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Resolution Number CRA 95-1-3-1165 RESOLUTION NO. CRA 95-1-3-1 APPROVING FURST AMENDMENT TO THE LEASE AGREEMENT FOR THE CAPISTRANO DEPOT LOCATED AT 26701 VERDUGO STREETAND CONSENTING TO ASSIGNMENT TO LEASE TO RANCHO CAPISTRANO LIMITED PARTNERSHIP A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, APPROVING THE FIRST AMENDMENT TO THE LEASE OF CERTAIN PROPERTY WITH THE SAN JUAN CAPISTRANO CENTRAL REDEVELOPMENT PROJECT AREA AND CONSENTING TO ASSIGNMENT OF LEASE TO RANCHO CAPISTRANO LIMITED PARTNERSHIP (CAPISTRANO DEPOT) WHEREAS, The Community Redevelopment Agency of the City of San Juan Capistrano (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 such Redevelopment Plan, the Agency property will enter into the First Amendment to the Lease Agreement (the "Agreement"), made a part hereof by reference, with Rancho Capistrano Limited Partnership (the "Lessor") for the lease of the premises (the 'Premises") in the San Juan Central Project Area, described in the Agreement as encompassing approximately a 12,000 -square -foot building commonly known as the Capistrano Depot, located at 26701 Verdugo Street, San Juan Capistrano; and, WHEREAS, pursuant to the California Redevelopment Law (California Health and Safety Code Section 33000 et seq). The Agency and the City Council held ajoint public hearing on the terms of the First Amendment of the Lease Agreement, and have duly published a 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 conditions of the proposed Agreement and believes that the First Amendment to the Lease 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 the public purposes and provisions of applicable State and local law and requirements; and, NOW, THEREFORE, BE IT RESOLVED, that the San Juan Capistrano Community Redevelopment Agency Board of Directors, City of San Juan Capistrano, California, do as follows; 1. The Agency has received and heard all oral and written testimony and objections to the proposed First Amendment to the Lease Agreement and to other matters pertaining to this transaction, and that such oral and written testimony is duly noted and objections are hereby overruled. -1- 166 2. The Agency hereby finds and determines that the First Amendment to the Lease Agreement is consistent with the "San Juan Capistrano Community Redevelopment Agency Implementation Plan and Housing Set-aside Fund Strategy 1994-1999" adopted pursuant to Section 33490 of the California Redevelopment Law on November 15, 1994. 3. The terms and conditions of the First Amendment to the Lease Agreement are at fair market value and represent to the highest and best use for the premises in accordance with the Redevelopment Plan. 4. The First Amendment to the Lease Agreement, which established the terms and conditions, of the new lease arrangement, is hereby approved, and the Agency consents to the assignment of the Lease on these terms to Rancho Capistrano Limited Partnership. 5. The Chairman of the Agency is hereby authorized to execute the First Amendment on behalf of the Agency. A copy of the executed First Amendment to the Lease Agreement, shall be placed on file with the Agency Secretary. PASSED, APPROVED, AND ADOPTED this January ,1995. ATTEST: !11 MAI AGENCY *.ETARY i 6�2z�e>� DAVID SWERDLIN, CHAIRMAN -2- 3rd day of 167 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) I, 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 95-1-3-1 adopted by the San Juan Capistrano Community Redevelopment Agency Board of Directors at a regular meeting thereof held on the 3rd day Of January , 1995, by the following vote: AYES: Directors Nash, Campbell and Chairman Swerdlin NOES: Director Hart ABSTAIN: Director Jones ABSENT: None (SEAL) CHERYL JOHVONGENCYSEC T Y 9911 168 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss AFFIDAVIT OF POSTING CITY OF SAN JUAN CAPISTRANO ) I, 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 5th day of January 1995, I caused to be posted: RESOLUTION NO. CRA 95-1-3-1 , being :1 l 1-. It 80 Did I DOOMEl".L_ 1L loll) 1 1 '11 A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, APPROVING THE FIRST AMENDMENT TO THE LEASE OF CERTAIN PROPERTY WITH THE SAN JUAN CAPISTRANO CENTRAL REDEVELOPMENT PROJECT AREA AND CONSENTING TO ASSIGNMENT OF LEASE TO RANCHO CAPISTRANO LIMITED PARTNERSHIP (CAPISTRANO DEPOT) 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%S-/ --5 / /_ Chairman has signed �7` Secretary has signed Agency Seal stamped All blanks typ "Absent" edin "Noes" 26 rf "Abstain" C _ Copies sent to post file M8 2 certified Legal Publication ordered to be published (da te) No. Printed copies require—d=7- Remarks equired Remarks (fI Cheryl Johnso , AgeiI6y Secretary San Juan Capistrano Community Redevelopment Agency San Juan Capistrano, California