RES-ORA-0289 Approving Participation Agreement by and between Redevelopment Agency and Santa Fe Pacific Pipeline Partners, L.P.RESOLUTION NO. ORA-
0289 A RESOLUTION OF THE ORANGE
REDEVELOPMENT AGENCY APPROVING AND AUTHORIZING
THE EXECUTION OF A PARTICIPATION AGREEMENT
BY AND BETWEEN THE ORANGE
REDEVELOPMENT AGENCY AND SANTA FE PACIFIC
PIPELINE PARTNERS, L.
P.WHEREAS, the Orange Redevelopment Agency (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 Santa Fe Pacific Pipeline Partners, L.P.,
California partnership (the"Participant"), propose to enter into a Participation Agreement (
the Agreement") under which the Agency would provide assistance to the Participant
for improvements to the business space occupied by the Participant (the "Demised Premises")
for use for corporate headquarters (the "Conforming Business Activities"). The Demised
Premises are located on a site within the Project (the "Site");
and WHEREAS, the participant represents and warrants to the Agency that it has
entered into a lease or that, subject to the Agency and the Participant first entering into
this Agreement, the Participant and Equity Office PropeJties, Inc. (the "Owner") are prepared
to enter into a lease for a term of not less than fifteen (15) years (the "Lease") providing
for occupancy by the Participant of the Demised Premises and operation of its
Conforming Business Activities as set forth in the Agreement;
and WHEREAS, the Owner has agreed and consented to the recordation of
covenants pertaining to the Demised Premises and has further agreed and consented that the Agency
may treat the participant as an "Owner participant" pursuant to the Redevelopment Plan and
Owner Participation Rules as adopted by the Agency;
and WHEREAS, the Agency has duly considered all terms and conditions of the
proposed Agrec:ment 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
NOW, THEREFORE, BE IT RESOLVED by the Orange Redevelopment Agency as
follows:
Section 1. The Agency finds and determines that the redevelopment of the Site
pursuant to the Agreement will not have a significant effect on the environment and is exempt
from tht~ provisions of the California Environmental Quality Act pursuant to Section 15301 of
the CEQA Guidelines, as a Class 1 rehabilitation of an existing structure. The Assistant
Executive Director shall file, or cause to be filed, a Notice of Exemption with the Orange
County Recorder's Office.
Section 2. 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 3. 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 4.The Agency Clerk shall certify to the adoption of this Resolution.
APPROVED AND ADOPTED this 9th May 1995.
t
Agency ATTEST:
MARILYN
J. JENSEN Agency
Clerk 1~
I.
By:
I, 4.JJ<;/'l~ !t.' z;tAsslstant
C1e~STATE
OF CALIFORNIA COUNTY
OF ORANGE I,
Cassandra J. Cathcart I Assistant, Clerk of the Orange Redeve:
lopment Agency, do hereby certify that the foregoing Resolution No. ORZ'.-n?AQ was
introduced and adopted at a regular meeting provided by law of the Orange Redevelopment
Agency held on the 9th day of May , 1995, by the following vote
of the members thereof:AYES:
AGENCY MEMBERS: MURPHY, BARRERA, COONTZ, SPURGEON, SLATER NOES:
AGENCY MEMBERS: NONE ABSENT:
AGENCY MEMBERS: NONE ABST
AIN:AGENCY MEMBERS: NONE AND
I FURTHER certify that the Chairman of the Orange Redevelopment Agency signed
said Resolution No. ORA-028g)n the 17th day of May , 1995.
reso-I/
0289 MARILYN J.
JENSEN CLERK OF THE ORANGE
REDEVELOPMENT
AGENCY By: ( /~~-ftA~ e:r-/lA'
AAA'4______~_____