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make the findings, and adopt the statements of overriding considerations, all as <br />set forth in detail in the Attachment "1" attached hereto and incorporated in this <br />Resolution by this reference and the exhibits attached thereto (Exhibits "A" <br />through "E" ). The statements, findings and determinations set forth in <br />Attachment "1" are based on the certified Final EIR and other information <br />available to the City Council and the Agency, and are made in compliance with <br />Sections 15091, 15092, and 15093 of the State CEQA Guidelines and Section <br />21081.6 of CEQA. <br />3. The Agency and City find that approval of the Cinema DDA and the <br />Project it authorizes, under the circumstances of this particular case and the <br />conditions specified herein, will not be detrimental to the health, safety, peace, <br />comfort and general welfare of persons residing or working in the neighborhood <br />or to the general welfare of the area. The Agency and City find that the Project, <br />as compared to the existing condition, will be more beneficial to the health, <br />safety, peace, comfort and general welfare of persons residing or working in the <br />neighborhood and to the general welfare of the area because the Project will help <br />revitalize the downtown area, attract patrons to the movies over and over again <br />throughout the year, who are considered likely to shop at downtown stores and <br />dine at downtown restaurants. The Project is expected to stimulate the activity <br />that would support downtown jobs and increase sales tax revenues from nearby <br />outlets but also revitalize and enliven an entire commercial district. <br />4. That certain agreement entitled, "Disposition and Development <br />Agreement for Downtown Retail- Cinema - Office and Parking Project," by and <br />between Western Innisfree Ventures, LLC, the City and this Agency, which has <br />been executed by Western Innisfree Ventures and delivered to the Executive <br />Director of the Agency, hereby is approved by the Agency and the City, and the <br />6 RD -040 <br />Concurrent Cinema Resolution: <br />1/24/01 <br />14141 <br />