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Resolution Number CRA 92-10-6-2350 RESOLUTION NO. CRA 92-10-6-2 A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, APPROVING THE CANCELLATION OF THE DISPOSITION AND DEVELOPMENT AGREEMENT FOR CERTAIN PROPERTY WITHIN THE SAN JUAN CAPISTRANO CENTRAL REDEVELOPMENT PROJECT AREA TO RALPH A. FURRA 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, the Agency entered into a Disposition and Development Agreement (the "Agreement"), with Ralph A. Furra (the "Developer") for the sale of the premises (the "Premises") in the San Juan Capistrano Central Redevelopment Project Area, described in the Agreement as approximately 17,133 square feet commonly known as the Swallows Inn and Paisley Penguin with a mailing address of 31782-31786 Camino Capistrano; and, WHEREAS, the Developer was unable to purchase the Swallows Inn business and name as a precedent to closing and has submitted to the Agency a written request to have the Disposition and Development Agreement cancelled. NOW, THEREFORE, BE IT RESOLVED, by the San Juan Capistrano Community Redevelopment Agency, City of San Juan Capistrano, California, as follows: 1. The Disposition and Development Agreement with Ralph A. Furra is hereby cancelled. 2. The Executive Director of the Agency (or his designee) is hereby authorized on behalf of the Agency, to administer the Agency's obligations, responsibilities and duties to be performed to cancel the agreement. PASSED, APPROVED, AND ADOPTED this 6th day Of Ortn1inr , 1992. ATTEST: C� u�d:2 - AGENCY SE R ARY 4L KENNETH E. FRIESS, CHAIRMAN -1- STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) 1, CHERYL JOHNSON, 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 92-10-6-2 adopted by the Board of Directors of the San Juan Capistrano Community Redevelopment Agency, at a regular meeting thereof held on the 6th day of October , 1992, by the following vote: AYES: Directors Hausdorfer, Jones, Harris, Vasquez, and Chairman Friess NOES: None ABSTAIN: None ABSENT: None (SEAL) 111 O CHERYL JOHNSOM, AGENCYSECRETAR -2- 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 City Resolution No. CRA 83-12-20-1 and on the 9th day of October , 1992, I caused to be posted: RESOLUTION NO. CRA 92-10-6-2 , being: APPROVING CANCELLATION OF DISPOSITION AND DEVELOPMENT A REEMENT FOR THE SALE OF PROPERTY LOCATED AT 31782-31786 CAMINO CAPISTRANO TO RALPH A. FURRA A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, APPROVING THE CANCELLATION OF THE DISPOSITION AND DEVELOPMENT AGREEMENT FOR CERTAIN PROPERTY WITHIN THE SAN JUAN CAPISTRANO CENTRAL REDEVELOPMENT PROJECT AREA TO RALPH A. FURRA 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. I declare under penalty of perjury that the foregoing is true and correct. Cheryl Johnson,getzty Secretary San Juan Capistrano Community Redevelopment Agency