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HomeMy WebLinkAboutPCDC Resolution 88-13 09/19/1988 . PETO0004-7/0311P/sm 09/12/88 0425 RESOLUTION NO. 88-13 RESOLUTION OF THE PETALUMA COMMUNITY DEVELOPMENT COMMISSION APPROVING A CERTAIN DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE COMMISSION AND BENSON INVESTMENTS, INC., A CALIFORNIA CORPORATION, AND ADOPTING A MITIGATED NEGATIVE DECLARATION PERTINENT THERETO (PETALUMA COMMUNITY DEVELOPMENT PROJECT AREA) WHEREAS, the Redevelopment Plan for the Petaluma Community Development Project (the "Redevelopment .Plan") was approved and adopted by the City Council of the City of Petaluma (the "City Council") by Ordinance No. 1725 N.C.S., dated July 18, 1988; and WHEREAS, the Redevelopment Plan provides for the redevelopment of real property pursuant to the Redevelopment Plan by owners thereof or by .parties seeking to acquire real property from the Petaluma Community Development Commission (the "Commission"); and WHEREAS, Section 33391 of the Community Redevelopment Law (Part 1 of Division 24 (commencing with Section 33000) of the Health and Safety Code of the State of California) (the "Act") provides that a redevelopment agency may acquire any real or personal property within a redevelopment project area or for the purposes of redevelopment and Section 33430 of the Act provides that a redevelopment agency may dispose of any real or personal property within a redevelopment project area or for the purposes of redevelopment; and WHEREAS, the Petaluma Community Development Commission (the "Commission") and Benson Investments, Inc., a California corporation (the "Redeveloper") desire to enter into a certain Disposition and Development Agreement (the "Agreement"), a copy of which is on file with the Commission Secretary and is incorporated herein by reference, pursuant to which, among other matters, the Redeveloper would acquire from the Commission a portion of the Benson Site which is described in Exhibit "A" attached hereto and incorporated herein by this reference and which is further defined in the Agreement as' the "Disposition Parcel." The Benson Site is located within the area subject to the Redevelopment Plan (the "Project Area"). The acquisition would be for purposes of the redevelopment thereof, as described in the Agreement, including construction by the Redeveloper on the Benson Site, which consists of approximately seven hundred twenty-three thousand ninety-six (723,096) square feet (subject to changes caused by a later survey), of building, parking, and landscaping area for the development of a commercial retail automobile center (the "Project"); and Page 1 of 4 PCDC 8$-13 WHEREAS, the Commission Staff has prepared. and made available for public inspection a certain Summary Report (the "Summary") concerning the proposed Agreement, as required by Health and Safety Code Section 3.3433, a copy of which is on file with the Commission Secretary and is incorporated herein by reference; and WHEREAS, the Commission and the City Council duly considered, certified and adopted an Environmental Impact Report (the "EIR") at the time of the approval of the Redevelopment Plan, and the redevelopment of the Benson Site as described in the proposed Agreement is within the scope of the Redevelopment Plan and the EIR, both of which adequately describe the proposed redevelopment of the Benson Site as set forth in the proposed Agreement; and WHEREAS, staff for the City of Petaluma and the Agency (collectively, "Staff") have prepared an Initial Study of the Project as set forth in the Agreement and based upon the Initial Study, Staff have prepared a Mitigated Negative Declaration (the "Negative Declaration") regarding the Project, a copy of which is attached hereto as Exhibit "H" and is incorporated herein by reference, in accordance with the requirements of the California Environmental Quality Act, Public Resources Code Section 21000, ~ sec. ("CEQA"); and WHEREAS, the City Council has duly noticed and conducted a public hearing in accordance with the requirements of Health and Safety Code Section 33433 concerning the proposed sale of the Disposition Parcel by the Commission to the Redeveloper pursuant to the proposed Agreement, and concerning the proposed adoption of the Negative Declaration in accordance with the requirements of ("CEQA"); and WHEREAS, the Commission has duly noticed and conducted a public hearing in accordance with the requirements of Health and Safety Code Section 33431 concerning the proposed sale of the Disposition Parcel by the Commission to the Redeveloper pursuant to the proposed Agreement, and concerning the proposed adoption of the Negative Declaration in accordance with the requirements of CEQA; and WHEREAS, based upon evidence and testimony submitted to the Commission, it is reasonable and appropriate for the Commission to approve the proposed Agreement. NOW, THEREFORE, BE IT RESOLVED, BY THE PETALUMA COMMUNITY DEVELOPMENT COMMLSSION AS FOLLOWS: Section 1. The Commission hereby finds and determines that the EIR pertaining to the Redevelopment Plan was properly and lawfully certified and adopted by the Commission and the City Council at the time of the adoption of the Redevelopment Plan. The Commission further finds and determines that the development of the Benson Site as described in the, proposed Agreement is within the scope, terms and provisions of the Redevelopment Plan and the EIR, and the EIR adequately describes the proposed development of the Benson Site for purposes of compliance with CEQA. The Commission further finds that no new effects could occur and no new mitigation measures would be Page 2 of 4 PCDC $8-13 required for the proposed redevelopment of the Benson Site as described in the Agreement separate from those effects and mitigation measures set forth in the EIR, and that there are no substantial changes which have occurred since the certification of the EIR with respect to the circumstances under which the proposed redevelopment of the Benson Site is to be undertaken. The Commission further finds and determines that no new information of substantial importance with respect to the proposed redevelopment of the Benson Site has become available since the certification of the EIR. The Commission has duly considered the EIR for purposes of its consideration of the proposed Agreement, in accordance with the requirements of CEQA. Section 2. The Commission hereby further finds and determines that the Project as set forth in the Agreement will not have a significant effect upon the environment, and the Commission hereby approves and adopts the Negative Declaration, a copy of which is set forth in Exhibit "B." Section 3. The Commission hereby accepts and approves the Summary. Section 4. The Commission hereby finds and determines that the consideration to be paid by the Redeveloper to the Commission for the conveyance of the Disposition Parcel pursuant to the Agreement is not less than the fair market value of the Disposition Parcel. However, in accordance with the terms and provisions of the Agreement, the Commission will be required to make certain future payments to the Redeveloper. To the extent that the sale of the Disposition Parcel by the Commission to the Redeveloper pursuant to the proposed Agreement may be deemed to be .for less than the fair market value thereof, the Commission hereby finds and determines that the conveyance of the Disposition Parcel for less than fair market value is reasonable and necessary to effectuate the purposes of the Redevelopment Plan, in that the conveyance for less than the fair market value will permit the Redeveloper to acquire the Disposition Parcel for redevelopment and in order to eliminate blight, to create employment opportunities, to increase the value of real property in the Project Area and to cause the City and the Commission to receive additional tax revenues as a result of redevelopment. Absent the conveyance of the Disposition Parcel for less than fair market value, the Redeveloper would likely not proceed with the purchase and redevelopment of the Disposition Parcel due to the resulting inability of the Redeveloper to obtain a reasonable economic return on its investment therein. Section 5. The Commission hereby approves the proposed Agreement and the conveyance of the City Council's interest in the Benson Site by the City Council to the Redeveloper. The Commission hereby authorizes and directs the Chairman and Secretary of the Commission to execute the Agreement on behalf of the Commission, together with any and all non-substantive changes therein as may be approved by the Chairman and Commission Counsel. The Commission further authorizes and directs the Chairman and Secretary of the Commission, and any and all other officers and employees of the Commission, to execute any and all documents and take any and all actions described in or contemplated by the approval of the Agreement. Page 3 of 4 PCDC 88-13 a' ~ ~ Section 6. Effective Date. This Resolution shall take effect upon adoption. PASSED AND ADOPTED at a regular meeting of the Petaluma Community Development Commission held on September 19 1988, by the following vote: Commissioner AYE NO ABSENT Woolsey x Sobel g Tencer g Cavanagh z Balshaw g Vice Chair Davis g Chairman Hilligoss g, Michael Davis, Bice Chairman ATTEST: P.E. B nard, Recording Secretary PETO0004-7/0311P Page 4 of 4 PCDC 88-13 y p „ . ~s Leg~a Description of Disposition Parcel, ;real. property situated i'n the City o~f Petaluma, • All that described as follows, less Co;urity of Sonoma, Stats of Cal;forn ~operty -whic'h is necessary for that port°ion of" the ,below-de cribed P delineated i;n the construction of that certain public rights-of-way lemen~`e" and that portion of Lot 46 'the Aq'reement as "Auto :Center Driv Gatt 's. Restaurant" and reasonable p~reserttly occu"pled by par-'k;ng for same: - LOT 4;3 (A.P. No. 007-412-43"). ion of fhe lands conveyed to McKellar, Benson, et al by Deed A port filed in D~~cument No. 85' 42894described1 asafo 11ows as ~ Sonoma County Records, an3 more particularly NING at the most northerly corner o:f said lands, on the BEGIN" TO1;. thence southeasterly along southwesterly line .of US Highway id line on a curve to the. right, rad,ua ce traTf angle hof e0;0,en48r sa 6; bears South 44° 39' 0`3'• East, throng 24" an are length of 140.39 feet to , a set 1/,2" iron piPeo nt E on 2t'he thence .S:outh 36° 24' 3.2"la ds; thence along" said bon dart' North westerly boundary of said 9' 49~, 22" Eas"t 311.OA feet to the point of beginning. LOT 46 (A.P. No. 007-4.12-4'6`) ,or'tion of Lot 311 of the. Petaluma RancFio, according to the Being a .P August 12 , 1871, filed on February 3 , Map made by the Rowe Brothers, 1872 in Book 21 of Maps, Page 1, Recorder's Office, Sonoma County. at a point forming the intersection of the northeasterly Beginri:;ng of way lime of t:he Petaluma and Santa Sta~teRHghway, Roudte.tle right line of the Cal'i.forni easterly r°gh of way ° 3' East, f`roR So,noina County, ~Sectio_n C, which point is 'North 80 and which point Engineer"s Station 649+4.9.3er1 :f corner t" fe. he h27y35 acre tract of is a so the most sou~t~hwest Y Scott, thence from land de'scri.bed in theconveyance Se ~ a1 No. aCa8231na dated December 5, 1945', Grantees, and running along the said northeast right •sa~id point of beginning, Dint:, of way of the Petaluma and Santa Ross ~ REast o649 .4a eeth to saupherly line o:f sapid Scott Tr.~act, South 53 5 corner West 150 feet from t_he soa.theaisterly line, that" is North 53° 55' said railway right of WaY of said Scott: Tract; thence leaving 28, East 60.0 feet.; line of Scott Tract, North 9° and southerly West 649.4 feet to a point. that is South 9° thence No,;r-th 53° 55'' corner of said Scott 28~ We t '6,55.5 feet from the northwester~.y corner of the 2,4.52 acre parcel Tract;, 'a`nd the southwe5`ter ly A - 1 ' of land described in the conveyance ree.orded September 28, 194;8, Official Records,, 706-/231, Elmer H, a_nd Theo. S. Joerge~r,. Gra°ntees and which point is on he easterly r-igh°t of way lime of said State Highway, and the we terly line of sad.~Scott Tract; thence running along said line, Sou. h 9° 2'8' West 600 feet to the point of_ beginning, being, an 8 acre piarallelo9:ra'm in the southwesterly portion of the said Scott Tract, described in the conveyance, C-82.31, referred to above. i EXCEPTI:NG~ THEREFROM that 0.'86q of a~n acne conveyed to the State of Califo,rn,ia, €or freeway purpo,se;s, 6y Deed da°ted January 14,, 19:54 and recorded Ma.reh 18, 1"9"54 in Book 1261 of Of'fic:ial Records, Page 559, Sonoma County Records:. ALSO EXCEPTING THEREFROM'`that portion described in Modification of Lease redorded January 18, 1.966 under Record`e;r~'s Serial No. J-79901, Sonoma Coumty Records. ALSO EXCEPTING TH"EREFROM that portion described in Document. Nos. 86-0'05570 and 8.5-00557'1, Sonoma" County Records. PE.TO0 0 0.4 - 7%"0`31-IP A - 2