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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. ck Hun ATTEST: Rlp ESTABLISHED Deborah S. TraffeffWedt, o MARCH 18,1987 y� Agency Secretary y¢ �IFOA� c�rY OF air Attachments: Exhibit "A" Map Exhibit "B" Legal Description Exhibit "C" Purchase Agreement with Loan Terms Exhibit "D" Budget Amendment to 36 Ivwrrr mmmwmw� A - 9�16,NVG. 0 i _ 4 PAR49L a aw *&"Pao* SAW i Ww —ITF.r- I ti V41NITY MAP MI 9 L f vww SWAM 1--IW PARCEL M" NO..14 26 L 0 7 'A' OFU6M9SIOV Or A Fl"vzftw OV 7RAcriv-1 1266• -f (b"PAW AWSIRMi TRACT) po? Jo uk. 41 Cjtt ('4(' MOMPARK WeWMA IOU,'. 6MZ AM.A rlwarsrwww %ORUR% oftemd" or 2 ;Storrlu i11 N- rt I-V w 0 (D 4 En (D 0 F- w r- rt P- 0 z 0 N) C) C) w 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 (sea PPA EIyT qCF * ESTABL.iSHED MARCH ', 8, 1987 A,i� - 94 /FOAaOQ� cjrr OF 1N0