HomeMy WebLinkAboutReso 1999-19355 RESOLUTION NO.19355
AGENCY RESOLUTION NO. 1618
JOINT RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
APPROVING AN APPROPRIATION FOR REPAYMENT OF
AGENCY DEBT TO THE CITY, APPROVING A FUNDING
AGREEMENT FOR THE PROVISION BY THE CITY OF $250,000
TO THE OLYMPIC TRAINING CENTER, AND APPROPRIATING
FUNDS THEREFOR
WHEREAS, the City Council has previously approved in concept, a donation to the U.S.
Olympic Training Center (OTC); and
WHEREAS, the OTC and the City have jointly participated in mutually beneficial
programs, including: joint promotion of the City and the OTC facility, public outreach
programs, use of facilities by community organizations, the Reach for the Stars program with
local elementary schools, and promotion of regional tourism; and
WHEREAS, the OTC agrees that in exchange for the donation, certain programs,
functions and activities that benefit the local community will be maintained and enhanced; and
WHEREAS, funds are available for this purpose from repayment to the C!ty by the
Redevelopment Agency of $250,000 of outstanding loan amounts; and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista
does hereby:
1 ) Approve, in the form presented, a Funding Agreement with the OTC providing
for a donation to the U .S. Olympic Training Center in the amount of 9250,000,
2) Authorize the Mayor to execute same, a copy of which shall be kept on file
with the City Clerk.
3) Appropriate $250,000 from CIP 600 6000 RD229 to the General Fund as
repayment by the Agency of amounts owed to the City under previous loans
and appropriate the same amount from the General Fund for purposes of
funding the Funding Agreement with the Olympic Training Center.
4) Find and determine that its approval of the Funding Agreement serves the public
purposes of advancing commerce and improving the quality of life for Chula
Vista residents.
Presented by Approved as to form by
Chris Salomone /~ ohn
Community Development Director ttorney
Resolution 19355
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 9th day of February, 1999, by the following vote:
AYES: Councilmembers: Davis, Moot, Padilia, Salas and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
ATTEST:
Susan Bigelow, City Clerk
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. 19355 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 9th day of February, 1999.
Executed this 9th day of February, 1999.
Susan Bigelow, City Clerk
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