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HomeMy WebLinkAboutCDC/2005-25 RESOLUTION NO. CDC/2005-15 2 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING THAT CERTAIN PURCHASE AND SALE AGREEMENT BY AND BETWEEN THE CITY OF SAN BERNARDINO ("CITY") AND THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO ("AGENCY") RELATING TO THE SALE OF CITY PROPERTY LOCATED NORTH OF FOOTHILL DRIVE, EAST OF STERLING AVENUE (135.6 ACRES: AP# 0155-361-25) IN THE CITY OF SAN BERNARDINO 3 4 5 6 7 WHEREAS, the City of San Bernardino, California (the "City"), is a municipal 8 corporation and charter city, duly organized and existing pursuant to the provisions of the 9 constitution of the State of California; and 10 WHEREAS, the City is the current owner of that certain real property consisting of approximately 135.6 acres (APN: 0155-361-25) located north of Foothill Drive, east of Sterling Avenue in the City of San Bernardino (the "Property"); and WHEREAS, the City has determined that the Property is no longer necessary for the 11 12 13 14 City's use; and 15 WHEREAS, the City desires to sell the Property to the Redevelopment Agency of the City of San Bernardino (the "Agency") pursuant to the provisions of the Charter of the City and the provisions of the Municipal Code, including without limitation Section 2.65.050; and WHEREAS, the Agency is also the current owner of that certain real property consisting of approximately 8.12 acres (APN: 0155-381-11 and 45) located north of Foothill Drive, east of Sterling Avenue in the City of San Bernardino, south of the City's Property, separated by property owned by the San Bernardino County Flood Control District; and WHEREAS, an updated MAl appraisal of the Property has been completed by Smothers Appraisal (the "Appraisal") confirming a fair market value of Seven Hundred Seventy Six Thousand Dollars ($776,000) for the City's Property and Three Hundred Sixty Eight Thousand Dollars ($368,000) for the Agency's property for a total fair market value of $1,144,000; and WHEREAS, the Agency is entering into a 2005 Disposition and Development 16 17 18 19 20 21 22 23 24 25 -1- P:\Ar:endal\Rrsolutions\RrsolutlODS\2005\O~08-15 WatJon-Wutrid&f CDC ReIO Cl.dol: 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Agreement (the "DDA") with Watson-Westridge, LLC (the "Developer"), pursuant to which the Agency will, simultaneously with its purchase of the Property from the City, sell the Property and the Agency's property to the Developer for a purchase price of One Million Two Hundred Thousand Dollars ($1,200,000) which is considered to be in excess of the fair market value of the City Property and the Agency property; and WHEREAS, the difference between the sales price of $1,200,000 and the appraised value of the two properties of $1,144,000 is $56,000 (the "Excess Price") which is being obligated by the Agency under the DDA for the potential acquisition of the required easement or land from the County of San Bernardino Flood Control District to connect the City Property and the Agency property, and if the Excess Price is not needed for said purchase, the Excess Price will be retained by the Agency to off-set its legal and administration expenses related to the Project; and WHEREAS, the DDA provides for the development of the Property and the Agency property by the Developer as a residential neighborhood consisting of at not more than 77 single family detached homes (the "Project"); and WHEREAS, the Agency is the "lead agency" for the Project, under the California Environmental Quality Act, California Public Resources Code Sections 21000, et seq. ("CEQA"), in accordance with Public Resources Code Section 21067 and Title 14 California Code of Regulations Sections 15050 and 15051; and WHEREAS, the IS identified potentially significant effects on the environment in connection with the proposed Project; and WHEREAS, based on the potential significant affects on the environment, and comments received from respective affected agencies, the Agency has prepared the "Response to Comments for the IS", dated July 25, 2005, and the Mitigation Monitoring and Reporting Program (the "Monitoring Program"), Attachments V and VI to the Staff Report, relative to the DDA between the Agency and the Developer and the proposed Project to avoid or mitigate the -2- r:\At;enul\IlelGlutionJ\RnolutloDJ\1005\OS-O&.15 w.uo...Weriridle CDC ReIO C).doc: 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 potentially significant effects on the environment, and the Developer has agreed to implement such proposals pursuant to said Monitoring Program; and WHEREAS, the Agency has prepared and the Mayor and Common Council will consider approval of the Mitigated Negative Declaration with respect to the Project in accordance with the provisions of CEQA and the CEQA Guidelines developed thereunder; and WHEREAS, a Purchase and Sale Agreement (the "Agreement") Attachment II to the Staff Report, pursuant to which the City will convey the Property to the Agency; and WHEREAS, it is appropriate for the Community Development Commission of the City of San Bernardino to take action with respect to the sale of the Property to the Agency and the subsequent disposition and development of the Property. NOW, THEREFORE, THE COMMUN1TY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER, AS FOLLOWS: Section 1. The Community Development Commission hereby approves the Agreement and authorizes and directs the Chairperson to execute the Agreement on behalf of the Agency together with such technical and conforming changes as may be recommended by the Executive Director of the Agency and approved by Agency Counsel. Section 2. Provided that the Agreement has been fully executed by the parties, the Executive Director of the Agency is hereby authorized and directed to take all actions set forth in the Agreement on behalf of the Agency to close the escrow transaction described therein. Section 3. The Community Development Commission hereby directs and authorizes that a Mitigated Negative Declaration and Notice of Determination shall be prepared and filed with the County Clerk for the reasons noted in the above Recitals. Section 4. The Resolution shall become effective immediately upon its adoption. /II /II /II -3- P:\Al:endas\Resolutions\Relolutions\2005\OS-08-15 Watson-Westride:e CDC Reso C1.do( 5 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING THAT CERTAIN PURCHASE AND SALE AGREEMENT BY AND BETWEEN THE CITY OF SAN BERNARDINO ("CITY") AND THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO ("AGENCY") RELATING TO THE SALE OF CITY PROPERTY LOCATED NORTH OF FOOTHILL DRIVE, EAST OF STERLING AVENUE (135.6 ACRES: AP# 0155-361-25) IN THE CITY OF SAN BERNARDINO 2 3 4 6 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Communit 7 Development Commission of the City of San Bernardino at a j oint regular meeting 8 thereof, held on the 15th day of August 9 Commission Members: Ayes Nays 10 ESTRADA X LONGVILLE X 11 - MCGINNIS X 12 DERRY ~ 13 KELLEY X 14 X JOHNSON 15 MC CAMMACK X - 16 , 2005, by the following vote to wit: Abstain Absent 17 tEL7 72f}; ~1/t/4/ Secret7 ' 18 19 The fo,egoing ,,,,,,lution i, hcreby "PPwvoo ~ ~W<:iY McCarnrrlack, Mayor Pro Tern City of San Bernardino ,2005. 20 21 22 23 Approved as to form and Legal Content: 1 !{Jtf;~~?<1 24 By: 25 -4- P:\Acendas\Resolutions\Resolutlons\2005\05-08-15 Watson-Wesfridge CDC Relo Cl.doc