HomeMy WebLinkAbout5651_CCv0001.pdf RESOLUTION NO. 5651
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS
APPROVING THE EXECUTION OF 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 the
redevelopment project known as the Redlands Redevelopment Project Area(the"Project Area"),the
Redevelopment Agency of the City of Redlands(the"Agency")proposes to sell certain property(the
"Property")within the City of Redlands to Showprop Redlands, LLC (the"Purchaser"), pursuant
to a Purchase and Sale Agreement and Escrow Instructions (the"Agreement"); and
WHEREAS, before the Agency may 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 considered testimony presented at a duly
noticed public hearing;
NOW, THEREFORE, BE IT RESOLVED 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 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 City of
Redlands on July 17, 1984; (ii)no subsequent or supplemental EIR is necessary or required; (iii)the
proposed sale of the Property will have no significant effect on the environment not addressed 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 Purchaser, 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 Property 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.
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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 immediately upon its adoption.
Mayor f the City edlan
ATTEST:
C5C-it �Ierk, 01YORedlands
I,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 1 st day of June, 1999, by
the following vote:
AYES: Councilmembers Banda, Gilbreath, George, Freedman; Mayor Cunningham
NOES: None
ABSTAIN: None
ABSENT: None
City Clerk
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