel"), which is located within the Project Area subject to
4 the Redevelopment Plan; and
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6 WHEREAS, the Corporation has indicated that it desires
7 to purchase said Parcel from the Agency in order to cause the
8 continued occupancy thereon of its automobile dealership; and
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10 WHEREAS, the City deems that the sale to and occupancy
11 of the Parcel by the Corporation will be of benefit to the Agency
12 and the City by ensuring continued tax revenues and job
13 opportunities; and
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15 WHEREAS, the City at this time deems it desirable to
16 approve the sale of the Parcel by the Agency to the Corporation
17 pursuant to the terms of that certain Disposition and Development
18 Agreement by and between the Agency and the Corporation, a copy
19 of which is attached hereto as Exhibit "B" and incorporated
20 herein by this reference which sets forth the terms of the
21 Agency's disposition of the Parcel; and
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23 WHEREAS, the Disposition and Development Agreement
24 provides that the Agency will assist in the Corporation's
25 acquisition of the Property by providing a loan to the
26 Corporation in the amount of Three Hundred Fifty One Thousand
27 Dollars ($351,000) to be used as part of the purchase price, all
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94-344
1 as more fully described in the Disposition and Development
2 Agreement.
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4 NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE
5 CITY OF SAN BERNARDINO, CALIFORNIA, DO HEREBY FIND, RESOLVE,
6 DETERMINE AND ORDER AS FOLLOWS:
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8 Section 1. The foregoing recitals are true and
9 correct and are incorporated herein by this reference.
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11 Section 2. The City, having held a duly noticed
12 public hearing thereon, hereby finds and determines that the sale
13 of the Parcel to the Corporation is of benefit to the Agency and
14 the City and will also will promote redevelopment within the
15 Inland Valley Redevelopment Project Area.
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17 Section 3. The City hereby approves the Disposition
18 and Development Agreement, a copy of which is attached hereto as
19 Exhibit "B" and incorporated herein by this reference.
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21 Section 4. The City hereby approves the sale of the
22 Parcel by the Agency to the Corporation and the loan by the
23 Agency to the Corporation in an amount equal to Three Hundred
24 Fifty One Thousand Dollars ($351,000) to be used as part of the
25 purchase price for the Parcel all as more fully described in the
26 Disposition and Development Agreement.
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94-3M
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RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN
BERNARDINO, CALIFORNIA, APPROVING A CERTAIN DISPOSITION AND
DEVELOPMENT AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF
THE CITY OF SAN BERNARDINO AND HOLIDAY OLDSMOBILE
Section 5.
The findings and determinations herein
shall be final and conclusive. This Resolution shall take effect
upon the date of its adoption.
I HEREBY CERTIFY that the foregoing Resolution was duly
adopted by the Mayor and Common Council of the City of
San Bernardino at a
reaular
meeting
day of
thereof, held on the 7th
November
1994, by the following vote, to wit:
AYES:
council Members Nearete. Curlin. Hernanrlp-7.
Oberhelman, Pope-Ludlam and Miller
NAYS:
Devl in
ABSENT:
,/1 ~ '
(/ . IC' '-"
:A ,c.('.!c.z,C ""..La_. IC_
'-City Clerk
The foregoing resolution is
hereby approved this
10th
day of
November
, 1994.
~az/~
Mayor of the City of
San Bernardino
Approved as to form and legal content:
By: ~"AAA'~yj/2~
-1: ~~~.r~~~ t;:r~ey
SBEO\OOOl\DOC\1055
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94-344
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EXHIBIT "A"
DESCRIPTION OF PARCEL
94-344 TO
day of December
!'N6i1 08 "94' i0":55RM FROM
. On thV- 18th
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B
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. SABD. p.2.02
"'.)...;.1979, the CITY OF
JUVBRSIDIl, a JIIlJn:l.c~,pal cOZ'pOra1:i.on, Mro1naf'te% re:ferred t.o &s
.Cit.l", and HO~DAY OUDSMOBILB, a California corporation. he~e-
inafter referred to as "Lessee",. mutual~1 a9ree to amend that
h.m~o lease ~et.ween t.hem dated. ~u]y 6, 1971 relatinq to certain
real property 1Dcat.ed ~n !lan Bernardino, california, in the
. I
following particulars I
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1. Sect.ion l(~roperty Leas.d) is deleted in ita entiret.y.
2. A nEW Seotion 1 ahall ~. added to read in veras
and figures' as followel
~ /!f&rr?-k
Ij~ ttk
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'rrY An""n
.'Y~..ID'II
. "1.
~eSllee
NIOtlUI.TY J:<BAlmD.
~he'Ci'l:y her.~ leases .to
:2 ofParc:el
Parcel 1 and a portion of Parcel
.
Map No. 773, peJ: map 'recordecS iD"~BooJt 7
.pag'e 65, in the offige of
of parc:el '.*ps,
. \
.t;be Jl.ecorClOX' of' san Bei:'naT.'d1no
,
,.
,
County 4nd described as a whole as 'follows, . ...... !
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Beginnins at the Northeast ~orner of lIa1o. pa.reel";l~
thence South O. 19' 33" Bast aloRIl the !e.s't line of saiu
Parcels 1 ane 2, said East 11ne'belng 50.00 feet We.~.~ly
fJ:om the centerline of South ~B~ St~eet as shown on sai~
parcel MaP No. 773, a aist&ftce of 717.13 feet to a point
on said East line o~ :Parcel 2 that bears south 07 l~.' /33"
East 120.00 feet from the Northeast corner of sa1d
ParCEll <I; f:henee South SSP 55' 27" Wellt. parallel wit.h. the' "
North line of said Parcel 2 and ita westerly pro~on9atiQn.'\
237.35 feet to the West line of said Parcel 21 thence' !
Nort.h 10 11' 36" F.aAt. aloll'iJ said West line, l20.03'feet
to the Northwest corner of said parcel 21 thence con~1nu-
1ng North lQ 11' 36" ;tast alDn'il t.he "West line of sa.id
Parcell, . Q~s~anc@ of 23,78 feet to an an918 point
the.ein; thence No~th 3D 56f 21~ ~est 575.25 f$et to the
NorthWl!l$t corner of 8&14 Parcel 11 then~e North 89- 55'
27" EQliIt o3.10n9 e.. llorth 1 ine of said parcel *, or. aistanc:e,.'
of 269.79 feet to the Point of Beginning. '
The property herein leased contains 170,291 ~quare
fee't., arl ..,.,pansion of app~oK:i..mat..1y 28,291 SQ1Ulre feet
over the amount of property leased in the basic 'lea~e.
This expansion represents the addition of a
poxtlon r
.,
t
J
r
;;,
94-344
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EXHIBIT "B"
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DISPOSITION AND DEVELOPMENT AGREEMENT
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ON FILE,