HomeMy WebLinkAboutRES RD 2003 127 2003 0618RESOLUTION NO. 2003 -127
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING
THE SALE OF CERTAIN REAL PROPERTY DESCRIBED AS
PARCEL "C" OF PARCEL MAP NO. 5426, APPROVING
PURCHASE AGREEMENT WITH LOAN TERMS, AND
AMENDING THE ADOPTED FISCAL YEAR 2002/2003
REDEVELOPMENT AGENCY BUDGET FOR $370,000
WHEREAS, after selecting a design for the Police Services
Facility on a parcel of approximately 7.59 acres at the
southeast corner of the railroad tracks and Spring Road, the
Redevelopment Agency finds that approximately 2 acres of land is
not required for completion of the police station and other
commitments; and
WHEREAS, the Agency finds that the development of a Human
Services Complex on this excess property, in order to provide a
safe area for day laborers to congregate and a permanent
location for non - profit social service organizations, such as
Catholic Charities, from which to serve primarily low income
clients, is consistent with the Agency's objectives of
eliminating blight within the Project Area and will be
consistent with plans to develop Moorpark's downtown area; and
WHEREAS, the Agency agrees to accept $653,175 as payment in
full for the above - mentioned excess property.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The real property that is the subject of this
resolution consists of Parcel "C" of Parcel Map No. 5426 as
described on Exhibit "A" which is attached hereto and
incorporated herein, and as more particularly depicted on
Exhibit "B" which is also attached hereto and incorporated
herein.
SECTION 2. The Moorpark Redevelopment Agency accepts the
purchase price of $653,175 and authorizes the execution of the
Purchase Agreement with Loan Terms, attached hereto as Exhibit
.� C" .
SECTION 3. A budget amendment in the amount of $370,000,
reflecting a revenue increase in FY 2002/2003, is described in
Exhibit "D ", attached hereto, and is hereby approved.
Resolution No. 2003 -127
Page 2
SECTION 4. This resolution shall become effective
immediately upon its adoption.
SECTION 5. The Agency Secretary shall certify to the
adoption of this resolution and shall cause a certified
resolution to be filed in the book of original resolutions.
PASSED AND ADOPTED this 18ti/ day ofd June 2003.
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ATTEST:
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ESTABLISHED
Deborah S. TraffeffWedt, o MARCH 18,1987 y�
Agency Secretary
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Attachments: Exhibit "A" Map
Exhibit "B" Legal Description
Exhibit "C" Purchase Agreement with Loan Terms
Exhibit "D" Budget Amendment
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Resolution No. 2003 -127
Page 4
Exhibit "B"
Legal Description
Parcel C of Parcel Map 5426 in the City of Moorpark, County of
Ventura, State of California, as shown on map filed in book 62
pages 35 and 36 of Parcel Maps in the office of the County
Recorder of said County.
Resolution No. 2003 -127
Page 5
Exhibit "C"
PURCHASE AGREEMENT WITH LOAN TERMS
Human Services Complex
THIS PURCHASE AGREEMENT WITH LOAN TERMS is made and entered
into this 18th day of June 2003, by and between the City of
Moorpark ( "City ") and the Moorpark Redevelopment Agency
( "Agency ").
RECITALS
WHEREAS, the City desires to purchase land upon which to
develop a Human Services Complex, to provide a permanent
location for the provision of social services to low income
individuals and households in Moorpark; and
WHEREAS, the Agency desires to sell excess land to the City
for this same purpose; and
WHEREAS, Resolution No. 2003 -2105, adopted June 18, 2003 by
the Moorpark City Council and Resolution No. 2003 -127, adopted
on this same date by the Moorpark Redevelopment Agency, set
forth more particulars regarding the real property that is the
subject of this Agreement and the intentions of both City and
Agency, pertaining to this transaction.
NOW, THEREFORE, IT IS AGREED by and between the City and
the Agency as follows:
SECTION 1. The land that is the subject of this Agreement
consists of approximately 2 acres which lie southeast of the
railroad tracks and Spring Road, known as Parcel "C" of Parcel
Map No. 5426, as described on Exhibit "A ", attached hereto and
incorporated herein, and as more particularly described on
Exhibit "B ", also attached hereto and incorporated herein.
SECTION 2. The purchase price for this property shall be
$653,175, and represents fair market value, as determined by an
independent appraisal.
Resolution No. 2003 -127
Page 6
SECTION 3. Payment shall consist of $370,000, to be paid
from the City's unexpended CDBG funds from previous years'
allocations, 1 payment of $96,667 from FY 2003/2004 CDBG funds,
and a payment of $93,254 in each of the following 2 years,
namely, FY 2004/2005 and FY 2005/2006. No interest shall be
payable on this loan.
IN WITNESS WHEREOF, the parties have executed this
Agreement as of the date first written above.
CITY OF MOORPARK
Steven Kueny, City Manager
ATTEST:
Deborah S. Traffenstedt,
City Clerk
MOORPARK REDEVELOPMENT AGENCY
Patrick Hunter, Chair
Deborah S. Traffenstedt,
Agency Secretary
Resolution No. 2003 -127
Page 7
EXHIBIT D
BUDGET AMENDMENT FOR
COMMUNITY DEVELOPMENT BLOCK GRANT
FY 2002 -03
FUND ALLOCATION FROM:
Fund
Account Number
Amount
Amended
Account Number
Current Budget
CDBG
2701 -5500
370,000.00
Total
$ -
370,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
DISTRIBUTION OF APPROPRIATION TO REVENUE ACCOUNTS:
Amended
Account Number
Current Budget
Revision
Budget
2701 - 2440 - 5020 -9820
$ -
370,000.00
370,000.00
Total
$ -
370,000.00
370,000.00
DISTRIBUTION OF APPROPRIATION TO REVENUE ACCOUNTS:
Amended
Account Number
Current Budget
Revision
Budget
2902 -3720
$ 1,300,000.00
370,000.00
1,670,000.00
Total
$ 1,300,000.00
370,000.00
1,670,000.00
Resolution No. 2003 -127
Page 8
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Deborah S. Traffenstedt, Secretary of the Redevelopment
Agency of the City of Moorpark, California, do hereby certify
under penalty of perjury that the foregoing Resolution No. 2003-
127 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 18th day of June, 2003
and that the same was adopted by the following vote:
AYES: Agency Members Harper, Mikos, Millhouse, Parvin
and Chair Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 8th
day of January, 2004.
Deborah S. Traffenst'e'dt,
Agency Secretary
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MARCH ', 8, 1987
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