M-9/6/1977 (2)
.
.
.
.
~
RESOLUTION NO. --3~
(Redevelopment Agency)
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
SANTA MONICA APPROVING THE SALE OF LAND IN THE OCEAN
PARK REDEVELOPMENT PROJECTS 1 (a) AND l(b) TO LINCOLN
PROPERTY COMPANY AND AUTHORIZING THE EXECUTION OF A
OISPOSITION AND DEVELOPMENT AGREEMENT RESPECTING SAID LAND
WHEREAS, in furtherance of the objectives of the Community Redevelopment
Law, the Agency is engaged in carrying out the Ocean Park Redevelopment Projects
1 (a) and 1 (b) (collectively referred to herein as the "Project"), and
WHEREAS, there has been prepared and approved by the Agency an Urban
Renewal Plan for the Project, consisting of (I) a Redevelopment Plan for Ocean
Park Redevelopment Project I{a) adopted June 30, 1960 by Ordinance No 497 of
the City, as amended November 14, 1967 by Ordinance No. 757 of the City; and
(2) a Redevelopment Plan for Ocean Park Redevelopment Project l(b} adopted
January 17, 1961 by Ordinance No. 516 of the City, as amended January 26, 1965
by Ordinance No. 667 of the City and September 12, 1972 by Ordinance No. 896 of
the City; as they may be modified or amended ;n accordance with the provisions
of the Community Redevelopment Law and with the approval of Lincoln Property
Company (hereinafter "Redeveloper"), (which plans are hereinafter collectively
called the "Redevelopment Plan"); and
WHEREAS, the Agency certified an Environmental Impact Report for the
Project on July 13, 1976 by Resolution No. 334 (R,A.S.) of the Agency; and
WHEREAS, the Agency proposes to enter into a Disposition and Development
Agreement with the Redeveloper for the sale of certain land within the PrOject
(generally, the area bounded by Neilson Way, Barnard Way, Ocean Park Boulevard
and the southerly City boundary of Santa Monica, more fully described in the pro-
posed Agreementl, and the development of ,aid land (hereinafter, the "Property")
for uses in accordance with the Redevelopment Plan, and
WHEREAS, the Agency has considered the information presented in the
Initial Study prepared for the proposed sale and Disposition and Development
Agreement in accordance with the California Environmental Quality Act and State
and local guidelines adopted pursuant thereto; and
WHEREAS, the proposed Dispos,tion and Development Agreement contains all
the provisions, terms and conditions, and obligations required by State and local
I aw; and
.
.
.
.
-
Resolution No. 343
Redevelopment Agency
WHEREAS, the Redeveloper pOSSesses the qual ifications and financial
resources necessary to acquire the land and insure development of the Property
in accordance with the purposes and objectives of the Redevelopment Plan; and
WHEREAS, pursuant to the California Community Redevelopment Law (Health
and Safety Code, Section 33000 et seq.), the Agency has held a public hearing on
the proposed sale of the Property and the proposed Disposition and Development
Agreement; and
WHEREAS, the Agency has duly considered all terms and conditions of
the proposed sale and believes that the development of the Property pursuant to
the proposed Disposition and Development Agreement is in the best interests of
the City and the health, safety, morals, and welfare of its residents, and in
accord with the public purposes and provisions of applicable State and local law
and requirements;
NOW, THEREFORE, BE IT RESOLVED BY THE REDEVELOPMENT AGENCY OF THE CITY
OF S~NTA MONICA, CALIFORNIA, AS FOLLOWS'
SECTION 1. The Agency hereby finds and determines that:
(a) Neither the approval nor the implementation of the
proposed sale and Disposition and Development Agreement will cause substantial
changes in the Project or the circumstances under which the Project is undertaken
such that new environmental impacts will result which would requIre major revi-
sions in the Environmental Impact Report previously adopted for the Project due
to the involvement of new environmental impacts not covered in said previous
Environmental Impact Report; and
(b) No Subsequent Environmental Impact Report or Supplement
to an Environmental Impact Report is necessary or required, and
(c) Neither the approval nor the implementation of the
sale and the Disposition and Development Agreement will have a significant effect
on the environment.
SECTION 2. The sale of the Property by the Agency to the Redeveloper,
and the Disposition and Development Agreement, which established the terms and
conditions for the sale and development of the Property, are hereby approved.
SECTION 3. The Executive Director is hereby authorized to execute the
Disposition and Development Agreement, and is further authorized to take all
-2-
.
.
.
-
e
Reso I uti on No. 343
Redevelopment Agency
steps, and to sign all documents and instruments (including, but not limited to,
the Grant Deeds), necessary to implement and carry out the Agreement on behalf
of the Agency.
APPROVED and ADOPTED this
day of
September
, 1977.
6th
{~1~ ~, J.1U1d--
Donna O'Brien Swink, Chairman
ATTEST.
JO~S~ .
I hereby certify that the foregoing resolution was duly adopted by the
Redevelopment Agency of the City of Santa Monica, California, at a special meeting
thereof held on the 6th day of September , 1977.
AYES:
Bambrick, Cohen, Reed, Trives, Swink
NOES:
Scott
ABSENT. van den Steenhoven
.
~~.
John "Jal i Ii, SeYretary
APPROVED AS TO LEGAL FORM
AND ADEQUACY:
t?t1 n ~ O. ;.t.OAN....-
I ~:n~;-~ Counsel
-3-