HomeMy WebLinkAboutResolution - 98-26 RESOLUTION NO. 98-26
~' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN JACINTO CONSENTING TO THE SAN JACINTO REDEVELOPMENT
AGENCY'S CONVEYANCE OF INTEREST IN REAL PROPERTY WITHIN THE SAN
JACINTO REDEVELOPMENT PROJECT AREA PURSUANT TO A DISPOSITION
AND DEVELOPMENT AGREEMENT BETWEEN THE AGENCY AND KHAMIS SEA
LANDING, INC., OR ASSIGNEE
WHEREAS, the San Jacinto Redevelopment Agency (the "Agency") wishes to
encourage the rehabilitation of land and the buildings within its Project Area for the
elimination of blight. The encouragement of the construction of new commercial, retail and
entertainment uses within the Project Area will encourage and promote a more secure
financial climate within the Project Area, create job opportunities, secure attractive and
quality construction, and provide needed retail and entertainment opportunities to citizens
within the Project Area; and
WHEREAS, the San Jacinto Redevelopment Agency owns approximately 1.12 acres
of land known as Assessor's Parcel NO. 439-110-081, and now desires to lease with an
option to sell the property (the "Site") to Khamis Sea Landing, Inc., or their Assignee (The
"Developer") pursuant to the terms of the Disposition and Development Agreement between
the Agency and Developer, to provide for the construction of a sea food restaurant; and
.�. WHEREAS, the proposed use of the Site, as contemplated in the Agreement, is
within the permitted uses and applicable zoning of the property and furthers the goals of the
Redevelopment Plan; and
WHEREAS, California Community Redevelopment Law requires the preparation of
a report documenting and summarizing the reason, basis, terms and effects of the sale as
they may be related to the elimination of blight, for properties originally obtained with tax
increment monies; and
WHEREAS. the City Council of the City of San Jacinto must approve the sale and
leases of Agency owned real property, pursuant to Section 33433 of the Health and Safety
Code; and
WHEREAS, a public hearing, duly published and noticed, was held on May 21, 1998,
at which time evidence was received and objections, if any, considered:
NOW, THEREFORE, IT IS HEREBY RESOLVED by the San Jacinto City Council as
follows:
Section 1. The facts stated in the above recitals are found to be true and correct and
all proceedings herein have been conducted in accordance with applicable law and
procedure.
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Section 2. The City Council of the City of San Jacinto does hereby approve the lease
and sale of the within described property in accordance with the terms and conditions stated
' within the Disposition and Development Agreement which is concurrently and hereby
approved for consideration and adoption by the Agency.
Section 3. The City Council hereby finds as true, the content and representations of
the Report, presented at the hearing by the Agency's staff. In furtherance thereof, the
Council specifically makes the following findings:
a. The conveyance of the within described property as proposed in the
Disposition and Development Agreement, will assist in the elimination of blight
for the reasons set forth in the Agency's Summary Report prepared in
connection with the transaction, which report is incorporated herein by
reference.
b. The consideration for the sale is not less than the fair re-use value of the
property at the use and with the covenants and conditions and development
costs authorized by the lease and sale set forth in the Disposition and
Development Agreement.
C. The conveyance is consistent with the Agency's Implementation Plan, as it
meets the following Goals and Objectives:
1. Development of property in a creative, coordinated land use pattern of
commercial, industrial, residential, open space, recreational, and public
facilities consistent with the goals and objectives set forth in the
General Plan and Zoning Ordinance.
2. Encouragement, promotion, and assistance in the development and
expansion of local commerce.
3. Acquisition, assemblage, and/or disposition of sites of usable and
marketable sizes and shapes for residential, open space, recreational
and public facility development within each of the project areas.
4. Provide a procedural and financial mechanism by which the Agency
can assist, complement, and coordinate public and private
development, redevelopment, revitalization, and enhancement of the
community.
Section 4. The Disposition and Development Agreement between the Agency and
Khamis Sea Landing, Inc. is hereby approved.
Section 5. The City Manager is authorized and directed to take all actions
consistent with this Resolution to implement the terms of the DDA on behalf of the City.
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MOVED, PASSED AND ADOPTED this 21 st day of May 1998, upon the following
vote:
AYES: Councilmembers Cornett , (food and Mayor Smedlev
NOES: COUP Ci Imembers Conner and Williams
ABSTAIN: Plane
ABSENT: None
ti :
Mayo
ATTEST:
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City Clerk
CERTIFICATION
The foregoing is certified to be a true copy of Resolution No. 98-25 duly adopted by said
City Council of the city of San Jacinto on the date set forth therein
City Clerk