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HomeMy Public PortalAbout97-097 RESOLUTION NO. 97-097 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARSON APPROVING THE ACQUISITION AND RESALE OF CERTAIN REAL PROPERTY LOCATED AT 213TH AND AVALON BOULEVARD PURSUANT TO DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE CARSON REDEVELOPMENT AGENCY AND TERMINAL CAR LEASING, INC., DBA DON KOTT LEASING: THE CITY COUNCIL OF THE CITY OF CARSON HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. On October 7, 1997, the City Council of the City of Carson and the Carson Redevelopment Agency (the "Agency") held a duly noticed joint public hearing on the approval of the Agency's proposed acquisition and resale of certain real property (the "Property") located in the Agency's Redevelopment Project Area No. 1, as described in that certain Disposition and Development Agreement (the "DDA") between the Agency and Terminal Car Leasing, Inc., dba Don Kott Leasing ("Don Kott"), at which time all persons desiring to comment on or ask questions concerning the acquisition by the Agency and the resale of the Property to Don Kott were given the opportunity to do so. Prior to the public hearing, information concerning the Agency's proposed sale of the Property to Don Kott was available for public inspection in the offices of the City of Carson at 701 East Carson Street, Carson, California 90745 between the hours of 8:00 a.m. and 5:00 p.m., Monday through Thursday. Notice of the public hearing was published in the Daily Breeze on September 30, 1997, and October 6, 1997. Section 2. The City Council has reviewed and considered all written and oral comments, questions and concerns regarding the Agency's proposed conveyance of the Property to Don Kott received prior to and at the public hearing on said conveyance. Section 3. The City Council and the Agency have obtained an evaluation of the fair market value of the Property from R.P. Laurain Associates, who has determined that the fair market value of the Property, at the highest and best use of the Property, is $735,000. However, the Agency is purchasing the Property for $600,000 and reselling the Property for $600,000.00. Section 4. Redevelopment Project Area No. 1 is an area which has previously been identified in the Redevelopment Plan as a blighted area. The area has previously been determined to create a social and economic burden on the community which cannot reasonably be expected to be reversed or alleviated by private enterprise or governmental action, or both, without redevelopment. In addition, Redevelopment Project Area No. 1 contains vacant and under-utilized properties and properties which suffer from economic dislocation, deterioration or disuse, including depreciated or stagnant property values and impaired investments. Redevelopment Project Area No. 1 is -1- 971007 ju 084.jar C1371-00001 Council Resolution No. 97-097 Page 2 of 3 characterized by the existence of inadequate public improvements, public facilities and open spaces which cannot be remedied by private or governmental action without redevelopment. Section 5. The City Council hereby finds that the Agency's sale of the Property pursuant to the DDA will assist in the elimination of blight by Don Kott's construction of the improvements described in the DDA on previously vacant, under-utilized land, which will remedy the lack of adequate public improvements, assist in the revitalization of Redevelopment Project Area No. 1, encourage private sector investment and create job opportunities, all for the hdalth, safety and welfare of the residents and taxpayers of the City. Section 6. The City Council hereby finds that the consideration to be paid by Don Kott is not less than the fair market value of the Property at its highest and best use in accordance with the Redevelopment Plan for Redevelopment Project Area No. 1 of the Agency. Section 7. The City Council hereby approves the DDA and the sale of the Property to Don Kott in accordance with the terms and conditions of the DDA pursuant to the requirements of Health and Safety Code Section 33433(b). PASSED, APPROVED and ADOPTED this 7th day of October, 1997. z yor Attest: City Clerkz Approved as to form: 9�z City Attorney -2- 971007 jar e584.ju C1371-00001 Council Resolution No. 97-097 Page 3 of 3 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF CARSON ) I, Helen S. Kawagoe, City Clerk of the City of Carson, California, do hereby certify that the whole number of members of the City Council is five; that the foregoing resolution, being Resolution No. 97-097 was duly and regularly adopted by said Council at a regular meeting duly and regularly held on the 7th day of October, 1997, and that the same was passed and adopted by the following vote: AYES: COUNCIL MEMBERS: Mayor Fajardo, Olaes, O'Neal and Sweeney NOES: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Calas City Clerk, City of Carson, Calilbrnia