HomeMy WebLinkAbout290 RDA_CCv0001.pdf RESOLUTION NO. 290
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
REDLANDS APPROVING A PURCHASE AND SALE AGREEMENT AND ESCROW
INSTRUCTIONS BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF
REDLANDS AND SHOWPROP REDLANDS, LLC
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"),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"Property") owned by the Agency, to Showprop Redlands, LLC (the"Purchaser");
and
WHEREAS, the Agency has determined that the development of the Property by the
Purchaser is consistent with,and in furtherance of,the Redevelopment Plan for the Project Area;and
WHEREAS,the Agency has received and duly considered testimony regarding the proposed
sale of the Property at a duly noticed public hearing;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 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 Purchaser,
which Agreement shall be substantially the same form as that attached to this Resolution and
incorporated herein by this reference,with such non-material changes and revisions,if any, as shall
be recommended by Agency Counsel and approved by the Executive Director.
Section 2, The Agency hereby finds that(i)the environmental impacts of the sale of the
Property 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 EIR is necessary or required; and (iii) the proposed sale of the
Property will have no significant effect on the environment not addressed 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.
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Section 4. This Resolution shall take effect immediately upon its adoption,
Ch7airQn, Redevelopment A4ency of the
City of Redlands
ATTEST:
Secreta,py', Redeye t Agency of the
Secret,
City of 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 1st day of June, 1999, by the following vote:
AYES: Members Banda, Gilbreath, George, Freedman; Chairman Cunningham
NOES: None
ABSTAIN: None
ABSENT: None
Secretary
y
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