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Resolution - 8014RESOLUTION NO. 5014 • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA MAKING ENVIRONMENTAL FINDINGS NECESSARY FOR THE PROPOSED OWNER PARTICIPATION AGREEMENT, BETWEEN THE REDEVELOPMENT AGENCY AND IRVEN G. REYNOLDS, JR. AND CAROLINE E. REYNOLDS FOR THE SALE AND DEVELOPMENT OF CERTAIN REAL PROPERTY LOCATED IN THE EASTLAND REDEVELOPMENT PROJECT AREA • WHEREAS, the Redevelopment Agency of the City of West Covina ("Agency") prepared a Final Environmental Impact Report which considered the environmental impacts of the Redevelopment Plan for the Eastland Redevelopment Project and the City Council of the City of West Covina approved the Final Environmental Impact Report on July 14, 1975; and WHEREAS, the Agency proposes to enter into an Owner Participation Agreement ("Agreement") with Irven G. Reynolds, Jr. and Caroline E. Reynolds ("Participant") for the sale of certain real property ("Site") within the Eastland Redevelopment Project ("Project") area and the development of the Site for retail automobile sales and related uses, and in connection therewith prepared an Initial Study of the environmental effects of said Agreement; and WHEREAS, said Initial Study conforms to the requirements of the California Environmental Quality Act of 1970 (Public Resources Code, Section 21000 et seq.), the "Guidelines for the Implementation of the California Environmental Quality Act of 197011, as amended, adopted by the Secretary for Resources of the State of California, and the Procedures for Implementation of the California Environmental Quality Act of 1970 adopted by resolution of the Agency; and WHEREAS, a duly noticed joint public hearing was held on the Agreement by the Agency and the City Council of the City of West Covina at which time all persons were given an opportunity to be heard; NOW, THEREFORE, the City Council of the City of West Covina does resolve as follows: SECTION 1. The City Council hereby approves and adopts the Initial Study with respect to the Agreement. SECTION 2. The City Council hereby certifies that the information contained in the Initial Study and the Final Environmental Impact Report has been reviewed and considered by the members of the Council. SECTION 3. The City Council hereby finds and determines as follows: (1) No substantial changes are proposed in the Project, or with respect to the circumstances under which the Project is to be undertaken, which will require major revisions in the Final Environmental Impact Report due to the involvement of new environmental impacts not covered in the Final Environmental Impact Report; • (2) No Subsequent Environmental Impact Report or Supplement to Environmental Impact Report is necessary or required; and (3) The proposed action will have no significant effect on the environment SECTION 4. The City Clerk shall certify to the adoption of this resolution. -1- • ATTEST: • I HE] adopted by held on the • and ADOPTED this 13th day of Aril , 1987. MAYOR - City Council of the City of West Covina CERTIFY that the foregoing Resolution. No. 8014 was duly City Council of the City of West Covina at a regular meeting thereof day of April _ by the following vote of the Council: -Z- Shearer City Clerk City Council of the City of West Covina