Resolution Number 87-1-20-4RESOLUTION NO.
BENEFIT OF
87-1-20-4
IMPROVEMENTS
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN
JUAN CAPISTRANO, CALIFORNIA, DETERMINING THAT THE
CONSTRUCTION OF CERTAIN PUBLIC IMPROVEMENTS ON OR
ADJACENT TO THE SITE IS OF BENEFIT TO THE CENTRAL
REDEVELOPMENT PROJECT AREA AND THE IMMEDIATE
NEIGHBORHOOD IN WHICH THE PROJECT IS LOCATED; AND,
DETERMINING THAT THERE ARE NO OTHER REASONABLE
MEANS OF FINANCING SAID PUBLIC IMPROVEMENTS (PRICE
CLUB DEVELOPMENT AGREEMENT)
161
WHEREAS, the San Juan Capistrano Redevelopment Agency ("Agency") is
authorized to carry out the redevelopment of the Central Redevelopment Project Area
("Project Area"); and,
WHEREAS, the Redevelopment Plan for the Project Area authorizes and
directs the Agency to pay all or part of the value of the acquisition and construction of
certain public improvements which are enumerated in materials referenced in the
Redevelopment Plan and which include street improvements; and,
WHEREAS, pursuant to the Development Agreement, the Agency is required to
provide financial support toward the construction of those certain public improvements
including street improvements, referenced in the Development Agreement, particularly
the "Scope of Development" (Attachment No. 5 thereto) (the "Public Improvements");
and,
WHEREAS, the subject development site and the immediately adjacent area is
deficient in respect to infrastructure to such an extent that it is not financially feasible
for the necessary Public Improvements to be provided (i) by private enterprise acting
alone or (ii) by means of assessment district without direct Agency contribution toward
the efforts of such a district, and without the direct financial participation of the
Agency, there are insufficient resources available for the Public Improvements; and,
WHEREAS, California Health and Safety Code Section 33445 provides that a
redevelopment agency may, with the consent of the legislative body, pay all or part of
the value of public buildings, facilities, structures or other improvements upon a finding
that such public improvements are of benefit to the project area or the immediate
neighborhood in which the project is located and that there are no other reasonable
means of financing such public improvements available to the community.
NOW, THEREFORE, the City Council of the City of San Juan Capistrano does
hereby resolve as follows:
SECTION 1.
The City Council hereby determines that the acquisition, construction and
installation of the Public Improvements, including street improvements, is of benefit to
the Project Area and the surrounding neighborhood in which the project is located.
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162 SECTION 2.
The City Council hereby determines that it is appropriate to construct and
install or cause the construction and installation of the Public Improvements and that
there are no other reasonable means of financing the Public Improvements.
SECTION 3.
The City Council consents to the provision of assistance by the Agency for the
development of the Public Improvements.
PASSED, APPROVED, AND ADOPTED this 20th day
of January ,1987.
KENNETH E. FRIESS, MAYOR
ATTEST:
CITY CLER
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, MARY ANN HANOVER, City Clerk of the City of San Juan Capistrano,
California, DO HEREBY CERTIFY that the foregoing is a true and correct copy of
Resolution No. 87-1-20-4 adopted by the City Council of the City of San Juan
Capistrano, California, at a regular meeting thereof held on the 20th day
of January , 1987, by the following vote:
AYES: Councilmen Schwartze, Bland, Buchheim, Hausdorfer,
and Mayor Friess
NOES: None
ABSENT: None
(SEAL) d22 e,
MARY ANN 1 -{"OVER, CITY CLERK
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