RES-ORA-0513 Acquisition of City-Owned Parking LotRESOLUTION NO.ORA-
0513 A RESOLUTION OF THE
ORANGE REDEVELOPMENT AGENCY APPROVING
THE ACQUISITION FROM THE CITY OF ORANGE
OF A CITY-OWNED PARKING
LOT GENERALLY LOCATED ON THE WEST SIDE OF
THE ORANGE TRANSPORTATION CENTER
BETWEEN PALM AVENUE AND CHAPMAN
AVENUE FOR
REDEVELOPMENT PURPOSES.WHEREAS, the City of Orange (the City) is a municipal
corporation exercising governmental functions and powers, organized and existing under the laws of the
State of California, and authorized to sell and otherwise convey real property to
the Orange Redevelopment Agency (the Agency) under the California Community
Redevelopment Law commencing with Section 33000 of the Health and Safety Code and hereinafter referred
to as the Redevelopment
Law); and WHEREAS, the Agency has been duly created, established and
authorized to transact business and exercise its powers under and pursuant to the Redevelopment
Law; and WHEREAS, the City is the owner of a 4.64-acre (gross) parcel
of real property generally located on the west side of the Orange Transportation Center
between Palm Avenue,on the north, and Chapman Avenue, on the south, w hich is being used as a
parking lot for members of the general public and patrons of the Orange Transportation
Center (herein referred to as the Property). The Property is depicted on the map attached hereto as
Exhibit B and more particularly described on Exhibit A, attached hereto and incorporated
herein by
this reference; and WHEREAS, as authorized by Section 37350 of the Government Code of
the State of California, the City Council has heretofore found and determined that the sale of
the Property to the Agency is for the common benefit of
the City; and WHEREAS, the Property is located within the boundaries of the
Orange Merged and Amended Redevelopment Project Area (the Redevelopment
Project Area), which Redevelopment Project Area was duly established by the City Council of the City
of Orange on November 27, 2001 by Ordinance No. 21-01, pursuant to
the Redevelopment Law; and WHEREAS, Section 33391 of the Law authorizes the Agency
to acquire for purposes of redevelopment any real
or personal property; and WHEREAS, the Agency proposes to acquire the Property from
the City pursuant to the terms and provisions of a Purchase and Sale Agreement in the
form presented at this meeting (the
WHEREAS, pursuant to the requirement of Section 65402 of the Government Code of
the State of California, the Director of Community Development has reported that acquisition of
the Property conforms with the City's General Plan; and
WHEREAS, the Property has been appraised as having a fair market value of
7,740,000.00 and the purchase price set forth in the Agency Purchase Agreement is in
accordance with said appraisal; and
WHEREAS, the Agency Purchase Agreement by and between the City and the Agencyhasbeenpreparedandsubmitted, providing for the conveyance of the Property by the City to
the Agency for the purchase price and upon the terms stated therein; and
WHEREAS, the Board of Directors of the Agency, along with the City Council, has
duly considered all of the terms and conditions of the Agency Purchase Agreement, as set forth
in the agenda report presented to it and any testimony received at the meeting at which this
matter was considered, and believes that the acquisition of the Property 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 requirements, and that such activities
promote the objectives of the Redevelopment Law as well as the Redevelopment Plan for the
Redevelopment Project Area.
NOW, THEREFORE, the Board of Directors of the Orange Redevelopment AgencytheAgencyBoard) resolves, on the basis of the facts set forth in the agenda report presentedtoitandanytestimonyreceivedatthemeetingatwhichthismatterwasconsidered, as
follows:
1. The foregoing recitals are true and correct.
2. The Agency Board hereby approves the acquisition by the Agency from the
City for redevelopment purposes of the fee simple estate in and to the Property, subject to
easements, covenants, rights and rights-of--way of record, for the sum of $7,740,000.
00 in accordance with the terms and provisions of the Agency PurchaseAgreement. Accordingly,the Agency Board hereby finds and determines that the terms and provisions oftheAgencyPurchaseAgreementbetweentheAgencyandtheCitywithrespecttotheacquisition
of the Property, in the form as submitted by the Executive Director,
are approved.3. The Chairman is hereby authorized and directed to execute on behalf
of the Agency the Agency Purchase Agreement, together with any and all documents
necessary and appropriate to carry out and implement the Agency Purchase Agreement and
to administerthe Agency's obligations, responsibilities and duties to be performedthereunder, including the acceptance in the name and on behalf of the Agency of a grant deed conveying
to this Agency the above-described interest
in
ADOPTED this 8th day of June, 2010.
ATTEST:
Mary E. u Agency Clerl
I hereby certify that the foregoing Resolution was duly and regularly adopted by the
Orange Redevelopment Agency at a regular meeting thereof held on the 8th day of June,
2010, by the following vote:
AYES: DIRECTORS: Smith, Murphy, Cavecche, Dumitru, Bilodeau
NOES: DIRECTORS: None
ABSENT: DIRECTORS: None
ABSTAIN: DIRECTORS: None
Mary E. y, Agency C c
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