RES-ORA-0312 Participation Agreement - Citrus City Grille LimitedRESOLUTION NO. ORA 0312
A RESOLUTION OF THE ORANGE REDEVELOPMENT AGENCY
APPROVING AND AUTHORIZING THE EXECUTION OF A
PARTICIPATION AGREEMENT BY AND BETWEEN THE
ORANGE REDEVELOPMENT AGENCY AND CITRUS CITY
GRILLE, LIMITED
WHEREAS, the Orange Redevelopment Agency (hereinafter referred to as the
Agency") is a duly constituted redevelopment agency and is undertaking certain activities
necessary for redevelopment under the provisions of the California Community Redevelopment
Law (Health and Safety Code Section 33000, et seq.) and pursuant to the Redevelopment Plan
the "Plan") for the Southwest Redevelopment Project Area (the "Project"); and
WHEREAS, pursuant to the California Community Redevelopment Law, the Agency
may establish a program under which it loans funds to owners or tenants for the purpose of
rehabilitating commercial buildings or structures within a project area; and
WHEREAS, the Agency and Citrus City Grille, Limited, a California limited
partnership (the "Participant"), propose to enter into a Participation Agreement (the
Agreement") under which the Agency would loan up to One Hundred Seventy Five Thousand
Dollars ($175,000.00) to the Participant for improvements to certain real property located at
122 North Glassell Avenue, Orange (the "Site"), for improvements to real property as
designated in the Agreement and the following business activities ("Conforming Business
Activities"), subject to the Participant having first obtained all applicable land use approvals,
business licenses, special event permits, and any other permits required pursuant to the
Municipal Code of the City of Orange: (i) restaurant; and (ii) such additional uses as may
hereafter be approved by the Agency and, if approval by the City Planning Commission or the
City Council is also required for such use to be lawfully conducted at the Site, then
additionally with such approval. The Site is located within the Project Area of the Project;
and
WHEREAS, the Participant intends to continue to conduct only Conforming Business
Activiti,es on the Site and allow only the conduct of Conforming Business Activities on the Site
as more particularly set forth in the Agreement; and
WHEREAS, the Agency has duly considered all terms and conditions of the proposed
Agreement and believes that the redevelopment of the Site pursuant thereto is in the best
interests of the City of Orange and the health, safety, and welfare of its residents, and in
accord with the public purposes and provisions of applicable state and local laws and
requirements.
NOW, THEREFORE, the Orange Redevelopment Agency as follows:
Section 1. The Agreement is hereby approved, and the Agency Executive Director
is authorized and directed to execute the Agreement on behalf of the Agency. A copy of the
Agreement when executed by the Agency shall be placed on file in the office of the Agency
Clerk.
Section 2. The Executive Director of the Agency (or his designee) is hereby
authorized and directed to take any appropriate action consistent with the purposes of this
Resolution and the Agreement approved hereby to carry out and implement the Agreement on
behalf of the Agency and to administer the Agency's obligations, responsibilities and duties to
be performed pursuant to the Agreement.
Section 3.The Agency Clerk shall certify to the adoption of this Resolution.
ADOPTED this 28th day of May./?
1
ATTEST:
Chairman of the Orange Redevel pment Agency
1/
v'
U~~&1:r
Clerk of the Orange edevelopment Agency
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 28th day of May
1996 by the following vote:
A YES: DIRECTORS:MURPHY, BARRERA, COONTZ, SPURGEON. SLATER
NOES:DIRECTORS: NONE
ABSENT: DIRECTORS: NONE
ABSTAIN: DIRECTORS: NONE
1c/shareireso/0312