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HomeMy WebLinkAbout426 RDA_CCv0001.pdf RESOLUTION NO. 426 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS APPROVING AN OWNER PARTICIPATION AGREEMENT BY AND BETWEEN THE AGENCY AND PROPERTY ONE, LLC WHEREAS, the Redevelopment Agency of the City of Redlands (the "Agency") is charged with implementing the Redevelopment Plan (the "Redevelopment Plan") as adopted for the Redlands Redevelopment Project; and WHEREAS, the Agency has adopted an implementation plan ("Implementation Plan") in the course of implementing the Redevelopment Plan; and WHEREAS, the Property One, LLC, a California corporation (the "Operator") has proposed to provide for the expansion of the business activities of itself and its affiliates, including SSRI, a California corporation, on certain land located at 457 New York Street, Redlands, CA 92373 (the "Site"), all as more particularly set forth in a draft owner participation agreement as on file with the Agency Secretary(the"Agreement"); and WHEREAS, the Project is located within the project area of Redlands Redevelopment Project (the "Project Area" and the -Redevelopment Project", respectively) and the implementation of those activities provided to be accomplished under the Agreement would benefit the Project Area by promoting the expansion of commercial operations within the Project Area and facilitating the move of an existing nonprofit food distribution operation to a more suitable location; and WHEREAS, the Agency has duly considered all terms and conditions of the proposed Agreement and believes that the Agreement is in the best interests of the Agency and the City of Redlands (the "City") and the health, safety, and welfare of its residents, and in accord with the public purposes and provisions of applicable State and local law requirements, and WHEREAS, all actions required by all applicable law with respect to the proposed Agreement have been taken in an appropriate and timely manner: and WHEREAS, the Agreement would assist in the alleviation or removal of blighting conditions and would further the goals of the Implementation Plan by providing for the expansion of certain business activities as provided in the Agreement; and WHEREAS, the Agency has duly considered all of the terms and conditions of the proposed Agreement and believes that the redevelopment of the Site pursuant to the Agreement is in the best interests of the City of Redlands and the health, safety, and welfare of its residents, and in accord with the public purposes and provisions of applicable state and local laws and requirements. DOCSOG 1297341%,2!2000'79-0014 NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS DOES RESOLVE AS FOLLOWS: Section 1. The Agency hereby finds and determines that the Agreement is consistent with the provisions and goals of the Implementation Plan. Section 2. The Executive Director of the Agency (or his designee) is hereby authorized, to execute the Agreement on behalf of the Agency. The Executive Director is further authorized on behalf of the Agency, to make revisions to the Agreement which do not materially or substantially increase the Agency's obligations thereunder or materially or substantially change the uses or development permitted on the Site, to sign all documents, to make all approvals and take all actions necessary or appropriate to carry out and implement the Agreement and to administer the Agency's obligations, responsibilities and duties to be performed under the Agreement and related documents. APPROVED AND ADOPTED this 3rd day of September, 2008. By: �Z Pat Gilbreath, Vice Chairperson ATTEST: 4-4ua Agency Sccrefi* DOCSOC/1297341 v2./200079-0014 STATE OF CALIFORNIA COUNTY OF SAN BERNARDINO CITY OF REDLANDS 1, Lorrie Poyzer, Secretary of the Redevelopment Agency of the City of Redlands, hereby certify that the foregoing Resolution No. 426 was introduced and adopted at an adjourned regular meeting provided by law of the Redevelopment Agency of the City of Redlands held on the 3rd day of September, 2008,by the following vote of the members thereof: AYES: Boardmembers Gilbreath, Gallagher, Aguilar and Bean NOES: None ABSENT: None ABSTAINED: Boardmember Harrison Lorrie_P,6yzer, Sectat�v Redevelopment cy of the City of Redlands, California DOCSOG1 29734 1),12000'79-0014