Res01 RD-01-61 - Laserfiche WebLink

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