R-4785
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RESOLUTION NO. 4785(CCSL
(City Councll Serles)
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF S&~TA MONICA DETER-
MINING THAT CERTAIN BUILDINGS,
FACILITIES, STRUCTURES AND OTHER
IMPROVEMENTS ARE OF BENEFIT TO THE
DOWNTO~VN REDEVELOPMENT PROJECT AREA.
WHEREAS, the Clty Counc~l on January 27, 1976,
approved and adopted the offlcial Redevelopment Plan for the
Downtown Redevelopment ProJect; and,
WHEREAS, the area of the Clty of Santa Monica lncluded
In sa~d Redevelopment Plan is descrlbed as follows:
"That certaln parcel of land in the
City of Santa Mon~ca, County of Los
Angeles, State of Callforn~a,
descrlbed as follows:
That portlon of land bounded by the
northeasterly llne of Fourth Street,
elghty feet wide; the southeasterly
llne of Colorado Avenue (formerly
known as Ra~lroad Avenue), eighty feet
wide; the southwesterly Ilne of
Second Street, elghty feet wlde; and
the northwesterly llne of Broadway
(formerly known as Utah Avenue) ,
eighty feet wide; as shown on amended
map of Town of Santa Mon~ca Tract,
in the Clty of Santa Monlca, County
of Los Angeles, State of Callfornla,
as per map recorded in Book 39,
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Page 45 et seq. of Mlscellaneous
Records in the Offlce of the County
Recorder of sald County, (herein-
after referred to as ~ProJect Area");
and,
WHEREAS, Section 33445 of the Health and Safety Code
of the State of Californla provldes, ~nter alia, as follows:
Sectlon 33445. Notwithstanding the
provls1ons of Sectlon 33440, an agency
may, wlth the consent of the leg1slative
body, pay all or part of the value of
the land for and the cost of the
lnstallation and constructlon of any
bU1ldlng, faci11ty, structure, or
other improvement WhlCh lS pub11cly
owned either Wlth1n or wlthout the
proJect area, upon a determlnation by
resolutlon of the agency and local
leglslatlve body that such bUlldings,
facllltles, structures, or other
lmprovements are of beneflt to the
proJect area regardless of whether
such lmprovement 1S wlthln another
project area, or ln the case of a
proJect area in WhlCh substantially
all of the land 1S publicly owned
that such 1mprovement 1S of benefit
to an adJacent proJect area of the
agency. Such determination by the
agency and the local leglslative
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body shall be final and conclusive
as to the ~ssue of beneflt to the
proJect area..."; and,
WHEREAS, a dlspositlon and development agreement
was entered lnto between the Agency and Santa Monica P13ce
Assoc~ates on or about September 10, 1975, by the terms of
which the Agency lS authorlzed to pay all or part of the
value of land for and the cost of the installation of parklDg
fac~l~t~es, parklng structures, and related publ~c improvements
to be located within the Project Area; and,
WHEREAS, such park~ng facilitles, parking structures
and related lmprovements are of benefit to the ProJect Area
because they satlsfy the otherwlse unavailable parklng and
trafflc needs and reqUlrements for the Project Area ln
accordance with said Redevelopment Plan.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA
MONICA DOES RESOLVE AS FOLLOWS:
SECTION 1. That the Clty Council hereby consents to
the payment by the Redevelopment Agency of the Clty of Santa
Monlca of all of the value of the land for and the cost of the
lnstallation and constructlon of said park~ng facilltles,
structures and related publlC lmprovements, and any part thereof.
SECTION 2. That sald parklng facl11tles, structures
and related publlC lmprovements are of beneflt to the sald
Project Area.
SECTION 3. Pursuant to Section 33445 of the Health
and Safety Code of the State of Californla, this determ~natlon
of the Redevelopment Agency of the Clty of Santa Mon~ca shall be
final and conclusive as to the lssue of benefit to the Project
Area.
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ADOPTED and APPROVED thlS 10th day of August
1976.
r~~ ~/~~
Mayor
ATTEST:
/~Q(A~
r Clty Clerk(/l
I hereby certify that the forego~ng resolut~on was
duly adopted by the Clty Councll of the City of Santa Monlca
at a regular meetlng thereof, held on the 10th day of
August
, 1976, by the follow~ng vote of the Council:
AYES:
Counc~lmember: Cohen, Judson, Reed, Swink,
van den Steenhoven, Trives
NOES:
Councllmember: McCloskey
ABSENT:
Councllmember: None
Lv. fl~ /k'
c~ ty ;!}IT< --....,.
APPROVED AS TO FORM:
City Attorney
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