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HomeMy WebLinkAboutReso 1999-19613 RESOLUTION NO. 19613 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND METROPOLITAN TRANSIT DEVELOPMENT BOARD (MTDB) FOR CONTINUATION OF THE CHULA VISTA BILLBOARD RESERVE FUND AND EXPENDITURE OF REVENUE WITHIN THE FUND VCFIEREAS, in 1984, the City of Chula Vista agreed to allow Gannett Outdoor Company and Metromedia, Inc. to install two outdoor billboards in the MTDB right-of-way along Interstate-5 between "E" and "H" Streets; and WHEREAS, it was agreed that these signs would remain in place for 15 years (through 1999): and WHEREAS, in 1990, a Conditional Use Permit was issued to Patrick Media Group to allow a billboard to be relocated to the MTDB right-or:way for a period of 10 years: and WHEREAS, in exchange, the billboard companies have removed five signs from within the City boundaries and agreed to the creation of the Billboard Reserve Fund to which they contribute and Chula Vista is the only agency eligible to withdraw money from this fund: and WHEREAS, Eller Media and Outdoor Advertising, the current co-owners of the three signs, have requested an extension which would allow tbe three signs to remain in place through 2015; and WHEREAS, while a Conditional Use Permit granting this extension can be issued administratively, city staff will make the processing of that permit contingent upon the Council and MTDB's approval of the attached agreement between the City and MTDB. NOW, THEREFORE, BE 1T RESOLVED the City Council of the City of Chula Vista does hereby approve an Agreement between the City of Chula Vista and the Metropolitan Transit Development Board (MTDB) for continuation of the Billboard Reserve Fund and Expenditure of Revenue with the Fund, a copy of which shall be kept on file in the office of the City Clerk. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby authorized and directed to execute said agreement on behalf of the City of Chula Vista. Presented by Approved as to fbrm by Resolution 19613 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 21~' day of September, 1999, by the tbllowing vote: AYES: Councihnembers: Davis, Moot, Padilia, Salas and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: None ATTEST: S I I~ usan Bigelow, City C er STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 19613 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 21~t day of September, 1999. Executed this 2l~ day of September, 1999. Susan Bigelow, City Clerk