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Res 92-065RESOLUTION NO. 92- 065 A RESOLUTION OF THE POWAY CITY COUNCIL APPROVING THE LEASE BY THE POWAY REDEVELOPMENT AGENCY OF REAL PROPERTY IN THE PAGUAY REDEVELOPMENT PROJECT AREA, MAKING FINDINGS OF ENVIRONMENTAL IMPACT AND AND AUTHORIZING THE EXECUTION OF A LEASE AND MANAGEMENT AGREEMENT WHEREAS, the Poway Redevelopment Agency (hereinafter referred to as the "Agency") under the provision of the California Community Redevelopment Law, is engaged in activities necessary for the execution of the Redevelopment Plan for the Paguay Redevelopment Project Area (hereinafter referred to as the "Project Area"); and WHEREAS, in order to effectuate the provision of that Redevelopment Plan, the Agency proposes to lease certain property owned by the Agency within the Project Area (hereinafter referred to as the "Site"); and WHEREAS, the City of Poway has agreed to lease and manage the site in the form of a Lease and Management Agreement (hereinafter referred to as the "Agreement") at a price less than fair market value of the land and the improvements for use as a public library in accordance with the Redevelopment Plan for a public library; and WHEREAS, the proposed Agreement contains all the provisions, terms and conditions, includes all obligations required by State and local laws, and ensures use of the Site in accordance with the purposes and objectives of the Redevelopment Plan and the Project; and WHEREAS, the Agency and the City Council of the City of Poway held a joint public hearing on the proposed lease of the Site pursuant to published notice as required by law; and WHEREAS, the Agency has duly considered all terms and conditions of the proposed lease and believes that the use of the Site pursuant to the subject Agreement is in the best interests of the City and health, safety, morals and welfare of its residents, and in accord with the public purposes and provisions of applicable State and local law requirements. NOW THEREFORE, the City Council of the city of Poway does hereby find, determine, order and resolve as follows: Resolution No. 92-065 Page 2 Section 1. The recitals hereof are true and correct and are incorporated herein by reference. Section 2. The lease of the real property by the Redevelopment Agency to the city of Poway by the Agency as described in the Agreement is hereby approved. 1992.PASSED, APPROVED AND ADO __P~a~ ATTEST: Wahlsten, City Clerk COUNTY OF SAN DIEGO ) ) ss. STATE OF CALIFORNIA ) I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify, under the penalty of perjury, that the foregoing Resolution No. 92-065 , was duly adopted by the City Council at a meeting of said City Council held on the 5th day of May , 1992, and that it was so adopted by the following vote: AYES: NOES: NONE ABSTAIN: NON E ABSENT: NON£ (CB - C:\WP51\RES\AGRLIB2.RES) EMERY, HIGGINSON, MCINTYRE, SNESKO, GOLDSMITH ' ' Wahlsten, City Clerk City ~fo~oway