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JOINT HEARING - Consider recommendations regarding the Real Property Acquisition of 881 Embarcadero Del Mar, Isla Vista, Third District, as follows: (EST. TIME: 15 MIN.)
Acting as the Board of Supervisors, consider the following:
a) Accept the CEQA addendum to the Isla Vista Master Plan Environmental Impact Report ("IVMP EIR"), finding the proposed project was studied in the IVMP EIR and that refinements to the proposed project will not result in new significant impacts nor substantially increase the severity of previously disclosed significant impacts beyond those already identified;
b) Adopt the County Resolution making findings required by California Health & Safety Code Sections 33445 and 33679 to use Redevelopment Agency funds to purchase 881 Embarcadero Del Mar (Property);
c) Adopt the Resolution of Intent to Purchase the Property from the Union Oil Corporation of California (Union Oil);
d) Authorize the Chair to execute the Real Property Sale Contract and Escrow Instructions between the County and Union Oil to acquire the Property in the amount of $1,400,000, and authorize the County Executive Officer, or designee, to initial various provisions therein on behalf of the County;
e) Authorize the County Executive Officer to extend escrow up to 60 additional days, if necessary to facilitate funding of the acquisition.
Acting as the Board of Directors of the Redevelopment Agency, consider the following:
f) Accept the CEQA addendum to the Isla Vista Master Plan Environmental Impact Report, finding the proposed project was studied in the IVMP and that refinements to the proposed project will not result in new significant impacts nor substantially increase the severity of previously disclosed significant impacts beyond those already identified;
g) Adopt the Agency Resolution making findings required by Health & Safety Code Sections 33445 and 33679 for the acquisition of the Property.
COUNTY EXECUTIVE OFFICER'S RECOMMENDATION: APPROVE
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