M-5/23/1972
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RESOLUTiON ~O. 3:2 (R.A.S.)
RESOLUT!ON OF Ii--!;: (\EJEVELDPI'~:::NT AGE:\C'/ Di=: THE CiTY OF SAi\Ti-\
~QNiCA, CALiFORNIA) f\~~p':QVIi\{i,-~:\ ~J\ND D~SPOSfTl.9N AGREEfViE~.jT
\>lITH HFH] LTD"l ~ ?L,~TNERSE~Pl FOk..J~SfJDSiT.i..9~. P.~RCj:LS_.NqS!-
2, 3 AND 4 OF' PROJECT I (A) I Cf.LtF. R-37, A~D FOR D [spas ITI ON
PARCEL !'Jo. 5 Df PROJECT J (5) I. C/.LiF. R-~4.
WHEREAS, the Redevelopment Agency, 00 April 7, 1972, by Resolution
~o. 309 (R.A.S.), did approve the Land Disposition Agreemenc with HrH, LTD.
for the purposes of submittal to the City Council of the City of Sar.ta
~onica aroci to the Department of housing and Urban Development, recommending
and requesting their approval and consenting to hold a PubliC nearing on
the Land DisposItion Agreement, and,
WHEREAS, the City CounCI I of the City of Santa Monica, on April 11,
1972, approved the Land Disposition Agreement With HFH, LTD.; and,
WHEREAS, the Redevelopment Agency of the City of Santa Monica held
a ?U~iIC HearIng on May 23, i972 on the sale of real property in the Ocean
park Redevelopment Project No. I (a), Calif. R-37, and Project No. I(b),
Calif. R-44, and,
\~HEREAS, the Agreement submitted on April 7, 1972 entitled the "Land
Disposition Agreer.1ent - Ocean Park Projects l(a) and l(b)", consisting
of 56 pages and 4 attachments, was rev[ewed and conSidered at said Hearing.
NOW, THEREFORE, aE IT R~SOLVSD BY THE REDEVELOPKENT AGENCY OF THE
CITY OF SANTA MONICA, CALIFORNIA, as follows;
I. That the Land Disposition Agre~Toent with HFH, LTD. is hereby
app roved.
2. That the Executive Director of the Agency is hereby authorized
and directed to execute said Agreement with HFr., LTD., suhjecr
to Section 800 - SpeCial Condi,tions_~cede()t qnd S-ubsecuen-::
and Section 1000 - Time ~or Accep~ancc of Agree~enL by A~~c~.
ADOPTED AND APPROVED THiS 23RD
MAY
, .972.
DAY OF
c~~,/~_
Anthony L-r- DIj,.1ffj
Cha i rman /"
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i hereby certify thet the foregoIng Res01ution was duly adopteo by
the Redevelopment Agency of the City of S~nta Monica, California, at a
regcl 1 a r
meeting thereof, held on the _ 23fd___ clay of
May
, ,
1972, by the following vote of the Agency ~ember5~
A YES ~
MEl-i,6ERS~ D;turl, Gabriel, Reidy, Rinck, Trives
NOES:
MEMBERS: Hoover
ABSENT:
I'lEI'.8ERS: /'ice i05 key
- /c(~~"'&:S
K. o. uruny
Secretary
A?proved as to legal form and
adequacy.
1!fi.,~!t~
Ge a 1 counse~~ - - ---