Ontario

City Council

June 03, 2025 Item #24

Agenda Item 24

24. A RESOLUTION APPROVING PURSUANT TO CEQA FINDINGS AS TO THE CERTIFIED FINAL\nENVIRONMENTAL IMPACT REPORT FOR THE DOWNTOWN CIVIC CENTER PLANNED UNIT\nDEVELOPMENT (SCH NO. 2004051155) AS PREVIOUSLY AMENDED, A DISPOSITION AND\nDEVELOPMENT AGREEMENT AND LOAN AGREEMENT BETWEEN THE CITY OF ONTARIO\nAND A BLOCK, LLC FOR THE ADAPTIVE REUSE OF HISTORIC PROPERTY AND NEW\nDEVELOPMENT LOCATED AT THE 100 BLOCK OF NORTH EUCLID AVENUE; ACCEPTING THE\nECONOMIC OPPORTUNITY STATUTE (GOVT CODE SECTION 52220 ET. SEQ) REPORT AND\nMAKING RELATED FINDINGS AUTHORIZING THE SALE OF THE PROPERTIES\nA. That the City Council adopt a Resolution approving the Disposition and Development\nAgreement ("DDA") between the City of Ontario ("City") and A Block, LLC\n("Developer"); approving a Construction Loan Agreement (“Loan Agreement”) between\nthe City of Ontario ("Lender") and A Block, LLC ("Borrower"); approving, as amended, the\ncertified Downtown Civic Center Planned Unit Development Environmental Impact\nReport (SCH No. 2004051155) findings; and\nB. Authorize the City Manager, or his designee, to sign all documents necessary to\nimplement the Disposition and Development Agreement and Loan Agreement.\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ONTARIO, CALIFORNIA, APPROVING,\nPURSUANT TO CEQA FINDINGS AS TO THE CERTIFIED FINAL ENVIRONMENTAL IMPACT REPORT\nFOR THE DOWNTOWN CIVIC CENTER PLANNED UNIT DEVELOPMENT (SCH NO. 2004051155)\nAS PREVIOUSLY AMENDED, THE DISPOSITION AND DEVELOPMENT AGREEMENT AND LOAN\nAGREEMENT BETWEEN THE CITY OF ONTARIO AND A BLOCK, LLC FOR THE ADAPTIVE REUSE OF\nHISTORIC PROPERTY AND NEW DEVELOPMENT LOCATED AT THE 100 BLOCK OF NORTH\nEUCLID AVENUE; ACCEPTING THE ECONOMIC OPPORTUNITY STATUTE (GOVT CODE SECTION\n52220 ET. SEQ) REPORT AND MAKING RELATED FINDINGS AUTHORIZING THE SALE OF THE\nPROPERTIES.