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R-077-16 Approving that Certain Disposition and Development Agreement Between the City of Colton and Lumar Devco, LLC
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R-077-16 Approving that Certain Disposition and Development Agreement Between the City of Colton and Lumar Devco, LLC
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11/11/2020 10:30:37 AM
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2 <br />0 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />plus estimated closing costs of $8,000 for associated expenses related to that certain Purchase and <br />Sales Agreement for the Berki Parcel from the Colton Electric Utility Rate Stabilization Reserve <br />Account Number 520-8000-8001-4960-0000-000; and <br />WHEREAS, on July 5, 2016, the City Council adopted Resolution No. R-69-16 <br />authorizing the adjustment to the Fiscal Year 2016-17 budget, for an appropriation of $1,134,000 <br />plus estimated closing costs of $6,500 for associated expenses related to that certain Purchase and <br />Sales Agreement for the County Parcel from the Colton Electric Utility Rate Stabilization <br />Reserve Account Number 520-8000-8001-4960-0000-000; and <br />WHEREAS, a budget revenue increase from the sale of the Berki and County Parcels to <br />the Developer, not listed in the 2016-17 Fiscal Year budget, is required and must be approved by <br />resolution of the City Council. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF COLTON: <br />SECTION 1. RECITALS. The City Council does hereby find and affirm the above - <br />noted recitals are true and correct and hereby incorporated in the body of this Resolution as if <br />restated in full. <br />SECTION 2. APPROVAL OF AGREEMENT. The City Council hereby approves the <br />Agreement and the conveyance of the Properties from the City to Developer pursuant to the terms <br />and conditions set forth in the Agreement. The City Council hereby authorizes and directs the <br />City Manager (with the concurrence of the City Attorney) to execute and deliver on behalf of the <br />City the Agreement and any documents and instruments as may be necessary or convenient in the <br />furtherance of the actions authorized by this Resolution. <br />SECTION 3. CEQA COMPLIANCE. The City's approval of the Agreement and <br />adoption of this Resolution is exempt from the California Environmental Quality Act (Pub. Res. <br />Code § 21000 et seq.: "CEQA") because the Agreement is a land acquisition agreement and the <br />City has conditioned future use of the site on CEQA compliance. (14 C.C.R. § 15004(b)(2)(A).) <br />The City's approval of this Agreement does not constitute approval of any site-specific <br />development plan for the Property, or other activity on the Property, that would have a direct or <br />reasonably foreseeable indirect environmental impact pursuant to CEQA. (14 C.C.R. § <br />15378(b).) The City's approval of the Agreement results in a mere transfer of the Property from <br />the City to the Developer. As more fully explained in the Agreement, Developer's future use <br />and/or development of the Property is expressly conditioned upon CEQA compliance. The City <br />shall conduct environmental review pursuant to CEQA prior to taking any discretionary action <br />with regard to any proposed development of the Property. Nothing in the Agreement or this <br />Resolution shall be construed to limit the City's discretion to consider and adopt any mitigation <br />measure or project alternative, including the alternative of rejecting any proposed development of <br />the Property, as provided in section 21002 of the Public Resources Code. Following completion <br />of the City's environmental review of any proposed development of the Property, the City shall <br />file a notice of such approval as provided in section 21152 of the Public Resources Code. <br />-2- <br />
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