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HomeMy WebLinkAboutCC RESO 2000-65RESOLUTION NO. 2000 - 65 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING THE SALE OF REAL PROPERTY PURCHASED WITH REDEVELOPMENT FUNDS LOCATED ON THE NORTHEAST CORNER OF 9TH STREET AND "A" AVENUE (827 EAST "A" AVENUE) WHEREAS, the Community Development Commission of the City of National City (CDC) has entered into negotiations for the sale of real property with Wakeland Housing and Development Corporation, the Developer, for development of a parcel located on the northeast corner of 9th Street and "A" Avenue; and WHEREAS, the developer proposes to construct six three-story rowhomes; 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 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 of real property was held by the City Council on June 6, 2000. BE IT FURTHER RESOLVED that the City Council hereby finds that with a sale price of $1.00 and the terms and conditions of a Disposition and Development Agreement 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. -- Signature Page to Follow -- Resolution No. 2000 - 65 June 6, 2000 Page Two PASSED and ADOPTED this 6th day of June, 2000. AL George H. aters, Mayor ATTEST: /U Q el R. Dall ,' ity Clerk APPROVED AS TO FORM: George H. Eiser, III City Attorney