HomeMy WebLinkAbout5030_CCv0001.pdf RESOLUTION NO. 5030
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF REDLANDS APPROVING AND AUTHORIZING
EXECUTION OF ESCROW INSTRUCTIONS
BETWEEN THE REDEVELOPMENT AGENCY OF THE
CITY OF REDLANDS AND ANN L. AND MOLOY K.
GUPTA.
(Redlands Redevelopment Project Area)
WHEREAS, in order to effectuate the provisions of the Redevelopment Plan for a
redevelopment project known as the Redlands Redevelopment Project Area (the "Project
Area"), for the development of certain real property, the Redevelopment Agency of the
City of Redlands (the "Agency") proposes to sell certain property (hereinafter referred to
as the "Site") within the City of Redlands to Ann L. and Moloy K. Gupta (hereinafter
referred to as the "Redeveloper"), pursuant to Escrow Instructions (hereinafter referred to
as the "Instructions");
WHEREAS, before the Agency can enter into the Agreement the City Council of the City
of Redlands (the "City Council") must make certain findings and approve the Instructions
in accordance with Section 33433 of the Health and Safety Code;
WHEREAS, the City Council has reviewed and considered the Instructions and has
determined that the sale of the real property in accordance with the Instructions is in the
best interests of the citizens of Redlands, is consistent with the goals set forth in the
Redevelopment Plan for the Project Area, and the consideration received for the sale is
not less than fair market value in accordance with the covenants and conditions governing
the sale; and
WHEREAS, the City Council has received and duly considered testimony presented at
public hearing:
NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED BY THE
CITY COUNCIL OF THE CITY OF REDLANDS AS FOLLOWS:
Section 1. The City Council hereby finds that (i) the environmental impacts of the
sale and development of the Site in accordance with the Instructions have
been fully analyzed by the programmatic Environmental Impact Report for
the Redevelopment Plan which was certified by the City of Redlands on
July 17, 1984; (ii) no subsequent or supplemental EIR is necessary or
required; and (iii) the proposed disposition of the site will have no
significant effects on the environment not covered by such previous EIR.
Sgction 2. The City Council hereby approves the Instructions by and between the
Redevelopment Agency of the City of Redlands and the Redeveloper,
which Instructions shall be in substantially the same form as that attached
to this Resolution and incorporated herein by reference, with such non-
material changes and revisions, if any, as shall be recommended by
Agency Counsel and approved the Executive Director of the Agency.
Section-3,Section-3, This Resolution shall take effect upon adoption.
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ATTEST:
City Cleric, City of Redlands
1, Lome Poyzer, City Clerk of the City of Redlands, hereby certify that the foregoing
Resolution was duly adopted by the City Council at a regular meeting thereof, held on the
16th day of November, 1993, by the following vote:
AYES: Councilmembers Cunningham, Milson, Foster; Mayor DeMirjyn
NOES: None
ABSTAIN: None
ABSENT: Councilmember Larson
r,
City Clerk