Resolution Number CRA 97-4-15-1269
RESOLUTION NO. CRA 97-4-15-1
A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY, MAKING HEALTH AND SAFETY
CODE SECTION 33433 FINDINGS REGARDING THE DISPOSITION
OF CERTAIN AGENCY -OWNED LANDS (ELEMENTARY SCHOOL
SITE 664640007 ADJACENT TO SPORTS PARK AND, SERRA HIGH
SCHOOL)
WHEREAS, the San Juan Capistrano Community Redevelopment Agency
("Agency") and the City of San Juan Capistrano ("City") have proposed entering into a "Second
Amended and Restated Agreement for Cooperation" providing for the disposition of two certain
parcels of land owned by Agency and City; and,
WHEREAS, the two parcels of land are more particularly identified as: (a) a 7 -acre
parcel more commonly referred to as Elementary School 664640007 Parcel ("the 664640007'),
located adjacent to the San Juan Capistrano Sports Park; and, (b) a 4.69 -acre parcel more commonly
referred to as the Serra High School site at 31422 Camino Capistrano; and,
WHEREAS, the Agency Executive Director has prepared a report pursuant to Health
and Safety Code Section 33433, dated March 27, 1997, outlining the elements of the disposition
transaction; and,
WHEREAS, the City and Agency have entered into a cooperation agreement
providing that City will quitclaim its 4/5 undivided interest in the 7 -acre parcel to 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:
SECTION 1. Fin in .
The Agency hereby finds that the 7 -acre parcel shall be sold at fair market value
pursuant to a certified appraisal pursuant to the terms of the Second Amended and Restated
Agreement for Cooperation. Agency has obtained its own appraisal establishing a value of $2.5
million. However, under the terms of the Second Amended and Restated Agreement for
Cooperation, the final purchase price shall be established by the State of California Office of Public
School Construction (the "State") final approval of a certified appraisal report for this property.
Accordingly, the parties have established a purchase price of $2.4 million subject to final approval by
the State. The $2.4 million can, however, vary by a deviation of 10%, which said deviation shall be
determined by the final approval appraisal report approved by the State. Therefore, the Agency
concludes that this disposition of property is not for less than fair market value for the property.
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With regard to the 4.69 -acre parcel, the Executive Director's report makes clear that
the transfer of title by the Agency to the District is for the purpose of causing the release of a number
of obligations imposed upon the Agency by the first amended agreement between District and
Agency. Therefore, it is the Agency's finding that this disposition is necessary to effectuate the
purposes of the Agency's redevelopment plan in that release of the subject obligations as identified
at pp. 1-3 of the Seconded Amended Agreement will enable the Agency to concentrate its resources
on other projects identified in its redevelopment plan.
SECTION 2. Incorporation by Reference.
The Executive Director's March 27, 2997 report is incorporated herein by reference
and made a part hereof and is to be filed with the City Clerk's office.
PASSED, APPROVED, AND ADOPTED this 15th day of
April 11997.
ATTEST:
AW
FIX Cal LNWJ UN'
WYATT ART, CH
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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 97-4-15-1 adopted by the San Juan Capistrano Community
Redevelopment Agency Board of Directors at a regular meeting thereof held on the 15th day
of April 1997, by the following vote:
AYES: Directors Jones, Greiner, Swerdlin, Campbell
and Chairman Hart
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
i
CFIERYL JONNSON, AGENCY SECRETARY
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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 17th day of April
1997, I caused to be posted:
RESOLUTION NO. CRA 97-4-15-1 , being
DISPOSITION OF TWO AGENCY -OWNED SCHOOL SITES
A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY, MAKING HEALTH AND SAFETY
CODE SECTION 33433 FINDINGS REGARDING THE DISPOSITION
OF CERTAIN AGENCY -OWNED LANDS (ELEMENTARY SCHOOL
SITE 664640007 ADJACENT TO SPORTS PARK AND, SERRA HIGH
SCHOOL)
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 9�2-�-/ -/
Chairman has signed
/ Secretary has signed
Agency Seal stamped -
i All blanks typed in
7` "Absent" GG—
"Noes"
"Abstain"
Copies sent to post 3_
file /_0 .40
mail L— certified
oc
Legal Publication ordered to be published
(date)
No. Printed copies required Co
Remarks
NO
Cheryl Jo"on,gency Secretary
San Juan Capistrano Community
Redevelopment Agency
San Juan Capistrano, California