HomeMy WebLinkAboutResolution - 95-2 REDEVELOPMENT AGENCY
RESOLUTION NO. RDA 95-2
A RESOLUTION OF THE SAN JACINTO REDEVELOPMENT AGENCY
AUTHORIZING THE SALE OF REAL PROPERTY WITHIN THE SAN JACINTO
REDEVELOPMENT PROJECT PURSUANT TO DISPOSITION AND DEVELOPMENT
AGREEMENT
WHEREAS, the San Jacinto Redevelopment Agency (the "Agency") wishes to
encourage the construction of housing for low and moderate income households; and,
"WHEREAS, the San Jacinto Redevelopment Agency owns an approximately
20,000 square foot lot on Brown Street (the Subject Property) within the Brown and
Second Streets Model Neighborhood suitable for the construction of such housing.
WHEREAS, the Agency proposes to convey the Subject Property to Habitat for
Humanity, Hemet/San Jacinto, Inc., (the Developer) pursuant to a Disposition and
Development Agreement between the Agency and the Developer to provide for the
construction of affordable housing; and
WHEREAS, California Community Redevelopment Law requires the preparation
of a report documenting the necessity of the Agency to convey the Subject Property,
which was originally purchased using tax increment monies, to the Developer; and
WHEREAS, the City Council of the City of San Jacinto has concurrently herewith
approved the conveyance by the Agency, pursuant to Section 33433 of the Health &
Safety Code, and
WHEREAS, a public hearing, duly published and noticed, was held on March 21,
1995, at which time evidence was received and objections, if any, considered.
NOW, THEREFORE, IT IS HEREBY RESOLVED by the San Jacinto
Redevelopment Agency as follows:
Section 1. The San Jacinto Redevelopment Agency does hereby approve the 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.
Section 2. The City Council hereby finds as true, the content and representations
of the report of the Agency's Director of Community Development, a copy of which is
attached hereto. In furtherance thereof, the Agency specifically makes the following
findings:
a. The conveyance of the within described property as proposed in the DDA
will assist in the elimination of blight.
b. The consideration for the sale is not less than the fair market value of the
Property at the use and with the covenants and conditions and development
costs authorized by the sale and the Disposition and Development
Agreement.
MOVED, PASSED AND ADOPTED this 21st day of March, 1995, upon the
following vote:
AYES: Agency Members Leahy, Oaks, Solorio, Williams and Hafliger
NOES: None
ABSENT: None
ABSTAIN: None
Agency Chairperson
ATTEST:
B :
A ency Secreta
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