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HomeMy WebLinkAboutReso 98-097 - Approving the sale of the Redding Redevelopment Agency Property located at 4421 Churn Creek Rd to David Jack Lewallen � ' � � . '�: RESOLUTION NO. 98-9� A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING THE SALE OF THE REDDING REDEVELOPMENT AGENCY PROPERTY LOCATED AT 4421 CHURN CREEK ROAD TO DAVID JACK LEWALLEN. WHEREAS, the Redding Redevelopment Agency ("Agency") has received an offer to purchase Agency property located at 4421 Churn Creek Road; and WHEREAS, before any property of the Agency acquired in whole or in part, directly or indirectly,with tax-increment moneys is sold,the sale shall first be approved by the legislative body of the City by resolution after public hearing; and WHEREAS, the property may also be sold without public bidding, but only after a public hearing; and WHEREAS, proceedings have been duly conducted and held in accordance with the provisions of the California Health and Safety Code Section 33430, et seq., including publication of the notice of hearing; and WHEREAS, the public hearing was held on this date, prior to the adoption of this resolution; NOW,THEREFORE,the City Council FINDS,RESOLVES ANll ORDERS as follows: l. The above recitals are true and correct. 2. The City Council makes the following findings in connection with the proposed sale to David Jack Lewallen: (a) The sale of the property at 4421 Churn Creek Road will assist in the elimination of blight and is consistent with the implementation plan adopted pursuant to Section 33490; and � 1 (b) The consideration is not less than the fair reuse value at the use and with the � covenants, conditions, and development costs authorized by the sale. � � 1 � t • • ^3 � � � • v S 3. The City Council hereby approves the sale of the Redding Redevelopment Agency property located at 4421 Churn Creek Road to David Jack Lewallen. I HEREBY CERTIFY that the foregoing resolution was introduced, read and adopted by a majority vote at a regular meeting of the City Council on the 7`h day of July 1998, by the following vote: AYES: � COUNCILMEMBERS: Anderson, Cibula, Kight , McGeorge and Kehoe NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None �� — DAVID . HOE, May ATTEST: CONNIE STROHMAY , City Clerk FORM APPROVED: � � r `� L'�lL.� .'1/l..l.-� 4�..� � W. LEONARD WINGA�' , City Attorney C:\MyFiles\RRAIRES\1998�44221CHURN CREEK.w�xl 2