HomeMy WebLinkAbout4624_CCv0001.pdf RESOLUTION NO. 4624
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS
AUTHORIZING THE SALE OF REAL PROPERTY BY THE REDEVELOPMENT
AGENCY OF THE CITY OF REDLANDS PURSUANT TO THE DISPOSITION
AND DEVELOPMENT AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY
OF THE CITY OF REDLANDS AND 500 NORTH EUREKA STREET, A
PARTNERSHIP
WHEREAS, in order to effectuate the provisions of the
Redevelopment Plan for the Redlands Redevelopment Project Area, the
Redevelopment Agency of the City of Redlands (the "Agency") proposes to
sell certain parcels of property (hereinafter referred to as the "Sales
Parcels") within the Redlands Redevelopment Project Area (the "Project
Area") to 500 North Eureka Street, a Partnership, pursuant to a Disposition
and Development Agreement (the "Agreement");
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 Agreement in accordance with Section
33433 of the Health and Safety Code;
WHEREAS, The City Council has reviewed and considered the
Agreement and has determined that the sale of the real property in
accordance with the Agreement is in the best interests of the citizens of
Redlands and is consistent with the goals set forth in the Redevelopment
Plan for the Project Area;
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 authorizes the sale
of real property by the Redevelopment Agency of the City of Redlands
pursuant to the Disposition and Development Agreement between the Redevelop-
ment Agency of the City of Redlands and 500 North Eureka Street, a partner-
ship; which Agreement 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 by the Executive Director of the Agency.
Section 2. This Resolution shall take effect upon
adoption.
Mayor, City of Redlands
ATTEST:
City Clerk, City of Redlands