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RES-ORA-0439 Acquisition Approval of Unimproved Parcel of Real PropertyRESOLUTION NO. ORA- 0439 A RESOLUTION OF THE ORANGE REDEVELOPMENT AGENCY APPROVING, THE ACQUISITION FOR REDEVELOPMENT PURPOSES OF AN UNIMPROVED PARCEL OF REAL PROPERTY GENERALLY LOCATED NORTH OF STATE COLLEGE BOULEVARD AND WEST OF RAMPART STREET IN THE CITY OF ORANGE FROM THE ORANGE COUNTY TRANSPORTATION AUTHORITY.WHEREAS, the interest in the real property described in the attached Exhibit A ( the Property) is situated within the Orange Merged and Amended Redevelopment Project Area ( the Merged Redevelopment Project Area), which Merged Redevelopment Project Area was duly established by the City Council of the City of Orange on November 13, 2001 by Ordinance No.2101, pursuant to 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 Orange County Transportation Authority, a public entity (SeIler), is the owner ofthe Property, which consists of approximately 112,570 square feet and is generally located north of State College Boulevard and west of Rampart Street in the City of Orange; and WHEREAS, the SeIler has heretofore found and determined that the Property is surplus to its needs and not needed for any other public purpose; and WHEREAS, the Orange Redevelopment Agency (Agency) has been duly created,established and authorized to transact business and exercise its powers under and pursuant to the Redevelopment Law, including, among other powers, the authority granted to it by Section 33391 of the Redevelopment Law to acquire real property for redevelopment purposes; and WHEREAS, the SeIler desires, and is wiIling, to seIl the Property to the Orange Redevelopment Agency (Agency); and WHEREAS, the Property has been appraised as having a fair market value of Five Hundred Sixty-Four Thousand Dollars ($564,000.00) and the purchase price set forth in the Agreement (as defined below) is in accordance with said appraisal; and WHEREAS, the Agency proposes to acquire the Property pursuant to the terms and provisions of a Purchase and Sale Agreement and Joint Escrow Instructions (the Agreement) in the form presented at this meeting and under the authority granted to it by Section 33391 of the Redevelopment Law; and WHEREAS, as the lead agency under the California Environmental Quality Act CEQA), the acquisition of the Property by the Agency pursuant to the Agreement exempt from the provIsIons of CEQA under Section 15312 (sales of surplus government property) of the State CEQA Guidelines. NOW, THEREFORE, the Board of Directors of the Orange Redevelopment Agency does hereby resolve as follows: Section 1.The foregoing recitals are true and correct. Section 2. The acquisition by the Agency from the Seller 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 Five Hundred Sixty- Four Thousand DoIlars 564,000.00), in cash, through escrow in accordance with the terms and provisions of the Agreement, is hereby approved.Section 3. The terms and provisions of the Agreement between the Agency and SeIler with respect to the acquisition of the Property in the form as submitted by the Executive Director and executed by SeIler are approved and all actions previously taken by such officers and employees in connection with the Agreement are ratified and approved.Section 4. The Chairman is hereby authorized and directed to execute, and the Agency Clerk is hereby authorized and directed to attest, the Agreement on behalf of the Agency, 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 the Property.Section 5. Except as otherwise provided hereinabove, the Executive Director of the Agency is hereby authorized and directed to do any and all things to execute and deliver any and all escrow instructions and documents, which in consultation with Agency General Counsel, he may deem necessary or advisable in order to carry out and implement the Agreement and otherwise effectuate the purposes of this Resolution and to administer the Agency's obligations, responsibilities and duties to be performed under the Agreement.ADOPTED this 23rd dayof November, 2004.t-/f! Mark ATTEST: MMY~;:~ I, MARY E. MURPHY, Clerk of the Orange Redevelopment Agency, Orange California, do hereby certify that the foregoing Resolution was duly and regularly adopted by the Orange Redevelopment Agency at a regular meeting thereof held on the 23rd day of November, 2004, by the following vote: AYES: NOES: ABSENT: ABSTAIN: DIRECTORS: Ambriz, Alvarez, Murphy, Coontz, Cavecche DIRECTORS: None DIRECTORS: None DIRECTORS: None 3 EXHIBIT A LEGAL DESCRIPTION OF PROPERTY ALL THAT CERTAIN LAND SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF ORANGE, CITY OF ORANGE, DESCRIBED AS FOLLOWS: THAT CERTAIN PARCEL OF LAND IN THE CITY OF ORANGE, COUNTY OF ORANGE, STATE OF CALIFORNIA, DESIGNATED AS PARCEL NO. 200499-5 AND DESCRIBED AS "EXCESS" IN THE FINAL ORDER OF CONDEMNATION RENDERED IN CASE NO. 753419, IN THE SUPERIOR COURT OF THE STATE OF CALIFORNIA FOR THE COUNTY OF ORANGE, A COPY OF WHICH RECORDED MARCH 18, 1998 AS INSTRUMENT NO. 19980154709 OF OFFICIAL RECORDS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.TOGETHER WITH THAT PORTION OF LOTS 9 AND 13 OF THE " LOCKHART TRACT" IN THE CITY OF ORANGE, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS DESCRIBED IN THAT CERTAIN GRANT DEED TO THE STATE OF CALIFORNIA, RECORDED APRIL 07, 1997 AS INSTRUMENT NO. 19970157345 OF OFFICIAL RECORDS OF SAID COUNTY, LYING EASTERLY AND NORTHEASTERLY OF COURSES NUMBERED (1) AND (2) IN SAID FINAL ORDER OF CONDEMNATION RENDERED IN CASE NO. 753419.LANDS ABUTTING THE FREEWAY SHALL HAVE NO RIGHT OR EASEMENT OF ACCESS THERETO.THE ABOVE-DESCRIBED REAL PROPERTY IS LAND LOCKED AND WITHOUT ANY DIRECT ACCESS TO THE FREEWAY OR TO ANY PUBLIC OR PRIVATE ROAD. THE STATE OF CALIFORNIA IS WITHOUT OBLIGATION OR LIABILITY TO PROVIDE ACCESS TO SAID