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HomeMy WebLinkAboutRDA Res 69-13 1969-12-22 :. ....' 1 I 1 J " RESOLUTION NO, 69-13 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH APPROVING PRECISE PLAN NO. PP-1-69 FOR A PORTION OF THE RIVERFRONT REDEVELOPMENT PROJECT, WHEREAS, the Agency has undertaken redevelopment activities pursuant to the California Community Redevelopment Law; and WHEREAS, the Agency has prepared a Redevelopment Plan for the proposed Riverfront Redevelopment Project; and ' WHEREAS, said Redevelopment Plan provides for the participation in the redevelopment of the Project area by the owners of property therein if the owners agree to redevelop their property in accordance with the Redevelopment Plan; and WHEREAS, the Dow Chemical Company, owners of property within the Riverfront Redevelopment Project area have executed a Participation Agreement with the Agency for redevelopment of property described in attached Exhibit "A", and have designated the R & B Development Company as their authorized agent in matters concerning the redevelopment of said property; and WHEREAS, a requirement of said participation agreement is the submission of construction plans in three stages; schematic, preliminary and final; and WHEREAS, R & B Development Company has submitted as Precise Plan Application No, PP-1-69 an extensive set of site development and architectural development plans; and WHEREAS, the Planning Commission of the City of Seal Beach has approved Precise Plan No, PP-1-69, with the finding that said plans are sufficient to be considered as meeting the requirements for both the schematic and preliminary construction plan stages, and have recommended approval by the Agency, subject to a number of findings and conditions, NOW, TfIEREFORE, BE IT RESOLVED: Section 1, Precise Plan PP-1-69 is hereby approved, Precise Plan No, PP-1-69 shall consist of map sheets numbered 1A and 1 through 12 and the following list of conditions and regulations: A. Those findings and conditions stated in Resolution No, 385 of the Planning Commission of the City of Seal Beach, Section 2, The following amendments in the "Owner's Participation Agree- ment" covering the land to be developed under PP-1-69: A, The requirement of undergrounding or removal of First Street utilities at no cost to the developer be eliminated from the agreement; B. The developer to dedicate ten feet (10') of property along the projected First Street extension and ten feet (10') of property along Pacific Coast Highway without cost to the City of Agency at or near the time of approval of working drawings; C, Provisions relating to the relocation of the city's sewage treatment plant are to be eliminated from the participating agreement; D, The developer and Agency and City to enter into an agreement for the life of the project whereby the adjacent property in the City of Long Beach is to be used exclusively as shown on the preliminary plan; I I . ~, .... ,., ..... Page 2 E, The provlslon of the participation agreement relating to the developer not being required to commence construction if First Street and the relocation of the sewage treatment plant were not financed be eliminated; F, The Participation Agreement provisions relatin9 to developer termination of agreement if financing not available be eliminated or modified to provide commencement of development within six (6) months of approval of working drawings; G, That the City/Agency is to proceed with acquisition of First Street right of way adjacent to development with all deliberate speed, to construct one-half of street as soon as possible after receipt of deeds to the property, City/Agency to use best efforts to secure remaining right of way and construct two lanes of street for balance of First Street to Marina Drive, City to request 'right of entry' and permission for construction road from Marina Drive to Coast Highway for use of developer, and City/Agency to have the option of constructing to either an ultimate 100' or 120' roadway and to have the option of constructing two lanes complete between Marina Drive and Coast Highway, or a full highway section adjacent to the proposed development; H, The acceptance of the 32 covered parking spaces as a permitted variance and minor modification of the Redevelopment Plan; I, The acceptance of the proposed 842 parking spaces, plus 37 tandem spaces, plus parking facilities for boats, trailers, and motorcycles as meeting the Redevelopment Plan provisions for off-street parking of tenants and guests; J, The acceptance of the size of parking spaces proposed, 630 spaces at ~' x 20' and 212 spaces at 7-3/4' x 20', was a minor modification and variance to the Redevelopment Plan and was accepted and approved; K, That Sheet 1B of the proposed plan as adopted and approved as Precise Plan PP-1-69 be added and approved with said plan, Section 3, All maps, plans, applications and reports stated above are made a part hereof and are incorporated herein with the same force and effect as though set forth in full herein, PASSED, APPROVED AND ADOPTED by the Pedevelopment Agency of the City of Seal Beach at a meeti ng thereof held on the 12 2nd day of December , 196 9 , by the following vote: -- - AYES: NOES: ABSENT: Dreis, Gummere, Hamilton Anderson, Fuhrman None 'Je' 1..-~ Cha rman 1 G' ,