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HomeMy WebLinkAbout245 RDA_CCv0001.pdf RESOLUTION NO. 245 RESOLUTION' OF THE REDEVELOPMENT AGENCY 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 execute a Purchase and Sale Agreement and Escrow Instructions (the "Agreement") providing for the sale of certain real property (the "Site") owned by the Agency, within the City of Redlands,the location of which is more particularly described in the Agreement, to L/Abrams Venture (the "Redeveloper"); and WHEREAS,the Agency has determined that the development of the Site by Redeveloper is consistent with, and in furtherance of,the Redevelopment Plan for the Project Area; and WHEREAS,the Agency has received and duly considered testimony presented at a noticed public hearing; NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED BY THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS AS FOLLOWS: Section 1. The Agency hereby approves the Purchase and Sale Agreement and Escrow Instructions by and between the Redevelopment Agency of the City of Redlands and the Redeveloper; which Agreement shall be 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. Sectiones The Agency 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 Agency on July 17, 1984; (ii) no subsequent or supplemental ETR 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. Section 3. The Agency hereby authorizes and directs the Chairman, Executive Director and Secretary of the Agency to execute the Agreement and the Executive Director to deliver same. Section 4. This Resolution shall take effect upon adoption. REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS 40001hairman., Redevelopment Agency of the City of Redlands ATTEST: Secretar , Redeve nt Agency of the City C v 0 o Redlands 1,Lorrie Poyzer, Secretary of the Redevelopment Agency of the City of Redlands,hereby certify that the foregoing Resolution was duly adopted by the Redevelopment Agency at a regular meeting thereof, held on the 6th day of February, 1996, by the following vote: AYES: Members Gilbreath, Cunningham, Gil, Banda; Chairman Larson NOES: None ABSTAIN: None ABSENT: None Secretary