Resolution Number CRA 94-9-6-1139
RESOLUTIONNO. CRA 94-9-6-1
A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY, APPROVING A SECOND AMENDMENT TO AN
OWNER PARTICIPATION AGREEMENT WITH FRANCISCAN PLAZA
INVESTMENT GROUP (FARBER)
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 and implement such Redevelopment Plan the
Agency proposes to enter into the Second Amendment (the "Amendment") to the Owner
Participation Agreement (the "Agreement") with Franciscan Plaza Investment Group (the
"Participant") to adjust the payment schedule of Additional Supplemental Rent; and,
WHEREAS, the Participant has submitted to the Agency copies of said proposed
Amendment in a 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 the City Council held a joint public
hearing on the Amendment, having duly published notice of such public hearing and made copies
of the proposed Amendment available for public inspection and comment; and,
WHEREAS, the Amendment provides for a schedule of payments regarding public
access to a parking structure which benefits the project area and is essential to allow development
according to the Redevelopment Plan, and the parking structure would not have been feasible
without the financial participation by the Agency.
NOW, THEREFORE, BE IT RESOLVED, by the San Juan Capistrano
Community Redevelopment Agency Board of Directors, City of San Juan Capistrano, California,
as follows:
1. The Agency has received and heard all oral and written objections to the
proposed Agreements and to other matters pertaining to this transaction, and
that all such oral and written objections are hereby overruled.
2. The Agency hereby finds and determines that the public and common
improvements to be financed in part by the Agency are a benefit to the
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Project Area and are essential to its development according to the
Redevelopment Plan and that the costs to provide said improvements would
be infeasible without the contribution by the Agency.
3. The Chairman of the Agency is hereby authorized to execute the Agreement
on behalf of the Agency. —
4. 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 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 6th day of
September 1994.
ATTEST:
A -�
AGtNCYSECRETARY
CAROLYN NAM, CHAIRMAN
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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 94-9-6-1 adopted by the San Juan Capistrano Community
Redevelopment Agency Board of Directors at a regular meeting thereof held on the 6th day
of September 1994, by the following vote:
AYES: Directors Jones, Hausdorfer, Campbell, Vasquez and
Chairman Nash
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
CERYL JOHNSON, AGENCY SEC T
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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 13th day of
September , 1994, I caused to be posted:
RESOLUTION NO. CRA 94-9-6-1 , being
A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY, APPROVING A SECOND AMENDMENT TO AN
OWNER PARTICIPATION AGREEMENT WITH FRANCISCAN PLAZA
INVESTMENT GROUP (FARBER)
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.
CHECKLIST
RES. NO. CRA -9'V-'96—
Chairman has signed
_ Secretary has signed
Agency Seal stamped
All blanks typed in
"Absent"
"Noes"
"Abstain"
Copies sent to post j _
file ( 00•�D
mail certified
Legal Publication ordered to be published
(date)
No. Printed copies required
Remarks
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Cheryl Johnson, g cy Secretary
San Juan Capistrano Community
Redevelopment Agency
San Juan Capistrano, California