Loading...
HomeMy WebLinkAboutRDA Reso 1997-1543 AGENCY RESOLUTION NO. 1543 (COUNCIL RESOLUTION NO. 18690} JOINT RESOLUTION OF THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA MAKING REQUIRED REDEVELOPMENT ACT FINDINGS AND APPROVING A PURCHASE AND SALE AND ESCROW INSTRUCTIONS WITH THE SAN DIEGO UNIFIED PORT DISTRICT WITH RESPECT TO PROPERTY LOCATED AT 980 LAGOON DRIVE, CHULA VISTA, AND AUTHORIZING THE CHAIRMAN TO EXECUTE SAME WHEREAS, the Redevelopment Agency of the City of Chula Vista ("Agency") owns certain real property at 980 Lagoon Drive in Chufa Vista, California; and WHEREAS, the San Diego Unified Port District ("the District") wishes to purchase said property from the Agency for future redevelopment; and WHEREAS, a Purchase and Sale Agreement and Escrow Instructions between the Redevelopment Agency and the District has been prepared; and WHEREAS, Community Redevelopment Act require that a public hearing be held by the Agency for the sale of Agency property without competitive bidding and/or where the property was acquired with tax increment, and requires that notice of said public hearing be given by publication in a local newspaper for not less than once a week for two weeks prior to the hearing; and WHEREAS, notice of the public hearing was published in the Chula Vista Star News on May 24, 1997 and May 31, 1997, on June 3, 1997 and the City Council and Redevelopment Agency continued the joint public hearing until June 10, 1997 and considered all testimony presented; and WHEREAS, Community Redevelopment Law requires that the sale of Agency property assist in the elimination of blight; and WHEREAS, Community Redevelopment Law requires that the sale of Agency property be consistent with the implementation plan adopted for the Project Area pursuant to Health and Safety Code Section 33490; and WHEREAS, Community Redevelopment Law requires that the sale of Agency property be based on a price that is not less than (1) the fair market value of the property at its highest and best use in accordance with the plan, or (2) the fair reuse value at the use and with the covenants and conditions and development costs authorized by the sale. NOW THEREFORE, THE CITY COUNCIL AND REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA do hereby find as follows: Resolution 1543 Page 2 1. The sale of Agency property at 980 Lagoon Drive ("Property") will eliminate and prevent the spread of blight and deterioration in the Bayfront Redevelopment Project Area ("Project Area") by selling and causing the Property to be cleaned of contaminated soil, garbage, debris and foundation and improve the Property so that it can be redeveloped with a higher and better land use. 2. The sale of the Property is consistent with the Redevelopment Plan and implementation plan for the Project Area because it will eliminate and prevent the spread of blight; it will facilitate the removal of contaminated soil, garbage and debris and facilitate redevelopment in conformance with the Redevelopment Plan. 3. The sale of the Property is for not less than the fair market value. The property is being sold for 9981,000, which sales price has been determined based on an appraisal of the property's highest and best use by a qualified professional property appraiser. BE IT FURTHER RESOLVED that the Agency further finds that it is in the best interest of the public and Agency to sell the property located at 980 Lagoon Drive without competitive bidding to the San Diego Unified Port District in order to clean the property of contaminated soils, garbage, debris and improvements so that the property may be redeveloped. BE IT FURTHER RESOLVED that the Chairman of the Agency is hereby authorized and directed to execute the Purchase and Sales Agreement and Escrow Instructions with the San Diego Unified Port District, and all other related documents and agreements (collectively, the "Agreements") for the sale of Agency property at 980 Lagoon Drive in Chula Vista in final forms approved by the Agency Attorney, copies of which shall be kept on file as Document No. RACO- 97-08. BE IT FURTHER RESOLVED that staff is hereby authorized and directed to take any and all necessary and appropriate actions to implement the Agreements. Presented by Approved as to form by Chris Salomone Director of Community Development (~t~y Attorney and Agency C~_~ Resolution 1543 Page 3 PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, CALIFORNIA this 10th day of June, 1997 by the following vote: AYES: Members Moot, Padilla, Rindone, Salas, Horton NOES: None ABSENT: None ABSTENTIONS: None Shirley H o~on Chairman ATTEST: ~ Chris Salomone Executive Secretary STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss: CITY OF CHULA VISTA ) I, Chris Salomone, Executive Secretary to the Redevelopment Agency of the City of Chula Vista, California DO HEREBY CERTIFY that the foregoing is a full, true and correct copy of Resolution No. 1543 and that the same has not been amended or repealed. Dated: June 11, 1997 ~ ~ Chris Salomone Executive Secretary