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HomeMy WebLinkAboutRES CC 2005 2426 2005 1221RESOLUTION NO. 2005 -2426 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, APPROVING THE SALE OF PROPERTY OWNED BY THE MOORPARK REDEVELOPMENT AGENCY TO THE MOORPARK GROUP, LLC WHEREAS, the City Council of the City of Moorpark, adopted the Redevelopment Plan for the Moorpark Redevelopment Project on July 5, 1989, by Ordinance No. 110, in accordance with the California Community Redevelopment Law (Health and Safety Code Section 33000 et seq.); and WHEREAS, the Moorpark Redevelopment Agency ( "Agency ") purchased the property at 467 High Street ( "Property ") with tax increment funds; and WHEREAS, California Community Redevelopment Law ( "CCRL ") Section 33433 requires that the City Council approve, by resolution and after a public hearing, any Agency sale or lease of property which was acquired with tax increment funds; and WHEREAS, notice was published in the Ventura Star once a week for two weeks prior to the public hearing; and WHEREAS, on December 21, 2005, the City Council conducted a public hearing to take public comment on the proposed sale of Agency owned property; and WHEREAS, the proposed sale will assist with the elimination of blight in the Moorpark Redevelopment Project Area; and WHEREAS, the proposed sale is consistent with the adopted 2005 -2009 Implementation Plan for the Moorpark Redevelopment Project pursuant to Section 33490 of the CCRL; and WHEREAS, the Property has been appraised and the fair market value, at its highest and best use in accordance with the Moorpark Redevelopment Plan, has been established; and WHEREAS, on December 21, 2005, the City Council reviewed the proposed sale and determined that it is consistent with Section 33433 of the CCRL. Resolution No. 2005 -2426 Page 2 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The proposed sale of Agency owned property to the Moorpark Group, LLC is consistent with Section 33433 of the CCRL and the following findings are made: 1. The sale of property will assist in the elimination of blight in the Moorpark Redevelopment Project. 2. The sale of property is consistent with the goals and objectives in the 2005 -2009 Implementation Plan for the Moorpark Redevelopment Project pursuant to Section 33490 of the CCRL. 3. The property is being sold to the Moorpark Group, LLC at the fair market value at the highest and best use in accordance with pe- MoorpdyJZ Redevelopment Plan. SECTION 2. The City Clerk shat certify to the adopAon of this resolution and shall cause a certified resolution to be J4ed in the book of origi al resolutions. PASSED AND ADOPTED the 21 st day of December Hunter, ATTEST: Deborah S. Traffenstedt, i y Clerk Resolution No. 2005 -2426 Page 3 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Deborah S. Traffenstedt, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2005 -2426 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 21 st day of December, 2005, and that the same was adopted by the following vote: AYES: Councilmembers Harper, Mikos, Parvin and Mayor Hunter NOES: None ABSENT: Councilmember Millhouse ABSTAIN: None 2005. WITNESS my hand and the official seal of said City this 28th day of December, Deborah S. Traffenstedt, Ci Clerk (seal)