HomeMy WebLinkAbout2007-05-01; Housing & Redevelopment Commission; Resolution 439*1 RESOLUTION NO. 439
2 A RESOLUTION OF THE HOUSING AND
REDEVELOPMENT COMMISSION OF THE CITY OF
3 CARLSBAD, CALIFORNIA, AUTHORIZING EXECUTION
OF THE LEASE AGREEMENT BETWEEN BECKIE BIDDLE
DBA SOWING , SISTERS QUILT SHOP AND THE
5 CARLSBAD REDEVELOPMENT AGENCY TO LEASE
AGENCY OWNED PROPERTY LCOATED AT 2787 STATE \
6 STREET FOR THE PURPOSES OF OPERATING A \
RETAIL QUILT SHOP. |
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8 WHEREAS, the Carlsbad Redevelopment Agency assumed ownership, of the !
9 State Street Building and related property located at 2787 State Street, originally known
10 as the Bauer Lumber Building; and
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WHEREAS, the subject site was acquired by the Redevelopment Agency with
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the intent of facilitating redevelopment of the site as well as other properties at the ;
corner of State Street and Grand Avenue; and
15 WHEREAS, it is anticipated that it will be at least two years years before
16 redevelopment of the site will occur; and
17 WHEREAS, ther is a need within the community to make continued use of the
18 subject building/space for retail purposes until such time as redevelopment of the site
19 occurs; and
20 WHEREAS, California Redevelopment Law permits the Agency to Rent,
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maintain, manage, operate, repair and clear property purchased for the purpose of
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redevelopment; and
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WHEREAS, the Agency has determined that it is appropriate and necessary to
25 enter into the subject lease and extend use of the subject building/space for retail
26 purposes until such time as a redevelopment project may be implemented; and
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" 1 WHEREAS, based on the current commercial rental market, age of the subject
2 building, parking limitations, and lease term available, a determination has been made
that the proposed leas provides for a market rental structure requiring no subsidy by the
Agency.
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NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment
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Commission of the City of Carlsbad, California, as follows:8
9 1. That the above recitations are true and correct.
10 2. The Commission hereby determines that the building located at 2787
11 State Street, and owned by the Redevelopment Agency, shall continue to
19 benefit the redevelopment area through its continued use for retail purposes
through a lease with Becky Biddle dba Sowing Sisters Quilt Shop for a
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twenty-six month term beginning May 1, 2007 and ending June 30, 2009
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according to the terms set forth in the attached lease agreement provided as !
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Exhibit 2, and hereby approves said lease agreement.
3. The Commission hereby authorizes the Chairman of the Housing and
19 Redevelopment Commission to execute the approved lease agreement
20 between the Carlsbad Redevelopment Agency and Beckie Biddle dba Sowing
21 Sisters Quilt Shop for lease of the property located at 2787 State Street, in
22 substantially the form presented to the Commission and subject to approval
23 of the City Attorney, who serves as legal Counsel to the Carlsbad
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Redevelopment Agency.
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PASSED, APPROVED AND ADOPTED at a Special Meeting of the Housing and
Redevelopment Commission of the City of Carlsbad on the 1st day of May, 2007, by the
following vote to wit:
AYES: Commission Members Lewis, Kulchin, Hall, Packard and Nygaard
NOES: None
ABSENT: None
ATTEST:
RAYMOND R. PATCHETT,
(SEAL)
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