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HomeMy WebLinkAboutCC Resolution 10035 (Rafael Town Center)SAN RAFAEL CITY COUNCIL RESOLUTION NO. 10035 A RESOLUTION OF THE SAN RAFAEL CITY COUNCIL APPROVING THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE SAN RAFAEL REDEVELOPMENT AGENCY AND RAFAEL TOWN CENTER LLC WHEREAS, the staff of the San Rafael Redevelopment Agency ("Agency") has presented a proposed disposition and development agreement ("DDA") with Rafael Town Center LLC ("Developer") providing for the Agency to sell to Developer certain property at Fourth Street and Court Street in downtown San Rafael (the "Property") and for Developer's development thereon of a mixed use complex of approximately 113 residential units, 38,000 square feet for office use and 24,500 square feet for retail use (the "Project"); WHEREAS, the Property is in the area governed by the Amended and Restated Redevelopment Plan for the Central San Rafael Redevelopment Area (the "Plan"); WHEREAS, development of the Property as contemplated by the DDA will assist in the elimination of blight in the area governed by the Plan by providing for new development on vacant and blighted lands and will provide for uses consistent with the City's Vision of Downtown San Rafael and Implementation Strategy; WHEREAS, the DDA is consistent with the Agency's implementation plan in that the implementation plan provides for reuse and development of the Property; WHEREAS, as described in the Agency staff report and the Section 33433 summary, the Agency will sell the Property to the Developer for approximately $2,104,000, an amount which is at least equal to the estimated fair market value of the Property for its highest and best uses under the Plan; WHEREAS, in conjunction with consideration of the DDA, the Agency prepared a mitigated negative declaration (the "Negative Declaration") after concluding that all the potential environmental impacts of the Project will be mitigated to a level of insignificance if specified mitigation measures are implemented; WHEREAS, the City Council and the Agency have held a public hearing on the DDA duly noticed in accordance with Health and Safety Code Section 33433. 141 \01 \110470.2, ��4Ug�'v�� �0 THEREFORE, the City Council of the City of San Rafael resolves as follows: Section 1. Based on the staff report, the Section 33433 summary, and evidence submitted at the public hearing on the DDA, the City Council hereby finds: (a) The development of the Property in accordance with the DDA will assist in the elimination of blight in the area governed by Plan. (b) The development of the Property in accordance with the DDA will be consistent with the Agency's implementation plan. (c) The purchase price the Developer will pay for the Property is at least equal to the fair market value of the Property for its highest and best uses under the Plan. Section 2. Based on the Negative Declaration and this Resolution, the City Council hereby finds that the approval of the DDA and the Project contemplated by the DDA will not result in any significant adverse environmental impact which will not be mitigated. Section 3. The City Manager and his designees are hereby directed to require as conditions of the City approvals for the Project contemplated by the DDA that the Developer in conjunction with the Agency implement the mitigation measures identified in the Negative Declaration. I, JEANNE M. LEONCINI, City Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a special meeting of the City Council of the City of San Rafael and the San Rafael Redevelopment Agency held on the 6th day of April, 1998, by the following vote: AYES: COUNCILMEMBERS: COHEN, MILLER, PHILLIPS & MAYOR BORO NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: HELLER JE : LEONCII�tI, City Clerk 141\01\110470.2 2