Loading...
HomeMy WebLinkAboutRES NO 47-75CITY.COUNCIL OF THE CITY OF BAKERSFIELD RESOLUTION NO. 47-75 'RESOLUTION APPROVING THE PROPOSED SALE OF REAL PROPERTY IN THE DOWNTOWN BAKERSFIELD REDEVELOP- ~NT PROJECT; AND APPROVING T~t PROPOSED DISPO- SITION AND DEVELOPMENT AGREEMENT PERTAINING THERETO WHEREAS, the Bakersfield Redevelopment Agency (the "Agency") is engaged in activities necessary tO execute and implement. the' Amende~L?Redevelopment Plan '(the "Amended Redevelopment Plan") for the Downtown Bakersfield Redevelopment Project (the "Project"); and WHEREAS, in order to execute and.implement the Amended Rede- velopment Plan, the Agency proposes to sell .certain real property (the "Property") in the Project generally described as the south- west corner of 17~th and "L" Streets pursuant to the terms and provisions of a "Disposition and Development Agreement" proposed. to be entered into with the partnership of James Aloe Weston, Trustee and Julian Weston (the "Developer") as the purchaser and developer of the Property; and WHEREAS,' the proposed Disposition and Development Agreement contains all the provisions, terms and conditions, and obligations required by State and local law; and WHEREAS, the Developer possesses the qualifications and financial resources necessary to acquire and insure development of the Property in accordance with the purposes and objectives of the Amended Redevelopment Plan; and WHEREAS, pursuant to the California Community Redevelopment Law (Health and Safety Code, Section 33000 et seq.), the Agency held a public hearing on and approved the proposed sale of the Property and the proposed Disposition and' Development Agreement; and WHEREAS, the Agency and this City Council have each consi- dered the information presented in the Environmental Impact Repor'~ (the "EIR") for the Project, and have each found and de- termined that the environmental impacts related to the develop- · ment of the Property pursuant to the Disposition and Development Agreement were considered under the circumstances presented in the EIR and that a subsequent environmental impact report need not be prepared; and JUL ? 1975 WHEREAS, pursuant to the Agency's bylaws and Ordinance No. 2216 (which approved and adopted the Amended Redevelopment Plan for the Project), the City Council shall approve all con- tracts by the Agency for the sale of land; and WHEREAS, the City Council has duly considered all terms and conditions of the proposed sale and believes that the development of the Property pursuant to the proposed Disposition and Develop- ment Agreement is in the best interests of the City and the health, safety, morals, and welfare of its residents, and in accord with the public purposes and provisions of applicable State and local law and requirements. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAKERSFIELD AS FOLLOWS: The Sale of the Property by the Bakersfield Redevelopment Agency to the partnership of James Aloe Weston, Truste~ and Julian Weston and the Disposition and Development Agreement, which establishes the terms and conditions for the sale and development of the Property, are hereby approved. o0o I HEREBY CERTIFY that the foregoing resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on the 28th day of July, 1975, by the following vote: AYES: COUNCILMEN BARTON, BLEECKER, 'CII.~iSTEN$EN, MEDDERS, ROGERS, SCEALES, STRONG NOES: COUNCILMEN: ABSENT COUNCILMEN: ABSTAINING COUNCILMEN: ~,~,,....~..~ CITY C~Ka~nd Ex O -ci~oClerk of Council of the~ Bakersfield the APPROVED this.2~th day of July, 1975 ~,ity Bakersfield APPROVED as ~o" f6rm: