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HomeMy WebLinkAbout4770_CCv0001.pdf RESOLUTION NO. 4770 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS APPROVING THIRD AMENDMENT TO DISPOSITION AND DEVELOPMENT AGREEMENT AND MAKING SECTION 33445 FINDINGS (Santa Fe Depot Rehabilitation Project) 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 disposition, rehabilitation and development of a restaurant and related parking, vehicular and pedestrian improvements located in and around the Santa Fe Depot facility (collectively the "Site") , the Redevelopment Agency of the City of Redlands (the "Agency") proposes to enter into a T ird Amendment to Disposition and Development Agreement ("Third Amendment") with Ismail Yassai, Leane G. Yassai, Jaf ar Yassai, Sey ed Hajar Yassai, Hormoz Zahiri , and Robabeh Zahiri (collectively the "Redeveloper") ; WHEREAS, before the Agee--y can enter into the Third Amendment the City Council of the City 3f Redlands (the "City Council") must make certain findings and app-ave the Third Amendment in accordance with Section 33445 of the HeE.lth and Safety Code; WHEREAS, the City Council has reviewed and considered the Third Amendment and has determined that the development of publicly owned offsite improvements in accordance with the Third Amendment is in the best interests of the citizens of Redlands and is consistent with the goals set forth in the Redevelopment Plan for the Project Area; and 3EO11843 WHEREAS, the City Council has received and duly considered testimony presented at 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 and determines both of the following: (a; That the offsite work and improvements to bepaid for by the Ag yncy pursuant to the Third Amendment are of benefit to the Project ._::-ea cr the immediate neighborn.00d in which the Project is located; ,d (b That no other reasonable means of financing such work and improvements are available to the community. Section 2 . The City Council hereby approves the Third Amendment by and between the Agency and Redeveloper, which Third Amendment sh:--1 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. Adopted, signed and approved this 18th day of June 1991. Mayor, �it ; of e nd ATTEST: Ci yerk, CMof Redlands oEU11843 —2—