HomeMy WebLinkAbout5559 See Also Res 98-326 Note: Disposition & Development Agreement (DDA) and attachments are with Res. 98-326 RESOLUTION NO. 5559 ~ RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO MAKING 3 CERTAIN FINDINGS AND DETERMINATIONS, APPROVING THAT CERTAIN DISPOSITION AND DEVELOPMENT AGREEMENT AND AUTHORIZING THE 4 EXECUTION THEREOF AND ANY DOCUMENTS RELATED THERETO 5 WHEREAS, the Community Development Commission 6 ("Commission") is the governing board of the Redevelopment Agency 7 of the City of San Bernardino (the "Agency") a body duly created 8 pursuant to the provisions of Sections 33000, et ~. of the Health 9 and Safety Code of the State of California; and 10 11 WHEREAS, the Agency currently owns certain property (the 12 "Property") which is located within the Central City South 13 Redevelopment Project Area; and 14 15 WHEREAS, the Agency desires to convey the Property to a 16 developer in order for said developer to construct a commercial 17 office building ("Building" ) to house the Immigration and 18 Naturalization Service; and 19 20 WHEREAS, the Agency sought proposals from developers and 21 determined that the proposal of the Vanir Group of Companies 22 through its subsidiary INS Office, Inc. ("Developer") contained the 23 requisite items necessary to cause the construction and operation 24 of the Building; and 25 26 WHEREAS, the Agency deems it desirable to enter into a 27 Disposition and Development Agreement (the "Agreement") with the 28 - 1 - 5559 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 Developer in the form as on file with the Secretary of the Agency and incorporated herein by this reference; and WHEREAS, the Agency has held a duly noticed public hearing in accordance with Sections 33431 and 33433 of the California Health and Safety Code and has caused the preparation of, and made available for public inspection, a report including a summary of the transaction; and Property will Central City help South WHEREAS, the blighting of the the eliminate development condi tions in Redevelopment Project Area, will increase property values and will result in the creation of additional employment opportunities; and WHEREAS, the Agreement, and the development to be undertaken in connection therewith, is consistent with the Agency's redevelopment plan for the Central City South Redevelopment Project Area; and WHEREAS, based upon the evidence and testimony submitted to the Agency, it is reasonable and appropriate to approve the Agreement. NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION ACTING ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: III III - 2 - 5559 1 Section 1. The foregoing Recitals are true and 2 correct and are incorporated herein by this reference. 3 4 Section 2. The Agency hereby adopts the findings and 5 determinations as set forth herein and finds that the Agreement is 6 within the redevelopment goals and objectives of the Agency. 7 8 Section 3. The Agency, having held a duly noticed 9 public hearing in accordance with Health and Safety Code Sections 10 33431 and 33433, finds and determines that the disposition of the 11 Property to the Developer, pursuant to the Agreement, will be of 12 benefit to the Agency and the City and will also promote 13 redevelopment within the Central City South Redevelopment Project 14 Area of the Agency. 15 16 Section 4. The Agency hereby approves the form of the 17 Agreement on file with the Secretary of the Agency and authorizes 18 the Executive Director and Secretary to execute the Agreement with 19 such changes as may be deemed appropriate by the Executive Director 20 and Agency Counsel. The Agency further authorizes the execution 21 and delivery by the Executive Director and Secretary of any and all 22 other documents, agreements, certificates, instruments of 23 conveyance, consents and notices which they may deem necessary or 24 advisable to carry out the transactions contemplated hereby. 25 III 26 III 27 III 28 III - 3 - 5559 1 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO MAKING CERTAIN 2 FINDINGS AND DETERMINATIONS, APPROVING THAT CERTAIN DISPOSITION AND DEVELOPMENT AGREEMENT AND AUTHORIZING THE EXECUTION THEREOF AND ANY 3 DOCUMENTS RELATED THERETO 4 Section 5. This Resolution shall take effect from and 5 after its passage and adoption. 6 7 I HEREBY CERTIFY that the foregoing Resolution was duly 8 adopted by the Community Development Commission of the City of 9 San Bernardino at a joint adjourned regular meeting thereof, held on 10 the 23rd day of November , 1998, by the following 11 vote, to wit: 12 Commission Members: AYES NAYS ABSTAIN ABSENT 13 ESTRADA 14 LIEN 3rd Ward Vacant 15 SCHNETZ DEVLIN 16 ANDERSON MILLER x ---x- ~ x ~ ~ 17 ~~ 18 19 20 day of 21 22 23 24 By: 25 Nnvpmh~r The foregoing Resolutio 1998. hereby approved this ;(51 26 SBEO\OOOl \3186 egal content: 27 28 - 4 -