Laserfiche WebLink
RESOLUTION NO. R-110-88 <br />RESOLUTION OF THE CITY COUNCIL OF <br />THE CITY OF COLTON APPROVING DISPOSITION <br />AND DEVELOPMENT/OWNER PARTICIPATION AGREEMENT <br />BETWEEN THE REDEVELOPMENT AGENCY FOR <br />THE CITY OF COLTON AND JOHN E. DIETERICH <br />AND GAIL A. DIETERICH <br />WHEREAS, in order to effectuate the provisions of the <br />Redevelopment Plan for the Santa Ana River Redevelopment Project <br />Area, the Redevelopment Agency for the City of Colton (the <br />"Agency") proposes to acquire and resell certain property <br />(hereinafter referred to as the "Sales Parcel") within the Santa <br />Ana River Redevelopment Project Area (the "Project Area") to John <br />E. Dieterich and Gail A. Dieterich pursuant to a Disposition and <br />Development/Owner Participation Agreement (the "Agreement"); <br />WHEREAS, before the Agency can enter into the Agreement <br />the City Council of the City of Colton (the "City Council") must <br />make certain findings and approve the Agreement in accordance <br />with Section 33433 of the Health and Safety Code; <br />WHEREAS, The City Council has reviewed and considered <br />the Agreement and has determined that the acquisition and sale of <br />the real property in accordance with the Agreement is in the best <br />interests of the citizens of Colton and is consistent with the <br />goals set forth in the Redevelopment Plan for the Project Area; <br />and <br />WHEREAS, the City Council has received and duly <br />considered testimony presented at public hearing. <br />