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HomeMy WebLinkAboutRDA Res 69-02 1969-01-20 . . ,-, . I I I <, RESOLUTION NUMBER 69-2 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH ADOPTING RULES GOVERNING PARTICIPATION BY OWNERS IN THE RIVERFRONT REDEVELOPMENT PROJECT. WHEREAS, Sections 33345 and 33339.5 of the California Community Redevelopment Law in the Health and Safety Code require that rules to implement participation by owners be adopted by the Agency prior to the Agency's adoption of the Redevelopment Plan. NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of Seal Beach: 1. The rules attached hereto governing participation in the Riverfront Redevelopment project by owners are hereby adopted. 2. The Executive Director-Secretary is hereby instructed to make those rules available for public inspection. PASSED, City of January APPROVED, AND ADOPTED by the Redevelopment Agencfi of Seal Beach at a meeting thereof held on the 20t day _ __, 1969, by the following vote: the of Ayes: Noes: Absent: Members Members Members Gummere, Hamilton. Dreis. Fuhrman None Anderson ~~ 'JC:-J~ Cl!, rman I 1 , ''-.:.." 1 : TIlE REDEVELOPMENT AGENCY OF 'me CITY m' SEAL BEACH, CALIFORNIA RULES GOVEIlNI~G O\fNF.R PARTICIPATION In Tha RIVERFRONT REDJo:Vi,LOl'X;;N1' PROJECT Section 1. GENERAL These rules are promulgated to implement the provisions of the Redevelopment Plan for the Riverfront Rcdevclopm~nt Project regarding partici- pation by miners in the project. These Rules set forth the procedures govern- ing such participation. The Agency desires and urges participation in the growth and development of the project area by as mony owners as possibl~. Such partici- pati.on opportunities shall be pruvided without competitio:t l~ith persons and firrr-s outside the project area. In addition to participation by individual persons and firms, and to the extent feasible, two or more persons, firms, or institutions are also permitted to participate by joining tOl\ether in pa!"tn..r- ships, corporations, or olher joint entities. Participation opportunities are necessarily subject to and limited by factors such as the following: 1. The elimination and relocation of SOllIe land uses. 2. The construction of new streets. 3. The ability of participants to finance the proposed development. 4. Change in orientation and character of the area. Property owners shall have first priority to participate in the ~amc location in compliance with the Redevelopment Plan and shall have first priority to purchase adjacent. land for immediate expansion. All other owne!"s partic~pating shall have equal priority. ,.- Conflicting de!lires among participants for particu~ar sites or land uses will be resolved by consideration of such factors as the length of time of mmership in the area; ahiHty to perform; and conformity of a particu~ar __ proposal with the intent and purpose of the Redevelopment Plan. Successors in interest of original participants may become partici- pants at any stage with the written approval of the Agency. Purchasers and tenants of houses or retail conunercial real property located within Areas 7 and 8 sho~m on ttle Redevelopment Plan Map, conunonly known as the Suburbia parcel. shall not he required to enter into any parti"i- pation agreement or obtain the approval of the I.gency, but shall automatically become participants in the project, provj,ded the present owner am! subdivider, Apollo Development Corporation shall have entered into an owner participation agreement with the Agency within a reasonable time after adoption .of the Redevelopment Plan and shall have recorded a declaration of restrictions " "" , " I I 1 ," " ." satisfactory to the Agency and binding upon all property within Areas 7 and 8. Section II. PARTICIPATION BY OWNERS OF REAL PROPERTY A. Participation in an existing l!>cation In appropriate circumstances an owner may participate in substant- ially the same location either by retaining all or portions of his property, or by retaining all or portions of his prope:-I:y and purchasing adjacent property from the Agency. Except for Areas 7 and 8 shown on the Plan 11ap, an owner who participates in the same location may be required to demolish all or part of his existing structures. Any adjacent property to be sold to owner participants will be made available at fair value for the uses to be developed. B. Participation in a different location In appropriate circumstances, the Agency will buy the land and improvements at fair market value from existing owners, and offer parcels of cleared land for purchase by participants prior to offering for sale to the general public. Property sold to participants will be made available at fair value for the uses to be developed. Section III. PROCEDURE FOR BECOMING PARTICIPANT A. Statement of interest' Every owner interested in becoming a participant must submit to the Agency a statement indicating such interest. The Agency may disregard Statements of Interest submitted after the end of the one hundred eighty (180) day'period immediately following the date of the publication of the ordinance of the City Council adopting the Redevelopment Plan. The Agency will notify each owner who submits a State;nent of Interest of the time within which he must submit his proposal for participation. B. Participation agreement . ~ Each owner desiring to participate will be required to enter into a participation agreement with the Agency. Each agreement will contain pro- visions necessary to insure that the participation proposal will be can'ied out, and that the subject property will be developed or used in accordanc(' with the conditions, restrictions, rules and regulations of the Redevelopment Plan and the agreement. Each agreement will require the participant to join in the recordation of such documents as the Agency may require in order to insure such development and use. Participation agreements will be effective only if approved by the Members of the Agency. - 2 - I':" ..- . I I . : Section IV. Al-lENmlENT OF mlNEIl PAK'flC~L!FLES The Agency may amc;:d Lhesc Rult"s at E:ny meetiug held after their adoption after notice to the owners. Such notice may be delivered personally or by lIIail to the address shOlm on the Statement' of Interest or in the participation agreement. It shall he delivered personally or posted by mail at least fourteen (14) days before the date of the meeting at whi.ch the proposed amendment will be conside~ed. . - - 3 ..