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Resolution Number CRA 94-7-5-1123 RESOLUTION NO. CRA 94-7-5-1 A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, APPROVING A SECOND AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT AND PROMISSORY NOTE WITH THE PRICE COMPANY WHEREAS, the San Juan Capistrano Community Redevelopment Agency (the "Agency") is engaged in activities necessary to carry out and implement the Redevelopment Plan for the San Juan Capistrano Central Redevelopment Project Area; and. WHEREAS, in order to carry out and implement such Redevelopment Plan, the Agency proposed to enter into the Second Amendment to the Disposition and Development Agreement (DDA) and Promissory Note with the Price Company and where the Participant has submitted to the Agency copies of the said proposed Agreement in the form desired by the Participant; and, WHEREAS, pursuant to the California Community Redevelopment law, California Health and Safety Code Section 33000 et seq, the Agency and this Board of Directors held a joint public hearing on the Agreement having duly published notice of such public hearing and made copies of the proposed Agreement available for public inspection and comment; and, WHEREAS, the Agency has duly considered all terms and petitions of the proposed Agreement and believes that the Agreement is in the best interest of the City of San Juan Capistrano and the health, safety and welfare of its residents, and in accord with public purposes and provisions of the applicable state and local law and requirements. WHEREAS, the proposed Second Amendment was determined by the Planning Director to be Categorically Exempt pursuant to California Environmental Quality Act Guidelines (CEQA), Class 5. NOW, THEREFORE, BE IT RESOLVED, did the San Juan Capistrano Community Redevelopment Agency Board of Directors, City of San Juan Capistrano, California, does as follows: 1. The Agency has received and heard all oral and written objections to the proposed Agreement and to other matters that pertain to this transaction, and that all such oral and written objections are hereby overruled. 2. The Agency hereby finds and determines that the proposed Second Amendment to the Disposition and Development Agreement and Promissory Note are a benefit to the Project Area and are meeting the goals of the Redevelopment Plan. 3. The Amendment to the original Disposition and Development Agreement is hereby approved. 4. The proposed project has been reviewed pursuant to the provisions of the California Environmental Quality Act. Based on the review, the Planning Director has determined the project consists of a minor modification to land use limitations which qualifies as a Class 5, Categorical Exemption. Therefore, a Notice of Exemption has been issued and posted per City Environmental Review Guidelines. 5. The Chairperson of the Agency is hereby authorized to execute the Agreement on behalf of the Agency. A copy of the Agreement, when executed by the Agency, shall be placed on file in the Office of the Secretary of the Agency. 6. The Executive Director of the Agency (or his designee) is hereby authorized, on behalf of the Agency, to sign all documents necessary and appropriate to carry out and implement the 124 Agreement and to administer the Agency's obligations, responsibilities, and duties to be performed under the Agreement, and related documents. PASSED, APPROVED, AND ADOPTED this 5th day of 1994. ATTEST: CAROLYN NAStY, CHAIRMAN -2- STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) 12S 1, CHERYL JOHNSON, Agency Secretary of the San Juan Capistrano Community ' Redevelopment Agency. DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. CRA 94-7-5-1 adopted by the San Juan Capistrano Community Redevelopment Agency Board of Directors at a regular meeting thereof held on the 5th day of July . 1994, by the to Bowing vote: AYES: Directors Jones, Campbell and Chairman Nash NOES: Director Vasquez ABSTAIN: None ABSENT: Director Hausdorfer (SEAL) CHERYL JOHN&bNAGENCYSECRETA�tY -3- 126 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss AFFIDAVIT OF POSTING CITY OF SAN JUAN CAPISTRANO ) 1, CHERYL JOHNSON, declare as follows: That I am the duly appointed and qualified Secretary of the San Juan Capistrano Community Redevelopment Agency; That in compliance with State laws of the State of California and in further compliance with CRA Resolution No. CRA 83-12-20-1 and on the 8th day of July . 1994, I caused to be posted: RESOLUTIONNO.CRA 94-7-5-1 ,being /_�79:7ri'il`Ce�Y t �I : ul ►11]u'1�1►1f � I ' � M � : ►ll t � ' UI ►YJ MAM111,81,13117111V MUMS= A RESOLUTION OF THE SAN JUAN CAPISTRANO COM RJMTY REDEVELOPMENT AGENCY, APPROVING A SECOND AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT AND PROMISSORY NOTE WITH THE PRICE COMPANY in three (3) public places in the City of San Juan Capistrano, to wit: City Hall; Old Fire Station Recreation Complex; Orange County Public Library. CHECK LIST RES. NO. CRA / Chairman has signed Secretary has signed —� Agency Seal stamped —� All blanks ty, "Absent" "Noes" "Abstain" Copies sent to Legal Publication ordered to be published (date) No. Printed copies required Remarks 001 Cheryl JohnsoiiVAgSecretary San Juan Capistrano Community Redevelopment Agency San Juan Capistrano, California