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RES-9250 Approving Lease of Santa Fe Depot Property to Orange Cask, IncRESOLUTION NO. 9250 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE APPROVING THE LEASE OF THE SANTA FE DEPOT PROPERTY IN THE SOUTHWEST REDEVELOPMENT PROJECT AREA TO ORANGE CASK, INC. AND MAKING CERTAIN FINDINGS WITH RESPECT THE:RETO WHEREAS, the Orange Redevelopment Agency (the "Agency") is engaged in activities necessary to carry out and implement the Redevelopment Plan for the Southwest Redevelopment Project (the "Project"), and has adopted an Implementation Plan for the Project in accordance with California Health and Safety Code Section 33490 (the Implementation Plan"); and WHEREAS, in order to carry out and implement such Redevelopment Plan, the Agency proposes to lease the historic Santa Fe Depot property (the "Property"), owned by the Agency and located in the Project area, to Orange Cask, Inc., a California corporation (the Tenant"), pursuant to the terms and provisions of a certain Lease Agreement (the "Lease") and in conjunction with a loan payable by Tenant to the Agency in the original principal amount of $234,000 evidenced by a Promissory Note ("Promissory Note"), in the form present(~d at this meeting. The Lease contains a description of said property and provides for the use of the Property as a restaurant (the "Restaurant"); and WHEREAS, the Tenant has submitted to this City Council and the Agency a copy of said proposed Lease and the Promissory Note in a form acceptable to and desired by the Tenant; and WHEREAS, the City Council finds that the previous use of the Property was for a restaurant and the proposed use subsequent to the execution of the Lease will be for a restaurant and that therefore, pursuant to Section 15061(b)(3) of the State of California Environmental Quality Act ("CEQA") Guidelines, the execution of the Lease and the operation of a restaurant by Tenant will not cause a significant effect on the environment because environmental circumstances and conditions of the Property will not be changed; and WHEREAS, pursuant to the California Community Redevelopment Law (California Health .md Safety Code, Section 33000, et seq.) this City Council and the Agency held a joint public hearing on the proposed Lease of the Property; having duly published notice of such public hearing and made copies of the proposed Lease, the Promissory Note, and other reports and documents available for public inspection and comment; and WHEREAS, the City Council has duly considered all terms and conditions of the proposed Lease and the Promissory Note and believes that the Lease of the Property pursuant to the proposed Lease and the acceptance of the Promissory Note are 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 Orange as follows: 1. The City Council recognizes that it has received and heard all oral and written objections to the proposed Lease of the Property pursuant to the Lease, and to other matters pertaining to this transaction, and that all such oral and written objections are hereby overruled. 2. The City Council finds and determines that approval and execution of the Lease is exempt from CEQA pursuant to Section 15061(b)(3) of the State CEQA Guidelines. 3. The City Council hereby finds and determines that the consideration to be paid by the Tenant for the lease of the Property as described in the Lease, in conjunction with the Promissory Note, is not less than the fair reuse value at the use and with the covenants and conditions authorized by the Lease and contained in the Promissory Note. 4. The City Council hereby finds and determines that the lease of the property will assist in the elimination of blight in the Southwest Redevelopment Project Area, and is consistent with the Implementation Plan. 5. The lease of the Property, the Lease, the Promissory Note, and all related documents are hereby approved. 6. This Resolution shall take effect upon adoption. Reso No. 9250 2 TJR ADOPTED this 25th day of April, 2000. r t',c / .' / /. (/";:'<" / .. Joi' eE~(~~~:'~~yo: o~ t~e:'~~ty of Orange I ATTEST: 1Ei0~ CassandraJ. Catli ,City Clerk of the CIty of Orange hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the 25th day of April,2000, by the following vote:AYES: NOES: ABSENT: ABST- AJN: COUNCIL MEMBERS: MURPHY, SLA'I~ER, COONTZ, SPURGEON, ALVAREZ COUNCIL MEMBERS: NONE COUNCIL MEMBERS: NONE COUNCIL MEMBERS: NONE C1A'--'A~~f'~Cassandra 1. Cathc~, City Clerk of the City of Orange Reso No. 9250 3 TJR