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R-4597 (2) r-- ~ . , r --- .e e ~ 1f.Jv ' " C [TY OF Sll.!'JTA EOrlICA RESOLUTIOc; 1m. 4597 eCCS) RESOLUTION APPROVHI::; AGRI:C1!::c;'i' BETi'7EEN THE CITY, THE REDC:VELO?NENT AGE:2TCY OF TEe CITY OF 3M;'!','\ HQ,nCA MID HFH SE-:C-::'LIXG VARIOUS LSG.:\L .='-.CTI0XS J."CW DISPDTI;S AND AUT H8RIZ ING TH:8 ~L:\YOR TO E}::~CUTE TaL AGRE.E:"lE:-rr \~HEREAS, the Redevelopment Age~cy and BFH entered into a Land D1Sposltion Agreement on or about August 8, 1972, which provlded for the sale of HFH of Parcels 2, 3, 4 and 5 of the Ocean Park Redevelopment ProJects l(a) and l(b) located ~ithin the Clty of Santa Mon~ca, and further provided for the development of such real property by HFH pursuant to the Redevelopment Plans adopted for sald projects and the scope of developEent set forth in the Land -; Dlsposition Agreement; and WV-EPgAS, such dispositlon and development or sald Parcels 2, 3, 4 and 5 has been stymled by the uncertalnties surroundlng the enact~ent of the Callfornia Coast~l Zone Conservatlo~ Act of 1972 . ~nd lts appllcdtlon; if any, to the above-described develop~ent; by the refusal of the Callforn~a Coastal Zone Conservatlon CO~~isslon . ..., to grant to the Agency and HFH elther an exemption from the pe~,lt re~~ir~7ents or such Coastal Act or a per~lt for all or a part of --described development; and by lltigatian arising froQ such refusals of sald Coastal COil~lssloni and \~nEP~AS, the City, the Agency and HFH are involved 1n further Iltlgatlo~ and dlsputes regardlng thelr respective rlghts and dutles U~G2r the La~d D1S?OSltlO~ Agreement at thlS tl~e, ~nd \',E:2Ei\S, trle partles hereto deslre to settle lit.igatlO'1 and 6~s~~t~s O~ an equ1table basis and to free the real prope~ty involved. l,o;.l, 'I'rtSRI:I'ORE, TH:: CITY 0:: 5;".:\TA t-:o;-rrCA DDES E:O:REBY HESOLVE a..3 Eollo','ls: 1. Tb.~ !\~~LeeT~nt b2~~12e~ the _;;'g2nCy~, th2 Cl ty aild E?r~ s2ttling v~rLOi~~ leg~l act1o~lS a:ld d~s?utes ~nvolvlng tnz Ocea~ Par~ Redeval- EXHIBI7 nl~cr I. , , .... e - o~~ent ProJect 1 (a) and l(b) and the Land Dlspositlon Agree~ent e,n::e::-ed 1 nto bet\.,reen the Rec:.evelop:nent 1.cJency and lInT on August 8, 1972, a co~y of which is on flle In the offlce of the Clty Clerk, lS f'.ereby al?~roved and the llayor and Clty nanager are au-cho:::ized to execute the saDe and the note called for thereby on behalf of . ~h2 City_ 2. The Clty Attorney is hereby authorized to execete each 0= t~e other documents attached to the Agreement in substantially L~e form attached thereto If all of the other parties involved in e~C2 case execute the doc~~ent. A??ROVED AND ADOPTED thls 11 th day of February , 1975. AI~~S1'- ~L It~ HAYOR !:;1h (J JJ. C-.....y-I C' -:,.;.; rl/1/'{V -,-1.' LV'" .-- I hereby certify that the foregoing resolution was duly adopted by the City CounciL of the City of Santa Monica at a regular meeting thereof, held on the 11th day of February, 1975, by the following vote of the Council: AYES: Councilmen. Judson, McCloskey, Swink, Trives, van den Steenhoven, Hoover None Lawson NOES: ABSENT: COlli"'1cilmen: Councilmen: ~~cl1~;f; . . A??ROVED AS TO FOR}f: . / ~ (;~'f( I- I [.; ~?f. City/, ttom f - -2- --~~,-"""- -. J:. - .. ~_~-,----- ":I ~::'"~~9 ~-- "....,...... . - -- ~- --. _.-.,...:: ~:...>--- -, .;;~ :::.-':: ~ -, "-~.:.. ~