HomeMy WebLinkAboutResolution No. 6589 (Equitec Financial Group Agreement)RESOLUTION NO. 6589
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN RAFAEL DETERMINING AGENCY COMPLIANCE WITH
SECTION ~4B3 OF THE CALIFORNIA HEALTH & SAFETY
CODE AND APPROVING A DISPOSITION AND DEVELOPMENT
AGREEMENT WITH EQUITEC FINANCIAL GROUP
The City of San Rafael, hereinafter referred to as City, and
the San Rafael Redevelopment Agency, hereinafter referred to as
Agency, having conducted a joint public hearing upon the above-
entitled matter upon due notice, and the City and/or Agency having
heard all persons, objections and recommendations relative hereto,
and having fully considered the same, do hereby declare, find and
determine that:
1. WHEREAS, California Health and Safety Code Section 33433
requires the legislative body exercising jurisdiction in the area
hold a public hearing to approve the sale, exchange or lease of any
Agency acquired property which has been ourchased in whole or in oart
with tax increment monies; and
2. WHEREAS, the Agency will, or has, approved a Disposition
and Development Agreement; and
3. WHEREAS, the City and Agency have caused a public notice of
this meeting to be published in a newspaper of general circulation
within the area once a week for two successive weeks prior to the
hearing; and
4. WHEREAS, the Agency has prepared a reading file, in con-
formance with Section 33433 of the California Health and Safety Code
which is available for the oublic to read at the office of the City
Clerk, 1400 Fifth Avenue, San Rafael; and
5. WHEREAS, the City Council finds that the ourchase price for
the property is equal to the fair market value, and that such pur-
chase price is set forth in the Agency Summary of the Disposition
and Development Agreement, necessary to implement the Central San
Rafael Redevelopment Plan.
NOW, THEREFORE, the City takes the following action:
RESOLVED, the City determines the Agency has complied with
Health and Safety Code Section 33433 and approves the Disposition
and Development Agreement with Equitec Financial Group. Said
Agreement is in substantial conformity with that in the reading
files placed with the City Clerk.
RESOLUTION NO. 6589
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 joint public meeting of the members of
said Council, held on the first day of --=-=::.=....::=--=----_~A=u=g~u=s~t=_ ____ , 1983,
by the following vote, to wit:
AYES: COUNCILMEMBERS:Breiner, Frugoli, Jensen, Miskimen & Mayor Mulryan
NOES: COUNCILMEMBERS:None
ABSENT: COUNCILMEMBERS:None
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