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HomeMy WebLinkAboutCC RESO 2000-59RESOLUTION NO. 2000 - 59 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING THE SALE PRICE OF REAL PROPERTY BOUNDED BY 81u STREET ON THE SOUTH, ROOSEVELT AVENUE ON THE EAST, INTERSTATE ROUTE 5 (I-5) ON THE WEST AND 7Th AVENUE ON THE NORTH WHEREAS, the Community Development Commission of the City of National City (CDC) has entered into an Exclusive Right To Negotiate for the sale of real property with the Hennessey Group, the Developer, for development of a parcel of land bounded by 8th Street on the south, Roosevelt Avenue on the east, Interstate Route 5 (1-5) on the west and 7th Avenue on the north; and WHEREAS, the developer proposes to construct a combination convenience store, fast food operation and gas station at the site; and WHEREAS, in accordance with the California Community Redevelopment Law, Health and Safety Code Section 33433 (Law) a Summary Report Pertaining to the Sale of Real Property Relative to Sale Price (Summary Report) must be available for public review and a public hearing regarding said sale price must be held and certain findings made prior to the sale of the property. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the Notice of Public Hearing and Summary Report have been prepared and executed in accordance with the requirements of the Law. BE IT FURTHER RESOLVED that a public hearing regarding the sale price for the real property was held by the City Council on May 16, 2000. BE IT FURTHER RESOLVED that the City Council hereby finds that with a sale price of $572,550 and a Covenant attached to Real Property as described in the Summary Report, that said consideration is not less than the fair reuse value at the use and with the covenants and conditions and development costs authorized by the sale. BE IT FURTHER RESOLVED that the City Council hereby finds that the sale will assist in the elimination of blight. BE IT FURTHER RESOLVED that the City Council hereby finds that the sale is consistent with the implementation plan adopted pursuant to Health and Safety Code Section 33490. Resolution No. 2000 — 59 May 16, 2000 Page Two PASSED and ADOPTED this 16th day of May, 2000. George Haters, Mayor ATTEST: h, Michael R. Dalla, CYity Clerk APPROVED AS TO FORM: George H. Eiser, III City Attorney