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Res 89-182RESOLUTION NO. 89-182 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE AGENCY AND STANDARD PACIFIC, L.P. AND AUTHORIZING THE EXECUTION THEREOF WHEREAS, the Poway Redevelopment Agency ("Agency") is authorized to conduct redevelopment activities within the Paguay Project Area ("Project Area"), which activities include the acquisition and conveyance of real property for private development; and WHEREAS, the Agency desires to enter into a Disposition and Development Agreement (the "DDA") with Standard Pacific, L.P., ("Developer") substantially in the form approved hereby and on file in the City Clerk's Office, which DDA provides for the conveyance of certain real property located in the Project Area, which real property is more particularly described in the DDA, from the Agency to the Developer and the improvement of said real property by the Developer as a residential subdivision; and WHEREAS, the Agency and the City Council of the City of Poway ("City Council") have conducted a duly noticed joint public hearing regarding the DDA in accordance with California Health and Safety Sections 33431 and 33433; and WHEREAS, a copy of the DDA and the summary setting forth the matters required by California Health and Safety Code Section 33433 have been made available for public inspection and copying. NOW, THEREFORE, the City Council does hereby resolve as follows: Section 1: The City Council hereby approves the form of the DDA, on file in the City Clerk's office, and hereby authorizes the Mayor and City Clerk of the City to execute said DDA on behalf of the City, subject to the approval of the DDA by the Redevelopment Agency. PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway, California, at a regular meeting thereof this 12th day of December, 1989. Don Higglnson,~M~lyor ATTEST: Marjori~ )~? Wahlsten, City Clerk R/PARCELi.1 Resolution No.89-182 Page 2 STATE OF CALIFORNIA COUNTY OF SAN DIEGO I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify under penalty of perjury that the foregoing Resolution No. 89-182 was duly adopted by the City Council at a meeting of said City Council held on the 12th day of December, 1989, and that it was so adopted by the following vote: AYES: NOES: NONE ABSTAIN: NONE ABSENT: EMERY BRANNON, GOLDSMITH, KRUSE, HIGGINSON Marjorie\K. Wahlsten, City Clerk City of Poway 6/R/PARCEL3