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HomeMy WebLinkAbout1979-172 I', ",', ,',' ~ . :n7'~.":~T;-' "'::'7~'':~' ''-,::':-:~'~';~~-lr;..~:y~: - -i';'c". -I: A . "Z ,c,...,. ;~." .' .,~.r"'--';;',' ~~~i;r-~ '.'A~:'~~ H<~': ,--? 1 RESOLUTION NO. 1;1- //1,;2., 2 RESOLUTION OF THE CITY OF SAN BERNARDINO APPROVING THE SALE OF THREE LOTS AND PARCELS OF REAL PROPERTY LOCATED ON THE 3 SOUTH SIDE OF FOURTH STREET AND WEST OF WATERMAN AVENUE IN THE CENTRAL CITY EAST PROJECT AREA TO HOUSING AUTHORITY OF THE COUNTY 4 OF SAN BERNARDINO BY THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO (HEALTH & SAFETY CODE SECTION 33433). 5 WHEREAS, the Redevelopment Agency of the City of San 6 Bernardino proposes to sell to Housing Authority of the County 7 of San Bernardino, hereinafter referred to as "Developer", three 8 9 lots and parcels of real property located within the Central City 10 East Project Area, described in Exhibit "An attached hereto and 11 incorporated herein by reference as though set forth in full, for 12 the sum of Twenty-Five Thousand Dollars ($25,000.00) which will 13 be paid by the Developer in cash; and 14 WHEREAS, Developer proposes to develop on said real 15 property approximately six large family public housing dwelling 16 units; and 17 WHEREAS, notice of the time and place of hearing has been 18 , given as required by law; and 19 WHEREAS, the Redevelopment Agency has made available for 20 public inspection and copying a summary of financial aspects of the proposed sale; and 21 22 WHEREAS, all hearings have been heard as required by 23 Health and Safety Code Section 33433, 24 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON 25 COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 26 SECTION 1. It is found and declared that the considera- 27 tion for said real property, in accordance with covenants and 28 conditions governing such sale, may be less than the fair market ....,~,~., ''"'''''', . .;~.;,'..,.".,c,,:,-....'. . ....._ f"',;;~' ~,..,.~;>."i,!:,;~.,""':'<> _"....~ ;'i_<,"",""l;>,~,,,..~,j't>.;;,~'::~c-~::~<>':I ""'J\>~:"!,: , ~ I value of ' the property determined at the highest use permitted 2 under the plan, and that sale for such consideration is necessary 3 to effectuate the purposes of the plan for the following reasons: 4 (a) Pursuant to Ordinance No. 3571 adopted May 3, 1976, 5 the Redevelopment Agency and the City of San Bernardino have 6 heretofore adopted a redevelopment plan for the Central City East 7 Project Area. 8 (b) The plan provides for the acquisition and sale of real 9 property within the project area. 10 (c) Article V (A-I) of the Redevelopment Plan provides II and allows governmental, commercial and industrial uses including, 12 without limitation, business offices, professional offices, retail 13 stores and shops and other office functions as may be directly 14 related to industry and commerce as well as the general public. 15 Housing uses, open space, public property, institutional and non- 16 profit uses are also included within the uses under the plan. 17 (d) This property has been owned by the Redevelopment 18 Agency since March 21, 1975, and the Agency has been unable to 19 sell it since that time for development. 20 (e) The Developer has made an offer to purchase and to 21 locate within the Central City East Project Area and to construct 22 six public housing dwelling units. 23 (f) The Board of Directors of the Redevelopment Agency may 24 find it necessary to sell the property to the Developer in order 25 to pay the outstanding loan of $21,250.00 due April 15, 1986. 26 The Agency has been paying 5% interest on the balance since 27 April 15, 1976, with 2% per annum of the unpaid interest on the 28 principal balance due and payable when principal balance is paid. -2- .., ... ,:'^': i .."...._. J:!,.~:, y....' ,,; ,,:.: -;>"-~-~-G~'-: ~ -, '~"-".'- ,- ......,..... . 1 SECTION 2. The Mayor and Common Council of the City of 2 San Bernardino hereby approve the sale of said property upon the 3 terms, conditions, and for the reasons set forth herein. 4 I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San 5 6 :~:di;;t :Y of '~; vote, to wit: ;J AYES: c.ounci.l.men2l:L. ~ ~~-' ~/.'/~.->_ W~"'L .. . ~.I~ i . / (J - _ _.q7 frl IJ../ L~,,~ ~~/L ~ meeting thereof, held 7 , 1979, by the following 8 9 10 11 NAYS: 12 . ,ABSENT: ~ 13 97--( day 14 15 The foregoing resolution is 16 of ~ , 1979. 17 -.'., San Bernardino 18 A pproved as to form: ~ IJ~___~-. N"'"A _ C'~ty A orney ;r'J'..\?;:-.. , \ l..~.) 19 20 Fi , ll"'"- ~, M-:-~ ;;";"."",,~ k",..-.,.", 21 22 y .- '~J ~.qt J 23 CITY CL~J:~>~S ......'1 , 24 B'f.,.,..."......".".."_".,,,.,.,,,,,,,,JJ..... .. ,D,,'ltr~ 25 26 27 28 -3-