HomeMy WebLinkAbout5248_CCv0001.pdf RESOLUTION NO. 5248
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS
APPROVING AND AUTHORIZING EXECUTION OF PURCHASE AND SALE
AGREEMENT AND ESCROW INSTRUCTIONS BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS AND L/ABRAMS
VENTURE.
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 (the "Site") within the City of Redlands to L/Abrams
Venture(the "Redeveloper"), pursuant to a Purchase and Sale Agreement and Escrow Instructions
(the "Agreement"); and
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 transfer in accordance
with Section 33433 of the Health and Safety Code; and
WHEREAS,the City Council has received and duly considered testimony presented at a duly
noticed 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
disposition of the Site in accordance with the Agreement have been fully analyzed by the program
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; (iii)
the proposed disposition of the Site will have no significant effects on the environment not covered
by such previous EIR.
Section 2. The City Council hereby approves the Agreement by and between the
Redevelopment Agency of the City of Redlands and the Redeveloper, 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 3. The City Council has reviewed and considered the Agreement and has
determined that the sale of the Site in accordance with the Agreement 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
covenants and conditions governing the sale.
Section. 4. The City Council has determined the sale will assist in the elimination of
blight and is consistent with the Agency's implementation plan.
Section 5. This Resolution shall take effect upon adoption.
Mayor, City of Redlands
ATTEST:
1
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1,Lorrie 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 6th day of February, 1996,
by the following vote:
AYES: Councilmembers Gilbreath, Cunningham, Gil, Banda; Mayor Larson
NOES: None
ABSTAIN: None
ABSENT: None
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